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

Gold has faded from interest in the past couple months, overshadowed by the monster stock-market rally. But gold has been consolidating high, quietly basing before its next challenge to major $1350 bull-market resistance. A decisive breakout above will really catch investors' attention, greatly improving sentiment and driving major capital inflows. With gold-futures speculators not very lo...Read More

Gold has faded from interest in the past couple months, overshadowed by the monster stock-market rally. But gold has been consolidating high, quietly basing before its next challenge to major $1350 bull-market resistance. A decisive breakout above will really catch investors' attention, greatly improving sentiment and driving major capital inflows. With gold-futures speculators not very lo...Read More

The 'excuses' that Hatzius et al. use this time for their even-more-dovish tilt - despite rosier growth forecasts - are simple: no-flation and Trump.Read full newsRead More

It also marks the fourth change to the Model 3's starting price online this year - and it's barely even April. Read full newsRead More

So much for fears the banks would drag down Q1 earnings season?Read full newsRead More

One month ago, we asked if that was it for China'sRead full newsRead More

The Dow closed more than 269 points higherU.S. stocks closed comfortably in the black following a strong start to first-quarter earnings season. The Dow jumped 269 points on the back of impressive results from bank giant JPMorgan Chase (JPM), while Walt Disney (DIS) had its best day since May 2009 thanks to Disney+ details. The S&P 500 and Nasdaq surged, as well, with the former settling above the...Read More

The downside comes even amid an up day for the broader stock marketThe U.S. stock market is solidly higher today, boosted by an impressive start to earnings season and optimism over Disney's new streaming service. Among other names making notable moves are food delivery name GrubHub Inc (NYSE:GRUB), energy drink manufacturer Monster Beverage Corp (NASDAQ:MNST), and oil-and-gas issue Chesapeake Ene...Read More

Shares in Coeur Mining (NYSE: CDE), the second largest primary silver producer in the US, took a 3.9% hit Thursday, after reporting that first quarter 2019 gold and silver production had decreased at three of its five mines. Friday's gold and silver spot prices were steady at $1,290.33 and $14.98 per ounce.Total production for the first quarter of the year was 78,336 ounces of gold, 2.5 million o...Read More

Shares in Coeur Mining (NYSE: CDE), the second largest primary silver producer in the US, took a 3.9% hit Thursday, after reporting that first quarter 2019 gold and silver production had decreased at three of its five mines. Friday's gold and silver spot prices were steady at $1,290.33 and $14.98 per ounce.Total production for the first quarter of the year was 78,336 ounces of gold, 2.5 million o...Read More

Shares in Coeur Mining (NYSE: CDE), the second largest primary silver producer in the US, took a 3.9% hit Thursday, after reporting that first quarter 2019 gold and silver production had decreased at three of its five mines. Friday's gold and silver spot prices were steady at $1,290.33 and $14.98 per ounce.Total production for the first quarter of the year was 78,336 ounces of gold, 2.5 million o...Read More

ANTM and UNH are set for their worst weeks in a decadeThere's been a lot going on in the healthcare sector lately, and the uncertainty is weighing on a number of stocks in the space. In fact, the Health Care Select Sector SPDR ETF (XLV) is off another 0.5% today at $90.17, and two specific names joining in on the weakness are Anthem Inc (NYSE:ANTM) and UnitedHealth Group Inc (NYSE:UNH). Both are s...Read More

First Cobalt Corp aims to restart an idled cobalt refinery in Canada within two ...Read full newsRead More

The shares are already flirting with all-time highsPharmaceutical cloud concern Veeva Systems Inc (NYSE:VEEV) scored a price-target hike to $160 from $140 at D.A. Davidson today, with the new target representing uncharted territory for the shares. What's more, VEEV recently flashed a bullish signal, suggesting now could be an opportune time for traders to buy call options on the stock.At last chec...Read More

The boards of Orocobre (TSX: ORL; ASX: ORE) and Toyota Tsusho Corp. have given the green light to building the Naraha lithium hydroxide plant, which will be the first of its kind in Japan.The majority of production will feed the Japanese battery industry and will be sourced from the lithium carbonate produced from the phase two expansion of Orocobre's Olaroz mine in northern Argentina's Jujuy pr...Read More

The boards of Orocobre (TSX: ORL; ASX: ORE) and Toyota Tsusho Corp. have given the green light to building the Naraha lithium hydroxide plant, which will be the first of its kind in Japan.The majority of production will feed the Japanese battery industry and will be sourced from the lithium carbonate produced from the phase two expansion of Orocobre's Olaroz mine in northern Argentina's Jujuy pr...Read More

The S&P saw its eight-day winning streak snapped earlier this weekThis week had a little bit of everything on Wall Street. The S&P 500nabbed its longest wining streak in 18 months, but then saw that streak snapped amid renewed tariff tensions with the European Union (EU). A dovish Fed gave stocks a mid-week boost, while investors digested the first round of big bank earnings. Elsewhere, oil prices...Read More

Goldman has tacked on 24% this yearFirst-quarter earnings season kicked off on a high note today, thanks to strong results from financial JPMorgan Chase (JPM). Fellow blue-chip bank name Goldman Sachs Group Inc (NYSE:GS) is scheduled to report earnings this Monday, April 15, and will unveil its results before the opening bell. Looking at the charts, GS has added 24% year-to-date, one of the best...Read More

How to profit from a big move in either directionWith earnings season right around the corner, options players might want to look into employing a long straddle strategy. A long straddle is typically used ahead of expected volatility (such as before earnings or a product launch), when the trader expects a big move but isn't sure of the direction. It can also be used in anticipation of a breakout p...Read More

Most of Wall Street is bearish on RDFNOnline real estate specialist Redfin Corp (NASDAQ:RDFN) this morning received an "outperform" designation from Wedbush, which also set a $30 price target on the stock, saying in the note that the company's relationship with technology will help it grow its market share. This vote of confidence in RDFN is noteworthy given the broader sentiment picture across Wa...Read More