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 futures settled Monday with only a modest loss, after touching their lowest intraday levels of the year, as the U.S. dollar pared earlier gains on easing trade tensions between the U.S. and China. June gold GCM8, -0.04% fell by 40 cents, or 0.03%, to settle at $1,290.90 an ounce. It had traded as low as $1,281.20, the lowest intraday level since December of last year. July silver SIN8, -0.18...Read More

HELSINKI, May 21 (Reuters) - Finnish engineering company Metso said on Monday it had picked Finnair CEO Pekka Vauramo as its new chief executive officer.Vauramo is expected to bring stability to the business following the surprise departure of the previous CEO Nico Delvaux after less than a year in the job.Vauramo helped Finnair return to growth after years of losses, and he also has worked for ri...Read More

Up and awayInvestors continued to pile into NioCorp Developments (OTCMKTS:NIOBF, TSX: NB) on Monday after the US Department of Commerce included all the metals the Colorado-based company plans to mine at its Elk Creek project on the US government's register of critical minerals.Over the counter units of NioCorp trading in New York were last trading up 7.5% bringing the stock's gains since the publ...Read More

The shares could hit record highs soon, if past is prologueAnimal drug maker Zoetis Inc (NYSE:ZTS) made headlines last week, after announcing plans to buy Abaxis (ABXS) for about $1.9 billion. ZTS shares have moved higher since the announcement, and are back within striking distance of new record highs. Nevertheless, near-term options on the biotech can still be scooped up at a bargain -- sending...Read More

URBN has been on a tear on the charts for over a yearRetailer Urban Outfitters, Inc. (NASDAQ:URBN) is slated to report first-quarter earnings tomorrow after market close. On the charts, URBN has been on a tear, gaining 116% over the past 12 months, and on Friday reached a three-year high of $43.18. The stock has enjoyed support from the rising 30-day moving average since mid-February. Digging into...Read More

By Tom WilsonIt's becoming hard to keep track of all of Glencore's legal battles in the Democratic Republic of Congo.The world's biggest commodity trader is facing the possibility of a bribery investigation by British prosecutors over its work with Dan Gertler, an Israeli billionaire and close friend of Congo President Joseph Kabila.That's on top of other disputes, like a conflict with Gertler ove...Read More

(Bloomberg) - The U.S. Supreme Court agreed to consider overturning a ban on mining at the site of the nation's largest known uranium deposit, heeding calls from the Trump administration and the companies that own the Virginia land.Virginia Energy Resources Inc. and other companies contend in their appeal that the state ban runs afoul of the U.S. Atomic Energy Act. They say that law puts the subje...Read More

The retailer will report earnings ahead of tomorrow's openRetail earnings will continue to trickle in this week, with department store chain Kohl's Corporation (NYSE:KSS) scheduled to report its first-quarter results before the market opens tomorrow, May 22. KSS stock has averaged a next-day move of 6.9% over the past eight quarters, yet this time around, the options market is pricing in a much l...Read More

A conversation with Michael Scherb, founder of private equity firm Appian CapitalAppian Capital Advisory founder & CEO Michael Scherb, a dual Austrian-Singaporean national, started his career structuring foreign investment into burgeoning China pre-supercycle before joining the mining team at JP Morgan Cazenove in London. He worked on deals as diverse as Rio Tinto's $153 billion 2008 defence again...Read More

A conversation with Michael Scherb, founder of private equity firm Appian CapitalAppian Capital Advisory founder & CEO Michael Scherb, a dual Austrian-Singaporean national, started his career structuring foreign investment into burgeoning China pre-supercycle before joining the mining team at JP Morgan Cazenove in London. He worked on deals as diverse as Rio Tinto's $153 billion 2008 defence again...Read More

A conversation with Michael Scherb, founder of private equity firm Appian CapitalAppian Capital Advisory founder & CEO Michael Scherb, a dual Austrian-Singaporean national, started his career structuring foreign investment into burgeoning China pre-supercycle before joining the mining team at JP Morgan Cazenove in London. He worked on deals as diverse as Rio Tinto's $153 billion 2008 defence again...Read More

Forevermark, the diamond brand from De Beers Group, today announced the launch of Libert'aimeTM by Forevermark, a new flagship store at HKRI Taikoo Hui in Shanghai. The opening marks the 1,000th Forevermark store in China, and comes as the brand celebrates its 10-year anniversary in the country.Created to celebrate the spirit of a new generation of women who are strong, unique, and authentic, Lib...Read More

U.S. Treasury Secretary Mnuchin said the trade war is on holdU.S. stocks are soaring in afternoon trading, continuing to celebrate Treasury Secretary Steve Mnuchin's statement that "We are putting the trade war on hold." Specifically, the Dow Jones Industrial Average (DJI) is up more than 250 points -- and earlier surpassed 25,000 for the first time in two months -- amid the decreased trade tens...Read More

MU and GE shares are sharply higher todaySchaeffer's Senior Quantitative Analyst Rocky White compiled a list of the 20 stocks that saw the heaviest options volume over the past 10 days, with names in yellow new to the list since the last time the study was run. Two stocks worth taking a closer look at today are Micron Technology, Inc. (NASDAQ:MU) and General Electric (NYSE:GE), as both make strong...Read More

Source: Rudi Fronk and Jim Anthony for Streetwise Reports 05/18/2018Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, reflect on market factors that are driving current fluctuations in the gold price.For nearly four months now, gold has been pressured lower by a rising dollar; the inverse correlation has been almost exact. Gold has dropped 5.2% from its January 25, 2018 close of $1,362...Read More

Source: Rudi Fronk and Jim Anthony for Streetwise Reports 05/18/2018Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, reflect on market factors that are driving current fluctuations in the gold price.For nearly four months now, gold has been pressured lower by a rising dollar; the inverse correlation has been almost exact. Gold has dropped 5.2% from its January 25, 2018 close of $1,362...Read More

The numbers: A measure of the U.S. economy from the Chicago Federal Reserve ticked higher in April from March as a stronger performance at factories and a healthy job market offset housing's weaker contribution. The Chicago Fed's index of national economic activity was a positive 0.34 last month, gaining from the upwardly revised positive 0.32 in March, though weaker than a downwardly revised pos...Read More

MoffettNathanson upgraded the social media stockShares of Snap Inc (NYSE:SNAP) are higher this morning, thanks to an upgrade to "neutral" from "sell" and a price-target hike to $9 from $7 at MoffettNathanson. Though the new price target still represents a 15% discount to Friday's close, the brokerage firm stated that the worst may be over for SNAP, as the company "reverses that ill-conceived rede...Read More

TSLA stock has struggled with resistance at the $310 level -- site of the average analyst price targetTesla Inc (NASDAQ:TSLA) stock is up 2.9% to trade at $284.82 this morning, after Berenberg raised its price target to $500 from $470, the highest among brokerages covering the stock and a nearly 76% premium to current levels. The analyst in coverage believes Tesla's Model 3 gross margin will surp...Read More

A mining company that wants to transform its operations through digital adoption has to stop equating the work with past capital acquisitions, says Richard Sellschop, partner at McKinsey.He warns that digital work should be looked at as a holistic transformation as it's not just about the technical implementation."If you're building a new pump station, you can put that on a Gantt chart and underst...Read More