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

NEW DELHI, Nov 14 (Reuters) - India's finance ministry wants the Reserve Bank of India (RBI) to address credit and liquidity related issues at its board meeting scheduled for Nov. 19, Indian TV channels reported on Wednesday, citing unidentified sources.The central bank and the government have been at loggerheads in recent weeks as the government ramps up pressure on the regulator to relax lending...Read More

* Indian rupee rises to its highest since Sept. 21* India 10-year bond yield falls to lowest since Aug. 2* Local elections, cenbank-govt rift to cap large gains - dealers (Updates to add details, background, quotes)By Suvashree ChoudhuryMUMBAI, Nov 14 (Reuters) - The Indian rupee and bonds gained in early trade on Wednesday, boosted by a fall in global oil prices and on the central bank's announce...Read More

* STOXX down 0.6 pct, Eurostoxx 50 down 0.6 pct* Italy down 0.8 pct as budget showdown looms* Oil stocks tumble as crude struggles* Copper slides, miners fall 2 pct (Updating prices, adding details)By Julien Ponthus and Helen ReidLONDON, Nov 14 (Reuters) - European shares hit their lowest in two weeks on Wednesday in a broadbased sell-off across oil, mining, technology and banking stocks amid rene...Read More

BRUSSELS, Nov 14 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:APPROVALS AND WITHDRAWALS-- UK packaging business DS Smith SMDS.L to acquire Spanish corrugated packing provider Europac PYCE.MC (approved Nov. 14)NEW LISTINGSNoneEXTENSIONS AND OTHER CHANGES-- Germany's Thyssenkrupp TKAG.DE and India's Tata Steel TISC.NS to...Read More

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 down 0.5 pct* Brexit deal still has to pass through some hoops* Smiths Group rises on healthcare spin-off plan* Debenhams tumbles on report of suppliers turning awayBy Helen ReidLONDON, Nov 14 (Reuters) - Britain's top stock index sank on Wednesday as mining companies and oil majors sold off amid growing anxiety...Read More

* European shares down as much as 1.2 pct* German, Japanese economies contract in Q3* Sterling volatility jumps to highest since 2017 election* US crude bounces after longest losing streak in decades* Italy budget woes put euro, Italian debt under pressure* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Danilo MasoniMILAN, Nov 14 (Reuters) - Oil struggled to find a floor and stocks tum...Read More

Kyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalXiana paid US$25 million in cash for the complex which consists of three operating mines, a concentrate plant, related infrastructure and exploration licences near the northern city of Ovalle."MAP is an excellent cornerstone asset for the Xiana portfolio and we look forward to executing our optimization plans...Read More

Gold and silver have weakened sharply in recent weeks to be down by 8% and 17% for the year to date, respectively. This sees the yellow metal trading at close to US$1,200 per ounce, while silver is hovering at around US$14 an ounce. This has had a sharp impact on the fortunes of precious metals miners, causing the Van Eck Gold Miners ETF to shed 19%, while the Global X Silver Miner's ETF has lost...Read More

The stock market is certainly a crazy place to operate these days. Around the world, stocks can't seem to get any traction, with each successive move upwards being followed by the market slamming stocks back to Earth with a harsh move back down. It is certainly not a place for the faint of heart. The question that is on everyone's mind is whether this is the end of the bull market for stocks or if...Read More

Drilling at Nexus Gold's Rakounga exploration permit in Burkina Faso. West Africa. Source: Nexus Gold Corp.Nexus Gold Corp. [NXS-TSXV; NXXGF-OTC] said Thursday November 15 that it has struck a deal with company director Warren Robb to acquire the a gold-copper exploration property in the Bridge River Mining Camp, approximately 180 km north of Vancouver, British Columbia.Robb is also the company's...Read More

The processing plant for Endeavour Mining's Hound?(C) Mine in Burkina Faso, West Africa. Source: Endeavour Mining Corp.Endeavour Mining Corp. [EDV-TSX; EDVMF-OTCQX] on Thursday November 15 announced a significant maiden resource estimate for the previously announced Kari Pump discovery at its flagship Hound?(C) Mine in Burkina Faso, West Africa.Kari Pump's one million ounce maiden indicated resour...Read More

The World Diamond Council (WDC) and the Civil Society Coalition (CSC) this week voiced their strong support for an expanded definition of conflict diamonds at the launch of the 2018 Plenary Session of the Kimberley Process (KP), in Brussels, Belgium.The proposal, put forward by the government of Canada, looks to strengthen the scope by expanding the KP’s official definition of what constitut...Read More

(IDEX Online) - The World Diamond Council (WDC) and the Civil Society Coalition (CSC) voiced their strong support for an expanded definition of conflict diamonds at the Plenary Session of the Kimberley Process (KP) in Brussels.   The proposal, put forward by the government of Canada, looks to strengthen the scope by expanding the KP's official definition of what constitutes conflict diamonds...Read More

Aim-listed Botswana Diamonds (BOD) has completed the acquisition of Russian diamond miner Alrosa’s 50% interest in the Sunland Minerals joint venture (JV), giving BOD full ownership of the project.BOD on Thursday also announced that negotiations were under way with a potential new JV partner – a large diamond producer that is interested in acquiring 50% of the project and which has a s...Read More

(IDEX Online) - Registration has opened for the Third Jewelry Industry Summit taking place at the Tucson Convention Center before the AGTA GemFair, the organizers announced.   "The goal of this year's Summit is to enable attendees to use practical tools and resources to sustain responsible sourcing. The speakers and interactive programs will focus on what can be done immediately and by every...Read More

(IDEX Online) - In response to the needs of the Atlanta Jewelry Show (AJS) community, Executive Director Libby Brown announced the launch of two new feature areas for the 2019 spring event in Atlanta.   "As the buying habits of today's consumers evolve, independent retailers are adapting e-commerce strategies to enhance - not replace - their sales opportunities and grow their business," she...Read More

Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesThe company said the expansion, to start in early 2019, would add an average 60,000 tonnes per annum to its production over the first 15 years of operation.First output is expected in the second half of 2021.Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesCopper production will rise from an extra 40,000tpa in the first year...Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipDR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftKyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalWorking on part of the 397-square-kilometre Kamoa-Kakula mining licence, Ivanhoe says it has delineate...Read More

The tax law is a series of stimulus packages for business owners and investors. Nowhere is this truer than for real estate investors. I'm not talking about people who fix and flip real estate. They are not investors. I'm talking about those who buy, improve, and hold on to real estate for long-term investment.As an incentive for investors to buy, improve, and hold real estate, the government gives...Read More

Last month I warned you that we were entering this winter facing a very real chance of a spike in natural gas prices.Here we are just a couple of weeks later and that natural gas price spike has already taken a pretty major first leg up.Since the start of November, the commodity has already skyrocketed 25 percent higher than when I wrote to you.That is a big move in such a short period of time, ev...Read More