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
Nevada is home to world-class gold districts, and gold mining around Nevada's Battle Mountain-Eureka region and the Cortez trend continues to attract attention from companies and investors alike.Read full newsRead More
"What we are doing is what we call real time development. We are going for our permits to install a ...Read full newsRead More
Outstanding earnings from Procter & Gamble drove the Dow higherU.S. stocks closed today mixed, with the Dow staying afloat on the back of impressive blue-chip earnings -- specifically, from American Express (AXP) and Procter & Gamble (PG). The S&P spent the session dancing around breakeven, eventually closing lower alongside the Nasdaq and struggling tech stocks. Regardless, both the Dow and S&P m...Read More
The stock has been halted most of the day Stocks are trading higher today and are set to close the week with a win. Two names in particular making a big move out of the healthcare sector are Anavex Life Sciences Corp. (NASDAQ:AVXL) and Dentsply Sirona Inc. (NASDAQ:XRAY), while China-based food processing concern Planet Green Holdings (NYSE:PLAG) soars. Here's what's moving shares of AVXL, XRAY, a...Read More
Netflix and a handful of Dow stocks moved on earningsIt was another roller-coaster week on Wall Street, as traders digested a slew of big-cap earnings reports and the latest economic data. September retail sales spooked investors early in the week, and another spate of lackluster housing data didn't help. In addition, the minutes from the Fed's September meeting took traders on a wild ride mid-wee...Read More
Long put options offer a way to bet bearishly with limited riskA put option is like a call in that it is a type of derivative that relies on the movement of the underlying stock to make a profit. Unlike a call option, a put gains value when the underlying stock moves lower. Buying a put is a bearish bet that gives the trader the right, but not the obligation, to sell the underlying shares for a sp...Read More
NMC is the most popular of the chemistries currently used in batteries by EV manufacturers, and market share is expected to expand dramatically in new EV sales, a new outlook for electric vehicle battery metals report published by Fitch Solutions reveals.The growing EV market will spur global demand for metals through their use in a wide range of chemistry combinations within the cathodes of lithi...Read More
NMC is the most popular of the chemistries currently used in batteries by EV manufacturers, and market share is expected to expand dramatically in new EV sales, a new outlook for electric vehicle battery metals report published by Fitch Solutions reveals.The growing EV market will spur global demand for metals through their use in a wide range of chemistry combinations within the cathodes of lithi...Read More
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Kenya plans to set up a gold refinery to help small scale miners in the west of ...Read full newsRead More
Gold futures fell Friday but secured a weekly advance, their third in a row, as a leading dollar index softened and stocks put in a mixed session. Investors kept tabs on budget tensions in Europe, which could have consequences for broader market sentiment. December gold GCZ8, -0.01% fell $1, or 0.1%, to $1,229.10 an ounce after spending time in positive and negative territory. The ICE U.S. Dollar...Read More
Gold futures fell Friday but secured a weekly advance, their third in a row, as a leading dollar index softened and stocks put in a mixed session. Investors kept tabs on budget tensions in Europe, which could have consequences for broader market sentiment. December gold GCZ8, +0.06% fell $1, or 0.1%, to $1,229.10 an ounce after spending time in positive and negative territory. The ICE U.S. Dollar...Read More
Incyte Corporation reported upbeat mid-stage results for its lung cancer treatmentEarlier today, Incyte Corporation (NASDAQ:INCY) reported upbeat results from its mid-stage study of Capmatinib, the company's lung cancer treatment sponsored by Novartis (NOVN). Incyte Corporation says the successful development could net over $500 million in future milestones. INCY stock is up 3.4% to trade at $66....Read More
WASHINGTON, Oct 19 (Reuters) - The U.S. Environmental Protection Agency said on Friday it has withdrawn a regulation proposed in the last days of the Obama administration that aimed to tighten health and safety compliance rules for uranium miners.On Jan. 19, 2017 - a day before Donald Trump took office as president - the EPA had proposed standards to regulate by-product materials produced by urani...Read More
WASHINGTON, Oct 19 (Reuters) - The U.S. Environmental Protection Agency said on Friday it has withdrawn a regulation proposed in the last days of the Obama administration that aimed to tighten health and safety compliance rules for uranium miners.On Jan. 19, 2017 - a day before Donald Trump took office as president - the EPA had proposed standards to regulate by-product materials produced by urani...Read More
Three weeks ago, BMW stock tumbled after the German auto giant slashed revenue, profit and EBIT margin guidance blamingRead full newsRead More
Oct 19 - Iron ore producer Cleveland-Cliffs Inc Chief Executive Officer Lourenco Goncalves slammed Wall Street financial analysts on Friday, saying some of them were an "embarrassment" and did not understand his company's business.Responding to a question by B. Riley analyst Lucas Pipes during the company's quarterly earnings conference call, Goncalves blasted other analysts for what he called the...Read More
Tesla has finally released a $35,000 Model 3. The only problem? It costs $45,000.Read full newsRead More
President Trump and Chinese President Xi Jinping haveRead full newsRead More
But, on the bright side, weed is legal now, eh?!Read full newsRead More