News and Reports

Metals & Mining 2025 / 2026 Year Ahead

January 07, 2026

The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More

Year Ahead 2025

January 06, 2025

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

Year in Review 2023 and Outlook for 2024

January 04, 2024

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

Year in Review 2022 and Outlook for 2023

January 2023

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: The Heart of Global Copper

October 2021

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 Gold

June 2021

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 Gold Mining and Canadian Juniors

April 2021

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

An Overview of the Golden Triangle

July 2020

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

An Overview of Quebec Gold Mining

April 2020

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

An Overview of the Red Lake Mining District

January, 2020

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

#OPEC Collapse Likely, Warns Iran's Oil Minister | Zero Hedge

May 03, 2019 / www.zerohedge.com

Condemns Read full newsRead More

April #Jobs Smash Expectations, Soar By 263K, But Wage Growth Muted | Zero Hedge

May 03, 2019 / www.zerohedge.com

The US job market juggernaut continues to accelerate.Read full newsRead More

30-year study shows dramatic drop in infant mortality near sub-Sahara gold mines

May 03, 2019 / www.mining.com

Large scale gold mining in sub-Saharan Africa has reduced infant mortality in nearby communities, with rates falling by 50% among those born within 10km of a gold mine, conclusion new research by Anja Benshaul-Tolonen published in the May 2019 issue of The Economic Journal. Benshaul-Tolonen's research finds that local industrial development may be an effective way to reduce infant mortality in...Read More

30-year study shows dramatic drop in infant mortality near sub-Sahara gold mines

May 03, 2019 / www.mining.com

Large scale gold mining in sub-Saharan Africa has reduced infant mortality in nearby communities, with rates falling by 50% among those born within 10km of a gold mine, conclusion new research by Anja Benshaul-Tolonen published in the May 2019 issue of The Economic Journal. Benshaul-Tolonen's research finds that local industrial development may be an effective way to reduce infant mortality in...Read More

Bear Note for Lyft Stock Ahead of First Earnings, Uber IPO

May 03, 2019 / www.schaeffersresearch.com

Uber stock is set to start trading on May 10Next week is a monumental one for LYFT Inc (NASDAQ:LYFT). First, the ride-sharing service has its first earnings report as a public company, scheduled for after the close on Tuesday, May 7. Then, fierce rival in the ride-sharing sector Uber (UBER) will go public a week from today. At last check, Lyft stock is down 1.2% to trade at $60.70, after Atlant...Read More

Stocks Hold Gains as Tech Sector Leads

May 03, 2019 / www.schaeffersresearch.com

Tech's performance has the Nasdaq rallyingStocks are holding positive territory in midday trading following this morning's impressive jobs report. In fact, the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are all comfortably higher. While the tech sector is leading the way, energy stocks are also showing strength. However, the major indexes would need to ext...Read More

Analyst Called This Pharma Stock an "Undervalued Growth Story"

May 03, 2019 / www.schaeffersresearch.com

H.C. Wainwright just started with a "buy" rating and a $23 price targetH.C. Wainwright just initiated coverage on the drugmaker Collegium Pharmaceutical, Inc (NASDAQ:COLL) with a "buy" rating and a $23 price target -- a roughly 60% upside to the stock's current perch at $13.60. The analyst called the firm, which specializes in abuse-deterrent pain treatments, an "undervalued growth story," especia...Read More

Australian battery materials plant eyes financing deal by end-June

May 03, 2019 / www.mining.com

Nickel miner Australian Mines hopes to lock in funds for a planned A$1.3 billion ($935 million) battery materials plant by end-June, its chief executive said, despite volatile prices that have crimped lending to the new energy sector.The company is talking with South Korean battery maker SK Innovation to finalise an offtake agreement after reaching a preliminary deal in March 2018. At the same tim...Read More

CTSH Stock Eyes Worst Week in Years After Earnings

May 03, 2019 / www.schaeffersresearch.com

Cognizant Technology option bears are cashing in their chipsThe shares of tech concern Cognizant Technology Solutions Corp (NASDAQ:CTSH) are spiraling in early trading, after the firm announced first-quarter earnings below analysts' expectations. The company also nearly halved its full-year sales forecast. As a result, CTSH stock is down 10.2% at $59.82 in early trading, pacing for its worst day s...Read More

Cigna Stock Suffers Another Round of Bear Notes

May 03, 2019 / www.schaeffersresearch.com

CI has shed 16.3% since JanuaryHealth insurance name Cigna Corp (NYSE:CI) is down 0.8% at $159 in this morning's trading, suffering after Goldman Sachs downgraded the stock to "buy" from "conviction buy." The firm's Stephen Tanal shared similar concerns of analysts that responded to the company's first-quarter report yesterday, expressing worry over Cigna's pharmacy benefits profitability followi...Read More

