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

MRVL, PPG, and LPT are joining in on the broad-market gainsU.S. stocks are on the rebound today, the Dow trading up more than 350 points at midday. Three names in particular making strong moves to the upside are semiconductor issue Marvell Technology Group Ltd. (NASDAQ:MRVL), paint supplier PPG Industries, Inc. (NYSE:PPG), and real estate investment trust (REIT) Liberty Property Trust (NYSE:LPT)....Read More

Less than a year after B2Gold Corp. (TSX: BTO; NYSE-AM: B2G) declared commercial production at its 80%-owned Fekola mine in southwestern Mali, the gold producer has updated the mine's resource estimate.Based on about 192,000 metres of exploration drilling in 928 holes, B2Gold estimates Fekola now contains 92.81 million indicated tonnes grading 1.92 grams gold per tonne for 5.73 million ounces of...Read More

Less than a year after B2Gold Corp. (TSX: BTO; NYSE-AM: B2G) declared commercial production at its 80%-owned Fekola mine in southwestern Mali, the gold producer has updated the mine's resource estimate.Based on about 192,000 metres of exploration drilling in 928 holes, B2Gold estimates Fekola now contains 92.81 million indicated tonnes grading 1.92 grams gold per tonne for 5.73 million ounces of...Read More

Gold futures settled with a modest gain Thursday, finding support in the wake of sizable losses a day earlier as data showed that orders for core capital goods in the U.S. fell in September. "The U.S. core durable number was soft and this took the shine of the durable good order data," said Naeem Aslam, chief market analyst at Think Markets UK. "Hence, there is still a strong demand for gold and i...Read More

Learn what factors could drive the gold price over the next 12 months, and explore three gold ETF trading ideas.Read full newsRead More

GLUU is trading higher amid heavy volumesThe shares of mobile game maker Glu Mobile Inc. (NASDAQ:GLUU) are rallying today, with some pointing to a very bullish presentation from Stansberry Research that suggested the stock could rise exponentially. Whatever the reason, GLUU is trading 12.6% higher at $6.32, with volume already at the highest point in over a year. Meanwhile, options are also seein...Read More

Volkswagen plans a multi-million euros investment to produce battery cells with South Korea's SK Innovation and is exploring a European partnership in the area of mobility services with Waymo, Manager Magazin said.Read full newsRead More

Anheuser-Busch InBev slashed its dividend as it reported weaker profit and lower volumes in several key markets, underscoring the Budweiser maker's struggle with declining beer consumption.Read full newsRead More

The Dow and Nasdaq are higher, tooThe Dow Jones Industrial Average (DJI) is on the rebound today, up more than 350 points as earnings season hits high gear. A positive reaction for Microsoft's (MSFT) quarterly results has the tech stock at the top of the Dow, while the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are both confidently higher as well, with the former set to snap its six-day los...Read More

GDX believers look set for a painful smackdownAfter spending the first half of this year extending the range-bound price action that characterized its trading in 2017, the VanEck Vectors Gold Miners ETF (GDX) made a fast break below the "lower rail" of its sideways channel around $21 in early August. The commodity fund's rapid bearish momentum had it slicing through former support at its 160-week...Read More

Robust global steel production numbers released on Wednesday gave another boost to the price of iron ore, sending the steelmaking raw material to the highest price since early February this year.Benchmark prices at the Chinese port of Qingdao of 62% Fe content ore jumped nearly 2% on Thursday to trade at $76.04 per dry metric tonne, according to data supplied by Fastmarkets MB. Steelmaking coal...Read More

Meet the innovative company crushing the competition.Nothing's hotter than this stock right now.Professional sports franchises and celebrities across the globe are pumped about it. Even Justin Bieber and his group are excited. The next wave of giant sportswear companies is going to be based on this new "tech" apparel industry and its potential to reshape both the apparel and technological landscap...Read More

Both names are set to report after tonight's closeAmazon.com, Inc. (NASDAQ:AMZN) is slated to report third-quarter earnings after tonight's close. Currently, Trade-Alert pegs the implied earnings deviation at 9.1%, more than doubling the 4% move the FAANG stock has averaged over the last two years. Five of those eight earnings reactions have been positive, including the past four in a row, while j...Read More

Following LME Week, Mr Benedikt Sobotka, CEO of Eurasian Resources Group (ERG), one of the world's leading diversified natural resources groups, predicts a strong metals recovery ahead.Our view that commodities have fallen foul of wider macroeconomic concerns and the changing geopolitical landscape was confirmed at this year's LME Week. One of the issues that came up repeatedly was the fact that g...Read More

Following LME Week, Mr Benedikt Sobotka, CEO of Eurasian Resources Group (ERG), one of the world's leading diversified natural resources groups, predicts a strong metals recovery ahead.Our view that commodities have fallen foul of wider macroeconomic concerns and the changing geopolitical landscape was confirmed at this year's LME Week. One of the issues that came up repeatedly was the fact that g...Read More

The shares tend to rebound after dips to the 200-day moving averageEnergy stocks have taken a hit in recent weeks, as oil prices drop on oversupply fears. However, the shares of Cheniere Energy, Inc. (NYSE:LNG) could be cheap at current levels, if recent history is any indicator. The stock has pulled back to a key trendline -- a technical signal that's had very bullish implications in the past.LNG...Read More

SunTrust Robinson cut its EA price target this morningIt's been a rough stretch for Electronic Arts Inc. (NASDAQ:EA), with the shares notching just three positive closes so far in October. Overall, EA stock is down 19% month-to-date -- pacing toward its biggest monthly loss since October 2008, when it lost 38.4%. Today, the security is up 3% at $99.12 in early trading, but this bounce may be due t...Read More

ALGT's horrible year continuesAllegiant Travel Company (NASDAQ:ALGT) is adding to its massive year-to-date losses after the company's earnings report. Earnings per share for the third quarter came in at 94 cents, lower than the average analyst estimate of 96 cents. As such, ALGT is trading down 6.6% at $107.86, pennies above the new four-year low it hit this morning, with Cowen jumping in with a p...Read More

Brazil's Vale SA , the world's largest iron ore producer, on Wednesday posted $1.408 billion in third-quarter net income, below the 2.23 billion a year-ago.Read full newsRead More

Q3 sees lower profit due to lower prices for gold and copper alongside higher fuel costs.Read full newsRead More