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
Breaking down a massive spread on APA options todayThe shares of Apache Corporation (NYSE:APA) are lower this afternoon, after Barclays initiated coverage on the energy stock with an "underweight" rating and a $29 price target -- a discount to APA stock's current price. Nevertheless, it appears one options speculator placed a big, bullish bet on Apache shares today.At last check, the equity was do...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
Goldman Sachs earnings are in focus todayFinancial earnings season is in full swing, with traders today cheering quarterly results from big-cap bank Goldman Sachs (GS). With earnings from Morgan Stanley (NYSE:MS) and American Express Company (NYSE:AXP) due out tomorrow, Jan. 17, options traders have been blasting the Financial Select Sector SPDR Fund (XLF). XLF Eyes Longest Win Streak Since 2014To...Read More
Toronto-based Eastmain Resources reports the results for the last three drill holes completed in 2018 at the Percival discovery. Percival is part of the company's 100% owned Clearwater gold project in the James Bay area. The deposit is only 14 km from the Eau Claire gold project where pre-development activities are occurring.The Percival discovery is only 14 km from the 1.3-million-oz. Eau Clair...Read More
MineHub Technologies and IBM (NYSE: IBM) today announced a collaboration to use blockchain technology to help improve operational efficiencies, logistics and financing and reduce costs in the high-value mineral concentrates supply chain - from mine to end buyer.Goldcorp Inc. (TSX: G), ING Bank (NASD: ING), Kutcho Copper Corp. (TSXV: KC), Ocean Partners USA Inc. and Wheaton Precious Metals Corp. (T...Read More
MineHub Technologies and IBM (NYSE: IBM) today announced a collaboration to use blockchain technology to help improve operational efficiencies, logistics and financing and reduce costs in the high-value mineral concentrates supply chain - from mine to end buyer.Goldcorp Inc. (TSX: G), ING Bank (NASD: ING), Kutcho Copper Corp. (TSXV: KC), Ocean Partners USA Inc. and Wheaton Precious Metals Corp. (T...Read More
MineHub Technologies and IBM (NYSE: IBM) today announced a collaboration to use blockchain technology to help improve operational efficiencies, logistics and financing and reduce costs in the high-value mineral concentrates supply chain - from mine to end buyer.Goldcorp Inc. (TSX: G), ING Bank (NASD: ING), Kutcho Copper Corp. (TSXV: KC), Ocean Partners USA Inc. and Wheaton Precious Metals Corp. (T...Read More
MineHub Technologies and IBM (NYSE: IBM) today announced a collaboration to use blockchain technology to help improve operational efficiencies, logistics and financing and reduce costs in the high-value mineral concentrates supply chain - from mine to end buyer.Goldcorp Inc. (TSX: G), ING Bank (NASD: ING), Kutcho Copper Corp. (TSXV: KC), Ocean Partners USA Inc. and Wheaton Precious Metals Corp. (T...Read More
MineHub Technologies and IBM (NYSE: IBM) today announced a collaboration to use blockchain technology to help improve operational efficiencies, logistics and financing and reduce costs in the high-value mineral concentrates supply chain - from mine to end buyer.Goldcorp Inc. (TSX: G), ING Bank (NASD: ING), Kutcho Copper Corp. (TSXV: KC), Ocean Partners USA Inc. and Wheaton Precious Metals Corp. (T...Read More
Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis.Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intelligen...Read More
Vancouver-based WPC Resources Inc. (TSXV: WPQ) announced on Wednesday that effective January 18, 2019, the company will change its name to Blue Star Gold Corp.Blue Star will be a Vancouver-based gold and silver exploration company focused on mineral exploration and development in Nunavut, Canada. Through its subsidiary, Inukshuk Exploration Inc., the company will own the 8,015 hectare Hood River g...Read More
Vancouver-based WPC Resources Inc. (TSXV: WPQ) announced on Wednesday that effective January 18, 2019, the company will change its name to Blue Star Gold Corp.Blue Star will be a Vancouver-based gold and silver exploration company focused on mineral exploration and development in Nunavut, Canada. Through its subsidiary, Inukshuk Exploration Inc., the company will own the 8,015 hectare Hood River g...Read More
Vancouver-based WPC Resources Inc. (TSXV: WPQ) announced on Wednesday that effective January 18, 2019, the company will change its name to Blue Star Gold Corp.Blue Star will be a Vancouver-based gold and silver exploration company focused on mineral exploration and development in Nunavut, Canada. Through its subsidiary, Inukshuk Exploration Inc., the company will own the 8,015 hectare Hood River g...Read More
NFLX will report earnings after tomorrow's closeEarnings season is about to hit high gear, and first up among the FAANG names is Netflix, Inc. (NASDAQ:NFLX), scheduled to report its fourth-quarter earnings after the close this Thursday, Jan. 17. While NFLX is known for making massive moves after its quarterly reports, the options market is expecting an even bigger-than-usual post-earnings swing i...Read More
Goldman Sachs lead the Dow with a nearly 7% gainThe Dow Jones Industrial Average (DJI) is still riding high on bank earnings -- up over 140 points at midday. Goldman Sachs (GS), in particular, is leading the blue chips with a nearly 7% gain. Apple (AAPL) stock is also higher, amid reports the company is in talks with several private Medicare plans to distribute Apple Watches to seniors. Traders a...Read More
Mexican mining-union leader and newly installed Senator Napoleon Gomez Urrutia is ready to take on companies that he says don't pay enough taxes, pollute the environment and enjoy concessions he deems are too long. Mining shares tumbled.An old foe of Grupo Mexico SAB, Gomez Urrutia is reviewing mining concessions in the country and thinks companies in the industry should contribute more to the gov...Read More
Chile's nuclear watchdog CCHEN is considering an investigation into potential fraud after an audit found that the agency for decades failed to properly record exports of ultralight battery metal lithium, documents obtained by Reuters show.The internal review found "significant errors" in CCHEN's accounting of the sales of the world's top lithium producers Albemarle Corp and SQM (SQM_pb.SN) between...Read More
Pinduoduo has had a drama-filled history on Wall StreetPinduoduo Inc (NASDAQ:PDD) has had a tumultuous time in the public markets. The shares began trading publicly in the U.S. back in July, and since then the company has been subjected to accusations of selling counterfeit products and increased attention from short sellers. However, PDD stock is higher today following upbeat analyst attention.Sp...Read More
Vancouver-based NorZinc has signed a traditional land use agreement with the Nah?a Deh?(C) Dene Band in Nahanni Butte. The agreement covers the construction and operation of an all season road connecting the Prairie Creek zinc-lead-silver mine and the Liard Highway. The mine is located 200 km west of Fort Simpson.The agreement codifies the Band's support for an all season road. It is supplem...Read More
Vancouver-based NorZinc has signed a traditional land use agreement with the Nah?a Deh?(C) Dene Band in Nahanni Butte. The agreement covers the construction and operation of an all season road connecting the Prairie Creek zinc-lead-silver mine and the Liard Highway. The mine is located 200 km west of Fort Simpson.The agreement codifies the Band's support for an all season road. It is supplem...Read More