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 trader bet $1.4 million on a quick bounce for the EpiPen makerIt's been a rough stretch for Mylan NV (NASDAQ:MYL) stock, which is down more than 30% since its May 6 intraday peak at $28.46, due in part to last week's post-earnings bear gap. Options traders have remained hopeful -- and this bullish trend is continuing today, even as MYL stock sinks in sympathy with fellow generic drug stock Tev...Read More

The equities are attracting short-term option bullsWhile most stocks are swimming in red ink due to the escalating U.S.-China tariff war, blockchain-related stocks are bucking the trend to trade higher. More specifically, a big rebound in bitcoin has lifted penny stocks Marathon Patent Group Inc (NASDAQ:MARA) and Riot Blockchain Inc (NASDAQ:RIOT), and option bulls are speculating on even more upsi...Read More

Goldplay Exploration Ltd. (TSXV:GPLY) (FRANKFURT:GPE, OTCQB:GLYXF) (Read full newsRead More

Alibaba is on a list of stocks seeing heavy options volume in recent weeksAlibaba Group Holding Ltd (NYSE:BABA) stock has pulled back sharply since its early May peak north of $195, and is at risk of closing below its 320-day moving average for the first time in months today. Nevertheless, call traders are flooding BABA's options pits, continuing a recent trend seen among speculators.In fact, BABA...Read More

Stocks were gaining on Friday following a lower opening of the trading session and the morning sell-off. The S&P 500 index extended its downtrend before bouncing off and closing 0.4% higher. So was it an upward reversal or just correction within a downtrend?S&P 500: Negative Expectations AgainThe U.S. stock market indexes gained 0.1-0.4% on Friday, after bouncing off their new lows as inve...Read More

Source: Streetwise Reports 05/09/2019Ralph Aldis, portfolio manager at U.S. Global Investors, in this interview with Streetwise Reports, talks about movements in the gold market, why precious metals producers are doing better than explorers and developers, the funds that he manages and companies on his buy and sell list.Streetwise Reports: Ralph, gold has been trading within a relatively narro...Read More

Options traders have been targeting CYBR puts at a rapid clip latelyCyberArk Software Ltd (NASDAQ:CYBR) headlines the unofficial last week of earnings season, set to unveil its first-quarter results before the open tomorrow, May 14. Ahead of the event, CYBR stock has pulled back with the broader market -- down 3.8% to trade at $121.13 -- as the options market prices in a big swing for Tuesday's tr...Read More

Traders are hitting the bricks after China's retaliatory tariffsThe Dow Jones Industrial Average (DJI) is falling further at midday, flirting with a 600-point pullback on this morning's bombshell that China is raising tariffs on U.S. imports. Huge losses in the tech sector have the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) posting similar pullbacks, while Apple (AAPL) is the top Dow loser so...Read More

H.C. Wainwright initiated coverage with an $11 price target and a "buy" ratingH.C. Wainwright just initiated coverage on the drugmaker Rockwell Medical Inc (NASDAQ:RMTI). The brokerage firm started with a "buy" rating and an $11 price target, which is more than double the stock's current levels. The analyst called Rockwell, which specializes in end-stage renal disease treatments, an "emerging biop...Read More

First Quantum Minerals (TSE: FM) is investigating the possibility of re-starting its idled Ravensthorpe nickel/cobalt operation in Australia, according to UK-based market research firm Roskill.The Vancouver-based company acquired the Ravensthorpe mine and processing plant from BHP in February 2010, with commercial production reached in December 2011. However, the mine was later placed under care a...Read More

First Quantum Minerals (TSE: FM) is investigating the possibility of re-starting its idled Ravensthorpe nickel/cobalt operation in Australia, according to UK-based market research firm Roskill.The Vancouver-based company acquired the Ravensthorpe mine and processing plant from BHP in February 2010, with commercial production reached in December 2011. However, the mine was later placed under care a...Read More

TEVA is pacing for its worst session since 2017Drugmaker Teva Pharmaceutical Industries Ltd (NYSE:TEVA) is tanking this morning, last seen down 12.7% at $12.53, after several U.S. states filed a price-fixing lawsuit against the company, accusing it of scheming to stifle generic drug competition. What's more, already today the security has touched a fresh annual low of $12.45, and is set for its...Read More

Poland's prime minister and other government officials will meet on Tuesday to discuss a threat by Australia's Prairie Mining to sue Warsaw over difficulties it faced in developing coal projects, three sources familiar with the situation said.Prairie Mining, which has been developing two mines in Poland, said in February that it had notified the Polish government about an investment dispute and th...Read More

Poland's energy market is being left to speculators after repeated interventions by the government have put off long-term investors, the head of market regulator URE told Reuters, describing the situation as a "tragedy".Maciej Bando, whose five-year term ends in June, said unpredictable decisions by the ruling Law and Justice (PiS) party aimed at protecting state-run businesses and a recent cap on...Read More

The newly public company just reported its first-quarter resultsThe Germany-based e-commerce concern Jumia Technologies AG (NYSELJMIA) released its first-quarter results this morning -- its first since going public in mid-April -- to disastrous results. The so-called "Amazon of Africa" company reported smaller-than-expected growth in revenue from last year, and a big quarterly loss. In response, J...Read More

Even the richest mine eventually runs out.That's what's happening in South Africa, where AngloGold Ashanti Ltd. announced plans Thursday to dispose of its last remaining pit in the country, just as voters were heading to the polls for the sixth general election since the end of apartheid.A transaction for the Mponeng mine southwest of the capital Johannesburg is unlikely to rock financial markets...Read More

Most analysts are already bullish on the cannabis stockAlliance Global initiated coverage on Canopy Growth Corp (NYSE:CGC) with an upbeat "buy" rating, saying the Canada-based company can become the "global leader in cannabis," and called its buyout deal with Acreage Holdings a "critical game changer." This echoes the broader bias seen among the brokerage bunch, with eight of 11 analysts maintaini...Read More

The pullback puts Nvidia below a $100 billion market capThe semiconductor sector is often one of the hardest hit when trade tensions with China are on the rise, and we're seeing that today after the Asian nation announced shortly before U.S. markets opened that it was increasing tariffs. One name to watch during these moment, especially this week, is GPU giant Nvidia Corporation (NASDAQ:NVDA). I s...Read More

As the platinum industry heads for its annual gathering in London, the question is whether one of the worst-performing metals of the last few years can sustain its recent recovery.For now, the signs are that it may. Prices of the metal mostly used in autocatalysts are off to the best start to a year since 2016 as investors flock back to exchange-traded funds. The outlook in the physical market is...Read More

The world's second largest miner, Rio Tinto, (ASX, LON, NYSE:RIO) is a step closer to begin expanding its West Angelas iron ore mine in the Pilbara, Western Australia, as it has received the state's environmental watchdog's approval.The Environmental Protection Authority (EPA) said Monday it would recommend open-cut mining at the site to be expanded by 4,100 hectares to 26,700ha, taking it to with...Read More