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

(Repeats Jan. 10 item. The opinions expressed here are those of the author, a columnist for Reuters.)Read full newsRead More

The U.S. stock rally is back on, with the Dow up triple digits at last check amid a surge in energy shares. Among other names making volatile moves today are video game maker Activision Blizzard, Inc. (NASDAQ:ATVI), hospital operator Community Health Systems (NYSE:CYH), and solar stock First Solar, Inc. (NASDAQ:FSLR). Here's a quick look at what's lifting shares of ATVI, CYH, and FSLR.Overwatch Le...Read More

Ulta Beauty Inc (NASDAQ:ULTA) pulled back sharply in the latter half of 2017 following its June record high of $314.86, eventually bottoming at $187.96 in mid-October. But since then, the shares have been in a channel of higher highs and lows, last seen trading at $232.37. Part of the outperformance so far in 2018 has been due to bullish analyst attention, but historical data also shows ULTA stock...Read More

Chip makers have been in focus to start the new year, after Intel's (INTC) reported Spectre security flaws. Fellow chipmaker Micron Technology, Inc. (NASDAQ:MU) has also struggled lately, on track to shed 8.4% this week. However, this pullback puts MU stock within one standard deviation of its 80-day moving average, a trendline with historically bullish implications.According to Schaeffer's Sen...Read More

Renforth Resources Inc. (CNSX:RFR) ("Renforth" or the "Company") is pleased to announce that the January 2018 drill program at Parbec has commenced.Read full newsRead More

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 are drugmaker Valeant Pharmaceuticals Intl Inc (NYSE:VRX) and streaming giant Netflix, Inc. (NASDAQ:NFLX). Below, we'll break dow...Read More

Gold prices edged higher Thursday to settle at a four-month high as the U.S. dollar took a turn lower for the week. February gold GCG8, +1.19% tacked on $3.20, or 0.2%, to settle at $1,322.50 an ounce-the highest finish for a most-active contract since Sept. 15, FactSet data showed. The exchange-traded SPDR Gold Shares GLD, +1.21% was up 0.4%. Gold has seen its "biggest start to a month since...Read More

Coming off a historical 2017, the U.S. stock market has started 2018 with a bang. In fact, the Dow, S&P 500 Index (SPX), and Nasdaq Composite (IXIC) each hit new record highs in each of the first six trading sessions of the year -- a first-time feat for the major benchmarks. Against this backdrop, several sentiment indicators are pointing to levels of extreme optimism in the stock market. However,...Read More

For the second time already this year, Wall Street looks ahead to a holiday-shortened week. However, that's not to say it will be a quiet week, as earnings season begins to rev up. A handful of financial companies will step up to the plate, with the likes of American Express (AXP), Bank of America (BAC), Goldman Sachs (GS), and Morgan Stanley (MS) headlining the bunch. Dow members IBM (IBM) and Un...Read More

Shares in Skeena Resources Limited (TSX.V:SKE) jumped 6% on Thursday after the company announced additional drill results from 13 holes at its Snip gold project located in the Golden Triangle of British Columbia.In lunchtime trade the Vancouver-based junior was exchanging hands for $0.74, up 10.4% on the TSX Venture Exchange, in more than double usual volumes. Skeena is now worth $53 million in To...Read More

Shares in Skeena Resources Limited (TSX.V:SKE) jumped 6% on Thursday after the company announced additional drill results from 13 holes at its Snip gold project located in the Golden Triangle of British Columbia.In lunchtime trade the Vancouver-based junior was exchanging hands for $0.74, up 10.4% on the TSX Venture Exchange, in more than double usual volumes. Skeena is now worth $53 million in To...Read More

SunPower Corporation (NASDAQ:SPWR) is up 9.6% to trade at $9.31, on track to finish about the $9 level for the first time since Dec. 22. Earlier in the week, however, the solar stock pulled back to within one standard deviation of its 40-day moving average. This SPWR pullback may have marked a buying opportunity,as the trendline has historically had bullish implications.According to Schaeffer's...Read More

Oil prices have been grinding higher and higher, spurring forecasters to predict they could hit $80 a barrel this year.Read full newsRead More

Oil prices hit a fresh three-year high on Thursday ahead of a U.S. decision on whether to extend temporary waivers on sanctions against Iran.Read full newsRead More

Tracking the shale boom is getting murkier.Read full newsRead More

China is seeing signs of success in its fight against smog as pollution levels slump dramatically in the capital region Beijing.Read full newsRead More

Rio Tinto Group has dropped out of the bidding for a stake in Soc. Quimica & Minera de Chile SA, one of the world's top lithium producers, as it pursues other ways to capitalize on the electric-car boom, people familiar with the matter said.Read full newsRead More

View Sumitomo Corporation's news, Impact of Cyclone AVA on Ambatovy Joint VentureRead full newsRead More

OPEC may get the credit for the longest winter decline in U.S. crude stockpiles in a decade, but other factors are also at play, including strong refining margins, frigid weather and robust foreign demand.Read full newsRead More

U.S. stock indexes are bouncing back in a big way after a rare setback on Wednesday. The Dow Jones Industrial Average (DJIA) and Nasdaq Composite (IXIC) have both hit record peaks, and the S&P 500 Index (SPX) is within striking distance of a fresh high, as well. The energy sector is a major reason for today's gains, with oil stock Chevron (CVX) providing the biggest boost to the Dow, as February c...Read More