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

How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More

Pullbacks to the 320-day have been buy signals in the pastWhile Autodesk, Inc. (NASDAQ:ADSK) hasn't officially set a date to report quarterly earnings, the software concern is expected to unveil its third-quarter figures relatively soon (Thomson Reuters Eikon has a tentative date of Tuesday, Nov. 20). While several Apple suppliers have taken it on the chin in recent weeks, ADSK's recent pullback c...Read More

JD shares are hovering above recent lows ahead of earningsChinese e-commerce powerhouse JD.com, Inc. (NASDAQ:JD) has seen its stock price plummet in recent months, even compared to the broad-market struggles. The shares have underperformed the S&P 500 Index by more than 25 percentage points during the past three months, while holding near two-year-low territory under the pressure of their 50-day m...Read More

HD's rough week has it below its year-to-date breakeven levelThe shares of Home Depot Inc (NYSE:HD) are down 0.5% to trade at $176.54 this morning, near the bottom of the Dow, after BofA-Merrill Lynch downgraded the home improvement retailer to "neutral" from "buy" while slashing its price target to $195 from $219. The analyst in coverage sees 2018 as peak earnings growth for HD, and that "the b...Read More

Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada's largest diversified miner, plans to announce in December which company will be its development partner at the Quebrada Blanca copper mine in northern Chile.In August, the Vancouver-based miner received regulatory approval for a $4.8 billion extension of the mine. Teck sees the Quebrada Blanca Phase 2 project as its most significant growth...Read More

Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada's largest diversified miner, plans to announce in December which company will be its development partner at the Quebrada Blanca copper mine in northern Chile.In August, the Vancouver-based miner received regulatory approval for a $4.8 billion extension of the mine. Teck sees the Quebrada Blanca Phase 2 project as its most significant growth...Read More

Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada's largest diversified miner, plans to announce in December which company will be its development partner at the Quebrada Blanca copper mine in northern Chile.In August, the Vancouver-based miner received regulatory approval for a $4.8 billion extension of the mine. Teck sees the Quebrada Blanca Phase 2 project as its most significant growth...Read More

Both chip stocks are gapping lower on weak current-quarter guidanceThe shares of Nvidia Corporation (NASDAQ:NVDA) have plunged 18.2% to trade at $166.30 -- fresh off a new annual low of $164.85, and headed for their worst day since July 3, 2008. This is a stinging reaction to the chipmaker's third-quarter earnings report, which beat on the bottom line, but revenue of $3.18 billion fell short of ex...Read More

JOHANNESBURG - South Africa's cash-strapped power utility Eskom said on Friday it had revised its coal strategy to focus on contracts that offer long-term, fixed prices and security of supply as it faces possible power outages and low stockpiles of the fuel."Eskom's long-term coal strategy has been revised to revert Eskom's coal supply to dedicated long-term coal contracts for the life of the stat...Read More

Nvidia reported lower-than-expected revenue and guidanceDespite snapping its losing streak yesterday, futures on the Dow Jones Industrial Average (DJI) are set to stumble into the weekend, down more than 150 points. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are lower as well, with the latter under particular pressure from the sinking semiconductor sector, after chipmaker Nvidia (NVD...Read More

SCVL stock has a history of huge earnings winsFootwear retailer Shoe Carnival, Inc. (NASDAQ:SCVL) is set to gain 12% at the open following the company's third-quarter earnings results. Earnings and revenue both topped expectations for the period, while same-store sales increased by 4.5%. Wedbush and Susquehanna were impressed, enough to raise their respective price targets to $47 from $42. To be s...Read More

The World Gold Council has published an update to its Guidance Note on all- in sustaining costs (AISC) and "all- in costs", which was first issued in June 2013.The Council worked closely with its member companies to develop these non-GAAP measures which are intended to provide further transparency into the costs associated with producing gold. These non-GAAP measures are intended to provide furthe...Read More

The World Gold Council has published an update to its Guidance Note on all- in sustaining costs (AISC) and "all- in costs", which was first issued in June 2013.The Council worked closely with its member companies to develop these non-GAAP measures which are intended to provide further transparency into the costs associated with producing gold. These non-GAAP measures are intended to provide furthe...Read More

The World Gold Council has published an update to its Guidance Note on all- in sustaining costs (AISC) and "all- in costs", which was first issued in June 2013.The Council worked closely with its member companies to develop these non-GAAP measures which are intended to provide further transparency into the costs associated with producing gold. These non-GAAP measures are intended to provide furthe...Read More

Ontario-based White Metal Resources Corp. (TSXV: WHM) is growing its recently acquired Williams Gold property, located in central Newfoundland, where a gold rush seems to be taking place.In a media statement, the junior explorer announced that it has staked an additional 50 claim units totaling 1,250 hectares near the project and south of the former producing Beaver Brook Antimony mine.In detail,...Read More

Ontario-based White Metal Resources Corp. (TSXV: WHM) is growing its recently acquired Williams Gold property, located in central Newfoundland, where a gold rush seems to be taking place.In a media statement, the junior explorer announced that it has staked an additional 50 claim units totaling 1,250 hectares near the project and south of the former producing Beaver Brook Antimony mine.In detail,...Read More

Ontario-based White Metal Resources Corp. (TSXV: WHM) is growing its recently acquired Williams Gold property, located in central Newfoundland, where a gold rush seems to be taking place.In a media statement, the junior explorer announced that it has staked an additional 50 claim units totaling 1,250 hectares near the project and south of the former producing Beaver Brook Antimony mine.In detail,...Read More

OceanaGold (TSE: OGC) is interested in buying Bravada Gold Corporation's (TSXV: BVA) low-sulfidation Highland gold/silver project, located within the Walker Lane Gold trend in western Nevada, USA.Both companies have signed a letter of intent which stipulates that Oceana has until December 15, 2018, to accept the opportunity of earning up to 75% interest in the project.In detail, Oceana may earn a...Read More

OceanaGold (TSE: OGC) is interested in buying Bravada Gold Corporation's (TSXV: BVA) low-sulfidation Highland gold/silver project, located within the Walker Lane Gold trend in western Nevada, USA.Both companies have signed a letter of intent which stipulates that Oceana has until December 15, 2018, to accept the opportunity of earning up to 75% interest in the project.In detail, Oceana may earn a...Read More

OceanaGold (TSE: OGC) is interested in buying Bravada Gold Corporation's (TSXV: BVA) low-sulfidation Highland gold/silver project, located within the Walker Lane Gold trend in western Nevada, USA.Both companies have signed a letter of intent which stipulates that Oceana has until December 15, 2018, to accept the opportunity of earning up to 75% interest in the project.In detail, Oceana may earn a...Read More