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

BMO had some notable comments for banks ahead of the July Fed meeting With Wall Street still expecting the Fed to cut interest rates at its meeting this month, brokerage firm BMO is considering what that could mean for some of the smaller banks. Specifically, in a note this morning analysts called out regional bank Huntington Bancshares Incorporated (NASDAQ:HBAN), suggesting an easing in monetary...Read More

All three are seeing unusual options volumeAlong with tech titan Apple (AAPL), several other stocks in the sector are lower after negative analyst notes. Of note, Juniper Networks, Inc. (NYSE:JNPR), NetApp Inc. (NASDAQ:NTAP), and F5 Networks, Inc. (NASDAQ:FFIV) stocks are all in the red today, after analysts downgraded the equities to "sell." What's more, the ugly brokerage attention has sparked u...Read More

ROKU is bouncing from a trendline with historically bullish implicationsRoku Inc (NASDAQ:ROKU) pulled back briefly last week following a bearish brokerage note, but bounced from a key technical level. The shares are now approaching the century mark and a recent batch of options bulls are anticipating even more upside for the streaming stock.Taking a quick step back, Roku landed on a list of stoc...Read More

The firm's hemophilia treatment met the main goal of a mid-stage studyThe shares of Catalyst Biosciences Inc (NASDAQ:CBIO) were up in early market trading, after the drugmaker announced its treatment, MarzAA, successfully reduced bleeding episodes in patients with hemophilia during a mid-stage study. However, unlike sector peer Sangamo Therapeutics (SGMO), CBIO stock quickly reversed course to tr...Read More

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...Read full newsRead More

Sangamo Therapeutics' hemophilia drug reported updated positive early-stage resultsTwo biotech names are making a run up the Nasdaq charts this morning. First there's Sangamo Therapeutics Inc (NASDAQ:SGMO), up 10% to trade at $12.53, after the gene therapy specialist reported positive early-stage results for its hemophilia treatment developed with Pfizer (PFE). An analyst at Cowen and Company sai...Read More

AMAT is just below its year-over-year breakeven pointExactly one week after inking a deal with Japanese chipmaker Kokusai Electric, tech stock Applied Materials, Inc. (NASDAQ:AMAT) is suffering a pullback. The catalyst behind this morning's decline looks to be a bear note out D.A. Davidson, specifically a downgrade to "neutral" from "buy" and price-target cut to $45 from $55. The brokerage firm...Read More

Most analysts are already bearish on the stocksJ.P. Morgan Securities upgraded its view on industrial stocks Johnson Controls International PLC (NYSE:JCI) and Lennox International Inc. (NYSE:LII). Let's take a brief look at how the brokerage firm is viewing the shares of JCI and LII. For JCI, the covering analyst Stephen Tusa, more known for his General Electric commentary, raised his rating to "n...Read More

Rosenblatt Securities slapped AAPL with a rare "sell" rating todayRosenblatt Securities downgraded Apple Inc. (NASDAQ:AAPL) to "sell" from "neutral," saying "there is less reward for owning Apple stock," following its recent buyback-related boost. And while it doesn't think the equity is "a short," it does see "fundamental deterioration" in the iPhone maker over the next year. The brokerage firm m...Read More

Apple just got hit with a downgradeDow futures are signaling a lower start this morning, with the index set to extend Friday's drop. A struggling tech sector is weighing on markets, with Apple (AAPL) downgraded to "sell" from "neutral" by Rosenblatt Securities. Traders could also exercise caution ahead of a mid-week speech from Fed Chair Jerome Powell, after last week's impressive jobs report less...Read More

A deep dive into the implications of the S&P's push toward the 3,000 level"It appears that signs of progress on the trade front, or a series of economic reports that suggest trade uncertainty is not weighing on the economy, is what investors are looking for to push the SPX through resistance in the 2,950 area."-- Monday Morning Outlook, July 1, 2019The outcome of the G-20 meeting in Osaka, Japan b...Read More

A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...Read full newsRead More

Australia's OceanaGold Corp said on Thursday that it had stopped trucking a...Read full newsRead More

The Times said Apple could be preparing to transform India into a major production hub than a top producing market...Read full newsRead More

Financier Jamie Levy and mine builder Kerry Knoll have kept busy since selling Pine Point Mining and its zinc project in the Northwest Territories last year to Osisko Metals (TSXV: OM) for $35 million.Through their company Generation Mining (CSE: GENM), the pair have just completed an option deal to acquire a 51% interest in Sibanye-Stillwater's (NYSE: SBGL) Marathon platinum group metals (PGM) de...Read More

Cantex said last month it had a 32-man camp in place with three rigs targeting the massive sulphide zone, as it aims to define "a world-class silver-lead-zinc deposit".A helicopter-borne magnetic survey was due to start this month, in addition to other geophysical surveys already completed, to help determine "the exact location of the massive sulphide mineralisation" beneath glacial till between t...Read More

Gold was a little below US$1,400 an ounce on the spot market at the time of writing, about $1,398/oz, having risen above $1,430/oz last week.Market futures for key global indices were pointing lower and the S&P/ASX200 was down 1% in afternoon trade.However junior Lindian Resources (ASX: LIN) leapt more than 54% after announcing a significant discovery at the Gaoual bauxite project in Guinea.It...Read More

The incidents have the union calling for a suspension of production for at least 24 hours.The 27-year-old miner who died at Baralaba worked for NRW Holdings subsidiary Golding and was an experienced operator. He had worked at Baralaba since December and spent seven years working for Golding at another site. All operations at the mine have been ceased.Golding CEO Geoff Caton said the comp...Read More

Alrosa, the world's leading diamond miner in volume, staged its second auction in Hong Kong this year, earlier this month. Auctioning only "specials," i.e. rough diamonds of weights exceeding 10.8 carat, the company sold 112 diamonds, at a total weight of 1910 carat. Revenue from these sales amounted to $10.3 million. The revenue of Alrosa's two auctions this year exceeded $20 million. F...Read More