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

Cryptocurrencies suffered a double-drubbing in the last few hours, crashing Bitcoin back below $4,000 to 2019 lows...Read full newsRead More

Oil prices rose for a ninth straight sessionThe Dow explored a 311-point range on both sides of breakeven. Fueling the choppy trading were weakness in retail stocks after several retailers -- including Macy's (M) and Kohl's (KSS) -- reported dreary holiday sales numbers, uncertainty surrounding the ongoing government shutdown, and a warning on U.S. debt levels from Fed Chair Jerome Powell. However...Read More

Immunomedics stock could pare recent gains, if history is any indicatorThe shares of Immunomedics, Inc. (NASDAQ:IMMU) have rebounded from their annual low of $12.86 on Dec. 20, and were last seen 2.2% higher on the day to trade at $17.62. However, traders might want to exercise caution before jumping in on IMMU, with the biotech stock running up to a key trendline -- a signal that, if history is...Read More

Benefit from a stock's move higher while reducing your dollars at riskThe past few months have been wild on Wall Street, and while the stock market has bounced from its Christmas Eve drubbing, many investors are still nervous about another leg lower. However, there's an options strategy for shareholders who want to minimize their capital at risk without totally exiting the game: the stock replacem...Read More

Biotech stock AMRN is heading toward a 34% gain this weekStocks are cautiously higher, but gains are capped by subpar holiday sales data. Among stocks making notable moves higher today are beer maker Constellation Brands, Inc. (NYSE:STZ), cardiovascular disease specialist Amarin Corporation (NASDAQ:AMRN), and casino name MGM Resorts International (NYSE:MGM). Below, we'll take a look at the new...Read More

Newmont Mining Corp, the world's No. 2 gold producer, is cutting 120 jobs at its Carlin mining operation in Nevada after deciding to reduce the life span of one mine and suspending part of another due to a wall slide, a spokesman said on Thursday.The Denver, Colorado-based company announced the cuts to its workforce and union on Jan. 7 and is in the process of informing affected employees, Newmont...Read More

Alamos Gold (TSX: AGI) of Toronto reports the highest grades from surface drilling in the Western extension at the Island gold mine near Wawa. High grades were also recorded from across the Main and Eastern extensions.Results from the Western extension include surface hole MH16-03 with 152.07 g/t gold (36.74 g/t cut) over a true width of 5.0 metres. Other assays from that hole were 12.98 g/t gold...Read More

Alamos Gold (TSX: AGI) of Toronto reports the highest grades from surface drilling in the Western extension at the Island gold mine near Wawa. High grades were also recorded from across the Main and Eastern extensions.Results from the Western extension include surface hole MH16-03 with 152.07 g/t gold (36.74 g/t cut) over a true width of 5.0 metres. Other assays from that hole were 12.98 g/t gold...Read More

Alamos Gold (TSX: AGI) of Toronto reports the highest grades from surface drilling in the Western extension at the Island gold mine near Wawa. High grades were also recorded from across the Main and Eastern extensions.Results from the Western extension include surface hole MH16-03 with 152.07 g/t gold (36.74 g/t cut) over a true width of 5.0 metres. Other assays from that hole were 12.98 g/t gold...Read More

This time last week, the market had started to price a chance of Fed cut in 2019. A week later that has been priced out and rates markets have returned to pricing a (small) chance of a hike.Read full newsRead More

The sector is reacting to disappointing holiday sales dataRetail stocks are getting hit hard today as several retailers -- including Macy's (M) -- report dismal holiday sales data. At last check, the SPDR S&P Retail ETF (XRT) was down 2.5% to trade at $43.22. Volume is ramping up in XRT's options pits, too, with speculators targeting short-term contracts on the retail-heavy exchange-traded fund (E...Read More

Murchison Minerals (TSXV: MUR) announced Thursday that it has doubled the size of the previously announced VTEM airborne survey and tripled its mineral land holdings at its 100% owned zinc/copper/silver Brabant VMS project in central Saskatchewan.With the recent staking of 14,807 hectares of mineral claims contiguous to its current land holdings, Murchison now controls 221.8 km2 of mineral rights...Read More

Murchison Minerals (TSXV: MUR) announced Thursday that it has doubled the size of the previously announced VTEM airborne survey and tripled its mineral land holdings at its 100% owned zinc/copper/silver Brabant VMS project in central Saskatchewan.With the recent staking of 14,807 hectares of mineral claims contiguous to its current land holdings, Murchison now controls 221.8 km2 of mineral rights...Read More

Murchison Minerals (TSXV: MUR) announced Thursday that it has doubled the size of the previously announced VTEM airborne survey and tripled its mineral land holdings at its 100% owned zinc/copper/silver Brabant VMS project in central Saskatchewan.With the recent staking of 14,807 hectares of mineral claims contiguous to its current land holdings, Murchison now controls 221.8 km2 of mineral rights...Read More

Murchison Minerals (TSXV: MUR) announced Thursday that it has doubled the size of the previously announced VTEM airborne survey and tripled its mineral land holdings at its 100% owned zinc/copper/silver Brabant VMS project in central Saskatchewan.With the recent staking of 14,807 hectares of mineral claims contiguous to its current land holdings, Murchison now controls 221.8 km2 of mineral rights...Read More

Gold futures finish lower Thursday after failing to overcome resistance at the psychologically important $1,300-an-ounce level, but remained on track for a modest weekly gain as a result of overall softness in the dollar. February gold GCG9, +0.15% fell by $4.60, or 0.4%, to settle at $1,287.40 an ounce after trading as high as $1,298. The yellow metal was up a modest 0.1% in the week to date an...Read More

Stocks slightly extended their uptrend again yesterday, as investors' sentiment remained bullish following last Friday's rally after better-than-expected monthly jobs data release. So will the uptrend continue? Or is this still just an upward correction before another leg lower?The U.S. stock market indexes gained 0.4-0.9% on Wednesday, extending their short-term uptrend again, as investors' senti...Read More

Many options traders may be closing positionsWeed stocks have received plenty of attention in 2019 already, with multiple firms saying they're bullish on the sector for the year. Canopy Growth (CGC) is leading the charge, and options traders are also targeting sector peers Tilray Inc (NASDAQ:TLRY), Aphria Inc (NYSE:APHA), and Aurora Cannabis Inc (NYSE:ACB). Below is a brief breakdown of today's ca...Read More

Nevada Sunrise (TSXV:NEV announced today the results of the first diamond drill hole at the Coronado VMS property (Read full newsRead More

Amazon's new software has MDB investors scaredThe shares of MongoDB Inc (NASDAQ:MDB) are getting hammered today, after FAANG titan Amazon.com (AMZN) launched DocumentDB, its cloud-based database software. While MongoDB CEO Dev Ittycheria doesn't seem concerned about the competition, telling CNBC that "developers are savvy enough to distinguish between the real thing and a poor imitation," MDB opti...Read More