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

Freeport-McMoRan Inc.'s annual LME Week party is usually an opportunity for Chief Executive Officer Richard Adkerson to hobnob with the traders and consumers who buy copper from his mining company. At this year's event, he was surrounded by investment bankers.We are probably not going to see massive M&A from the majors in the next 12 months.With its biggest stock overhang - a deal around its flags...Read More

Caesars stock has struggled in 2018Stocks are trading lower today, pulling back some from yesterday's impressive rally. Meanwhile, casino concern Caesars Entertainment Corporation (NASDAQ:CZR) and biopharma name Axsome Therapeutics Inc (NASDAQ:AXSM) are trading higher, while construction stock Installed Building Products Inc (NYSE:IBP) sinks. Let's look closer to see what's moving shares of CZR, A...Read More

Gold futures settled lower on Wednesday and extended their decline into electronic trading as a benchmark U.S. dollar index climbed to fresh session highs, shortly after the release of minutes from the Federal Reserve's September monetary policy meeting. A key benchmark for the dollar, the ICE U.S. Dollar Index DXY, -0.05% touched an intraday high of 95.543, up 0.5%, as minutes from Federal Open...Read More

CARLIN - A slide at the Gold Quarry open pit mine led Newmont Mining Corp. to suspend operations at the site earlier this month.Read full newsRead More

Coeur to Acquire Projects Adjacent to its Rochester Operation From Alio Gold for $19 Million Chicago, Illinois - October 16, 2018 - Coeur Mining, Inc. (Read full newsRead More

CHICAGO--(BUSINESS WIRE)--Oct 16, 2018--Coeur Mining, Inc. (" Coeur " or the " Company ") (NYSE: CDE) is pleased to announce that it has entered into a definitive agreement (the "Read full newsRead More

Express Scripts excluded Teva's migraine drug from coverage Drugmaker Teva Pharmaceutical Industries Ltd (NYSE:TEVA) is lower today, down 4.7% to trade at $21.24, amid reports that Express Scripts (ESRX) excluded Teva's migraine drug from coverage. In addition to the drop today, TEVA recently flashed a bearish signal, indicating the slide may be far from over.Teva stock, for the second time with...Read More

The S&P 500 could outperform, if recent history is any indicatorThe S&P 500 Index (SPX) last week suffered its worst five-day stretch since March, giving up more than 4% to continue its stretch of selling off after Fed rate hikes. What's more, last week we saw the most 52-week lows since February 2016. However, this could be a bullish signal for the stock market, if recent history is any indicator...Read More

SANTIAGO, Oct 17 (Reuters) - The Chilean government said on Wednesday it would seek international arbitration over what it alleged was the failure of lithium miner Albemarle Corp to adhere to the terms of a contract drawn up in 2016.The state development agency Corfo said U.S.-based Albemarle had failed to make a "serious" offer for as much as 25 percent of its annual production capacity to be pro...Read More

Oppenheimer expects one penny stock to more than doublePenny stock AzurRx BioPharma Inc (NASDAQ:AZRX) is higher today, after analysts predicted the stock will more than double. Specifically, Oppenheimer initiated coverage of AZRX with an "outperform" rating and a $6 price target -- a premium of 140% to yesterday's close, and in record-high territory. Similarly, the shares of generic drugmaker Akor...Read More

European auto sales tumbled 23% in September after new emissions test rules took hold, dragging the auto sector lower and halting today's rally.Read full newsRead More

Goldplay Exploration CEO Marcio Fonseca talks about three important things investors should know about the company.Read full newsRead More

Generic Gold Corp. (CSE:GGC) (FSE: 1WD) (Read full newsRead More

AXP is just above breakeven year-to-dateAmerican Express Company (NYSE:AXP) is trading slightly lower this afternoon, after Oppenheimer lowered its price target on the Dow name to $111 from $113. This bear note is not completely unheard of for AXP, as 10 out of 19 covering firms sport tepid "hold" ratings. What's more, it comes just before the lending company is scheduled to report third-quarter e...Read More

Hedge funds that doubled down on bearish gold wagers are facing a gut check.The metal is in the middle of a surprise advance, posting the fastest rally since the Brexit vote as a surge in haven demand combines with seasonal buying. The sudden snap of its unlucky streak - bullion has declined every month since April - blindsided fast-money investors, but that could be good for gold bugs.Here's the...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

Oct 17 (Reuters) - Glencore Plc said its chairman Tony Hayward will no longer be attending the Future Investment Initiative conference in Saudi Arabia, confirming a report in the Financial Times.He is the latest top executive to pull out of next week's high profile conference, amid widespread concern about the fate of journalist Jamal Khashoggi.Khashoggi, a U.S. resident and Washington Post column...Read More

Oct 17 (Reuters) - Glencore Plc said its chairman Tony Hayward will no longer be attending the Future Investment Initiative conference in Saudi Arabia, confirming a report in the Financial Times.He is the latest top executive to pull out of next week's high profile conference, amid widespread concern about the fate of journalist Jamal Khashoggi.Khashoggi, a U.S. resident and Washington Post column...Read More

Options traders are expecting a bigger-than-normal post-earnings move from NUENucor Corporation (NYSE:NUE) reports earnings before the open tomorrow, Oct. 18, and the stock has been selling off ahead of the event. NUE shares were last seen down 0.6% at $58.62, setting them up for the lowest close of 2018. The equity fell through long-term support at the 320-day moving average earlier this month, a...Read More

LUSAKA, Oct 17 (Reuters) - Mining companies operating in Zambia will still meet their operational costs even after the government imposes higher taxes in Africa's No.2 copper producer, its finance minister said on Wednesday.Mwanakatwe told parliament that even with the proposed taxes, we are confident that mining companies will be able to meet their operational costs.Zambia plans to introduce new...Read More