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

Subscribers to Schaeffer's PowerTrend service more than quadrupled their money on our Boeing Co (NYSE:BA) January 19, 2018 235-strike call recommendation. Here's a quick breakdown of what put BA stock on our bullish radar, and how the winning options trade unfolded.When we recommended the call option back on Sept. 14, the Dow stock was in the middle of a long-term uptrend, boasting a 55% year-to-d...Read More

Proceeds from the private placement and financing will be used for exploration and development of the junior miner's projects in Colombia and Nicaragua.Read full newsRead More

Asian shares traded lower Thursday after Trump administration officials' rhetoric on trade and the dollar roiled financial markets, sending the U.S. currency to its lowest level in three years and whipsawing stocks that had been buoyed by strong earnings.Read full newsRead More

Gold could hit levels last seen in 2013 if the dollar extends its slide and equity markets reverse.Read full newsRead More

SANTIAGO, Jan 25 (Reuters) - Chile's state-owned Codelco , the world's largest copper miner, said on Thursday it had received environmental approvals for a revised plan to extend the working life of its century-old El Teniente copper mine.The approvals will allow the company to modify its original expansion plan, already permitted and now 44 percent complete, which seeks to add another, deeper lev...Read More

In morning trade on Thursday, gold jumped to its best level since August 2016 touching a high of $1,365.40 an ounce after comments from US Treasury Secretary Steven Mnuchin at the World Economic Forum in Davos Switzerland sent the dollar lower.But the metal reversed course in the afternoon after US President Donald Trump told CNBC that Mnuchin's comments had been misinterpreted:"The dollar is g...Read More

While some blue-chips cash in, earnings season hasn't been kind to everyone. RPC Inc (NYSE:RES) reported weaker-than-expected fourth quarter earnings yesterday, sending the oil equipment stock to its worst single-day session in over two years. No fewer than nine brokerages have since chimed in with price-target cuts, including a cut to $21 from $25 at Credit Suisse -- the lowest of the bunch. In...Read More

(Bloomberg) - De Beers mined more diamonds last year than any time since the global financial crisis of 2008.The company, a unit of Anglo American Plc, mined 33.5 million carats in 2017. That's a 22 percent jump from a year earlier, beating its own target. Production was boosted by its new Gahcho Kue mine in Canada and better market conditions.Still, it hasn't necessarily been a bumper year for g...Read More

(Bloomberg) - De Beers mined more diamonds last year than any time since the global financial crisis of 2008.The company, a unit of Anglo American Plc, mined 33.5 million carats in 2017. That's a 22 percent jump from a year earlier, beating its own target. Production was boosted by its new Gahcho Kue mine in Canada and better market conditions.Still, it hasn't necessarily been a bumper year for g...Read More

U.S. stocks have seen whipsaw price action again today, as investors react to the latest corporate earnings reports. Specifically, the Dow Jones Industrial Average (DJI) briefly pared most of its triple-digit gain amid post-earnings volatility in Caterpillar (CAT) shares, but has since bounced back to trade near the record high it hit earlier. TheS&P 500 Index (SPX) and Nasdaq Composite (IXIC) are...Read More

Jan 25 (Reuters) - Canada's Teck Resources said on Thursday it expects to lose coal production of about 200,000 tonnes due to an interruption at its Elkview coal mine in British Columbia.This comes a week after the miner reported a "significant pressure" event at the mine.Elkview will now produce steelmaking coal at about 80 percent of planned levels, Teck said.The Vancouver, Canada-based company...Read More

MOSCOW, Jan 25 (Reuters) - Alrosa could sell around 40 million carats of diamonds in 2018 provided market conditions are favourable, the Russian state-controlled diamond miner said on Thursday.The world's largest producer of rough diamonds has said it expects production to fall in 2018 due to an accident at its Mir mine last year although reserves would allow it to keep sales steady.It expects 201...Read More

Tech powerhouse Amazon.com, Inc. (NASDAQ:AMZN) is continuing its long-term trend higher, after receiving a price-target hike fromD.A. Davidson. Specifically, while maintaining its "buy" rating, the brokerage firm raised its price target to $1,800 from $1,500 -- the most bullish target ever set for the FAANG stock -- citing expectations of strong results from the company's cloud computing, andprofi...Read More

The U.S. dollar has been hammered recently, and yesterday fell to a three-year low against a basket of foreign rivals, after Treasury Secretary Steve Mnuchin waxed optimistic on a weaker greenback. Against this backdrop, the PowerShares DB US Dollar Index Bullish Fund (UUP) is pacing for a seventh straight weekly loss -- something that's happened just one other time in history -- and option bears...Read More

Corporate earnings have been a big reason the U.S. stock market has been able to notch one record high after another in 2018, and the impressive quarterly updates show no sign of slowing down. Two of the most recent winners are healthcare stocks Varian Medical Systems, Inc. (NYSE:VAR) and Abbott Laboratories (NYSE:ABT). Shares of VAR are trading at record levels following the company's well-receiv...Read More

The latest round of corporate earnings reports has sparked a risk-on session on Wall Street, with the major market indexes carving out new record highs. Among specific names rising on positive earnings reactions are mining stocks Cleveland-Cliffs Inc (NYSE:CLF) and Freeport-McMoRan Inc (NYSE:FCX). Here's a closer look at how shares of CLF and FCX are trading today.Cleveland-Cliffs Stock Rallies Pa...Read More

For the second time in as many weeks, Kroger Co (NYSE:KR) is caught up in e-commerce buzz. Specifically, reports have surfaced that the grocer conducted early-stage business talks with Chinese e-commerce giant Alibaba (BABA). It is unclear whether the reported talks will amount to an actual partnership, but they could represent a continued effort to counter Amazon.com (AMZN) and its foray into the...Read More

Shares in London-listed Botswana Diamonds (LON:BOD) were hit Thursday by the news that said sampling work at the company's Thorny River project in South Africa had failed to produce enough diamonds for an economic modelled diamond valuation.While chairman John Teeling said that further geological work would be conducted to determine the economic viability of the resource, the company's stock drop...Read More

Shares in London-listed Botswana Diamonds (LON:BOD) were hit Thursday by the news that said sampling work at the company's Thorny River project in South Africa had failed to produce enough diamonds for an economic modelled diamond valuation.While chairman John Teeling said that further geological work would be conducted to determine the economic viability of the resource, the company's stock drop...Read More

Anil Mall, President of Stockpools Inc. sat down with Kate Hiscox, President of Venzee Technologies Inc. (TSX-V: VENZ), to discuss how Venzee solves retails' biggest efficiency problem, spreadsheets.Venzee's technology, leveraging artificial intelligence to streamline product information management, allows thousands of vendors and retailers to seamlessly share information, avoiding delays and...Read More