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

Publisher's Note: Mr. James Dines runs one of the world's longest-lasting financial newsletters, The Dines Letter, and has become a legend among investors.Here is a look at how 2018 has worked out for his readers, and some guidance on where to be now and in the year to come.To your wealth,Nick HodgePublisher, Outsider ClubFashions, after all, are only epidemics. -George Bernard ShawFor some re...Read More

The U.S. Attorney's Office in Oregon says Harry Dean Proudfoot III, 78, used the scheme to steal $3.2 million from 140 investors.Read full newsRead More

Randy Smallwood, CEO at Wheaton Precious Metals, tells BNN Bloomberg the settlement the company has reached with the CRA will be positive for shareholders.Read full newsRead More

Randy Smallwood, CEO at Wheaton Precious Metals, tells BNN Bloomberg the settlement the company has reached with the CRA will be positive for shareholders.Read full newsRead More

Harry Dean Proudfoot III formed a Tigard-based company to attract investors and promised to use their money to mine two gravel pits in Ohio, but instead used the money for living expenses, cars and travel, according to court records and information disclosed at his trial.Read full newsRead More

A 78-year-old man who used to live in Tigard was convicted of running a fraudulent gold mining investment scheme which profited millions. His son previously pleaded guilty to wire fraud and money laundering. Harry Proudfoot and his son Matthew Proudfoot stole $3.2 million from 140 investors in a five-year scam, according to the U.S. Attorney's Office in Oregon. "Harry Proudfoot and his childre...Read More

The 552-carat yellow gem was found at the Diavik mine in the Northwest Territories, and is almost three times the size of the next largest ever found in CanadaRead full newsRead More

Concerns are rising about a global economic slowdownStocks ended the week on a dour note, with the Dow closing nearly 500 points in the red, marking its lowest settlement since May. The losses started with weak economic data out of China, and piled onafter healthcare icon Johnson & Johnson (JNJ) came under fire amid a report the company was aware of asbestos in its baby powder products for years....Read More

YRC Worldwide is being sued by the DoJThe Dow is trading in the red this afternoon due to the bearish economic data out of China. Three small-cap stocks to watch in today's action are transportation issue YRC Worldwide Inc (NASDAQ:YRCW), hydrogel specialist Alliqua Biomedical Inc (NASDAQ:ALQA), and biopharma name Idera Pharmaceuticals Inc (NASDAQ:IDRA). Let's take a closer look at the news on sh...Read More

Wheaton Precious Metals' (TSE: WPM) shares surged over 14% Friday, following the company's announcement that it had a reached settlement with the Canada Revenue Agency (CRA). The settlement provides for a final resolution of Wheaton's tax appeal in connection with the reassessment under transfer pricing rules for 2005 to 2010.Wheaton Precious Metals is one of the largest precious metals streaming...Read More

Wheaton Precious Metals' (TSE: WPM) shares surged over 14% Friday, following the company's announcement that it had a reached settlement with the Canada Revenue Agency (CRA). The settlement provides for a final resolution of Wheaton's tax appeal in connection with the reassessment under transfer pricing rules for 2005 to 2010.Wheaton Precious Metals is one of the largest precious metals streaming...Read More

Wheaton Precious Metals' (TSE: WPM) shares surged over 14% Friday, following the company's announcement that it had a reached settlement with the Canada Revenue Agency (CRA). The settlement provides for a final resolution of Wheaton's tax appeal in connection with the reassessment under transfer pricing rules for 2005 to 2010.Wheaton Precious Metals is one of the largest precious metals streaming...Read More

Wheaton Precious Metals' (TSE: WPM) shares surged over 14% Friday, following the company's announcement that it had a reached settlement with the Canada Revenue Agency (CRA). The settlement provides for a final resolution of Wheaton's tax appeal in connection with the reassessment under transfer pricing rules for 2005 to 2010.Wheaton Precious Metals is one of the largest precious metals streaming...Read More

Micron will report earnings after next Tuesday's closeMicron Technology, Inc. (NASDAQ:MU) earnings are due after the close next Tuesday, Dec. 18. The graphics chip stock has a history of positive earnings reactions, closing higher the next day in five of the past eight quarters. Options traders today are betting on more of the same this time around, even as MU stock trades near a trendline with hi...Read More

The analyst downgraded Walgreens stock to "sell"A downgrade from Goldman Sachs has shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) reeling today. At last check, the stock is 3.7% lower to trade at $79.27. The analyst cut WBA to "sell" from "neutral," citing a deteriorating retail pharmacy business and "issues facing core growth drivers." Goldman also slashed its price target on the stock to $6...Read More

H.C. Wainwright upgraded the shares to "buy" and set a lofty price targetWhile most healthcare stocks are taking their cues from Johnson & Johnson (JNJ) today, the shares of Bausch Health Companies Inc (NYSE:BHC) -- formerly Valeant Pharmaceuticals -- are in the black, thanks to some upbeat analyst attention. Specifically, H.C. Wainwright upgraded BHC shares to "buy" from "neutral," and more than...Read 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

High expectations often come at a cost. For Chile's President Sebastian Pinera, the second year in office looks to be riddled with challenges in keeping up with lofty promises of economic revival, passing important tax and pension reforms in a congress where he does not have majority, and unraveling redtape to stoke investment. Not to mention, the risk of the global trade war that would hurt coppe...Read More

The Dow and S&P 500 are heading toward weekly lossesAfter a rough start for stocks in December, volatility was the name of the game this week on Wall Street. The Dow, S&P 500 Index (SPX), and Nasdaq Composite (IXIC) endured wild swings all week, as investors monitored an onslaught of U.S-China trade headlines. A resurgent tech sector helped ease the blow, setting the Nasdaq up for a weekly win. Th...Read More

Falcon Gold (TSXV: FG) reported that it completed its 2018 exploration program this week on the Esperanza Resources mineral concessions located in La Rioja province, western Argentina.According to Falcon Gold, the work program was focused on three of its seven concessions, namely ERSA VIII, IX, and X. The idea was to advance the company's knowledge of the historically identified gold, silver and c...Read More