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
Analysts are weighing in on Dow drug stock Pfizer Inc. (NYSE:PFE), software giant Adobe Systems Incorporated (NASDAQ:ADBE), and sports retailer Hibbett Sports, Inc. (NASDAQ:HIBB). Here's a quick roundup of today's bullish brokerage notes on shares of PFE, ADBE, and HIBB. Morgan Stanley Shares Optimistic Outlook for PFE StockPfizer received an upgrade to "overweight" from "equal weight" at Morgan S...Read More
Analysts are weighing in on retailers L Brands Inc (NYSE:LB) and Bed Bath & Beyond Inc. (NASDAQ:BBBY), as well as Dow stock 3M Co (NYSE:MMM). Here's a quick roundup of today's bearish brokerage notes on shares of LB, BBBY, and MMM.Cowen Downgrades L Brands on Competition WorriesL Brands stock is down 5.1% to trade at $37.22, after Cowen and Company downgraded the retailer to "market perform" fr...Read More
Stocks are searching for direction out of the gate this morning ahead of the Fed's afternoon policy announcement. Among specific stocks in focus today are e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN), delivery concern FedEx Corporation (NYSE:FDX), and biopharmaceutical company Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY). Here's a closer look at what's moving shares of AMZN, FDX, and ALNY. A...Read More
After posting its sixth straight record close and eighth consecutive win on Tuesday, Dow Jones Industrial Average (DJIA) futures are just barely above fair value this morning as traders await the outcome of the Federal Open Market Committee's (FOMC) two-day policy meeting. While the central bank isn't expected to lift interest rates until December, investors will be looking for details on how it p...Read More
I wrote about window dressing last quarter, but the topic merits a closer look now. The third quarter has often been the best quarter to take advantage of window dressing, whichis when fund managers buy the hottest stocks near the end of the quarter and sell off the stocks that have been performing poorly. They do this because the fund holdings are disclosed at the end of the quarter, so anyone de...Read More
See latest Dominion Diamond news and how it competes against competitor Pangolin and other companies in its sector: BRIEF-Dominion Diamond shareholders approve takeoverRead full newsRead More
See latest Dominion Diamond news and how it competes against competitor Pangolin and other companies in its sector: BRIEF-Dominion Diamond shareholders approve takeoverRead full newsRead More
See latest Rio Tinto news and how it competes against competitor Vale and other companies in its sector: Rio Tinto is a 'long, vocal' fair trade supporter, executive saysRead full newsRead More
See latest Kinross news and how it competes against competitor Barrick Gold and other companies in its sector: Kinross provides updated Round Mountain mineral reserve and resource estimatesRead full newsRead More
See latest INEOS news and how it competes against competitor Huntsman and other companies in its sector: Tycoon says he needs subsidy to build Land Rover Defender successor in UKRead full newsRead More
See latest Lonmin news and how it competes against competitor Anglo American and other companies in its sector: Labour tensions rise as SA mining takes job cuts through 23,000Read full newsRead More
See latest Newmont Mining news and how it competes against competitor Freeport-McMoRan and other companies in its sector: Peru farmer sues miner Newmont in U.S. court over alleged abuseRead full newsRead More
It was yet another positive session for U.S. stocks, as traders focused on the beginning of the Federal Open Market Committee's (FOMC) September meeting. The central bank isn't expected to lift interest rates until December, but could detail plans to unwind its massive balance sheet. The Dow Jones Industrial Average (DJIA) enjoyed a sixth straight record close, and ended higher for the eighth da...Read More
See latest Belzona news and how it competes against competitor ENECON and other companies in its sector: In Action: Repairing Failed Expansion Joints in HealthcareRead full newsRead More
See latest INEOS news and how it competes against competitor Huntsman and other companies in its sector: Billionaire plans to manufacture a copy of Land Rover DefenderRead full newsRead More
See latest Canadian Metals news and information about its competitors and other companies in its sector: BRIEF-Luigi Nardella joins Canadian Metals board of directorsRead full newsRead More
See latest AT&F news and how it competes against competitor QUADNA and other companies in its sector: How Hybrid Laser Welding is making Cranes StrongerRead full newsRead More
See latest Bearing news and information about its competitors and other companies in its sector: Bearing Lithium : Appoints Maricunga Founder Luis S?? 1/2 enz to the Board of DirectorsRead full newsRead More
See latest Platts news and how it competes against competitor MetalPrices and other companies in its sector: September Basrah Light imports at LOOP rebound from August hiatus: In the LOOPRead full newsRead More
U.S. stocks are trading higher this afternoon, with the Dow set to extend its winning streak to eight sessions -- the longest since early August. Among the names in the spotlight today are telecom stock Sprint Corp (NYSE:S), electronics retailer Best Buy Co Inc (NYSE:BBY), and clothing company Gap Inc (NYSE:GPS). Here's a quick look at what is moving shares of S, BBY, and GPS.Sprint Stock So...Read More