The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More

The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More

This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More

Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More

Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More

Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More

The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More

In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More

Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More

A previous version of this column included an incorrect unit of measure for copper. This story has been corrected. AFP/Getty Images Gold futures ended lower on Tuesday, falling sharply from their highest intraday levels in more than six years, after the U.S. announced that it would delay tariffs on some Chinese goods and scheduled further talks in an effort to resolve the trade dispute between th...Read More

The FAANG stock is leading the Dow todayNews that the U.S. will be delaying tariffs on certain Chinese goods, including cell phones and laptop computers, has the Dow on the rebound today, with Apple Inc (NASDAQ:AAPL) at the helm. The tech giant has gained 4.1% so far, and is currently perched at $208.70 -- trading back near its pre-bear gap levels from earlier this month and eyeing its highest cl...Read More

Genworth Financial stock is a top performer todayGenworth Financial Inc (NYSE:GNW) is one of the best stocks on the Street today, up 13% at $4.35, thanks to news the financial firm is selling a 57% stake in its Canada business to Brookfield Business Partners for $1.81 billion. While this sets GNW shares up for the best finish, and the first above the 200-day moving average, since February, options...Read More

Pullbacks to the stock's 160-, 200-, and 320-day moving averages have preceded big ralliesIt's been a rough August for the U.S. stock market, with the tech sector taking a notable hit on escalating U.S.-China trade rhetoric. This weakness may have created buying opportunities among individual names, though, with FAANG stock Amazon.com, Inc. (NASDAQ:AMZN) now trading near a trio of trendlines that...Read More

Angkor Gold Corp. (TSXV:ANK and OTC:ANKOF) (Read full newsRead More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce that, subject to regulatory approval, it has retained Mackie Research Capital Corporation ("Mackie Research") to initiate market making services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange.Beginning August 1, 2019, Mackie Research will trade sh...Read More

Tighter drilling and structural modelling are keys to success.Read full newsRead More

Consolidation of smaller producers on the cards, but mega-mergers have reset the landscapeRead full newsRead More

The Trump administration is removing certain items from the tariff listThe Dow Jones Industrial Average (DJI) is headed for a massive rebound, up more than 400 points and eyeing its biggest surge in two months. The major turnaround comes after the United States Trade Representative said 10% tariffs against certain Chinese goods -- including several electronics and clothing items -- will be put off...Read More

The company's recent earnings reports have not been kind to the stockThe shares of Nvidia Corporation (NASDAQ:NVDA) are down 0.8% to trade at $150.19 this morning, after RBC cut its price target on the chip name to $190 from $200. The bear note comes as Nvidia prepares for its turn in the earnings confessional, set for after the close on Thursday, Aug. 15. Looking at Nvidia's earnings history,...Read More

The firm's stomach cancer treatment met its main goal in a late-stage studyThe shares of biotech name Deciphera Pharmaceuticals Inc (NASDAQ:DCPH) have more than doubled this morning after the durgmaker announced that its lead treatment, ripretinib, met its main goal during a late-stage study in patients with stomach cancer. The stock has shot up 100% at $39.95, trading right back near its June 20...Read More

Call options on AAP have been popularAdvance Auto Parts, Inc. (NYSE:AAP) is trading down 7.9% this morning at $130.95, after the company reported adjusted earnings per share of $2, falling short of analysts' estimates of $2.21, while it also lowered the upper end of its full-year forecast. This earnings pullback would seem to be bad news for a number of options traders, who had been targeting call...Read More

Option premiums look attractive on the stockCruise line Carnival Corp (NYSE:CCL) has been wildly underperforming on the charts. The stock has shed 22% over the past 12 months, and is continuing to see pressure from its historically bearish declining 40-day moving average. With a large block of puts expiring this week at the underfoot 45 strike, removing a potential layer of options-related support...Read More

The latest inflation data is also on Wall Street's radar Dow Jones Industrial Average (DJI) futures are pointed sharply lower this morning, with the blue-chip index set to build on yesterday's geopolitical-inspired sell-off. Investors are nervously eyeing a narrowing of the 2-year and 10-year Treasury yield spread, as rare occurrences of a yield curve inversion have previously preceded recessions....Read More

The stock plunged 9.6% yesterday after the country's election resultsJ.P. Morgan Securities upgraded Mercado Libre, Inc. (NASDAQ:MELI) to "overweight" from "neutral," and lifted its price target to $750 from $563 -- a 20% premium to last night's close at $623.65 -- saying the Argentinian online auction name has shown strength in an underpenetrated e-commerce area. The brokerage firm also cited an...Read More

Calling out some key levels in play amid the buck's breakout"As your President, one would think that I would be thrilled with our very strong dollar," posted the @realDonaldTrump Twitter account this past Thursday, Aug. 8. "I am not!" President Trump's Twitter went on to take the Federal Reserve to task for its "high interest rate level," "keeping the dollar high," and generally "call[ing] it wron...Read More

"The company now has 100% ownership of a nickel district with over 280Mt of resource [measured and indicated] in one of the largest mining districts in Brazil, the Carajás district, which has good infrastructure, water, energy and skilled labour," Horizonte chief executive Jeremy Martin said."This generates the potential for Horizonte to develop two mining centres within trucking distance o...Read More

That contribution was above guidance of $390-$430 million.Read More

Organized by the Continental Buying Group and Preferred Jewelers International, the new Diplomat show will be held right after Labor Day on September 4, 5, and 6. at the newly renovated Diplomat Hotel and Resort in Hollywood Florida, in a statement, the organizers said that "As we head into the critical fourth quarter, [we will be] offering great opportunities for retailers to fill up their cases...Read More

The NewZimbabwe.com news website took a bit closer lo at the deal made between Russian diamond exploration and mining giant Alrosa and the state-owned Zimbabwe Consolidated Diamond Company (ZCDC). Alrosa will have 70 percent stake in its joint venture with in Manicaland with a provision set for possible expansion "in the territory of the whole country." Information Minister Monica Mutsvangwa conf...Read More