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

Detour Gold Corp. has provided guidance for this year. The numbers are in line with the Detour Lake project's life of mine plan released in June 2018.Gold production for the full year will be between 570,000 and 605,000 oz. That means that 115 million tonnes of ore and waste will be mined from the Detour Lake pit in 2019.Mill throughput will be from 21.5 million to 22.0 million tonnes in 2019 at a...Read More

Several travel names will report earnings tomorrow morningEarnings season is underway, with the airline sector getting set to take its turn in the limelight. Among those on tap to report are American Airlines Group Inc (NASDAQ:AAL), JetBlue Airways Corporation (NASDAQ:JBLU), and Southwest Airlines Co (NYSE:LUV), and the options market is expecting outsized earnings reactions for each travel stock....Read More

Kerrisdale Capital thinks Qualcomm's value could be cut in halfQualcomm, Inc. (NASDAQ:QCOM) is trading down 2.7% at $52.81 following a short seller report out of Kerrisdale Capital, which suggested the stock could fall 50%. Kerrisdale called out the regulatory risks facing Qualcomm, particularly its licensing business, predicting the company will lose its legal battle against the Federal Trade Co...Read More

Toyota Motor Corp and Panasonic Corp are set to launch a joint venture next year to produce batteries for electric vehicles (EV) in an effort to compete with Chinese rivals, a source familiar with the matter said.The joint venture, to be owned 51 percent by Toyota and the rest by Panasonic, could also provide batteries to Toyota's EV technology partners Mazda Corp (7261.T) and Subaru Corp (7270.T)...Read More

The Porsche Taycan is widely considered to be theRead full newsRead More

Ask Macron how climate change legislation is working out...Read full newsRead More

Aphria Inc. is vowing to resistRead full newsRead More

"It's the elephant in the room that no one is talking about," George Robinson, chief executive officer of RavenQuest BioMed Inc. said in an interview with BNN Bloomberg.Read full newsRead More

Traders are concerned about economic growth The Dow Jones Industrial Average (DJI) was up nearly 300 points earlier, riding a trio of solid blue-chip earnings. However, the Dow has pared its gains amid lingering concerns about the global economy, U.S.-China trade relations, and the U.S. government shutdown. Meanwhile, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have turned lower at midda...Read More

Atlassian stock nabbed a post-earnings record high last weekAtlassian Corporation PLC (NASDAQ:TEAM) started the new year off on the right foot, nabbing a record high of $100 on Jan. 18 in the wake of an upbeat quarterly report. While a pullback has since ensued, if past is precedent, the collaborative software stock could be due to revisit those record highs in the coming weeks. Specifically, TE...Read More

Goldsource Mines has discovered more near surface gold with the first two drill holes of an ongoing exploration campaign at its Salbora gold target, 1.5 km northwest of its Eagle Mountain gold project in Guyana.The two diamond core holes cut gold mineralization below a previously dug trench that returned 1.92 grams gold over 123 metres. The company estimates the target's surface foot print is 500...Read More

Goldsource Mines has discovered more near surface gold with the first two drill holes of an ongoing exploration campaign at its Salbora gold target, 1.5 km northwest of its Eagle Mountain gold project in Guyana.The two diamond core holes cut gold mineralization below a previously dug trench that returned 1.92 grams gold over 123 metres. The company estimates the target's surface foot print is 500...Read More

Goldsource Mines has discovered more near surface gold with the first two drill holes of an ongoing exploration campaign at its Salbora gold target, 1.5 km northwest of its Eagle Mountain gold project in Guyana.The two diamond core holes cut gold mineralization below a previously dug trench that returned 1.92 grams gold over 123 metres. The company estimates the target's surface foot print is 500...Read More

Galway Metals has discovered 7 metres of visible gold starting 51 metres downhole in a new area of its Clarence Stream project in New Brunswick, its second gold discovery on the property in two and a half years of drilling.The new gold zone is along strike of the project's George Murphy and Jubilee Zones.The discovery hole intersected weathered, altered sediments with disseminated pyrite and arsen...Read More

Galway Metals has discovered 7 metres of visible gold starting 51 metres downhole in a new area of its Clarence Stream project in New Brunswick, its second gold discovery on the property in two and a half years of drilling.The new gold zone is along strike of the project's George Murphy and Jubilee Zones.The discovery hole intersected weathered, altered sediments with disseminated pyrite and arsen...Read More

The activist investment firm sees 50% downside risk for DOXThe shares of Amdocs Limited (NASDAQ:DOX) are getting crushed this morning, after short seller Spruce Point Capital Management weighed in on the software concern. Specifically, the firm sees up to 50% downside risk in DOX shares, calling them a "strong sell" due to shady financials and accounting practices. The report claims Amdocs "has en...Read More

An overdue round of bull notes could create tailwinds for MTCHDating services stock Match Group Inc (NASDAQ:MTCH) has broken out of a technical downtrend, and now sits above its second-quarter highs from 2018. The shares recently pulled back to their 10-month moving average, a trendline with historically bullish implications. More specifically, two prior pullbacks to this support level have yielde...Read More

There is room for more upgrades on the drug stockThe shares of Teva Pharmaceutical Industries Ltd (NYSE:TEVA) are up 2.3% to trade at $19.19 this morning, after UBS raised its outlook on the drugmaker to "buy" from "neutral," while upping its price target to $24 from $23. The analyst in coverage called the stock "too cheap to ignore," and lauded the company's upcoming new launches. It's been...Read More

Walmart dropped its lawsuit against the financial firmThe shares of Synchrony Financial (NYSE:SYF) are up 10.7% at $29.40 in early trading, after the company's fiscal fourth-quarter earnings exceeded analyst expectations. Plus, Walmart (WMT)dropped its lawsuit against the consumer lending concern, and Synchrony extended its strategic partnership with Walmart-owned Sam's Club. Today, SYF stock is...Read More

Morgan Stanley lifted its rating and price target on WMTThe shares of Walmart Inc (NYSE:WMT) are trading up 1.7% at $99.08, after Morgan Stanley upgraded the Dow stock to "overweight" from "equal weight," and raised its price target to $110 from $107. Analyst Simeon Gutman waxed optimistic over WMT's "unprecedented commitment to cost control," and said it expects Walmart U.S. to "be one of the few...Read More