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

SNAP is on track for its fourth consecutive winSnap Inc (NYSE:SNAP) is up 8% at $12.63 this afternoon. While there's no specific catalyst, the social media stock could be benefiting from a broad-market rally, or possibly a round of short covering, considering 7.6% of its float is controlled by bearish bettors. Whatever the reason, options are running hot, with most of the action being driven by bu...Read More

Source: GlobalData Mining Intelligence CenterA new report by GlobalData shows the value of capital raising deals in the metals and mining sector increased from the final quarter last year to over $11 billion in Q1 2019, despite the number of agreements inked falling sharply.GlobalData said overall, the total volume of completed capital raising deals decreased from 378 in Q4 2018 to 273 in Q1 2019,...Read More

Source: GlobalData Mining Intelligence CenterA new report by GlobalData shows the value of capital raising deals in the metals and mining sector increased from the final quarter last year to over $11 billion in Q1 2019, despite the number of agreements inked falling sharply.GlobalData said overall, the total volume of completed capital raising deals decreased from 378 in Q4 2018 to 273 in Q1 2019,...Read More

Plus, Beyond Meat stock is soaring before earningsThe Dow is vying for its best day in months, on hopes for a Fed rate cut and amid easing trade tensions. In the meantime, investors have also been monitoring two other big gainers. Specifically, toymaker Mattel Inc (NASDAQ:MAT) and much buzzed-about Wall Street newcomer Beyond Meat Inc (NASDAQ:BYND). Below, we will dig into into what's driving t...Read More

CVS may not be above its 50-day trendline for longCVS Health Corp (NYSE:CVS) stock has been under pressure for quite some time, but today the shares are rallying after an update from the pharmacy chain. CVS said it's increasing its health hubs to 1,500 stores by the end of 2021, expanding the services offered at each location, as well. This news has the shares trading 3.7% higher at $55.34. Howeve...Read More

Panamanian President-elect Laurentino Cortizo said on Tuesday his incoming government would review a mining contract awarded to a subsidiary of Canada's First Quantum Minerals.While the new government values the security of contracts, "the company has to respect that we have the right as Panamanians to review clause by clause," Cortizo, who takes office on July 1, told reporters.A spokesman for Fi...Read More

Panamanian President-elect Laurentino Cortizo said on Tuesday his incoming government would review a mining contract awarded to a subsidiary of Canada's First Quantum Minerals.While the new government values the security of contracts, "the company has to respect that we have the right as Panamanians to review clause by clause," Cortizo, who takes office on July 1, told reporters.A spokesman for Fi...Read More

Blackrock Gold Corp. (TSXV: BRC) (theRead full newsRead More

Both stocks are running into familiar resistanceThe shares of International Game Technology (NYSE:IGT) have rebounded off their May 29 annual low of $12.49, and fellow casino concern Scientific Games Corp (NASDAQ:SGMS) is pacing for a fifth straight day in the black. However, both IGT and SGMS stocks are running into potential trendline resistance, and history says it may be time to cash in your p...Read More

Adamera Minerals Corp. (TSXV:ADZ, OTC:DDNFF) announces the Washington State Department of Natural Resources (DNR) has granted approval for 16 drill sites on the Goodfoot property on the Lamefoot Trend in Northeast Washington State (See map below).Read full newsRead More

Global economic growth is forecast to ease to a weaker-than-expected 2.6% in 2019 before inching up to 2.7% in 2020, the World Bank says in its June 2019 Global Economic Prospects: Heightened Tensions, Subdued Investment. Global growth in 2019 has been downgraded 0.3 percentage point below previous forecasts, reflecting weaker-than-expected international trade and investment at the start of...Read More

Global economic growth is forecast to ease to a weaker-than-expected 2.6% in 2019 before inching up to 2.7% in 2020, the World Bank says in its June 2019 Global Economic Prospects: Heightened Tensions, Subdued Investment. Global growth in 2019 has been downgraded 0.3 percentage point below previous forecasts, reflecting weaker-than-expected international trade and investment at the start of...Read More

Venezuela has defaulted on a gold swap agreement valued at $750 million with Deutsche Bank AG, prompting the lender to take control of the precious metal which was used as collateral and close out the contract, according to two people with direct knowledge of the matter.As part of a financing agreement signed in 2016, Venezuela received a cash loan from Deutsche Bank and put up 20 tons of gold as...Read More

Loop Capital just upgraded the stock to "buy" from "hold"Streaming giant Netflix, Inc. (NASDAQ:NFLX) has seen a rough past couple of days, as regulatory concerns weighed on FAANG stocks. Plus, at Friday's close, the equity had clocked four straight weeks in the red, and dropped beneath the $340 region yesterday for the first time since early February, ending at $336.63. The shares have recovered s...Read More

Analysts are overwhelmingly bullish on the cancer nameMizuho initiated coverage on Neon Therapeutics Inc (NASDAQ:NTGN) with a "buy" rating and $21 price target -- a 333% premium to last night's close. The brokerage firm said NTGN's low share price is a result of confusion around neoantigens science, which studies a new cancer therapy. LifeSci Capital also chimed in, saying the cancer researcher's...Read More

An unwinding of bearish bets could provide leverage for the shares The shares of Monster Beverage Corp (NASDAQ:MNST) have remained fairly stable amid the recent market volatility, consolidating nicely since an early May bull gap to form a cup and handle formation on the charts. Looking closer, the stock has found support at a 61.8% Fibonacci retracement of its 2018 high and low, suggesting it coul...Read More

Powell said the Fed is ready to "act as appropriate" to support the economyThe Dow Jones Industrial Average (DJI) is red-hot today, up more than 400 points as easing trade worries spark the risk-on session. Dovish comments from Fed Chair Jerome Powell are only fanning the bullish flames, with the head of the central bank earlier saying it's prepared to "act as appropriate" to support economic grow...Read More

Sandspring Resources Ltd. (TSX-V:SSP) came out Tuesday with positive results from a preliminary economic assessment (PEA) on the Toroparu gold project in Guyana.Key highlights of the report include: 4.5moz of production, with 3.64 moz produced in dor?(C) bars, over a 24-year mine life - up from 3.7moz from the prefeasibility study (PFS) released in 2013. The measured and indicated resource has als...Read More

Sandspring Resources Ltd. (TSX-V:SSP) came out Tuesday with positive results from a preliminary economic assessment (PEA) on the Toroparu gold project in Guyana.Key highlights of the report include: 4.5moz of production, with 3.64 moz produced in dor?(C) bars, over a 24-year mine life - up from 3.7moz from the prefeasibility study (PFS) released in 2013. The measured and indicated resource has als...Read More

BTIG issued very bullish notes on UBER and LYFT stocksSifting through this morning's news cycle on Wall Street, a few names stick out. First off, Take-Two Interactive Software, Inc. (NASDAQ:TTWO) just received another positive analyst note, with BMO upgrading its rating to "market perform" from "underperform" and boosting its price target to $110 from $95. The covering analyst called out the video...Read More