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

Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) has announced additional drill results from the Cangrejos project in Ecuador, as well as initial drilling of the Gran Bestia exploration target to the northwest of the resource. "The addition of Gran Bestia to Cangrejos is significant and could substantially increase the scale of the current inferred mineral resource estimate of 8.5 million ounces of...Read More

Options traders could be betting on INTC recovering from a recent earnings dropIntel Corporation (NASDAQ:INTC) is in the headlines today thanks to rumors of a potential $6 billion buyout offer for fellow chipmaker Mellanox Technologies (MLNX) -- though, for what it's worth, Susquehanna said it doubts these rumors. With the shares of INTC last seen trading up 1.1% at $47.06, at least one group of o...Read More

Brazilian miner Vale SA said on Wednesday it has postponed the scheduled release of earnings and production reports as it focuses on the consequences of the deadly Brumadinho dam disaster.Vale said it plans to release its fourth quarter earnings report on March 27 rather than Feb. 13 as originally planned. The release of its production and sales report, which had been planned for Feb. 4, was postp...Read More

Global miner Anglo American laid off 180 workers at its flagship Los Bronces mine in central Chile, part of a plan to boost productivity at the deposit that has raised the ire of some of its unionized workers.The layoffs were necessary to combat rising costs at the mine, Anglo American said in a statement. The mine sits high in the Andes but on the outskirts of the capital city of Santiago, well s...Read More

Nexus Gold Corp. (TSXV:NXS, OTCQB: NXXGF, FSE: N6E) (''Nexus'' or the ''Company'') is pleased to announce that it has entered into a letter of intent with 1082545 B.C. Ltd. (the ''Vendor''), an arms'-length party, to acquire the McKenzie Gold Project (the ''Project'').Read full newsRead More

Gold futures marked their highest finish since mid-May on Wednesday, stretching their win streak to the longest in a month. Prices continued to move up in electronic trading after the Federal Reserve left interest-rates unchanged and said it would be "patient" on its next rate move. Shortly after the Fed decision, the most-active April gold contract GCJ9, +0.02% climbed to $1,321.40 an ounce in el...Read More

The brokerage firm thinks the shares can double from current levelsThe shares of Payment Data Systems, Inc. (NASDAQ:PYDS) are surging, after Barrington Research initiated coverage with an "outperform" rating and $5 price target -- a 123% premium to last night's close. The brokerage firm called PYDS "an undiscovered micro-cap stock with a disruptive technology application in the payment facilitator...Read More

AT&T's fourth quarter revenue missed estimatesStocks are confidently higher today, as investors await the latest Fed statement later today. Mining stock Cleveland-Cliffs Inc (NYSE:CLF) and pharma stock Eyenovia Inc (NASDAQ:EYEN) are soaring, while telecom giant AT&T (NYSE:T) is struggling. Below, we'll take a look at what's moving the shares of CLF, EYEN, and T.Soaring Iron Ore Prices Power CLF Su...Read More

A positive earnings reaction next week could lift the sharesJanuary has been kind to the stock market so far, with the S&P 500 Index (SPX) on pace for a monthly gain of more than 6% -- set for its best month since March 2016. What's more, February could be even kinder to a handful of SPX stocks, if recent history is any indicator. Below we outline the 25 best stocks to own in February, including A...Read More

But will it consider cutting prices for iPhones sold in the US?Read full newsRead More

VVC Exploration Corporation (TSXV:VVC) ("VVC" or the "Company") is pleased to provide a summary of final results from the 2017/2018 diamond drilling program at Company's Samalayuca Copper project in Northern Chihuahua state, Mexico (the "Property"). Read full newsRead More

Ivanhoe Mines has drilled what it's calling an "unprecedented" intersection in a shallow, flat lying deposit at the Kamoa North exploration area on its 397 sq. km Kamoa-Kakula mining license.The company cut 13.05% copper over 22.25 metres from 219 metres downhole at a 2% copper cut off grade in a deposit that begins 190 metres below surface. At a 5% copper cut off grade, the intersection cut 15....Read More

Ivanhoe Mines has drilled what it's calling an "unprecedented" intersection in a shallow, flat lying deposit at the Kamoa North exploration area on its 397 sq. km Kamoa-Kakula mining license.The company cut 13.05% copper over 22.25 metres from 219 metres downhole at a 2% copper cut off grade in a deposit that begins 190 metres below surface. At a 5% copper cut off grade, the intersection cut 15....Read More

Last quarter AMZN shed 7.8% the day after earningsAmazon.com, Inc. (NASDAQ:AMZN) will be reporting earnings after the close tomorrow, Jan. 31, and the stock will look to avoid a second straight post-earnings slide. For instance, the shares fell 7.8% the day after earnings last quarter, their largest single-day earnings loss in at least two years. In fact, AMZN hasn't moved lower the day after earn...Read More

Fort McMurray, the remote Canadian town largely built by the oil-sands industry, is trying to limit the ability of those companies to fly in out-of-town workers.The town that sits in the middle of the world's third-largest crude reserves is drafting a bylaw to limit the construction of temporary worker housing known as man camps, as it seeks to push producers to hire locally or have workers settle...Read More

Wall Street is still soaring on positive earnings reports from Boeing and AppleThe Dow Jones Industrial Average (DJI) is still skyrocketing on this morning's Apple (AAPL) and Boeing (BA) earnings wins, up more than 300 points. Looking ahead,Facebook (FB) and Microsoft (MSFT) are among the notables reporting after the bell -- both of which are up at midday. Meanwhile, ahead of Friday's January job...Read More

Aurubis AG, Europe's biggest copper producer, on Wednesday named Roland Harings as its new CEO.Harings has been CEO of MKM Mansfelder Kupfer und Messing, a German manufacturer of copper semi-finished products, since 2014.Harings takes over at Aurubis on July 1, replacing current CEO Juergen Schachler, the company said. Aurubis announced in December that Schachler would leave the group when his con...Read More

Aurubis AG, Europe's biggest copper producer, on Wednesday named Roland Harings as its new CEO.Harings has been CEO of MKM Mansfelder Kupfer und Messing, a German manufacturer of copper semi-finished products, since 2014.Harings takes over at Aurubis on July 1, replacing current CEO Juergen Schachler, the company said. Aurubis announced in December that Schachler would leave the group when his con...Read More

Retail stocks have rallied off their December lowsThe retail sector rallied hard off its December lows, as evidenced by a 15% rally in the SPDR S&P Retail ETF (XRT) from its Dec. 24 bottom. However, the rally over the past several weeks has a number of retail stocks trading near trendlines that have preceded a leg lower on the charts, including department store name Kohl's Corporation (NYSE:KSS) a...Read More

The Dow stock has pulled back to a trendline with bullish implicationsBlue chip Visa Inc (NYSE:V) takes its turn in the earnings confessional after the close tonight, hoping to follow in the footsteps of fellow Dow names Apple (AAPL) and Boeing (BA). Ahead of the credit card company's quarterly report, Visa is flashing a bullish signal, if past is precedent. More specifically, V is trading with...Read More