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
In what the company calls an industry breakthrough, Arizona based Urbix Resources has produced the first economically viable graphene-enhanced lightweight concrete.Urbix's research and development team created what they call a 'Graphenesque' additive that provides a 33% increase in compressive strength, a 32% reduction in CO2 emissions, and at a cost that is over 16% lower than the next best light...Read More
In what the company calls an industry breakthrough, Arizona based Urbix Resources has produced the first economically viable graphene-enhanced lightweight concrete.Urbix's research and development team created what they call a 'Graphenesque' additive that provides a 33% increase in compressive strength, a 32% reduction in CO2 emissions, and at a cost that is over 16% lower than the next best light...Read More
Gold buying began at the European open and accelerated after the weaker than expected CPI print, snapping above $1200 and extending gains on notable volumes...Read full newsRead More
Volatile session ends in heavy losses for major equity benchmarksU.S. stocks swung between minor gains and massive losses in today's wildly volatile session. Traders were temporarily relieved by this morning's tame reading on consumer inflation -- but sentiment remained skittish after Wednesday's steep sell-off, particularly as President Donald Trump continued to criticize the Fed's policy-tighten...Read More
Could this be 9 times more valuable than Google, Facebook, and Amazon combined?It's a gadget you could conceal in the palm of your hand. A gadget that could easily pass through airport security. A gadget that could be mass produced quickly.And a gadget that holds the technology set to blow the lid off a breakthrough $15 trillion tech revolution...Of course, this gadget could stand to make a lot of...Read More
American Express, Johnson & Johnson, and P&G will also report The Fed's September meeting minutes will be released next week, with Wall Street expected to search for clues to the pace of future rate hikes. Traders will also digest monthly retail sales and housing data. Meanwhile, earnings season kicks into gear, with several big names reporting, including Dow members American Express Company (NYSE...Read More
One company could be positioning itself to take over the cloud market.Both cloud computing and blockchain technology has changed the way modern society operates.Today the global public cloud market is nearing a colossal $200 billion and is growing at a 22% annual rate.Did you ever think in 2006 that Amazon Web Services would be the beast that it is today? The cloud computing division of Amazon is...Read More
There isn't much at the proposed mine site right now: just a long airstrip, with clusters of sturdy buildings in the middle of green mountains close to the Middle Kuskokwim River. But if completed, the Donlin gold mine would be one of the biggest in the world.Read full newsRead More
Gold prices surged Thursday to the highest in more than two months, with the metal's haven status in full force and attracting investment interest amid a sharp retreat for U.S. stocks that has infected foreign indexes. Gold gained as global stock markets suffered from broad declines Thursday. Major U.S. stock indexes headed lower Thursday, as well, failing to recover from Wednesday's plunge. The d...Read More
Traders shouldn't sweat the downturn, if history is any indicatorStocks on Wednesday suffered their worst day in months -- or years, in the case of the tech-rich Nasdaq Composite. The S&P 500 Index (SPX) endured its steepest one-day percentage loss since February, giving up 3.3%. Meanwhile, the S&P 500 ETF Trust (SPY) 14-day Relative Strength Index (RSI) fell below 25 -- into oversold territory. H...Read More
The options market is pricing in a bigger-than-usual post-earnings swing for JPMThird-quarter earnings season is about to get underway, with big-cap bank JPMorgan Chase & Co. (NYSE:JPM) set to take its turn in the spotlight ahead of the open tomorrow, Oct. 12. The financial stock has been relatively quiet over the last two months, per its 60-day historical volatility of 15% -- in the low 15th perc...Read More
Activision Blizzard's pullback yesterday could have bullish implicationsYesterday, Activision Blizzard, Inc. (NASDAQ:ATVI) moved 5.2% lower with the broad market sell-off, extending a recent pullback from the past week. The good news is that this dip could have bullish implications in the next month, if history is any guide. ATVI is now within one standard deviation of its 200-day moving average...Read More
Argo, a UK-based provider of cryptocurrency mining services, is pleased to announce the launch of Bitcoin, the world's largest cryp...Read full newsRead More
Critics worry about long-term storage of tailings upstream from Portland Canal.Read full newsRead More
There isn't much at the proposed mine site right now: just a long airstrip, with clusters of sturdy buildings in the middle of green mountains close to the Middle Kuskokwim River. But if completed, the Donlin gold mine would be one of the biggest in the world. Listen nowRead full newsRead More
Chile's Supreme Court upheld an environmental order for a gold mine owned b...Read full newsRead More
SANTIAGO, Oct 11 (Reuters) - Chile's Constitutional Court on Thursday suspended a deal allowing the sale of a coveted stake in lithium producer SQM to China's Tianqi Lithium Corp after agreeing to hear arguments in a lawsuit filed by the Chilean miner's controlling shareholder.The lawsuit, filed the previous day by SQM's controlling shareholders, alleges that Chile's antitrust court failed to foll...Read More
Jefferies remains bullish on BOOT stockStocks are trading sharply lower once again, despite this morning's inflation update. However, three names trading higher are retailer Boot Barn Holdings Inc (NYSE:BOOT), social media concern Snap Inc (NYSE:SNAP), and immune system specialist Evelo Biosciences Inc (NASDAQ:EVLO). Here's what's lifting shares of BOOT, SNAP, and EVLO. Jefferies Chimes in on Boot...Read More
Nordic Gold Corp. (TSXV:NOR) (Read full newsRead More
Fremont Gold (TSXV:FRE) (Read full newsRead More