The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More

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

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

CME was downgraded to "hold" by BofA-Merrill Lynch todayCME Group (NASDAQ:CME) has started the new year off on the wrong foot, on track for its second straight weekly loss amid concerns over a new rival exchange. This morning, the exchange operator was downgraded to "hold" from "buy" at BofA-Merrill Lynch, while its price target was trimmed to $191 from $200. However, Deutsche Bank hiked its pri...Read More

At first glance, you might initially think that cryptocurrencies and precious metals have little, if anything, in common. However, to the contrary, the two can be sourced in the same basic way: through mining. "Mining" has a broad definition here, but "energy consumption" doesn't. The journal Nature Sustainability has published new research revealing that cryptocurrency mining expends significantl...Read More

Project scope entails the engineering, procurement and construction of a 355,000tpa processing facilityGlobal engineering, project delivery and operations management group, DRA Global ("DRA") has been awarded (through its 100% owned subsidiary DRA Pacific Pty Ltd) the engineering, procurement and construction (EPC) contract for the Dargues Gold Mine in New South Wales, Australia. Dargues is owned...Read More

Platinum's lesser-known cousin keeps going from strength to strength.Palladium, once considered an unattractive byproduct of platinum mining until the rise of catalytic converters in the 1970s, is hitting new records. Spot metal peaked at an all-time high $1,344.41 a troy ounce Wednesday. Over the past month, it's been more costly than gold, which hasn't happened since 2002. From a point a decade...Read More

* China premiums rise slightly to $6-$9 an ounce* Indian demand expected to rise in wedding season* Singapore and Hong Kong premiums mostly unchanged* Spot gold on track for fourth straight weekly gainBENGALURU/MUMBAI - Physical gold premiums rose in China this week as investment demand firmed on worries over global growth and a softening dollar, though Indian buyers remained on the sidelines ahea...Read More

Meanwhile, Cowen likes Domino's for 2019Yum! Brands, Inc. (NYSE:YUM) is trading down 1.6% at $90.30 after Goldman Sachs downgraded the stock to "sell" from "neutral," and lowered its price target to $76 from $83. The firm said it prefers names like Texas Roadhouse (TXRH) and McDonald's (MCD) from the restaurant space, and also questioned the strength of the company's Pizza Hut and Taco Bell busine...Read More

J.P. Morgan Securities cut its rating on WTW stockto "neutral" The shares of Weight Watchers International, Inc. (NASDAQ:WTW) are down 7.2% at $32.58 in early trading -- and touched a new annual low of $32.32 out of the gate -- on a downgrade from J.P. Morgan Securities. The analyst nearly halved its price target to $37 from $70, and downshifted to "neutral" from "overweight." The analyst is "thro...Read More

The company is selling its chemistry technologies business to ADMHouston-based chemical company Flotek Industries Inc (NYSE:FTK) said it is selling its consumer and industrial chemistry technologies business, Florida Chemical Company, to Archer Daniels Midland (ADM) for $175 million -- more than double the company's market cap of 80.42 million at last night's close. As such, FTK shares have more t...Read More