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

Stifel cut its rating to "hold" from "buy"The shares of Trade Desk Inc (NASDAQ:TTD) are sinking today, after Stifel cut its rating on the tech concern to "hold" from "buy." The downgrade comes just before the company's fourth-quarter earnings report, which is slated for release after the market closes this Thursday, Feb. 21. The analyst said that while he expects strong earnings and revenue from T...Read More

Gold futures climbed Wednesday, scoring another settlement at a 10-month high, with U.S.-China trade talks supporting haven demand for the metal and expectations for a positive outcome to the discussions also feeding the possibility of higher gold demand from China. In electronic trading, following minutes of the Federal Reserve's January meeting, gold futures edged lower from the settlement to $1...Read More

Meanwhile, SCHW is in the red after a downgradeStocks spent most of the day just above breakeven, while traders now digest the latest Fed minutes. Three names to watch today are Tesla rival Kandi Technologies Group Inc (NASDAQ:KNDI), charging station operator Blink Charging Co (NASDAQ:BLNK), and financial firm Charles Schwab Corporation (NYSE:SCHW). Let's take a closer look what's happening with s...Read More

Nexus Gold (TSXV:NXS, OTC:NXXGF, Frankfurt:N6E) is pleased to announce that due to strong investor interest, the board of directors of the Company has approved an increase in the size of the Company's previously announced private placement financing.Read full newsRead More

The stock has nearly doubled over the past 12 months Advanced Micro Devices (NASDSAQ:AMD) rose nearly 3% last week after the Wall Street Journal reported China could boost its U.S. semiconductor purchases over the next six years as part of broader trade negotiations between the two countries. This positive price action is just more of the same for AMD, though, with the stock up 28% year-to-date an...Read More

BTU METALS CORP. (TSXV:BTU) (Read full newsRead More

A deal that would see Barrick Gold Corp. split returns from its Tanzanian unit with the government could have ramifications for its negotiations with other countries, including Papua New Guinea and Democratic Republic of Congo.The Toronto-based miner's long-term license to operate its mine in Papua New Guinea is due for renewal this year. The question is whether officials there, and in other count...Read More

Roku stock is well into overbought territoryStreaming device stock Roku Inc (NASDAQ:ROKU) is up 0.5% at $53.48 in afternoon trading, as the options market gears up for the company's fourth-quarter earnings, slated for after the market closes tomorrow, Feb. 21. Below, we will take a look at what the post-earnings moves the shares have been priced in for, and how ROKU has been faring on the charts.R...Read More

Raymond James highlighted three reasons to be cautious on PSTG before earnings next weekFlash drive storage specialist Pure Storage Inc (NYSE:PSTG) this morning saw its stock's rating at Raymond James cut to "market perform" from "outperform." The brokerage firm noted the slowdown in data center sales from business partner Nvidia (NVDA), on top of the weakness seen from storage rival NetApp (NTAP)...Read More

On Wednesday, hopes that an escalation of the trade war between the US and China can been avoided (or at least postponed) sparked a massive rally in mining stocks - already buoyed by climbing metals prices.US President Donald Trump said yesterday he may not increase tariffs on Chinese products on March 1, as talks about the trading relationship between the world's two largest economies continue in...Read More

On Wednesday, hopes that an escalation of the trade war between the US and China can been avoided (or at least postponed) sparked a massive rally in mining stocks - already buoyed by climbing metals prices.US President Donald Trump said yesterday he may not increase tariffs on Chinese products on March 1, as talks about the trading relationship between the world's two largest economies continue in...Read More

On Wednesday, hopes that an escalation of the trade war between the US and China can been avoided (or at least postponed) sparked a massive rally in mining stocks - already buoyed by climbing metals prices.US President Donald Trump said yesterday he may not increase tariffs on Chinese products on March 1, as talks about the trading relationship between the world's two largest economies continue in...Read More

On Wednesday, hopes that an escalation of the trade war between the US and China can been avoided (or at least postponed) sparked a massive rally in mining stocks - already buoyed by climbing metals prices.US President Donald Trump said yesterday he may not increase tariffs on Chinese products on March 1, as talks about the trading relationship between the world's two largest economies continue in...Read More

On Wednesday, hopes that an escalation of the trade war between the US and China can been avoided (or at least postponed) sparked a massive rally in mining stocks - already buoyed by climbing metals prices.US President Donald Trump said yesterday he may not increase tariffs on Chinese products on March 1, as talks about the trading relationship between the world's two largest economies continue in...Read More

Crude oil prices are flirting with YTD highs, but these stocks could dipOil prices are on the rise again today, with front-month crude last seen 1.8% higher at $57.08 per barrel -- a new year-to-date high. However, a pair of energy stocks recently flashed historically bearish signals, suggesting it may be time to jump ship on Gulfport Energy Corporation (NASDAQ:GPOR) and EQT Corporation (NYSE:EQT)...Read More

Glencore on Wednesday said it would "vigorously contest" a $680 million tax demand from the British authorities linked to transfer pricing.The Swiss-based mining and trading company has offices in London and is London-listed. The British tax authorities issued formal transfer pricing, permanent establishment and diverted profits tax assessments for the 2008 - 2017 tax years, amounting to $680 mill...Read More

Glencore on Wednesday said it would "vigorously contest" a $680 million tax demand from the British authorities linked to transfer pricing.The Swiss-based mining and trading company has offices in London and is London-listed. The British tax authorities issued formal transfer pricing, permanent establishment and diverted profits tax assessments for the 2008 - 2017 tax years, amounting to $680 mill...Read More

The bank's campaign to get out ahead of whateverRead full newsRead More

The company just sold its hemp foods unit Manitoba Harvest to weed giant Tilray The investment trust company Compass Diversified Holdings (NYSE:CODI) just announced the sale of its majority-owned hemp foods unit, Manitoba Harvest, to the marijuana concern Tilray Inc (TLRY) for roughly C$419 million. Compass said it plans to use the deal's proceeds to repay debts. As a result, CODI stock shot up ro...Read More

The VIX fell to a four-month low earlier The Dow Jones Industrial Average (DJI) is clinging to marginal gains at midday, as investors await the release of the latest Fed meeting minutes. There are no new trade developments between the U.S. and China to report, althoughPresident Donald Trump has been hinting at a possible extension to the March 1 tariff deadline. The S&P 500 Index (SPX) and Nasd...Read More