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

Private equity firm Orion Mine Finance has entered into an agreement to sell 90-million of the shares of Canadian miner Stornoway Diamond Corp that it held for investment purposes.Orion will sell the shares at C$0.04 a share, netting C$3.6-million.AdvertisementAfter the transaction, Orion, through entities managed by the firm, will own 22 083 596 of Stornoway shares and $20.5-million of...Read More

The Karowe mine, in Botswana, has produced the world’s second-largest uncut diamond, Canadian company Lucara Diamond Corp announced on Thursday, sending the miner’s share price up 11% to C$1.68 a share.At 1 758 ct, the diamond is second in size only to the 3 106 ct diamond that was mined at Cullinan, South Africa, in the early 1900s.AdvertisementThe latest Karowe find is now...Read More

The government of Macau, a Special Administrative Region (SAR) of China, which was ruled by Portugal from 1557 to 1999 (442 years) and which retains strong ties with the Lusophone world, hopes that joining the Kimberley Process will strengthen its trade relations with Angola. “There are companies in Angola which have now shown interest in doing business in Macau, following the application to...Read More

Eastern promise for PolarXSPONSOREDpolarxWith construction of the Pumpkin Hollow underground mine proceeding on schedule and within budget to kick-start a copper mining revival in the Yerrington Valley by the December quarter, Nevada CopperRead More

Eastern promise for PolarXSPONSOREDpolarxThe Phoenix, Arizona-based miner reported adjusted net earnings of US$67 million or 5c per share, compared to non-GAAP earnings of $679 million or 46c per share a year earlier. Analysts had on average called for earnings of 7c per share.Net income in the March period totaled $31 million or 2c per share, down from $692 million or 48c in the same period a yea...Read More

In January 2018, two significant market events occurred nearly simultaneously. Major U.S. stock market indexes peaked and volatility indexes extended one of their longest streaks of low volatility in history. Investors were happy, complacency ruled the day and all was right with the world.Then markets were turned upside down in a matter of days. Major stock market indexes fell over 11%, a technica...Read More

The first-quarter GDP number was released this morning. And at 3.2%, it came in far above estimates. Consensus was about 2.3%. It was also the highest Q1 GDP print since 2015.But there's probably less here than meets the eye.About half the GDP gain came from a surge in inventories and a sharp reduction in the trade deficit, neither of which is sustainable. They are likely one-time boosts.The econo...Read More

More Americans than ever are behind on their car payments.The number of loans at least 90 days late exceeded 7 million at the end of last year, the highest delinquency rate since 2012, according to the Federal Reserve Bank of New York.Consumers paid on average a little more than $36,000 for a new car, up roughly 3%, according to Kelley Blue Book. And if you're a savvy shopper, you know very well t...Read More

Physical uranium stockpiler Yellow Cake PLC (LON:YCA) said the recent pullback in spot prices presented a good buying opportunity as it remained confident in the long-term outlook for the radioactive metal.The global spot uranium price softened to end the quarter at US$25.75 per pound of U3O8, from US$28.50/lb three months before.After the US Department of Commerce submitted a report to the White...Read More

Eastern promise for PolarXSPONSOREDpolarxThe comptroller recommended the project's environmental licence be reversed as well as the permits awarded by the water authority. This is a possibility which will be pushed for by communities in Íntag that have rejected mining for years.The Llurimagua deposit has a resource of 982 million tonnes grading 0.89% copper and 0.04% molybdenum.Eastern prom...Read More

Diamond major Alrosa earned $8.91-million in revenue from the sale of special size diamonds – diamonds larger than 10.8 ct – at its second auction in Dubai, this year.Fifty-six companies from Belgium, India, Israel, the United Arab Emirates, the US, Hong Kong and Russia participated in the auction, which resulted in the sale of 109 out of 122 auction lots on offer sold. Two especi...Read More

If you haven't heard me by now, listen up...You need to buy yourself some pot stocks. Just do it. Please.If you've been reading Outsider Club regularly, I really hope that you already have. I couldn't have been more blunt about it over the past half-decade.Before everyone and their mother was crowing about marijuana, CBD, hemp, and every pot derivative under the sun, I was doing research and recom...Read More

"EBITDA is forecasted to be at the 2018 level - that is, 12-14%," Normet interim CEO Aaro Cantell said this week."The outlook for year 2019 is still positive, although the market growth is slowing down. We are in the process of scanning new growth areas to secure our renewal and future growth."Our aim is to identify and launch 2-4 of these growth initiatives during this year." Read More

FB and MSFT saw big post-earnings gainsThe Dow was down 286 points at its intraday low, pressured by a stiff post-earnings loss for 3M (MMM) -- which suffered its worst day since Black Monday, shedding nearly 13%. The blue-chip index pared most of these losses by the close, but still settled in negative territory alongside the S&P 500. The Nasdaq, meanwhile, was just shy of a record closing high,...Read More

A bullish signal just flashed on the charts for AABAFormer Yahoo! Inc. name Altaba Inc (NASDAQ:AABA) has enjoyed some serious upward movement in 2019. The stock is up 31.1% year-to-date, and just came off its best quarter since 2013. The internet concern is expected to report quarterly earnings soon (though it doesn't appear an official date has been announced), and while AABA has run into recent...Read More

FDX options are attractively priced at the momentThe shares of FedEx Corporation (NYSE:FDX) are down 3.4% to trade at $191.12 today, on track for its worst day in over a month. FDX is being dragged down by sector peer United Parcel Service (UPS), which reported a first-quarter profit miss and lower revenue expectations thanks to severe winter weather. In response, FDX options traders have come ou...Read More

Argentina's credit and FX markets are crashing for a second day, signaling an implied probability-of-default gauge over 60%, as investors rapidly lose faith that President Macri will fend off his populist foes and win re-election this year.Read full newsRead More

CMG stock is also making a big move in today's tradingThe U.S. stock market is mixed today, as Wall Street weighs volatile post-earnings moves for 3M (MMM) and Facebook (FB). Among other names in focus are big-cap entertainment issue Walt Disney Co (NYSE:DIS), electric car concern Tesla Inc (NASDAQ:TSLA), and burrito chain Chipotle Mexican Grill, Inc. (NYSE:CMG). Here's a quick roundup of what's m...Read More

It took just two months for subscribers to double their investmentSubscribers to Schaeffer's Weekend Trader Series managed to double their money in just two months with the Fastenal Company (NASDAQ:FAST) August 60 call. Below, we will dive into why we anticipated an upside move from the tool specialist, and how the options trade unfolded.When we first recommended the call option on Sunday, Feb...Read More

GOOGL reports earnings next MondayGoogle parent Alphabet Inc (NASDAQ:GOOGL) is preparing to report earnings, hoping to replicate the success of other large-cap tech stocks we've seen this week. Ahead of the event, scheduled for after the close next Monday, April 29, there's an unusual setup in GOOGL's options pits. Specifically, put open interest is greater than call open interest among contracts...Read More