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

It may be time to buy calls on the media stockNews and publishing stock New York Times Co (NYSE:NYT) has been consolidating atop support in the $32 region since rallying to decade-plus highs in March. Specifically, the stock hit a 13-year high of $34.85 on March 18, but has since struggled to overcome this area. However, NYT just flashed a historically bullish signal, suggesting the media stock mi...Read More

VF Corp will report earnings on Wednesday, May 22, before the openSeveral retail names step into the earnings confessional next week, including VF Corp (NYSE:VFC), set to report on Wednesday, May 22, before the open. Ahead of the event, Goldman Sachs initiated coverage on the North Face parent with a "buy" rating and $97 price target, home to its Aug. 10 record high. The analyst in coverage sees...Read More

Retail is hot today, with UAA shares leading the SPX U.S. stocks have overcome early losses, with the Dow Jones Industrial Average (DJI) erasing a triple-digit decline thanks to another round of bullish economic data. Today it's consumer sentiment that's bringing buyers back to the table, with the University of Michigan index jumping to its highest point in 15 years in May. This update has helped...Read More

Canada is giving the country's mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation's life.The project - Climate Change Risk and Adaptation Best Practices for the Mining Sector - was announced Friday by Paul Lefebvre, Parliamentary Secretary t...Read More

Canada is giving the country's mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation's life.The project - Climate Change Risk and Adaptation Best Practices for the Mining Sector - was announced Friday by Paul Lefebvre, Parliamentary Secretary t...Read More

Canada is giving the country's mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation's life.The project - Climate Change Risk and Adaptation Best Practices for the Mining Sector - was announced Friday by Paul Lefebvre, Parliamentary Secretary t...Read More

Canada is giving the country's mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation's life.The project - Climate Change Risk and Adaptation Best Practices for the Mining Sector - was announced Friday by Paul Lefebvre, Parliamentary Secretary t...Read More

Canada is giving the country's mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation's life.The project - Climate Change Risk and Adaptation Best Practices for the Mining Sector - was announced Friday by Paul Lefebvre, Parliamentary Secretary t...Read More

Canada is giving the country's mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation's life.The project - Climate Change Risk and Adaptation Best Practices for the Mining Sector - was announced Friday by Paul Lefebvre, Parliamentary Secretary t...Read More

Brazil's Vale's warning that a tailings dams at its shuttered Gongo Soco mine in Minas Gerais is at risk of rupturing as soon as next week lit a fire under iron ore prices on Friday, sending the steelmaking raw material to a five-year high.The Chinese import price of 62% Fe content ore jumped 2.5% on Wednesday to trade at $101.71 per dry metric tonne, according to data supplied by Fastmarkets MB...Read More

The shares just flashed a bullish signal on the charts, tooThe shares of Foot Locker, Inc. (NYSE:FL) are up 1.6% at $56.36 this morning, after analysts at B. Riley FBR upgraded the retail stock to "buy" from "neutral." The brokerage firm also hiked its price target on FL to $73 from $62, and said the stock's recent pullback creates an attractive entry point for bulls. Further, the analysts waxed o...Read More

Learn how to protect savings and maximize returns by investing in precious metals.Gold Trust would like to announce the newest edition of its guide to precious metals, perfect for anyone hoping to safeguard their investments and retirement!And today, they are giving away a free copy of their Investor's Guide to Precious Metals 2019!Their goal is to help regular investors learn the "pro" secrets...Read More

Most analysts have remained bullish on TTWO and EAThe shares of video game stocks Take-Two Interactive Software, Inc. (NASDAQ:TTWO) and Electronic Arts Inc. (NASDAQ:EA) have been unspectacular in recent months. However, both received upbeat analyst attention this morning, which we'll dig into below. TTWO's analyst note is less ambitious than the one on EA, with BMO upping its price target to $95 f...Read More

China headwinds are likely capping NVDA gains thoughThe shares of Nvidia Corporation (NASDAQ:NVDA) have had an eventful morning. The chipmaker last night reported first-quarter adjusted earnings of 88 cents per share, beating out the forecasted mean of 81 cents per share. Revenue and second-quarter sales guidance also topped estimates, thanks to higher demand for gaming chips. In fact, CEO Jensen...Read More

Zambian President Edgar Lungu. Image from You Tube.Zambian President Edgar Lungu threatened to "divorce" the domestic copper units of Vedanta Resources Plc and Glencore Plc after the companies said they'd curb operations in the southern African nation.The threat marks an escalation in tensions between the mining industry in Africa's second-biggest copper producer and the state, after an increase i...Read More

Zambian President Edgar Lungu. Image from You Tube.Zambian President Edgar Lungu threatened to "divorce" the domestic copper units of Vedanta Resources Plc and Glencore Plc after the companies said they'd curb operations in the southern African nation.The threat marks an escalation in tensions between the mining industry in Africa's second-biggest copper producer and the state, after an increase i...Read More

The company also issued lackluster guidanceChina-based search engine Baidu Inc (NASDAQ:BIDU) stock is plummeting in early trading, after the company announced itsfirst quarterly loss since at least 2005, and issued lackluster sales guidance ahead of a "more challenging market environment." As such, BIDU stock is 14.1% lower at $132.10, in response, trading at new three-year lows. BIDU has now los...Read More

BC Energy, Mines and Petroleum Resources Minister Michelle Mungall marked Mining Month last week by acknowledging that the industry provides 30,000 direct jobs in B.C. and will play a critical role in the global decarbonization effort.Indeed, because of the role it plays in providing the metals and minerals needed for renewable energy and electric cars, mining's hitherto environmentally destructiv...Read More

Michael Willoughby, head of Asia Pacific metals and mining investment banking at JPMorgan Chase & Co., is leaving to join British lender Standard Chartered Plc, people familiar with the matter said.Willoughby has been named co-head of metals and mining for the region at Standard Chartered and will be based in Singapore, the people said, asking not to be identified as the appointment isn't yet publ...Read More

Michael Willoughby, head of Asia Pacific metals and mining investment banking at JPMorgan Chase & Co., is leaving to join British lender Standard Chartered Plc, people familiar with the matter said.Willoughby has been named co-head of metals and mining for the region at Standard Chartered and will be based in Singapore, the people said, asking not to be identified as the appointment isn't yet publ...Read More