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

Cost estimating is a niche practice in any industry; however the mining business brings unique challenges. Cost estimating must be considered at nearly every stage of a project's development to inform investors and to de-risk decisions.Investors need the comfort of knowing that project decisions are as unbiased as possible, from the first resource definition through to development. Exploration...Read More

Cost estimating is a niche practice in any industry; however the mining business brings unique challenges. Cost estimating must be considered at nearly every stage of a project's development to inform investors and to de-risk decisions.Investors need the comfort of knowing that project decisions are as unbiased as possible, from the first resource definition through to development. Exploration...Read More

Cost estimating is a niche practice in any industry; however the mining business brings unique challenges. Cost estimating must be considered at nearly every stage of a project's development to inform investors and to de-risk decisions.Investors need the comfort of knowing that project decisions are as unbiased as possible, from the first resource definition through to development. Exploration...Read More

Wall Street is cheering the company's new CFOOptions trading is hot again on Square Inc (NYSE:SQ), with the shares surging 12.1% to trade at $59.01 on news the payment processor has picked a new chief financial officer (CFO). At last check, roughly 68,000 calls and 56,000 puts have changed hands on SQ stock -- two times what's typically seen at this point in the trading day, and volume pacing in t...Read More

The US labor market is officially overheating as US employers added a whopping 312K workers in December, the most in ten months, as hourly wages rose by 3.2%, the most in almost ten years... putting the Fed in a bit of a bind.Read full newsRead More

Mizuho called the pharma stock "very salvageable and cheap"Allergan plc (NYSE:AGN) stock is attempting a comeback today, after a Mizuho Securities analyst said the stock was undervalued -- calling it "very salvageable and cheap." AGN stock took a recent hit after the recall of its textured breast implants in Europe, resulting in a five-year low of $125.84 on Dec. 26. Today, though, AGN is pacing f...Read More

...but don't get carried away quite yet.Read full newsRead More

The equity just pulled back to a key trendlineThe shares of Horizon Pharma PLC (NASDAQ:HZNP) touched a two-year high of $23.38 in early November, before pulling back with the broader stock market. However, now could be time to jump in on the next leg higher for HZNP, if recent history is any indicator.Specifically, the pharma stock recently came within one standard deviation of its 160-day moving...Read More

AAPL stock had its worst day in years on ThursdayEven with the New Year's holiday, there was plenty of action to take in on Wall Street for the first trading week of 2019. Most of the trading centered around the huge sell-off in Apple (AAPL) shares, after the iPhone maker lowered its current-quarter outlook due to weakness out of China, which only added to recent jitters about the health of the gl...Read More

INTC has struggled to breakout in recent monthsIntel Corporation (NASDAQ:INTC) is sitting at the top of the Dow today, after BofA-Merrill Lynch upgraded the chip stock to "buy" from "neutral," and lifted its price objective to $60 from $52. The analyst in coverage called INTC a "compelling large-cap investment," and waxed optimistic on the company's shift to a more data-centric model. At last chec...Read More

Wall Street is also optimistic about U.S.-China trade talksThe Dow Jones Industrial Average (DJI) has shot more than 600 points higher today, as traders cheer a strong December jobs report and digest the latest comments from Fed Chair Jerome Powell. The central bank head said the Fed would exercise patience on the path of rate hikes, and will "watch to see how the economy evolves." Elsewhere, Wall...Read More

One of the names was also downgraded at two brokerage firmsApple (AAPL) suppliers took a hit yesterday, after the iPhone maker cut its revenue guidance. The downside had analysts scrambling to readjust ratings on several names, with semiconductor names Analog Devices, Inc. (NASDAQ:ADI) and Qorvo Inc (NASDAQ:QRVO) in particular seeing bearish brokerage attention overnight.Most Analysts Call Analog...Read More

A free tool can help traders bank big during the upcoming earnings season.Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to position...Read More

The Democratic Republic of Congo is in uncharted waters as the nation awaits election results marking the end of President Joseph Kabila's rule. One thing is certain: the mining world is watching closely.Congo, which held presidential polls on Dec. 30, is one of the world's most important but difficult mining jurisdictions. Companies including Glencore Plc, Barrick Gold Corp. and China Molybdenum...Read More

Chinese steel futures rose on Friday, with iron ore contracts hitting the highest in more than two months, buoyed by expectations that steel mills would replenish their stocks of the raw material.Prices also clawed back some lost ground as market sentiment improved following news that China and the United States will hold another round of trade talks next week as they look to end a dispute that is...Read More

FLXN was hit with several price-target cutsFlexion Therapeutics Inc (NASDAQ:FLXN) stock is down 3.2% at $11.94 in early trading, and touched a two-year low of $10.98 out of the gate, after the company announced sub-par full-year revenue guidance -- sparking a round of negative analyst attention. Specifically, Benchmark downgraded FLXN to "hold," while Berenberg cut its price target to $28 from $42...Read More

GME is on track for a hard-earned close above its 10-week moving averageThe shares of GameStop Corp. (NYSE:GME) have shot up 11% this morning to trade at $14.39, after buyout buzz surfaced in a Wall Street Journal report. In an article entitled, "As Videogame Market Shifts, GameStop Struggles to Boost Sales," Sycamore Partners and Apollo Global Management were pegged as potential suitors for GME (...Read More

ALGN had been one of the best stocks in recent yearsInvisalign parent Align Technology, Inc. (NASDAQ:ALGN) was one of the darlings of the bull market in recent years. The shares boomed from their early 2017 perch in the mid-90s to their September 2018 record high of $398.88 -- but the tide has been turning since. Most notably, ALGN stock suffered a massive bear gap in October, and steadily fell in...Read More

NFLX shares are set to open up 4%The shares of Netflix, Inc. (NASDAQ:NFLX) are up 4% in electronic trading this morning after Goldman Sachs added the FAANG name to its "conviction list." Goldman Sachs believes Netflix offers one of the best risk/reward propositions of all the U.S. internet stocks, noting the company's commitment to content will keep driving subscriber growth. While the brokerage...Read More

Wage growth saw its biggest rise in almost 10 yearsDow Jones Industrial Average (DJI) futures are trading more than 200 points above fair value this morning. The jobs report for December is the top story on Wall Street, after the U.S. economy added 312,000 jobs last month, torching estimates of 176,000. Moreover, wages increased by the most since 2009, though the unemployment rate did tick back up...Read More