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

Markets went into a tailspin in the second half of 2018. File image.Private capital tracker Preqin says in an update that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments.Fundraising by unlisted funds for investment in natural resources - oil and gas, timberland, farmland, water and mines - set a fresh record in 2018 and is lik...Read More

Markets went into a tailspin in the second half of 2018. File image.Private capital tracker Preqin says in an update that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments.Fundraising by unlisted funds for investment in natural resources - oil and gas, timberland, farmland, water and mines - set a fresh record in 2018 and is lik...Read More

Markets went into a tailspin in the second half of 2018. File image.Private capital tracker Preqin says in an update that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments.Fundraising by unlisted funds for investment in natural resources - oil and gas, timberland, farmland, water and mines - set a fresh record in 2018 and is lik...Read More

Markets went into a tailspin in the second half of 2018. File image.Private capital tracker Preqin says in an update that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments.Fundraising by unlisted funds for investment in natural resources - oil and gas, timberland, farmland, water and mines - set a fresh record in 2018 and is lik...Read More

HBI's rally into a historically bearish trendline could mark a selling opportunityThe shares of Hanesbrands Inc (NYSE:HBI) have rebounded sharply off their Dec. 24 five-year closing low of $11.62, up 27.7% since then to trade at $14.84. However, in its attempt at a comeback, the apparel name is now testing the waters around a key trendline -- sending up a potentially bearish signal that has has se...Read More

Weak fourth-quarter guidance means a new record low for CASAStocks are cruising into the long weekend on U.S-China trade talk optimism. Luxury retailer Tiffany & Co. (NYSE:TIF) is higher, while Bowflex parent Nautilus, Inc. (NYSE:NLS) and broadband network solutions provider Casa Systems Inc (NASDAQ:CASA) are sharply lower. Below, we'll take a look at what's moving the shares of TIF, NLS, and CASA...Read More

Positive news on U.S.-China relations helped stocks on FridayU.S. stocks rose this week thanks to upbeat trade developments, including Friday's bombshell report that China has offered to increase its U.S. imports over the next six years. Earlier in the week traders got a huge dose of earnings out of the financial sector, with mixed reactions throughout. At the time of this writing, the Dow Jones I...Read More

CIBC initiated coverage on the weed stock with an "outperform" ratingThe shares of Cronos Group Inc (NASDAQ:CRON) are red-hot today, after CIBC initiated coverage on the weed stock with an "outperform." The analyst in coverage waxed optimistic on the company's management team, and said it expects Cronos to withstand volatility in the growing industry. As a result, CRON stock is up 8.6% at $14.83,...Read More

The S&P and Nasdaq are both headed for their fourth day in the blackThe Dow Jones Industrial Average (DJI) is set to finish the week strong, up 245 points at midday, as Wall Street celebrates positive progress in trade talks between the U.S. and China. Specifically, China has reportedly offered the U.S. a six-year increase in imports to $1 trillion per year, according to Bloomberg. Elsewhere, trad...Read More

This doesn't bode well for iPhone sales.Read full newsRead More

How you can transform lagging indicators into leading indicators.With the market action of the last few weeks, some traders may feel like they're working blind -- after all, who knows what the Dow will do next? With bulls and bears butting heads in their predictions, many investors are looking for a way to try and predict what's to come, to avoid losing any of their capital to sudden corrections a...Read More

Options volume is pacing for an annual high on both stocksThe shares of Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) and Immunomedics, Inc. (NASDAQ:IMMU) are getting walloped this morning, as traders react to Food and Drug Administration (FDA) news. Specifically, LXRX is plunging after an FDA advisory panel was split (8-8) on whether to recommend approval of Lexicon's sotagliflozin, a type 1 diabet...Read More

Glencore Plc tightened its grip on Katanga Mining Ltd. by appointing new executives and entering a management services contract to run its troubled Congo copper and cobalt unit.The head of the commodity trader's African copper business, Danny Callow, has been made chief executive officer of Katanga, while Glencore's head of strategy Paul Smith was appointed chief financial officer of the unit.Key...Read More

FITB will report earnings bright and early Tuesday morningFifth Third Bancorp (NASDAQ:FITB) will report fourth-quarter earnings ahead of the stock market open next Tuesday, Jan. 22. FITB stock has a history of positive earnings reactions -- closing higher the next day in six of the past eight quarters, with an average gain of 1.8% -- but warning signs are flashing ahead of the Cincinnati-based ban...Read More

Burkina Faso's thriving gold mining sector has been rattled by a new wave of Islamist violence and sporadic outbreaks of interethnic conflict.The industry has been booming in recent years - with Burkina Faso expecting to announce that 2018 was its most successful year for gold production - but could the latest outbreak of Islamic militancy prove an insurmountable challenge for the country's resili...Read More

Burkina Faso's thriving gold mining sector has been rattled by a new wave of Islamist violence and sporadic outbreaks of interethnic conflict.The industry has been booming in recent years - with Burkina Faso expecting to announce that 2018 was its most successful year for gold production - but could the latest outbreak of Islamic militancy prove an insurmountable challenge for the country's resili...Read More

Shares of IPG and EEX are in the red after bear notesCombing through this morning's analyst updates across Wall Street, we came across bearish notes on advertising firm Interpublic Group of Companies Inc (NYSE:IPG) and trade show specialist Emerald Expositions Events Inc (NYSE:EEX). Below, we'll take a closer look at the shares of IPG and EEX. IPG stock was cut to "sector perform" from "outperform...Read More

The company expects fourth-quarter profit to be lower than the third quarterThe shares of Tesla Inc (NASDAQ:TSLA) are down 7.5% at $321.27 in early market trading, after the company announced that it would be cutting the number of full-time employees by 7% in order to reduce costs. The auto concern also said it expects fourth-quarter profit to come in lower than the previous quarter. This is the s...Read More

Most analysts are already bullish on CVX stockUBS upgraded Chevron Corporation (NYSE:CVX) to "buy" from "neutral," saying recent weakness in oil prices has created an attractive opportunity for the energy name. The brokerage firm said the company's model is created to withstand such volatility, and can maintain its organic capex and dividend even on oil's move below the $50 per barrel mark. Most a...Read More

A new year but the same old problems for aluminium."When you look at the economics of producing aluminium, these prices cannot be sustainable."That was the stark message from Roy Harvey, president and chief executive of U.S. aluminium producer Alcoa, speaking on the company's Q4 2018 results call.With the London Metal Exchange (LME) aluminium price languishing near two-year lows at a current $1,87...Read More