News and Reports

Year Ahead 2025

January 06, 2025

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

Year in Review 2023 and Outlook for 2024

January 04, 2024

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

Year in Review 2022 and Outlook for 2023

January 2023

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: The Heart of Global Copper

October 2021

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 Gold

June 2021

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 Gold Mining and Canadian Juniors

April 2021

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

An Overview of the Golden Triangle

July 2020

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

An Overview of Quebec Gold Mining

April 2020

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

An Overview of the Red Lake Mining District

January, 2020

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

Call Buyers Pounce On Netflix Stock's Historic Month

January 29, 2018 / www.schaeffersresearch.com

Few stocks have had as hot a start to 2018as Netflix, Inc. (NASDAQ:NFLX). The streaming giant has turned in only two negative sessions in January, and is currently riding a eight day winning streak. The FAANG name is higher again today, up 3.4% to trade at $283.80, and earlier touched a fresh record high of $286.81. The stock is riding higher on news thatcable operator Altice integrated Netflix i...Read More

Options Bears Pile On for PulteGroup Earnings

January 29, 2018 / www.schaeffersresearch.com

PulteGroup, Inc. (NYSE:PHM) reports fourth-quarter earnings before the open tomorrow, and near-term options traders are unusually put-skewed before the event. For instance, our Schaeffer's put/call open interest ratio (SOIR) for PHM comes in at 1.35 and ranks only 2 percentage points from a 12-month high. Looking closer, recent activity has centered at the weekly 2/2 35-strike put, where speculato...Read More

Apple, Facebook Stocks See Heavy Call Trading Ahead of Earnings

January 29, 2018 / www.schaeffersresearch.com

The 20 stocks listed in the table below have attracted the highest total options volume during the past 10 trading days. Stocks highlighted in yellow are new entries to the list. Data is courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Two names to note today are tech andstocks Facebook, Inc. (NASAQ:FB) and Apple Inc. (NASDAQ:AAPL). Below, we'll break down recent options tradin...Read More

Gold ends lower as dollar firms, Treasury yields charge ahead

January 29, 2018 / www.marketwatch.com

Gold futures ended lower Monday as a popular dollar gauge climbed and benchmark Treasury yields cleared their highest level since April 2014. February gold GCG8, +0.16% lost $11.80, or 0.9%, to settle at $1,340.30 an ounce. The SPDR Gold Shares exchange-traded fund GLD, -0.43% fell 0.5% and the VanEck Vectors Gold Miners GDX, -0.97% eased 2.3%. Selling has set in ahead of the U.S. Federal Open...Read More

RT @omriceren: NY Post: In the Gulf, Iran quietly admits there's a new cop in the White House

January 29, 2018 / buff.ly

Iranian military boats have quietly ended years of harassment of US Navy vessels in the Persian Gulf, and it looks like another welcome sign of a new cop on the beat. For years, armed Iranian "fast...Read full newsRead More

RT @business: Higher oil prices fuel a rebound in Saudi foreign reserves

January 29, 2018 / bloom.bg

Saudi Arabia is finally reaping the benefit of leading OPEC efforts to boost oil prices by trimming global output. Its net foreign reserves rose for three consecutive months through December for the first time since 2014, tracking oil's recovery. The trend may continue, with oil enjoying its best January since 2006 and net-long positions at record highs.Read full newsRead More

RT @FoxBusiness: 4 ways to lower your heating bill this winter

January 29, 2018 / fxn.ws

It's been a cold winter so far this year, with many parts of the country experiencing record low temperatures.Read full newsRead More

RT @steam_oil: The Dark Side of America's Rise to Oil Superpower - Bloomberg

January 29, 2018 / www.bloomberg.com

It sounds good, but be careful what you wish for.Read full newsRead More

RT @EnergyPhilFlynn: How strong is Wyoming's oil recovery, and will it last?

January 29, 2018 / trib.com

Wyoming oil is saving the day, something that hasn't been said for more than two years. State revenue forecasts are improving. The oilfield service industry is climbing. And the generalRead full newsRead More

RT @zerohedge: Belgium: How Low Can A Low Country Get?

