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

ETSY just received another upgradeWhen we checked in on Etsy Inc (NASDAQ:ETSY) earlier this month, call buying was in vogue, but the activity has slowed down considerably since then. In fact, the e-commerce name's 10-day put/call volume ratio at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) has risen to 0.86, up from just 0.52 two w...Read More

London Metal Exchange zinc spreads are stressed, with the cash-to-three-months premium hitting a one-year high of $63 per tonne earlier this week.LME stocks are low, at just 99,900 tonnes excluding metal earmarked for physical load-out.It's the same story in Shanghai.Physical tightness in the refined segment of the market, it seems, is not going to go away any time soon, either in Shanghai or in...Read More

Blackrock Gold Resources (TSXV:BRC, OTC:BKRRF, FRANKFURT:AHZ) (theRead full newsRead More

Ely Gold Royalties (TSXV:ELY, OTC:ELYGF) (Read full newsRead More

CAPE TOWN, Oct 24 (Reuters) - Mali's first independent power project - a 122 million euro ($139.06 million), 90-megawatt diesel plant - will go online next week in the country's gold-rich southwest, a board member of the operator said on Wednesday.The new plant could spur more of the foreign investment Mali has struggled to attract since Islamist militants seized the desert north in 2012.French fo...Read More

New home sales fell to a nearly two-year low in SeptemberThe Dow Jones Industrial Average (DJI) has explored a more than 400-point range on both sides of breakeven today. While strong earnings from Boeing (BA) initially propped the blue-chip index up over 100 points, a disappointing reading on new home sales -- which fell 5.5% to a roughly two-year low last month -- has soured investor sentiment,...Read More

CAPE TOWN, Oct 24 (Reuters) - Mali's first independent power project - a 122 million euro ($139.06 million), 90-megawatt diesel plant - will go online next week in the country's gold-rich southwest, a board member of the operator said on Wednesday.The new plant could spur more of the foreign investment Mali has struggled to attract since Islamist militants seized the desert north in 2012.French fo...Read More

Marijuana stocks are in "early internet" territory.Amazon's early investors walked away with over 79,000% in profits. And this same phenomenon is happening in the cannabis space right now.Remember, the dotcom bubble separated out the real companies from the fake.Which is why it's so important to "weed" out the companies that might not survive this volatile but opportune time.Now, the race has ser...Read More

Short-term options are pricing in elevated volatility expectations at the momentTwitter Inc (NYSE:TWTR) is scheduled to report third-quarter earnings before the market opens tomorrow, Oct. 25. TWTR stock has been relatively quiet on the charts over the last two months, per the stock's 60-day historical volatility of 40.9%, which registers in the 6th annual percentile. However, the options market i...Read More

History suggests the railroad stocks' pullback is a buying opportunityThe shares of Norfolk Southern Corp. (NYSE:NSC) are higher in early trading, as traders applaud the company's quarterly earnings report. What's more, the stock's rally could have legs, if recent history is any indicator. In addition, fellow railroad stock Union Pacific Corporation (NYSE:UNP) could be flashing buy before the comp...Read More

CTXS shares are testing support north of the century markShares of Citrix Systems, Inc (NASDAQ:CTXS) are hovering near breakeven at $102.20 today, as traders gear up for the company's third-quarter earnings, which are set for release after the market closes tonight. Below we will take a look at how CTXS has been faring on the charts, and at what the options market has priced in for the stock's po...Read More

The brokerage firm said the stock's recent pullback creates an attractive valuationGoldman Sachs upgraded Lockheed Martin Corporation (NYSE:LMT) to "buy" from "neutral," and added the Boeing (BA) rival to its "conviction list," saying a "recent pullback in shares makes valuation more attractive." The brokerage firm also raised its price target by $3 to $394. Nevertheless, the shares are down 0.6%...Read More

How do you measure success?The mining sector continues to look for ways to improve efficiencies and lower costs and drilling companies are following suit. At the end of the day, the best drilling contractors know that it's all about providing maximum value to the customer.Drilling the meters is only one part of the equation and other metrics provide guidance to total value.To quantify drilling eff...Read More

Can you provide an introduction to Wheaton Precious Metals' core business and the history of the company? It takes capitalRead full newsRead More

Earnings are less than a week away3D Systems Corporation (NYSE:DDD) is trading up 4.3% at $17.40 this morning, after Piper Jaffray upgraded the stock to "neutral" from "underweight" and lifted its price target to $17 from $14. The brokerage firm cited the company's recent partnership with Align Technology (ALGN) as a source of future growth, along with the launch of DDD's Figure 4 platform. Before...Read More

SAN FRANCISCO, Oct 24 (Reuters) - Tesla Inc reported a net profit, positive cash flow and fatter-than-expected margins for the latest quarter on Wednesday, delivering on Chief Executive Elon Musk's promise to turn the electric carmaker profitable as higher production volumes of its new Model 3 began to pay off.Tesla reiterated that it expected to repeat its positive net profit in the current quart...Read More

JBLU has wildly underperformed in 2018JetBlue Airways Corporation (NASDAQ:JBLU) is 2% lower in electronic trading, after the stock received two price-target cuts overnight. The bear notes come roughly 24 hours after the company reported a drop in third-quarter profit -- though the results still beat the consensus estimate -- with Stifel and Imperial Capital lowering their respective price targets...Read More

Newcrest Mining Ltd, Australia's largest independent gold miner, said on Wednesday that gold production rose 5 percent in the first quarter from the year-ago period, led by a sharp increase at its flagship Cadia mine.Production rose to 548,351 ounces for the quarter ended Sept. 30 from 522,917 ounces a year ago. This was less than the UBS forecast of 619,000 ounces, and below the 634,950 ounces in...Read More

Newcrest Mining Ltd, Australia's largest independent gold miner, said on Wednesday that gold production rose 5 percent in the first quarter from the year-ago period, led by a sharp increase at its flagship Cadia mine.Production rose to 548,351 ounces for the quarter ended Sept. 30 from 522,917 ounces a year ago. This was less than the UBS forecast of 619,000 ounces, and below the 634,950 ounces in...Read More

Newcrest Mining Ltd, Australia's largest independent gold miner, said on Wednesday that gold production rose 5 percent in the first quarter from the year-ago period, led by a sharp increase at its flagship Cadia mine.Production rose to 548,351 ounces for the quarter ended Sept. 30 from 522,917 ounces a year ago. This was less than the UBS forecast of 619,000 ounces, and below the 634,950 ounces in...Read More