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
One analyst targets new record highs for SQThe Dow and S&P 500 are lower today, but a resurgent tech sector is powering the Nasdaq. Three names moving higher today are chip stocks Micron Technology, Inc. (NASDAQ:MU) and Nvidia Corporation (NASDAQ:NVDA), as well as Square Inc (NYSE:SQ). Below, we'll take a look at what's moving the shares of MU, NVDA, and SQ.MU Rally Running into Familiar Resistan...Read More
Imperial Metals has published its fourth quarter and year-end numbers for its operations. For the full year, the company produced 75.3 million lb. of copper and 79,056 oz. of gold.At the Red Chris copper-gold mine 80 km south of Dease Lake, Q4 production was 15.6 million lb. of copper (up 15% from Q3) and 12,366 oz. of gold (up 41% from Q3). Mill throughput for 2018 averaged 29,228 t/d and annual...Read More
Imperial Metals has published its fourth quarter and year-end numbers for its operations. For the full year, the company produced 75.3 million lb. of copper and 79,056 oz. of gold.At the Red Chris copper-gold mine 80 km south of Dease Lake, Q4 production was 15.6 million lb. of copper (up 15% from Q3) and 12,366 oz. of gold (up 41% from Q3). Mill throughput for 2018 averaged 29,228 t/d and annual...Read More
Gold prices finished lower on Thursday, with the metal's short-term prospects linked to a firmer dollar, but investors keeping watch over the impact of the partial shutdown of the U.S. government and ongoing U.S.-China trade dispute. Longer term, most analysts remain upbeat in their outlook for precious metals as a mixed picture for the economic outlook and major global issues, including those tra...Read More
Gold prices finished lower on Thursday, with the metal's short-term prospects linked to a firmer dollar, but investors keeping watch over the impact of the partial shutdown of the U.S. government and ongoing U.S.-China trade dispute. Longer term, most analysts remain upbeat in their outlook for precious metals as a mixed picture for the economic outlook and major global issues, including those tra...Read More
INTC is about to present earningsIntel Corporation (NASDAQ:INTC) call volume is running in the 99th annual percentile, while almost tripling the number of puts traded today. The February 52.50 call -- home to peak open interest -- is most popular today, followed by the March 52.50 call. This call preference is part of a longer-term trend on INTC, which has a Schaeffer's put/call open interest rati...Read More
Chile state development agency Corfo said on Thursday it reached a deal with world top lithium miner Albemarle Corp in a long-running contract dispute and would not file a previously threatened arbitration suit against the U.S-based producer.The dispute centered around a contract term that requires Albemarle to provide as much as 25 percent of its annual production of lithium at a discount to comp...Read More
The Star-Orion South diamond project 60 km east of Prince Albert is moving toward the bulk sampling stage. Owner Star Diamond Corp. says that Rio Tinto Exploration Canada - holder of an option to earn a 60% interest - has begun sonic and core drilling of up to 25 pilot holes in preparation for bulk sampling the Orion South kimberlite.The sonic drilling will provide a detailed look at the overburde...Read More
FLSmidth will supply machinery and equipment for the 0.5Mt/annum extension of the world class refinery of Utkal Alumina International Limited (UAIL) in Odisha.Utkal Alumna International is a wholly-owned subsidiary of Hindalco Industries, an industry leader in aluminium and copper. It is the metals flagship company of the Aditya Birla Group, the world's largest aluminium rolling company and one of...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
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