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
Dress like a cow, get free foodAs we talked about in a recent Schaeffer's Stock Market Podcast, restaurant stocks have been extremely strong this year, with names like Starbucks (SBUX), McDonald's (MCD), and Chipotle (CMG) hitting fresh highs. But as many media profiles have noted in recent months, one of America's fastest growing restaurant chains (subscription required) isn't even on the public...Read More
The firm's C-Scan performed well in a final studyBiotech stock Check-Cap Ltd (NASDAQ:CHEK) rallied out of the gate this morning, after the firm announced positive final results for its C-Scan test, used to detect precancerous polyps in patients at risk for colon cancer. CHEK stock surged as high as $2.57 earlier, and was last seen up 6% at $2.31. In fact, the equity is set for its first close atop...Read More
The state DMV databases form the bedrock of an unprecedented surveillance infrastructure, allowing federal investigative and immigration agents to scan millions of Americans' faces without their knowledge or consent.Read full newsRead More
The ratings so far have ranged from neutral to bullishEven after online pet supplies retailer Chewy Inc (NYSE:CHWY) logged an eye-opening trading debut on June 14, industry standards require analysts from underwriting firms to wait 25 days until initiating coverage. That quiet period is now over, and a host of analysts have already come forward with ratings.No fewer than nine brokerages initiat...Read More
The brokerage firm cited an "unquantifiable risk" for the blue chipRBC downgraded 3M Co (NYSE:MMM) to "sector perform" from "outperform," and slashed its price target by $31 to $176. The brokerage firm called several guidance cuts in recent quarters "unsettling," and tapped legal issues surrounding PFAS contamination as an "unquantifiable risk."This skepticism toward 3M stock is shared by other me...Read More
Ball's in your court, Mr. Bezos and Mr. MuskSocial Capital Hedosophia Holdings Corp (NYSE:IPOA), a so-called special purchase acquisition company (SPAC) co-founded bytech investor Chamath Palihapitiya, announced that it's merging with Richard Branson's space tourism company Virgin Galactic to bring the latter to public markets. Indeed, the SPAC was originally created to help private companies byp...Read More
All eyes are on Fed Chair Jerome Powell's speech this Wednesday Dow futures are signaling another droptoday, as Wall Street exercises caution ahead of Fed Chair Jerome Powell's Wednesday testimony, with hopes of a rate cut weakened by last week's strong jobs data. In addition, 3M Company (MMM) stock is weighing on the Dow, following an analyst downgrade, and Cisco Systems (CSCO) is lower on big M&...Read More
Acacia Mining on Friday reported a 13% rise in gold reserves at the end of May f...Read full newsRead More
The problematic $30 level could keep the cooler stock frozen until after the early August reportIn the perpetually expanding universe of hipster-friendly initial public offerings (IPOs) -- Uber (UBER), Lyft (LYFT), Beyond Meat (BYND), Slack (WORK) -- the producer of intentionally homely coolers known as Yeti Holdings Inc (NYSE:YETI) is remarkable for any number of reasons. Yeti hasn't been at the...Read More
The strategic partnership announced earlier this year between Venzee and Riversand continues to develop, positioning Venzee to be a major industry disruptor.Venzee announced today that Riversand has advanced its integration with Venzee's Mesh API. Currently, Riversand's integration features automated distribution of product content for clients, complete with two-way communication. Now that it has...Read More
Vancouver, Canada, Voleo Trading Systems Inc. (TRAD: TSX-V) ("Voleo", the "Company"), is pleased to share initial results in user acquisition since initiating Google's Digital Strategy program.Over the course of two weeks, Voleo has executed a series of campaigns using Universal App Campaigns which include Ad Mob, Google Play, Search, Google Display Network and YouTube. Google's use of algorit...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans") is pleased to announce Tamara Mimran, Merchandise Director of the acclaimed Mimran Group Inc., has been appointed to the Board of Directors of Peekaboo Beans.Together with her brother and father, Ms. Mimran manages over ten different licenses world-wide for the Alfred Sung brand. Tamara has also ove...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") a SaaS platform for the intelligent distribution of product information to thousands of retailer connections, is pleased to announce an advanced level of integration with Riversand, a cloud-native Master Data Management (MDM) and Product Information Management (PIM) provider.Earlier this year, Venzee and Riversa...Read More
Investing.com - Gold prices were near flat on Monday in Asia as traders remained cautious ahead of a congressional testimony by Federal Reserve Chairman Jerome Powell later this week.Gold futures for August delivery on the Comex division of the New York Mercantile Exchange were up 0.02% at $1,401.25 a troy ounce by 12:16 AM ET (04:16 GMT).On Friday, the U.S. reported a higher-than-expected rise in...Read More
The Northern Miner presents the top-10, Canada-headquartered mining companies by market capitalization, as of early July 2019.1. NutrienMarket cap: $41.8 billionNutrien (TSX: NTR; NYSE: NTR) is the world's largest provider of crop inputs and services, and produces and distributes over 26 million tonnes of potash, nitrogen and phosphate products each year. In 2018, the company sold 13 million tonne...Read More
Gold was worth about US$1,395 an ounce on the spot market earlier.Mining majors were among the biggest market risers on the FTSE100 in London yesterday, where Rio Tinto (LSE: RIO) and Glencore (LSE: GLEN) both rose about 1.7%.BHP (ASX: BHP) was up about 0.8% in lunchtime Australian trade, while Newmont Goldcorp (NYSE: NEM) had closed down 0.3% yesterday in New York.Barrick Gold (TSX: ABX) gained 0...Read More
Consultancy Levin Sources has recently launched a new service that will help smaller enterprises navigate the - sometimes - tricky pathway to ensuring their products are sustainable and ethically sourced. The new service, Responsible Sourcing for Small Jewellers, provides a step-by-step bespoke method to small business owners in the jewelry space, assisting them with everything from assessi...Read More
The diamond cutting, polishing and marketing division of Alrosa traveled to New York in June to hold an auction of polished diamonds. Alrosa, which with more than 43 million carats mined in the Russian Federation in 2018 is the undisputed largest, single source diamond miner in the world, sold 20 polished diamonds with total weight of 140.4 carats. Among these were eight colorless and 12 fancy col...Read More
The May edition of Forbes Afrique, the French-language version of the influential economic periodical that focuses specifically on African affairs, has listed Marie-Chantal Kaninda, Executive Director of the World Diamond Council (WDC), as one the continent's 100 most influential women. "With this fifth edition of Africa's 100 Most Influential Women ranking, the presence of African women...Read More
De Beers said on Monday it had launched a three-year partnership with Women in Engineering (WomEng), consumer goods company Unilever and professional services firm EY to develop the next generation of highly skilled female engineers. De Beers is investing US$315,000 over three years in programs that encourage young women to study science, technology, engineering and mathematics (Stem) subjects and...Read More