January 29, 2018 / www.zerohedge.com

Shut up. Zip it. It is a pathetic and cowardly way of responding to reality, but it is, alas, a widespread behavior pattern in Western Europe today - and, at least in certain milieux in poor little Belgium, it has been all but raised to a sacrament.Read full newsRead More

RT @zerohedge: Japanese Police Launch Probe Of Biggest Cryptocurrency Heist In History

January 29, 2018 / www.zerohedge.com

Japan's new cryptocurrency regulations were put to the test last week when CoinCheck - a popular, if unlicensed, Tokyo-based crypto-exchange - became the target ofRead full newsRead More

AMD Options Traders Bearish Ahead of Earnings

January 29, 2018 / www.schaeffersresearch.com

Advanced Micro Devices, Inc. (NASDAQ:AMD) is scheduled to report fourth-quarter earnings after tomorrow's close. Below, we will take a look at how AMD stock has been faring on the charts, and how options traders are speculating on the semiconductor name -- which is on the cusp of a historically bullish month.AMD stock has gained more than 27% so far in 2018, and rallied roughly 36% from its Dec. 5...Read More

25 Stocks to Buy Right Now

January 29, 2018 / www.schaeffersresearch.com

Although U.S. stocks are down today, it's been a stellar start to 2018, with the major market indexes still pacing for their best month in years. With February around the corner, we decided to take a look at some stocks that could outperform next month, if past is prologue. Below is a list of 25 stocks to buy now, if history is any indicator, with travel stock Priceline Group Inc (NASDAQ:PCLN) lea...Read More

Options Bulls Blast Electronic Arts Stock Ahead of Earnings

January 29, 2018 / www.schaeffersresearch.com

Earnings season hits high gear this week, with video game maker Electronic Arts Inc. (NASDAQ:EA) among the many names set to report. Specifically, the "Star Wars: Battlefront" creator will unveil its fiscal third-quarter results after tomorrow's close, and despite EA stock's negative earnings reaction last quarter, options traders have been loading up on calls ahead of the event. Below, we'll take...Read More

VIX Spikes as Stocks Stay Lower with Apple

January 29, 2018 / www.schaeffersresearch.com

Stocks are pulling back, with the Dow Jones Industrial Average (DJI) dropping more than 160 points at its intraday low -- pressured by Apple's (AAPL) iPhone X production concerns ahead of Thursday night's earnings report. Plus, despite strong earnings from Lockheed Martin (LMT) and big M&A news in Keurig Green Mountain's purchase of Dr Pepper Snapple (DPS), investors are focusing instead on this m...Read More

Africa's newest gold miner starts output and sees potential IPO

January 29, 2018 / www.mining.com

(Bloomberg) - Toro Gold Ltd. became Africa's newest gold producer last week when it delivered its first batch of bullion, and the privately held firm is now weighing the possibility of selling shares this year.The company, which achieved the unusual feat of building a bullion mine without tapping public markets for funding, expects to produce about 135,000 ounces of the metal a year from the Mako...Read More

Loulo-Gounkoto set for record production

January 29, 2018 / www.mining.com

Bamako, Mali, 29 January 2018 - Randgold Resources' Loulo-Gounkoto gold mining complex is on track to improve on its record performance in 2018, with last year's production expected to reach a new peak and at lower cash costs of production, Chiaka Berthe, the company's general manager of its West African operations, said today.Speaking at the quarterly update for local media, Berthe said this...Read More

Loulo-Gounkoto set for record production

January 29, 2018 / www.mining.com

Bamako, Mali, 29 January 2018 - Randgold Resources' Loulo-Gounkoto gold mining complex is on track to improve on its record performance in 2018, with last year's production expected to reach a new peak and at lower cash costs of production, Chiaka Berthe, the company's general manager of its West African operations, said today.Speaking at the quarterly update for local media, Berthe said this...Read More

ALROSA's subsidiary supplies 27 X-ray sorters for the Cullinan Mine

January 29, 2018 / www.mining.com

Bourevestnik, Inc., subsidiary company of ALROSA, supplied and commissioned a set of 27 X-ray luminescence sorters at the new recovery plant of the Cullinan mine in South Africa.The Cullinan Mine is owned 74% by Petra Diamonds Limited and is renowned as the source of very rare blue diamonds and large, high quality gem diamonds, including Type II stones characterized by low nitrogen content (their...Read More

De Beers auction sales: what a difference a decade can make

January 29, 2018 / www.mining.com

29 Jan 2018, Neil VenturaAs we get up every morning, look in the mirror and see the same face looking back at us, it may be surprising for some people to learn that the human body actually renews most of its cells every ten years. While research has shown that some cells in the body are never replaced, the vast majority of our entire physical structure is changed several times within our lives. S...Read More

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