The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More

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

* SBI posts profit after 3 qtrs of losses* One-time gain, lower provisioning help* SBI has complete control of "demon" of NPA - chairman* Exposure to IL&FS not cause of concern to SBI as of now - chairman* SBI shares post 2-mth closing high (Adds chairman comments, details on one-time gain)By Chris Thomas and Abhirup RoyBENGALURU/MUMBAI, Nov 5 (Reuters) - State Bank of India (SBI)...Read More

Nov 5 (Reuters) - State-run gas utility GAIL (India) Ltd GAIL.NS posted a 50 percent jump in second-quarter profit on Monday, boosted by higher revenue from its natural gas marketing business.Profit came in at 19.63 billion rupees ($268.86 million) for the three months ended Sept. 30, compared with 13.10 billion rupees a year earlier, the company said https:// on average had expected a profit of...Read More

* U.S. bond yields slip before massive supply this week* Sterling up on Brexit deal hopes* Crude up as Iran sanctions kick in (Updates prices, changes comment, dateline from previous LONDON)By Rodrigo CamposNEW YORK, Nov 5 (Reuters) - An index of stocks on major markets were flat on Monday, following four days of a bounce-back from a 14-month low, ahead of a key vote to define the power balance in...Read More

Investing.com - Gold prices were little changed on Monday as traders braced for the U.S. mid-term elections and the Federal Reserve’s November meeting due later this week.At 9:18 AM ET (14:18 GMT), gold futures for December delivery on the Comex division of the New York Mercantile Exchange slipped 30 cents, or 0.02%, to $1,230.70 a troy ounce.Voters on Tuesday will decide key races in Congre...Read More

Drill core from the Currie Project in Ontario. Source Prosper Gold Corp.Prosper Gold Corp. [PGX-TSXV] has released impressive results from drilling at its Currie Project southwest of Matheson, Ontario.Investors reacted by sending Prosper shares to a high of 14 cents Tuesday November 6 on volume of almost 1.4 million shares traded. In early afternoon trading, the stock had slipped back to 12 cents...Read More

Underground mining operations at the Kamoto Mine, DRC. Source: Katanga Mining Ltd.Glencore AG's [GLEN-LSE] Katanga Mining Ltd. [KAT-TSX] said Tuesday November 6 that it will temporarily suspend the export and sale of cobalt produced from its 75%-owned Kamoto Copper Co. project in the Democratic Republic of Congo (DRC) until further notice.Its partner in the project is Gecamines, a state-owned mini...Read More

SASKATOON - The head of Nutrien Ltd. says the company has enough room for potash expansion in Saskatchewan that it doesn't make sense to invest in expanding production in costlier regions.Chief executive Chuck Magro made the remarks on conference call with financial analysts Tuesday after taking a writedown due to the permanent closure of its potash mine in New Brunswick."The decision is pretty ob...Read More

Chemesis International Inc. (CSI:CSE)(CADMF:NASDAQ), has made a bold and strategic move by acquiring 100% of La Finca Interacviva-Arachna Med.La Finca has access to over 1000 acres of outdoor cultivation land and is aggressively exploring opportunities to expand. Currently, La Finca has relationships with over 2,000 farming families across Colombia through various co-ops that comprise its land pac...Read More

(IDEX Online) - CIBJO, the World Jewellery Confederation, has been certified as being carbon neutral in 2017, the fifth straight year that offset its greenhouse gas emissions through the purchase of carbon credits.   It did so as part of the CIBJO Greenhouse Gas Measurement Initiative that was launched several years ago to promote environmental consciousness and responsibility in the jewelry...Read More

(IDEX Online) - The third quarter of 2018 was unsatisfactory and group revenue decreased 3% in local currency due to timing of shipments, change of inventory levels in the wholesale channel and negative total like-for-like, the jewelry-maker reported.   Due to the unsatisfactory Q3 2018 performance, a lower than expected tailwind from forward integration as well as a weak start to the fourth...Read More

(IDEX Online) - Lucapa Diamond Company and its partners have announced the discovery of a new alluvial source of large and premium-value diamonds at the Lulo diamond project in Angola.   "To date, the diamonds mined from Lulo - the world's highest average US$ per carat alluvial production - have been sourced predominantly from the terrace deposits along the Cacuilo River valley," Lucapa said....Read More

(IDEX Online) - The Antwerp World Diamond Centre and the Alibaba Group have signed an exclusive partnership to offer Antwerp certified diamonds to Chinese consumers via Alibaba's B2C marketplace, Tmall.   The cooperation agreement was signed in the framework of the first China International Import Expo (CIEE), which is being held this week in Shanghai, the AWDC said.   The Antwerp diamo...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 maplecroftBezant's Mankayan back in copper-gold spotlightSPONSOREDbezant resourcesThe Toronto-listed company acquired the project from Australia-based Condor Resources in January and since then has...Read More

The Chinese Ministry of Commerce has added its stamp of approval to the proposed friendly merger, which Zijin would use in combination with the previously received National Development and Reform Commission nod to apply for final approval from the Chinese State Administration of Foreign Exchange department.The substantial deal is not subject to financing conditions and no specific closing date has...Read More

In 1935, the Social Security Act was signed into law by President Franklin D. Roosevelt. Back then, 65 was considered old age.Today, "65 is the new 45"-at least that's what many baby boomers would like to believe. In America, people fear growing old and losing their independence more than they fear dying, according to studies as old as the 1990's and as recent as this year.With advances in medicin...Read More

Saudi Crown Prince Mohammed bin Salman (MBS) has a secret.No, it’s not that he was behind the horrific interrogation, torture and murder of journalist Jamal Khashoggi.Although most people would argue otherwise.The Crown Prince’s secret that I’m referring to isn’t even that he approved the use of chemical weapons by Saudi Arabia in its proxy war in Yemen.That piece of inform...Read More

Lucara sells large diamonds for US$32.5mPrecious stonesDR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftBezant's Mankayan back in copper-gold spotlightSPONSOREDbezant resourcesKyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal international The two countries have much in common: Westminster-style democracies, being part of the Com...Read More

Those who focus on the U.S. national debt (and I'm one of them) keep wondering how long this debt levitation act can go on.The U.S. debt-to-GDP ratio is at the highest level in history (106%), with the exception of the immediate aftermath of the Second World War. At least in 1945, the U.S. had won the war and our economy dominated world output and production. Today, we have the debt without the gl...Read More

"Don't vote," argues political satirist P.J. O'Rourke - "it only encourages the bastards."On this Election Day, here we have a timely, if controversial proposal.It is a heresy upon the civic religion… and a slander against all crusaders who fought for the franchise through American history.Yet The Daily Reckoning blesses this undemocratic blasphemy with a wry, seditious wink.And, if we may s...Read More

If I had to choose between having my debit card declined at the grocery store or seeing an overdraft fee come up on my online statement - I'd take the embarrassment over the fee any day.Here's why…The average overdraft protection fee in the US is $34. Although it doesn't sound like much, it typically happens on transactions $24 or less.What's worse, the Consumer Financial Protection Bureau (...Read More