The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
IP has run up to its 200-day trendlineInternational Paper Co (NYSE:IP) is enjoying a breakout day, up 3.6% to trade at $45.71 today after the paper company reported a second-quarter earnings and revenue beat. However, there should some caution surrounding the stock, as it just pulled up to a trendline that has historically bearish implications.More specifically, the equity has run up to resistance...Read More
Ford is having its worst day in yearsStocks are trading lower today in another big day for earnings. Automakers Ford Motor Company (NYSE:F) and Tata Motors Limited (ADR) (NYSE:TTM) are two names trading in the red, while pharmaceutical concern AstraZeneca plc (NYSE:AZN) is in positive territory. Let's take a closer look at the shares of F, TTM, and AZN. Ford Stock Sinks as Restructuring Efforts...Read More
Searchlight Resources Inc. ("Searchlight" or the "Company") (TSXV:SCLT) is pleased to announce that it has entered into an option agreement (theRead full newsRead More
The shares are testing resistance at their 320-day trendlineMorgan Stanley (NYSE:MS) has edged higher in recent weeks, boosted by a positive earnings reactions and dividend excitement following the Fed's annual stress tests. This modest bounce now has the bank shares trading near a trendline that's had bearish implications in the past, which could put them on track to resume their longer-term down...Read More
Paysign's recent plummet put it right back in line with a historically bullish signal The shares of Paysign Inc (NASDAQ:PAYS) have yet to recover from Monday's bear gap, sparked by a downgrade from BTIG.Today, the stock is down 3.7% at $13.26, looking to snap its seven-week win streak with a 24.4% weekly loss so far -- its biggest since 2016. It looks grim for PAYS right now, but there might be a...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to provide an update on the ongoing drilling program on the Hurricane zone at the Larocque East property. Highlights include assay results from drill hole LE19-16A and the intersection of uranium mineralization in drill hole LE19-18C1. The Hurricane zone is located on the Company's 100% owned Larocque East property (the...Read More
Microchip Technology notched an impressive bull gap WednesdaySubscribers to Schaeffer's Expiration Week Countdown options recommendation service just tripled their investmenton the Microchip Technology Inc. (NASDAQ:MCHP) weekly 7/26 90-strike call trade. Below, we'll explain the factors that went into this short-term options trade hitting its expected target, leaving speculators with a big win.We...Read More
Oil prices are rallying, thoughThe Dow Jones Industrial Average (DJI) is headed for back-to-back losses amid a post-earnings slide for Dow (DOW) stock. Boeing (BA) headwinds are also pressuring the blue-chip index, with the stock getting hit with a round of price-target cuts following yesterday's bruising earnings reaction. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also trading lo...Read More
It's going to be a busy week for traders Wall Street is ready to barrel into August with jam-packed economic and earnings calendars. In addition to an onslaught of jobs data -- culminating in the Friday release of July's nonfarm payrolls report -- traders will be watching Wednesday's policy announcement from the Fed, with the market currently pricing in a quarter-point rate cut.Meanwhile, Apple (A...Read More
ALGN and XLNX shares are trading in the red this morningCorporate earnings keep pouring in, and two names making notable moves lower after quarterly reports are teeth straightening expert Align Technology, Inc. (NASDAQ:ALGN) and programmable chip producer Xilinx, Inc. (NASDAQ:XLNX). Here's the data you need to know for the shares of ALGN and XLNX this morning. Align Technology was hit with at lea...Read More
The blue chip announced earnings and revenue that came in ahead of estimates Industrial technology concern 3M Co (NYSE:MMM) is eyeing its fourth consecutive win today, brought on by impressive second-quarter earnings and revenue. Specifically, 3M announced adjusted quarterly profit of $2.20 per share, beating analysts' consensus $2.05 estimate, and revenue that topped expectations at $8.17 billion...Read More
Southwest Airlines stock has managed to move higher this yearEarnings season continues this morning as traders digest a quarterly beat out of Southwest Airlines Co (NYSE:LUV). Specifically, Southwest managed a slight profit despite the global grounding of the Boeing 737 Max planes, while also dishing out a better-than-expected quarterly earnings. Softening the Boeing blow was the company's strong...Read More
Under Armour stock is up 55% this yearThe shares of Under Armour Inc (NYSE:UAA) are up 0.5% to trade at $27.51 today, after Telsey Advisory Group upped its price target on the athletic apparel name to $25 from $22. Now, Under Armour stock is heading toward its third straight win. The shares have carved out a channel of higher highs and lows all year, with recent pullbacks finding support at their...Read More
3M and Facebook both announced impressive quarterly earningsDow Jones Industrial Average (DJI) futures are clinging to slim gains, following yesterday's wild trading -- which included a loss for the Dow and record highs for the Nasdaq and S&P. On the earnings front, Dow component 3M (MMM) unveiled earnings and revenue that topped analysts' estimates, while FAANG name Facebook (FB) also announced w...Read More
The brokerage firm targeted 20% upside for the video game stockBofA-Merrill Lynch upgraded Activision Blizzard, Inc. (NASDAQ:ATVI) stock to "buy" from "neutral," and boosted its price target to $56 from $54 -- a nearly 20% premium to last night's close at $46.86. The brokerage firm said ATVI stock is on the "verge of inflection," and noted its bullish outlook is for the "longer-duration investor."...Read More
Is Highland Gold Mining Limited (LON:HGM) a good dividend stock? How can we tell? Dividend paying companies with...Read full newsRead More
The IPO shares were issued at 35c and last month another $55 million was raised at a price of 40c each. Shares have since hit an all-time high of 58.5c.Read More
The latest highlights included 9.1m at 16.52% zinc-equivalent and 24.9m at 21.09% Zn-eq in the gossan and sulphide lenses respectively, in the North Zone of the LS West Region.The company is now planning an IP survey on an 8km gravity anomaly identified in the LS North and East regions, following the "tremendous success" of correlating drilling results to anticipated mineralisation from IP surveys...Read More
James HyerczykJul 23, 2019 9:00 PM GMTGold futures weakened on Tuesday, pressured by a strong U.S. Dollar that hit its highest level against a basket of currencies since May 31. The greenback was supported by a lower Euro and British Pound.The news that the Trump administration and lawmakers had reached a two-year deal that raises limits on government borrowing to cover spending helped support the...Read More
The first Israel Diamond Week in Shanghai, held July 16-18, ended "on a high note and is expected to become an annual event", the Israel Diamond Exchange (IDE) website reported.. Shanghai Diamond Exchange (SDE) President Qiang Lin hosted a delegation led by IDE President Yoram Dvash. More than 15 prominent Israeli diamond companies as well participated. The event included an Israeli exhibition of...Read More