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

The Democratic Republic of Congo gave two groups of investors a four-week deadline to submit a joint proposal on the development of the multi-billion dollar Inga 3 hydropower plant.The government signed an accord with Chinese and Spanish consortia this week to advance the 11,000-megawatt facility, the first time it's formally appointed entities to draw up plans to develop Inga 3 since the project...Read More

The Democratic Republic of Congo gave two groups of investors a four-week deadline to submit a joint proposal on the development of the multi-billion dollar Inga 3 hydropower plant.The government signed an accord with Chinese and Spanish consortia this week to advance the 11,000-megawatt facility, the first time it's formally appointed entities to draw up plans to develop Inga 3 since the project...Read More

Trump may be facing an uphill battle he can't win in 2020.He's a successful businessman who never held public office before winning the Presidency...He's coming into power after an electoral college landslide...And he did it by beating an out-of-touch New Yorker opponent.Once in office, he launches a vast trade war, promising to stand up for America's heartland, with 890 increased tariffs in total...Read More

Traders have typically preferred MAT put optionsMattel, Inc. (NASDAQ:MAT) fell out of the gate this morning due to disappointing quarterly results from toymaking peer Hasbro (HAS). However, the stock has since bounced back, adding 0.6% to trade at $14.30, as the company prepares for its own earnings release scheduled for after the close on Thursday, Oct. 25. But even though MAT shares have a rocky...Read More

CLVS is on pace for its worst month since January 2016Several biotech stocks are getting demolished today, including Clovis Oncology Inc (NASDAQ:CLVS). It appears CLVS stock is down on encouraging data from rival AstraZeneca (AZN), after the latter's Lynparza was shown to halt or reverse tumor growth in ovarian cancer patients. Against this backdrop, Clovis stock was last seen down 19.72% at $21.1...Read More

Shandong Zhaojin Group , one of China's biggest gold miners, is scouring as...Read full newsRead More

Harmony Gold Mining Company Limited (HMY) has been on the move lately as the stock has risen by 9.9% in the past four weeks, and it is currently trading well above its 20-Day SMA.Read full newsRead More

BRING OFFERS! Rare 5-ac waterfront lot on highest point in McLean. Prime lot, no conservation easement permits unobstructed Potomac River views. Priv road, so no thru traffic. Perfect for exec/politician seeking private estate just mins from DC. Surrounded by multi-mill homes in prestigious McLean neighborhood. 5BR perc cert, approved grading plan, see disclosures.2018 Tax assessment $1,837,000.Re...Read More

Kenya plans to set up a gold refinery to help small scale miners in the west of ...Read full newsRead More

The retail stock is fresh off its best week in over a yearSneaker name Skechers USA Inc (NYSE:SKX) has seenheavy options trading in recent weeks, landing on Schaeffer's Senior Quantitative Analyst Rocky White's list of 20 S&P MidCap 400 Index (MID) stocks that saw the most options activity in the past 10 days. Names highlighted yellow are new to the list. SKX is fresh off its best week in over a...Read More

Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More

The shares have pulled back to historically significant supportGlass concern Corning Incorporated (NYSE:GLW) will report earnings before the open tomorrow, Oct. 23. The shares have pulled back with the broader stock market of late, but if recent history is any indicator, it could be time to bet bullishly on GLW.Corning stock notched a 17-year high of $36.56 on Sept. 21, but since then has surrende...Read More

These stocks are up big despite broad-market volatility The Dow is trading sharply lower at midday, giving up its early morning gains. However, three names still making big moves higher are mobile payments expert Net ElementInc (NASDAQ:NETE), bulk shipping concern DryShips Inc. (NASDAQ:DRYS), and regenerative tissue specialist CollPlant Holdings (NASDAQ:CLGN). Below we'll take a look at what's mov...Read More

After nine consecutive quarters of better-than-expected profit, Caterpillar Inc. still has some skeptics. The stock of the economic bellwether is headed for its worst monthly performance since 2015 as investors await third-quarter results on Tuesday. Investors are looking at industrial earnings with a "glass-half-empty" mindset, according to Karen Ubelhart of Bloomberg Intelligence.Caterpillar is...Read More

Jacobs Engineering Group Inc. agreed to sell its energy, chemicals and resources unit to Australia's WorleyParsons Ltd. for $3.3 billion to focus on its higher growth and margin aerospace and infrastructure businesses.Jacobs will get $2.6 billion in cash and about 58.2 million WorleyParsons shares, worth around $700 million and equal to about 11 percent of its stock, the Dallas-based company said...Read More

Jacobs Engineering Group Inc. agreed to sell its energy, chemicals and resources unit to Australia's WorleyParsons Ltd. for $3.3 billion to focus on its higher growth and margin aerospace and infrastructure businesses.Jacobs will get $2.6 billion in cash and about 58.2 million WorleyParsons shares, worth around $700 million and equal to about 11 percent of its stock, the Dallas-based company said...Read More

LIMA, Oct 22 (Reuters) - A strike at Shougang Group's iron ore mine in Peru by workers demanding higher pay has forced the company to declare force majeure on its shipments but has not reduced output, the mine's manager said on Monday.Some 800 workers, including at the port San Juan de Marcona, have taken part in the indefinite strike after negotiations over a new contract broke down, manager Raul...Read More

The bull market could be nearing its end, and a new panic is approaching.The U.S. Mint just issued a troubling report.It appears that sales of physical gold and silver are in full collapse.At the Mint, U.S. Gold Eagle coins sold through August have dropped 18% compared to last year.And sales of U.S. Silver Eagle coins fell a whopping 32.6% in August 2018 compared to August 2017.What exactly is go...Read More

Orsu Metals Corp. (TSXV:OSU) (Read full newsRead More

The burgeoning interest in gold has reached Wall Street, with Bank of America Merrill Lynch strategists backing bullish options linked to the precious metal.A negative view on the dollar, large short positions in gold futures and investor demand for portfolio protection are some of the reasons behind the call, investment strategists including James Barty wrote in a note on Friday."The current envi...Read More