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

Is it time to prepare for the next financial crisis? Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial anal...Read More

NxGold Ltd. (TSXV:NXN) is pleased to annouce the initiation of the field program at the Mt Roe Gold Project located near Karratha in Western Australia.Read full newsRead More

Something's afoot...Read full newsRead More

Goldman could be facing the worst of all possible outcomes...Read full newsRead More

Even in an industry known to be high-risk, the sudden evaporation of more than a million ounces of gold raised eyebrowsRead full newsRead More

Even in an industry known to be high-risk, the sudden evaporation of more than a million ounces of gold raised eyebrowsRead full newsRead More

Caterpillar's earnings reaction pressured the Dow and S&P todayThe Nasdaq hit a record intraday high today thanks to blowout earnings for online retailer eBay (EBAY), but couldn't sustain this momentum into the close. The S&P 500 and Dow closed lower, too, pressured by a negative earnings reaction for Caterpillar (CAT) and big drops for energy stocks Exxon Mobil (XOM) and Chevron (CVX). Neverthele...Read More

Another lithium-ion battery has exploded, this time at an energy-storage complex in the U.S.At least 21 fires had already occurred at battery projects in South Korea, according to BloombergNEF. But this latest one, erupting on Friday at a facility owned by a Pinnacle West Capital Corp. utility in Surprise, Arizona, marked the first time it has happened in America since batteries took off globally....Read More

The world's top copper miner Codelco has added its first hybrid dumptruck to its fleet at its El Teniente mine, the company said on Wednesday, in a global mining industry that is increasingly seeking to reduce its emissions and environmental footprint.The so-called Load-Haul-Dump truck, known as an LHD, built by Japanese equipment manufacturer Komatsu, is expected to boost productivity by 10% to 2...Read More

SAP stock is higher on activist investor newsThe Dow is trading modestly lower this afternoon as Wall Street weighs the latest batch of blue-chip earnings. Among individual stocks in focus today are satellite radio service Sirius XM Holdings Inc (NASDAQ:SIRI), German software firm SAP SE (NYSE:SAP), and California utility name PG&E Corporation (NYSE:PCG). Here's a quick look at what's moving the s...Read More

First Vanadium (TSXV: FVAN) has extended its Carlin vanadium deposit in Nevada by 300 metres, or 15%, to the south with newly acquired historical data. The strike length of the deposit now totals more than 2.1 kilometres.The Carlin project is considered the largest, highest grade primary vanadium deposit in North America.Two historical holes and trenches completed by the property's previous owner,...Read More

First Vanadium (TSXV: FVAN) has extended its Carlin vanadium deposit in Nevada by 300 metres, or 15%, to the south with newly acquired historical data. The strike length of the deposit now totals more than 2.1 kilometres.The Carlin project is considered the largest, highest grade primary vanadium deposit in North America.Two historical holes and trenches completed by the property's previous owner,...Read More

"Governing Council judges that an accommodative policy interest rate continues to be warranted,"Read full newsRead More

Hospital operators CYH, HCA, and UHS are in focus todayThe healthcare sector has been under pressure lately due to growing talk of Medicare for all. Today, however, many in the group are gaining thanks to proposed changes to Medicare reimbursement rates, including a roughly 3.5% increase in payments to hospitals for inpatient services, which brokerage firm Jefferies says would be the largest incre...Read More

One trader seems to have executed a bearish ratio spread todayThe shares of Tyson Foods, Inc. (NYSE:TSN) are down 1.4% to trade at $73.56 today, after Walmart (WMT) announced it was creating its own Angus beef supply chain. Walmart intends for its products to share shelf space and be similarly priced as Tyson's. Also, Tyson also announced it was selling its stake in Beyond Meat, a plant-based pr...Read More

Traders are betting on new highs for the rumored Apple partnerThe shares of semiconductor concern Amkor Technology, Inc. (NASDAQ:AMKR) are within striking distance of new annual highs, amid rumors the company has been chosen as the primary supplier for Apple's (AAPL) next generation of AirPods. MacRumors reported that analyst Ming-Chi Kuo expects two new AirPod models to begin production as early...Read More

Both names will report first-quarter earnings tomorrow morningIt's a busy week for Cleveland-Cliffs Inc (NYSE:CLF), with the mining firm hosting its annual shareholders meeting today, and reporting first-quarter earnings before the market opens tomorrow, April 25. At last check, CLF stock was trading up 0.6% at $9.55, but could be in for a bigger move tomorrow, if history is any guide.Trade-Alert...Read More

Lululemon just outlined its five-year plan for revenue growthAhead of today's annual analyst day, Lululemon Athletica inc. (NASDAQ:LULU) unveiled its strategic plan to accelerate growth in the next five years. The athletic apparel retailer will continue to focus on its women's and accessories divisions, while doubling revenues in its men's and digital businesses and quadrupling international reven...Read More

Traders are weighing earnings from Caterpillar and BoeingThe Dow Jones Industrial Average (DJI) has remained relatively static, as Wall Street weighs the latest batch of corporate earnings reports. Caterpillar (CAT) is the biggest blue-chip laggard today, with CAT shares down after earnings, while Boeing (BA) stock is flirting with modest post-earnings gains. Elsewhere, the Nasdaq Composite (IXI...Read More

Global aluminium production flatlined in the first quarter of this year, according to the International Aluminium Institute (IAI).A couple of long-running outages together with curtailments in Europe caused production outside China to dip 1.4% to 6.37 million tonnes in the first three months of 2019.Chinese production, a complex moving picture of price-induced curtailments, pollution controls and...Read More