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

The stock market's whirlwind start to 2018 is continuing today, putting the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) on track for their biggest weekly gains since December 2016. And while chip stock Xilinx, Inc. (NASDAQ:XLNX) is riding the tailwinds higher, book retailer Barnes & Noble, Inc. (NYSE:BKS) and Kala Pharmaceuticals Inc (NASDAQ:KALA) aren't so resilient. Here's a closer look at w...Read More

Subscribers who followed our Top Stocks for 2017 predictions racked up some big winners last year, as half of our 10 trades generated returns in excess of the S&P's 20% move. Among the short positions we recommended was Chipotle Mexican Grill, Inc. (NYSE:CMG), which wound up losing 23.4% after our bearish recommendation. Here's a closer look at what initially drew us to CMG stock for a short trade...Read More

The Dow has kicked off 2018 with an epic rally, touching record highs for a third straight day. A round of bullish analyst attention for several blue-chip stocks is helping the index shrug off lackluster December jobs data, with Boeing Co (NYSE:BA) leading the 30 Dow stocks higher. In addition, analysts are calling for record highs for fellow blue chips Wal-Mart Stores Inc (NYSE:WMT) and UnitedHea...Read More

The bulk of new capacity would come online in 2019.Read full newsRead More

The hunt for yield may soon target the safest prey.Read full newsRead More

Base metals charged higher on Thursday after U.S. manufacturing data provided further evidence of a synchronized boom in factory output across the globe.Read full newsRead More

If the comings and goings of oil tankers from the Persian Gulf are any guide, then OPEC's Middle East powerhouses did their bit to curb a global crude glut last month. Saudi Arabia shouldered the burden.Read full newsRead More

LONDON: Investors are gaining confidence: up to a point: that 2018 will be the year of oil stocks.While shares in top energy companies have risen since mid-2017, they have failed to keep step with recovering crude markets, opening up a historically unusual performance gap. Big oil stocks have also underperformed broader equity indexes.Uncertainty over whether the crude rally can stick and fears th...Read More

Pfizer Inc. (NYSE:PFE) stock has been on a hot streak to start the new year, notching a win in six out of the last eight sessions. There could be even more tailwinds in the coming weeks, with the Dow stock sending up a buy signal to short-term options traders right now.At last check, Pfizer stock was down 0.2% at $36.72, but remains a chip-shot from the annual high of $37.35 it touched on Dec. 18....Read More

Iran takes the threat seriously. An advocate for attacks on oil facilities was gunned down in Europe.Read full newsRead More

Like a number of names in the semiconductor sector, auto stocks are having a monster start to 2018 -- after data on Wednesday showed 2017 sales held near record levels, despite the industry's first annual decline since 2009. Among the names pacing for impressive weekly gains are Fiat Chrysler Automobiles NV (NYSE:FCAU) and Navistar International Corp (NYSE:NAV). And if history is any guide, it cou...Read More

Stocks seemingly can't be stopped, as the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) scale fresh record highs. Today's gains comes despite this morning's mixed December jobs report and heavy selling on energy stocks, with the tech sector again leading -- evidenced by strong moves from Dow stocks Cisco Systems (CSCO) and Apple (AAPL). Meanwhile, the ISM non...Read More

BENGALURU/MUMBAI, Jan 5 (Reuters) - Physical gold demand across Asia remained subdued this week as prices rallied to a three-and-a-half-month high, keeping retail buyers away from the market.Gold prices hit 3-1/2-month highs on Thursday and were on track for a fourth straight weekly gain. Spot gold was down 0.36 percent at $1,318.12 per ounce at 0859 GMT on Friday.In top consumer China, premiums d...Read More

The numbers: The Institute for Supply Management's nonmanufacturing index sank 1.5 points to 55.9% in December. What happened: ISM's services gauge tracks activity in the economy that's not related to manufacturing. It's decelerated each month since October, when it touched a 12-year high. Any reading over 50% indicates improving conditions. As ISM put it, "the majority of respondents' commen...Read More

The shares of NVIDIA Corporation (NASDAQ:NVDA) have started 2018 with a bang, on pace for their best week since September, as chip stocks have rallied in the face of Intel's (INTC) recent security issues. Specifically, NVDA stock is set to notch a weekly gain of 9.6%, and is trading within a chip-shot of November's all-time highs. Nevertheless, Nvidia options are practically on sale right now.The...Read More

Like many retail stocks, auto parts suppliers AutoZone, Inc. (NYSE: AZO), Advance Auto Parts, Inc. (NYSE:AAP), and O'Reilly Automotive Inc (NASDAQ:ORLY) disappointed in 2017, with all three stocks touching multi-year lows. But more recently this group has outperformed. In fact, AZO, AAP, and ORLY have each beat out the performance of the S&P 500 Index (SPX) over the past two months -- and quite ea...Read More

The extent of the damage due to security flaws in Intel (NASDAQ:INTC) chips took a drastic turn last night when Apple Inc. (NASDAQ:AAPL) confirmed that all of its Mac and iOS devices -- including the iPhone and iPad -- were impacted by the Meltdown and Spectre bugs. However, Apple said that there were currently "no known exploits" and that it has already issued software updates for MacOS, iOS, and...Read More

Echoing the Dow's hot start to 2018, two blue-chip tech stocks are buzzingafter receiving some bullish analyst attention. This morning, Dow components Cisco Systems, Inc. (NASDAQ:CSCO) and United Technologies Corporation (NYSE:UTX) both received upgrades and price-target hikes, and have already notched fresh multi-year highs. Further, both CSCO and UTX stocks are set for their best week in month...Read More

Peru's Ministry of Energy and Mines released its most recent statistical report, which highlights that November was one of the best months in 2016 when it comes to investments in the mining sector. According to the deputy minister Ricardo Lab??, investments grew by 54.8% compared to the same month of 2016 and reached $515 million. The overall growth in investments from January to November 2017 was...Read More

Peru's Ministry of Energy and Mines released its most recent statistical report, which highlights that November was one of the best months in 2016 when it comes to investments in the mining sector. According to the deputy minister Ricardo Lab??, investments grew by 54.8% compared to the same month of 2016 and reached $515 million. The overall growth in investments from January to November 2017 was...Read More