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

One equity has quadrupled to all-time highsThe shares of Provention Bio Inc (NASDAQ:PRVB) are at the top of the Nasdaq today, more than quadrupling after the firm reported encouraging data on its diabetes treatment. On the flip side, the shares of Tandem Diabetes Care Inc (NASDAQ:TNDM) are among the worst of the Nasdaq today, even as analysts -- and options traders -- applaud the company's lates...Read More

Goldman Sachs is the best Dow stock at middayThe Dow Jones Industrial Average (DJI) is soaring at midday, with the blue-chip index headed for its sixth straight win -- a feat not accomplished since May 2018. Goldman Sachs (GS) stock is at the top of the Dow at last check, as bond yields rally on President Donald Trump's decision to not impose tariffs on Mexico. Additionally, Trump told CNBC earlie...Read More

ADI and RDFN both received "double upgrades"Two stocks that received notable analyst attention this morning were chipmaker Analog Devices, Inc. (NASDAQ:ADI) and real estate name Redfin Corp (NASDAQ:RDFN). Let's take a quick look at the coverage on ADI and RDFN shares. ADI stock is trading up 4.9% at $105.66, after Goldman Sachs upgraded the security to "buy" from "sell," and moved its price targe...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

Options traders have favored Microsoft calls for weeksMicrosoft Corporation (NASDAQ:MSFT) is up 1% at $132.80 this morning, fresh off a record high of $133.29, after the big tech name revealed its newest Xbox system at the 2019 Electronic Entertainment Expo (E3). Dubbed "Project Scarlett," the console is reportedly four times more powerful than the Xbox One X. The launch -- planned for the 2020 ho...Read More

The brokerage firm initiated coverage with an "underperform" ratingMolson Coors Brewing Co (NYSE:TAP) is down 3.2% at $55.14, after Credit Suisse initiated coverage on the stock own with an "underperform" rating and a $50 price target -- a discount to last Friday's close at $56.97. The brokerage firm said the beer maker faces "significant hurdles in overcoming its portfolio exposure," and that the...Read More

Virtually every analyst in coverage rates CRM a "buy"This morning, it was announced Salesforce.com, Inc. (NYSE:CRM) will purchase fellow cloud name Tableau Software (DATA) for $15.3 billion. The all-stock deal -- CRM's biggest acquisition ever -- should increase revenue by up to $400 million in 2020, the company said. In response to the news, CRM stock is down 3.8% to trade at $155.04 this mornin...Read More

The ride-hailing company is restructuring its C-suite setup The shares of Uber Technologies Inc (NYSE:UBER) are slightly lower this morning, after CEO Dara Khosrowshai announced last Friday in an internal email that the company's Chief Operating Officer Barney Harford and Chief Marketing Officer Rebecca Messina were resigning, as it shakes up its executive structure. The equity is 0.6% higher,...Read More

Traders are also reacting to buzz on the M&A frontThe Dow Jones Industrial Average (DJI) looks set to extend its win streak today, with futures trading well above fair value this morning. Wall Street is cheering news that President Donald Trump will not be placing tariffs on imports from Mexico, after the U.S. struck a deal with the country over the weekend. Automakers are set for a strong session...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

Sibanye-Stillwater said on Wednesday about 3,450 jobs would be lost in the propo...Read full newsRead More

Here's one reason why we could still be in the early innings of last week's rally"In a worst-case scenario, a move down to the SPY 245 strike, or SPX 2,450, remains a possibility into June expiration, as the SPY 245 strike is the last of several heavy put open interest strikes below the market... A move below the 270 and 275 strikes would further increase the possibility of a sharp sell-off by Jun...Read More

Sibanye-Stillwater said on Wednesday about 3,450 jobs would be lost in the propo...Read full newsRead More

When American businessmen Rich Munson and John Adams made their first trip to Guyana as private investors in 1999 and picked up the rights to the 626 sq. km Toroparu gold concession in a remote part of the Upper Puruni River region, the only way they could access the property was by boat or helicopter."There was one helicopter in the country and it was an old, Russian one that Russia had left from...Read More

The company raised US$6.5 million in a placement at $1 per share this month for continuing development at Keno Hill, plus general corporate and working capital purposes. It had raised C$3.Read More

The CNBC network reported earlier this month that Costco had sold a $400,000 diamond ring to a consumer. The choice of the customer to purchase a platinum ring at this price at Costco, a warehouse retailer, is in itself unusual and therefore it made the news. The ring is set with a round brilliant of 10.03 carat, VS1 clarity, I color. "Sales highlights for the quarter included some significant di...Read More

As expected, a vivid purplish-pink, modified emerald-cut diamond with a bubble-gum-color was sold at auction by Christie's in Hong Kong for an extraordinary price, fetching $7.5 million. The 3.4-carat stone, set in a ring by the house of Moussaieff, was auctioned by Christie's Asia in Hong Kong on May 28. The name of the buyer remained undisclosed.  The ring was estimated to sell fo...Read More

Foreign Policy (FP) , an organization that offers  "a different view of foreign policy" and examines "how the moves of government and its officials can influence countries all over the world," published an article about diamonds. "The most wanted diamonds in the world are also the most expensive ones. So, let's check the top most expensive diamonds in the world." FP included the followi...Read More

A friend of mine recently confessed that he'd made a big mistake buying a home with a swimming pool.He said if he had a do-over, he would never have considered a house with a pool in the backyard knowing what he knows now. I asked why, since it seemed to me like a good investment at the time - with his two young boys and daughter - I would have guessed the pool was getting a lot of use. But afte...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 landscapeSPONSOREDatricoConcern China could ban the exports of rare earths elements (REE), especially neodymium and praseodymium used to make permanent magnets, has triggered...Read More