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

A wave of looting by hungry mobs across Venezuela has left streets of shuttered shops in provincial towns and pushed some store owners to arm themselves with guns and machetes, stirring fear that the turmoil could spread to the capital Caracas.Read full newsRead More

The World Gold Council recently highlighted four gold market trends that are expected to impact the market as 2018 continues.Read full newsRead More

A staggering rally in the shares of Indian graphite electrode producer HEG Ltd. shows no sign of losing steam as global shortages persist amid increasing demand from European steelmakers.Read full newsRead More

If regulatory concerns aren't enough to explain Bitcoin's 50 percent slump from its record high reached last month, how about blaming it on the moon?Read full newsRead More

Canada's Torex Gold Resources (TSX: TXG) announced this week that a team of unionized employees and management has been gradually restarting priority areas of its El Lim??n-Guajes mine, located in the state of Guerrero and one of the richest open-pit gold deposits in Mexico.In an official statement, the Toronto-based miner said that more employees will be called back as additional sections of the...Read More

Canada's Torex Gold Resources (TSX: TXG) announced this week that a team of unionized employees and management has been gradually restarting priority areas of its El Lim??n-Guajes mine, located in the state of Guerrero and one of the richest open-pit gold deposits in Mexico.In an official statement, the Toronto-based miner said that more employees will be called back as additional sections of the...Read More

Gold's breakneck rally eased this week, but tailwinds in both physical and paper markets suggest it's got room to run.Chinese New Year buying and option prices suggest the stars are aligning for the metal to extend its 6 percent gain over the past month."I'm always a bit nervous when gold prices rise this much, this fast," said Mark O'Byrne, marketing director of bullion dealer GoldCore Ltd. "But...Read More

Stocks made up for yesterday's losses during today's trading, with the Dow touching a fresh record high to mark its first close above 26,000.The blue-chip index skyrocketed more than 300 points by the closing bell, marking its best session since late November. A big day for Boeing (BA) stock helped the Dow higher, overshadowing a negative earnings reaction for Goldman Sachs (GS). A rally in tech...Read More

Earnings season kicks into high gear next week, with several high-profile names set to release fourth-quarter results. While Netflix, Inc. (NASDAQ:NFLX) will represent its fellow FAANG stocks, several blue-chip companies will take turns in the limelight -- including embattled General Electric Company (NYSE:GE). Meanwhile, the economic calendar starts heating up mid-week, with all eyes on Friday's...Read More

It's another breakout session for stocks today, with the Dow up around 290 points at last check, and fresh of a new record high. Among individual equities moving higher with the broad market are electric car concern Tesla Inc (NASDAQ:TSLA) and data storage platform Pure Storage Inc (NYSE:PSTG), though pay-TV operator DISH Network Corp (NASDAQ:DISH) is sitting out the day's rally. Here's a closer l...Read More

At the beginning of every year, we update what's typically one of our most popular pages, the Periodic Table of Commodity Returns. I encourage you to explore 10 years' worth of data on basic materials such as aluminum, zinc and everything in between. A word of warning, though-the interactive feature makes the table highly addictive. Please feel free to share it with friends and family!It was a p...Read More

U.S. industrial production increased more than expected in December as unseasonably cold weather at the end of the month boosted demand for heating, but manufacturing output barely rose, pointing to moderate growth in the industrial sector.Read full newsRead More

Gold futures notched a fifth session gain and another four-month high on Wednesday, with the dollar-denominated yellow metal getting a boost as the U.S. dollar failed to see much of a bounce back from recent lows. Prices for the yellow metal eased back a bit from the settlement shortly after the release of the Federal Reserve's Beige Book. February gold GCG8, -0.87% rose $2.10, or nearly 0.2%, t...Read More

Gold futures notched a fifth session gain and another four-month high on Wednesday, with the dollar-denominated yellow metal getting a boost as the U.S. dollar failed to see much of a bounce back from recent lows. Prices for the yellow metal eased back a bit from the settlement shortly after the release of the Federal Reserve's Beige Book. February gold GCG8, -0.79% rose $2.10, or nearly 0.2%, t...Read More

Amid the wild Bitcoin ride that's wiped more than 40 percent off the cryptocurrency's price in a month, a pattern may be emerging: sellers are switching out of digital gold and into the real thing.Read full newsRead More

Bitcoin's recent wobbles have given fresh urgency to a question that's gripped market observers for much of the past year: Will the cryptocurrency go down as one of history's most infamous bubbles, alongside tulipmania and the dot-com craze?Read full newsRead More

Papa John's International, Inc. (NASDAQ:PZZA) has underperformed on the charts in recent months, down 30.3% over the past year. This dismal return comes despite strong showings from a number of sector peers from our Restaurant & Bars sub-sector, including Dow component McDonald's (MCD). Out of this group of roughly two-dozen, PZZA is one of just six that's trading below its 80-day moving average,...Read More

The classic American school bus - yellow, loud and trailing diesel exhaust - may soon get an electric upgrade.Each weekday morning, buses running on nothing but battery packs shuttle students to schools in northern Sacramento and the neighboring suburbs. The vehicles - made by Lion Bus of Quebec, Trans Tech Bus of New York state and Motiv Power Systems of Hayward - are cleaner and quieter than the...Read More

Bitcoin has rebounded over $1000 off its lows, breaking back above $10,000... The question on everyone's mind, did the bubble just burst or do you BTFD?Read full newsRead More

Amid the wild Bitcoin ride that's wiped more than 40 percent off the cryptocurrency's price in a month, a pattern may be emerging: sellers are switching out of digital gold and into the real thing.Read full newsRead More