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
Most analysts are already bullish on the nameLeerink resumed coverage on Adamas Pharmaceuticals Inc (NASDAQ:ADMS) with an "outperform" rating and $20 price target -- a nearly 75% premium to last night's close. After surging as much as 6.9% in early trading, ADMS stock was last seen down 1.2% at $11.32.More broadly speaking, it's been a rough stretch for ADMS shares, which have shed 61% year-over-y...Read More
The analyst cited an unusual amount of uncertaintiesAsure Software Inc (NASDAQ:ASUR) is getting hammered today, last seen down 9.2% at $6.46, and it earlier hit a two-year low of $6.27. This puts the shares on pace for a fourth straight straight daily decline, as they continue to pull back from a May high near $20 under the pressure of their 50-day moving average. Today's losses come after Dougher...Read More
The former Dow stock is pacing toward its best day since JuneIt's a mixed session on Wall Street as traders weigh U.S.-China trade news against spiraling oil prices. Among individual stocks making notable moves are former Dow component General Electric Company (NYSE:GE), LED specialist Cree, Inc. (NASDAQ:CREE), and real estate investment trust (REIT) JBG SMITH Properties (NYSE:JBGS). Here's a quic...Read More
The joint venture of Vancouver-based Azincourt Energy and New Age Metals has received assays up to 4.1% lithium oxide from the Silverleaf pegmatite samples at their Lithium One project 125 km northeast of Winnipeg.The results follow a comprehensive ground mapping and sampling field program this summer. High grades were also found in nine samples that exceeded 2% and five samples that exceeded 3%...Read More
The joint venture of Vancouver-based Azincourt Energy and New Age Metals has received assays up to 4.1% lithium oxide from the Silverleaf pegmatite samples at their Lithium One project 125 km northeast of Winnipeg.The results follow a comprehensive ground mapping and sampling field program this summer. High grades were also found in nine samples that exceeded 2% and five samples that exceeded 3%...Read More
Gold prices ended lower Tuesday, logging a fourth straight decline and the seventh down session out of the past eight, as a popular gauge of the dollar slipped but remained near its highest level in roughly 17 months. December gold GCZ8, -0.03% fell $2.10, or 0.2%, to settle at $1,201.40 an ounce. It dipped to a low of $1,196.60, but also crossed briefly into positive territory to touch a high o...Read More
Gold prices ended lower Tuesday, logging a fourth straight decline and the seventh down session out of the past eight, as a popular gauge of the dollar slipped but remained near its highest level in roughly 17 months. December gold GCZ8, -0.04% fell $2.10, or 0.2%, to settle at $1,201.40 an ounce. It dipped to a low of $1,196.60, but also crossed briefly into positive territory to touch a high o...Read More
Vancouver-based Colonial Coal International (TSX-V: CAD) has received the preliminary economic assessment for its 100% owned Gordon Creek metallurgical coal project located about 30 km south of Tumbler Ridge. Prepared by Stantec Consulting Services, the PEA demonstrates positive economics.The Gordon Creek project has an after tax and royalty net present value of $690.5 million with a 7.5% discou...Read More
QRVO became the latest Apple supplier to issue a tepid outlook Qorvo Inc (NASDAQ:QRVO) is the latest Apple supplier to slash its third-quarter forecast for profit and revenue, resulting in a price-target cut to $75 from $80 at Cowen earlier today. But while QRVO earlier fell to an annual low of $61, it was last seen slightly higher at $63.75, and activity in the options pits today points to a bul...Read More
Vancouver-based Colonial Coal International (TSX-V: CAD) has received the preliminary economic assessment for its 100% owned Gordon Creek metallurgical coal project located about 30 km south of Tumbler Ridge. Prepared by Stantec Consulting Services, the PEA demonstrates positive economics.The Gordon Creek project has an after tax and royalty net present value of $690.5 million with a 7.5% discou...Read More
If approved, merger would create the world's No.2 platinum producer as Lonmin is the world's third-largest while Sibanye-Stillwater is the fourth.Read full newsRead More
Tasca Resources (TAC-V) today announced it has acquired the Selish Mountain property, a 290-hectare block 15 kilometres southwest of Merritt, B.C., and 10 kilometres to the north of Westhaven Ventures Inc.'s Shovelnose gold property, where recent drilling has returned intersections of 8.95 grams per tonne gold over 46.2 metres and 24.5 g/t gold over 17.77 metres. Historic exploration on the Selish...Read More
Tasca Resources (TAC-V) today announced it has acquired the Selish Mountain property, a 290-hectare block 15 kilometres southwest of Merritt, B.C., and 10 kilometres to the north of Westhaven Ventures Inc.'s Shovelnose gold property, where recent drilling has returned intersections of 8.95 grams per tonne gold over 46.2 metres and 24.5 g/t gold over 17.77 metres. Historic exploration on the Selish...Read More
Tasca Resources (TAC-V) today announced it has acquired the Selish Mountain property, a 290-hectare block 15 kilometres southwest of Merritt, B.C., and 10 kilometres to the north of Westhaven Ventures Inc.'s Shovelnose gold property, where recent drilling has returned intersections of 8.95 grams per tonne gold over 46.2 metres and 24.5 g/t gold over 17.77 metres. Historic exploration on the Selish...Read More
Tasca Resources (TAC-V) today announced it has acquired the Selish Mountain property, a 290-hectare block 15 kilometres southwest of Merritt, B.C., and 10 kilometres to the north of Westhaven Ventures Inc.'s Shovelnose gold property, where recent drilling has returned intersections of 8.95 grams per tonne gold over 46.2 metres and 24.5 g/t gold over 17.77 metres. Historic exploration on the Selish...Read More
The Dow stock could hit record highs again soon, if past is prologueStaying with the theme of stocks to keep an eye on ahead of the holidays, today we are zeroing in on blue chip UnitedHealth Group Inc (NYSE:UNH). UNH landed a spot on Schaeffer's Senior Quantitative Analyst Rocky White's list of 25 stocks to buy before Thanksgiving, and is one of just two Dow names to make the cut. Below, we wil...Read More
The S&P stock has averaged the best Thanksgiving week return over the last 10 yearsIt was a dismal start to the week for semiconductor stocks as Apple (AAPL) suppliers sold off on concerns over iPhone demand. The sector is bouncing back today thanks in part to bullish brokerage attention for a pair of high-profile chipmakers, with Micron Technology, Inc. (NASDAQ:MU) up 2.4% to trade at $38.33. The...Read More
Seequent today announced it has signed an agreement to acquire Geosoft, a Canadian geoscience software company headquartered in Toronto. The acquisition brings together Seequent's Leapfrog 3D geological modelling software suite with Geosoft's subsurface geoscience and exploration data-driven technology - to create a subsurface offering for the mining, civil engineering, energy and environmental...Read More
SEDALIA, Missouri - Nucor Corp, America's largest steelmaker, planned a new plant in Sedalia, Missouri, long before U.S. President Donald Trump imposed tariffs to protect the industry - and it does not need them to make money.Although the firm helped lead the lobbying push for tariffs on imports, executives say they invested in Sedalia and two other sites to capitalize on an already profitable str...Read More
Shifting sentiment among analysts could work against FB stockThe chart of Facebook Inc. (NYSE:FB) stock has taken a turn for the worse. The shares of the social media giant have broken out of their long-term uptrend, and have been stuck in a downtrend since a massive July bear gap. What's more, a brief rebound attempt struggled to break through the $155-$160 area, site of FB's previous 2018 lows....Read More