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

Underground mine development is on schedule and at planned rates, Lundin Gold ( TSX: LUG) expects to reach the ore body at its Fruta del Norte project in Ecuador during the first quarter of 2019, and pour first gold at around this time next year, the company says.Better than anticipated ground conditions, less water than expected and higher productivity of project contractors, have enabled Lundin...Read More

Underground mine development is on schedule and at planned rates, Lundin Gold ( TSX: LUG) expects to reach the ore body at its Fruta del Norte project in Ecuador during the first quarter of 2019, and pour first gold at around this time next year, the company says.Better than anticipated ground conditions, less water than expected and higher productivity of project contractors, have enabled Lundin...Read More

Two analysts are recommending to buy KPTI after yesterday's dropYesterday, Karyopharm Therapeutics Inc (NASDAQ:KPTI) closed down 3.1% following the company's third-quarter results. However, not everyone's throwing in the towel on KPTI. In fact, Wedbush just moved in and upgraded the shares to "outperform" from "neutral" based on its belief that the shares are at an "attractive entry point." And th...Read More

Star Diamond Corporation (TSX: DIAM)today announced that Rio Tinto Exploration Canada ("RTEC") commenced an HQ core drilling program on 11 holes and 3,300 metres of drilling on five kimberlites.This program is the first phase of drilling of the Brownfields exploration program to investigate and prioritise the Fort ? la Corne kimberlites outside of the Star and Orion South kimberlites The core dri...Read More

Star Diamond Corporation (TSX: DIAM)today announced that Rio Tinto Exploration Canada ("RTEC") commenced an HQ core drilling program on 11 holes and 3,300 metres of drilling on five kimberlites.This program is the first phase of drilling of the Brownfields exploration program to investigate and prioritise the Fort ? la Corne kimberlites outside of the Star and Orion South kimberlites The core dri...Read More

Star Diamond Corporation (TSX: DIAM)today announced that Rio Tinto Exploration Canada ("RTEC") commenced an HQ core drilling program on 11 holes and 3,300 metres of drilling on five kimberlites.This program is the first phase of drilling of the Brownfields exploration program to investigate and prioritise the Fort ? la Corne kimberlites outside of the Star and Orion South kimberlites The core dri...Read More

Bullish traders can purchase long puts to hedge a stock positionDuring times of market volatility, even the most bullish of traders may become nervous about a stock's health. What's more, earnings season can leave stocks vulnerable to major downside moves. A "vanilla" option trader may buy puts to bet bearishly during these periods. Long puts, however, can also be purchasedas a sort of insurance p...Read More

SBH could reach another fresh annual high before the end of the yearAnother specialty retailer to keep an eye on during the upcoming holiday season is Sally Beauty Holdings, Inc. (NYSE:SBH), which made the top spot on Schaeffer's Senior Quantitative Analyst Rocky White's list of the 25 best retail stocks to own before Black Friday. Below, we will dive into why history says its a good time to hop...Read More

Permitting at Sandfire Resources' (TSXV: SFR; US-OTC: SRAFF) Black Butte copper project in Montana has been delayed by a new statewide standard for nitrogen during the growing season.The company says it will expand its mine plan to include a treated water reservoir that can meet Montana's new pollution standards year round. It has to add the information to its draft environmental impact statement...Read More

Permitting at Sandfire Resources' (TSXV: SFR; US-OTC: SRAFF) Black Butte copper project in Montana has been delayed by a new statewide standard for nitrogen during the growing season.The company says it will expand its mine plan to include a treated water reservoir that can meet Montana's new pollution standards year round. It has to add the information to its draft environmental impact statement...Read More

Permitting at Sandfire Resources' (TSXV: SFR; US-OTC: SRAFF) Black Butte copper project in Montana has been delayed by a new statewide standard for nitrogen during the growing season.The company says it will expand its mine plan to include a treated water reservoir that can meet Montana's new pollution standards year round. It has to add the information to its draft environmental impact statement...Read More

NFLX has struggled to recover from a rough OctoberThe shares of Netflix, Inc. (NASDAQ:NFLX) are down 3% to trade at $309.33 amid a flurry of headlines. First, Walt Disney (DIS) unveiled the details of its service that will be a direct competitor to Netflix. Plus, Nintendo said its Wii device won't be supporting the Netflix app next year. And to top it all off, the FAANG name is being sued by the...Read More

December crude futures briefly breached the $60-per-barrel mark earlierThe Dow Jones Industrial Average (DJI) is cutting into its impressive weekly gain today, as traders digest this morning's inflation data. Wall Street is also watching as oil prices sink further into bear market territory, with December-dated crude futures down 0.8% at $60.19 per barrel -- on track for their 10th straight declin...Read More

The SPY tends to do well after the Fed stands patThe Federal Open Market Committee (FOMC) concluded its two-day policy meeting yesterday, and the Fed's decision to stand pat on rates surprised no one. During the current tightening cycle, the stock market has done well a month after the Fed holds rates steady -- especially compared to after a rate hike -- and several stocks have typically outperfor...Read More

A tight copper market may be set to get a lot tighter, if a report this week from the world's biggest miner of the metal is any indication.Santiago-based Codelco posted the lowest quarterly copper production this year in the third quarter, according to Chile copper agency Cochilco. The company reported declines across all of its mines in September as ore grades fell an average of 5 percent in the...Read More

Construction is accelerating at Fortuna Silver Mines' (TSX: FVI; NYSE: FSM) Lindero project in Argentina and commercial production will start as planned at the end of the third quarter next year, the company says."The project has gained significant momentum," Jorge Ganoza, Fortuna's president and CEO, told analysts and investors on a conference call on its third quarter results.Fortuna decided to...Read More

Construction is accelerating at Fortuna Silver Mines' (TSX: FVI; NYSE: FSM) Lindero project in Argentina and commercial production will start as planned at the end of the third quarter next year, the company says."The project has gained significant momentum," Jorge Ganoza, Fortuna's president and CEO, told analysts and investors on a conference call on its third quarter results.Fortuna decided to...Read More

Construction is accelerating at Fortuna Silver Mines' (TSX: FVI; NYSE: FSM) Lindero project in Argentina and commercial production will start as planned at the end of the third quarter next year, the company says."The project has gained significant momentum," Jorge Ganoza, Fortuna's president and CEO, told analysts and investors on a conference call on its third quarter results.Fortuna decided to...Read More

The stock is on pace for its worst day everAt last check, Yelp Inc (NYSE:YELP) stock was trading down 27.7% at $31.45, after the company reported weaker-than-expected third-quarter sales and cut its full-year revenue forecast. The online review name is set for its worst day ever, and earlier touched a new annual low of $29.35. As such, a slew of analysts are downwardly revising their ratings and p...Read More

ALROSA, the world's largest diamond miner, today announced diamond sales results for October and the first ten months of 2018.In October, ALROSA Group sold $242.8 million worth of rough and polished diamonds, down 28% YoY. Rough diamond sales by value amounted to $233.9 million, polished diamond sales were $8.9 million. In October, demand for small-size inexpensive rough diamonds remained weakALRO...Read More