The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
Key levels to watch for FXI as U.S.-China trade talks drag closer to the March deadlineGiven the steady stream of daily "will they-or-won't they" headlines with regard to U.S.-China trade deliberations, it may surprise you to learn that the iShares China Large-Cap ETF (NYSEARCA:FXI) has been unusually subdued on the charts lately. As of Friday, the exchange-traded fund's (ETF's) 30-day historical...Read More
Canada's former attorney general has resigned from Justin Trudeau's cabinet amid a report she was pressured by the prime minister's office to intervene in a legal case involving SNC-Lavalin Group Inc.Jody Wilson-Raybould announced her resignation on her website Tuesday, after days of saying she couldn't comment on work she did as the government's chief lawyer. She was moved from the justice minist...Read More
China is adding to its gold reserves again, boosting holdings for a second month and reinforcing an outlook from bulls including Goldman Sachs Group Inc. that central-bank buying will likely remain strong this year.The People's Bank of China raised holdings to 59.94 million ounces, or about 1,864 metric tons, by the end of January from 59.56 million ounces a month earlier, according to data on the...Read More
The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its Mining Act, which were said to be aimed at letting a new company extract the island's riches.The modifications would have jeopardized land rights currently held by Australia's Bougainville Copper Ltd. (BCL), which used to run Panguna, one of the world's biggest open-pit copper operations, shut down by...Read More
The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its Mining Act, which were said to be aimed at letting a new company extract the island's riches.The modifications would have jeopardized land rights currently held by Australia's Bougainville Copper Ltd. (BCL), which used to run Panguna, one of the world's biggest open-pit copper operations, shut down by...Read More
The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its Mining Act, which were said to be aimed at letting a new company extract the island's riches.The modifications would have jeopardized land rights currently held by Australia's Bougainville Copper Ltd. (BCL), which used to run Panguna, one of the world's biggest open-pit copper operations, shut down by...Read More
Shares in Australia's Northern Star Resources (ASX: NST) jumped Tuesday after it said that drilling results from its Pogo gold mine in Alaska pointed to a significant increase in resources and a substantial maiden reserve.The A$35 million ($25m) exploration and concentrated infill drilling campaign, using four underground and four surface rigs, has increased the existing JORC-compliant resource of...Read More
Shares in Australia's Northern Star Resources (ASX: NST) jumped Tuesday after it said that drilling results from its Pogo gold mine in Alaska pointed to a significant increase in resources and a substantial maiden reserve.The A$35 million ($25m) exploration and concentrated infill drilling campaign, using four underground and four surface rigs, has increased the existing JORC-compliant resource of...Read More
A handful of bear notes is exacerbating headwinds for GILDThe shares of Gilead Sciences, Inc. (NASDAQ:GILD) are down 3.1% in electronic trading, after the biotech said a late-stage trial for its Non-Alcoholic Steatohepatitis (NASH) drug, selonsertib, failed to its main goal. Specifically, the treatment did not improve liver scarring when compared to a placebo in the nearly 900 patients enrolled in...Read More
The U.S. and China continue to work out a trade deal before the March 1 deadlineDow Jones Industrial Average (DJI) futures are trading 186 points above fair value this morning, after U.S. lawmakers reached a tentative bipartisan budget deal to avoid a government shutdown ahead of this Friday's deadline. Meanwhile, on the global economic front, both the U.S. and China are scrambling to reach a trad...Read More
Short interest on Zscaler surged 49% in the two most recent reporting periods Cloud security name Zscaler Inc (NASDAQ:ZS) has had a strong start to 2019 -- up 23.6% so far, compared to a slimmer 8% gain for the S&P 500 Index (SPX). There's plenty of skepticism priced into the stock, too, which could keep the wind at ZS' back as it's unwound.For starters, seven of 11 analysts maintain a "hold" or "...Read More
COTY has already gained 47% year-to-dateFew stocks have had as hot a start as Coty Inc (NYSE:COTY), up 47% year-to-date. The cosmetics name is poised to add to those gains, after investment firm JAB Holding, the company's largest stakeholder, issued a tender offer to add 150 million more shares at a price of $11.65, compared to yesterday's closing price of $9.66, upping its potential stake to 60%...Read More
CHGG was last seen up nearly 10% in electronic tradingThe shares of education technology company Chegg Inc (NYSE:CHGG) are set to rally once again after earnings, after the firm's fourth-quarter financial update revealed better-than-expected earnings and revenue for the period. The company continued to add subscribers and raised its 2019 outlook, as well. A few bullish analyst notes have followed,...Read More
A new lithium technology could change the face of lithium production forever.Andrew Carnegie didn't invent the Bessemer converter, but used it to amass an incredible fortune producing steel at lower costs. What one simple machine can do for increasing production and lowering costs is staggering (think of the cotton gin).The lithium industry has been plagued with inefficiency and expensive producti...Read More
FLSmidth announced this week that it has completed the buyout of Australia's IMP Automation Group.According to the Danish firm, the decision to acquire IMP came to be due to the need to have a more complete portfolio of automated laboratory solutions for the mining industry, given the current climate of high exploration activity and increased focus on productivity.In a press release, FLSmidth said...Read More
Beneath a plot of land in southeastern Siberia lie vast stores of gold, according to Russia's biggest gold producer, Polyus PJSC, and tapping them could provide the Russian central bank with a huge and nearly sanction-proof backstop for its currency.Read full newsRead 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
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce the appointment of Larry Anderson and David Beck as directors of the Company, and two executive changes which support the Company's continued long-term growth in the evolving cannabis industry.Mr. Beck possesses over 30 years experience with national financial institutions in various cap...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce that U.S Tier 1 Carrier network approval is nearing completion and has initiated trials with multiple end-use large-scale potential customers in various industry verticals. As a result, the Company expects initial purchase orders from these end use customers through the U.S T...Read More
Kerr Mines (TSX: KER; US-OTC: KERMF) expects to start mining and stockpiling mineralized material from its Copperstone gold project in Arizona in the fourth quarter of this year with production starting in the first quarter of 2020, CEO Claudio Ciavarella says.The fully permitted project is the underground extension of the same orebody that Cyprus Amax mined as an open pit between 1987 and 1993, a...Read More