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 proved unable to hang on to early gains, ending with a small loss as the dollar pared its decline. Gold initially found haven-related support as global equities and Treasurys saw renewed selling pressure, analysts said. But while the U.S. dollar remained under pressure, the currency trimmed initial losses, which appeared to sap support for the metal. Gold also moves inversely to the d...Read More

The major U.S. benchmarks are spiraling for a second straight day, as the 10-year Treasure yield hovers near a three-year peak, and healthcare stocks spiral. But while steel name AK Steel Holding Corporation (NYSE:AKS) sinks alongside the broader stock market, biotech Achaogen Inc (NASDAQ:AKAO) and healthcare technology firm Cerner Corporation (NASDAQ:CERN) are both in positive territory. Here's a...Read More

Last week, 52% of Nasdaq-100 Index (NDX) stocks hit a new 52-week high. There have been just two other times in history when more than half of NDX components notched an annual peak in one week, and both signals preceded short-term pullbacks for the index. So, was this week's steep stock market drop in the cards for the Nasdaq-100 and its sector peers? The sample size is small, of course, but below...Read More

Cobalt prices have been one of the main beneficiaries of the scramble for battery materials by auto manufacturers.The metal quoted on the LME recently topped $80,000 a tonne, a gain of 140% since the beginning of last year. Measured from its record low hit in February 2016, the metal is more than $50,000 more expensive.Negotiating a price for a streaming deal could be complicated by the limited si...Read More

Activision Blizzard, Inc. (NASDAQ:ATVI) has had a solid start to the new year, boosted by the inaugural season of the Overwatch League. If past is precedent, ATVI could have even more room to run in the short term. Heading into Super Bowl weekend and a new month, we looked at the video game stock throwing up two significant "buy" signals. ATVI Stock Historically Hot After Super Bowl According...Read More

Earnings season is well underway, and aerospace giant Boeing (NYSE:BA) is expected to report its fourth-quarter results before tomorrow's opening bell. Below, we will take a look into how BA has performed on the charts of late, and what the options market is pricing in for the stock's post-earnings action.As an overview, Boeing stock has outperformed on the charts this past year, more than doublin...Read More

Stocks are getting battered for a second straight day. The S&P 500 Index (SPX), Nasdaq Composite (IXIC), and Dow Jones Industrial Average (DJIA) are all sharply lower, with the blue-chip index pacing for its worst daily percentage decline since August. A big pullback from insurance giant UnitedHealth Group (UNH) following this morning's announcement from Amazon (AMZN), Berkshire Hathaway (BRK.A),...Read More

The shares of Dick's Sporting Goods Inc (NYSE:DKS) made an impressive run higher since their early November lows, but have recently run into multiple layers of resistance. For instance, the stock is backing down from its descending 200-day moving average, and failed in the key $35 region, which is significant for many reasons. This area is where DKS was trading before a major bear gap in August, a...Read More

Healthcare stocks are in focus today, with the sector sinking on news of a massive Amazon (AMZN) partnership aimed at driving down employee healthcare costs. Even Dow stock Pfizer (PFE) is trading lower this morning, despite an earnings beat. What's more, the next month could be ugly for fellow blue-chip pharma stock Merck & Co., Inc. (NYSE:MRK), if past is prologue. Below, we outline the 25 worst...Read More

Shares in Vanadiumcorp Resource Inc (CVE:VRB) slumped Tuesday after the company announced the preliminary economic assessment for its flagship Lac Dor?(C) project in Quebec is being reviewed by regulators.During lunchtime trade the Vancouver-based junior was exchanging hands for $0.14, down just shy of 10 % on the TSX Venture Exchange, in higher than usual volumes. The microcap is now worth $32.5...Read More

Shares in Vanadiumcorp Resource Inc (CVE:VRB) slumped Tuesday after the company announced the preliminary economic assessment for its flagship Lac Dor?(C) project in Quebec is being reviewed by regulators.During lunchtime trade the Vancouver-based junior was exchanging hands for $0.14, down just shy of 10 % on the TSX Venture Exchange, in higher than usual volumes. The microcap is now worth $32.5...Read More

The U.S. stock market is on track for its second day of sharp losses, but not all of the day's action is to the downside. Among stocks trading in positive territory are airlines United Continental Holdings Inc (NYSE:UAL), JetBlue Airways Corporation (NASDAQ:JBLU), and Hawaiian Holdings, Inc. (NASDAQ:HA), following a round of positive analyst attention. Here's a closer look at how shares of UAL, JB...Read More

Amazon.com, Inc. (NASDAQ:AMZN) has shaken up the healthcare sector today. The online retailer announced earlier that it will be teaming up with Berkshire Hathaway (BRK) and JPMorgan Chase (JPM) to provide cheaper healthcare for their U.S. employees, through an independently created firm. However, ahead of earnings later this week -- and despite upbeat analyst attention -- AMZN stock is lower this...Read More

Aetna Inc (NYSE:AET) and Community Health Systems (NYSE:CYH) are bothlower this morning, along with a host of other healthcare stocks, after news of the big team-up between Amazon.com, Berkshire Hathaway and JPMorgan Chase to provide cheaper healthcare options for employees. Below, we will take a look at what this bombshell is doing to shares of AET and CYH. Aetna Stock Retreats From Record H...Read More

Shares of Intel Corporation (NASDAQ:INTC) and World Wrestling Entertainment, Inc. (NYSE:WWE) have gotten off to exceptionally strong starts to 2018. This outperformance has evidently grabbed Wall Street's attention, with both stocks enjoying bullish brokerage attention this morning. Let's take a quick look at INTC and WWE below. Citigroup Thinks Intel Can Rally Another 17%Intel stock is trading 0...Read More

It was a brutal year for the United States Natural Gas Fund (UNG) in 2017, as the exchange-traded fund (ETF) shed more than 37% of its value over the course of that 12-month stretch. In fact, the fund was trading around $5 at the start of 2018, just prior to a reverse 4-for-1 share split executed after the close on Jan. 4 -- which accomplished the ostensible goal of pulling the ETF back from the p...Read More

Stock futures are signaling a second straight day of sharp losses, as the 10-year Treasury yield holds near a three-year high of 2.7%. Traders are also reacting to news Amazon (AMZN), Berkshire Hathaway (BRK.A), and JPMorgan Chase (JPM) are teaming up to tackle rising healthcare costs for their U.S. employees, with blue-chip insurance giant UnitedHealth (UNH) down more than 6% ahead of the bell --...Read More

Despite beginning the year in good shape, the global iron ore industry is starting to experience a fresh drop in prices that has analysts trying to decide whether this is the start of a deeper downtrend or a pull-back.According to the Metal Bulletin, the price for benchmark 62% fines slipped Tuesday below $73 per tonne, down $1.36 per tonne month-to-date average.Chinese iron ore futures ticked hi...Read More

On January 30th, 2018, Kate Hiscox, President of Venzee Technologies Inc. (TSX-V: VENZ), Marc Sylvestre, CTO and the Venzee team will be present at the Toronto Stock Exchange to open the day's trading session.Kate Hiscox, President of Venzee Technologies, commented, "We are thrilled to be opening the bell at the Toronto Stock Exchange, and sharing it with those who have supported our growth....Read More

Mining giant Rio Tinto's (ASX, LON, NYSE: RIO) driverless trucks fleet has achieved a major milestone as it moved its one-billionth tonne of material in Western Australia's Pilbara region last month, the company said.The figure corresponds to roughly 25% of both ore and waste material hauled last year across the company's five sites in the Pilbara region, including the newly commissioned Silvergra...Read More