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 two names are flashing reliably bullish signalsThe U.S. stock market has put in a strong performance this month, with the S&P 500 Index (SPX) pacing toward a 2.3% April gain. The retail sector, in particular, has been a pocket of strength, as evidenced by a 1.2% month-to-date advance for the SPDR S&P Retail ETF (XRT). And if history is any indicator, retail stocks Gap Inc (NYSE:GPS) and Boot B...Read More
Confusion over who's in charge in Venezuela may keep Crystallex International Inc. from collecting a $1.2 billion arbitration award.Crystallex, a bankrupt gold producer, is trying to seize shares of the U.S. unit of Venezuela's state-owned energy company that controls Citgo Holding Inc. An appellate judge in Philadelphia indicated at a hearing Monday that the matter may get sent back to a lower co...Read More
Confusion over who's in charge in Venezuela may keep Crystallex International Inc. from collecting a $1.2 billion arbitration award.Crystallex, a bankrupt gold producer, is trying to seize shares of the U.S. unit of Venezuela's state-owned energy company that controls Citgo Holding Inc. An appellate judge in Philadelphia indicated at a hearing Monday that the matter may get sent back to a lower co...Read More
Analysts have issued a flurry of price-target hikes and upgrades todayNo stock has been as hot as Qualcomm, Inc. (NASDAQ:QCOM) these last two days, after the chipmaker settled its patent dispute with Apple (AAPL). As part of the settlement, Qualcomm signed a new six-year patent license deal with the iPhone maker, which would add over $25 billion in market cap. However, amidst this surge up the c...Read More
The Nasdaq is clinging to a modest gainThe Dow Jones Industrial Average (DJI) has erased this morning's gains, due to disappointing earnings from blue chip IBM (IBM). The healthcare sector also continues to struggle, with UnitedHealth Group (UNH) lower again on concerns about potential policy changes out of Washington, D.C. Meanwhile, the S&P 500 Index (SPX) is lower with the Dow, though the Nas...Read More
Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More
Shares of Millennial Lithium Corp (TSX.V:ML) traded up 12.4% at the open on Wednesday to an intraday high of C$1.92, lifting the Vancouver-based company's market capitalization to over C$150 million. Over 120,000 shares were traded by early afternoon, almost three times the average session volume.Earlier, the company released an updated resource estimate for its Pastos Grandes lithium project in S...Read More
Shares of Millennial Lithium Corp (TSX.V:ML) traded up 12.4% at the open on Wednesday to an intraday high of C$1.92, lifting the Vancouver-based company's market capitalization to over C$150 million. Over 120,000 shares were traded by early afternoon, almost three times the average session volume.Earlier, the company released an updated resource estimate for its Pastos Grandes lithium project in S...Read More
The joint venture - Copper Fox 25% and Teck Resources 75% owned - continues to move forward with work at the Schaft Creek advanced exploration project. Located 375 km northwest of Smithers, the property is a potential producer of copper, gold and molybdenum.An in-depth conceptual study has begun to follow up on last year's sizing and infrastructure alternatives. The project is also being de-risked...Read More
The joint venture - Copper Fox 25% and Teck Resources 75% owned - continues to move forward with work at the Schaft Creek advanced exploration project. Located 375 km northwest of Smithers, the property is a potential producer of copper, gold and molybdenum.An in-depth conceptual study has begun to follow up on last year's sizing and infrastructure alternatives. The project is also being de-risked...Read More
The joint venture - Copper Fox 25% and Teck Resources 75% owned - continues to move forward with work at the Schaft Creek advanced exploration project. Located 375 km northwest of Smithers, the property is a potential producer of copper, gold and molybdenum.An in-depth conceptual study has begun to follow up on last year's sizing and infrastructure alternatives. The project is also being de-risked...Read More
The burger stock is still up 27% year-to-dateBurger giant Shake Shack Inc (NYSE:SHAK) is down 3% at $57.69, after Longbow Research downgraded the stock to "neutral" from "buy," saying the equity's gains since November are "modest" relative to the company's fourth-quarter same-store sales beat. This is offsetting a price-target hike to $60 from $54 at Wedbush, though the new target is in line with...Read More
Macquarie cut its rating on the chip stock, citing risk from the Apple-Qualcomm settlementMacquarie downgraded Skyworks Solutions Inc (NASDAQ:SWKS) to "neutral" from "outperform," but maintained its $90 price target -- a discount to last night's close at $93.56. The brokerage firm said Apple's (AAPL) recent settlement with Qualcomm (QCOM) could create pressure for SWKS, and may limit the Massachus...Read More
CEO Ulrich Spiesshofer announced his resignationShares of Swiss engineering group ABB Ltd (NYSE:ABB) are soaring today, after CEO Ulrich Spiesshofer stepped down, to be temporarily replaced by Chairman Peter Voser. Voser announced that the company has already initiated its search for a permanent CEO. The company also reported first-quarter earnings. ABB stock is up 6% at $21.15, in response, pacin...Read More
Three stocks could help investors double their money in 2019.2019 could be a game-changer for investors... Especially those looking to potentially double their money.Those investors now have a simple blueprint to follow for success.Simply put, these three stocks could be the best way to make money in 2019 -- whether the markets are flying high, or sinking like a ship.This free Investor's Report re...Read More
The brokerage sees DPZ as an outperformer among its peersToday, Morgan Stanley weighed in on two restaurant stocks. First up, the brokerage firm downgraded Chipotle Mexican Grill, Inc. (NYSE:CMG) to "equal-weight" from "overweight," while raising its price target to $658 from $617. The analyst in coverage sees the burrito chain's upside already baked in, with sales-driving initiatives already acc...Read More
Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") announces operational and financial results for Q4 and full year 2018, and the filing of its financial statements and associated management's discussion and analysis on www.sedar.com. The Company will host a conference call on Thursday, April 18, 2019 at 10:00 A.M. Central to discuss its Q4 and full year 2018 re...Read More
Arch Coal Inc. has a novel approach to beating the market: by not getting any more valuable. The miner's stock has risen by almost 50 percent since October 2016, when it emerged from bankruptcy. Its market value, however, is roughly where it began.The variable is the share count. Arch authorized a buyback program in April 2017 and by the end of 2018 had repurchased almost 30 percent of its stock.I...Read More
Intel and Qualcomm are higher in electronic tradingDow Jones Industrial Average (DJI) futures are signaling a higher open, as traders digest data that showed the Chinese economy grew at a faster-than-anticipated pace in the first quarter. Back at home, corporate earnings continue to pour in, with Netflix (NFLX) stock up after earnings, while Intel (INTC) shares are surging on the blue chip's plans...Read More
BofA believes Aurora and Canopy Growth could do well in the global cannabis marketsOne of today's most notable headlines from Wall Street came out of BofA-Merrill Lynch, which initiated coverage on marijuana stocks Aurora Cannabis Inc (NYSE:ACB) and Canopy Growth Corp (NYSE:CGC) with "buy" ratings. Aside from the bullishness of the note, it's also noteworthy because so few Wall Street firms have y...Read More