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

LVMH reported strong earnings for the first half of 2019, generated by brands like Louis Vuitton and Dior. LVMH's earnings rose 15 percent in the second quarter of 2019, to $14 billion, with the largest growth coming from a 20 percent increase in the fashion and leather goods sector. Asia proved profitable in particular as the region generated  at third of LVMH's overall reven...Read More

The USA's National Retail Federation and GfK (Growth from Knowledge) a digital research agency, have produced and published a white paper, entitled "Decoding the Personalization Paradox." The paper is to help retailers and brands apply "personalization at scale." and allows its users to learn more about consumers' needs, desires and concerns about targeting and personalization and how ma...Read More

The Angolan government is to launch a public tenderprocess during the remainder of this year for five mining concessions. These will be for diamonds, iron-ore and phosphates. This was announced late last month by the country’s Mineral Resources and Petroleum Minister, Diamantino Azevedo, during a visit to the city of Moçamedes (capital of Namibe province), the Macauhub news agency rep...Read More

The gender gap in the mining industry will widen if it does not invest in attracting more women to associated careers, in view of the quickly evolving roles and skills required by the industry, particularly owing to Industry 4.0, says diamond company De Beers Group.“There is no doubt that the mining industry will benefit from being more diverse and inclusive, as this leads to greater resilie...Read More

HARARE – Zimbabwe will repeal its indigenisation and economic empowerment legislation dealing with ownership of foreign-controlled companies and replace it with a new empowerment law, Finance Minister Mthuli Ncube said on Thursday.Addressing parliament, Ncube also said foreign investors can now take majority stakes in the platinum and diamond sectors.AdvertisementThe empowerment law ado...Read More

Thickened tailings deposition for closureSPONSOREDsrk consultingNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsMy column last week drew attention to the consequences for gold miners of gold bullion inves...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumSouthern Copper wants to build an openpit mine to produce 120,000 tonnes per year of copper for 20 years. Upon receipt of the construction licence, Southern said it would not start development until it had support from local communities.For the past three weeks, those communities have been making it very clear they...Read More

On April 21st of this year, the government quietly made a move that will usher in a brand-new, multibillion-dollar industry.But it wasn't something that it actively did - like pass a new law or kill an old regulation. It was actually something it didn't do...The U.S. government neglected to renew a patent that had been on the books for 16 years. It was - at the time - a rather forgettable ripple i...Read More

The S&P and Nasdaq logged their third straight lossStocks started the session higher -- with the Dow up more than 83 points at its intraday peak -- on a blowout earnings report for Apple (AAPL) and upbeat jobs data. Markets held modest gains through midday, before turning sharply lower in the wake of this afternoon's Fed announcement. While the central bank issued a 25-basis-point rate cut and sai...Read More

Meanwhile, another stock extends its 2019 lead to almost 900%Stocks mostly traded near breakeven today, though the Dow was last seen sharply lower after Fed Chair Jerome Powell suggested more rate cuts may not be coming. Three names to watch in the meantime are electric vehicle producer Workhorse Group Inc (NASDAQ:WKHS), drugmaker Omeros Corporation (NASDAQ:OMER), and online education specialist 2...Read More

A short squeeze could add fuel to the stock's fireThe shares of genetic testing concern InVitae Corp (NYSE:NVTA) are fresh off an all-time high of $28.38, last seen 1.6% higher at $27.60, thanks to a boost from Citron Research. The firm said it will "continue to stay long until the stock hits at least $65, as we believe it is on its way to $100" -- nearly four times yesterday's close of $27.21. Fu...Read More

Wayfair's second-quarter earnings are expected before the open tomorrow The shares of online home goods retailer Wayfair Inc (NYSE:W) have been coasting steadily lower since touching a record high of $173.71 in March, slamming into resistance at the $165 region and recently falling back beneath the $140 area, which acted as support for the stock's post-bull gap lows back in February. However, Wa...Read More

Spread activity is detected today in VKTX's options pitsThe shares of Viking Therapeutics Inc (NASDAQ:VKTX) are up 3.3% to trade at $7.93 today, as the biotech concern prepares for its second-quarter earnings report, set for after the close tomorrow, Aug. 1. Ahead of the event, VKTX's typically quiet options pits have come alive, with an emphasis on calls. More specifically, VKTX has seen almost...Read More

BHGE may have cleared long-term technical resistance todayOilfield services provider Baker Hughes (NYSE:BHGE) is one of the best stocks on Wall Street today thanks to the company's second-quarter earnings beat. The shares have gained 4.8% today to trade at $25.68, and this has them pushing above a moving average on the charts that has caused issues for the stock in the past. For instance, the equ...Read More

The research firm issued a "strong sell" opinion on the surgical instrument makerSurgical instrument maker Penumbra Inc (NYSE:PEN) is among the worst stocks on the New York Stock Exchange (NYSE) today, due to a scathing note from Spruce Point Capital Management. The research firm issued a "strong sell" opinion on PEN shares, and predicted 40% to 55% downside risk for the "one-trick pony" amid a "w...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that it has received a purchase order from a distributor to equip various government vehicles in Australia with the CP250 in-vehicle cellular device as part of a Cellular Vehicle-to-Everything (C-V2X) pilot program.C-V2X is designed to connect vehicles to each other, roadside in...Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce the appointment of Darren Battersby as Chief Financial Officer, effective August 1st, 2019.Mr. Battersby joins Venzee bringing the required experience to take the company through its next phase of growth. Mr. Battersby has held key roles in a number of growing and developing companies in t...Read More

All three benchmarks are heading toward monthly winsAs July comes to a close, the Dow Jones Industrial Average (DJI) has traded on both sides of the aisle, but was last seen cautiously higher due to a post-earnings surge from Apple (AAPL). Meanwhile, the S&P 500 Index (SPX) also sits just above breakeven at midday, while the Nasdaq Composite (IXIC) is firmly in the black thanks to a tech sect...Read More

Humana reported a second-quarter earnings and revenue beat before the bell todayHeathcare concern Humana Inc (NYSE:HUM) hit a new five-month high of $301.86 earlier today, and is now trading up 4.3% at $296.67, pacing for its fourth straight win. This comes after the firm posted second-quarter earnings of $6.05 per share on $16.25 billion in revenue, both of which beat analysts estimates, and lift...Read More

The GPS concern reported earnings and revenue that exceeded analysts' estimates The shares of GPS concern Garmin Ltd. (NASDAQ:GRMN) are skyrocketing today, after the firm unveiled second-quarter earnings and revenue that beat analysts' estimates. The company cited growing demand for its wearable and fitness devices, and lifted its 2019 revenue forecast on growing expectations for its aviation, mar...Read More