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

Contrarians continue to wait patiently for when gold-market sentiment will support a strong rally. Very patiently. That's because it's been more than a year since sentiment among gold market-timers was so pessimistic that a contrarian buy signal could even be considered. Since then, the gold-timing community has been quick to turn bullish at any sign of gold market strength and reluctant to turn b...Read More

Despite the fact that top coal producers are receiving the highest profits in six years from their coal mines, Rio Tinto (ASX, LON, NYSE: RIO) continues to work towards accomplishing its mission of completely divesting from its coal assets.In a media brief, the world's No.2 miner announced that it had completed the sale of its 75 percent interest in the Winchester South coal development project in...Read More

Despite the fact that top coal producers are receiving the highest profits in six years from their coal mines, Rio Tinto (ASX, LON, NYSE: RIO) continues to work towards accomplishing its mission of completely divesting from its coal assets.In a media brief, the world's No.2 miner announced that it had completed the sale of its 75 percent interest in the Winchester South coal development project in...Read More

Multiple big-cap tech names hit new record highs todayThe Dow stayed red-hot to start the new week, with the blue-chip index gaining triple digits for the second straight session as tech heavyweights broke out. A fresh record high from Apple (AAPL) was in focus, as the FAANG stock enjoyed a boost amid the kickoff of its Worldwide Developer Conference. Fellow Dow component Microsoft (MSFT) also hit...Read More

Last week's other top-gaining mining stocks on the TSX were Tahoe Resources, Liberty Gold, Entree Resources and TMAC Resources.Read full newsRead More

British Prime Minister Theresa May told President Donald Trump on Monday that U.S. tariffs imposed on European Union steel and aluminium imports were "unjustified and deeply disappointing" during a phone call.The leaders spoke for the first time since the announcement in a 30-minute call and agreed to discuss the issue further at the G7 summit in Canada later this week.Trump has infuriated Europea...Read More

Ready for inflation?Just days after Treasury Secretary Steven Mnuchin reassured markets that a trade war between the U.S. and China was "on hold," the Trump administration announced that it would be moving forward with plans to impose 25 percent tariffs on as much as $50 billion worth of Chinese exports to the U.S. Beijing has already suggested that it will retaliate in kind.The White House also r...Read More

Ready for inflation?Just days after Treasury Secretary Steven Mnuchin reassured markets that a trade war between the U.S. and China was "on hold," the Trump administration announced that it would be moving forward with plans to impose 25 percent tariffs on as much as $50 billion worth of Chinese exports to the U.S. Beijing has already suggested that it will retaliate in kind.The White House also r...Read More

DCPH gapped to a record high earlier todayStocks are trading higher this afternoon, with blue chips Apple (AAPL) and Microsoft (MSFT) headlining the action by hitting fresh record highs. The drug sector is also making noteworthy moves today, as the American Society of Clinical Oncology (ASCO)'s annual conference continues, where companies have released updates on cancer treatments. Three other n...Read More

Oil prices are plunging ahead of an upcoming OPEC meetingOil prices plunged today, pressured by global supply concerns. July-dated crude futures closed down 1.6% at $64.75, and have now lost more than 4% since rumors first began circulating last week that the the Organization of the Petroleum Exporting Countries (OPEC) and Russia are considering lifting the cap on crude output. This negative pric...Read More

Some of today's most noteworthy options activityShares of social media issue Twitter Inc (NYSE:TWTR) and athletic apparel concern Under Armour Inc (NYSE:UAA) are roaring higher today, while alternative energy stock First Solar, Inc. (NASDAQ:FSLR) is sliding. However, all three names are seeing heavy options trading. We'll take a look at the recent options activity on TWTR, UAA, and FSLR below. TWT...Read More

Shares of the drug developers tend to rally in the June-August periodDrug stocks are making waves today, as traders digest cancer treatment updates from the American Society of Clinical Oncology (ASCO) conference. The shares of Celgene Corporation (NASDAQ:CELG) partner bluebird bio (BLUE) are higher after the company's myeloma treatment update -- and history suggests CELG stock could rebound over...Read More

Even best-case, early roll-out of new cobalt-light batteries won't solve supply issues Cobalt, a crucial element in batteries for cellphones and electric vehicles, has been drifting lower since hitting near 10-year peaks on the LME in March, but is still up nearly fourfold from its 2016 trough.Mindful of the fact that the volatile commodity reached $115,000 a tonne a decade ago, long before EV de...Read More

Source: James Kwantes for Streetwise Reports 06/04/2018James Kwantes, editor of Resource Opportunities, speaks with Ken Armstrong, the CEO of one of the more active diamond companies globally.Vancouver-based North Arrow Minerals Inc. (NAR:TSX.V) is one of the more active diamond exploration companies globally, with a portfolio of projects focused on Canada. Its most advanced-stage project is t...Read More

Stocks were gaining on Wednesday following lower opening of the trading session. Is this an upward reversal or just another move up within two-week-long consolidation? Bulls are happier today, but there are still two possible medium-term scenarios.The U.S. stock market indexes gained between 0.9% and 1.7% on Friday, as investors reacted to monthly jobs data release, among other factors. The S&...Read More

Apple is trading at record highs ahead of the eventApple (AAPL) will kick off its annual Worldwide Developers Conference (WWDC) today, with the tech titan expected to unveil updates to its operating systems, including iOS 12, and new tools to help users spend less time on their iPhones. While Apple stock is fresh off a record high ahead of the highly anticipated event, suppliers Cirrus Logic, Inc....Read More

(Bloomberg) - Trade tensions between the U.S. and China are unlikely to be resolved by the existing architecture that governs world trade, according to Stephen Olson, Hong Kong-based Research Fellow at the Hinrich Foundation Ltd.The world's two biggest economies need to agree on a new framework that will allow both of their economic systems to co-exist, something the World Trade Organization does...Read More

The retailer also has attractively priced optionsRetail stocks have made headlines in recent weeks amid a flurry of earnings reports. While retailers like Dick's Sporting Goods (DKS) toasted impressive quarterly results, sector peer Gap Inc (NYSE:GPS) was not as lucky. GPS stock fell 14.6% after a subpar earnings report on May 25, pulling back to its 320-day moving average and a key Fibonacci re...Read More

Walmart is the best Dow stock today, thoughThe Dow Jones Industrial Average (DJI) is trading well into triple-digit-gain territory today, as a dearth of market-moving news has stocks continuing their positive momentum from last week's upbeat jobs report. Walmart (WMT) is the best performing blue chip today amid a broader rally in retail stocks and news the company sold the majority of its Brazilia...Read More

MELBOURNE (Reuters) - Metals traders are moving jobs for the first time in years as a price recovery spills into the trading sector, and more hires are expected as brokers eye opportunities from China's mainland exchanges opening to investors abroad.The signs of an uptick follow a six-year industry shake-out as years of declining prices led to the exit of major traders such as Barclays and Deutsch...Read More