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

Apart from the technical, Iranian issue is also contributing to gold's rise. Momentum is bullish for gold and crude oil. Silver has a lot of potential to rise IF it tries to play catch up with gold. China is trying to mediate for a denuclearization of the Korean peninsula. Developments in Korea will not have any effect on gold or currency markets. One should look for signs of profit taking bef...Read More

Gold neared a six year high on Thursday, leaving market watchers debating if the metal will break the US$1400 per ounce level.Read full newsRead More

LOS ANGELES - An alliance of large marijuana businesses had a message for the public Tuesday: We're good corporate citizens. The 45-member Global Cannabis Partnership, which includes Canopy Growth ...Read full newsRead More

The Dow spent most of the session higher before staging a retreatIt was a relatively quiet end to a busy week on Wall Street. The Dow spent most of the session in the black, with help from outperforming energy stocks, and even came within a chip-shot of record highs. However, an eleventh-hour sell-off prevented the blue-chip index from a fifth straight win, and sent the S&P 500 pulling back from...Read More

Fed Chair Jerome Powell hinted at lowered interest rates in the near future It was a triumphant week for stocks, with the Dow within striking distance of new highs, and the S&P 500 hitting a record intraday high. This week's optimism was due, in large part, to dovish comments from Fed Chair Jerome Powell, sending expectations for a July rate cut skyrocketing. The Fed chatter also translated into a...Read More

Overstock.com is going to focus only on blockchain The Dow is flirting with a new all-time high today as energy stock Chevron (CVX) surges alongside oil prices. Two stocks also in the spotlight today are e-tailer Overstock.com Inc (NASDAQ:OSTK) and private prison name CoreCivic Inc (NYSE:CXW). Here's a look at what's moving the shares of OSTK and CXW.OSTK Stock Bounces Back on Blockchain BuzzOST...Read More

Sea's Garena division is expected to launch Call of Duty: Mobile in 3QThe shares of Singapore-based Sea Ltd (NYSE:SE) have tripled in 2019, spiking 6.3% just today to trade at $34.33, earlier hitting an all-time of $34.74. Call traders have been along for the ride, with more than 5,600 long calls initiated during the past 10 days at the International Securities Exchange (ISE), Chicago Board Option...Read More

The attention comes ahead of Micron's upcoming earnings reportMicron Technology, Inc. (NASDAQ:MU) is trading down 3.4% today at $33, after J.P. Morgan Securities slashed its price target on the chip stock to $50 from $64. The brokerage firm said it will take the company "some time to normalize" after the U.S. blacklisting of Chinese telecom Huawei, and expressed concern over tough memory chip pric...Read More

Nexus Gold Corp. (Read full newsRead More

FedEx stock has had a volatile year on the chartsShipping concern FedEx Corporation (NYSE:FDX) is down 0.3% at $167.36 today, as traders look to be gearing up for the company's fourth-quarter earnings report, slated for release after the market closes on Tuesday, June 25. Below we will take a look at how FDX has been faring on the charts, and what the options market is pricing in for the security...Read More

KTOS has been on a dramatic upswing the past few monthsSan Diego-based Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) is moving lower this afternoon, after tying its decade-plus closing high of $22.78 last night. Last seen down 1.5% at $22.44, KTOS' downtrend may be short-lived, per a fresh bull signal flashing on the equity. Below, we will take a look at recent data from Schaeffer's Seni...Read More

Red Pine Exploration Inc. (TSXV:RPX) (Read full newsRead More

Oil prices are higher on lingering U.S.-Iran tensionsAfter a quiet start, the Dow Jones Industrial Average (DJI) is on track for a record close,as energy stock Chevron (CVX) rallies with oil prices. August-dated crude was last seen up 0.7% at $57.48 per barrel, as tensions between the U.S. and Iran linger. In addition, traders are cheering Vice President Mike Pence's comments of "positive signs" o...Read More

SVB Leerink thinks the penny stock could tripleThe shares of Axovant Gene Therapies Ltd (NASDAQ:AXGT) are soaring today, thanks to some upbeat analyst attention. Specifically, SVB Leerink initiated coverage of AXGT stock with an "outperform" rating and $18 price target -- more than three times yesterday's close of $5.79. The analyst called the shares "undervalued," partly due to "market fixation o...Read More

CROX could notch its best day in monthsAfter a strong rise up the charts in 2018, Crocs Inc (NASDAQ:CROX) has fallen off a cliff in 2019. More specifically, the shares initially rallied post-earnings in mid-May, rising to around the $31 mark, but it was all downhill from there, diving to the $24 range in the very next session, before hitting fresh lows of $17.53 yesterday. The shares of the footwe...Read More

The Dow stock has closed higher in the last six sessionsAtlantic Equities downgraded Caterpillar Inc. (NYSE:CAT) to "underweight" from "neutral," citing concerns over a potentially slowing global economy. The brokerage firm said it expects "the shares .. to come under the most pressure and lag the average return we see for our overall coverage." Most analysts are already skeptical of Caterpillar,...Read More

The FDA just gave extended approval for Ocular Therapeutix's post-op eye drugThe shares of Ocular Therapeutix Inc (NASDAQ:OCUL) are making a comeback today, after the drugmaker announced that the Food and Drug Administration (FDA) approved the company's DEXTENZAto treat patients with ocular inflammation following eye surgery. The drug already had approval to treat post-surgery pain in patients. Th...Read More

REGN has had a rough go on the charts long termRegeneron Pharmaceuticals Inc (NASDAQ:REGN) is moving lower this morning, last seen down 0.9% at $317.63, even after the drugmaker revealed positive topline results from a Phase 2 study of its IL-33 antibody in asthma, being developed with Sanofi (SNY). Specifically, the antibody met its main goal of improving of asthma control and its secondary endpo...Read More

June 19, 2019 (ACCESSWIRE via COMTEX) -- TORONTO / ACCESSWIRE / June 19, 2019 / Barrick Gold Corporation GOLD(ABX) (Read full newsRead More

Some traders may be showing caution ahead of next week's G-20 meeting The S&P 500 Index (SPX) could be due to pull back today following a run to fresh highs on Thursday. Futures on the Dow Jones Industrial Average (DJI) and Nasdaq-100 Index (NDX) are below fair value, too, with some traders potentially already turning their focus to next week's big G-20 meeting, where President Donald Trump is exp...Read More