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 Executive Council of Macau has developed a proposal for legislation that, if approved by the territory’s Legislative Assembly, would see Macau joining the Kimberley Process Certification System. This was stated in an official communiqué, the Macauhub News Agency has reported. Macau is a Special Administrative Region (SAR) of the People’s Republic of China (PRC), located on t...Read More

Have you received your tax refund yet?Chances are good that if you were owed a refund, your return has been delayed. The government shutdown caused the IRS to furlough workers during some of the most important weeks for processing tax returns. And it’s taking the agency time to catch up.So even if you were responsible and filed your tax return well ahead of the crowd, you may still be waitin...Read More

This morning the rah-rah men put out their tongues at the bears, placed their thumbs in their ears… and wiggled their fingers in mockery...For the March jobs report came issuing from the Department of Labor.And it trounced estimates.The economy added 196,000 nonfarm jobs last month - economists expected a figure in the range of 175,000.The March unemployment rate held steady at a lovely 3.8%...Read More

Forget pot.Forget 5G.These opportunities aren't as big as the one I've been talking about for the past year...Space.Now, UBS is backing me up.Maybe analyst Carl Berrisford has been reading, because he just released a report that estimates space-based manufacturing could triple to more than $1 trillion from $340 billion in the next 20 years.And in the next 10 years alone, it will easily double, sur...Read More

Bonterra Resources Inc. (TSXV:BTR, OTCQX:BONXF, FSE:9BR1) (Read full newsRead More

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A strong session from Boeing helped lift the DowThe Dowrose convincingly today on hopes for a U.S.-China trade deal. The S&P 500 also managed to settle in positive territory -- bringing its daily win streak to six, the longest since February 2018 -- though the Nasdaq failed to mimic that strength, ending in the red as tech and Tesla shares weighed. While trade talks will likely continue to grab Wa...Read More

How subscribers turned CREE's 8% week-to-date rally into money-doubling option profitsSubscribers to Schaeffer's Weekly Options Countdown options recommendation service just doubled their money in only a few trading days with the Cree Inc (NASDAQ:CREE) weekly 4/5 55.50-strike call. Here's a quick look at why we expected a big upside move from the semiconductor concern this week, and how the prof...Read More

The shares found a foothold at their 40-day moving averageThe U.S. stock market is mostly higher today on optimism surrounding U.S.-China trade talks. Among individual stocks making notable moves are streaming specialist Roku Inc (NASDAQ:ROKU), U.K.-based software firm Micro Focus International PLC (NYSE:MFGP), and home furnishings retailer At Home Group Inc (NYSE:HOME). Here's a quick roundup of...Read More

Americas Silver Corp.'s (TSE: USA) stock was up over 23% Thursday, after announcing that Sandstorm Gold Royalties is making a $42.5 million investment in the company to fund the restart of Relief Canyon gold mine, 160 km northeast of Reno. The investment includes a $25 million gold stream and royalty on the Relief Canyon mine when it reopens, a $10 million convertible debenture, and a $7.5 millio...Read More

Americas Silver Corp.'s (TSE: USA) stock was up over 23% Thursday, after announcing that Sandstorm Gold Royalties is making a $42.5 million investment in the company to fund the restart of Relief Canyon gold mine, 160 km northeast of Reno. The investment includes a $25 million gold stream and royalty on the Relief Canyon mine when it reopens, a $10 million convertible debenture, and a $7.5 millio...Read More

Americas Silver Corp.'s (TSE: USA) stock was up over 23% Thursday, after announcing that Sandstorm Gold Royalties is making a $42.5 million investment in the company to fund the restart of Relief Canyon gold mine, 160 km northeast of Reno. The investment includes a $25 million gold stream and royalty on the Relief Canyon mine when it reopens, a $10 million convertible debenture, and a $7.5 millio...Read More

First China, now India...Read full newsRead More

RES shares got a rare upgrade todayOilfield services stock RPC, Inc. (NYSE:RES) is trading up 5.9% today at $12.35, thanks to an upgrade to "overweight" from "underweight" at Morgan Stanley. The brokerage firm also lifted its price target to $15 from $11, territory not seen since early November. The bull note is a rarity for RES shares, which right now have just two positive ratings among the ana...Read More

The outlook has improved for Pretium Resources, (TSE: PVG). The miner's shares climbed nearly 9% Thursday, after announcing "robust economics" and plans to ramp-up production, exploration, and resource numbers at its Brucejack gold-silver mine in British Columbia.The Brucejack mine is increasing throughput to 3,800 tonnes per day, up from 2,700 tonnes per day over the course of the year - a 4...Read More

The outlook has improved for Pretium Resources, (TSE: PVG). The miner's shares climbed nearly 9% Thursday, after announcing "robust economics" and plans to ramp-up production, exploration, and resource numbers at its Brucejack gold-silver mine in British Columbia.The Brucejack mine is increasing throughput to 3,800 tonnes per day, up from 2,700 tonnes per day over the course of the year - a 4...Read More

The outlook has improved for Pretium Resources, (TSE: PVG). The miner's shares climbed nearly 9% Thursday, after announcing "robust economics" and plans to ramp-up production, exploration, and resource numbers at its Brucejack gold-silver mine in British Columbia.The Brucejack mine is increasing throughput to 3,800 tonnes per day, up from 2,700 tonnes per day over the course of the year - a 4...Read More

It's high quality and the price is a bargain, but the risk may be too great for Chinese buyers looking for a quick profit.Newcastle thermal coal prices have lost almost $20 a ton, or almost 19 percent, since early March, making supplies from Australia cheaper than Chinese domestic grades for the first time since April 2018, but there's a catch. Coal from the world's second-biggest exporter has bee...Read More

A historically bullish signal just flashed on the charts for Canopy Cannabis concern Canopy Growth Corp (NYSE:CGC) got off to a hot start in 2019, and is now up 61.1% year-to-date. The equity has taken a breather after bounding up the charts earlier this year, with support at the $42 level serving as a recent floor. While the stock is inching lower today, a historically bullish signal just flashed...Read More