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

Sabina Gold & Silver's (TSX: SBB) Back River project is already expected to produce an average of 198,000 ounces of gold a year over an initial mine life of twelve years at all-in sustaining costs of US$620 per oz. gold. However, those numbers were released in a September 2015 feasibility study, and the company has continued to make significant new discoveries on its 54,000-hectare property in Nun...Read More

From explorers to producers, resource companies operating in Canada are realizing the importance of First Nations engagement to building strong, mutually beneficial partnerships.Read full newsRead More

Medgold Resources (TSXV: MED; US-OTC: MGLDF) is wrapping up a nearly 5,000-metre exploration program at its Tlamino gold-silver-lead-zinc project in southern Serbia that partner Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is funding.Fortuna extended the 2,400-metre program based on early results, including 13.4 metres from 42 metres downhole grading 5.06 grams gold, 109 grams silver, 1.44% lead and...Read More

Medgold Resources (TSXV: MED; US-OTC: MGLDF) is wrapping up a nearly 5,000-metre exploration program at its Tlamino gold-silver-lead-zinc project in southern Serbia that partner Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is funding.Fortuna extended the 2,400-metre program based on early results, including 13.4 metres from 42 metres downhole grading 5.06 grams gold, 109 grams silver, 1.44% lead and...Read More

Medgold Resources (TSXV: MED; US-OTC: MGLDF) is wrapping up a nearly 5,000-metre exploration program at its Tlamino gold-silver-lead-zinc project in southern Serbia that partner Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is funding.Fortuna extended the 2,400-metre program based on early results, including 13.4 metres from 42 metres downhole grading 5.06 grams gold, 109 grams silver, 1.44% lead and...Read More

Mexico's move to legalize medical and recreational marijuana could create a market "at least three times larger" than Colombia's, according to industry executives and analysts, who do not expect the proposed law to see significantRead full newsRead More

Sudan signed an agreement with a state-owned Turkish company on Thursday allowin...Read full newsRead More

Stop picking losers with this strategy used by the richest investors.Forget P/E ratios and earnings per share...Forget the advice to "buy what you know" (no matter what Warren Buffett says)...Forget everything you think you know about picking stocks...The world's richest investors don't pay attention to any of that stuff. They know none of those factors impact the direction a stock's price is abou...Read More

Learn how to protect savings and maximize returns by investing in precious metals.The U.S. Gold Bureau would like to announce the newest edition of its guide to precious metals, perfect for anyone hoping to safeguard their investments and retirement!And today, they are giving away a free copy of their Investor's Guide to Precious Metals!Their goal is to help regular investors learn the "pro" secr...Read More

* For the week, Brent down 11.3 pct, WTI down 10.8 pct* China's Oct. gasoline exports lowest in 13 mths -customs* World oil supply expected to exceed demand in 2019* Oil price volatility spikes: https://tmsnrt.rs/2DBYUpH* Hedge funds cut net longs in Brent to lowest since 2015 (Updates with settlement prices, ICE (NYSE:ICE) commitment of traders data)By Jessica Resnick-AultBOSTON, Nov 23 (Reuters)...Read More

* Oil prices hit year low* Friday session ends at 1 p.m. ET (1800 GMT)* Rockwell Collins gains as UTX gets China's conditional nod* Indexes down: Dow 0.39 pct, S&P 0.41 pct, Nasdaq flat pct (Updates to open)By Medha SinghNov 23 (Reuters) - U.S. stocks fell on Friday as oil prices slipped to their lowest in more than a year, dragging down energy shares, while investors were nervous ahead of U.S...Read More

* Oil's plunge sends U.S. energy stocks tumbling* S&P 500 index confirms correction territory* Euro set for biggest weekly drop in a month on weak PMIs* European stocks rise as Italian markets rally* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh (Updates to close of U.S. markets, settlement of oil prices)By April JoynerNEW YORK, Nov 23 (Reuters) - Oil prices plunged on Friday on con...Read More

* Oil's plunge sends U.S. energy stocks tumbling* Euro set for biggest weekly drop in a month on weak PMIs* European stocks edge up as Italian markets rally* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh (Updates to U.S. market open, changes dateline; previous LONDON)By April JoynerNEW YORK, Nov 23 (Reuters) - Oil prices plunged on Friday on concerns about oversupply, sending world stoc...Read More

Markets everywhere are gagging on something: they’re sagging, crashing, imploding, blowing up, dropping and generally exhibiting signs of distress.Does the market need a Heimlich Maneuver? Is there some way to expel whatever’s choking the market?So what’s choking the market? There are a number of possibilities. Somewhere near the top of most observers’ lists are:Rising inte...Read More

"The most important trade of the past decade is now reversing," shrieks Charlie McElligott, head of Nomura's cross-asset strategy.As we revealed earlier this week, the "FAANG" stocks - Facebook, Amazon, Apple, Netflix, Alphabet (Google's parent company) - have hemorrhaged a combined $952 billion since their recent peaks.$952 billion of artificial wealth, that is, swept away to the Land of Wind and...Read More

Publisher's Note: We're fortunate enough to have access to the legendary Mr. James Dines and his renowned research. Mr. Dines is "The Original Gold Bug" and has been on the forefront of covering investing in China, giving him an unprecedented depth of perspective on the escalating trade war. Here is an excerpt from The Dines Letter.To your wealth,Nick HodgePublisher, Outsider ClubIn War: Reso...Read More

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As of 7 am Friday morning, Black Friday online sales had already surpassed the $645 million mark as millions of Americans had yet to regain consciousness after falling asleep Thursday night in a turkey-and-stuffing induced haze.Read full newsRead More

The global iron ore market will remain well supplied up until 2027, thanks to expanding output in Brazil and India, and to a slowdown in steel production in China, forecasts one Fitch Solutions Global Iron Ore Supply and Demand Outlook report, published this week.And in another report on the Iron Ore Mining Outlook, Fitch predicts global iron ore production will grow due to mine expansions in Braz...Read More

The global iron ore market will remain well supplied up until 2027, thanks to expanding output in Brazil and India, and to a slowdown in steel production in China, forecasts one Fitch Solutions Global Iron Ore Supply and Demand Outlook report, published this week.And in another report on the Iron Ore Mining Outlook, Fitch predicts global iron ore production will grow due to mine expansions in Braz...Read More