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

Hot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resourcesWhite Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corp"It's not regulation that fails, it's [the industry] as engineers and operators"SPONSOREDsrk consultingThe programme will focus on exploration leading...Read More

Minerals Council South Africa facilitated the inclusion of junior-specific provisions in Mining Charter III, gazetted in September last year, says Minerals Council Junior and Emerging Miners’ Desk head Grant Mitchell.He notes that the provisions will assist the stability and growth of the junior and emerging mining space, which has lagged behind that of Australia and Canada.AdvertisementMitc...Read More

Donald Trump wants America back on the moon.And he wants us back before foreign rivals like China beat us to it.That's why the White House is now asking Congress for an additional $1.6 billion to bankroll a manned trip to the Earth's natural satellite by 2024 - four years ahead of the original target date.This funding would come on top of the $21 billion the administration proposed in its FY2020 b...Read More

Today our spirits wallow. And our brow is creased with worry…For we are informed the United States is racing into a "death spiral" of debt.That is, when every public dollar it borrows must service its debt... crowding out all other demands.That debt presently exceeds $22 trillion.It expands by day, by hour, by minute, by second.But when does America finally go corkscrewing into the fatal aby...Read More

Walmart and Cisco Systems were higher after earningsThe Dow clocked its third straight win on a roughly 215-point gain today, as traders cheered strong earnings from Walmart (WMT) and Cisco Systems (CSCO). A round of upbeat economic data also boosted stocks, helping turn Wall Street's attentionfrom lingering U.S.-China trade uncertainty and President Donald Trump's executive order targeting Chines...Read More

Traders just doubled their money on Schaeffer's recommended July 120 callSubscribers to Schaeffer's Weekend Trader Series newsletter just doubled their moneywith our PepsiCo, Inc. (NASDAQ:PEP) July 120 call option recommendation. Below, we'll explain how this short-term options trade hit its 100% target during a period of time where the soda stock rose just over 6% on the charts. When we ini...Read More

Shorts have retreated from EOLS stock of lateU.S markets are moving higher today, with the Dow Jones Industrial Average (DJI) eyeing its third straight win. On the flip side, a pair of stocks not making positive moves this afternoon are water heater maker A. O. Smith Corp (NYSE:AOS), and biotech Evolus Inc (NASDAQ:EOLS). Below, we will dive into what is moving the shares of AOS and EOLS.Short Sell...Read More

Electric vehicles may be less prone to catch fire than gas guzzlers, but recent blazes involving Tesla Inc. and NIO Inc. cars in Greater China are prompting the industry to take steps to alleviate concerns from potential customers.Worries heightened after reports emerged of a fire involving a Tesla in a Hong Kong parking lot. Weeks earlier, a video on Chinese social media platforms showed a Tesla...Read More

Horizons ETFs Management (Canada) has launched the Horizons Global Uranium Index ETF. Units of the ETF will began trading Thursday on the Toronto Stock Exchange under the ticker symbol HURA.HURA is the first ETF in Canada to provide direct exposure to the global uranium sector - a universe of companies with a combined value of approximately C$15 billion. Globally, Canada is ranked as the second-la...Read More

Yemen's Houthis are Read full newsRead More

The FAANG stock is on pace for its longest win streak in a monthIn a filing late yesterday, it was revealed that Warren Buffett's Berkshire Hathaway (BRKA) took a roughly $904 million stake in e-commerce titan Amazon.com, Inc. (NASDAQ:AMZN), confirming buzz earlier this month that the Oracle of Omaha was amassing a position in the FAANG stock. As such, AMZN shares are higher in afternoon trading,...Read More

Canadian miner Iamgold Corp. is exploring a possible sale of all or part of the company amid a wave of consolidation in the gold sector, according to people familiar with the matter.The Toronto-based miner is working with advisers and has spoken to several potential buyers, said the people, who asked not to be identified because the matter is private.Iamgold's plans could still change and there's...Read More

Canadian miner Iamgold Corp. is exploring a possible sale of all or part of the company amid a wave of consolidation in the gold sector, according to people familiar with the matter.The Toronto-based miner is working with advisers and has spoken to several potential buyers, said the people, who asked not to be identified because the matter is private.Iamgold's plans could still change and there's...Read More

Although most of the precious metals sector has trended lower in recent months, gold has held up well. It and the other, weaker components of precious metals got a boost on Monday when China retaliated with tariffs of its own.There has been little follow through since.This begs the question, will a trade war lead to a new bull market in precious metals?The short answer is yes if it leads to a down...Read More

Polish miner KGHM (WSE:KGH), Europe's second-largest copper producer, hit record output in the first three months of the year, thanks partly to improved production at its money-sucking Sierra Gorda mine in Chile.The state-controlled company, which has been criticized for the steep investment allocated to developing the Chilean asset ($5.2B and counting), churned out 142,000 tonnes of copper in t...Read More

Polish miner KGHM (WSE:KGH), Europe's second-largest copper producer, hit record output in the first three months of the year, thanks partly to improved production at its money-sucking Sierra Gorda mine in Chile.The state-controlled company, which has been criticized for the steep investment allocated to developing the Chilean asset ($5.2B and counting), churned out 142,000 tonnes of copper in t...Read More

Polish miner KGHM (WSE:KGH), Europe's second-largest copper producer, hit record output in the first three months of the year, thanks partly to improved production at its money-sucking Sierra Gorda mine in Chile.The state-controlled company, which has been criticized for the steep investment allocated to developing the Chilean asset ($5.2B and counting), churned out 142,000 tonnes of copper in t...Read More

Options began trading on the ride-hailing service todayRide-hailing concern Uber Technologies Inc (NYSE:UBER) began trading on the Big Board on May 10, and today, traders can begin speculating on the Wall Street freshman via options. While we still have plenty of trading hours left before the close, it looks like the options crowd is leaning bullishly toward UBER so far.After pricing its initial p...Read More

Semiconductor stocks have been in focus as U.S.-China trade tensions festerTech stocks have been in focus lately, amid the escalating tariff war between the U.S. and China. Unlike several of its Huawei-exposed peers, though, Advanced Micro Devices, Inc. (NASDAQ:AMD) stock is higher in today's trading, already up 2.8% at $28.34. And, per data from Schaeffer's Senior Quantitative Analyst Rocky White...Read More

Options traders are targeting chip stocks amid new Huawei dramaThe Dow Jones Industrial Average (DJI) is soaring today, up over 250 points and barreling toward its third straight win, thanks to a combination of well-received blue-chip earnings and upbeat economic data. Cisco (CSCO) has popped more than 6% -- and is on pace for its best day in three years -- as traders cheer its minimal trade-war e...Read More