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

Amazon is one among many outperforming online retailersThe Dow is trading significantly higher today, thanks in part to outperforming bank stocks. Also making notable intraday moves are e-tail powerhouse Amazon.com, Inc. (NASDAQ:AMZN), crane manufacturer Manitowoc Company Inc (NYSE:MTW), and aerospace name Delta Air Lines, Inc. (NYSE:DAL). Below, we will take a closer look at howshares of AMZN,...Read More

UAA hit a new annual high earlierUnder Armour Inc (NYSE:UAA) is trading up 1.2% at $23.82 -- fresh off an annual high of $24.61 -- riding recent momentum sparked in part by news that the company's limited release of The Rock's Project Rock 1 shoes sold out within 30 minutes over the Memorial Day weekend. UAA's options pits are buzzing, too, with speculators targeting even higher highs for the ret...Read More

Renforth Resources (CSE:RFR) announces that Eagle Geophysics, of La Sarre Quebec, will fly a tightly spaced heli-mag survey over Parbec to acquire detailed data to aid in ongoing deposit interpretation. Read full newsRead More

Gold saw a modest loss on Wednesday, after turning lower in the last half hour before prices settled, as investors continued to eye trade tensions ahead of a meeting later this week of the Group of Seven leading industrialized nations. Prices had seen gains earlier in the session as the dollar deepened its decline when trade data revealed a narrowed U.S. deficit. August gold GCQ8, -0.16% fell by...Read More

Gold saw a modest loss on Wednesday, after turning lower in the last half hour before prices settled, as investors continued to eye trade tensions ahead of a meeting later this week of the Group of Seven leading industrialized nations. Prices had seen gains earlier in the session as the dollar deepened its decline when trade data revealed a narrowed U.S. deficit. August gold GCQ8, -0.16% fell by...Read More

It could be a good time to buy calls Tech and retail stocks have been making notable moves during the past few weeks, and Etsy Inc (NASDAQ:ETSY) and Shopify Inc (NYSE:SHOP) are no exception. Below we will take a look at how the e-commerce names have been faring on the charts, as well as to why now may be an affordable time to bet on ETSY and SHOP's next leg higher, per data from Schaeffer's Senio...Read More

The central bank is expected to raise interest rates on June 13The Federal Open Market Committee (FOMC) will hold its two-day policy meeting next week. The central bank is widely expected to announce a rate hike Wednesday afternoon, and while the S&P 500 Index (SPX) tends to struggle during Fed weeks -- and subsequently run into Fed Day resistance -- several stocks tend to rally after a rate hike....Read More

New CEO shares his plans for the next yearRead full newsRead More

Gold slipped back below $1,300 an ounce on Wednesday and is now trading flat for 2018, but investors in gold-backed exchange traded funds continue to see opportunity in the yellow metal.New data from the World Gold Council show retail and institutional investors in gold ETFs poured a net $771.3m into global funds in May, despite a pullback in the US, the largest market.Global vaults now hold aroun...Read More

Gold slipped back below $1,300 an ounce on Wednesday and is now trading flat for 2018, but investors in gold-backed exchange traded funds continue to see opportunity in the yellow metal.New data from the World Gold Council show retail and institutional investors in gold ETFs poured a net $771.3m into global funds in May, despite a pullback in the US, the largest market.Global vaults now hold aroun...Read More

One name has more than doubled in today's tradingThe stock market is ripping higher today, with the tech sector continuing to climb. Biotechs are on the rise, too with the SPDR S&P Biotech ETF (XBI) fresh off a record high. Among individual names to watch are penny stocks Axovant Sciences Ltd (NASDAQ:AXON), Cellectar Biosciences Inc (NASDAQ:CLRB), and Vascular Biogenics Ltd (NASDAQ:VBLT).Axovant S...Read More

JPMorgan shares are having a big dayThe Dow Jones Industrial Average (DJI) is pushing higher today, knocking on the door of the 25,000 level. Boosting the blue-chip index are big gains from Boeing (BA) and JPMorgan Chase (JPM), with the latter benefiting from a broader rally in financial stocks. The Nasdaq Composite (IXIC), meanwhile, managed another record high, while the S&P 500 Index (SPX) is a...Read More

Shares in Solgold plc (LON, TSX:SOLG) jumped at the open after the company released the latest set of drill results from its massive Cascabel copper-gold project in northern Ecuador. In Toronto on Wednesday, Solgold shares added as much as 8.5% from yesterday's close in higher than usual volume for a market capitalization of $714m before paring some of those gains.The latest in a string of resul...Read More

Shares in Solgold plc (LON, TSX:SOLG) jumped at the open after the company released the latest set of drill results from its massive Cascabel copper-gold project in northern Ecuador. In Toronto on Wednesday, Solgold shares added as much as 8.5% from yesterday's close in higher than usual volume for a market capitalization of $714m before paring some of those gains.The latest in a string of resul...Read More

Shares in Solgold plc (LON, TSX:SOLG) jumped at the open after the company released the latest set of drill results from its massive Cascabel copper-gold project in northern Ecuador. In Toronto on Wednesday, Solgold shares added as much as 8.5% from yesterday's close in higher than usual volume for a market capitalization of $714m before paring some of those gains.The latest in a string of resul...Read More

The shares are facing off with familiar resistance, howeverSteel stocks have been in focus lately, as President Donald Trump's imposed metal tariffs set off a chain reaction of retaliatory trade measures. Against this backdrop, United States Steel Corporation (NYSE:X) stock is up 2.5% to trade at $37.79 this morning, after the company said it is expecting its full-year EBITDA to be near the high...Read More

Despite today's retreat, YELP is still sporting an impressive long-term gainBusiness review concern Yelp Inc (NYSE:YELP) is lower in early trading, after the stock was downgraded at KeyBanc to "sector weight" from "overweight" this morning, with the brokerage firm citing soft customer engagement. In response, YELP is down 2.3% at $43.10 in early trading.Despite boasting a 45% year-over-year lead,...Read More

Citigroup initiated coverage on the outperforming mining stockCitigroup initiated coverage on Cleveland-Cliffs Inc (NYSE:CLF) with a "buy" rating and an $11 price target -- representing expected upside of almost 33% to last night's close, and a move into territory not seen since March 2017. In reaction, CLF stock is trading up 2.9% out of the gate at $8.53.The mining shares have been rallying hard...Read More

India's gold imports plunged a fifth straight month in May to 48 tonnes as a rally in local prices to near their highest level in 21 months curtailed retail purchases, provisional data from precious metals consultancy GFMS and bank dealers showed.The 60 percent drop in purchases from a year ago by the world's No.2 consumer could weigh on global prices that are still up 4.5 percent from a mid-Dec...Read More

China has reportedly offered to buy $70 billion in U.S. exportsFutures on the Dow Jones Industrial Average (DJI) are trading well above fair value, boosted by signs of progress on global trade talks. The latest reports indicate that China is willing to buy roughly $70 billion in U.S. agricultural and energy exports, and Treasury Secretary Steven Mnuchin is said to be pushing for a Canadian exempti...Read More