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

Is this how capitalism dies? Through decrees from what once were the ivory towers of capitalism, no less?The Fed is now up to $6 trillion of liquidity, or free money in the sense that it is taking over the role of large banks at 0% interest.Go global and we're approaching $20 trillion of central bank pledges and action.None of the questions that tempered the start of QE are being raised.There is v...Read More

Gold a hit a new seven-year high Monday, with bullion stocks moving sharply higher as U.S. futures briefly topped US$1,770 per ounce.Read full newsRead More

Gold a hit a new seven-year high Monday, with bullion stocks moving sharply higher as U.S. futures briefly topped US$1,770 per ounce.Read full newsRead More

Christmas of 2019 I had advised to invest in gold and silver for Easter of 2020. Now I am asking to invest in gold and silver this Easter for Christmas of 2020. Overall gold and silver will continue to rise till Christmas. Even if the corona virus pandemic gets over and a vaccine is found (before Christmas of 2020), gold and silver will continue to rise. There is an over $40 price difference bet...Read More

Christmas of 2019 I had advised to invest in gold and silver for Easter of 2020. Now I am asking to invest in gold and silver this Easter for Christmas of 2020. Overall gold and silver will continue to rise till Christmas. Even if the corona virus pandemic gets over and a vaccine is found (before Christmas of 2020), gold and silver will continue to rise. There is an over $40 price difference bet...Read More

The Dow started the week down over 300 pointsThe Dowfinished the day down over 300 points, extending its middaylows as blue-chip Caterpillar (CAT) weighed heavy. The S&P 500 also finished the day in the red, as investors grew wary of the impending start to earnings season, and the Organization of the Petroleum Exporting Countries+ (OPEC+)'s decision to cut oil production over the weekend. Tech-h...Read More

The equity's 160-day moving average has meant more downside in the past Chemical product manufacturer Olin Corporation (NYSE:OLN) is pivoting lower today, down 4.1% at $14.48, right on the heels of a six-day win streak, culminating in a one-month high just north of the $15 region, which served as support for OLN prior to its early March bear gap. It's not just the $15 level keeping the shares of O...Read More

Bank of America is expected to post its first-quarter earnings later this weekWith a first-quarter earnings report due out before the open on Wednesday, April 15, the shares of Bank of America Corp (NYSE:BAC) are falling back, down 4.1% at $23.83 today after running out of steam at their 40-day moving average, which is also home to BAC's pre-bear gap lows near the $25 region. Below, we'll take a...Read More

DAL has shed more than 60% in 2020The20 stocks listed in the table below have attracted the highest weekly options volume during the past 10 trading days, with data courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Stocks highlighted in yellow are new to the list. One name that sticks out is Delta Air Lines, Inc. (NYSE:DAL), not too much of a surprise given the current near-halt in...Read More

Dr. Anthony Fauci says COVID-19 infections in the U.S. seem to be slowingThe Dow Jones Industrial Average (DJI) is beginning the week with a sharp loss, down nearly 500 points at midday. Today's fall comes as investors process the historic oil production cut from the Organization of the Petroleum Exporting Countries+ (OPEC+) meeting over the weekend. Last week, the U.S. stock market turned in o...Read More

Amazon is putting new grocery delivery requests on a wait list as demand skyrockets Amazon.com, Inc. (NASDAQ:AMZN), is up 1.5% at $2,073.47 amid news that the e-commerce giant will create a wait list for new shoppers trying to use their online grocery delivery service, as more customers turn to such services due to coronavirus-related lockdowns. Amazon also said it will adjust hours in some of its...Read More

Disney is furloughing 43,000 workersWalt Disney Co (NYSE:DIS) is down 2% to trade at $102.38 at last check, despite receiving a $2 target price raise by Guggenheim to $100. Meanwhile, the worldwide entertainment company is furloughing 43,000 workers, effective April 19, after closing resorts last month due to the coronavirus pandemic. Taking a look at the charts, Disney stock just breached famili...Read More

Credit Suisse upgraded Dunkin Brands to "outperform" from "underperform" Dunkin Brands Group Inc (NASDAQ:DNKN) is unable to extend last week's rally this morning, down 0.6% at $57.64, despite Credit Suisse issuing a double-upgrade to the doughnut specialist to "outperform" from "underperform." The analyst also cut its price target to $67 from $73, but added that the company's business model is one...Read More

Coronavirus cases in the U.S. are now the most in the worldFresh off the Easter holiday, Dow Jones Industrial Average (DJI) futures are poised to drop this morning. On the forefront of investor minds is the conclusion of the Organization of the Petroleum Exporting Countries+ (OPEC+) meeting, where a deal was reached with allies on a global output cut of 9.7 million barrels a day, effective in May....Read More

For example, the VIX's 50 area marked peaks on multiple occasions since the late 1990's, with the one previous exception to last month being since October and November 2008. When the 50 area was taken out in 2008 and last month, it signaled more damage to come. Bulls hope that last week's move back below the 50 area last week signals that the worst is over, or at least near over. However, there...Read More

Halifax, Nova Scotia- April 13, 2020 - Sona Nanotech Inc. (CSE: SONA) (OTC PINK: SNANF) (the "Company") is pleased to provide an update on the development, manufacturing arrangements and pre-orders for its Covid-19 antigen test. The Company this past week has:Progressed from feasibility and prototype testing to the optimization stage for its Covid-19 antigen rapid response test;Commenced work wi...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") announces it has won an initial $600k contract for its rugged Push-to-Talk (PTT) devices to supply hospitals, healthcare workers and ambulances to help manage the battle against COVID-19.The Siyata devices are running third party Command & Control software which allows medical units to speak to entire...Read More

Okechukwu Nnodim, AbujaThe construction of Nigeria's only large-scale commercial gold mine has begun in Osun State and the facility will start producing gold in 2021.According to the Federal Mi...Read full newsRead More

Share this articleYELLOWKNIFE - Northern miners say the federal government's wage subsidy program to get the country through the COVID-19 pandemic leaves them out in the cold.Tom Hoefer of the Northwest Territories and Nunavut Chamber of Mines says the program doesn't work for the mining industry.He says miners have been flying local workers home to their remote communities and using chartered pla...Read More

(IDEX Online) - Petra Diamonds saw prices for its rough stones fall 27 per cent in February, compared with the same month last year, as coronavirus brought its mining operations to a halt. The UK-listed firm has put its Williamson mine in Tanzania on care and maintenance from the middle of April, and government lockdowns on its Finsch, Cullinan and Koffiefontein mines in South Africa will be revie...Read More