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

Although earnings season has all but wrapped up, there are still a few stragglers who have yet to step up to the plate. One such company is bargain retailer Dollar General Corp. (NYSE:DG), which reports earnings before the open tomorrow, and hopes to keep pace with its surging sector rival Dollar Tree (DLTR). Below, we will take a look at Dollar General's earnings history, and examine how analyst...Read More

U.S. stocks are trading just above breakeven this afternoon, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) attempting to shake off early losses. However, it's been a seesaw session thus far, as traders digest a stronger-than-expected ADP private payrolls report and another attempted rebound by tech stocks. Meanwhile, energy stocks are lower followi...Read More

Morgan Stanley downgraded healthcare stocks Henry Schein, Inc. (NASDAQ:HSIC) and Patterson Companies, Inc. (NASDAQ:PDCO) to "underweight" from "equal weight," citing risk from Amazon's (AMZN) entry into the pharmaceutical field, as well as expectations for a possible consolidation in the dental consumables market that could create headwinds. The bearish note has shares of HSIC and PDCO trading low...Read More

Square Inc (NYSE:SQ) stock is up 4.3% today at $39.21, thanks to news the company is expanding bitcoin services on its Cash app. SQ shares rallied to a record high near $50 last month after the payments processor initially announced customers could buy and sell bitcoin. While the security has pulled back from these highs, yesterday it took a sharp bounce off the closely watched 50-day moving avera...Read More

Shares of tech powerhouse Amazon.com, Inc. (NASDAQ:AMZN) are in focus today, as traders digest the online retail giant's partnership with Apple (AAPL) to include its Prime Video app on Apple TV. This news follows Tuesday's escalation in the Amazon-Google rivalry, which saw Google yank its YouTube content from Amazon's Echo Show and Fire TV platforms in retaliation for the lack of Google hardware...Read More

A little more than a month after delivering a a substantial third-quarter earnings beat, First Solar, Inc. (NASDAQ:FSLR) issued its fiscal 2018 outlook yesterday, sending the shares up 6.9% to close at $61.21. Upbeat analysts are chiming in, with the solar energy solutions provider seeing a flurry of price-target hikes today.Specifically, First Solar has received no fewer than four price-target...Read More

After closing last night at $60.93, shares of DaVita Inc (NYSE:DVA) are up nearly 9% in pre-market trading. UnitedHealth Group Inc (NYSE:UNH) said it is purchasing the kidney dialysis company's DaVita Medical Group in a $4.9 billion all-cash deal, and the primary care unit will become part of UNH's Optum division. This follows Monday's major healthcare merger announcement between CVS Health (CVS)...Read More

U.S. stock futures are signaling a lower open today, pointing to a fourth straight down day for the S&P 500 Index (SPX) and Nasdaq Composite (IXIC). Investors this morning are digesting the ADP private payrolls report, which topped expectations for November with 190,000 jobs added -- possibly providing a hint for traders ahead of Friday's nonfarm payrolls report. Still, the Dow Jones Industrial Av...Read More

Something strange happened last week as the S&P 500 Index (SPX) gained over 1.5%. The CBOE Volatility Index (VIX) spiked 18%. It's strange because those two indexes typically move in opposite directions. The VIX measures the implied volatility of S&P 500 options and it's often referred to as the market's "fear gauge." Stocks moving higher, like last week, would typically calm the fears of investor...Read More

Vancouver, BC - Graphite One Resources Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") is pleased to announce that it has completed a non?EUR?brokered private placement offering (the "Offering"), raising gross proceeds of CA$707,185. A significant portion of the placement is from Taiga Mining Company, Inc, an Alaskan, privately?EUR?held mining company with decades of experi...Read More

Don’t you hate when so much extra wealth is added to society, that the economy tanks?Wait, what?Yes, that is what The Daily Star says would happen if an asteroid made up of nickel and iron was harvested and brought back to Earth. They claim the asteroid’s materials are worth $10,000 quadrillion.This would be enough to cause the world's economy - worth $73.7 trillion - to collapse altog...Read More

Don’t you hate when so much extra wealth is added to society, that the economy tanks?Wait, what?Yes, that is what The Daily Star says would happen if an asteroid made up of nickel and iron was harvested and brought back to Earth. They claim the asteroid’s materials are worth $10,000 quadrillion.This would be enough to cause the world's economy - worth $73.7 trillion - to collapse altog...Read More

The Dow Jones Industrial Average (DJIA) finished lower today, surrendering more than 100 points, as blue-chip stock Walt Disney (DIS) slumped amid Twenty-First Century Fox (FOXA) buyout buzz. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also gave up early gains, suffering a third straight loss, as an early tech rebound lost steam. Looking ahead, the House tomorrow is expected to vote on a...Read More

It's been a rocky road for tech stocks recently, and semiconductors are no exception. While the tech sector is attempting to stage a rebound today, a handful of recently beat-up securities are trading at relative bargains, if history is any indicator. One such stock is KLA-Tencor Corp (NASDAQ:KLAC), which tends to rally in the month of December.After touching a record high of $110.01 in early Nove...Read More

U.S. stocks are slightly higher this afternoon. Among the names making big moves are homebuilder Toll Brothers Inc (NYSE:TOL), biotech Revance Therapeutics Inc (NASDAQ:RVNC), and pharma stock Collegium Pharmaceutical Inc (NASDAQ:COLL). Here's a quick look at what's moving shares of TOL, RVNC, and COLL. TOL Stock Pulls Back to 40-Day After Earnings Toll Brothers stock is falling today after the co...Read More

Shares of the SPDR S&P Homebuilders ETF (XHB) are trading lower today, after homebuilder Toll Brothers (TOL) reported disappointing fiscal fourth-quarter earnings and revenue. At last check, the exchange-traded fund (ETF) was down 1.3% at $43.58. The housing sector is likely to remain in focus in the near term, with the Fed expected to raise interest rates at next week's meeting and Republicans sc...Read More

Although earnings season has all but wrapped up, there are still a few stragglers who have yet to step up to the plate. One such company is athleisure retailer Lululemon Athletica inc. (NASDAQ:LULU), which reports earnings after the close tomorrow. Below, we will take a look at the yoga wear maker, and examine how options traders are analysts are playing LULU stock ahead of earnings. While LULU...Read More

Tech stocks have been in a rout following last week's bearish note at Morgan Stanley. For chip stock Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM), this has translated into an 8.7% drop from its Nov. 24 record high of $43.02. Nevertheless, shares of the Apple (AAPL) supplier are now trading near a trendline that has signaled buying opportunities in the past -- and coincides with another p...Read More

U.S. stocks are trading higher this afternoon, thanks to a much-needed rebound from tech stocks, and a slew of positive earnings data. While the Dow Jones Industrial Average (DJIA) and S&P 500 Index (SPX) are just above breakeven,the Nasdaq Composite (IXIC) is outperforming, attempting to bounce back from its steep two-day losing streak. Microsoft (MSFT) is currently leading the advancing Dow st...Read More

Shares of Alibaba Group Holding Ltd (NYSE:BABA) have shed roughly 20 points since hitting an all-time high of $191.75 on Nov. 22, last seen trading at $171.83. The stock is up 1.4% and there's reason to believe an even bigger bounce is on the way, given BABA's position on the charts. For instance, the equity's 14-day Relative Strength Index (RSI) settled at just 32 yesterday, right above oversold...Read More