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
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
The World Bank launched the Climate-Smart Mining Facility on Friday, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable.The fund will support the sustainable extraction and processing of minerals and metals used in clean energy technologies, such as wind, solar power, and batteries for energy storage and electric vehicles.The World Bank is targeting a total...Read More
The World Bank launched the Climate-Smart Mining Facility on Friday, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable.The fund will support the sustainable extraction and processing of minerals and metals used in clean energy technologies, such as wind, solar power, and batteries for energy storage and electric vehicles.The World Bank is targeting a total...Read More
On April 18, 2019 Lifestyle Delivery Systems (LDS.C) announced that its 100%-owned subsidiary, Core Isogenics has contracted 2 acres of licensed California cannabis farm and .75 of an acre of covered canopy cultivation land in Sacramento, California. Sacramento (pop. 502,000) is California's capital city. An educational and financial hub it is also the world's largest ...Read full newsRead More
On April 23, 2019 Lifestyle Delivery Systems (LDS.C) announced that its flagship product, CannaStrips, won 1st place honors at Kushstock 7 "Best Edible" competition, held at Adelanto Stadium, California on Saturday, April 20, 2019 (420). LDS' flagship product CannaStrips (similar to breath strips) offer superior bio-availability of cannabis constituents. Some strips include supplemental co-active...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
The stock is flashing a historically bullish signalThe shares of insurance issue Progressive Corp (NYSE:PGR) have been quietly creeping higher, notching an all-time high of $78.59 earlier today. What's more, PGR has seasonality on its side -- but not analysts -- and its near-term options are a bargain, even with earnings on the horizon. Below, we outline three reasons to like Progressive stock rig...Read More
A number of stocks are moving on FDA updates today, as wellStocks are mostly higher today thanks to strong corporate earnings and jobs data. Apple's (AAPL) big earnings beat is the main story, pushing the Dow Jones Industrial Average (DJI) to a solid lead at the halfway point. Meanwhile, ADP data revealed a sharp increase in private payrolls for April, a noteworthy update ahead of Friday's jobs re...Read More
Both Dow names sport attractively priced options, tooBlue-chip United Technologies Corporation (NYSE:UTX) is moving higher, earlier touching a fresh record high of $144.40. And with a historical bull signal now flashing, there's reason to believe UTX has even more room to run. Specifically, the stock's Schaeffer's Volatility Index (SVI) of 17% ranks in the 9th percentile of its annual range. Thi...Read More
One of the largest gold mining companies in the world has taken a shine to Chakana Copper (TSV: PERU) and its Soledad project in Peru. Gold Fields (NYSE: GFI) is spending C$8 million to buy 15.69 million Chakana shares at C$0.51 per share for a 16.14% stake in the junior.The proceeds will be used to advance exploration and development of the Soledad copper-gold-silver project, 260 km northwest of...Read More
One of the largest gold mining companies in the world has taken a shine to Chakana Copper (TSV: PERU) and its Soledad project in Peru. Gold Fields (NYSE: GFI) is spending C$8 million to buy 15.69 million Chakana shares at C$0.51 per share for a 16.14% stake in the junior.The proceeds will be used to advance exploration and development of the Soledad copper-gold-silver project, 260 km northwest of...Read More
One of the largest gold mining companies in the world has taken a shine to Chakana Copper (TSV: PERU) and its Soledad project in Peru. Gold Fields (NYSE: GFI) is spending C$8 million to buy 15.69 million Chakana shares at C$0.51 per share for a 16.14% stake in the junior.The proceeds will be used to advance exploration and development of the Soledad copper-gold-silver project, 260 km northwest of...Read More
AMD reported first-quarter profit and revenue beatsAdvanced Micro Devices, Inc. (NASDAQ:AMD) stock is higher this morning, after the chipmaker reported first-quarter adjusted earnings of 6 cents per share on $1.27 billion in revenue -- beating analysts estimates on strength in data center and server sales. Fresh off back-to-back monthly wins, AMD stock is up 2.7% to trade at $28.37.Bullish analyst...Read More
LL recently turned face in mid-MarchShares of flooring name Lumber Liquidators Holdings Inc (NYSE:LL) are up 5.2% at $13.91 this morning, after being handed no fewer than three bull notes right out of the gate. Loop Capital reiterated its "hold" rating on the stock, and lifted its price target to $11 from $10, citing modestly better-than expected results and potential long-term growth as its cata...Read More
The FDA declined to approve the drugmaker's new antibiotic The shares of Nabriva Therapeutics(NASDAQ:NBRV) are spiraling today, after the biopharmaceutical company's urinary tract infection (UTI) antibiotic drug, Contepo, was denied approval by the Food and Drug Administration (FDA). The FDA cited facility and manufacturing concerns for its decision. NRBV is down 16.6% at $2.49 today, set for its...Read More
The S&P 500 eked out another record high close on Tuesday and capped its best fo...Read full newsRead More
Mexican President Andres Manuel Lopez Obrador pledged on Wednesday to recover the more than 60 remaining bodies of miners killed in a massive coal shaft explosion in 2006, a mission he described as a humanitarian promise made to victims' families.The announcement came on Mexico's Labor Day holiday, and Lopez Obrador said he did not expect the company that operated the mine to oppose him."This is a...Read More
Most analysts remain bullish on the drug stock, thoughNear the bottom of the Nasdaq morning sits Heron Therapeutics Inc (NASDAQ:HRTX), down 21% to trade at $17.44 this morning, and earlier fell to a new annual low of $16.20. The Food and Drug Administration (FDA) rejected the company's application for HTX-011, its postoperative non-opioid painkiller, requesting additional information from the com...Read More
EXAS shares are lower today, howeverMolecular diagnostics specialist EXACT Sciences Corporation (NASDAQ:EXAS) has received a number of bullish analyst notes this morning after the company's earnings release last night. Canaccord Genuity, SVB Leerink, Jefferies, and Craig-Hallum all lifted their price targets on the stock, with the latter two setting the highest marks at $115, deep into all-time-hi...Read More
Canada's Cameco (TSX:CCO) (NYSE:CCJ), the world's largest publicly traded uranium miner, swung to a loss in the first three months of the year despite seeing growing support for nuclear energy.The Saskatoon, Saskatchewan-based company logged a C$18.3 million net loss in the first quarter of 2019, compared with a profit of C$57.8 million a year ago. That is equivalent to a decrease of five cents...Read More