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

We recently called out the support of the 80-day, but new data has emergedCaterpillar Inc. (NYSE:CAT) has enjoyed a series of higher highs and lows since its October bottom near $112, riding technical support atop the 80-day moving average to trade at $141.70. However, new data suggests CAT stock could due for some short-term turbulence, especially with earnings set to hit next Wednesday, April 24...Read More

Kinross Gold Corporation (TSX: K) (NYSE: KGC) announced several changes to its senior leadership structure on Tuesday, including the appointment of Paul Tomory as EVP and CTO.Lauren Roberts, SVP and COO, and Gina Jardine, SVP, Human Resources, will be leaving the company by mutual agreement. As well, the SVPs of the company's three operating regions - the Americas, Russia and West Africa - will...Read More

The next financial bubble burst could be so massive, it even takes out gold. One economist is making a very bold prediction.This man says that the colossal financial bubble that exists in today's economy is stretching closer and closer to its breaking point.And when it does pop -- soon, very soon -- it's not only going to take out the entire stock market... it'll absolutely crush other assets too....Read More

Kinross Gold Corporation (TSX: K) (NYSE: KGC) announced several changes to its senior leadership structure on Tuesday, including the appointment of Paul Tomory as EVP and CTO.Lauren Roberts, SVP and COO, and Gina Jardine, SVP, Human Resources, will be leaving the company by mutual agreement. As well, the SVPs of the company's three operating regions - the Americas, Russia and West Africa - will...Read More

Zuckerberg's leveraging of FB user data prompted one of his employees to compare him to a villain from Game of Thrones.Read full newsRead More

Precious metals traders are using the 'f' word a lot this morning...Read full newsRead More

New Gold Inc. (TSE: NGD) has received federal environmental approval for its 100% owned C$1.8B Blackwater gold project proposal in British Columbia, Canada.The Minister of Environment and Climate Change announced that the proposed project can proceed following an environmental assessment process that concluded the project is not likely to cause significant adverse environmental effects when miti...Read More

New Gold Inc. (TSE: NGD) has received federal environmental approval for its 100% owned C$1.8B Blackwater gold project proposal in British Columbia, Canada.The Minister of Environment and Climate Change announced that the proposed project can proceed following an environmental assessment process that concluded the project is not likely to cause significant adverse environmental effects when miti...Read More

New Gold Inc. (TSE: NGD) has received federal environmental approval for its 100% owned C$1.8B Blackwater gold project proposal in British Columbia, Canada.The Minister of Environment and Climate Change announced that the proposed project can proceed following an environmental assessment process that concluded the project is not likely to cause significant adverse environmental effects when miti...Read More

The price of gold came under pressure on Tuesday ahead of a long weekend for North American markets, dropping to its lowest level yet in 2019. Gold for delivery in June fell to $1,275.50 per ounce in heavy volume of nearly 30m ounces traded as investors rotate money out of gold and into US stock markets, which are slowly creeping back into record territory.Also weighing on sentiment is a new repor...Read More

However, the DJI is off its session highsThe Dow Jones Industrial Average (DJI) is off its intraday highs, but remains comfortably above breakeven, with help from blowout earnings from Johnson & Johnson (JNJ). However, while UnitedHealth Group (UNH) stock initially moved higher after earnings, it's now the worst blue chip at midday, as health insurers sink on concerns about proposed changes to th...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 tech stock is trading in record-high territoryCloud-based software concern Oracle Corporation (NYSE:ORCL) has been rallying hard since its December lows, up more than 28% in that time frame. The stock just touched an all-time high on April 1, and we believe now is an opportune time to bet on its next leg higher. In spite of ORCL's impressive rally, the brokerage bunch is still sitting on the...Read More

Zinc is coming under sustained attack from bearish funds.The trigger for the assault was Tuesday morning's London Metal Exchange (LME) stocks report, showing 10,625 tonnes of inflow into exchange warehouses.The London zinc price slumped from $2,867.00 per tonne to $2,821.50 in 30 minutes. It stabilised briefly before heading lower and was last around $2,815.00.Funds have pounced on the stocks sign...Read More

D.A. Davidson says ELF shares could have a lot of room to rune.l.f. Beauty Inc (NYSE:ELF) is trading up 4.8% this morning at $12.11, putting some distance between the stock and its 200-day moving average, while setting it up for the highest close since early December. Sparking the latest move higher from ELF shares is an upgrade to "buy" from "neutral" at D.A. Davidson, which more than doubled its...Read More

A short squeeze could propel CRSP higherTwo pharma names are scaling the Nasdaq this morning, thanks to favorable rulings from the Food and Drug Administration (FDA). First up is CRISPR Therapeutics AG (NASDAQ:CRSP), up 9.1% to trade at $40.52, after the FDA granted fast-track designation for CTX001 -- atreatment of transfusion-dependent beta thalassemia, a blood disorder -- made by CRISPR and V...Read More

Ahead of the Herd has been digging into why central banks are buying a lot of gold recently. What we've found is eyebrow-raising, to say the least. It may be the best reason you've ever read for wanting to buy gold.Take this headline from the Northern Miner: "Editorial: Central banks are major gold buyers in 2019". Citing statistics from the World Gold Council, the Northern Miner reports that cent...Read More

Ahead of the Herd has been digging into why central banks are buying a lot of gold recently. What we've found is eyebrow-raising, to say the least. It may be the best reason you've ever read for wanting to buy gold.Take this headline from the Northern Miner: "Editorial: Central banks are major gold buyers in 2019". Citing statistics from the World Gold Council, the Northern Miner reports that cent...Read More

The stock is trading near the top of the Dow this morningUnitedHealth Group Inc (NYSE:UNH) stock is near the top of the Dow this morning, after the largest U.S. health insurer reported stronger-than-expected adjusted first-quarter profit of $3.73 per share and revenue of $60.31 billion. UNH also boosted its full-year profit forecast, thanks to higher prescription volumes atits pharmacy benefits bu...Read More

Final data for the Phase 1 study is being poorly received The shares of WAVE Life Sciences Ltd (NASDAQ:WVE) are near the bottom of the Nasdaq today, after the biotech released data for its Duchenne muscular dystrophy (DMD) treatment, suvodirsen. Safety and tolerability data for the Phase 1 study appeared worse than rival Sarepta Therapeutics' (SRPT) DMD drug, eteplirsen. As a result, WVE stock is...Read More