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
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
Chilean environmental regulators have rejected plans by Albemarle Corp , the wor...Read full newsRead More
Home Depot reported better-than-expected third-quarter resultsAt last check, shares of Home Depot Inc (NYSE:HD) are down 1.5% to trade at $176.75, in spite of the retail name's better-than-expected third quarter earnings. The post-earnings downshift comes after the home improvement company said tariffs will have an impact on prices at its retail locations. HD announced third-quarter earnings per s...Read More
Macy's reports third-quarter earnings before the open tomorrow, Nov. 14Earnings season has a strong retail theme to it this week. One of the retail giantsdue up is Macy's Inc (NYSE:M), which will step into the earnings confessional for its third-quarter report before the open tomorrow, Nov. 14. Ahead of the event -- and a historically bullish period for Macy's -- the stock is down 0.1% today to tr...Read More
The diamond industry must deliver on its promise that consumers can trust the diamonds they purchase are sourced, traded, and processed responsibly, said a coalition of concerned civil society organizations today."Time is up for the diamond industry. Image is everything to the value of diamonds, yet the industry continues to be tainted by association with human rights abuses like child labour and...Read More
Home Depot, meanwhile, has reversed lower after earningsThe Dow Jones Industrial Average (DJI) is sporting modest gains at midday, as a swing higher for Apple (AAPL) stock and reports of revamped U.S.-China trade talks offset a post-earnings reversal for Home Depot (HD) and another day of sharp losses for oil prices. Specifically, December-dated crude futures are down 3.8% at $57.65 per barrel, he...Read More
"Abandon ship!" That's the advice that ABN Amro Group NV is giving any remaining Nyrstar NV investors.The central problem for Nyrstar is that it's increasingly looking like the company will struggle to refinance bonds due next year.Nyrstar, Europe's biggest zinc smelting company, is on an inevitable path toward a debt restructuring, said ABN's Philip Ngotho, whose bearish calls have proven profita...Read More
Two key Democratic Republic of Congo opposition leaders withdrew their support for a joint candidate in next month's election, increasing the likelihood that President Joseph Kabila's protege will win.The next government will be less likely to modify new mining legislation that's deeply unpopular with Glencore Plc and Randgold Resources Ltd for boosting taxes and removing investor protections.Tha...Read More
Two key Democratic Republic of Congo opposition leaders withdrew their support for a joint candidate in next month's election, increasing the likelihood that President Joseph Kabila's protege will win.The next government will be less likely to modify new mining legislation that's deeply unpopular with Glencore Plc and Randgold Resources Ltd for boosting taxes and removing investor protections.Tha...Read More
In just a few weeks, humanity may take its first paid ride into the age of driverless cars.Waymo, the secretive subsidiary of Google's parent company, Alphabet Inc., is planning to launch the world's first commercial driverless car service in early December, according to a person familiar with the plans. It will operate under a new brand and compete directly with Uber and Lyft. The early start ma...Read More
Susquehanna lifted its rating on both names to "positive"Chip stocks have had a rough stretch, as evidenced by the price action in the VanEck Vectors Semiconductor ETF (SMH), down 15% since its early September highs near $110. Susquehanna sees buying opportunity within the semiconductor space, though, and earlier today upgraded Nvidia Corporation (NASDAQ:NVDA) and Xilinx, Inc. (NASDAQ:XLNX) to "p...Read More
AAPL is lower after Goldman cut iPhone estimatesThe shares of Apple Inc. (NASDAQ:AAPL) are down 0.5% to trade at $193.25 this morning, after a price-target cut from Goldman Sachs to $209 from $222. In addition, the brokerage firm cut Apple's iPhone estimates for 2019, thinking it will produce 6% fewer iPhones next year because supplier Lumentum Holdings (LITE) recently slashed its shipment outlo...Read More