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

MYL is trading back above its year-to-date breakeven levelMylan NV (NASDAQ:MYL) is up 1.3% to trade at $27.75, after Morgan Stanley upgraded the EpiPen maker to "overweight" from "equal weight," while trimming its price target to $35 from $39. The brokerage firm said the stock is trading nearly "historical valuation lows," and is running at a discount to its sector peers. This follows last week's...Read More

The company plans to expand production at the campusThe shares of Tilray Inc (NASDAQ:TLRY) are up 1.8% at $78.29 this morning, after the company reported that its Portuguese division's medical cannabis harvest was a success. Tilray said it has plans to expand production at the facility, with campus personnel expected to double by the end of this year. The stock is set to break its three-day losing...Read More

Year-to-date the security has shed 9%Online travel name TripAdvisor Inc (NASDAQ:TRIP) is lower in early trading, down 5.4% at $49.48, after being slammed with a bear note from Cowen and Company. The firm downgraded its rating to "underperform" from "market perform," and sliced its price target to $40 from $50. In the note, Cowen called out TripAdvisor's weak start to the year, the stock's expensi...Read More

The brokerage waxed optimistic on VYGR's gene therapy-based drug candidatesThe shares of Voyager Therapeutics Inc (NASDAQ:VYGR) jumped out of the gate, after Cantor Fitzgerald initiated coverage with an "outperform" rating and a $27 price target -- a 52% premium to last night's close at $17.76. The brokerage firm said the company's gene therapy-based drug candidates for a number of central nervous...Read More

Mining Journal takes the pulse of leading brokers on the big four London-listed diversifiedsRead full newsRead More

Call open interest is at a 52-week high on CVS CVS Health Corp (NYSE:CVS) has been getting wrecked this year. The stock began its descent back in December, shortly after touching a 52-week high of $82.15, and then it suffered a massive post-earnings bear gap last month, and has continued to slide. In fact, CVS shares closed at their lowest point in over five years yesterday, settling at $54.96. At...Read More

The 2018 trade deficit rose to a 10-year highDow Jones Industrial Average (DJI) futures are below fair value this morning, as Wall Street awaits updates on U.S.-China trade talks. A Bloomberg report indicated President Donald Trump is pressuring officials in Washington to reach a deal soon in the hopes of boosting the stock market. Investors are also digesting the latest ADP employment report, whi...Read More

The current bull market rally turns 10 years old this weekExactly 10 years ago today, the S&P 500 Index (SPX) hit its lowest point of the financial crisis. The index has quadrupled since then. On an annualized basis, the S&P 500 has gained 15% per year over the past 10 years, which has only happened a few other times (we have S&P 500 data since 1929). Looking at the chart below, 15% for 10 years i...Read More

The average analyst price target looks way too high on PXD stockPioneer Natural Resources (NYSE:PXD) has been in a long-term downtrend since peaking above $210 in May. While the security has bounced from its late-December lows, it's run into a potential wall in the form of its 80-day moving average, which could smack PXD even lower. On the fundamental front, the company is in a transition period,...Read More

A free tool can help traders bank big during the upcoming earnings season. Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to positio...Read More

The Global Mineral Professionals Alliance (GMPA) announced the launch of the Global Action on Tailings initiative, aimed at dealing with the challenges around mine waste, particularly tailings.The GMPA is an organization comprised of the Australasian Institute of Mining and Metallurgy; the Canadian Institute of Mining, Metallurgy and Petroleum; the Peruvian Institute of Mining Engineers; the Insti...Read More

The Global Mineral Professionals Alliance (GMPA) announced the launch of the Global Action on Tailings initiative, aimed at dealing with the challenges around mine waste, particularly tailings.The GMPA is an organization comprised of the Australasian Institute of Mining and Metallurgy; the Canadian Institute of Mining, Metallurgy and Petroleum; the Peruvian Institute of Mining Engineers; the Insti...Read More

Troubadour Resources (TSXV: TR) announced that it signed a letter of intent with Surespan and its wholly-owned subsidiary Privateer Gold to obtain an option to acquire all of the issued and outstanding shares of Privateer Gold.Privateer Gold is the owner of the Surespan gold property, which is made up of crown granted mineral claims and mineral tenures that cover approximately 13 square kilometres...Read More

Troubadour Resources (TSXV: TR) announced that it signed a letter of intent with Surespan and its wholly-owned subsidiary Privateer Gold to obtain an option to acquire all of the issued and outstanding shares of Privateer Gold.Privateer Gold is the owner of the Surespan gold property, which is made up of crown granted mineral claims and mineral tenures that cover approximately 13 square kilometres...Read More

Troubadour Resources (TSXV: TR) announced that it signed a letter of intent with Surespan and its wholly-owned subsidiary Privateer Gold to obtain an option to acquire all of the issued and outstanding shares of Privateer Gold.Privateer Gold is the owner of the Surespan gold property, which is made up of crown granted mineral claims and mineral tenures that cover approximately 13 square kilometres...Read More

How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More

Vancouver, British Columbia March 6, 2019 - FinCanna Capital Corp. ("FinCanna") (CSE: CALI) (OTCQB: FNNZF) a royalty company for the U.S. licensed medical cannabis industry announces that it has received US$3.9 million as partial repayment of an outstanding secured loan from Cultivation Technologies Inc. ("CTI"). These funds were generated from the sale of CTI's Coachella property as initially ann...Read More

VALLEJO - Richard and Krissy Hiteshew opened the doors to their own business 23 years ago on Valentine's Day.The idea to run his own business came to Richard Hiteshew after working for a company that didn't really fit with what he wanted for his life."My daughter had a birthday aRead full newsRead More

MEXICO CITY (AP) - Mexican President Andres Manuel Lopez Obrador says he's cancelling a gold mining project in Baja California Sur state over concerns about water supplies.Read full newsRead More

Kazakh uranium miner Kazatomprom expects further revenue growth this year on higher prices, it said on Wednesday after posting a 112 percent jump in 2018 adjusted net profit on higher sales volumes and prices.London-listed Kazatomprom's net income adjusted for one-off transactions stood at 66.8 billion tenge (about $177 million), it said in a statement.The world's biggest uranium miner said it exp...Read More