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
Twitter pulled back to a trendline with bullish implicationsSocial media powerhouse Twitter Inc (NYSE:TWTR) looks to be flashing a noteworthy bull signal, just one day after dropping on a price-target cut out of Moffett Nathanson. Below, we will take a look at how TWTR has been moving on the charts, and why now looks to be the perfect time to jump on the tech name's next surge higher.Per data fr...Read More
ALGN options are a bargain right now tooThe shares of Align Technology, Inc. (NASDAQ:ALGN) are down 0.7% to trade at $309 today, after the Invisalign parent terminated a development and distribution agreement with Straumann Group. Nevertheless, ALGN is flashing a bullish signal that points to a rally as soon as next week, if history is any indicator. Diving right in, Align Technology stock made...Read More
Broadcom blamed the Huawei export ban for its downwardly revised guidanceStocks are trading modestly lower at midday, as traders digest a revenue warning from Apple supplier Broadcom (AVGO) -- which said full-year revenue will come in $2 billion below its previous estimate on U.S.-China trade headwinds -- and lower-than-expected readings on Chinese industrial output and retail sales for May. At la...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
Maxim also weighed in on HEB sharesAchieve Life Sciences Inc (NASDAQ:ACHV) has had a volatile year on the charts, making several sharp moves in both directions in 2019. Today, the shares are slightly lower, trading at $2.64, despite brokerage firm Maxim beginning coverage with a "buy" rating and $6 price target. Before today, Ladenburg Thalmann was the only firm covering ACHV shares, just raising...Read More
The chipmaker said full-year revenue will be $2 billion less than previously estimatedBroadcom Inc (NASDAQ:AVGO) stock is taking a big hit post-earnings, with the Apple supplier recording fiscal second-quarter revenue of $5.52 billion, less than the $5.68 billion analysts were expecting. What's more, the chipmaker slashed its full-year revenue forecast, citing headwinds from the U.S.-China trade c...Read More
Rosenblatt Securities applauded growing profit marginsMedia giant Comcast Corporation (NASDAQ:CMCSA) is 0.7% higher at $42 this morning, after scoring a fresh "buy" rating and $50 price target from Rosenblatt Securities. The firm cited the company's growing cable profit margins and broadband market share for the catalyst behind the bull note.This type of analyst sentiment is far from unusual for...Read More
Kura said a Phase 2 clinical study for its lymphoma drug met its primary endpoint Drugmaker Kura Oncology Inc (NASDAQ:KURA) just announced that its ongoing Phase 2 clinical trial for its experimental lymphoma drug, tipifarnib, met its primary endpoint today. The cancer researcher said the treatment's results yielded "ongoing anti-tumor activity and a manageable safety profile." KURA shares are hig...Read More
Most analysts are still bullish on RIG, thoughOil-and-gas stocks were in focus yesterday, after the tanker attacks near the Gulf of Oman and the subsequent rise in oil prices. This put drilling issue Transocean Ltd (NYSE:RIG) in the crosshairs yesterday, and even more so today after Citigroup downgraded the stock to "neutral" from "buy" and slashed its price target to $6.70 from $11. In respons...Read More
Broadcom's ugly outlook could weigh on markets todayStocks are set for a weak open this morning, with futures on the Dow Jones Industrial Average (DJI) trading modestly below fair value. Traders continue to monitor tensions between the U.S. and Iran, though oil prices are giving back some of yesterday's gains, with July-dated crude futures down 0.2% at $52.16 per barrel. Meanwhile, semiconductor s...Read More
Today, our Greg Miller is going to explain whyRead full newsRead More
Already legal in 30 states, the tide is turning for medical marijuana.It seems like everyone is looking for a way to make money from the legal marijuana boom...But many don't want to roll the dice and risk their hard-earned money on a penny stock, or spend hours learning how to buy shares of a grower on some Canadian exchange.But there is good news.Marijuana profit-sharing plans are here, and one...Read More
Today, our Greg Miller is going to explain whyRead full newsRead More
What has begun is the dismantling of due process and the systematic expansion of systems that can be mined for data... and no one is safe.Read full newsRead More
Kore is raising the cash for its Sintoukola potash project in Republic of Congo, with pricing of the new shares to be determined by an accelerated bookbuild undertaken today.Kore's CEO Brad Sampson and chairman David Hathorn have indicated they will participate in the fund raising for Sintoukola, as have major shareholders.Kore has completed definitive feasibility work on its Sintoukola's flagship...Read More
Maladministration and misappropria- tion of funds continue to render South Africa’s mining royalties system mostly ineffective, with no one being brought to book.Established to deliver transformation in impoverished, mining-affected communities through the distribution of royalties paid by the mining sector, which is a large fixture in South Africa’s socioeconomic landscape, mining roy...Read More
Lithium's next generationSPONSOREDneo lithiumHot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resourcesFinally, a changed mining tech M&A landscapeSPONSOREDatricoEarlier work in the northern part of the Sharug 2 concession identified a new 1km by 1.4km mineralised epithermal field with rock chips grading up to...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipLithium's next generationSPONSOREDneo lithiumHot Chili secures copper 'super hub' SPONSOREDhot chili limitedThe company in May closed a strategic financing of US$21.5 million (C$28.Read More
Americans owe a record $1.04 trillion in credit card debt, up from less than $854 billion five years ago. That's an average of $6,354 per person, and they're paying 17%, 19%, or more in interest on that balance. If you fall into this group, it's because you spend more than you bring in. So how can you break the habit without taking a vow of poverty? Start by not spending money on things that are u...Read More
Altech ticks boxes on path to production SPONSOREDaltech chemicalsCanada's highest court has dismissed a First Nation application to overturn earlier judgements by the BC supreme and appeal courts that found against the Tsilhqot'in First Nation's argument the province had breached its duty to consult and accommodate in approving an exploration permit."Getting permission to mine in BC may be diffic...Read More