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

(Adds company news items and futures)Oct 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 80 points lower on Friday, according to financial bookmakers, with FTSE 100 futures .FFIc1 down 0.77 percent ahead of the cash market open.* IAG: British Airways owner IAG ICAG.L on Friday posted a small rise in quarterly profit with results that slightly beat expectations, and said profit for 20...Read More

Some gold stocks have been more volatile than expected lately, but in general, these stocks are the stocks to turn to for calm in the middle of this storm of market carnage.The price of gold has now rallied almost 5% since the market turned decidedly negative in early October.With this, we have seen gold stocks also rallying, as a function of investors turning to gold for its perceived safety char...Read More

The stock market chaos of the past few weeks has been a little unsettling. Investors have started to question the market leaders, the economy, and high-valuation stocks. Uncertainty has resulted in massive withdrawals from ETF index funds, which have brought the market down even further. If selling turns to panic, gold might be a good place to go. Companies operating in the space are still cheap a...Read More

The human body is a system of systems. The human body is made up of a circulatory system, respiratory system, digestive system, and so on. If one of these systems stop, there is a good chance the body will be crippled or die.Likewise, a business is a complex system of interoperating systems. And like a body, if one of those systems fails, the whole business will either be crippled or die.When I am...Read More

Beneath the rah-rah statistics of “the greatest economy ever,” the social depression is accelerating. The mainstream is reluctantly waking up to the future of the American Dream: downward mobility for all but the top 10% of households.A 2015 Atlantic article fleshed out the zeitgeist with survey data that suggests the Great Middle Class/Nouveau Proletariat is also waking up to a future...Read More

The tail is now where the head was generations ago, said 19th-century British historian Thomas Macaulay.Today, the "tail" of American society wallows in an opulence once reserved for its "head."The late political scientist James Q. Wilson:The poorest Americans today live a better life than all but the richest persons 100 years ago.Before air conditioning, for example, even the industrial titan hem...Read More

Solar Ship CEO Jay Godsall speaks at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.Read More

Losing all of the 2018 gains was not a pleasant thing to face following Wednesday's close. Many traders (perhaps the dealer banks, as well) chose to treat the massive Wednesday sell-off as an opportunity to buy at a huge discount. Therefore, buyers outnumbered sellers on Thursday, slightly pushing the indexes back into the black for 2018.Friday trading started with another steep drop as we prepare...Read More

After the roller coaster ride this week in global financial markets, investors are cautious investing in everything. Gold is consolidating in a $1220-$1245 range. This range will be broken by Halloween. If industrial metals crash, then silver could take a back seat. Speculation of oversupply in crude oil has resulted crude oil trading with a softer bias. If crude oil does not rise today (being t...Read More

After the roller coaster ride this week in global financial markets, investors are cautious investing in everything. Gold is consolidating in a $1220-$1245 range. This range will be broken by Halloween. If industrial metals crash, then silver could take a back seat. Speculation of oversupply in crude oil has resulted crude oil trading with a softer bias. If crude oil does not rise today (being t...Read More

FBI agents are examining whether Tesla misstated information about production of its Model 3 sedans and misled investors about the company's business going back to early 2017.Read full newsRead More

Ginger Zee joined the stars of the hit Discovery showRead full newsRead More

The Dow and S&P also racked up big weekly lossesIt was a sharply lower session on Wall Street, with the Dow off more than 500 points at its intraday low. Negative FAANG earnings reactions from Amazon (AMZN) and Alphabet (GOOGL) sparked the heavy selling, and had the S&P 500 flirting with correction territory. While the major benchmarks came off their earlier lows by the close, they all ended the w...Read More

Ginger Zee joined the stars of the hit Discovery showRead full newsRead More

Trillion dollar bye bye...Read full newsRead More

The gold rush is only four months old in Nathenje, Malawi, but already there are thousands of prospectors digging, shovelling and sifting soil in the age-old search for a nugget that will transform their lives.The miners -- many of them women -- head back down the deep holes dug on the riverbanks ofRead full newsRead More

Local authorities close down school in Kokoyah Reports emanating from the gold-rich area of Sayeweh Town in Kokoyah Statutory District in Bong County, say 19 students at the Sayeweh Town Public School are allegedly suffering from chemical waste infection reportedly dumped near the school by MNG-Gold. Administrators of the government-run elementary school, which is located...Read full newsRead More

Separately, the Company has agreed to grant Mineros an option to acquire up to a 51% interest in the La Pepa project, located in the Maricunga gold belt, Chile, over an earn in period of four years (subject to extension for certain unexpected contingencies), and then the remaining 49% interest pursuantRead full newsRead More

Colorado-based Newmont Mining Corp reported lower third-quarter profit and reven...Read full newsRead More

Ginger Zee joined the stars of the hit Discovery showRead full newsRead More