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
Thickened tailings deposition for closureSPONSOREDsrk consultingAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsLake Resources prepares to make a splash in lithium SPONSOREDlake resourcesIt restarted work in June on the PEA, based on a resource which has been updated ag...Read More
Thickened tailings deposition for closureSPONSOREDsrk consultingSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumLake Resources prepares to make a splash in lithium SPONSOREDlake resourcesThe company said the increased project capital was due to higher costs associated w...Read More
This episode features a speech on the difficulties of raising capital by Iamgold president and CEO Steve Letwin at The Northern Miner's Canadian Mining Symposium, which took place at Canada House in London in May 2019. In his trademark plain-spoken style, Steve explains the pre-eminent importance of cash flow to the current market environment and why capital intensive businesses such as junior mi...Read More
Diamond miner Petra Diamonds’ share price on the LSE rose more than 25% on Tuesday after CEO Richard Duffy assured shareholders that it would not need to raise further equity to refinance its bond.The company’s share price had fallen since it published a trading update for the 2019 financial year and guidance for the 2020 financial year.Advertisement“We are executing our plans an...Read More
The top gainers on the TSXV last week were Mineral Mountain, Meridian Mining, American Manganese, Highland Copper and American Creek.Read full newsRead More
The top gainers on the TSX last week were Northern Dynasty, Oryx Petroleum, Excelsior Mining, Valeura Energy and Treasury Metals.Read full newsRead More
The Fed meeting and U.S.-China trade talks are just two things in focus this weekIt was a choppy start to a busy trading week, as speculators looked ahead to a crowded economic calendar -- which includes this week's Fed meeting -- as well as the latest round of U.S.-China trade talks. And at the start of a jam-packed earnings docket, blue chip Pfizer (PFE) dropped after the pharmaceutical concern...Read More
Chipotle has received tons of analyst love in 2019U.S. stocks are trading mixed before this week's Fed meeting. In the meantime, we're checking out the moves from restaurant names Chipotle Mexican Grill, Inc. (NYSE:CMG), Jack in the Box Inc. (NASDAQ:JACK), and Wendy's Company (NASDAQ:WEN). Here's how the shares of CMG, JACK, and WEN are trading today. Analysts Keep Betting on CMG SharesWall Street...Read More
The European Respiratory Society accepted Pieris' asthma presentationDrugmaker Pieris Pharmaceuticals Inc (NASDAQ:PIRS) is enjoying a huge surge today, after the European Respiratory Society (ERS) accepted the firm's early-stage study of its asthma treatment PRS-060. The company will present to the ERS' International Congress on Oct. 1. PIRS is now eyeing its best day in over two years -- up 24%...Read More
OKTA nabbed a record high earlier today before pulling backEarlier today, Okta Inc (NASDAQ:OKTA) nabbed a fresh record high of $141.85. However, the stock has since pivoted lower, at last check down 6.1% to trade at $132.18, on track for its worst day since March 4. There's reason to believe investors shouldn't fret much about the software stock's sudden downturn though, if history is any guide....Read More
Plus, 24 more stocks that rallied after a Fed rate cutApple Inc. (NASDAQ:AAPL) shares are higher today, in territory not charted since their May highs, as traders gear up for the iPhone maker's highly anticipated earnings report, slated for release after the close tomorrow. What's more, AAPL stock should be on your radar for two more reasons this week:it was one of the best stocks to own after the...Read More
Commander Resources Ltd. (TSXV:CMD) (Read full newsRead More
August is typically an excellent month for NVDANvidia Corporation (NASDAQ:NVDA) is trying to break out, recently taking out its 200-day moving average and now could be set to test the $180-$190 region that's home to the shares' April highs and a bear gap from last November. Just going by seasonal data, it may be wise to think NVDA stock could keep pushing higher in the short term. For instance, th...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 an initial purchase order of $130,000 through a leading Saudi Arabian cellular operator to equip a fleet of emergency response vehicles for a single end-use customer with its UV350, an LTE all-in-one in-vehicle smartphone.Saudi Arabia is the Gulf Cooperation...Read More
U.S.-China trade talks are set to resume tomorrowThe Dow Jones Industrial Average (DJI) is modestly higher at midday, as Wall Street gears up for Wednesday's Fed decision and another week of corporate earnings. While the blue-chip index clings to gains, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are firmly in the red, pulling back from Friday's record highs as tech stocks take a hit. A...Read More
Evercore ISI upgraded NXP Semiconductors to "outperform" from "in line"Dutch tech name NXP Semiconductors N.V. (NASDAQ:NXPI) is getting a boost today, after Evercore ISI upgraded the stock to "outperform" from "in line," and raised its price target to $125 from $110. Evercore's bull note touched on the firm's second-quarter earnings, which are slated for release after the close tonight, with the...Read More
The September 30 call has seen a notable increase in open interestAthletic apparel retailer Under Armour Inc (NYSE:UAA) is trading slightly lower today at $27.12, as options traders gear up for the company's upcoming second-quarter earnings report. Set to debut before the open tomorrow, Tuesday, July 30, the report comes on the heels of UAA's recent multi-month climb up the charts. The retail stoc...Read More
EA stock is lower today on a fresh bear noteElectronic Arts Inc. (NASDAQ:EA) breached its 200-day moving average earlier this month, as concerns over the video game maker's "Apex Legends" update sent the shares spiraling 4.6%. EA stock has only extended this slide -- down 2% today at $87.76, after a price-target cut to $96 from $102 at MKM Partners -- and the options market is bracing for even mor...Read More
DISH stock hit an annual high just last weekLast week, the Department of Justice (DoJ) gave its blessing to the Sprint (S)/T-Mobile (TMUS) merger after DISH Network Corp (NASDAQ:DISH) agreed to buy Sprint's prepaid wireless business and some of the telecom's wireless spectrum. However, Barclays doesn't think the deal will create "major upside" for DISH stakeholders, and downgraded the stock to "un...Read More
Kindred Biosciences will report earnings later this weekVeterinary stock Kindred Biosciences Inc (NASDAQ:KIN) is higher today, after the company announced positive results from a pilot study of KIND-016, used to treat atopic dermatitis in dogs. The equity is eyeing its fourth straight win today, up 8.5% at $7.29, and earnings are just around the corner. The stock's surge comes just days after hit...Read More