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

Junior explorer Megastar Development (TSXV: MDV) announced today that it has signed a Definitive Option Agreement with Paradex, a private American mining exploration company, and Minera Zalamera, a private Mexican mining exploration company, to acquire 100% interest in the mineral concessions known as the Rama de Oro project located in the state of Oaxaca, southern Mexico.In a press release, Megas...Read More

In an official event that included Canada's Prime Minister, Justin Trudeau, Qu?(C)bec's Premier, Philippe Couillard, and Apple's CEO, Tim Cook, Alcoa (NYSE: AA) and Rio Tinto (ASX, LON:RIO) announced the launching of Elysis, a joint venture company whose goal is to push towards commercial production a newly discovered, carbon-free aluminum smelting process.At the event, executives from the compani...Read More

The 'fear gauge' dropped for a sixth straight dayThe Dow rallied nearly 200 points today, nabbing a sixth straight win and its highest close in three weeks. Soft inflation data sparked the risk-on session, with stocks also benefiting from an extended push higher from oil prices. The Nasdaq and S&P had even bigger days on a percentage basis, thanks in part to a strong showing from the tech sector -...Read More

The U.S. International Trade Commission said on Thursday it had made a preliminary finding that U.S. producers were being harmed by imports of steel automotive wheels from China.The decision follows an announcement last month by the U.S. Commerce Department that it had opened an investigation to determine if certain steel wheels from China are dumped in the United States and whether producers in C...Read More

No miners were hurt in a fire that broke out on Thursday at Russia's Raspadskaya coal mine, steelmaker Evraz said.Evraz, which controls Raspadskaya, said all miners had been evacuated and that the blaze is thought to have started in the mine's technical equipment.Local authorities in Russia's Kemerovo region, where the mine is located, told Interfax news agency that 195 miners had been working at...Read More

It only took four weeks for subscribers to bank a 208% profitSubscribers to Schaeffer's Weekend Trader Alert service just scored a 208% profit with the Shake Shack (NYSE:SHAK) June 40 call. We're going to take a look back to see why we were initially bullish on SHAK, and how the options trade unfolded.At the time of our initial call recommendation on Sunday, April 8, we noted that Shake Shack...Read More

Dynavax is pacing for its best day since July 2017Stocks are surging today, with the Dow heading towards its sixth straight win. InVitae Corp (NYSE:NVTA), Dynavax Technologies Corporation (NASDAQ:DVAX) and Cardinal Health Inc (NYSE:CAH) are three drug and healthcare names that are faring particularly well today. Here's a closer look at what has shares of NVTA, DVAX, and CAH moving today.Analyst...Read More

Apple is higher today on reports the tech giant is partnering with Goldman SachsApple Inc. (NASDAQ:AAPL) has been seemingly unstoppable recently. The FAANG stock is up 1.3% today to trade at $189.87, earlier hitting a record high of $190.37, after the Wall Street Journal said the iPhone parent is teaming up with Goldman Sachs (GS) to launch a credit card. AAPL is now pacing toward its ninth straig...Read More

ML Gold Corp (TSXV:MLG) is pleased to announce a non-brokered private placement to raise total gross proceeds of CDN$1,000,000. The Company will issue 4,000,000 non flow-through units at $0.10 per unit (for gross proceeds CDN$400,000) and 5,000,000 flow-through units at $0.12 per unit (for gross proceeds of CDN$600,000). Each non flow-through unit at $0.10 comprises one common share in the capital...Read More

Youga and Balogo addition boost volumesRead full newsRead More

A SCOTUS decision next month could put one in the spotlightWhile Apple (AAPL) has been getting most of the attention lately, due to its red-hot winning streak, two other FAANG stocks appeared on our radar today: Amazon.com, Inc. (NASDAQ:AMZN) and Netflix, Inc. (NASDAQ:NFLX). Both AMZN and NFLX are flirting with new highs, yet sport attractively priced near-term options -- a relatively rare occurre...Read More

CMX Gold & Silver Corp. (CSE:CXC; OTC:CXXMF) has entered into an option with Elk Exploration Ltd. to acquire 3 Licenses containing 720 acres representing the balance of land located within our Bass River concessions as outlined in the photo below.Read full newsRead More

Previous pullbacks to DKS's 160-day moving average have preceded ralliesThe retail sector has been in focus lately, although more so for its struggles than successes. Sports retailer Dick's Sporting Goods Inc (NYSE:DKS) has had a roller coaster year thus far, as well. Although the stock has added 8% in 2018, it has recently pulled back to 160-day moving average. Based on previous returns, and w...Read More

Another strong earnings report is also boosting SolarEdge stockMost new homes in California will now be required to have solar panels, and Wednesday's decision is continuing to provide a boost to a number of solar energy stocks today. For example, the Guggenheim Solar ETF (TAN) is trading up 4.3% at $26.08, on pace for its highest close since mid-January. As for specific stocks to watch, SolarEdge...Read More

Comstock Metals (TSXV:CSL) ('Comstock' or the 'Company') wishes to provide a correction to the information contained in its management information circular for the 2018 annual and special meeting of shareholders to be held on May 16, 2018.Read full newsRead More

Macy's, Nordstrom, and J C Penney will also reportA handful of Fed speeches highlight the week ahead, with Cleveland Fed President Loretta Mester and St. Louis Fed President James Bullard both slated to speak twice. Retailers will be in the spotlight, with data on monthly retail sales expected, and Walmart (WMT) among several retailers reporting earnings. In addition, fellow blue chips Home Depot...Read More

The retail ETF is currently in its worst two-month stretch of the yearWall Street is about to get hit with an onslaught of retail earnings in the next few weeks, drawing options traders to the SPDR S&P Retail ETF (XRT). Given the retail sector's recent struggles, most of the activity on the exchange-traded fund (ETF) appears to be of the bearish variety. Today, for instance, though volume is still...Read More

The market's 'fear gauge' is headed for a sixth consecutive lossU.S. stocks are trading higher at midday, with investors digesting this morning's weaker-than-anticipated inflation data, which is easing concerns about the pace of Fed rate hikes. The Dow Jones Industrial Average (DJI) is up triple digits, pacing for a sixth straight win, which would mark its longest winning streak since February....Read More

...the Minister of State and Labor, said, it is "a worrisome sanitary situation."Read full newsRead More

"This will be bad news for criminal gangs, terrorists and those who are just trying to cheat on their tax or get a discount for letting someone else cheat on their tax...It's not clever. It's not OK. It's a crime."Read full newsRead More