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

U.S. stocks are trading mixed this morning, with investors still concerned over the possibility of delayed corporate tax cuts. Among the stocks making moves today are online classifieds platform 58.com Inc (NYSE:WUBA), online direct sales company JD.com Inc (NASDAQ:JD), and toy manufacturer Mattel, Inc. (NASDAQ:MAT). Here's a closer look at what's moving shares of WUBA, JD, and MAT.WUBA Touches F...Read More

Analysts are weighing in on global delivery service FedEx Corporation (NYSE:FDX), digital credit provider Qudian Inc (NYSE:QD), and drug stock Nektar Therapeutics (NASDAQ:NKTR). Here's a quick roundup of today's bullish brokerage notes on shares of FDX, QD, and NKTR.Goldman Starts FedEx Stock With a "Buy" RatingFedEx stock is up 0.5% to trade at $219.17, after Goldman Sachs initiated coverage on t...Read More

Analysts are weighing in on drugmaker Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA), molecular diagnostics concern EXACT Sciences Corporation (NASDAQ:EXAS), as well as scandalized credit services provider Equifax Inc. (NYSE:EFX). Here's a quick roundup of today's bearish brokerage notes on TEVA, EXAS, EFX stocks.Analysts: No Clear Recovery for TEVATeva Pharmaceutical stock was downgraded t...Read More

Dow Jones Industrial Average (DJIA) futures are pointedlower this morning, after the index snapped an eight-week winning streak on Friday. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also lower, as concerns continue to linger over a possible delay in corporate tax cuts. However, General Electric (GE) stock is keeping the Dow's pre-market losses in check, after the conglomerate ann...Read More

We started last week without much hoopla, and it seemed as if the calm U.S. equity market would continue trudging along. But on Thursday, stocks experienced an uncommon move downward, and the S&P 500 Index (SPX - 2,582.30) dipped below its 20-day moving average for just the second time in the past two months. Despite this uncharacteristic short-term drop, the index finished the week just slightly...Read More

From time to time, I’ve been asked by readers about starting up a paid newsletter subscription… Back then, it was probably to discuss Real Estate Investing (REI), but I’m guessing these days, the bulk of the readers who still follow this site want more information on mining stocks…Quite frankly, it’s very flattering everytime I get asked that because deep down I feel...Read More

223 years ago today, “The Dreadful Night” occurred in Western Pennsylvania, after an uprising called The Whiskey Rebellion.The United States was brand new. Soldiers who had fought for independence from Great Britain found themselves on opposite sides of a skirmish. Some were having their rights violated practically before the ink was dry on the Bill of Rights. Other Veterans of the Rev...Read More

223 years ago today, “The Dreadful Night” occurred in Western Pennsylvania, after an uprising called The Whiskey Rebellion.The United States was brand new. Soldiers who had fought for independence from Great Britain found themselves on opposite sides of a skirmish. Some were having their rights violated practically before the ink was dry on the Bill of Rights. Other Veterans of the Rev...Read More

Well, tax-loss selling is basically upon us, and right now a great fear for many mining stocks investors (particularly those dabbling in the North American markets) is that there will be a steep decline and sell-off event! As if this year wasn’t already painful enough for many of these stocks, we’ve now got to brace ourselves for yet another potential headwind!As someone who has been i...Read More

It was another down day for U.S. stocks, with the Dow Jones Industrial Average (DJIA) and S&P 500 Index (SPX) closing lower to break eight-week win streaks -- their longest in four years. Today's downside came following a round of disappointing retail earnings, and despite a post-earnings pop from Disney (DIS). Although the Nasdaq Composite (IXIC) managed to eke out a small win thanks to strong...Read More

Stocks were stuck in neutral at the start of the week, as Wall Street digested a slew of M&A developments. The Dow Jones Industrial Average (DJIA), Nasdaq Composite (IXIC), and S&P 500 Index (SPX) managed to notch fresh record highs nonetheless, with the Dow extending its daily win streak to seven on Wednesday, thanks in part to a sharp rise in oil prices. However, worry began to creep into the ma...Read More

Stocks are trading mixed this afternoon, amid concerns about the Senate's tax plan. Among the stocks making big movesare telecom Frontier Communications Corp (NASDAQ:FTR), specialized manufacturer Esterline Technologies Corporation (NYSE:ESL), and pharmaceutical concern Puma Biotechnology Inc (NASDAQ:PBYI). Here's a quick look at what's moving shares of FTR, ESL, and PBYI.FTR Among Worst of Nasd...Read More

Shares of JD.com, Inc. (NASDAQ:JD) could be in for a volatile week of trading in the wake of sector peer Alibaba's (BABA) Singles Day extravaganza. The world's largest shopping day of the year is currently underway, with Alibaba saying sales hit $5 billion in the first 15 minutes of this year's event. Plus, the Chinese e-commerce issue is scheduled to report third-quarter earnings before the marke...Read More

The shares of red-hot Netflix, Inc. (NASDAQ:NFLX) are taking a breather today, after Walt Disney(DIS) CEO Bob Iger said building a streaming content service is the blue chip's "highest priority this year." Further, Iger said Disney's service will be "substantially" less than that of Netflix, which upped its fees for the first time on Oct. 5, sending NFLX shares soaring. However, today's pullback c...Read More

Amazon.com, Inc. (NASDAQ:AMZN), fresh off an earnings victory two weeks ago, reported yesterday that pop-up shops would be appearing at select Whole Foods Stores during the holidays. The e-commerce giant will be facing a fierce battle this Black Friday, as brick-and-mortar retail stores such as Walmart (WMT) and Best Buy (BBY) attempt to get a head-start on sales this season. Meanwhile, a couple...Read More

Retail stocks are making headlines today, with Nordstrom (JWN), Foot Locker (FL), and Finish Line (FINL) trading lower after garnering bearish analyst notes. Next Friday, traders will digest third-quarter earnings from sector peer Abercrombie & Fitch Co. (NYSE:ANF). Here's a closer look at what traders are expecting from the shares ahead of earnings.Since touching a 17-year low of $8.81 on July...Read More

Stocks are lower for the second straight day, as fears surrounding the Senate's tax plan continue to hover over markets. More specifically, investors are discouraged by reports of a delay to corporate tax cuts. The Dow Jones Industrial Average (DJIA) is pacing for its first weekly decline in nine weeks, though Disney (DIS) stock's post-earnings pop is keeping the losses in check. The S&P 500 Index...Read More

On Small Cap Power, Paul Antoniadis, CEO and Director of good natured Products Inc. discusses their recent re-branding strategy and how its disrupting the multi-billion dollar petro-chemical plastics market."This is a really unique opportunity and there's a growing trend with no indication that it's going to stop. Consumers are going to turn to more disposable, eco-friendly and renewable products....Read More

Drugstore stocks are trading higher today, as rumors swirl that Amazon (AMZN) will not not be entering the pharmacy business. CVS Health Corp (NYSE:CVS) and Walgreens Boots Alliance Inc (NASDAQ:WBA) are among those moving higher, and call traders are blasting both stocks' options pits -- betting on even more upside through tonight's close.Today's Pop Marks a Change of Pace for CVS StockCVS, for in...Read More

Bank stocks have been surging since President Donald Trump's unexpected victory during last November's U.S. election. Underscoring this positive momentum is the price action in the Financial Select Sector SPDR Fund (XLF), up 21% year-over-year. On Thursday, the shares pulled back as speculation swirled over Senate Republicans' tax reform plan -- settling down 0.3% at $26.16 -- and prompting one op...Read More