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

US - China trade tensions weighed on copper miners in 2018 as fears of a global economic slowdown overshadowed other fundamentals. Meanwhile gold producers struggled as bullion lost its safe-haven luster until late in the year.What's ahead in 2019?We asked four top executives from companies including Newmont Mining Corp. and Teck Resources Ltd. for their outlooks. From dealing with debt to dividen...Read More

Analysts were unusually upbeat toward the struggling cruise nameSubscribers to Schaeffer's Weekly Options Trader service scored a 118% profit with the Carnival Corp (NYSE:CCL) weekly 12/14 62-strikeput we recently recommended. We'll take a closer look at why CCL stock appeared on our bearish radar, and how the winning options trade unfolded.When we entered the position on Friday, Nov. 30, the crui...Read More

Don't listen to what miners say. Look at what they do.That's good advice for working out the long-term direction of commodities prices. Ask mining companies which of their mineral assets will see good long-term demand and they'll naturally answer, "All of them." But a look at spending can give the lie to that rosy outlook - and highlight the times when they're putting their money where their bu...Read More

Housing data will trickle in toward the end of the weekWhile the market has undoubtedly seen heightened volatility in the weeks leading up to Christmas, next week -- typically a bullish week for stocks -- should be relatively quiet, at least as far as Wall Street's calendar is concerned. Stocks will have an abbreviated session on Monday, with a break in trading on Tuesday for Christmas. The week w...Read More

The Air Force deal was a "very nice win" for the company, says RBCWhile most U.S. stocks are swimming in red ink today, shares of Pivotal Software Inc (NYSE:PVTL) are bucking the trend to trade higher. Bolstering the equity is an upgrade to "outperform" from "sector perform" at RBC, which waxed optimistic on Pivotal's software and services contract with the U.S. Air Force, calling it "a very nice...Read More

Bravada Gold (TSXV: BVA) (OTCQB: BGAVF) today announced an option/joint venture agreement has been fully executed with OceanaGold, giving the company the option to earn up to a 75% interest in Bravada's Highland gold-silver project in Nevada's Walker Lane Gold trend.The Highland project consists of 102 Federal lode claims for a total of approximately 825 hectares and is located along the Walker...Read More

Bravada Gold (TSXV: BVA) (OTCQB: BGAVF) today announced an option/joint venture agreement has been fully executed with OceanaGold, giving the company the option to earn up to a 75% interest in Bravada's Highland gold-silver project in Nevada's Walker Lane Gold trend.The Highland project consists of 102 Federal lode claims for a total of approximately 825 hectares and is located along the Walker...Read More

Bravada Gold (TSXV: BVA) (OTCQB: BGAVF) today announced an option/joint venture agreement has been fully executed with OceanaGold, giving the company the option to earn up to a 75% interest in Bravada's Highland gold-silver project in Nevada's Walker Lane Gold trend.The Highland project consists of 102 Federal lode claims for a total of approximately 825 hectares and is located along the Walker...Read More

Gold is likely to end 2018 with its first annual loss in three years, but sentiment has improved in recent months. Prices for the precious metal are on track for the biggest quarterly rise in nearly two years, with analysts forecasting further gains in 2019. "Gold has rallied, in fits and starts, since its August bottom," says Brien Lundin, editor of Gold Newsletter. As of Wednesday, the metal GCG...Read More

Volvo Construction Equipment (Volvo CE) has donated an articulated haul truck to train future equipment operators at Lehigh Career & Technical Institute (LCTI) in Schnecksville, Pennsylvania. The Volvo A35D hauler had been used on Discovery Channel's "Gold Rush" television series and will now serve as a training tool for high school students enrolled in the institute's Heavy Equipment Operations a...Read More

The selling continues on Wall StreetThe Dow Jones Industrial Average (DJI) continues to fall following yesterday's Fed decision, trading at fresh annual lows once again. A post-earnings decline from Dow component Walgreens Boots Alliance (WBA) is also weighing on the index, as are headlines about a potential looming government shutdown. This all has the S&P 500 Index (SPX) and Nasdaq Composite (IX...Read More

LONDON - The two-year rally in industrial metal prices came to an abrupt end at the start of June.The London Metal Exchange Index, a basket of the LME's major base metal contracts, hit a three-year high of 3499.6 in the first week of that month.Prices then imploded over the ensuing weeks and the blood-bath has continued ever since. The Index stood at 2845.5 as of Wednesday's close, back at mid-201...Read More

LONDON - The two-year rally in industrial metal prices came to an abrupt end at the start of June.The London Metal Exchange Index, a basket of the LME's major base metal contracts, hit a three-year high of 3499.6 in the first week of that month.Prices then imploded over the ensuing weeks and the blood-bath has continued ever since. The Index stood at 2845.5 as of Wednesday's close, back at mid-201...Read More

WBA stock is set for a sixth straight lossShares of Walgreens Boots Alliance Inc (NASDAQ: WBA) are down 3.3% to trade at $70.60 this morning, despite reporting quarterly adjusted earningsthat beat analysts' expectations. Traders are apparently reacting to a steeper-than-expected drop in same-store sales, and the pharmacy giant announced plans to cut more than $1 billion in costs over the next thre...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

It's a bold call given the current market climateDespite the huge declines in their share prices, many analysts have stuck behind FAANG stocks. Just this morning, Morgan Stanley named Facebook, Inc. (NASDAQ:FB), Amazon.com, Inc. (NASDAQ:AMZN), and Alphabet Inc (NASDAQ:GOOGL) its top picks from the internet space for 2019. The brokerage firm suggested that digital advertising won't be negatively ef...Read More

The company will research CBD-infused beverages for CanadaThe shares of Tilray Inc (NASDAQ:TLRY) are up 7.4% to trade at $76.25, after the company announced a $100 million joint venture with Anheuser Busch Inbev NV (NYSE:BUD) to research THC- and cannabinoid-infused beverages in Canada. The country, which legalized recreational pot in October, is expected to approve weed-based drinks and edibles i...Read More

* Codelco signs large supply deals with major clients* Asia including China accounts for about 50 percent of sales* Copper price down 20 percent from JuneLONDON/BEIJING - Chilean state miner Codelco has agreed to sell France's Nexans, China's Minmetals and U.S.-based Southwire 50,000 to 100,000 tonnes of copper each from 2019 to 2021 in rolling deals known as "evergreens", sources close to the mat...Read More

* Codelco signs large supply deals with major clients* Asia including China accounts for about 50 percent of sales* Copper price down 20 percent from JuneLONDON/BEIJING - Chilean state miner Codelco has agreed to sell France's Nexans, China's Minmetals and U.S.-based Southwire 50,000 to 100,000 tonnes of copper each from 2019 to 2021 in rolling deals known as "evergreens", sources close to the mat...Read More

One little-known company already has the key to efficient, high-quality, low-cost cannabis production.Cannabis 2.0 is coming.And it's going to be huge. With huge margins and international attention...The cannabis sector is poised to explode. Some analysts are predicting that the industry will reach $500 billion. With stakes that high, only the most efficient and competitive cannabis players will...Read More