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

Nvidia will report earnings after the close tomorrowGraphics processing units maker Nvidia Corporation (NASDAQ:NVDA) is scheduled to report first-quarter earnings after tomorrow's close. The stock has been in a long-term uptrend, and earlier topped out at a record high. Given NVDA's history of positive earnings reactions, the security could be in store for even more upside tomorrow, with the optio...Read More

Hard-line lawmakers celebrated President Donald Trump's decision to pull out of the Iran deal by burning a paper US flag and shoutingRead full newsRead More

Both names have been heavily targeted by short sellersT2 Biosystems Inc (NASDAQ:TTOO) was upgraded to "buy" from "neutral" at Janney, after the sepsis specialist reported first-quarter revenue of $2.3 million -- well above the consensus estimate of $1.4 million. Leerink also chimed in, boosting its price target to $5 from $4 -- though this is still a discount to last night's close at $6.10. Nevert...Read More

The success of 'Black Panther' helped offset the struggling TV sectorShares of entertainment mogul Walt Disney Co (NYSE:DIS) are trading lower this morning, despite the company's fiscal second-quarter earnings beat. The firm said higher theme-park revenue and the success of "Black Panther" helped offset weakness in the TV division, and CEO Bog Iger teased the possibility of more "Avengers" movies...Read More

Analysts remain bullish on the social media giantFacebook Inc (NASDAQ:FB) stock is up 0.5% to trade at $179.78 this morning, after the company announced an extensive restructuring of executive responsibilities, including a new team dedicated to blockchain and privacy concerns. The company will now be divided into three divisions called "Family of apps," "New platforms and infra," and "Central pr...Read More

Kinross Gold Corp. is the latest miner to be hit by changing policies in Africa as governments seem increasingly willing to upend historic deals with foreign companies in their quest for more mining revenue.Mauritania's rejection of a key permit to expand a Kinross project, and a proposed mining code review in Ghana, dealt a double blow to the Toronto-based miner, sending its shares down the most...Read More

Kinross Gold Corp. is the latest miner to be hit by changing policies in Africa as governments seem increasingly willing to upend historic deals with foreign companies in their quest for more mining revenue.Mauritania's rejection of a key permit to expand a Kinross project, and a proposed mining code review in Ghana, dealt a double blow to the Toronto-based miner, sending its shares down the most...Read More

Mexican authorities have granted Canada's First Majestic Silver (NYSE:AG) (TSX:FR) their antitrust clearance to go ahead with its planned acquisition of fellow miner Primero Mining (TSX:P), in a cash and stock deal valued at $320 million, including debt.The approval was the final government agency's permission the parties required to close the deal, Primero said in a statement.With the friendly...Read More

Mexican authorities have granted Canada's First Majestic Silver (NYSE:AG) (TSX:FR) their antitrust clearance to go ahead with its planned acquisition of fellow miner Primero Mining (TSX:P), in a cash and stock deal valued at $320 million, including debt.The approval was the final government agency's permission the parties required to close the deal, Primero said in a statement.With the friendly...Read More

Crude futures are trading higher this morningDow Jones Industrial Average (DJI) futures are trading above fair value, climbing alongside blue-chip energy stocks Chevron (CVX) and Exxon Mobil (XOM) as oil prices turn higher in the wake of the the U.S. decision to withdraw from the Iran nuclear agreement. At last check, June-dated crude futures are up 2.7% at $70.91 per barrel. Investors are also d...Read More

GDDY shares have had a huge yearShares of web-hosting specialist GoDaddy Inc (NYSE:GDDY) are up 3.5% in pre-market trading, after the company last night reported strong first-quarter sales, along with a better-than-expected second-quarter outlook. The company also noted that its closely watched average revenue per user (ARPU) metric continues to grow, rising 6% for the period. Already up more than...Read More

Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More

There are several "conventional" methods of trading earnings that most option traders are taught... Sponsored by TheoTradeFour times a year, publicly-listed companies are required to step up to the earnings confessional to announce revenue and earnings per share results for the prior quarter and future projections for growth going forward. These are conducted through prepared press releases and co...Read More

Beijing's new missile deployment to contested land features has tilted the maritime area's balance of power in its favor. Will the US respond?Read full newsRead More

World's largest mortgage bankers- Fannie Mae and Freddie Mac, would soon go bankrupt.No one believed Porter Stansberry nine years ago.As head of one of America's largest independent financial research firms, Mr. Stansberry's work back in 2008 led him to a bold, but worrisome, conclusion:That the world's largest mortgage bankers- Fannie Mae and Freddie Mac, which at the time were responsible for ne...Read More

How the S&P performs leading up to midterm electionsMidterm elections are approximately six months away. For those unfamiliar, midterms are in even-numbered years where there is not a presidential election. All 435 members of the House of Representatives are up for election, and about a third of the 100 Senate seats. This year, Democrats are expected to pick up a lot of seats in Congress, but that...Read More

Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More

Canada's Nutrien (TSX:NTR), the world's largest potash miner, is closer than ever to completing the sale of its 32% stake in Chile's Chemical and Mining Society (SQM), the world's second largest lithium producer, and so fulfill a condition for the merger between Potash Corp. and Agrium, which created the company."[The sale] is progressing well," the company's chief financial officer, Wayne Ric...Read More

Canada's Nutrien (TSX:NTR), the world's largest potash miner, is closer than ever to completing the sale of its 32% stake in Chile's Chemical and Mining Society (SQM), the world's second largest lithium producer, and so fulfill a condition for the merger between Potash Corp. and Agrium, which created the company."[The sale] is progressing well," the company's chief financial officer, Wayne Ric...Read More

AngloGold Ashanti Ltd. remains upbeat on its African assets even as new mining rules threaten profits at two of the company's key mines.Read full newsRead More