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
MAX RESOURCE CORP. (TSXV:MXR) (OTC:MXROF) (FSE:M1D1) (Read full newsRead More
Former U.S. interior secretary Ryan Zinke has joined the board of a tiny gold mining company with projects in Nevada and Wyoming.U.S. Gold Corp., based in Elko, Nevada, has a market capitalization of about $20 million. Zinke is one of six board members for the company, according to its website.Zinke left his post in January amid several federal investigations into his travel, political activity an...Read More
Former U.S. interior secretary Ryan Zinke has joined the board of a tiny gold mining company with projects in Nevada and Wyoming.U.S. Gold Corp., based in Elko, Nevada, has a market capitalization of about $20 million. Zinke is one of six board members for the company, according to its website.Zinke left his post in January amid several federal investigations into his travel, political activity an...Read More
According to Grown Rogue CEO Obie Strickler, the company will build on lessons learned in Oregon to capture more of the US cannabis market.Read full newsRead More
A digital map detailing more than 120 lead battery-powered energy storage projects has been unveiled by the Consortium for Battery Innovation (CBI).The map, published online for the Energy Storage Association's annual conference in Phoenix, Arizona on Tuesday includes case studies demonstrating successful lead battery energy storage installations from the US to Asia and Europe.Through a range of c...Read More
A digital map detailing more than 120 lead battery-powered energy storage projects has been unveiled by the Consortium for Battery Innovation (CBI).The map, published online for the Energy Storage Association's annual conference in Phoenix, Arizona on Tuesday includes case studies demonstrating successful lead battery energy storage installations from the US to Asia and Europe.Through a range of c...Read More
Nevada Copper Corp. (TSX: NCU) has announced the filing of a new technical report for its 100%-owned Pumpkin Hollow property near Yerington, Nevada. This technical report, entitled "NI 43-101 Technical Report: Nevada Copper Corp., Pumpkin Hollow Project, Open Pit and Underground Mine Prefeasibility Study (PFS)", has an effective date of January 21, 2019, and supersedes all previously filed technic...Read More
Nevada Copper Corp. (TSX: NCU) has announced the filing of a new technical report for its 100%-owned Pumpkin Hollow property near Yerington, Nevada. This technical report, entitled "NI 43-101 Technical Report: Nevada Copper Corp., Pumpkin Hollow Project, Open Pit and Underground Mine Prefeasibility Study (PFS)", has an effective date of January 21, 2019, and supersedes all previously filed technic...Read More
The writing is on the wall for Canadian mining companies and it has been for quite some time. Their glory days as a global leaders are fading - and mega-mergers won't bring salvation.Market signals are already showing troubling signs of this shift in the sector. While Canada's GDP saw a 0.3% lift in January, which was the biggest gain in eight months, this dramatic uptick didn't spill over into ev...Read More
The writing is on the wall for Canadian mining companies and it has been for quite some time. Their glory days as a global leaders are fading - and mega-mergers won't bring salvation.Market signals are already showing troubling signs of this shift in the sector. While Canada's GDP saw a 0.3% lift in January, which was the biggest gain in eight months, this dramatic uptick didn't spill over into ev...Read More
The writing is on the wall for Canadian mining companies and it has been for quite some time. Their glory days as a global leaders are fading - and mega-mergers won't bring salvation.Market signals are already showing troubling signs of this shift in the sector. While Canada's GDP saw a 0.3% lift in January, which was the biggest gain in eight months, this dramatic uptick didn't spill over into ev...Read More
The FDA ordered BSX to remove its transvaginal surgical mesh implants from the U.S. marketMedical device maker Boston Scientific Corporation (NYSE:BSX) is in hot water today, after the U.S. Food and Drug Administration (FDA) ordered the company to halt the sale and distribution of its transvaginal surgical mesh implants, questioning the safety of the product. The FDA is giving Boston Scientific 10...Read More
VFF put options are all the rage todayMany weed stocks are higher today, after sector leader Canopy Growth's (CGC) CEO reportedly projected revenue of $744 million this year. However, one cannabis name sitting out today's uptrend is Village Farms International Inc (NASDAQ:VFF), down 14.4% to trade at $10.84, after a scathing report from notorious short seller Citron Research, which called on the S...Read More
SKX is moving further beyond the 320-day trendlineShoemaker Skechers USA Inc (NYSE:SKX) is slated to report first-quarter earnings before the market opens, Thursday, April 18. The security has been moving higher in recent weeks, and was last seen back above the $34 mark. Another notable trendline the shares have utilized is the 320-day moving average, which has been support since mid-February. At...Read More
Precious metals traders are using the 'f' word a lot this morning...Read full newsRead More
Precious metals traders are using the 'f' word a lot this morning...Read full newsRead More
Renforth Resources (CSE:RFR) (Read full newsRead More
Management of Sirios Resources Inc. (TSXV:SOI) is pleased to announce the extension of the Contact Zone of more than 100 m toward the north-west, as well as assay results for twenty-five (25) drill holes recently completed outside of the main area of the Cheechoo gold property.Read full newsRead More
A Wired report gave details surrounding the highly anticipated gaming consoleThe U.S. stock market is higher today, thanks to a dovish Fed and well-received Johnson & Johnson (JNJ) earnings. Among other stocks making notable moves are chipmaker Advanced Micro Devices, Inc. (NASDAQ:AMD), "Battlefield V" creator Electronic Arts Inc. (NASDAQ:EA), and streaming name Roku Inc (NASDAQ:ROKU). Here's a qu...Read More
Bank of America's provision for credit losses jumped by over $100 million to just above $1 billion: this was the highest credit loss provision number since in 6 years, or Q2 2013.Read full newsRead More