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

NorthWestern Corporation (NASDAQ:NASDAQ:NWE) Q4 2022 Earnings Conference Call February 17, 2023 3:30 AM ETCompany ParticipantsTravis Meyer - Director of Corporate Finance and IR...Read full newsRead More

Telecom Italia S.p.A. (OTCPK:TIIAY) Q4 2022 Earnings Conference Call February 15, 2023 5:00 AM ETCompany ParticipantsManuela Carra - Head-Investor RelationsPietro Labriola - Chief Executive...Read full newsRead More

Perimeter Solutions experienced an ~50% drawdown since we made our initial investment. Click here for our brief investment thesis on PRM stock.Read full newsRead More

Bitfarms has shed an enormous amount of debt, plus it is a top 5 producer by exahash capacity and a top 2 producer by breakeven cost. Find out why BITF stock is a buy.Read full newsRead More

The Grayscale Ethereum Trust is trading at a 55% discount to net asset value. Find out why now looks like a good time to invest in ETHE.Read full newsRead More

March-April 2022, UBS, Kiplinger, and Barron's analysts and reporters combined to list five sets of stocks sorted as: "Inflation Busters." Click here for our lists.Read full newsRead More

Warren Buffett advises us to ignore the "prophets of doom." See two stocks that can yield 7% in a myopic market.Read full newsRead More

Aeris' rapid growth story - from holding a single copper mine to becoming a mid-tier producer - has dovetailed neatly with copper supply constraints and the forecast surging demand for the metal integral to the global energy transition.Less than three years ago, the company had the Tritton copper operations in New South Wales and a market capitalisation of A$10 million, executive chairman Andre La...Read More

(IDEX Online) - Tensions between India's two biggest diamond-buying nations - China and the USA - could make matters even worse for Surat's 4,000 manufacturing units, following the "balloon incident".Many are already working at just 60 per cent capacity, with staff paid only for the days they work, and an estimated 20,000 laid off altogether as orders dry up."We do not know how the geopo...Read More

After Commander-in-Chief (ahem) "Joe Biden" demonstrated our ability to shoot down a Chinese spy balloon leisurely wandering the jet stream clear across North America, he loosed the Air Force on every other menacing aerial object hovering in our sovereign skies and... Ira Tonitrus... mission accomplished!"American officials do not know what the objects were, much less their purpose or who sent the...Read More

Hannon Armstrong posted solid results in 2022 with EPS growth of 11% YoY. HASI remains on track to hit 2024 guidance. Click here to read more.Read full newsRead More

Marathon Petroleum Corporation has a strong projects pipeline focused on growth, with a balance of traditional and low-carbon projects. Click for our review of MPC stock.Read full newsRead More

The decline in investor interest in iShares TIPS Bond ETF likely reflects the widespread view that CPI is set to continue falling. Click for more on the TIP ETF.Read full newsRead More

Brookfield Asset Management is attractive due to the expected 15-20% annual growth in fee-related earnings, ample and growing dividends. Click for more on BAM and BN.Read full newsRead More

Tattooed Chef is a company that specializes in plant-based food production and sales. Find out why we rate TTCF stock a strong sell.Read full newsRead More

We take a look at the action in business development companies through the second week of February and highlight some of the key themes we are watching. Click for more.Read full newsRead More

Agnico Eagle Mines posted net income of $205.01 million in 4Q22 or $0.45 per diluted share vs. $79.64 million or $0.17 in 3Q22. Click for our review of AEM earnings.Read full newsRead More

Dry powder is no longer losing proposition to inflation. And with elevated valuations on the SPX, cash sports a high hurdle rate for equities. Read more here.Read full newsRead More

Royce Value Trust provides an alternative to risk-on investors that have lost faith in growth stocks after Tuesday's CPI report. Read for our review of RVT.Read full newsRead More

Companies and markets are still digesting the uncertainties that were unleashed in 2022. Read more here.Read full newsRead More