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

McDonald's stock kept the Dow afloat todayThe Dow finished higher today -- just shy of its second straight triple-digit gain -- but notched its best close since March 9, thanks to a strong showing from McDonald's (MCD). However, the blue-chip index stands alone in the winners circle today. Both the S&P 500 and Nasdaq saw their four-day winning streaks snapped, amid a sell-off from tech stocks and...Read More

At the International Mining Investment Conference, held from May 15 to 16 in Vancouver, the INN team spoke with over a dozen mining experts. Here's a round-up of our coverage.Read full newsRead More

The lender is probably more important to the German economy than the GSEs were to the U.S...Read full newsRead More

Spruce Point Capital Management is making bold claims Stocks are trading mixed, with the Nasdaq retreating due to the tech sector sell-off. Other stocks making notable moves today are healthcare real estate concern Healthcare Trust Of America Inc (NYSE:HTA), natural foods distributor United Natural Foods, Inc. (NASDAQ:UNFI), and technology name Lam Research Corporation (NASDAQ:LRCX). Below, we...Read More

The shares are trading near their 200-day moving averageOil prices bounced back today as global oversupply concerns eased. July-dated crude futures rose 1.9% to settle at $65.95 per barrel, but remain well off their three-year highs from late May. This price action has been tracked in the broader energy sector, and may have created attractive entry points for several oil stocks. One name in partic...Read More

Source: Clive Maund for Streetwise Reports 06/06/2018Technical analyst Clive Maund examines the silver market and explains why he believes this is a good entry point "for all things silver."The silver market has become so quiet that you can hear a pin drop, a most unusual situation in this normally rather volatile metal. What this means is that there is a big move brewing and probably sooner r...Read More

The restaurant giant seems to be planning another round of layoffsOptions volume is accelerated on McDonald's Corporation (NYSE:MCD) today, after the Wall Street Journal obtained an internal memo detailing the company's plans to cut jobs -- or, as the company's USA President Chris Kempczinski put it in the memo: "... some employees will ultimately exit our system." As such, more than 41,000 calls...Read More

Canyon Copper Corp. (TSXV:CNC) announces the drill results for the final two drill holes completed on Canyon's Bootleg Lake project, located near Creighton, Saskatchewan, Canada, five kilometres southwest of the city of Flin Flon, Manitoba.Read full newsRead More

Gold saw a modest gain on Thursday, to mark its highest finish in a still-young June, as a popular gauge of the dollar's strength declined and boosted the short-term allure of the metal. August gold GCQ8, -0.16% tacked on $1.60, or 0.1%, to settle at $1,303 an ounce. That was the highest finish for a most-active contract since May 31, according to FactSet data. The ICE U.S. Dollar Index DXY, -0.02...Read More

Fluid ounces. Image: Polyus GoldRussian gold miner Polyus on Thursday provided an update on its Sukhoi Log project, one of the world's largest untapped gold deposits. The news sent units of the company trading over the counter in the US up 3% for a market value of some $8.5 billion.Polyus in May completed the scoping study and verification drilling programme at Sukhoi Log, located in the Irku...Read More

Fluid ounces. Image: Polyus GoldRussian gold miner Polyus on Thursday provided an update on its Sukhoi Log project, one of the world's largest untapped gold deposits. The news sent units of the company trading over the counter in the US up 3% for a market value of some $8.5 billion.Polyus in May completed the scoping study and verification drilling programme at Sukhoi Log, located in the Irku...Read More

(Bloomberg) - While President Donald Trump searches for a way to save America's coal country, some in his own party have their eyes set on what's arguably the exact opposite: making solar shine.Since taking office, Trump has worked to undo his predecessor's renewable energy-friendly policies, levied tariffs on imported solar equipment and signed tax reforms that depleted financing for clean energ...Read More

What the steady increase in bulls could mean for the S&P 500Just a few weeks ago, newsletter advisor sentiment in the weekly Investors Intelligence (II) survey showed optimism at its lowest point since around the November 2016 presidential election. However, the percentage of self-described "bullish" advisors has increased over the past four weeks -- sending up a stock market sentiment signal we h...Read More

It took less than a month for call buyers to lock in a 181% profitSubscribers to Schaeffer's Leverage Trader nearly tripled their money with the Momo Inc (NASDAQ:MOMO) weekly 6/8 33-strike call recommendation. We're going to take a look back to see why we were initially bullish on the Chinese social media stock, and how the options trade unfolded.At the time of our recommendation in early May, M...Read More

Trump is expected to meet Kim Jong Un in SingaporeTwo notable meetings will happen next week, which could determine stocks' short-term trajectory. As of now, President Donald Trump is slated to meet with North Korean leader Kim Jong Un on Tuesday, June 12, in Singapore -- which will be an unprecedented event, assuming it's not canceled again. Back at home, the Federal Open Market Committee's (FOMC...Read More

The retail stock hit a record high earlier todayOptions traders blitzed Five Below Inc (NASDAQ:FIVE) ahead of the discount retailer's earnings report. Calls were in particular favor in recent sessions, and today's big bull gap could put bullish speculators in a winning position.Taking a quick step back, FIVE stock landed on Schaeffer's Senior Quantitative Analyst Rocky White's list of the 20 S&P M...Read More

The Nasdaq and S&P are struggling, thoughThe Dow Jones Industrial Average (DJI) is on pace for a second straight triple-digit gain, even as a tech-sector slide has the Nasdaq Composite (IXIC) pulling back from record highs. The blue-chip index is barreling higher thanks to a big day for McDonald's (MCD) -- which is up on reports the company is planning a fresh round of layoffs -- while bank stocks...Read More

LONDON, June 6 (Reuters) - The London Metal Exchange (LME) plans to launch around 15 new contracts from next January, including cash-settled cobalt and hot-rolled coil steel contracts, an executive said on Wednesday."We will put in place the technical capabilities by November and then we'll launch them from January," Robin Martin, head of market development, told Reuters on the sidelines of the In...Read More

Striking Escondida workers clash with police March 2017 (Image: Telam | YouTube)Copper's stunning rally this week continued in New York on Thursday with the metal touching a high of $3.32 a pound ($7,310 a tonne), the highest since January 2014, before paring some of those gains as worries about labour-related supply disruptions in key producing regions resurface.Workers at the Escondida copper m...Read More

Striking Escondida workers clash with police March 2017 (Image: Telam | YouTube)Copper's stunning rally this week continued in New York on Thursday with the metal touching a high of $3.32 a pound ($7,310 a tonne), the highest since January 2014, before paring some of those gains as worries about labour-related supply disruptions in key producing regions resurface.Workers at the Escondida copper m...Read More