Since 2008, U.S. stocks have absolutely crushed the rest of the world.The S&P 500 rose 592% over the 17 year period from July 2008 to July 2025. The MSCI world index (excluding the U.S.) was up 140%.And the MSCI emerging markets index was up just 92%.The chart below tells the story:Source: Charlie BilleloIt's been an incredible period of outperformance for American stocks. We've torched Europe...Read More
Magna Terra Minerals Inc. (MTT:TSXV; BRIOF:OTCPK) received a Buy rating from Atrium Research, following new soil and rock geochemical results from the Hughes Lake Trend at the company's 100% owned Humber Copper Cobalt Project in western Newfoundland. Read to see what the analyst is saying about this company. On November 18, 2025, Atrium Research analysts Ben Pirie and Nicholas Cortellucci, CFA,...Read More
Global Analyst Adrian Day reviews third-quarter results from several companies, including the major royalty companies, which were strong across the board. There are also some meaningful royalty purchases reported. Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) reported another strong quarter, boosted by the gold price, of course, but with production up; free cash flow was $1.2 billion, above expecta...Read More
Twenty-five years after its purchase, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) may be on the cusp of finding a partner for its KSM flagship project in British Columbia's Golden Triangle, the company's CEO said during a web call. Twenty-five years after Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) purchased its massive KSM flagship project in British Columbia's Golden Triangle, the company is movi...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Reported stocks: one small measure of the marketAre stocks really that low?How low will metal stocks go?For details on how your data is used and stored, see our Privacy Notice. Demand for mined commodities exceeded pre-pande...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.For details on how your data is used and stored, see our Privacy Notice. The refinery is located at Copper Cliff, near Sudbury, Ontario, and has good road and rail links. The plant was constructed in 1929-30 and is approxima...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Early 2022 has brought the most traumatic events in Kazakhstan’s 30 years of modern independence. Widespread protests and civil unrest led to unprecedented scenes of violence on the country’s streets. Especially...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Make smarter equity portfolio investments with bottom-up analysis and daily natural gas production estimates for leading producers.Download our product summaryAccess analysis of daily throughput estimates for pipelines, gas gathering...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.For details on how your data is used and stored, see our Privacy Notice. The road to zero carbon will see an extraordinary build out of low carbon electric vehicles (EVs) and renewable power generating capacity. And as the w...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This webinar is open to Wood Mackenzie clients with the following subscription ONLY:Asia Pacific Power ServiceAsia Pacific Renewables ServicePlease register with your business email if your company has access the subscription above. S...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.We stand at a pivotal moment for the metals that will be essential to the energy transition. Metals-intensive low-carbon electrification remains a significant demand driver for transition metals, but geopolitical tensions and a challe...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.In our latest metals and mining video, we use our Lens Metals & Mining data analytics platform to analyse the Anglo-Teck merger announced last month, with a focus on copper production, and walk you through our latest copper supply...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.In our latest metals and mining video, we use our Lens Metals & Mining data analytics platform to analyse the Anglo-Teck merger announced last month, with a focus on copper production, and walk you through our latest copper supply...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Both nickel and copper possess properties that give them a central role in the drive for a greener future. While demand from existing use cases will continue to grow steadily, electric vehicle (EV) and energy storage applications will...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The copper market is on the brink of transformation, driven by increasing demand for copper-intensive technologies and the urgent need for sustainable practices across the metals and mining industry.Our interactive copper infographic...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.For details on how your data is used and stored, see our Privacy Notice.CESCO Week, one of the mining industry's premier annual gatherings, is held every April in Santiago, Chile. Organised by the Center for Copper and Mining Studies...Read More
In 1929, just before the Great Crash, economist Irving Fisher famously said stock prices had reached, “what looks like a permanently high plateau”.Fisher was a raging bull, and his portfolio was leveraged to the hilt. The crash wiped out his entire fortune, and he was forced to borrow from wealthy relatives to pay his IRS bill.It'd be easy to scoff at his arrogance. But Fisher's view w...Read More
Ask any locomotive engineer. You definitely want to stop the train too soon versus too late.Or in other words, don't be this guy:Santa Fe locomotive overshoot, Los Angeles, January 1948. Courtesy martinturnbull.com.No question about it; we've had a good year in 2025. Gold, silver, platinum are up. Most other metals as well. Many miners are up, and many have seen spectacular gains. And while I don'...Read More
Silver Market About to Get Quite Heated.Read More
Gold & Silver Sniffing Out the Fed's Next Move.Read More