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

By Krishna N. DasNEW DELHI, May 25 (Reuters) - London-listed Vedanta Resources VED.L plans to stick to operations in a southern Indian city despite protests demanding the closure of its copper smelter that killed 13 people this week, a company executive told Reuters on Friday.The company's position comes a day after the state of Tamil Nadu (NS:TNNP), where the smelter is located, said it was see...Read More

NEW DELHI, May 25 (Reuters) - Indian Prime Minister Narendra Modi's decision to accept a fitness challenge from one of the nation's top cricketers, Virat Kohli, has been seized on by opposition politicians who say the leader should be spending time on other challenges - such as reducing fuel prices and creating jobs.The nation's sport minister and an Olympic medalist for shooting, Rajyavardhan Rat...Read More

(Adds company news items, adds futures)May 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 48 points at 7,765 on Friday, according to financial bookmakers, with futures FFIc1 up 0.31 percent ahead of the cash market open.* SSE: Britain's SSE Plc SSE.L said full-year earnings per share fell 3.6 percent, hurt by weakness in its networks business, but EPS so far this year was ahead o...Read More

May 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 48 points at 7,765 on Friday, according to financial bookmakers.* SHELL: A British judge ruled on Thursday that Nigeria's Bodo community, which has been involved in a protracted legal battle with Shell RDSa.L over the clean-up of two 2008 oil spills, should retain the option of litigation for another year. VEDANTA RESOURCES: Indi...Read More

May 25 (Reuters) - Below are the ratings awarded by India Ratings and Research Private Ltd (India Ratings), formerly known as Fitch Ratings India for local debt instruments as of May 24, 2018. COMPANYINSTRUMENTRATINGAMOUNT MOVEMENT(RS.MLN) ---------------------------- --------- SHORT TERM RATINGS: ------------------- Ambience Constructions India LtdNon-FB FacIND A4+120Assigned Artemis Auto India P...Read More

A man armed with a pistol walked into an Oklahoma City restaurant Thursday night and opened fire.Two customers were wounded before the suspect was shot dead by two armed citizens in the parking lot.Police are still investigating the incident, but so far they are not sure what prompted the shooting, which occurred around 6:30 p.m. Thursday at Louie's On The Lake, on Lake Hefner.The shooter, 28-year...Read More

Via Sovereignman.comLast June, in one of the most egregious displays of economic insanity, Argentina was able to raise $2.75 billion by selling bonds with a ONE HUNDRED YEAR maturity.Even more miraculously, the bond turned out to be wildly popular with investors.So basically investors willingly forked over billions of dollars to a country that has a history of defaulting on its debt, confiscatin...Read More

It is Memorial Day weekend... when we pause to honor the nation's war dead.Most Americans will not, of course.It is merely a chance to lie flat on a beach... to munch frankfurters... to dream the dreams of approaching summer.We'll be joining them of course.We will not be planting tiny American flags atop forgotten graves this weekend.We will not be bugling taps.It is unlikely we will thank a veter...Read More

I'm Jim Rickards, a colleague of Nilus here at Agora, filling in for him this weekend.One of the first things I learned as a registered Washington lobbyist, (yes, I admit it, I was a lobbyist in the 1990s), is "you can't beat something with nothing."That's a Washington insider's way of saying that if you don't like an opponent's policies, it's not enough to moan and complain about them and throw i...Read More

Stocks rebounded slightly on Wednesday following the Fed FOMC minutes. Initially, the stock market was down 150 points or more but, whenever the Fed is making statements or having FOMC meetings, the government seems to step in to stabilize any emotional impact from its statements to neutralize the markets.The Fed said it would be content to let inflation briefly run above its 2% target as the econ...Read More

Provincial Panel Discussion: "The British Columbia Advantage: An Alliance Between Government, First Nations and Industry for Mineral Exploration and Mining". Recorded live at the Canadian Mining Symposium in London on April 24, 2018.Moderator: Richard Quarisa, Staff Writer, The Northern Miner.Panelists: Dave Nikolejsin, Deputy Minister, Province of British Columbia; Walter Coles Jr., President and...Read More

ASX-listed Pacton Gold has nearly doubled its land position in Australia's Pilbara area with the acquisition of Drummond East.Read full newsRead More

Trump is using Chanakya Neeti called "Saam, Daam, Daand, Bheed" on North Korea issues. This means first negotiate, if negotiate does not work then buy him, if buying does not work then threaten him, if threatening also does not work, then use a divide and rule policy. The last resort is an armed conflict. Lessons from Libya have been learnt by North Korea. China and Russia its neighbors are ther...Read More

Trump is using Chanakya Neeti called "Saam, Daam, Daand, Bheed" on North Korea issues. This means first negotiate, if negotiate does not work then buy him, if buying does not work then threaten him, if threatening also does not work, then use a divide and rule policy. The last resort is an armed conflict. Lessons from Libya have been learnt by North Korea. China and Russia its neighbors are ther...Read More

First Quantum Minerals verabschiedet sich von Northern Dynasty und PebbleRead full newsRead More

The AMCU is claiming that the company could have prevented three of its employees from being injured during a seismic event at one of its mines.Read full newsRead More

First Quantum has backed out of an option agreement on Northern Dynasty's Alaska-based Pebble asset, leaving the project's future in question.Read full newsRead More

London-listed Vedanta Resources hopes to restart its copper smelter in a southern Indian city and still wants to double its capacity despite protests demanding its closure that killed 13 people this week, a company executive told Reuters on Friday.The company's position comes a day after the state of Tamil Nadu, where the smelter is located, said it was seeking a permanent closure of the plant due...Read More

London-listed Vedanta Resources hopes to restart its copper smelter in a southern Indian city and still wants to double its capacity despite protests demanding its closure that killed 13 people this week, a company executive told Reuters on Friday.The company's position comes a day after the state of Tamil Nadu, where the smelter is located, said it was seeking a permanent closure of the plant due...Read More

Labrador Gold (TSXV: LAB) announced today that it is staking additional 92 claims at the Hopedale project, located 30 kilometres southwest of the community of Hopedale in eastern Labrador, Canada.In detail, the claims are situated at the northern end of the Florence Lake greenstone belt, which is adjacent to the Thurber Dog area where the company has reported grab samples up to 7.87 g/t gold and w...Read More