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

U.S. policy through the Bush and Obama administrations was to soft-pedal questionable Chinese trade practices, pirating technology and theft of intellectual property in return for cheap manufactured goods and China's willingness to finance trillions of dollars of U.S. government debt.Now Trump has changed the rules of the game. He's said lost jobs in the U.S. are not worth the cheap goods and chea...Read More

The trade war is back on. The trade deadline came and went at midnight last night without a deal. So 25% tariffs on $200 billion worth of Chinese goods took effect at 12:01. The tariffs had previously been set at 10%.Based on Trump's comments, 25% tariffs may possibly be applied to an additional $300 billion of Chinese goods.China said it would respond with unspecified but "necessary countermeasur...Read More

Over the past two years, direction of a nation's currency has had a bigger impact on gold, silver and all metal prices. Gold and silver have been trading in a wider range. Winning bets are those who are able to correctly forecast the trend of their national currencies. Gold and silver are not rising (in US dollar quote) despite all the positive factors. Central banks are buying gold. There is tr...Read More

Over the past two years, direction of a nation's currency has had a bigger impact on gold, silver and all metal prices. Gold and silver have been trading in a wider range. Winning bets are those who are able to correctly forecast the trend of their national currencies. Gold and silver are not rising (in US dollar quote) despite all the positive factors. Central banks are buying gold. There is tr...Read More

Dan Gordon has regained majority control of Gordon Biersch Brewing Company. A new investor group assembled by Gordon has acquired the San Jose, California-based production brewery from the Fertitta family -- founders of Nevada's Station Casinos and Zuffa, the parent company of the Ultimate Fighting Championship, which sold for more $4 billion to WME-IMG in 2016.Read full newsRead More

Trade-sensitive chip stocks took a beatingThe Dow pared some of its earlier losses, but still ended well below breakeven, as traders brace for a possible tariff increase on $200 billion in Chinese goods. President Donald Trump earlier said that China "broke the deal" and will pay, but later said it's still possible Washington and Beijing could strike a deal ahead of the midnight deadline. Meanwhil...Read More

Acacia Mining on Thursday hit back at parent company Barrick Gold Corp's allegation the miner was an obstacle to solving a long-running tax row in Tanzania.Barrick CEO Mark Bristow said in a results presentation on Wednesday that Acacia was not cooperating, prompting Acacia to demand clarification from Barrick.Acacia's interim Chief Executive Officer Peter Geleta said in an interview that Acacia...Read More

Brazil's Vale SA on Thursday reported a $1.64 billion quarterly net loss as the world's top iron ore miner struggled with the aftermath of one of the country's deadliest mining disasters.The first-quarter loss was driven by a series of provisions for the cost of the disaster, including $2.42 billion for compensation and remediation programs and $1.86 billion for shutting down dams.The company shut...Read More

ZUMZ was among Wedbush's retail victimsTrade fears continue to push stocks further into a steep sell-off, with all three major indexes trading in the red. Three stocks investors are paying close attention to this afternoon are cannabis producer Cronos Group Inc (NASDAQ:CRON), Houston-based Occidental Petroleum Corporation (NYSE:OXY), and retailer Zumiez Inc. (NASDAQ:ZUMZ). Below, we will dive i...Read More

The "Amazon of Africa" is pacing for its worst day everThe shares of African e-commerce issue Jumia Technologies (NYSE:JMIA) are getting destroyed this afternoon, after short seller Citron Research weighed in on the shares. Specifically, Citron said, "In 18 years of publishing, [we have] never seen such an obvious fraud as Jumia," claiming the company inflated numbers and removed key metrics from...Read More

Verizon stock just pulled back to a historically bullish indicator on the chartsThe shares of blue-chip name Verizon Communications Inc (NYSE:VZ) have taken a breather since nearly taking out theirall-time high in late March, trading up to $61.58. The telecom concern has been bouncing atop the $56 region of late, and VZ just pulled back to a long-term bull signal on the charts that could send the...Read More

CHL is about to wrap up its eighth straight weekly lossChina Mobile Ltd. (NYSE:CHL) is in the news today, after the Federal Communications Commission (FCC) voted unanimously to deny the Chinese state-owned firm's application to provide U.S. telecommunication services. The FCC expressed concern that the Chinese government could use the approval to spy on the U.S. government.The decision comes amid...Read More

It took just four days for subscribers to double their investment Subscribers to Schaeffer's Option Advisor newsletter managed to double their money in just a matter of days with the EOG Resources Inc (NYSE:EOG) July 105 Put. Below, we will dive into why we anticipated a downside move from the oil concern, and how the options trade unfolded. When we first recommended the put option on Friday...Read More

CRM shares are lower today on broader tech headwindsCloud name Salesforce.com, Inc. (NYSE:CRM) trading down 1% at $155.33 -- on track for a fourth straight loss -- as a big post-earnings slide for Intel (INTC) weighs on the broader tech sector. Despite this downside, CRM options traders are unusually active today, with speculators rushing to place bullish bets on the stock.Most recently, 26,730 ca...Read More

Metallis Resources Inc. (TSXV:MTS; OTCQB:MTLFF) (theRead full newsRead More

The SPX went two months without a three-day losing streakThe major stock market indexes have been slaughtered this week, with all signs pointing to increased tariffs on $200 billion in Chinese goods tomorrow. In fact, the S&P 500 Index (SPX) yesterday suffered its third straight loss, marking its longest losing streak in two months. Below, we take a look at how the SPX performs after going at leas...Read More

Monterey Minerals Inc. (CSE:MREY, FWB:2DK) is pleased to announce that it has signed a Letter of Intent ("LOI") to purchase Gold River Resources Pty Ltd. ("Gold River Resources") of Perth, Australia. Gold River Resources owns six highly prospective tenements in the Pilbara Basin covering 322 square kilometres ("sq.km."). Read full newsRead More

Quebec-focused Monarch Gold (TSX: MQR) is taking a 14.2% stake in Unigold (TSXV: UGD), whose Nieta project in the Dominican Republic has an open-pit inferred resource of 39.49 million tonnes grading 1.59 grams gold per tonne for 2.01 million ounces of gold. Unigold's stock soared over 45% on the news.Monarch has acquired from an investor a block of 6.5 million Unigold shares at a price of $0.115 p...Read More

Quebec-focused Monarch Gold (TSX: MQR) is taking a 14.2% stake in Unigold (TSXV: UGD), whose Nieta project in the Dominican Republic has an open-pit inferred resource of 39.49 million tonnes grading 1.59 grams gold per tonne for 2.01 million ounces of gold. Unigold's stock soared over 45% on the news.Monarch has acquired from an investor a block of 6.5 million Unigold shares at a price of $0.115 p...Read More

Quebec-focused Monarch Gold (TSX: MQR) is taking a 14.2% stake in Unigold (TSXV: UGD), whose Nieta project in the Dominican Republic has an open-pit inferred resource of 39.49 million tonnes grading 1.59 grams gold per tonne for 2.01 million ounces of gold. Unigold's stock soared over 45% on the news.Monarch has acquired from an investor a block of 6.5 million Unigold shares at a price of $0.115 p...Read More