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

Plus, one analyst believes Aslan Pharmaceuticals will be a power player in AsiaThe Dow is soaring this afternoon as oil prices surge. Among individual stocks making notable moves are electric car maker Tesla Inc (NASDAQ:TSLA), as well as biotechs Aslan Pharmaceuticals Ltd (NASDAQ:ASLN) and EXACT Sciences Corporation (NASDAQ:EXAS). Here's a closer look at howshares of TSLA, ASLN, and EXAS are trad...Read More

ULTA has been one of the top stocks to own in JuneMakeup retailer Ulta Beauty Inc (NASDAQ:ULTA) is slated to report first-quarter earnings after the market closes tomorrow. The beauty stock has been moving mostly higher on the charts of late, and just this morning received a price-target hike from Buckingham Research to $300 from $270 -- territory not charted in almost a year. What's more, ULTA...Read More

Gold settled higher Wednesday as a recovering euro dented the dollar index, a barometer that often moves inversely to the precious metal and other commodities that are typically priced in dollars. Prices for the metal then edged slightly lower in electronic trading from the settlement level immediately after the U.S. Federal Reserve's Beige Book, a snapshot of domestic economic activity, showed th...Read More

The equities could buck the broader sluggish summer trend, if past is prologueSemiconductor stocks could buck the broader sluggish summer trend by making bigger-than-usual price swings, if recent history is any indicator. Schaeffer's Senior Quantitative Analyst Rocky White recently identified stocks that tend to be most volatile in the June-August period, looking at their standard deviation of ret...Read More

LULU has a history of positive earnings reactionsWall Street has been hit with an onslaught of retail earnings in recent weeks. Today, traders are cheering strong results from sporting goods retailer Dick's Sporting Goods (DKS), while tomorrow, yoga apparel maker Lululemon Athletica inc. (NASDAQ:LULU) will step up to the plate. Ahead of the company's first-quarter earnings report -- due after Thur...Read More

JNPR shares have historically underperformed in the June-August periodShares of network equipment specialist Juniper Networks, Inc. (NASDAQ:JNPR) have underperformed over the past year, shedding 7.6% to trade at $27.09. And while the equity has been on the rise in recent weeks since bouncing near the $24 in mid-April, a closer look at the charts, and other data on JNPR, suggests now is certainly...Read More

LIMA, May 30 (Reuters) - Canadian miner Bear Creek Mining Corp will likely make a public offering for its Peruvian unit on the bourse in Lima to help finance its $550 million Corani silver project, the company's chief financial officer said on Wednesday.Bear Creek would also consider selling a stake in the Corani project in southern Peru to help pay for the project, said Paul Tweddle."Everything's...Read More

LIMA, May 30 (Reuters) - Canadian miner Bear Creek Mining Corp will likely make a public offering for its Peruvian unit on the bourse in Lima to help finance its $550 million Corani silver project, the company's chief financial officer said on Wednesday.Bear Creek would also consider selling a stake in the Corani project in southern Peru to help pay for the project, said Paul Tweddle."Everything's...Read More

DG and DLTR will be in focus tomorrow morningRetail stocks are bringing up the rear of earnings season, with Dick's Sporting Goods (DKS) coming in as the latest big winner. Tomorrow, discount retailers Dollar General Corp. (NYSE:DG) and Dollar Tree, Inc. (NASDAQ:DLTR) report first-quarter earnings before the open. Ahead of the event, both stocks are pricing in a larger-than-normal move. Rec...Read More

Stocks are bouncing back after yesterday's lossesThe Dow Jones Industrial Average (DJI) is up triple digits at midday, as blue-chip energy stocks Chevron (XOM) and Exxon Mobil (XOM) surge alongside oil prices. At last check, July-dated crude futures were trading 2.2% higher at $68.16 per barrel, after a Reuters report suggested the Organization of the Petroleum Exporting Countries (OPEC) and oth...Read More

Lithium-Produzent #SQM: Verkaufspreise erreichen neues RekordniveauRead full newsRead More

Short covering could create even bigger tailwinds for the shares Data storage concern Seagate Technology PLC (NASDAQ:STX) suffered a sharp earnings-related pullback in early May, which sent the stock back toward its 2017 highs. Since then, however, the tech name reclaimed its pre-earnings close, and is now back within striking distance of capturing a fresh two-year high. Despite gaining 37% year-t...Read More

DKS is pacing for its best session everOne of the latest retailers to step up to the earnings platewas Dick's Sporting Goods Inc (NYSE:DKS), and the athletic apparel store hit it out of the park. Dick's reported first-quarter earnings and revenue that handily beat estimates, while raising its 2018 profit forecast. At last check, DKS stock was up 23.8% to trade at $37.75 -- on pace for its best da...Read More

The cloud stock also received an onslaught of post-earnings price-target hikesShares of Salesforce.com, Inc. (NYSE:CRM) are up 2% to trade at $129.47 -- fresh off a record high of $132.55 -- after the cloud concern reported first-quarter adjusted earnings of 74 cents per share on $3.01 billion in revenue, beating the consensus per-shares earnings estimate of 46 cents on $2.94 billion in revenue. T...Read More

By James Attwood(Bloomberg) - The fact that Cia. de Minas Buenaventura SAA is beating rivals in the stock market at a time it's generating the most cash in seven years says something about what investors are looking for in gold stocks.Buenaventura's U.S. shares have surged 63 percent in the past two years, the most among peers. A focus on efficiency at existing mines, while spending cautiously on...Read More

By James Attwood(Bloomberg) - The fact that Cia. de Minas Buenaventura SAA is beating rivals in the stock market at a time it's generating the most cash in seven years says something about what investors are looking for in gold stocks.Buenaventura's U.S. shares have surged 63 percent in the past two years, the most among peers. A focus on efficiency at existing mines, while spending cautiously on...Read More

Stock imageBy Aaron RossDAKAR, May 30 (Reuters) - International mining companies operating in Democratic Republic of Congo will resort to legal action if their concerns over a new mining code signed into law in March are not addressed, they said in a letter to the mines minister this week.The letter, reviewed by Reuters, was dated May 28 and copied to President Joseph Kabila. The companies, includ...Read More

Stock imageBy Aaron RossDAKAR, May 30 (Reuters) - International mining companies operating in Democratic Republic of Congo will resort to legal action if their concerns over a new mining code signed into law in March are not addressed, they said in a letter to the mines minister this week.The letter, reviewed by Reuters, was dated May 28 and copied to President Joseph Kabila. The companies, includ...Read More

TGT shares sold off last week after earnings Target Corporation (NYSE:TGT) is trading higher this morning after BofA-Merrill Lynch placed the retailer on its U.S. 1 list, citing the company's ability to maintain positive same-store sales momentum and demographic trends. The firm reiterated its "buy" rating and price target of $86. In response, shares of TGT are up 0.6% at $72.11 in early trading...Read More

Cantor Fitzgerald expects the stock to rally to $26Women's health specialist TherapeuticsMD Inc (NASDAQ:TXMD) is seeing its stock rally today, up 4.5% at $6.72, thanks to news the Food and Drug Administration (FDA) approved its hormone therapy Imvexxy for the treatment of vulvar vaginal atrophy -- marking the company's first approved drug. As such, Cantor Fitzgerald -- which sent the stock soaring...Read More