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

This week was a doozy for trying to get some sense of where investors are leaning. Volatility is the only clear winner, as the markets have moved strongly in either direction on bad news and/or good news.On Thursday, the blame for another strong sell-off went to steel and aluminum tariffs that will be applied to Mexico, Canada, and the Eurozone, much as the administration did earlier this year as...Read More

A positive US jobs report hurt gold and silver prices on Friday. Meanwhile, copper recovered and oil prices diverged.Read full newsRead More

US president Donald Trump every now tweets policy changes first and later informs the press or media. He is Nerd American president who whose tweets and policies treats American friends and foes on the same footing. The intent of the Trump's policy to "make America great again" is appreciable. But his ways to communicate has made him the punters favorite. Trade tariffs on steel and aluminum prod...Read More

US president Donald Trump every now tweets policy changes first and later informs the press or media. He is Nerd American president who whose tweets and policies treats American friends and foes on the same footing. The intent of the Trump's policy to "make America great again" is appreciable. But his ways to communicate has made him the punters favorite. Trade tariffs on steel and aluminum prod...Read More

Fremont Gold (TSXV:FRE) (Read full newsRead More

Meanwhile, President Trump again changed his mind on North KoreaThe Dow got a big boost today from this morning's upbeat nonfarm payrolls report, spending the entire session in triple-digit-gain territory. The S&P 500 followed the Dow's lead, but the Nasdaq outshined them both thanks to a huge rally in the tech sector, with FAANG stocks leading the way. The Nasdaq also had the best week of the thr...Read More

Plus, Morgan Stanley's new price target is weighing on Intelsat stockThe Dow is roaring back to life today thanks to upbeat unemployment numbers. Among individual stocks making notable moves, drug stock Co-Diagnostics Inc (NASDAQ:CODX) is soaring, while oil name Petroleo Brasileiro (NYSE:PBR) and wireless telecommunications issue Intelsat SA (NYSE:I) are plummeting. Here's a closer look at ho...Read More

Gold settled back below $1,300 an ounce on Friday, as upbeat monthly U.S. employment data buoyed the dollar and suggested that the Federal Reserve remains on track to raise interest rates later this month and later this year. Relative calm also returned to Italian politics, a move also seen helping to pave the way for U.S. action on rates. August gold GCQ8, -0.52% lost $5.40, or 0.4%, to settle a...Read More

The price of cobalt is down 7% since hitting near 10-year peaks in March to exchange hands for $89,000 a tonne this week.Cobalt is still up nearly fourfold since hitting multi-year lows at the beginning of 2016 as worries about supply of the battery raw material combine with expectations of booming demand from the electric vehicle sector. Cobalt's traditional application as an alloy in among oth...Read More

Apple will host its developers conference next weekThe tech sector is hot today, and that's providing a lift for iPhone maker Apple Inc. (NASDAQ:AAPL). AAPL shares are trading up 1.7% at $189.98, putting them just below their May 10 all-time high of $190.37. Aside from the broader market tailwinds, the Wall Street Journal just published a story about Apple's push to expand its ad business (subscri...Read More

The financial shares tend to outperform in the June-August periodBank stocks are trading higher today, after this morning's strong jobs report strengthens the case for a June rate hike from the Federal Reserve. The market is currently pricing in a 91.3% chance the Federal Open Market Committee (FOMC) will raise its key interest rate at the June 12-13 policy-setting meeting. Ahead of the event, sha...Read More

Miners are responding to a rosier metal outlook by increasing spending on exploration and releasing more assay results.Base metal prices are up. Copper bounced off its 2015 nadir of $4,500 a tonne and in the last few months has found a range of $6,600 to $6,700 a tonne, a metal price that ING says is good level to sustain investment. Nickel is on a tear. It jumped to $15,340 a tonne today, its hig...Read More

Miners are responding to a rosier metal outlook by increasing spending on exploration and releasing more assay results.Base metal prices are up. Copper bounced off its 2015 nadir of $4,500 a tonne and in the last few months has found a range of $6,600 to $6,700 a tonne, a metal price that ING says is good level to sustain investment. Nickel is on a tear. It jumped to $15,340 a tonne today, its hig...Read More

Miners are responding to a rosier metal outlook by increasing spending on exploration and releasing more assay results.Base metal prices are up. Copper bounced off its 2015 nadir of $4,500 a tonne and in the last few months has found a range of $6,600 to $6,700 a tonne, a metal price that ING says is good level to sustain investment. Nickel is on a tear. It jumped to $15,340 a tonne today, its hig...Read More

Miners are responding to a rosier metal outlook by increasing spending on exploration and releasing more assay results.Base metal prices are up. Copper bounced off its 2015 nadir of $4,500 a tonne and in the last few months has found a range of $6,600 to $6,700 a tonne, a metal price that ING says is good level to sustain investment. Nickel is on a tear. It jumped to $15,340 a tonne today, its hig...Read More

The FDA moved several biotech stocks this weekThere was no shortage of drama on Wall Street this holiday-shortened week, with the major market indexes on a virtual roller coaster. Political turmoil in Spain and Italy triggered a sell-off early in the week, prompting a spike in the Cboe Volatility Index (VIX). Energy tailwinds helped stocks rebound -- until re-emerging fears of a global trade war s...Read More

The stock has had four straight positive earnings reactionsCybersecurity concern Palo Alto Networks Inc (NYSE:PANW) is slated to report its fiscal third-quarter earnings after market close on Monday, June 4. Palo Alto Networks stock is down 0.2% at $207.70 at last check, despitea round of bullish analyst notes yesterday. Regardless, PANW shares have a history of positive earnings reactions, and b...Read More

TORONTO/VANCOUVER, June 1 (Reuters) - U.S. hedge fund Paulson & Co, led by long-time gold bull John Paulson, is set to name a group of investors that will work together to try to drive changes and better returns from gold mining companies after years of dismal industry performance, according to people familiar with the situation.The Shareholders Gold Council (SGC), expected to be launched as early...Read More

What's more, the stock's short-term options are a stealThe shares of Netflix, Inc. (NASDAQ:NFLX) -- a company now worth more than blue chip Walt Disney (DIS) -- notched an all-time high of $358.63 earlier today, and were last seen 1.7% higher at $357.62. What's more, the FAANG stock could extend its run higher over the next few months, if recent history is any indicator.Last week, Netflix stock po...Read More

The major silver miners' stocks remain deeply out of favor, languishing near multi-year lows. Of course that reflects investors' lack of interest in silver itself. It has greatly lagged, not following gold higher like usual over the past year and a half. That's really torpedoed silver-stock sentiment, making for a challenging environment for silver miners. But they're weathering it as thei...Read More