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

BUD stock could hit a new high in today's tradingThe shares of Anheuser-Busch Inbev NV (NYSE:BUD) are up 1.4% in electronic trading, set to open a chip-shot away from Thursday's earnings-induced annual high of $102.70. BofA-Merrill Lynch upgraded the brewer to "buy" from "neutral," with the analyst in coverage praising the company's macro environment and reasonable valuation. Today's positive p...Read More

GILD is clinging to a 6% year-to-date leadShares of drugmaker Gilead Sciences, Inc. (NASDAQ:GILD) are up 1.5% in pre-market trading, after the stock received an upgrade to "top pick" from "outperform" out of RBC. The brokerage firm cited new leadership as one reason for its bullish view on GILD stock. Overall, analysts have been extremely optimistic toward the security, with 14 of 19 covering fir...Read More

Investors expect a Fed rate cut on WednesdayWith the Fed meeting right around the corner, Dow Jones Industrial Average (DJI) futures are hovering cautiously atop breakeven. Wall Street is expecting the Fed to cut its benchmark lending rate by 25 basis points this Wednesday, despite recent economic growth and positive unemployment data.However, blue chip Pfizer (PFE) is keeping the Dow's early gain...Read More

This marks the first "sell" rating for PYPL stockPayPal Holdings Inc (NASDAQ:PYPL) shares have gained over 37% in 2019 and hit an all-time high of $121.48 last week before a disappointing earnings update sparked a small bear gap for the payments stock. More specifically, the company issued a downbeat sales outlook for the rest of the year, which is one reason Guggenheim just came in and downgraded...Read More

CBD is one of the most popular trends in the cannabis industry, but will the FDA's disapproval pose a significant problem for the up-and-coming cannabinoid?As it stands now, CBD is showing remarkable strength with a CAGR of 107%, growing to $23.7 billion through 2023. [1] However, as of last week, the FDA is cracking down on CBD companies such as Curaleaf Holdings (CSE: CURA | OTCQX: CURLF) over h...Read More

Look for S&P price action to be "Fed dependent" in the immediate wake of the July 31 policy decision"Do not be surprised if round numbers like SPX 3,000 and Dow Jones 27,000 act as barriers in the short term. For what it's worth, SPX 3,008 is around 20% above the 2018 close, and could act in concert with SPX 3,000 as resistance. There was evidence of this resistance on Wednesday and Thursday, as t...Read More

Gold miner Newcrest Mining Ltd said on Thursday its gold output rose 4.2% in the...Read full newsRead More

Scientists have discovered a pair of white dwarfs that might one day produce a major gravitational wave discovery, according to a new paper.Read full newsRead More

Should investors panic over IWM underperformance?The following is a reprint of the market commentary from the August 2019 edition of The Option Advisor, published on July 26. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.If you've been following the stock market's rebound rally from its early June lows, then it's...Read More

Metal Tiger has agreed to invest A$500,000 for 15% of Cobre, and a further $2 million as part of an initial public offering, to be completed in the next 12 months.Read More

Drilling within the defined resource envelope at South Ayawilca intercepted thick zones of zinc mineralisation at higher than expected grades and almost double the average grade of the zinc resource. Drilling also intercepted a weakly-mineralised limestone layer which supports the company's thesis of possible limestone-hosted zinc mineralisation under the existing resource.South Ayawilca drilling...Read More

Avraham Eshed, a veteran Israeli diamond manufacturer, was named an Israel Diamond Industry Dignitary for the year 2019. The biennial Israel Diamond Industry Dignitary Awards aim to recognize and honor those men and women who have advanced and promoted Israel's diamond industry, at home and abroad. Eshed, who is both a manufacturer of large diamonds and high-value colored gemstones, follows i...Read More

The Angolan government hopes that the return of licenses to more than 200 companies and semi-industrial diamond mining cooperatives in seven provinces of Angola will allow for the creation of at least 20,000 jobs, Andr?? (C) Buta , the national director of Mineral Resources said.Buta, who spoke at the end of the delivery of 31 of the 81 licenses for semi-industrial exploration planned for Lunda No...Read More

The Jewelers Board of Trade (JBT) said in ia recent report that in the second quarter of the year, 185 jewelry businesses had ceased operations, constituting a 21 percent drop compared to the second quarter of 2018. Among those 185 closures, 135 were retailers and 36 wholesalers and 14 jewelry manufacturers.  In general, the rate of companies closing is slowing down. JBT noted that at the end...Read More

Jewelry designers and manufacturers Alex and Ani LLC is suing Bank of America Corp. for more than $1 billion in damages and alleging discrimination. The female-led company argues that the bank fraudulently declared it in default of a $50 million line of credit last year and that it consequently is driving the jewelry firm toward bankruptcy. Bloomberg noted that this development is a "stark turnar...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumGEM analysed 194 mine development projects undertaken between 1994 and 2014 and found coal projects had the biggest overruns at 32% followed by gold at 31% and copper at 28%. In addition to cost overruns, the study found development time also overran by an average of eight months."These are associated to a mix of variabl...Read More

Joint venture partner and operator Newcrest Mining reported results from 2,800m of drilling, which extended Greatland's HAD006 from 838m to 1,216m and added two new holes, HAD010 and HAD011 had intersected high-grade mineralisation at depth.Highlights included 12m at 3.1g/t gold and 0.08% copper from 1,071m, and 52m at 7g/t gold and 0.17% copper from 1,122m, including 17m at 21g/t and 0.39% f...Read More

Look beyond market approach to project valuations: van ZylLeadershipThickened tailings deposition for closureSPONSOREDsrk consultingAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsMetal Tiger has agreed to invest A$500,000 for 15% of Cobre, and a further $2 million as p...Read More

Where are zinc prices headed? It's a question that brings distinctly different opinions and forecasts from the bullish and bearish camps.While zinc's macro-fundamentals could arguably support more robust prices, the metal's price has languished since its decade-high rally to US$1.63 per lb. (US$3,595 per tonne) in early 2018, and has struggled to break above US$1.36 per lb., or US$3,000 per tonne....Read More

Several years after its discovery, Tinka Resources (TSXV: TK) has delivered a preliminary economic assessment (PEA) on the zinc sulphide deposit at its wholly owned Ayawilca project, 200 km northeast of Lima in central Peru.The PEA tables a US$363-million after-tax net present value (NPV), with an 8% discount rate, and a 27.1% after-tax internal rate of return on the zinc sulphide deposit, along w...Read More