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
Guild Holdings was founded in 1960 and has operated as a mortgage originator and servicer through many cycles. Read why GHLD stock is a Strong Buy.Read full newsRead More
Black Bear Value Fund returned +0.8%, net, in March and is +2.9%, net, YTD. Click here to read the full fund letter.Read full newsRead More
Monro's recent guidance includes gross margin appreciation thanks to opportunistic pricing actions and product mix. See why I think MNRO stock is undervalued.Read full newsRead More
Skillsoft Corp. (NYSE:NYSE:SKIL) Q4 2022 Earnings Conference Call April 12, 2023 5:00 AM ETCompany ParticipantsChad Lyne - Head of Investor RelationsJeff Tarr - Chief Executive OfficerRich...Read full newsRead More
GoviEx edges closer to productionSPONSOREDgoviex uraniumCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesRobertson was born in 1943 in Pretoria, South Africa, where he was exposed to mining from a very young age.Read More
Gold was one of the first metals used by human beings.For thousands of years, we've used the yellow metal for everything from money to medicine to electronics to space exploration.And the demand for the most precious of metals has only increased in recent years, particularly in emerging markets like China and India.At the same time, however, the supply of gold appears to be dwindling.Peak Gold?The...Read More
The world has changed radically in recent years. We've had the worst pandemic since 1918, and the third worst in world history. We've had a global supply chain breakdown. Inflation has been the worst since the early 1980s, despite the fact that it's come down since peaking last June.Meanwhile, Europe is experiencing its worst war since the end of World War II.That kinetic war in Ukraine has been a...Read More
Reports CNBC:Inflation cooled in March as the Federal Reserve's interest rate increases showed more impact, the Labor Department reported Wednesday.The consumer price index, a widely followed measure of the costs for goods and services in the U.S. economy, rose 0.1% for the month against a Dow Jones estimate for 0.2%, and 5% from a year ago versus the estimate of 5.1%.Just so. Yet we would remind...Read More
Look beyond market approach to project valuations: van ZylLeadershipGoviEx edges closer to productionSPONSOREDgoviex uraniumCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesAfter closing, the company may complete a non-brokered private placement of 2.9 million shares on the same terms to allow some shareholders to...Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesSamia succeeded late President John Magufuli in March 2021, leading to increased confidence among some miners.Read More
After closing, the company may complete a non-brokered private placement of 2.9 million shares on the same terms to allow some shareholders to exercise their pre-emptive rights.Read More
Harita's president director Roy A Arfandy said the IPO received a "very positive" response from the market, with the company's shares being oversubscribed. Having initially offered 7.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelIt would be the first category 4 storm to hit the Western Australian coast in a decade. "Ilsa is intensifying and is expected to become a severe tropical cyclone today.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesHarita's president director Roy A Arfandy said the IPO received a "very positive" response from the market, with the company's shares being oversubscribed. Having initially offered 7.Read More
The pre-legislative consultation was established in Executive Decree 604 issued in November 2022 by president Guillermo Lasso as part of the issuance of the normative acts, which establish thatRead More
SoundHound AI, Inc. has openings in the automotive and restaurant verticals. However, a restructuring and growth rate are yellow flags. Click for more on SOUN.Read full newsRead More
United States Natural Gas Fund, LP ETF provides exposure to short-term natural gas swings. Click to see if now is the time to pick up the UNG ETF for a trade.Read full newsRead More
Zions' valuation is dirt cheap - barely half of book value and only 5x expected '23 EPS. Its interest rate risk is actually a strength. Click here to read more.Read full newsRead More
Valero Energy is a leading refiner with strategic locations, a strong focus on renewable diesel, and refinery complexity. Click for our VLO stock review.Read full newsRead More
Diversified Energy Company PLC is a US onshore natural gas producer that follows a high-volume growth strategy. Click here to see our take on DECPF stock.Read full newsRead More