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 is comfortably above two formerly supportive trendlinesJust two days after weighing in on rival Facebook (FB), Moffett Nathanson is now taking aim at Twitter Inc (NYSE:TWTR), cutting its price target to $25 from $28 on concerns the company isn't spending enough on security. But even though TWTR shares have dipped 2.7% out of the gate to trade at $36.44, they're still holding above a few ke...Read More
The company's key pipeline drug failed to meet its primary goals in a late-stage studySavara Inc (NASDAQ:SVRA) stock is spiraling this morning -- down 75.4% at $2.60, tagging a record low of $2.55 out of the gate. This plunge comes after the Texas-based pharmaceuticals firm said Molgradex, its key pipeline drug to treat rare lung disorder autoimmune pulmonary alveolar proteinosis, failed to meet i...Read More
The firm reported an earnings beat and hiked its guidanceThe shares of athleisure giant Lululemon Athletica Inc (NASDAQ:LULU) just hit a brand new all-time high of $182.89 today, after the firm's first-quarter earnings and revenue came in above analysts' estimates. Lululemon lifted its full-year guidance, too, and plans to double its online revenue during the next four years. LULU stock has surged...Read More
BA options can be had at a bargainThe shares of Boeing Co (NYSE:BA) are up 0.2% to trade at $347.68 this morning, after Berenberg trimmed its price target to $415 from $430. Regardless, the brokerage firm does see the aerospace giant able to maintain the same 737 Max production rate through the end of the year. Since the fatal 737 Max 8 crash in mid-March, Boeing stock has been carving out a c...Read More
Delphi stock has struggled over the long termAuto parts manufacturer Delphi Technologies PLC (NYSE:DLPH) is off to a great start this morning, last seen up 0.2% at $17.83, after receiving a fresh bull note from Goldman Sachs. The brokerage firm handed out an upgrade to "buy" from "neutral," but issued a price-target cut to $24 -- still a 35% premium to Wednesday's close. An analyst at Goldman sai...Read More
Stocks will try to snap out of their recent slumpFutures on the Dow Jones Industrial Average (DJI) are trading above fair value, as stocks try to snap a two-day losing streak. Oil prices are also rebounding, with July crude futures last seen 4.1% higher at $53.21 per barrel, due to reports of tanker attacks in the Gulf of Oman. Traders will be monitoring this morning's jobless claims update, too,...Read More
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
This prestigious trophy is awarded to mining producers with an exemplary accident prevention recordMONTREAL, June 10, 2019 /CNW/ - MONARCH GOLD CORPORATION ...Read full newsRead More
The "Deep State" powers at work could threaten the very backbone of American democracy.A new book may have Washington -- and Wall Street -- squirming in the hot seat.According to the newly-released publication, the dangers to the wealth and well-beings of good, hard-working Americans are now greater than ever!Written by a Washington insider since 1970, this book details how the author believes Ame...Read More
The best part? It's risk-free. In an explosive report a former Lehman Brothers executive reveals one of Wall Street's most closely guarded investing secrets.The secret?A proven system for turning small sums of cash into vast windfalls of profits-without risking a penny in the stock market.Essentially, this system uses the latest advances in computer science and financial technology to give inve...Read More
Adults are more and more in favor of the decriminalization of cannabis. And they don't want the plant's use legalized because they want to get high, rather most simply want a more natural way to combat pain or depression.Read full newsRead More
The following is an edited release from the International Copper Study Group (ICSG) showing preliminary data for world copper supply and demand for February 2019. For more detailed information, visit www.icsg.org.Preliminary data indicates that world copper mine production declined 1.8% in the first two months of 2019, with concentrate production declining 1.3% and solvent extraction-electrowinni...Read More
The demise follows Symbol starting operations at the 60%-owned Macy mine in mid-2018 and making its first shipment of a DSO zinc product in December.Read More
In a blog toward the upcoming Intersessional of the Kimberley Process in Mumbai, World Diamond Council (WDC) president Stephane Fischler expressed his concern that the "stakes are not equally high along the value chain. While in many of the mining regions and in a number of the processing centers diamonds are a primary source of income and community development, in the countries where polished dia...Read More
Alrosa, the world's leading diamond miner in volume, held an exclusive tender of polished diamonds in Israel. The tendered diamonds were all cut and polished by Alrosa's own manufacturing plants that operate under the supervision of the company's cutting division, DIAMONDS ALROSA, which also organized the tender. In Israel, the company sold 14 polished diamonds at a total weight of...Read More
GJEPC Chairman Pramod Agrawal spoke at the opening of the India Silver & Fashion Jewellery Buyer Seller Meet (BSM), in the pink city of Jaipur in Rajasthan, addressing some of India's gem and jewelry most pressing issues . He reported that the GJEPC had been talking with the Indian government to address major banking issues affecting the gem and jewelry industry. Among the topics raised...Read More
When you picture yourself in your golden years, are you lying on a beach, hitting golf balls, or working behind a desk? For a lot of soon-to-be retirees, the office will be where they spend most of their golden years. Working in retirement not only gives you the opportunity to earn more money, but you can maintain structure in your days and keep your social connections alive. But working in retire...Read More
GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) received the permits needed to build its flagship Madaouela project in Niger three years ago, but lagging uranium prices have kept development in check.In the meantime, the Vancouver-based junior has been optimizing the project as part of a definitive feasibility study, talking with potential off-takers and financiers, and putting together a framework agre...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 landscapeSPONSOREDatricoThe rapid onset of battery-storage applications, greater use of renewable energy sources and widespread adoption of electrified transport is critical...Read More
There are two undeniable trends in investing now: big data and big cannabis.Companies like Google, Facebook, and Yext have made fortunes by sifting through and mining our data.Cannabis companies like Canopy Growth and Aurora have returned thousands of percent to investors over the last few years.So, it was only a matter of time before the two sectors came together...That's why I sat down with Ed K...Read More