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

Gold and silver would have reached stratosphere due to developments in Iran and the Korean peninsula. Crude oil induced inflation would have supported gold. It is only a cyclical period that is preventing gold price from rising. Reduction in net short positions in silver should pave the way for a rally anytime. It's a great time to invest in gold and silver for the medium term as well as the lon...Read More

Through a 25-million-share subscription, DGO Gold has helped push De Grey Mining closer to unearthing its Pilbara gold project in Australia.Read full newsRead More

A loan of $1,975 helped a member to buy a machine for making traditional foodin order to increase her productivity.Read full newsRead More

A loan of $1,975 helped a member to buy a machine for making traditional foodin order to increase her productivity.Read full newsRead More

The Fed said it could be wise to let inflation run past its 2% target for a bitStocks started the day deep in negative territory, but turned higher following the release of the Fed's meeting minutes from May. The central bank indicated it could let inflation run above its 2% target for some time to allow the economy more time to strengthen -- though it's still expected to raise interest rates at t...Read More

Greece hopes to end a years-long standoff with Vancouver-based miner Eldorado Gold within the next few weeks.Read full newsRead More

Clementia is one of the worst Nasdaq stocks todayThe stock market is mixed this afternoon, as traders digest falling oil prices and the latest Fed meeting minutes, which signaled support for a June rate hike. Among individual stock movers today, drug name Clementia Pharmaceuticals Inc (NASDAQ:CMTA) is gapping lower, while fellow pharma concern KemPharm Inc (NASDAQ:KMPH) and jewelry retailer Ti...Read More

Hundreds of thousands of routers in multiple countries were effectedCisco Systems, Inc. (NASDAQ:CSCO) is trading lower today, after the company announced that a group of hackers have compromised more than 500,000 routers and other devices in several countries. Cisco suspects this was the work of the Russian government, and its ultimate plan was to launch a major cyber attack on Ukraine. Shares of...Read More

The shares are on track for their highest close since FebruaryThe U.S. stock market will be closed next Monday, May 28, for Memorial Day, and the holiday-shortened week has been bullish for the S&P 500 Index (SPX) over the long term. This pair of Apple suppliers have been notable outperformers during the four-day trading week, though fellow chip stock Advanced Micro Devices, Inc. (NASDAQ:AMD) can'...Read More

Executives at the biggest German lender haveRead full newsRead More

The chip stocks have both been stymied by technical resistance recentlyApple (AAPL) will kick off its annual World Wide Developers Conference (WWDC) on Monday, June 4, with updates to its iOS and macOS software expected. Ahead of the highly anticipated event -- and the more imminent Memorial Day weekend -- two Apple suppliers are giving off bullish signals. Skyworks Stock Could Break Past Key Tre...Read More

Traders are awaiting the May Fed meeting minutesStocks continue to trade lower this afternoon, as trade war worries between the U.S. and China resurface following the latest comments from President Donald Trump. The Dow Jones Industrial Average (DJI) is down triple digits, while the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also lower. Energy stocks are dipping with oil prices, wit...Read More

BBY stock hit a record high just last weekOptions bulls have been blasting Best Buy Co Inc (NYSE:BBY) ahead of the Amazon partner's first-quarter earnings report, due before tomorrow's open. BBY stock has history of volatile post-earnings moves to the upside, and call buyers appear to be betting on more of the same.At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBO...Read More

Although they haven't been in conflict for over 200 years, for some reason, right now, the government of Sweden has produced a 20-page pamphlet which they'll be sending to each of the 4.8 million households in the country urging them to get prepared for...WAR.Read full newsRead More

More than 200 farmers from South Africa have applied for humanitarian visas in Australia after allegedly suffering attacks for being white, according to the Australian Home Affairs Ministry.Read full newsRead More

Germany's Federal Office for Refugees and Migration (BAMF) will review more than 25,000 asylum decisions after allegations of corruption at its regional office in the northern city of Bremen...Read full newsRead More

CARA is on track for its best day since AugustCara Therapeutics Inc (NASDAQ:CARA) is up 17.4% to trade at $13.62, one of the top gainers on the Nasdaq so far. Earlier this morning, the biotech company secured a licensing deal for its pruritus treatment for chronic kidney disease patients with European drug conglomerate Vifor Fresenius Medical Care Renal Pharma. The drug Korsuva will give Cara a $...Read More

TGT's first-quarter adjusted profit fell short of the consensus estimateShares of Target Corporation (NYSE:TGT) are down 5.3% to trade at $71.46, after the retailer reported a first-quarter adjusted profit miss of $1.32 per share, as operating margins weakened after the company invested heavily in its online business in order to compete with Amazon and Walmart. The results weren't all bad, though,...Read More

The security's earnings reaction last week was overdone, say analystsDepartment store stock Nordstrom, Inc. (NYSE:JWN) is higher in early trading, after receiving an upgrade to "buy" from "hold," and a price-target hike to $55 from $52, at Deutsche Bank. The upgrade comes less than a week after the company reported a same-store sales miss, sending JWN stock gapping lower. The brokerage firm said...Read More

TGT and LOW both reported first-quarter earnings missesDow Jones Industrial Average (DJI) futures are below fair value this morning amid renewed trade war concerns. Earlier, President Donald Trump tweeted, "Our Trade Deal with China is moving along nicely, but ... we will probably have to use a different structure in that this will be too hard to get done and to verify results after completion." O...Read More