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

LONDON, Dec 22 (Reuters) - A little bit of metals history was recorded on March 29 this year.The small Central American country of El Salvador became the first nation to ban all exploration, mining and processing of metals.Don't worry if you didn't notice. El Salvador doesn't have any operating mines. It was going to have a gold mine, but in a public debate pitting economic growth against clean wa...Read More

Brokerage firm SunTrust Robinson weighed in bullishly on the restaurant sector today, saying it expects tax reform to provide tailwinds for the group. Included in the note was a price-target hike for burger chain Shake Shack Inc (NYSE:SHAK) to $60 from $50. SHAK stock has added 7.6% as a result to trade at $47.01, earlier hitting a two-year high of $47.39. However, options traders are seemingly b...Read More

Corning Incorporated (NYSE:GLW) has started 2018 off hot, up almost 4% already, and touching a nearly 17-year high of $33.10 earlier today. It appears this rally might have legs, too, with the iPhone glass manufacturer sending up a buy signal to short-term options traders right now.At last check, Corning stock was trading near its session highs -- up 1.9% at $33.22. The equity has tacked on an imp...Read More

Gold rose for a ninth consecutive session Wednesday, settling at its highest since the middle of September, with haven demand for the precious metal supporting prices even as a bruised dollar strengthened. Prices, however, retreated in electronic trading after the release of minutes from the U.S. Federal Reserve's December monetary policy meeting. February gold GCG8, -0.64% rose $2.40, or 0.2%, t...Read More

As the U.S. stock market carves out record highs, several individual equities are making big moves on high-profile collaborative partnerships. Two such names are former smartphone maker BlackBerry Ltd (NYSE:BB) and gene therapy specialist Sangamo Therapeutics Inc (NASDAQ:SGMO). Here's a closer look at what has shares of BB and SGMO gapping higher today.BlackBerry Shorts Could Continue CoveringBlac...Read More

A senior official in the United States Africa Command (AFRICOM) said that ISIS was likely plotting attacks on Libya's strategic oil crescent. In remarks to Asharq Al-Awsat, AFRICOM spokeswoman Robyn Mack said: "At the moment, we believe that the orRead full newsRead More

Almost 80 percent of battery-powered vehicles in the U.S. are leased, not owned.Read full newsRead More

Kaohsiung oil trader chartered tanker.A Kaohsiung oil trader was freed on bail Wednesday for forgery in the chartering of a tanker smuggling oil to North Korea.Read full newsRead More

Like the value of individual cryptocurrencies, the total market cap of the crypto market has spiked higher in recent months.Read full newsRead More

The U.S. stock market is pushing further into record-high territory today, despite some alarming tweets overnight from President Donald Trump. The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) have each touched all-time peaks, with the healthcare and tech sectors leading the charge once again. Plus, the Institute for Supply Management's (ISM) manufacturing i...Read More

Most OMC stocks, including IOC and HPCL, have under-performed BSE Oil & Gas index, in the three months ending DecemberRead full newsRead More

There's no stopping the palladium rally.Read full newsRead More

Chip stocks are hot today, with rivals of sector behemoth Intel (NASDAQ:INTC) catching a big boost from reports of a design flaw in Intel microprocessors produced over the last decade that compromises security. While INTC is down more than 3.7% -- and the biggest decliner on the Dow today -- primary rival Advanced Micro Devices, Inc. (NASDAQ:AMD) is soaring.AMD stock is up 7.2% at $11.77, and on t...Read More

FRANKFURT, Jan 3 (Reuters) - Germans are investing heavily in gold, Deutsche Boerse said on Wednesday, with holdings of a gold-backed security it offers rising almost 50 percent in 2017.Gold is seen as a safe haven for investors during times of uncertainty. Spot gold prices gained about 14 percent during 2017.Deutsche Boerse said its Xetra-Gold notes, which are backed by physical gold, rose in dem...Read More

Power management provider Eaton Corporation (NYSE:ETN) recently announced that it expects to incur a one-time expense between $90 and $110 million as a result of the new tax bill. The guidance was well-received, with ETN stock gapping higher on Friday. From a longer-term perspective, the shares surged an impressive 17.7% in 2017, and their recent low near $75 represents five times the 2009 low. Wh...Read More

Shares of MoneyGram International, Inc. (NASDAQ:MGI) gapped lower out of the gate this morning, down 9.3% at $12.07, after a U.S. government panel blocked the company's sale to China's Ant Financial. The $1.2 billion deal was scuttled by the Committee on Foreign Investment in the United States (CFIUS), reportedly over national security concerns -- though the committee declined to comment on the ru...Read More

Shares of Valeant Pharmaceuticals Intl Inc (NYSE:VRX) are trading up 4.5% at $22.76, after a U.S. court set a Jan. 16 hearing date for the drugmaker and Bill Ackman's Pershing Square Capital Management to discuss a proposed $290 million settlement between the two parties over an insider trading lawsuit. The accusations were made following Valeant's unsolicited bid for Allergan (AGN) in 2014, and t...Read More

Shares of Oracle Corporation (NYSE:ORCL) and IBM Corp. (NYSE:IBM) are trading higher this morning following bullish analyst updates. For ORCL stock, Morgan Stanley raised its rating to "overweight" from "equal weight," and lifted its price target to $57 from $50. IBM stock, meanwhile, was upgraded to "outperform" from "sector perform" at RBC, and its price target was moved up to $180 from $160. Di...Read More

After an initial jump shares in Solgold plc (LON, TSX:SOLG) were trading flat by lunchtime on Wednesday after the company, worth $865m on the Toronto stock exchange, released the maiden resource for the Alpala target at its massive Cascabel copper-gold project in northern Ecuador.The latest in a string of announcements from Ecuador, where the Brisbane-based company have completed 63,500m of dr...Read More

After an initial jump shares in Solgold plc (LON, TSX:SOLG) were trading flat by lunchtime on Wednesday after the company, worth $865m on the Toronto stock exchange, released the maiden resource for the Alpala target at its massive Cascabel copper-gold project in northern Ecuador.The latest in a string of announcements from Ecuador, where the Brisbane-based company have completed 63,500m of dr...Read More