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

Meanwhile, travel stock NCLH could be headed for lower lowsStocks are rallying today after their Christmas Eve sell-off, with the Dow last seen up almost 600 points. Three stocks in the news today are Elon Musk's Tesla Inc (NASDAQ:TSLA), e-commerce concern JD.com, Inc. (NASDAQ:JD), and leisure name Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH). Here's what's moving shares of TSLA, JD, and NCLH...Read More

Waste giant RSG looks ready to bounce after sending up a reliable buy signalThe shares of waste collection giant Republic Services, Inc. (NYSE:RSG) built on their years-long uptrend in 2018, rising in early December to a fresh record high of $78.54. However, amid the latest bout of broad-market turmoil, RSG found support earlier this week in the same area it did following October's patch of volati...Read More

The Trump administration is poised to propose maintaining Obama-era restrictions on mercury pollution from power plants, responding to opposition from electric utilities that have already spent billions of dollars to meet the requirements.At the same time, the Environmental Protection Agency is set to propose changes that may make it harder to toughen mercury emissions standards in the future by d...Read More

Gold futures clung to gains Wednesday to end at a six-month high, continuing to find a modicum of haven-related support as the U.S. stock market roared back from a Christmas Eve selloff amid what remains an ugly December for equity markets. Gold for February delivery GCG9, -0.22% on Comex rose $1.20, or 0.1%, to end at $1,273 an ounce, the highest close for a most-active contract since June 20, a...Read More

Nickel and palladium producer Norilsk Nickel (Nornickel) has terminated an agreement to sell its African assets to Botswana's state-run BCL Group, the Russian company said in a statement.BCL was expected to buy a 50% stake in Nkomati Nickel mine from Nornickel but it pulled out of the 3 billion pula ($281 million) deal about two years ago due to a lack of funds, prompting the Russian firm to file...Read More

A global nickel market deficit will nearly halve to 49,000 tonnes in 2019 from 93,000 tonnes this year on higher output of primary metals by global suppliers and of lower-grade nickel pig iron (NPI) in Indonesia, Sumitomo Metal Mining said on Tuesday.Sumitomo Metal, Japan's biggest nickel smelter, said global demand for nickel is seen increasing by 3.4 percent in 2019 from this year to 2.339 milli...Read More

The struggling stock has been the target of short sellersAuto parts name Aptiv (NYSE:APTV) has been charting a path steadily lower since topping out at a June peak above $103, down almost 40%. The bottom may not be in place yet, though, given the amount of optimism that's currently priced into the underperforming stock. For starters, 16 of 17 analysts covering APTV maintain a "buy" or better rat...Read More

With more than 25 years' experience in the diamond industry - including 19 with De Beers - Stuart Brown was looking for a new opportunity. He found it as the president and CEO of Mountain Province Diamonds (TSX: MPVD; NASDAQ: MPVD)."I was quite excited by this," he said. "I think the mine has good potential, because it's just starting off. I thought I could add a lot of value with my prior rel...Read More

With more than 25 years' experience in the diamond industry - including 19 with De Beers - Stuart Brown was looking for a new opportunity. He found it as the president and CEO of Mountain Province Diamonds (TSX: MPVD; NASDAQ: MPVD)."I was quite excited by this," he said. "I think the mine has good potential, because it's just starting off. I thought I could add a lot of value with my prior rel...Read More

With more than 25 years' experience in the diamond industry - including 19 with De Beers - Stuart Brown was looking for a new opportunity. He found it as the president and CEO of Mountain Province Diamonds (TSX: MPVD; NASDAQ: MPVD)."I was quite excited by this," he said. "I think the mine has good potential, because it's just starting off. I thought I could add a lot of value with my prior rel...Read More

The analyst cited strong growth and M&A potentialThe shares of Roku Inc (NASDAQ:ROKU) are trading up 5.1% today at $28.55, after Needham called the streaming device stock its "Top Pick for 2019." The analyst in coverage cited strong growth potential, and said Roku could be an attractive takeover target.This bullish positioning toward Roku is hardly unusual, with nine of 13 analysts calling the sto...Read More

February crude futures are up more than 6% at middayIn the wake of Monday's historic Christmas Eve sell-off, stock market volatility has flared up once more, with the Dow Jones Industrial Average (DJI) exploring a 366-point trading range on both sides of breakeven so far. After hitting a fresh 15-month low earlier, the blue-chip index was up triple digits most recently, on track to snap a four-da...Read More

Gold is soaring, set for the biggest monthly gain in almost two years after the partial U.S. government shutdown and concerns about the 2019 economic outlook stoked demand for the metal as a haven.Gold futures touched a six-month high as U.S. stocks flirt with a bear market and the shutdown in Washington enters its fifth day amid no signs of progress to resolve the dispute over funding for a wall...Read More

The company cited strong sales of Amazon devicesThe shares of Amazon.com, Inc. (NASDAQ:AMZN) are up 2.8% to trade at $1,382.31, after the tech giant announced record breaking sales for the holiday season -- citing strong demand for Amazon devices. Today's pop puts the FAANG stock on track to snap its four-day losing streak, and potentially log its second win in nine sessions. More broadly, Amaz...Read More

How tax-related short covering can lead to gains in the first week of a new calendar yearShrewd investors can delay paying taxes on profits by a year if they wait until January to sell off their winners. Short sellers who have made money, likewise,can wait until the New Year before covering their shorts. If this phenomenon is prominent enough, then we should be able to identify some potential shor...Read More

The shares are higher today, though, on a $185 million Israeli grantThe shares of Intel Corporation (NASDAQ:INTC) are up 0.2% today to trade at $43.68, after the company inked a $185 million grant with the Israeli government. This comes as part of Intel's larger $5 billion expansion plans in Israel, where the chipmaker is one of the leading exporters and employers. It's been a roughly stretch f...Read More

Reports that AngloGold Ashanti Ltd. is considering a London listing provides some festive cheer to a city that's lost its way as a home for gold miners.While Toronto, Johannesburg and Sydney have long hosted the biggest producers, London vies with New York as the world's premier gold trading hub and its financiers have bankrolled the industry since the development of South Africa's giant gold fiel...Read More

Reports that AngloGold Ashanti Ltd. is considering a London listing provides some festive cheer to a city that's lost its way as a home for gold miners.While Toronto, Johannesburg and Sydney have long hosted the biggest producers, London vies with New York as the world's premier gold trading hub and its financiers have bankrolled the industry since the development of South Africa's giant gold fiel...Read More

Other than being the country where Cuban revolutionary Che Guevara was killed, most North Americans know little about Bolivia.The landlocked country is surrounded by Peru, Brazil, Paraguay, Argentina and Chile. Today, it is South America's poorest nation. But in the 1960s, Bolivia was going to be the launchpad of Che Guevara's socialist revolution.Ernesto "Che" GuevaraChe's legacyBorn in Argentina...Read More

Oil prices are higher this morning, tooStock futures are trading above fair value this morning, pointing to a recovery from a historically brutal Christmas Eve trading session that pushed the Dow Jones Industrial Average (DJI) to a 15-month low, and the S&P 500 Index (SPX) to the cusp of bear-market territory. Amid what's expected to be another low-volume session, oil prices will be in focus, with...Read More