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

Searchlight Resources Inc. (TSXV:SRCH) (Read full newsRead More

GS, BAC, JPM and other financial stocks could moveEarnings from the financial sector will pour in next week, including from blue chips American Express (AXP), Goldman Sachs (GS), and JPMorgan Chase (JPM). FAANG stock Netflix (NFLX) and Dow stock UnitedHealth (UNH) could also move after earnings. Traders will also keep a close eye on Tuesday's producer price index (PPI), as well as retail sales and...Read More

The company said there will be no impact to the mine's ongoing environmental monitoring and remediation program.Read full newsRead More

Chile's Collahuasi copper mine is seekingRead full newsRead More

Ford has announced a massive 'restructuring' of its European operations, following in the footsteps of GM's much broader restructuring, that will entail thousands of job cuts and possibly factory closures.Read full newsRead More

"Deutsche Bank has a severe talent loss problem and this bonus cut will exacerbate the problem. Focusing on top performers is not new and not the solution."Read full newsRead More

Miner Anglo American Plc is betting on South America as its main growth area for base metals in the coming years, a top executive told Reuters.Ruben Fernandes, who heads Anglo's operations in Brazil and is slated to become its global head of base metals next March, said he wants to prepare the company for an expected boom in demand related to electric cars that is likely to fuel appetite for nicke...Read More

Miner Anglo American Plc is betting on South America as its main growth area for base metals in the coming years, a top executive told Reuters.Ruben Fernandes, who heads Anglo's operations in Brazil and is slated to become its global head of base metals next March, said he wants to prepare the company for an expected boom in demand related to electric cars that is likely to fuel appetite for nicke...Read More

The shutdown enters its 20th day as Trump threatens to declare a national emergency The Dow Jones Industrial Average (DJI) was down triple digits earlier, as traders panned an onslaught of disappointing holiday sales reports from retailers. Plus, anxiety over a lack of details on U.S.-China trade talks also weighed on stocks early on, as did concerns over the ongoing government shutdown, as Presid...Read More

CHGG hit a record high earlier todayChegg Inc (NYSE:CHGG) has started the new year off on the right foot, having only closed lower in one of the last 10 trading days. Today, CHGG snagged a new record high of $32.99, last seen up 1% at $32.87. And if history is any guide, Chegg options traders may want to set their sights even higher in the coming months.Specifically, the stock's Schaeffer's Volat...Read More

Tanzanian President John Magufuli directed the minerals minister and central bank governor to buy some of the nation's gold for its reserves.The gold could be used to shore up the shilling when the currency Africa's fourth-biggest producer of the precious metal weakens, according to an emailed speech made on Wednesday."We should get to a point where we are reserving our gold, because gold is simil...Read More

Tanzanian President John Magufuli directed the minerals minister and central bank governor to buy some of the nation's gold for its reserves.The gold could be used to shore up the shilling when the currency Africa's fourth-biggest producer of the precious metal weakens, according to an emailed speech made on Wednesday."We should get to a point where we are reserving our gold, because gold is simil...Read More

Call buyers have been more active than usual in recent weeksYelp Inc (NYSE:YELP) stock is spiraling today, after Morgan Stanley downgraded the online review name to "underweight" from "equal weight," and cut its price target to $29 from $31 -- a nearly 20% discount to last night's close. At last check, YELP shares are down 6.6% to trade at $33.35, and bearish options trading is running hot.So far...Read More

Barrick Gold Corp.'s new chief executive is surprised by the "hysteria" over whether the world's largest gold miner will remain a Canadian company.Barely a week after his Channel Islands-based Randgold Resources Ltd. merged with Barrick, Mark Bristow says he's determined to keep the global miner headquartered in Toronto - or at least as committed as he is to any head office. "Mining industries hav...Read More

Barrick Gold Corp.'s new chief executive is surprised by the "hysteria" over whether the world's largest gold miner will remain a Canadian company.Barely a week after his Channel Islands-based Randgold Resources Ltd. merged with Barrick, Mark Bristow says he's determined to keep the global miner headquartered in Toronto - or at least as committed as he is to any head office. "Mining industries hav...Read More

Juniors announce new gold zone in OntarioRead full newsRead More

WIX shares have gotten off to a strong start in 2019Website services provider Wix.com Ltd (NASDAQ:WIX) saw its price target raised to $130 from $123 at Wedbush, which added the stock to its best ideas list. This bull note comes as WIX shares try to move past their 50-day moving average after overcoming recent resistance from the 200-day moving average just last week. The security is up 0.5% so fa...Read More

Still, analysts remain wary of the home goods retailerThe shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) are up 4.2% at $12.78 in early trading, after the company announced a fiscal third-quarter earnings beat and stronger-than-expected full-year forecast. The company cited its heavily revamped stores and digital platform, as well as the success of its loyalty programs. However, several analysts r...Read More

Cowen and J.P. Morgan Securities cut their TWTR price targets, thoughThe shares of Twitter Inc (NYSE:TWTR) are up 3% to trade at $33.20 -- on pace for a fifth straight win -- after the social media stock received a double upgrade at BofA-Merrill Lynch. This echoes the optimism seen in the options pits, where speculators have been shown a growing appetite for bullish bets in recent weeks.Looking cl...Read More

The airliner had shed 36% year-over-year coming into today The shares of American Airlines Group Inc (NASDAQ:AAL) are down 6.4% in electronic trading this morning and heading toward the bottom of the Nasdaq, after the airliner slashed its fourth-quarter unit revenue forecast to 1.5% from the previous 1.5%-3.5% estimate. This is the same metric that triggered a similar sell-off from sector peer De...Read More