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

With the global race to secure lithium heating up in 2016, Chile's president Michelle Bachelet wanted to be sure her country seized the moment. Home to half the world's lithium reserves, Chile tapping its state-run miner Codelco to ramp up production seemed a sure bet.Chile's most trusted public enterprise, she said, could hunt for private partners to help it mine its own lithium for the good of a...Read More

Target reported its best traffic growth in yearsStocks are cautiously higher in afternoon trading, with the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) a hair above breakeven, at last check. Traders continue to await news regarding a U.S.-China trade deal, and this morning digested a cuteconomic growth target from Beijing. Elsewhere, Wall Street is applaud...Read More

Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More

NFLX just pulled back to a trendline with historically bullish implicationsWhile Alphabet (GOOGL) climbs in the wake of a big bull note, fellow FAANG name Netflix, Inc. (NASDAQ:NFLX) has tapered off recently, currently mired in a four-day losing streak. However, this pullback could have bullish implications for NFLX, if history is any guide.More specifically, Netflix stock closed yesterday near i...Read More

After nearly 20 years of wrangling, a group of Nahua Indian villagers could make legal history in Mexico this month when a court rules on a land dispute involving a Canadian miner.A lawyer for villagers of Tecoltemi in the central Mexican state of Puebla said it was the first time a court would rule on whether the country's mining law - which gives priority to mining activities over other land use...Read More

After nearly 20 years of wrangling, a group of Nahua Indian villagers could make legal history in Mexico this month when a court rules on a land dispute involving a Canadian miner.A lawyer for villagers of Tecoltemi in the central Mexican state of Puebla said it was the first time a court would rule on whether the country's mining law – which gives priority to mining activities over other la...Read More

A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More

After more than a week of tough talk firing back and forth, the leaders of the two biggest gold producers are finally coming to the table.Newmont Mining Corp. Chief Executive Officer Gary Goldberg said he will be meeting with Barrick Gold Corp.'s Mark Bristow later Tuesday in New York to talk through their differences. However, he said in a Bloomberg TV interview that he won't be discussing Barric...Read More

South Africa's AngloGold Ashanti (JSE:ANG) (ASX:AGG) (NYSE:AU) is selling its stake in Northern Colombia Holdings to Royal Road Minerals (TSX-V:RYR) as it looks to focus on its other local exploration projects, which have longer shelf life and the ability to deliver higher returns.The company said the sale includes mining concession agreements covering approximately 36,000 hectares and the rights...Read More

In the classic John Huston film "Treasure of the Sierra Madre," a group of gold prospectors strike it rich before squandering their good fortune in a tangle of greed, distrust, murder and paranoia.Something similar is happening to Barrick Gold Corp. and Newmont Mining Corp. in Nevada. Disagreements about how to manage and develop what's arguably the world's best-endowed area of gold deposits look...Read More

Target CEO Brian Cornell cited impressive holiday sales Target Corporation (NYSE:TGT) is higher in early trading, after the company reported an impressive fourth-quarter earnings report and raised its full-year outlook. In the earnings release, CEO Brian Cornell noted the company's traffic and comparable sales grew at the fastest rate in over a decade. In response, TGT is up 3.7% at $75,35, at las...Read More

Anglo American's (LON: AAL) annual report, released this week takes great pains to set out the London-listed mining giant's policies around director's responsibilities and incentives.After an outcry over a generous long-term incentive program (LTIP) for executives in the form of stock grants in 2016, Anglo overhauled its policies.At the time, the company, with roots going back more than a hundred...Read More

The outperforming shares have added 51% year-to-dateAurora Cannabis Inc (NYSE:ACB) is up 3.9% to trade at $7.50, after Cowen initiated coverage on the Canadian cannabis listing with an "outperform" rating and tapped it as its top pick in the weed sector. Analyst Vivien Azer thinks Aurora is well positioned to take advantage of Canada's adult-use marijuana market, and increase market share and pro...Read More

ADMS CEO highlighted a "slowing" prescription growth rate last yearAdamas Pharmaceuticals Inc (NASDAQ:ADMS) stock is down sharply this morning -- last seen off 29.5% at $8.56, one of the worst stocks on the Nasdaq on early trading. Weighing on the shares is skepticism over the company's full-year forecast for Gocovri, a recently launched drug that counters side effects of certain Parkinson's disea...Read More

The Chinese travel company reported strong fourth-quarter figures The shares of Ctrip.com International Ltd (NASDAQ:CTRP) are soaring in early trading, after the Chinese travel concern reported fourth-quarter revenue that beat analysts' expectations. The win that was attributed to the company's Skyscanner booking program, as well as strengthening flight and international hotel businesses. As a r...Read More

Needham also estimated the value of YouTube based on the metrics used around NetflixSpeculation has grown in recent years about whether regulators will try to break up the large tech companies. Brokerage firm Needham is suggesting that such a move could actually unlock value for Alphabet Inc (NASDAQ:GOOGL). Specifically, an analyst note from Needham said that looking at GOOGL from a sum-of-its-par...Read More

China lowered its 2019 growth forecastDow Jones Industrial Average (DJI) futures are trading just above fair value this morning, as investors await fresh developments on the U.S.-China trade front. Over in China, though, the government cut its 2019 growth target to its lowest level in 30 years. Traders are also digesting a batch of retail earnings, with Target (TGT) emerging as a big winner thanks...Read More

Condor Gold (LON:CNR) has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.The America and Mestiza pits are located about 2km and 4km, respectively, from La India's processing plant and complement the main open pit.Mining the satellite feeder pits could increase La Indi...Read More

Condor Gold (LON:CNR) has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.The America and Mestiza pits are located about 2km and 4km, respectively, from La India's processing plant and complement the main open pit.Mining the satellite feeder pits could increase La Indi...Read More

Condor Gold (LON:CNR) has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.The America and Mestiza pits are located about 2km and 4km, respectively, from La India's processing plant and complement the main open pit.Mining the satellite feeder pits could increase La Indi...Read More