2 FAANG Stocks in the News

May 03, 2019 / www.schaeffersresearch.com

The shares of the two tech giants are higher as a resultFAANG name Amazon.com, Inc. (NASDAQ:AMZN) is in the news today, after Warren Buffett told CNBC that Berkshire Hathaway (BRK.A) bought an undisclosed stake in the online retail giant. The details of the purchase will be revealed in Berkshire's quarterly report of stock holdings.In response, Amazon stock is up 2.1% to trade at $1,940.95. Yeste...Read More

Miners in Congo face subcontracting limits under new rules

May 03, 2019 / www.mining.com

Companies in the Democratic Republic of Congo will have to ensure subcontractors they hire are domestically owned under rules being implemented by the government.The requirement adds to the raft of new measures mining companies have had to contend with over the past year, after the state in March 2018 raised taxes and other costs. Investors including Glencore Plc, Randgold Resources Ltd., China Mo...Read More

Base metals give ground as manufacturing clouds darken

May 03, 2019 / www.mining.com

It's been a bad week for Doctor Copper.London Metal Exchange (LME) copper slumped 3% on Wednesday and has slid further to a three-month low of $6,150 per tonne, last trading at $6,180.True, the move took place in something of a liquidity black hole with China and much of Europe on holiday this week, leaving the market prey to automated funds, which have been momentum-trading a rapidly deterioratin...Read More

#Tesla Prices Upsized Equity Offering At $243/Share (42% Discount To $420) | Zero Hedge

May 03, 2019 / www.zerohedge.com

The company has reportedly upsized its convertible note sale from $1.3 billion to $1.6 billion and CEO Elon Musk has raised the amount of shares he will personally buy from $10M to $25M. Read full newsRead More

Universal Display, Shake Shack Headline Earnings Winners

May 03, 2019 / www.schaeffersresearch.com

OLED and SHAK are set to hit fresh highsScreen technology specialist Universal Display Corporation (NASDAQ:OLED) is trading up more than 12% before the open, after the company's first-quarter sales came in above estimates. OLED also forecast full-year revenue well above previous expectations, putting the shares on pace to hit a fresh 52-week high today after closing Thursday at $156.60, right near...Read More

Jobs Data Sends Dow Futures Higher

May 03, 2019 / www.schaeffersresearch.com

Today's payrolls report showed 263,000 new jobs for AprilDow Jones Industrial Average (DJI) futures are soaring in early trading, after a better-than-expected April jobs report. Specifically, the Labor Department said 263,000 new jobs were added last month, topping expectations for an increase of 190,000, while the unemployment rate fell to a 49-year low of 3.6%. Futures on the S&P 500 Index (SPX)...Read More

Analysts Eye "Buying Opportunity" on Planet Fitness Stock

May 03, 2019 / www.schaeffersresearch.com

PLNT stock is lower after the company's rare revenue missPlanet Fitness Inc (NYSE:PLNT) is bracing for a 4.5% drop out of the gate, after the fitness center operator reported a first-quarter revenue miss -- its first in at least eight quarters. Specifically, revenue rose 22.7% in the first three months of the year to $148.8 million, below the $153.4 million expected by analysts. PLNT's adjusted fi...Read More

Rio Tinto speeds up exploration at Winu copper find in Western Australia

May 03, 2019 / www.mining.com

Mining giant Rio Tinto (ASX, LON:RIO) is ramping up exploration at its Winu discovery in Western Australia, which could be the company's next major copper project.Speaking at conference in Sydney this week, group executive of growth and innovation Stephen McIntosh said the company's main goal for now is to determine whether Winu was a "Rio Tinto scale" project.The copper-gold-silver discovery, a p...Read More

Rio Tinto speeds up exploration at Winu copper find in Western Australia

May 03, 2019 / www.mining.com

Mining giant Rio Tinto (ASX, LON:RIO) is ramping up exploration at its Winu discovery in Western Australia, which could be the company's next major copper project.Speaking at conference in Sydney this week, group executive of growth and innovation Stephen McIntosh said the company's main goal for now is to determine whether Winu was a "Rio Tinto scale" project.The copper-gold-silver discovery, a p...Read More

Rio Tinto speeds up exploration at Winu copper find in Western Australia

May 03, 2019 / www.mining.com

Mining giant Rio Tinto (ASX, LON:RIO) is ramping up exploration at its Winu discovery in Western Australia, which could be the company's next major copper project.Speaking at conference in Sydney this week, group executive of growth and innovation Stephen McIntosh said the company's main goal for now is to determine whether Winu was a "Rio Tinto scale" project.The copper-gold-silver discovery, a p...Read More

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