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
All three benchmarks finished with double-digit monthly lossesThe Dow closed out March with a steep loss today, giving back triple-digit midday gains to finish 410 points lower. The blue-chip index locked up steepest quarterly drop in its 124-year history. The S&P and Nasdaq both joined the Dow in the red today, with bank stocks among the notable laggards. All three indexes locked up March with d...Read More
Asterion Cannabis Inc has entered into an exclusive Definitive Association Agreement to finalize development, construction, maintenance and financing for the first ($400 million) phase of its facilities.Read full newsRead More
So far, most cases on the U.S. West Coast are linked to a strain first identified in Washington state.Read full newsRead More
The rapid development of AD represents 'enlightened self-interest' on climate change and coronaviruses There is a causal relationship between climate chaRead full newsRead More
Tuesday saw gold explorer ECR Minerals (LSE:ECR) report a " number of expressions of interest " in its portfolio of Australia assets amid the outbreak of C...Read full newsRead More
Adamera Minerals Corp. (TSXV:ADZ, OTC:DDNFF) provides an update on its upcoming exploration program.Read full newsRead More
Amex Exploration Inc. is providing an update on its operations with respect to the COVID 19 pandemic.Read full newsRead More
Renforth Resources Inc. (CSE:RFR) would like to inform shareholders that initial test metallic screening at Parbec has returned higher coarse gold values in each sample tested.Read full newsRead More
DocuSign is finishing the month out strong, and options players are paying attentionWhile a large portion of the broad market is still struggling to recuperate from this month's violent selloff, DocuSign Inc (NASDAQ:DOCU) has recovered from its mid-March plummet and then some. In fact, the equity broke through recent pressure at the $90 region to nab a new all-time high of $98.38 earlier today, an...Read More
Northstar Gold Corp. (CSE:NSG) announces that the Company has closed its previously announced non-brokered private placement.Read full newsRead More
Mining operations in the Philippines' southern province of Surigao del Norte, home to most of the country's nickel mines, will be suspended from April 1 as part of efforts to prevent the spread of the coronavirus, two mining companies said on Tuesday.Read full newsRead More
Halifax, Nova Scotia- March 30, 2020 - Sona Nanotech Inc. (CSE: SONA), (OTC Pink: SNANF) (the "Company") entered into service and supply agreements with a contract manufacturing organization (CMO) in Europe for the manufacture of its Covid-19 virus-detecting, rapid-response test. The Company also entered into a letter of intent agreement with an international distributor representing the health au...Read More
Major Indexes are in the black middayThe Dow Jones Industrial Average (DJI) is fighting toward a close in positive territory, in what's on track to be its worst quarter ever. The blue chip is fending off this morning's triple-digit drop before the bell, while both the Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are also modestly in the black. Some traders speculate on a buying boost due to t...Read More
Sea is experiencing growth as consumers resort to online buyingE-commerce developer Sea Ltd. (NYSE:SE) is no stranger to the volatile broad market, but the equity has several layers of support in place that have helped push it higher during the past few months. A recent pullback was captured by SE's 200-day moving average. In fact, SE has been a major outperformer, boasting a year-to-date gain of...Read More
Companies having to report in the current financial situation find themselves in uncharted waters. While Red Rock Resources (LSE:RRR) is no exception, the...Read full newsRead More
Amarin just lost a major U.S. patent lawsuit for its heart drug Vascepa On the charts, things are looking pretty bleak for Amarin Corporation plc (NASDAQ:AMRN) right now. The equity is down 68.4% at $4.29 during its first hour of trading -- on pace for its worst day in over 2 years -- after the biotech company lost a major U.S. patent lawsuit for its heart drug Vascepa, with Amarin initially claim...Read More
J.P. Morgan Securities and Cowen and Company cut their price targetsRH (NYSE: RH), formerly known as Restoration Hardware, is down 11.8% to trade at $104 this morning. The company reported fourth-quarter profits of $3.72 per share, higher than Wall Street's estimated $3.59 per share. Despite this, the revenue announced by the retailer was lower than anticipated, coming in at $664.98 million, the f...Read More
Lack of consumer spending is leading to V's projected low revenue growthAs the coronavirus pandemicwreaks havoc on the global economy, Visa Inc (NYSE:V) announced its transaction volumes have taken a major hit, as consumer spending falls off sharply. Additionally, the company forecastsingle-digit percentage revenue growth for the second quarter, which prompted price-target cuts from Instinet and S...Read More
The blue chip index is looking at it's worst first quarter on record, too It's not looking good for Dow Jones Industrial Average (DJI) futures this morning, which are eyeing a triple-digit drop coming into today's trading. Not only that, the blue-chip index is pacing for its worst first quarter ever, down roughly 21.8% coming into today. Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report additional assay results from the winter 2020 drilling program at the Hurricane zone. The Hurricane zone is a new discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figure 1).Highlights:Assays received...Read More