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

SEAS still isn't too far from its 2018 highsSeaWorld Entertainment Inc (NYSE:SEAS) is seeing accelerated put trading, following the sudden death of orca whale Kayla at the young age of 30. Puts are crossing at two times the expected pace, and traders seem to be buying to open positions at the June 25 put. If that's the case, these bearish traders would be betting on more losses from SEAS stock in...Read More

The shares could rally in the short term, if past is prologueTech behemoth Apple Inc. (NASDAQ:AAPL) is set to report earnings after the close today, and while AAPL option premiums are inflated ahead of the event (as expected), the same can't be said about iPhone supplier Broadcom Inc (NASDAQ:AVGO). What's more, AVGO shares just flashed a bullish options signal, suggesting now may be the time to bu...Read More

Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has tabled a feasibility study for its Cerro Blanco gold project in Guatemala that says the project would produce 902,000 oz. gold over an eight year mine life. It would cost an initial $196 million and achieve after-tax payback in 2.1 years.The project has a $241 million after-tax net present value at a 5% discount rate and a 34% after-tax internal...Read More

Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has tabled a feasibility study for its Cerro Blanco gold project in Guatemala that says the project would produce 902,000 oz. gold over an eight year mine life. It would cost an initial $196 million and achieve after-tax payback in 2.1 years.The project has a $241 million after-tax net present value at a 5% discount rate and a 34% after-tax internal...Read More

Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has tabled a feasibility study for its Cerro Blanco gold project in Guatemala that says the project would produce 902,000 oz. gold over an eight year mine life. It would cost an initial $196 million and achieve after-tax payback in 2.1 years.The project has a $241 million after-tax net present value at a 5% discount rate and a 34% after-tax internal...Read More

FB earnings are due out after tomorrow's closeThe shares of Facebook, Inc. (NASDAQ:FB) are sinking ahead of the social media giant's fourth-quarter earnings report, due after the close tomorrow, Jan. 30. At last check, FB is down 2.2% at $144.25, and the options market is expecting a more volatile-than-usual swing for the FAANG stock in Thursday's trading.Most recently, Trade-Alert placed Facebook...Read More

TransCanada Corp. hired RBC Capital Markets LLC to sell a stake in the Coastal GasLink project, which would supply a Royal Dutch Shell Plc-led gas-export terminal, as the pipeline faces mounting opposition.If TransCanada moves forward with the sale, joint venture partners in the C$6.2 billion ($4.7 billion) project could end up owning as much as 75 percent of the pipeline, the company said in a fi...Read More

Vedanta Ltd.'s Zambian unit will press ahead with expansion plans even as the government of Africa's second-biggest copper producer increased mining royalties, and has undertaken not to fire any workers."Our actions are designed to sustain and create jobs, grow the economy, and contribute more to the treasury."The assurance by Konkola Copper Mines Plc, following a meeting between management and go...Read More

Vedanta Ltd.'s Zambian unit will press ahead with expansion plans even as the government of Africa's second-biggest copper producer increased mining royalties, and has undertaken not to fire any workers."Our actions are designed to sustain and create jobs, grow the economy, and contribute more to the treasury."The assurance by Konkola Copper Mines Plc, following a meeting between management and go...Read More

BABA puts have become quite popular in recent weeks Caterpillar (CAT) just had a rough go of its recent quarterly report, with the company citing weak demand out of China. The strength of the mainland's economy has been a concern of Wall Street's recently, and will likely have traders eyeing Chinese e-commerce concern Alibaba Group Holding Ltd's (NYSE:BABA) fiscal third-quarter earnings report, d...Read More

Brazilian miner Vale SA identified concerns around its tailings dams in 2009 and studied but did not implement several steps that could have prevented or lessened the damage from last week's deadly disaster, according to a corporate presentation seen by Reuters.A tailings dam, used to store the muddy detritus of the mining process, collapsed on Friday, killing at least 65 in one of Brazil's larges...Read More

The tech-rich Nasdaq is in the redThe Dow Jones Industrial Average (DJI) was up over 140 points earlier, but has paredits gains -- and the Nasdaq Composite (IXIC) is trading lower -- as tech stocks pull back. Ahead of Apple's (AAPL) quarterly earnings release tonight, the FAANG stock is lower on news of a FaceTime glitch that allows users to "spy" on other iPhone parties. Earnings wins from blue c...Read More

Brazil - Three employees of Brazilian miner Vale SA and two contractors were arrested on Tuesday, prosecutors said, as a criminal investigation began after a devastating dam rupture expected to leave a death toll of more than 300 people.Vale said it was cooperating with investigators in the case, which has enraged Brazilians and raised fresh questions about the company's commitment to safety after...Read More

The number of miners missing after an earth tremor struck KGHM Polska Miedz's mine near the Polish town of Rudna, 70 miles east of the German border, fell to one from nine, the copper producer said on Twitter on Tuesday.Earlier KGHM spokesperson Anna Osadczuk told Reuters the miners were missing after the tremor hit the mine early this afternoon 770 metres below the earth's surface.Eleven teams to...Read More

The number of miners missing after an earth tremor struck KGHM Polska Miedz's mine near the Polish town of Rudna, 70 miles east of the German border, fell to one from nine, the copper producer said on Twitter on Tuesday.Earlier KGHM spokesperson Anna Osadczuk told Reuters the miners were missing after the tremor hit the mine early this afternoon 770 metres below the earth's surface.Eleven teams to...Read More

The South African government will soon debate whether to split up state power firm Eskom to make it financially viable, Public Enterprises Minister Pravin Gordhan said on Tuesday.Eskom is vital to the health of Africa's most industrialised economy as it supplies more than 90 percent of its power, but it is drowning in debt after a decade of steep financial decline."Should Eskom be unbundled into g...Read More

Nucor Corp handily beat fourth-quarter profit estimates, boosted by hefty tariffs on imported steel, and the company forecast first-quarter 2019 earnings to be stronger despite a fall in sheet prices and margins.Shares of the No.1 U.S. steel producer rose about 3 percent to $60.1 in morning trading on Tuesday, adding to the 14 percent gain so far this year. We posted record earnings per share and...Read More

The bull note comes ahead of the company's earnings release tomorrowJ.P. Morgan Securities moved its price target on Nasdaq Inc (NASDAQ:NDAQ) up to $91 from $89, expecting the recent pick-up in market volatility to result in increased trading volumes -- which obviously would be a boon for the exchange operator's business. This comes as the company just announced that its private market businessfac...Read More

Samarco Mineracao SA, the Brazilian mining venture that caused an environmental catastrophe in 2015, disclosed that it has been is in advanced debt restructuring talks just days after it's co-owner Vale SA suffered a similar dam rupture that has killed at least 65 people.The distressed joint venture owned by Vale and BHP Group Ltd. had reached a preliminary deal with creditors to restructure its d...Read More

The retail stock is headed toward its worst day since 2002The shares of GameStop Corp. (NYSE:GME) are crumbling on news the video game retailer said it is no longer considering selling itself, after it couldn't agree to financing terms with any potential buyers. In reaction, GME stock is down 25.4% at $11.56, putting it on track for its worst day since Dec. 19, 2002, when it lost 30%.It's already...Read More