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

(Bloomberg) - Copper jumped by the most in two months and zinc hit a fresh decade-high as base metals rallied on a potent combination of a softer dollar, dwindling inventories and continued robust outlook for demand. Palladium rallied to a new record as all precious metals climbed.Copper surged as much as 2.1 percent, the most since Nov. 13, to $7,262 a metric ton on the London Metal Exchange. Al...Read More

(Bloomberg) - Copper jumped by the most in two months and zinc hit a fresh decade-high as base metals rallied on a potent combination of a softer dollar, dwindling inventories and continued robust outlook for demand. Palladium rallied to a new record as all precious metals climbed.Copper surged as much as 2.1 percent, the most since Nov. 13, to $7,262 a metric ton on the London Metal Exchange. Al...Read More

Japanese investors' net purchases of foreign bonds nosedived 94.6% on the year to 1.1 trillion yen ($9.9 billion) in 2017, the Finance Ministry reported on Friday, the first annual decline in four years.Read full newsRead More

JOHANNESBURG, Jan 15 (Reuters) - Acacia Mining said on Monday said fourth-quarter production fell by a third on the previous year due to a ban on exports of gold and copper concentrates in Tanzania.The London-listed miner said production in the three months to December fell 30 percent to 148,477 ounces compared with a year ago and 22 percent from the previous quarter. This brought 2017 gold to 767...Read More

JOHANNESBURG, Jan 15 (Reuters) - Acacia Mining said on Monday said fourth-quarter production fell by a third on the previous year due to a ban on exports of gold and copper concentrates in Tanzania.The London-listed miner said production in the three months to December fell 30 percent to 148,477 ounces compared with a year ago and 22 percent from the previous quarter. This brought 2017 gold to 767...Read More

Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.Read full newsRead More

One of the biggest diamonds in history has been discovered in the mountainous kingdom of Lesotho in southern Africa.Read full newsRead More

The average E.V. requires 80kg more copper than a regular vehicle. There is also significant copper needed to build out E.V. infrastructure in the power grid as well as battery charging infrastructure.Read full newsRead More

Copper jumped by the most in two months and zinc hit a fresh decade-high as base metals rallied on a potent combination of a softer dollar, dwindling inventories and continued robust outlook for demand. Palladium rallied to a new record as all precious metals climbed.Read full newsRead More

Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that the auto industry sees growing from what's now just a fraction of the market.Read full newsRead More

While there's certainly no sign yet of a breakdown in the record-setting rally that's been the dominant post-election storyline for U.S. stocks, bulls can be forgiven for feeling an increasingly urgent desire to hedge some (or all) of their long equity exposure. Geopolitical risk and uncertainty continue to dominate daily headlines; the CBOE Volatility Index (VIX) remains unusually low, as discuss...Read More

Canada's Tahoe Resources (TSX:THO)(NYSE:TAHO) is laying off 250 employees, or roughly a quarter of the staff from its flagship Escobal silver mine, in Guatemala, as a legal battle to having the mining license for the site reinstated drags on.The Vancouver-based company had to halt operations at the mine last July after the country's Supreme Court provisionally ordered so following an appeal from...Read More

Canada's Tahoe Resources (TSX:THO)(NYSE:TAHO) is laying off 250 employees, or roughly a quarter of the staff from its flagship Escobal silver mine, in Guatemala, as a legal battle to having the mining license for the site reinstated drags on.The Vancouver-based company had to halt operations at the mine last July after the country's Supreme Court provisionally ordered so following an appeal from...Read More

Shares in Canadian precious metals producer McEwen Mining (TSX, NYSE:MUX) were up Monday as gold prices touched the highest level since early September during the European trading session, and the company reported 2017 and Q4 results.The Toronto-based company said it produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of...Read More

Shares in Canadian precious metals producer McEwen Mining (TSX, NYSE:MUX) were up Monday as gold prices touched the highest level since early September during the European trading session, and the company reported 2017 and Q4 results.The Toronto-based company said it produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of...Read More

The re-start of a mothballed zinc mine in Australia is turning out to have a strong upside for both the mining company and its investors. Read full newsRead More

In 2018, retail sales in China are expected to equal or surpass sales in the United States for the first time.Read full newsRead More

Shares in Africa-focused Gem Diamonds (LON:GEMD) skyrocketed Monday morning after the miner announced the recovery of what it qualified as the fifth biggest gem-quality diamond ever found.The 910-carat, D colour, Type IIa rough diamond was unearthed at the firm's flagship Let??eng mine in Lesotho. According to analysts at Liberum, it could fetch as much as $40 million, based on previous sales...Read More

Shares in Africa-focused Gem Diamonds (LON:GEMD) skyrocketed Monday morning after the miner announced the recovery of what it qualified as the fifth biggest gem-quality diamond ever found.The 910-carat, D colour, Type IIa rough diamond was unearthed at the firm's flagship Let??eng mine in Lesotho. According to analysts at Liberum, it could fetch as much as $40 million, based on previous sales...Read More

Up to 20cm of snow is possible on high ground, with ice, strong winds and power cuts also possible, according to weather warnings.Read full newsRead More