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
Low rates set off a borrowing boom. But will it all end badly?Read full newsRead More
Fortune Minerals Limited (TSX:FT; OTCQX:FTMDF) (Read full newsRead More
Tarku Resources Ltd. (TSXV:TKU) (theRead full newsRead More
After a hope-filled rebound in February, Conference Board Consumer Confidence tumbled in March with Present Situation plunging to 11-month lows.Read full newsRead More
Apple headwinds also pulled indexes off their session highsThe Dow jumped to a 279-point lead in early trading, as Wall Street cheered stabilizing bond yields following last week's post-Fed recession scare. Optimism ahead of high-level U.S.-China trade talks and a bouncing bank sector also buoyed stocks. The Dow, S&P 500, and Nasdaq all settled well off their intraday highs, though, on a batch of...Read More
Bushveld gets competition as Ferro-Alloy Resources Group adds London to its Kazakh listingRead full newsRead More
Artificial intelligence may revolutionize trading.Sometimes watching the market can feel like riding a roller coaster.Many investors feel glued to the news, watching the market rise and fall hundreds of points, day after day, week after week.But savvy traders know these market conditions mean huge profit potential for anyone that knows how to trade them.And one "secret" that more and more traders...Read More
Australian rare earths miner Lynas Corp (ASX: LYC) has declined to engage with conglomerate Wesfarmers on its conditional $1.1 billion takeover approach for the only proven producer of rare earth elements outside China. Wesfarmers had made a buyout offer of A$2.25 per Lynas share.Australian retail-to-chemicals company Wesfarmers had approached a vulnerable Lynas Corp with a A$1.5 billion ($1.1B)...Read More
Cantor Fitzgerald is already bullish on ALDX's big breakthroughThe Dow is modestly higher today, thanks to a resurgent tech sector. Of the stocks making particular noise today, blue chip McDonald's Corp (NYSE:MCD), biotech Aldeyra Therapeutics Inc (NASDAQ:ALDX), and mining name Freeport-McMoRan Inc (NYSE:FCX) are all climbing. Here's a quick look at what's got the shares of MCD, ALDX, and FCX mov...Read More
After promising to sweeten the pot with the largest dividend in 32 years, Newmont Mining Corp. has won over two of its biggest investors - and an independent shareholder advisory firm - to the merits of a $10 billion merger with Goldcorp Inc."Paulson & Co. commends the special dividend to Newmont shareholders," a spokesman said Monday by email. "Since the Newmont board and other significant shareh...Read More
After promising to sweeten the pot with the largest dividend in 32 years, Newmont Mining Corp. has won over two of its biggest investors - and an independent shareholder advisory firm - to the merits of a $10 billion merger with Goldcorp Inc."Paulson & Co. commends the special dividend to Newmont shareholders," a spokesman said Monday by email. "Since the Newmont board and other significant shareh...Read More
Chinese e-commerce stock Baozun just met up with a reliably bullish trendlineShares of the Chinese e-commerce company Baozun Inc (NASDAQ:BZUN) have slowly been making a comeback after hitting new annual lows towards the end of December. Now, the stock is up 28.4% year-to-date, and in today's session has gained 1.7% to $37.53. However, it's not too late to get in on BZUN's comeback -- the stock jus...Read More
Troilus Gold Corp. of Toronto reports finding a new mineralized zone in the southeast part of the J zone at the past producing Troilus gold-copper mine in the Abitibi region, 175 km from Chibougamau, Quebec. The gold-rich area is about 30 metres from surface and open at depth.Highlights of the new zone include:Hole TLG-J419-091: 1.29 g/t gold and 0.09% copper over 22 metres (1.43 g/t gold equivale...Read More
Troilus Gold Corp. of Toronto reports finding a new mineralized zone in the southeast part of the J zone at the past producing Troilus gold-copper mine in the Abitibi region, 175 km from Chibougamau, Quebec. The gold-rich area is about 30 metres from surface and open at depth.Highlights of the new zone include:Hole TLG-J419-091: 1.29 g/t gold and 0.09% copper over 22 metres (1.43 g/t gold equivale...Read More
Troilus Gold Corp. of Toronto reports finding a new mineralized zone in the southeast part of the J zone at the past producing Troilus gold-copper mine in the Abitibi region, 175 km from Chibougamau, Quebec. The gold-rich area is about 30 metres from surface and open at depth.Highlights of the new zone include:Hole TLG-J419-091: 1.29 g/t gold and 0.09% copper over 22 metres (1.43 g/t gold equivale...Read More
Troilus Gold Corp. of Toronto reports finding a new mineralized zone in the southeast part of the J zone at the past producing Troilus gold-copper mine in the Abitibi region, 175 km from Chibougamau, Quebec. The gold-rich area is about 30 metres from surface and open at depth.Highlights of the new zone include:Hole TLG-J419-091: 1.29 g/t gold and 0.09% copper over 22 metres (1.43 g/t gold equivale...Read More
TEVA is in the news after Purdue Pharma settled in an Oklahoma opioid lawsuitTeva Pharmaceutical Industries Ltd (NYSE:TEVA) is in the news today, after OxyContin maker Purdue Pharma and several members of the Sackler family, which own the company, reached a $270 million settlement with the state of Oklahoma over a 2017 lawsuit that accused Purdue Pharma, Johnson & Johnson (JNJ), and Teva Pharmaceu...Read More
LULU recently breached its 50-day moving averageYoga apparel retailer Lululemon Athletica inc. (NASDAQ:LULU) is down 1.1% at $145.03 in afternoon trading, as traders gear up for the company's fourth-quarter earnings -- set for release after the market closes tomorrow, March 27. Below, we will take a look at dig into how LULU has been faring on the charts, and see what the options market is pricin...Read More
Newrange Gold Corp. (TSXV:NRG, OTCQB:NRGOF, Frankfurt:X6C)(Read full newsRead More
The tech name tends to struggle in AprilIt's been a blazing hot start to 2019 for the U.S. stock market, with the S&P 500 Index (SPX) pacing for a first-quarter gain of 12.5%. History suggests this positive price action will continue in the near term, considering April is a seasonally strong month for stocks. Nevertheless, a number of individual names have struggled to capitalize on the broader ta...Read More