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's outperformed most major assets since the U.S Federal Reserve last month raised interest rates -- even bitcoin.Read full newsRead More
Gold's outperformed most major assets since the U.S Federal Reserve last month raised interest rates -- even bitcoin.Read full newsRead More
The U.S. gold market suffered a net deficit this year compared to a small surplus in 2016. This was quite interesting because U.S. physical gold demand will be down considerably this year. In 2016, total U.S. gold demand was 212 metric tons versus an estimated 150 metric tons this year. The majority of the decline in U.S. gold demand is from the physical bar and coin sector that is down 56%...Read More
Switzerland's central bank said it expects to make a record profit of $55.2 billion in 2017, citing higher global equity and bond prices as well as a weaker Swiss franc.Read full newsRead More
The U.S. stock market is scaling record highs once again, as bank stocks surge ahead of the start of earnings season. A rally in healthcare shares is also lifting the broader equities indexes, with sickle cell specialist Global Blood Therapeutics Inc (NASDAQ:GBT), genetic testing name Illumina, Inc. (NASDAQ:ILMN), and chronic pain expert Pain Therapeutics, Inc. (NASDAQ:PTIE) all on the move. Here'...Read More
Canuc Resources Corporation (TSXV:CDA) ('Canuc' or the 'Company') is pleased to provide an update on exploration at the San Javier Silver-Gold Project in Sonora State, Mexico.Read full newsRead More
Vangold Mining Corp. (TSX:VAN, OTC:VGLDF) ('Vangold' or 'the Company'), is pleased to announce the initial diamond drilling program at its wholly-owned, El Pinguico Mine, located 10km from the City of Guanajuato, Mexico.Read full newsRead More
One of this market's biggest drivers in recent years has been the healthcare sector, evidenced by the strength seen from the Health Care Select Sector SPDR Fund (XLV), with each notable pullback turning into a prime buying opportunity. In fact, the exchange-traded fund (ETF) has experienced only three negative quarters over the past five years, and just touched an all-time high of $86.01. Johnson...Read More
Oil prices are trading in territory not charted since late 2014, with February-dated crude futures last seen 1.7% higher at $62.79 per barrel. Against this backdrop, several oil-and-gas stocks are also higher today, including WPX Energy Inc (NYSE:WPX) and HollyFrontier Corp (NYSE:HFC). What's more, WPX and HFC stocks could extend their upward momentum in the near term, if history is any indicator,...Read More
Isodiol to begin marketing new line of phytoceutical products for kathy ireland (R) Health & Wellness and Ireland Men One January 8, 2018 - Vancouver, BC - Isodiol International Inc., (CSE: ISOL) (OTC:ISOLF) (FSE: LB6A.F) (the "Company" or "Isodiol"), a global bioactive phytoceutical innovator specializing in the development of pharmaceutical and wellness products, announced today that it has en...Read More
Oil prices rose Tuesday, as geopolitical risk relating to Iran continued to buoy markets.Read full newsRead More
Delta Air Lines, Inc. (NYSE:DAL) has historically been one of the best stocks to own in the first quarter, and will be kicking off the new year with a fourth-quarter earnings report before the open on Thursday. Below, we will take a look at how DAL stock is performing ahead of the report, and how options traders are speculating on the airline shares.At last check, Delta stock is down 0.4% to trad...Read More
Saudi Arabia has long barred women from sports arenas, due to strict...Read full newsRead More
Brent crude's relentless rally has put $70 a barrel on the radar for the first time since 2014. Monthly average prices for the global benchmark increased every month since July, the longest such advance in almost seven years. The positive momentum, extreme bullish speculation, and recent pipeline halts in North America and the North Sea have all helped Brent's strong start to 2018.Read full newsRead More
As a child 40 years ago, Mohammad Hassan Sharifzadeh saw the opening salvos of the Islamic revolution in Iran, starting with a particularly strange scene in a mosque in the holy city of Qom.Read full newsRead More
The Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are trading at record highs once again, putting the latter two indexes on pace for a sixth straight win. Bank shares continue to rally ahead of fourth-quarter earnings season, while a raft of positive analyst attention for high-profile stocks -- including today's top Dow gainer, Johnson & Johnson (JNJ) -- and...Read More
Strong winds, high waves and toxic gases are hindering dozens of rescue boats struggling to locate missing sailors from a stricken oil tanker in the East China Sea and to extinguish a fire that has burned for the past three days on the ship.Read full newsRead More
We've been recounting some of our top stock picks of 2017. While Chipotle (CMG) was a big winner on the short side, industrial stock Trinity Industries Inc (TRN) was one of our market-beating recommendations on the long side. Another successful long recommendation we made in 2017 was farming machinery concern Deere & Company (NYSE:DE). Here's a closer look at why we were bullish on DE stock in 2...Read More
The start of a new year has brought a slew of holiday retail sales data. Today, retail powerhouses Target Corporation (NYSE:TGT) and Urban Outfitters, Inc. (NASDAQ:URBN) are both in focus following their newly released November-December sales figures. Here's a closer look at how TGT and URBN stocks are faring. TGT Boosts Fourth-Quarter Profit Forecast TGT is up 3% to trade at $69.19 after the re...Read More
Chip software developer Cadence Design Systems Inc (NASDAQ:CDNS) has been rallying hard over the past 12 months, up over 71%. More recently, the stock pulled back to its rising 80-day moving average after topping out at a record high in late November. This trendline has had historically bullish implications, suggesting CDNS could be ready to embark on its next leg higher. In spite of this stro...Read More