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

Wolfden Resources' (CVE: WLF) stock was up nearly 6% on Tuesday, after Kinross Gold (TSE: K) acquired 12.5 million shares at $0.20 a share -a $2.5 million investment - for a 9.7% stake in the junior exploration company.The two companies will form of a committee to explore Wolfden's 100%-owned Pickett Mountain volcanogenic massive sulphide (VMS) deposit in northeastern Maine.Wolfden describes Picke...Read More

Wolfden Resources' (CVE: WLF) stock was up nearly 6% on Tuesday, after Kinross Gold (TSE: K) acquired 12.5 million shares at $0.20 a share -a $2.5 million investment - for a 9.7% stake in the junior exploration company.The two companies will form of a committee to explore Wolfden's 100%-owned Pickett Mountain volcanogenic massive sulphide (VMS) deposit in northeastern Maine.Wolfden describes Picke...Read More

Wolfden Resources' (CVE: WLF) stock was up nearly 6% on Tuesday, after Kinross Gold (TSE: K) acquired 12.5 million shares at $0.20 a share -a $2.5 million investment - for a 9.7% stake in the junior exploration company.The two companies will form of a committee to explore Wolfden's 100%-owned Pickett Mountain volcanogenic massive sulphide (VMS) deposit in northeastern Maine.Wolfden describes Picke...Read More

Wolfden Resources' (CVE: WLF) stock was up nearly 6% on Tuesday, after Kinross Gold (TSE: K) acquired 12.5 million shares at $0.20 a share -a $2.5 million investment - for a 9.7% stake in the junior exploration company.The two companies will form of a committee to explore Wolfden's 100%-owned Pickett Mountain volcanogenic massive sulphide (VMS) deposit in northeastern Maine.Wolfden describes Picke...Read More

Analysts maintain 100% "buy" ratings on each stockAnalyst sentiment is bullish toward FAANG stock Amazon.com, Inc. (NASDAQ:AMZN), oil major Marathon Petroleum Corp (NYSE:MPC), and electronics measurements specialist Keysight Technologies Inc (NYSE:KEYS), with FactSet data showing 100% "buy" ratings for each of these equities. Here's a closer look at how the shares of AMZN, MPC, and KEYS have perfo...Read More

New Age Beverages gave a 2019 forecast that exceeded expectationsThe Dow is heading toward its fifth straight win ahead of tomorrow's Fed announcement. Among stocks making particular noise today are CBD drink specialist New Age Beverages Corp (NASDAQ:NBEV), meal delivery firm GrubHub Inc (NYSE:GRUB), and drugmaker Vaxart Inc (NASDAQ:VXRT). Here's a quick look at what's got the shares of NBEV, GRUB...Read More

Endeavour Mining Corp. of London has poured its first dor?(C) bar from its Ity carbon-in-leach project four months earlier than planned and well under its $412 million budget. The bar contains about 1,800 oz. of gold.The CIL plant is already running at its 4 million t/y capacity following the quick ramp up. Commercial production will probably be declared early in Q2 2019.Endeavour has launched an...Read More

Endeavour Mining Corp. of London has poured its first dor?(C) bar from its Ity carbon-in-leach project four months earlier than planned and well under its $412 million budget. The bar contains about 1,800 oz. of gold.The CIL plant is already running at its 4 million t/y capacity following the quick ramp up. Commercial production will probably be declared early in Q2 2019.Endeavour has launched an...Read More

Endeavour Mining Corp. of London has poured its first dor?(C) bar from its Ity carbon-in-leach project four months earlier than planned and well under its $412 million budget. The bar contains about 1,800 oz. of gold.The CIL plant is already running at its 4 million t/y capacity following the quick ramp up. Commercial production will probably be declared early in Q2 2019.Endeavour has launched an...Read More

Wednesday's Federal Reserve Open Markets Committee (FOMC) meeting is expected to confirm market expectations that the Federal Reserve will remain on hold for the rest of the year. This decision could have significant implications on the gold market, according to analysts at the World Gold Council (WGC).Monetary policy dictates gold priceHistorically, monetary policy has been a key catalyst for cha...Read More

Wednesday's Federal Reserve Open Markets Committee (FOMC) meeting is expected to confirm market expectations that the Federal Reserve will remain on hold for the rest of the year. This decision could have significant implications on the gold market, according to analysts at the World Gold Council (WGC).Monetary policy dictates gold priceHistorically, monetary policy has been a key catalyst for cha...Read More

HUN just sounded a bullish signal on the chartsChemical manufacturer Huntsman Corporation (NYSE:HUN) has been the recipient of analyst attention of late, with RBC cutting its price target to $27 from $28 overnight after the company updated its outlook for the first quarter. As such, the stock is down 0.5% at $22.35 -- pacing toward a fourth straight loss. However, the security has now pulled back...Read More

Testing the high-grade Vertigo, GS West, Ryan's Surprise discoveries high on the priority listRead full newsRead More

It is unlikely the Fed will announce a rate hike tomorrowEyeing a fifth straight win, the Dow Jones Industrial Average (DJI) is comfortably higher, up 134 points at midday, as investor focus shifts to the two-day Fed meeting, currently underway. Investors don't expect a policy change from the central bank, but will pore over tomorrow's statement for shifts in economic and rate forecasts. The S&P 5...Read More

Nvidia, Google, and EA are all making headlines todayDigging through some of the top stories on Wall Street today, there's a lot to take in for video game lovers. Among the names making noise are chipmaker Nvidia Corporation (NASDAQ:NVDA), tech giant Alphabet Inc (NASDAQ:GOOGL), and Madden publisher Electronic Arts Inc. (NASDAQ:EA). Below we'll look at the news around the shares of NVDA, GOOGL, an...Read More

Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More

The S&P has outperformed when an SEC team takes home the trophyMarch Madness is once again upon us, with Round 1 games kicking off this week. While many of us here at Schaeffer's are rooting for our hometown Cincinnati Bearcats, history indicates stock market bulls may want to root for a 2 seed this year, if past is prologue. Below are S&P 500 Index (SPX) returns from April through December, depen...Read More

Tilray's fourth-quarter revenue exceeded analyst expectationsTwo pot stocks are making headlines today. First up, Tilray Inc (NASDAQ:TLRY) is down 0.7% to trade at $71.76 -- bringing its month-to-date deficit to 11.5% -- after the company reported a fourth-quarter loss. However, the damage is held in check as revenue exceeded analyst expectations and full-year sales more than doubled year-over-yea...Read More

The brokerage firm raised its CHK price target by more than 12%Raymond James raised its price target on Chesapeake Energy Corporation (NYSE:CHK) stock to $4.50 from $4.00 -- a nearly 43% premium to last night's close -- and reiterated its "outperform" rating. The brokerage firm cited expectations the mining company will be cash neutral next year, as Chesapeake "looks to continue paring down debt."...Read More

One of last year's best-performing hedge funds says the "trade of the century" is to buy gold and sell stocks as risk assets are due for another meltdown.It's only a matter of time until the bearish bet pays off big, according to Crescat Capital LLC. While the Denver-based firm has only about $50 million under management, it has a history of outperforming the S&P 500 Index - with its Global Macro...Read More