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

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

Oil prices reversed early losses on reports of Russian output cutsThe Dow traded in a range of more than 275 points on both sides of breakeven, before ultimately settling lower. The blue-chip barometer and its index peers kicked off the session in the red,amid reports thatWhite House advisor and China hawk Peter Navarro would be in attendance during the much-anticipated trade talks between Preside...Read More

Instead of reacting to what has been interpreted as the Fed Chair'sRead full newsRead More

The shares are headed for their fifth straight monthly winSubscribers to our Weekend Trader service recently doubled their money with the Walgreens Boots Alliance Inc (NASDAQ:WBA) January 2019 72.50-strike call. We'll take a closer look at what initially put WBA stock on our bullish radar, and how the winning options trade unfolded.When we entered the position on Monday, Oct. 29, the Dow stock had...Read More

Activity at the ANF's December puts may be tied to stockThe U.S. stock market is trading on both sides of breakeven today -- last seen higher -- as Wall Street follows headlines surrounding President Donald Trump and this weekend's G-20 summit. Among individual stocks making notable moves are retailers Abercrombie & Fitch Co. (NYSE:ANF) and Build-A-Bear Workshop, Inc. (NYSE:BBW), as well as addict...Read More

The railroad stock is pulling back to a pair of key trendlinesAfter touching an all-time high of $186.91 in mid-September, the shares of transportation concernNorfolk Southern Corp. (NYSE:NSC) pulled back with the broader equities market. The stock subsequently touched a short-term bottom on Oct. 23, and has bounced nicely from there. What's more, NSC is flashing a pair of historical buy signals o...Read More

Vancouver-based Goldcorp has poured the first gold at its Penasquito's Pyrite Leach project (PLP) in Zacatecas. Commissioning of the plant began in Q3 2018, and it is now treating existing tailings around the clock."PLP was a major investment decision for Goldcorp and one of the first that went through our Goldcorp investment framework." said David Garofalo, president and CEO of Goldcorp. "We ar...Read More

Vancouver-based Goldcorp has poured the first gold at its Penasquito's Pyrite Leach project (PLP) in Zacatecas. Commissioning of the plant began in Q3 2018, and it is now treating existing tailings around the clock."PLP was a major investment decision for Goldcorp and one of the first that went through our Goldcorp investment framework." said David Garofalo, president and CEO of Goldcorp. "We ar...Read More

Vancouver-based Goldcorp has poured the first gold at its Penasquito's Pyrite Leach project (PLP) in Zacatecas. Commissioning of the plant began in Q3 2018, and it is now treating existing tailings around the clock."PLP was a major investment decision for Goldcorp and one of the first that went through our Goldcorp investment framework." said David Garofalo, president and CEO of Goldcorp. "We ar...Read More

Vancouver-based SilverCrest Metals (TSXV: SIL) today announced that SSR Mining has agreed to purchase 8,220,645 common shares of the Company at a price of $3.73 per share for a total investment of $30.6 million in a non-brokered private placement financing.SSR will own 9.9% of the outstanding common shares of SilverCrest on a non-diluted basis. The private placement is expected to close on or ab...Read More

Vancouver-based SilverCrest Metals (TSXV: SIL) today announced that SSR Mining has agreed to purchase 8,220,645 common shares of the Company at a price of $3.73 per share for a total investment of $30.6 million in a non-brokered private placement financing.SSR will own 9.9% of the outstanding common shares of SilverCrest on a non-diluted basis. The private placement is expected to close on or ab...Read More

Vancouver-based SilverCrest Metals (TSXV: SIL) today announced that SSR Mining has agreed to purchase 8,220,645 common shares of the Company at a price of $3.73 per share for a total investment of $30.6 million in a non-brokered private placement financing.SSR will own 9.9% of the outstanding common shares of SilverCrest on a non-diluted basis. The private placement is expected to close on or ab...Read More

American Eagle will report third-quarter earnings next WednesdayThe shares of American Eagle Outfitters (NYSE:AEO) are down 3.2% to trade at $20.68 today. The stock initially got a halo lift from Abercrombie & Fitch (ANF) and its quarterly report, but it has ultimately pivoted lower.In response to the volatility today, and with American Eagle's own earnings report nearing, options traders are pil...Read More

Australian rare earths miner Lynas Corp (ASX: LYC) plans a short-term production shut down in December at its Lynas Advanced Materials Plant (LAMP) in Malaysia, once its annual production quota is met ahead of time at the end of November, Roskill reported today.Reaching the annual production limit is due to the Lynas NEXT program, which increased neodymium and praseodymium (NdPr) production from 5...Read More

Australian rare earths miner Lynas Corp (ASX: LYC) plans a short-term production shut down in December at its Lynas Advanced Materials Plant (LAMP) in Malaysia, once its annual production quota is met ahead of time at the end of November, Roskill reported today.Reaching the annual production limit is due to the Lynas NEXT program, which increased neodymium and praseodymium (NdPr) production from 5...Read More

Gold prices notched a modest gain on Thursday as a leading dollar index steadied and benchmark U.S. stock indexes saw a pullback a day after the Dow Jones Industrial Average scored its best performance in eight months. Gold for February deliveryGCG9, -0.21% which is the most-active contract, added 60 cents, or 0.05%, to settle at $1,230.40 an ounce. It settled 0.8% higher on Wednesday, then climbe...Read More

Across much of the Northeast, Midwest, and Plains, it has been one of the coldest and snowiest starts to the winter season on record. Read full newsRead More

Fed Chair Jerome Powell will speak in front of Congress The first week of a December -- a historically bullish month for stocks -- will be a busy one. There will be a Fed speaker every day except Friday, at which point the critical nonfarm payrolls report will take center stage. Of those speakers, Fed Chair Jerome Powell will garner the most attention, with the central banker addressing Congress....Read More

TJX put buying has picked up recentlyRetail stock TJX Companies Inc (NYSE:TJX) has pulled back dramatically in recent weeks, falling from around $56 to its current perch at $46.93, partly due to a negative earnings reaction last week. In fact, the stock is down more than 14% in November, pacing for its worst month in 10 years. However, brokerage firm Argus sees the pullback as a buying opportunity...Read More

"We need to reduce but would not want to reduce by much."Read full newsRead More