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

The brokerage firm thinks advertising and AWS drove strong revenue growth for AMZNCowen chimed in on Amazon.com, Inc. (NASDAQ:AMZN) ahead of the e-tailer's quarterly earnings report, due after the market closes next Thursday, Jan. 31. The analyst believes Amazon's fourth-quarter earnings will arrive at the top end of previous estimates, driven by strong revenue growth in its advertising business,...Read More

China is likely to lift exports of battery chemicals such as lithium hydroxide this year as domestic producers expand output and try to profit from higher overseas prices amid rising global demand for electric vehicle batteries, the chief executive of lithium miner Pilbara Minerals said on Friday.The increasing exports from China, which is mainly considered a buying of battery materials because of...Read More

"DART would be NASA's first mission to demonstrate what's known as the kinetic impactor technique...to defend against a potential future asteroid impact,"Read full newsRead More

* Indian discounts shrink; dealers eye import duty announcement* China premiums at $9.50-$11.50 an ounce* Festival buying picks up in Singapore as wellDemand for physical gold in India improved slightly this week as local prices eased from their highest level in over five years, while buying gathered steam in China ahead of the Lunar New Year festival.Dealers in India were offering a discount of u...Read More

Early investors stand to reap the rewards as a new technology looks to change everything.One research firm - which recommended Google and Amazon before they became household names - has built a worldwide reputation of identifying profitable tech trends well before Wall Street and the talking heads on T.V.And just recently, they've uncovered a technology that's already being labeled "humanity's las...Read More

CGC shares are eyeing their highest close in monthsCanopy Growth Corp (NYSE:CGC) is trading up 6.1% this morning at $46.92, after Piper Jaffray again weighed in bullishly on the weed stock. The brokerage firm -- which earlier this month made public its positive view on the cannabis space -- boosted its price target on CGC shares to $60 from $40. In the note, analysts called out the company's appro...Read More

SBUX could test its early November record highs todayThe shares of Starbucks Corporation (NASDAQ:SBUX) are up 4.5% in electronic trading, after the coffee giant's blowout earnings report. Starbucks reported fiscal first-quarter adjusted earnings of 75 cents per share on $6.6 billion in revenue, both soundly exceeding analysts' expectations. Same-store sales also rose 4% year-over-year, more than...Read More

Colombia has extended coal miner Drummond's license to operate its La Loma mine for an additional 20 years, the national mining agency said on Thursday.The contract at the mine, located in northeastern Cesar province, will generate at least $586 million in royalties, income and social project investment during its lifetime, the agency said in a statement on its website. The company has operated th...Read More

Barrick Gold Corp.'s new chief executive officer, Mark Bristow, said his company is seeking solutions to a dispute over mining taxes in Zambia."We're engaged with the government in a constructive way," he told reporters at a press conference in the Ivory Coast's economic capital, Abidjan. "We don't believe that threatening one's partner is a constructive way to go about solving problems."Mining co...Read More

There's a ton for traders to consider this morning on Wall StreetDow Jones Industrial Average (DJI) futures are trading above fair value this morning, as stocks try to end the busy four-day trading week on a positive note. Either way, it's setting up to be another action-packed day on Wall Street, with traders digesting renewed negotiations around the government shutdown, a leading Wall Street Jou...Read More

A tailings dam at a Brazilian iron ore operation owned by local mining giant Vale (NYSE:VALE) burst Friday, releasing a river of sludge that covered nearby buildings and forced the evacuation of hundreds of locals.By Saturday morning, 34 bodies had been recovered, and the death toll was expected to rise sharply as rescuers continued searching for hundreds that are still missing.Vale reported the d...Read More

Canadian junior Explorex Resources (CSE:EX) (OTC:EXPXF) has placed its plans to buy the Hautalampi cobalt, nickel and copper project in eastern Finland on the back burner because it won't be able to secure the required funding in advance.The Vancouver-based miner, which in November said it intended to acquire the Finish asset, was supposed to pay the project's owner, FinnCobalt, around $1.9 milli...Read More

Canadian junior Explorex Resources (CSE:EX) (OTC:EXPXF) has placed its plans to buy the Hautalampi cobalt, nickel and copper project in eastern Finland on the back burner because it won't be able to secure the required funding in advance.The Vancouver-based miner, which in November said it intended to acquire the Finish asset, was supposed to pay the project's owner, FinnCobalt, around $1.9 milli...Read More

The electrification of cars and surge in renewables is driving a copper rush.Read full newsRead More

The electrification of cars and surge in renewables is driving a copper rush.Read full newsRead More

German auto maker giant Volkswagen has just upped its bet on electric vehicles (EVs) by overhauling its Salzitter plant to focus on production processes for battery cells for the new generation of cars, which the company plans to also start producing soon.The Wolfsburg-based company said it would invest 870 million euros (about $985 million) by 2020 to develop e-vehicle components, adding that i...Read More

Who need stocks and bonds? A new study finds something even more valuable: LEGOs! They're more valuable than gold.Read full newsRead More

Who need stocks and bonds? A new study finds something even more valuable: LEGOs! They're more valuable than gold.Read full newsRead More

Endeavour Mining (TSX: EDV; US-OTC: EDVMF) produced 52% more gold in 2018 than it did in 2017, exceeding the upper end of its full-year guidance.The company produced 612,000 oz. gold in 2018, up from 403,000 oz. gold the year before. (It had previously estimated producing no more than 590,000 oz. gold in 2018.)At the same time, Endeavour's all-in sustaining costs (AISC) fell 4% in 2018 to $745 per...Read More

A new year means you can contribute additional money into your TSFA. For 2019, the contribution limit is $6,000.Since you'll never have to pay any taxes on the money you are making in your TFSA, you should try your best to maximize its potential. Buying cheap stocks that pay high dividends is a good way to do so. All the juicy dividends you'll receive and the capital appreciation you'll get from t...Read More