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

Greenland shines brightly in the rare earth spotlightSPONSOREDgreenland mineralsBlack Rock readies for race to graphite productionSPONSOREDblack rock miningE25 powering towards Butcherbird PFSSPONSOREDelement 25'When top miners commit to an aspiration, that does trickle down'SPONSOREDdeloitteI recall noting the "end of times" comments last year when it was suggested by some dopey academics...Read More

The Northern Miner has compiled a list of the top-10 diamond companies with headquarters in Canada, ordered by market capitalization, as of early July 2019.1. Lucara Diamond Market cap: $623 millionLucara Diamond (TSX: LUC) is part of the Lundin Group of companies and owns the Karowe diamond mine, in Botswana, which has produced since 2012, and is one of the world's foremost producers of large, h...Read More

In June The Northern Miner and its sister publication, Diamonds in Canada, hosted the second annual Diamonds in Canada Symposium at the TMX Broadcast Centre in Toronto. The event brings together investors and industry players interested in diamond exploration and mining.Attendees at this year's event heard from four featured speakers: Reena Ahluwalia, jewellery designer, artist and professor; Leon...Read More

Jerome Powell chummed the seawater this morning. And the voracious sharks rose to the bait… In written testimony to Congress, Mr. Powell informed us that:Crosscurrents have reemerged. Many FOMC participants saw that the case for a somewhat more accommodative monetary policy had strengthened. Since [the Fed meeting in June], based on incoming data and other developments, it appears that unce...Read More

The media has been all-too-giddy to declare the precious Dow Jones is back at record highs. While technically true, there is a different context now than when it last made new highs in 2018 - after which the Dow immediately fell some 5,000 points. Remember?Now look again with a safe haven in the mix. Here's that same Dow Jones chart with the Dow Jones Utility Index, a traditional safe haven, thr...Read More

There is now a very small section of traders and investors who believe that interest rates may not be cut in end July FOMC meet. Federal Reserve chairman's testimony will clarify on the interest rate cycle. In my view interest rates will be cut this month by 0.25% or something lower as a token and thereafter it can be long pause. Incoming US economic data releases will also determine the interes...Read More

There is now a very small section of traders and investors who believe that interest rates may not be cut in end July FOMC meet. Federal Reserve chairman's testimony will clarify on the interest rate cycle. In my view interest rates will be cut this month by 0.25% or something lower as a token and thereafter it can be long pause. Incoming US economic data releases will also determine the interes...Read More

The Nasdaq and S&P kept their heads above water, thoughThe Dow spent the entire session in negative territory, pressured by sharp losses for newly downgraded Post-it maker 3M (MMM), ending lower for a third straight day. Anxiety continued to build ahead of Fed Chair Jerome Powell's appearance in front of the House Financial Services Committee tomorrow, while the minutes from the Fed's June meeting...Read More

J.P. Morgan Securities downgraded the shares to "underweight"The hotel name Ryman Hospitality Properties Inc (NYSE:RHP) is eyeing its worst day since December, down 3.6% at $77.79, on a downgrade from J.P. Morgan Securities. The analyst -- which said they're exercising caution on U.S. lodging companies, given the industry's recent trends and share performance -- cut their rating to "underweight" f...Read More

Cohu said U.S. restrictions on Huawei is hurting its customers' businessCohu, Inc. (NASDAQ:COHU) stock hit a two-year low of $13.86 earlier, and was last seen down 5% at $14.31. The California-based semiconductor testing firm said last night that recent U.S. restrictions on Chinese tech firm Huawei is hurting its customers' business, and the company will implement a temporary salary reduction prog...Read More

SIRIOS RESOURCES INC. (TSXV:SOI) is pleased to announce the start of a first phase exploration program on its gold properties; Amikap, Goldorak and 39. Sirios' geological team will begin prospecting work this week on these three properties acquired less than a year ago, located in the Eeyou Istchee territory, James Bay, Quebec.Read full newsRead More

Netflix analysts are cheering season 3 of "Stranger Things"U.S. stocks are pacing for a third straight day in the red. In the meantime, Netflix, Inc. (NASDAQ:NFLX) is gaining on "Stranger Things" buzz, chipmaker Advanced Micro Devices, Inc. (NASDAQ:AMD) has jumped after a bull note, and cosmetics concern e.l.f. Beauty Inc (NYSE:ELF) just got upgraded. Below we'll briefly dig into the shares of NFL...Read More

"The negative catalysts have mostly played out," Raymond James saidSquare Inc (NYSE:SQ) shares are in rally mode today, thanks to some upbeat analyst attention. Raymond James upgraded SQ stock to "market perform" from "underperform," saying "the negative catalysts have mostly played out." As such, Square shares were last seen 6.4% higher at $78.11, and option bulls are betting on more upside.SQ st...Read More

Maybe the second quarter earnings season wall of worry is one investors should hold off on scaling for now...Read full newsRead More

This impression was not lost on investors.Read full newsRead More

A huge number of options players are buying Infosys puts before this Friday's earnings reportIndia-based tech concern Infosys Ltd (NYSE:INFY) is set to report its first-quarter earnings before the open this Friday, July 12, and options traders are already flocking to the stock. Over 4,300 puts have crossed the tape, which is 257 times what's typically seen at this point. While calls are trailing...Read More

Traders will dissect Powell's comments for rate-cut cluesThe Dow Jones Industrial Average (DJI) is barreling toward itsthird straight loss, as Wall Street's risk-off mentality endures. Fed Chair Jerome Powell's scheduled testimony in front of the House Financial Services Committee begins tomorrow, where clues about interest rate policy ahead of this month's Fed meeting will be eagerly digested. I...Read More

Shorts may be hedging their bearish bets with call optionsBed Bath & Beyond Inc. (NASDAQ:BBBY) has been relatively quiet on the charts over the past month, per the stock's 30-day historical volatility of 30.6% -- in the tame 22nd annual percentile. However, that could all change once the retailer steps into the earnings confessional after the close tomorrow, July 10, considering BBBY stock has a h...Read More

DRI has been climbing the charts over the long termOlive Garden parent Darden Restaurants, Inc. (NYSE:DRI) has been a long-term winner on the charts, and is already up 24% year-to-date. Although the stock suffered an initial post-earnings dip in late June, the stock quickly recovered with help from the rising 10-month moving average. The equity then broke out above a trendline connecting lower hig...Read More

The president is expected to shake up the dialysis marketDialysis concern DaVita Inc (NYSE:DVA) is the worst stock on the S&P 500 Index (SPX) this morning, after Politico said President Donald Trump will announce a shake-up to the kidney care market tomorrow. More specifically, the administration wants to encourage more at-home dialysis treatments and revamp the payment model, sources said. As suc...Read More