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

Tyson just ran into a technical alarm at its 80-day The shares of Tyson Foods, Inc. (NYSE:TSN) were last seen trading 0.6% higher at $57.89 -- up about 16.5% from their Dec. 20 nearly three-year low of $49.77. However, some stiff resistance could cap the poultry name's gains, as a historically bearish technical alarm just sounded for TSN shares. Specifically, TSN stock has been in a downtrend sin...Read More

General Motors stock is on track for its best day since late OctoberStocks are pulling back today as the government shutdown drags on. Video game maker Activision Blizzard, Inc. (NASDAQ:ATVI) is lower, while auto stock General Motors Company (NYSE:GM), and cannabis name Aphria Inc (NYSE:APHA) are higher. Below, we'll take a look at the news moving the shares of ATVI, GM, and APHA.ATVI on Verge o...Read More

Weed stocks were hot againU.S. stocks rose this week, though Friday's price action has them set to snap their five-day win streak -- the longest such streak for the S&P 500 Index (SPX) since September. Another streak remains alive, however, as the Dow Jones Industrial Average (DJI), SPX, and Nasdaq (IXIC) each are set for a third straight weekly win. Trade talks between the U.S. and China were the...Read More

Gold's near-term outlook has taken a turn for the worse. That's because the gold timers on balance have become quite bullish. In fact, the last time that the average gold timer was more bullish than today was almost exactly one year ago, when gold GCG9, +0.04% traded for around $1,355 an ounce. The yellow metal proceeded to fall some 13% from then until the summer. That is just one data point, of...Read More

Gold futures climbed Friday, finishing modestly higher for the week, on the back of overall weakness for the dollar and a retreat in benchmark U.S. stock indexes. February gold GCG9, +0.04% rose $2.10, or 0.2%, to settle at $1,289.50 an ounce. The contract added 0.3% this week, but failed to clear the psychologically important $1,300-an-ounce level, according to FactSet data. The SPDR Gold Shares...Read More

Gold futures climbed Friday, finishing modestly higher for the week, on the back of overall weakness for the dollar and a retreat in benchmark U.S. stock indexes. February gold GCG9, +0.04% rose $2.10, or 0.2%, to settle at $1,289.50 an ounce. The contract added 0.3% this week, but failed to clear the psychologically important $1,300-an-ounce level, according to FactSet data. The SPDR Gold Shares...Read More

ALROSA today announced its rough and polished diamond sales results for December and preliminary results for 2018.ALROSA saw a 6% growth in its diamond sales last year due to high demand and positive price dynamics in the first half of 2018. With total sales growing to $4.5 billion. Rough diamonds grew to $4.4 billion and polished diamond sales stood at $95.3 million.In the second half of the year...Read More

ALROSA today announced its rough and polished diamond sales results for December and preliminary results for 2018.ALROSA saw a 6% growth in its diamond sales last year due to high demand and positive price dynamics in the first half of 2018. With total sales growing to $4.5 billion. Rough diamonds grew to $4.4 billion and polished diamond sales stood at $95.3 million.In the second half of the year...Read More

Tilray's lockup period ends next TuesdayThe shares of Tilray Inc (NASDAQ:TLRY) are up 21.3% to trade at $97.54, after private-equity firm Privateer Holdings will not sell its TLRY stake when the cannabis company's lockup period expires next Tuesday, Jan. 15. The surge has sparked a rush of activity in Tilray's options pits, and the bulk of the action appears to be of the bullish kind.By the number...Read More

...the central bank does not want a sharp appreciation by the yuanRead full newsRead More

The gasoline index fell 7.5 percent in December after a 4.2-percent decline the prior month...Read full newsRead More

CZR is attracting options traders on reports of an Icahn stakeThe shares of Caesars Entertainment Corporation (NASDAQ:CZR) are higher this afternoon, amid reports that activist investor Carl Icahn is building a stake in the casino concern. Against this backdrop, options traders are flocking to CZR to speculate on more upside -- but a technical alarm is sounding for the shares, which has historical...Read More

Canada's Prime Minister, Justin Trudeau, today announced support for a new geothermal power facility near Estevan in Southeastern Saskatchewan. The energy project, led by DEEP Earth Energy Production Corporation, is the first of its kind in Canada and taps into a new renewable energy resource.Geothermal energy harnesses heat from the earth's crust and transforms it into electricity to power...Read More

Canada's Prime Minister, Justin Trudeau, today announced support for a new geothermal power facility near Estevan in Southeastern Saskatchewan. The energy project, led by DEEP Earth Energy Production Corporation, is the first of its kind in Canada and taps into a new renewable energy resource.Geothermal energy harnesses heat from the earth's crust and transforms it into electricity to power...Read More

The stock is trading near a trendline with historically bearish implicationsIt's been a volatile stretch for Alcoa Corp (NYSE:AA) stock, per its 60-day historical volatility of 53.9%, which registers in the 97th annual percentile. The options market is expecting this wild price action to continue after the aluminum giant reports fourth-quarter earnings after the market closes next Wednesday, Jan....Read More

Apple is lower on reports of slashed iPhone prices in China The Dow Jones Industrial Average (DJI) is set to snap its five-day winning streak -- down over 100 points at midday -- as the U.S. government shutdown ties its longest ever. Plus, lingering concerns over a lack of details on U.S.-China trade are also weighing on stocks today. Apple (AAPL) stock is also lower, amid reports thatChinese ret...Read More

Lawyers Gold Silver Project Phoenix Zone 2018 Drill ResultsBenchmark Metals (TSXV: BNCH; US-OTC: CYRTF) has expanded the Phoenix zone at its Lawyers gold-silver project in B.C.'s Golden Triangle after intersecting gold and silver mineralization in step out drilling grading as high as 11 grams gold per tonne and 819 grams silver over 4 metres from 69 metres downhole.Other highlights included 6.15 g...Read More

Polish businessmen in China beware...Read full newsRead More

Is it time to prepare for the next financial crisis?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 going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...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