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

Toronto-based Kirkland Lake Gold has filed an updated 43-101 resource report for its Macassa gold mine in the town of Kirkland Lake. The report includes resources at Dec. 31 ,2018.Two important zones - Main/04 break and South mine complex - are detailed. The Main/'04 break has 775,000 measured and indicated tonnes averaging 17.9 g/t gold and containing 447,000 oz. The South mine complex has 1.0 mi...Read More

Hecla Mining Co., headquartered in Coeur d'Alene, Idaho, has filed an updated resource estimate for the Casa Berardi gold mine 95 km north of La Sarre, in the Abitibi region.Using a gold price of $1,200 per ounce, Hecla estimates the Casa Berardi reserves contain 1.9 million oz. of gold. The largest increases occurred in the proposed west mine crown pillar and principal pits.Proven and probable re...Read More

Hecla Mining Co., headquartered in Coeur d'Alene, Idaho, has filed an updated resource estimate for the Casa Berardi gold mine 95 km north of La Sarre, in the Abitibi region.Using a gold price of $1,200 per ounce, Hecla estimates the Casa Berardi reserves contain 1.9 million oz. of gold. The largest increases occurred in the proposed west mine crown pillar and principal pits.Proven and probable re...Read More

Hecla Mining Co., headquartered in Coeur d'Alene, Idaho, has filed an updated resource estimate for the Casa Berardi gold mine 95 km north of La Sarre, in the Abitibi region.Using a gold price of $1,200 per ounce, Hecla estimates the Casa Berardi reserves contain 1.9 million oz. of gold. The largest increases occurred in the proposed west mine crown pillar and principal pits.Proven and probable re...Read More

Deutsche Bank sees huge potential for the shopping experience on InstagramDeutsche Bank analysts this morning released a note on Facebook Inc (NASDAQ:FB) that's getting a lot of attention on Wall Street, lifting the shares of the social media giant and sparking heavy options trading. The brokerage firm wrote that FB could see a $10 billion increase in sales for the fiscal year 2021 thanks to its n...Read More

Drilling 100 metres to the west of the diorite that hosts Wesdome Gold Mines' (TSX: WDO) Eagle River mine in Ontario has encountered a new discovery zone called Falcon, the company reports.Surface exploration drilling returned 73.5 grams gold over 1.3 metres starting from 209 metres downhole and 18.5 grams gold over 5.8 metres from 170 metres downhole.It is a positive indication of the potential g...Read More

Drilling 100 metres to the west of the diorite that hosts Wesdome Gold Mines' (TSX: WDO) Eagle River mine in Ontario has encountered a new discovery zone called Falcon, the company reports.Surface exploration drilling returned 73.5 grams gold over 1.3 metres starting from 209 metres downhole and 18.5 grams gold over 5.8 metres from 170 metres downhole.It is a positive indication of the potential g...Read More

The equity is down today on competition concernsE-commerce name Shopify Inc (NYSE:SHOP) is trading down 1.9% at $202.32 this afternoon, lower on reports that Microsoft (MSFT) is considering creating a competitor. However, SHOP stock may be worth betting on, if history is any indicator.On the charts, SHOP hasadded 65% since this time last year, and just yesterday touched a fresh record high of $210...Read More

Seasonality is on the stock's sideApple supplier Broadcom Inc (NASDAQ:AVGO) touched an all-time high of $307.35 earlier today before turning lower. However, the semiconductor concern could have more gas in the tank, if history is any indicator, and speculators may want to consider buying short-term AVGO calls.Broadcom shares gapped higher on March 15 after the company's strong earnings showing. Si...Read More

Steppe Gold Limited (TSX:STGO) (the "Company" or "Steppe Gold") is pleased to provide a corporate update and announced today the filing of its audited consolidated financial statements as at the and for the three and twelve months ended December 31, 2018 and the Management's Discussion & Analysis related thereto, which are available on SEDAR and at www.steppegold.com.Read full newsRead More

SGMO stock is headed toward its best day since May 2017The shares of Sangamo Therapeutics Inc (NASDAQ:SGMO) are on fire, after the California-based biotech reported positive data in a phase 1/2 study for its gene therapy hemophilia treatment that's being developed with Pfizer (PFE). The company also unveiled upbeat data for an early stage study for a gene therapy being developed with Sanofi (SNY)....Read More

The DJI is lower after three straight gainsBlue chip Walgreens Boots Alliance's (WBA) negative earnings reaction continues to drag down the Dow Jones Industrial Average (DJI), with the index down more than 100 points at midday. In addition, the latest durable goods data took some of the wind out of the bulls' sails. Elsewhere, the S&P 500 Index (SPX) is also lower due to an underperforming consu...Read More

Starbucks stock has only suffered two weekly losses in 2019Starbucks Corporation (NASDAQ:SBUX) stock has been red-hot in 2019, coming off a record high of $74.93 yesterday. Today, SBUX is up 0.4% to trade at $74.19, and options traders may want to set their sights on higher highs for the coffee stock, if history is any guide.Specifically, the stock's Schaeffer's Volatility Index (SVI) of 16% ranks...Read More

The U.K.'s financial regulator has added a small diamond pricing firm to its roster of companies managing market benchmarks, opening the way to making the precious stones a more investable asset.The Financial Conduct Authority has authorized U2 Diamond Prices Ltd. as a benchmark administrator, joining firms such as FTSE International Ltd. and ICE Benchmark Administration Ltd. The move will allow f...Read More

The Ugandan government is making another attempt to reopen a defunct copper mine estimated to contain 4 million tonnes of ore, it said on Tuesday, and several international firms have expressed interest in the project.Once a major producer of copper and cobalt, Kilembe was abandoned by Canadian firm Falconbridge in the 1970s when Uganda's economy stagnated under the erratic leadership of dictator...Read More

The Ugandan government is making another attempt to reopen a defunct copper mine estimated to contain 4 million tonnes of ore, it said on Tuesday, and several international firms have expressed interest in the project.Once a major producer of copper and cobalt, Kilembe was abandoned by Canadian firm Falconbridge in the 1970s when Uganda's economy stagnated under the erratic leadership of dictator...Read More

Union Pacific's buyback program could create tailwinds for the stockFreight giant Union Pacific Corporation (NYSE:UNP) has put together a strong 2019, adding over 20% year-to-date. Back in early February, the company announced a massive buyback plan that amounted to 20% of the outstanding shares, which should act as a tailwind going forward. Plus, UNP recently bounced from the $160 level, site of...Read More

LYFT's IPO was priced at $72 last weekThe run-up to the initial public offering (IPO) of Lyft Inc (NASDAQ:LYFT) was treated with much fanfare. The shares have gotten off to a rocky start, shedding 26% from their March 29 open at $87.24 to yesterday's close at $69.01. Today, LYFT stock hit a record low of $66.10 -- well below its $72 IPO price -- and was last seen down 1.3% to trade at $68.08.Anal...Read More

One group of Canadian oil producers is gaining from the output cuts imposed by Alberta: the small explorers.The local wildcatters that pump light crude far from the giant oil-sands mines of northern Alberta are getting a big price boost from the curtailments announced at the start of December, without the headaches. Many of them are exempt from the cuts and they sell most of their oil locally, so...Read More

ISRG historically performs well in AprilRobotic surgery expert Intuitive Surgical, Inc. (NASDAQ:ISRG) has been a long-term gem on the charts, posting five straight yearly gains, including advances of31.2%, 72.6% and 16.1% over just the past three years. Already in 2019, ISRG shares have added more than 20%, trading near record highs at yesterday's close of $575.54, and seasonal data shows that bul...Read More