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

Twilio options are attractively priced at the moment, tooWhen we last checked in with Twilio Inc (NYSE:TWLO), the cloud stock was flashing a bullish seasonality signal. Now, two weeks later, TWLO has pulled back to two bullish trendlines. If history is any indicator, these pullbacks could precede big runs up the charts.More specifically, Twilio stock is now within 2% of its 80-day moving average....Read More

Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More

Lyft stock has been outperforming since its mid-May lowsShares of ride-hailing service LYFT Inc (NASDAQ:LYFT) are sliding this afternoon, last seen down 3.7% at $63.27. Guiding the plunge is an earlier initiationby Monness Crespi Hardt with a "neutral" rating. The newly public stock has seen a myriad of analyst coverage since its trading debut on March 29. As of Friday's close, 27 analysts were...Read More

The semiconductor sector is a big winner from the U.S.-China trade truceThe Dow Jones Industrial Average (DJI) is enjoying outsized gains today, as Wall Street reacts to a U.S.-China trade truce. Fresh off its best month in years, the blue-chip index neared new highs earlier, but lost steam after data from the Institute for Supply Management showed U.S. manufacturing grew in June at the slowest pa...Read More

MA has performed great during this time of yearWe've already discussed Visa (V) and its historical outperformance in the coming months, but rival Mastercard Inc (NYSE:MA) has also done extremely well in both July and the entire third quarter over the past decade. For July, MA shares have averaged a 4.9% gain during the past 10 years, and they've closed the month positive each time. The average gai...Read More

Rick Rule interviews Leigh Curyer, president and CEO of NexGen Energy Ltd., about the company's uranium exploration assets in the Athabasca Basin in Saskatchewan, Canada - specifically its Arrow Deposit. Curyer describes the Arrow Deposit as the best uranium asset in the world from both a technical perspective and an economic perspective. What makes the ...Read full newsRead More

AMD and MU have seen unusually heavy options activity in recent weeksThe Nasdaq is outperforming in today's broad-market rally, with chip stocks leading the charge on a U.S.-China trade truce, which includes reducing sanctions on Chinese tech firm Huawei. Two names in particular making notable moves are Advanced Micro Devices, Inc. (NASDAQ:AMD) and Micron Technology, Inc. (NASDAQ:MU), and options...Read More

The firm just announced positive results for its Spinraza treatment todayThe shares of Biogen Inc (NASDAQ:BIIB) are up 0.9% at $236 after the firm said its spinal muscular atrophy treatment Spinraza was well tolerated in patients with the disease, with many seeing "unprecedented" motor milestones. The study also reported that 100% of children who participated were able to sit without assistance an...Read More

The S&P's rolling six-month return briefly exceeded 20% in late JuneThe April-June gains in the S&P 500 Index (SPX) weren't quite as "runaway" as those collected in the first calendar quarter of 2019, but the June snapback in the equities market -- which completely erased May's rout -- was sufficient to deliver a second consecutive positive quarter for stocks. What's more, on the heels of its earl...Read More

The weather in 2019 could be raining on Brunswick's businessThe U.S. has experienced historic levels of rainfall in 2019, and some on Wall Street see this as bad news for the boating business. Brokerage firm RBC this morning downgraded boat producer Brunswick Corporation (NYSE:BC) to "sector perform" from "outperform," and lowered its price target to $47 from $55. The analyst note said that dealer...Read More

The easing of U.S.-China trade tensions are also fueling upside todayIt was a big weekend for Applied Materials, Inc. (NASDAQ:AMAT). First, the semiconductor name got a boost from the U.S.-China trade truce --more specifically -- the easing of U.S. restrictions on Chinese tech giant Huawei. Then, Applied Materials inked a deal to buy Japanese chipmaker Kokusai Electric for $2.2 billion. The deal b...Read More

WYNN has been recovering from its early June lowsCasino giant Wynn Resorts, Limited (NASDAQ:WYNN) is moving higheralongside its sector peers this morning, seeing a lift after Chinese territory Macau reported a 5.9% year-over-year rise in gambling revenue for the month of June, more than analysts were expecting. WYNN was last seen up 5% in electronic trading, as traders brush off a price-target cu...Read More

The U.S. and China struck a positive tone on trade after G-20 talks between Trump and XiA warm reception to this weekend's trade talks between U.S. President Donald Trump and China's President Xi Jinping on the sidelines of the G-20 meeting has Dow futures surging more than 200 points above fair value. The two nations decided they would hold off on imposing new tariffs in favor of moving forward w...Read More

Goldman Sachs cut its rating on ZM to "sell"Goldman Sachs downgraded Zoom Video Communications Inc (NASDAQ:ZM) to "sell" from "neutral," with analyst Heather Bellini saying the video conferencing's long-term potential is already priced in. However, given ZM stock's impressive run since its mid-April trading debut, the brokerage firm upped its price target to $66 from $53 -- still a major discount...Read More

The equities market was primed for a positive shock to the system after the G-20 meeting "The breakdown in Sino-U.S. talks and the latest targeting of Chinese companies by the White House has economists at investment banks increasingly pessimistic about the long-term outlook. Goldman Sachs Group Inc., Nomura Holdings Inc., and JPMorgan Chase and Co. are among those pricing-in a greater chance of a...Read More

TORONTO, June 28, Jun 28, 2019 (GLOBE NEWSWIRE via COMTEX) -- NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED...Read full newsRead More

Section 232 of the Trade Expansion Act of 1962 or commonly referred to as "s232" has been under investigation over the past 18 months. The DOC provided its recommendation to the White House in April of this year and a final decision will be made by President Trump by July 13, 2019.To give some background, in January 2018, a Section 232 Petition was filed by Energy Fuels and Ur Energy. The two US-b...Read More

SSR Mining (TSX: SSRM; NASDAQ: SSRM) is acquiring from Newmont Goldcorp (TSX: NGT; NYSE: NEM) and Fairmile Gold Mining two past-producing operations to the south of its Marigold mine in Nevada for US$22 million and a 0.5% net smelter return royalty to Newmont on each of the properties.The 89-sq.-km land package includes the Trenton Canyon property immediately to the south and along trend from Mari...Read More

The company raised A$4.5 million at 4c to complete its recapitalisation via an oversubscribed issue, and started trading at a peak 4.6c before easing to 4.3c after around 1.2 million shares were sold this morning. By afternoon it was back to 4c, giving an estimated market capitalisation of $2.5 million. The company, from the stable of Queensland resources executive and Nickel Mines chair...Read More

Like in previous months, price developments in rounds remain few and sporadic with mixed trends and especially in sizes under a carat rather subdued. The important 1.00-1.25 carat group, a significant market gauge, remained very stable, with only a couple of categories showing some growth. As during previous months, categories above two carats continue to show increased volatility compared to...Read More