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

Shares in Jardine Matheson Holdings, a 186-year old firm listed in Singapore, plummeted 83% on Thursday, wiping more than $40 billion off the market value of the storied conglomerate.The stock quickly recovered and traders immediately pointed to the most likely reason for the strange dealings - a fat finger.Fat finger trades are human errors - more often than not pressing the wrong buttons SGX lat...Read More

Citron expects the shares to double in the next two yearsThe shares of RH Inc (NYSE:RH) -- formerly Restoration Hardware -- are in focus today, after Citron Research set a price target of $250, and predicted at least a 100% return for shareholders over the next two years. The investment firm called RH "the most exciting concept in retail since the creation of the Apple store," and "a company with...Read More

YY stock was trading near key technical levels in early JanuarySubscribers to Schaeffer's Weekly Volatility Trader doubled their money with the YY Inc (NASDAQ:YY) January 2019 64-strike straddle. Here's a quick look at why we expected an outsized move from the Chinese social media stock, and how the profitable options trade unfolded.A straddle is an attractive options strategy to play when a stock...Read More

Endeavour Mining (TSE: 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 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 oz. gold com...Read More

Endeavour Mining (TSE: 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 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 oz. gold com...Read More

Canada Goose stock is looking at one of its worst days ever after a downgradeCanada Goose Holdings Inc (NYSE:GOOS) is pacing for one of its worst days ever, after the winter apparel concern was cut to "market perform" from "outperform" at Wells Fargo. The analyst note called out GOOS' multinational exposure as a risk, noting that the stock is moreexpensive compared to right after the company went...Read More

South Africa gains some stability before 2019 elections but former hope Zimbabwe hits crisis againRead full newsRead More

It's a volatile day on Wall Street The Dow Jones Industrial Average (DJI) has spent time on both sides of breakeven today, but was last seen lower, following comments made by Commerce Secretary Wilbur Rossregarding U.S.-China trade relations. In addition, traders remain anxious about the government shutdown, with Senate votes on a pair of bills expected to fail. Elsewhere, comments from European...Read More

China is expected to report the slowest economic growth in 28 years this week.Read full newsRead More

Vancouver, BC - Graphite One Resources Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announces that it is in the process of implementing an important next step in its corporate strategy to create an integrated graphite products company intended to create value to its shareholders. The Company intends to proceed with a name change to "Graphite One Inc." It is also announc...Read More

Coal exports from Grupo Prodeco's port in Colombia are proceeding normally despite the possibility that a small group of unionized workers may vote to strike over pay and labor conditions, the company said on Thursday.Prodeco, a subsidiary of Switzerland's Glencore, is the third-largest producer of thermal coal in the Andean country.Only three of the 115 workers at the Puerto Nuevo port are member...Read More

The Dow stock has pulled back to a trendline with bearish implicationsBlue chip construction concern Caterpillar Inc. (NYSE:CAT) is as trade-sensitive as they come, and the stock could be volatile next week during high-level U.S.-China trade talks-- especially following this morning's discouraging comments from Commerce Secretary Wilbur Ross. Putting added pressure on CAT is its fourth-quarter...Read More

The reasons behind the block are a mystery...Read full newsRead More

Saudi Arabia isn't buying the peak oil demand narrative.OPEC's largest producer continues to expect global oil demand to keep rising at least by 2040 and sees itself as the oil producer best equipped to continue meeting that demand, thanks to its very low production costs.Saudi Arabia will be the one to pump the last barrel of oil in the world, but it doesn't see the 'last barrel of oil' being pum...Read More

This stunning research revealed by the former hedge-fund who predicted the last NASDAQ crash could have some Americans thinking twice before hoarding cash.Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is go...Read More

Indonesia, the world's top exporter of palm oil, has issued new rules requiring exporters of natural resources to receive earnings in the local banking industry, among new measures Jakarta announced last year to support the then falling rupiah.The rupiah hit its weakest since the 1998 Asian financial crisis in October 2018 due to capital outflows linked to rising U.S. interest rates, the U.S.-Chin...Read More

Indonesia, the world's top exporter of palm oil, has issued new rules requiring exporters of natural resources to receive earnings in the local banking industry, among new measures Jakarta announced last year to support the then falling rupiah.The rupiah hit its weakest since the 1998 Asian financial crisis in October 2018 due to capital outflows linked to rising U.S. interest rates, the U.S.-Chin...Read More

PANW is already up more than 10% year-to-datePalo Alto Networks Inc (NYSE:PANW) has gotten off to a great start to 2019, and that strength is continuing today thanks to another round of bullish analyst attention. Wedbush upgraded the cybersecurity stock to "outperform" from "neutral" and boosted its price target to $265 from $225, saying conversations with those close to the company have allayed f...Read More

The company issued disappointing full-year guidanceThe shares of McCormick & Company (NYSE:MKC) are down nearly 12% at $121.25 in early trading, after the company reported fourth-quarter earnings below analysts' expectations, and issued weaker-than-expected full-year guidance. The stock is now the lowest it's been since August, and is pacing for its biggest one-day loss ever. MKC stock touched an...Read More

After nine months of intermittent production due to illegal strikes and social unrest, Barrick Gold's Tongon mine in Ivory Coast returned to normal in the last quarter of 2018, achieved its revised production target of 230,000 ounces for the year, down from 288,680 ounces in 2017.Operations at the mine, which the Canadian gold giant acquired after the merger with Randgold, had to be halted a few...Read More