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
North American Palladium of Toronto has expanded the platinum group metals zone at the Sunday Lake property, 25 km northeast of Thunder Bay and 60 km south of NAP's Lac des Iles mill. The current campaign is focused on a large PGM zone and copper-nickel sulphide mineralization in the deeper portions of the Sunday Lake mafic-ultramafic intrusion.NAP is the operator and earning a 75% interest at Sun...Read More
North American Palladium of Toronto has expanded the platinum group metals zone at the Sunday Lake property, 25 km northeast of Thunder Bay and 60 km south of NAP's Lac des Iles mill. The current campaign is focused on a large PGM zone and copper-nickel sulphide mineralization in the deeper portions of the Sunday Lake mafic-ultramafic intrusion.NAP is the operator and earning a 75% interest at Sun...Read More
North American Palladium of Toronto has expanded the platinum group metals zone at the Sunday Lake property, 25 km northeast of Thunder Bay and 60 km south of NAP's Lac des Iles mill. The current campaign is focused on a large PGM zone and copper-nickel sulphide mineralization in the deeper portions of the Sunday Lake mafic-ultramafic intrusion.NAP is the operator and earning a 75% interest at Sun...Read More
Stocks slightly extended their short-term uptrend on Friday, as investors reacted to the quarterly corporate earnings, better-than-expected economic data releases. The S&P 500 got very close to the September 21st record high again. Will it reach the new all-time high today?The U.S. stock market indexes gained 0.3-0.5% on Friday, slightly extending the uptrend, as investors' sentiment remained...Read More
NBL is the energy stock equivalent of Jon Snow, apparentlyNoble Energy, Inc. (NYSE:NBL) is the Jon Snow of energy stocks apparently. J.P. Morgan Securities released a note titled "E&P Game of Thrones" that said NBL could be the new "King of the North," while upgrading its opinion on the stock to "overweight" from "neutral." The analyst note also put the price target on the shares at $32, up from $...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), is pleased to announce that it has completed an oversubscribed non-brokered private placement (the "Private Placement") consisting of the issuance of 28,257,789 units of the Company ("Units") at a price of $0.075 per Unit, for aggregate gross proceeds to the Company of approximately $2.1 million, as announced...Read More
Tesla vowed that it has 'adequate' liquidity over at least the next 12 months. We'll take the under.Read full newsRead More
Red Pine Exploration Inc. (TSXV:RPX) was featured in a video by InvestmentPitch Media that highlighted the company's recent drill results at its Wawa gold project in Ontario, Canada. Read full newsRead More
The options market is pricing in a big move for Wednesday's tradingApple Inc. (NASDAQ:AAPL) headlines a busy week of earnings season, with the iPhone maker set to unveil its fiscal second-quarter results after the close tomorrow, April 30. Ahead of the event, AAPL stock has been relatively quiet on the charts, per its 30-day historical volatility of 12.3%, which registers in the 8th annual percent...Read More
Seagate stock has added 16% year-to-dateData storage name Seagate Technology PLC (NASDAQ:STX) is up 0.3% at $45.11 in today's trading, moving higher as investors anticipate the company's upcoming quarterly report. STX's fiscal third-quarter results are scheduled for before the market opens tomorrow, April 30. Below, we will dive into what the options market is anticipating in terms of a post-earni...Read More
The Nasdaq also touched an all-time bestThe Dow Jones Industrial Average (DJI) is modestly higher at midday, led by bank stocks, astraders look ahead to a full week of earnings and economic data. In addition, Wall Street is digesting relatively tame inflation data ahead of the Fed's policy meeting, with the central bank widely expected to stand pat on interest rates. Elsewhere, the S&P 500 Index...Read More
Some of the U.K.'s biggest companies were dropped from the government's list of responsible small-business customers on Monday, a decision that could undermine their ability to win state contracts.Five firms were removed from the Prompt Payment Code, an initiative to speed up settlement of invoices owed to suppliers. The companies - including mining conglomerate BHP Group Plc, DHL Worldwide Expres...Read More
Snap is partnering with Shopify to open up advertising on its appThe shares of Snap Inc (NYSE:SNAP) is up 2.5% to trade at $11.13 today, boosted by news of a partnership with Shopify (SHOP), which can now pay for ads to be rolled out on the Snapchat app. Plus, SNAP call options have been flying off the shelves, perhaps signaling that options traders think the red-hot social media stock has more...Read More
Shares of Premier Gold Mines (TSX: PG) went up 7% at Monday's market open on news of a high-grade discovery at the McCoy-Cove project in Nevada. The company's market capitalization sits at C$345 million.In today's press release, the company announced the discovery of a 118.9 m thick mineralized zone grading 4.12 g/t, including a high-grade interval assaying 15.74 g/t gold across 6.1 m, in the fir...Read More
Shares of Premier Gold Mines (TSX: PG) went up 7% at Monday's market open on news of a high-grade discovery at the McCoy-Cove project in Nevada. The company's market capitalization sits at C$345 million.In today's press release, the company announced the discovery of a 118.9 m thick mineralized zone grading 4.12 g/t, including a high-grade interval assaying 15.74 g/t gold across 6.1 m, in the fir...Read More
Shares of Premier Gold Mines (TSX: PG) went up 7% at Monday's market open on news of a high-grade discovery at the McCoy-Cove project in Nevada. The company's market capitalization sits at C$345 million.In today's press release, the company announced the discovery of a 118.9 m thick mineralized zone grading 4.12 g/t, including a high-grade interval assaying 15.74 g/t gold across 6.1 m, in the fir...Read More
Shares of Premier Gold Mines (TSX: PG) went up 7% at Monday's market open on news of a high-grade discovery at the McCoy-Cove project in Nevada. The company's market capitalization sits at C$345 million.In today's press release, the company announced the discovery of a 118.9 m thick mineralized zone grading 4.12 g/t, including a high-grade interval assaying 15.74 g/t gold across 6.1 m, in the fir...Read More
AMC theaters saw a record-breaking Friday and Saturday at its U.S. locationsOn the heels of an "Avengers: Endgame" record-breaking weekend, shares of AMC Entertainment Holdings Inc (NYSE:AMC) are up 0.6% at $15.49 in this morning's trading. The movie theater chain reported single-day record highs for attendance, and food and beverage sales this past weekend, the latter marking all-time highs both...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), announces its 2018 year-end audited financial statements have been filed on SEDAR and will host an investor call on April 30th, 2019 at 9:00AM EDT.In 2018, the Company posted revenue of $14.2M, a 19.9% decrease over 2017, due to lower 3G sales, in particular Q3 sales being 38% lower than 2017. Th...Read More
Some mobile app stores in China have dropped Momo's Tantan app China social networking name Momo Inc (NASDAQ:MOMO) is near the bottom of the Nasdaq today, on news that some mobile app stores in China have taken down the company's Tantan app at the direction of the Chinese government. Momo said it plans an internal review of the Tinder-like dating app, to make sure it's compliant with government ru...Read More