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

Less than a week after agreements were signed and protesters lifted a blockade impeding trucks from bringing copper into the markets from MMG's Las Bambas, there are threats of a new rally just outside the mine.On Saturday, the president of the Nueva Fuerabamba community, Gregorio Rojas, told local media that he is willing to organize a new blockade if the government doesn't archive the criminal c...Read More

Zinke says his work won't constitute lobbyingRead full newsRead More

Zinke says his work won't constitute lobbyingRead full newsRead More

Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis. Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intellig...Read More

De Beers Group announced that Nancy Liu will become the new Forevermark CEO, stepping up from her current role as COO and taking over the day to day responsibility for the diamond brand. Stephen Lussier will continue to oversee the strategic role Forevermark plays within the Group's brand portfolio as Forevermark Chairman. "This is a moment of great opportunity for diamonds. As symbols of nature,...Read More

On April 23, the 13th OECD Forum on Responsible Mineral Supply Chains will take place in Paris, France. The World Diamond Council (WDC) will be an active participant at the event and during the event the Ad Hoc Committee of the Kimberley Process (KP) will also meet.In a blog, WDC Stephane Fischler emphasized the increasing importance of the OECD forum to the mineral extraction industry, noting tha...Read More

According to the South African publication the Sunday Telegraph, Anglo American, the parent company of the De Beers Group, has mobilized no less than three investment banks - Morgan Stanley, Goldman Sachs and Centerview - to help thwart a hostile takeover bid from the well-known mining tycoon Anil Agarwal. Agarwal currently holds 20 percent of Anglo American, by means of his holding comp...Read More

Jewelers Mutual Insurance Company has taken steps to modernize its corporate structure and become a mutual holding company, while retaining its long-term focus and dedication to its policyholders - and preserving its mutuality. This change allows Jewelers Mutual to preserve its core mutuality and membership control while operating under a more flexible structure that better enables it to operate i...Read More

Zinke says his work won't constitute lobbyingRead full newsRead More

Zinke says his work won't constitute lobbyingRead full newsRead More

A Montana district court has quashed a permit that would have allowed Canadian mining company Lucky Minerals Inc. to explore for gold in Emigrant Gulch just north of Yellowstone National Park. The ruling blocks exploratory drilling that was slated to begin on July 15, 2019, and is a significant victory in the multi-year effort to protect Yellowstone National Park from new mines surrounding the nat...Read More

It's no secret the rich tend to stay rich and the poor rarely find their way out of money-grubbing. The chances of someone of little means finding his or her way to considerable wealth are that much lower.The question begs: what, exactly, separates the rich from the poor? Too many people assume the wealthiest people rely on connections, luck or an inheritance to build wealth and retain it across p...Read More

The following is a release by the Silver Institute relating to the publication of the 29th edition of its World Silver Survey, which was independently researched and compiled by the GFMS team at Refinitiv. Established in 1971, the Silver Institute is a non-profit international association that draws its membership from across the breadth of the silver industry, including silver mining houses, re...Read More

Publisher's Note: Today we bring you the latest Interim Wealth Bulletin, a supplemental service for The Dines Letter.Read on for Mr. James Dines' latest market analysis and a discussion on what sectors of the market will drive gains for investors going forward.To your wealth,Nick HodgePublisher, Outsider ClubPresident Trump is singlehandedly boosting the economy's prospects, for example by urgin...Read More

After setting production records last year, Barrick's Kibali gold mine continues to speed toward its 2019 guidance of 750,000 ounces.Read full newsRead More

Battery metals tracker Adamas Intelligence says that in February 2019, 76% more lithium carbonate equivalent (LCE) was deployed worldwide in batteries of new electric, plug-in hybrid and hybrid electric passenger vehicles compared to the same month last year.The Dutch-Canadian research company, which tracks EV registrations and battery chemistries in more than 80 countries, says among all meta...Read More

Demand for electric vehicles remains low in the U.S. market, but industry executives at the New York auto show this week said they are pushing ahead with billions of dollars in investments even while preaching patience.Officials said their companies are charging ahead with a flurry of new electric vehicle (EV) models, citing rising regulatory requirements globally.Last year, only about 2 percent o...Read More

(Bloomberg) - An iPhone assembler, e-commerce emporium and real-estate developer typically don't compete in the same business - except when it comes to electric vehicles in China.That's because of a seismic shift toward EVs, which has spurred billions of dollars in investments by traditional carmakers, startups and titans of the internet, electronics and real-estate industries. The rush is on even...Read More

Despite a widely held view that gold should be trading north of $1,400 this year, since the February peak well short of that target, prices have gone in the other direction.Gold mining stocks have fared slightly better after a flurry of mergers and acquisitions at the top end rekindled interest in the sector despite the lacklustre performance of the metal and all those burnt fingers from the M&A f...Read More

Despite a widely held view that gold should be trading north of $1,400 this year, since the February peak well short of that target, prices have gone in the other direction.Gold mining stocks have fared slightly better after a flurry of mergers and acquisitions at the top end rekindled interest in the sector despite the lacklustre performance of the metal and all those burnt fingers from the M&A f...Read More