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

DIS and TWTR weeklies are popular today, tooTwo names that just popped up on a list of stocks that have seen the most weekly options activity in the past 10 days, according to Schaeffer's Senior Quantitative Analyst Rocky White, are Walt Disney Co (NYSE:DIS) and Twitter Inc (NYSE:TWTR). We'll dig into DIS and TWTR shares to see how traders are positioning themselves. Disney stock is in focus today...Read More

Goldman Sachs and Verizon are among the best blue chips at middayThe Dow Jones Industrial Average (DJI) is trading in positive territory at midday, boosted by strong gains for blue chips Goldman Sachs (GS) and Verizon (VZ). The intraday upside is modest, though, as traders take a cautious stance ahead of this week's G-20 meeting between U.S. President Donald Trump and Chinese leader Xi Jinping. An...Read More

AeroViroment is slated to release its second-quarter earnings after the close tomorrow Government aircraft manufacturer AeroViroment Inc (NASDAQ:AVAV) is trading slightly lower ahead of its second-quarter earnings report, slated for release after the close tomorrow, June 25. The stock has suffered on the charts since a post-earnings surge in early March had AVAV touching three-month highs. Since...Read More

Puts have been hot on outperforming DNKN latelyShares of donut and coffee chain Dunkin Brands Group Inc (NASDAQ:DNKN) are up 3% at $81.92 this morning, fresh off an out-of-the-gate record high of $83.22, after scoring an impressive bull note from Wedbush. Specifically, the analyst handed over an upgrade to "outperform" from "neutral," and hiked their price target on DNKN stock to $92 from $76....Read More

Hostess Brands just received its third bull note this monthHostess Brands Inc (NASDAQ:TWNK) is trading up 1.7% this morning at $14.13, following yet another bull note for the packaged food concern. UBS upgraded its opinion to "buy" from "hold" and lifted its price target to $17 from $14, representing the third positive analyst update this month for Hostess Brands. TWNK stock briefly topped $17 bac...Read More

Axalta's chairman of the board just stepped down from his position The shares of Axalta Coating Systems Ltd (NYSE:AXTA) are eyeing their fifth straight win -- the longest the stock has seen in months -- after the coating company announced Chairman Charlie Shaver has resigned. Shaver will be replaced by Mark Garrett, currently the independent presiding director. A Bloomberg report on Saturday sugge...Read More

The brokerage firm downgraded SPOT, and slashed its price targetSpotify Technology SA (NYSE:SPOT) is trading lower this morning after a bruising bear note from Evercore ISI. The brokerage firm downgraded SPOT stock to "underperform" from "in line," and slashed its price target by $15 to $110 -- a nearly 26% discount to last night's close -- saying it doesn't see any way the music streaming service...Read More

DE is fresh off its fifth straight weekly winThe shares of Deere & Company (NYSE:DE) are up 1.2% in electronic trading this morning, after a big upgrade from Jefferies. The brokerage firm raised its rating on Deere stock to "buy" from "hold," while goosing its price target up to $190 from $150, record-high territory. The analyst in coverage sees higher prices and incomes on the horizon now, thank...Read More

Traders could be taking a wait-and-see approach todayFollowing another weekly win, U.S. stock futures are trading cautiously above fair value this morning ahead of what could be a somewhat quiet day on Wall Street. Grabbing headlines is the growing conflict between the U.S. and Iran, with the Trump administration set to place additional sanctions on the Middle Eastern nation today. Investors also...Read More

If this bullish chart pattern plays out, it could take skittish fund managers by surprise"A full-fledged V-rally would push the SPX back to highs in the 2,950 area, but during the next two weeks -- up until June standard options expiration -- the SPY must first overcome peak call open interest at the 290 strike, which is equivalent to SPX 2,900. Many of the SPY 290-strike calls were bought to open...Read More

All production vehicles are hooked up to a private 4G network for Newcrest Mining.Read full newsRead More

Peninsula Energy Ltd (ASX:PEN) could benefit from President Trump's steps to protect domestic production of uranium following the US Department of Commerce's finding that the nation's reliance on imports was a national security risk.The company holds the largest defined uranium resource of any currently producing project in the US at its Lance Uranium Projects in Wyoming, US.Peninsula has a produc...Read More

Barminco will work on the C$397 million Khoemacau "starter project" that involves underground mining of sulphide ores.Read More

Reuters reported this week that "a long-running criminal probe into diamond sales by Italian banks has uncovered what prosecutors say is further evidence of corruption by officials at UniCredit, Italy's largest lender, and smaller rival Banco BPM." Reuters wrote that "Italy's biggest banks are suspected of colluding with diamond brokers to scam their own customers ???,?" allegedly sellin...Read More

India, as the KP Chair for 2019, successfully hosted the KP Intersessional meeting in Mumbai. The meeting which started on 17th June concluded today, 21st June 2019. The KPCS is an international mechanism mandated by UN to reduce the flow of conflict diamonds which were being used to finance wars against legitimate governments. Mr. Alok Vardhan Chaturvedi, KP Chair and Director General of Foreign...Read More

The Diamond Council of America (DCA), a US accredited school that offers jewelers the opportunity to earn professional certifications in diamonds, colored gemstones and fine jewelry sales through distance education, announced that it has received a $25,000 grant from the Gemological Institute of America (GIA) to provide scholarships to DCA graduates to enroll in GIA online distance education cours...Read More

After a marathon twelve-hour auction, Christie's Maharajas & Mughal Magnificence auction achieved $109,271,875 with 93 percent sold by lot and 92 percent sold by value, establishing the highest total for any auction of Indian art and Mughal objects, and the second highest auction total for a private jewelry collection. Sale registrants came from 45 countries across five continents and the...Read More

The fourth edition of the Dubai Diamond Conference (DDC) will take place on September 26, 2019, at the Almas Conference Centre, Almas Tower, Dubai, United Arab Emirates. The one-day conference will gather global industry professionals to discuss the impact of technological innovation on the diamond industry, its supply chain and future prospects. Fluctuating prices and profitability combined with...Read More

Bank Windhoek, Standard Bank Namibia, RMB Namibia and South Africa's Absa Bank are reported to have joined Nedbank Namibia to raise around N$5,6 billion to finance the construction of Debmarine's new vessel, with Debmarine contributing N$1.4 billion. The investment is the biggest in the Namibian mining industry, and the biggest in the world's marine diamond mining sector. De Beers M...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe company said on Thursday a minimal crew would remain at the mine and full operations would resume "once the safety and security of mine personnel and infrastructure" could be assured.Read More