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
Parenting for Freedom article series: This is the fourth in a series of articles that analyzes how freedom-loving people can align their parenting with their political philosophy, and how doing so will allow ideas about personal liberty to carry on to the next generation.If you're a freedom-loving parent, you're probably doing all you can to give your children autonomy in their own lives. You're t...Read More
Parenting for Freedom article series: This is the fourth in a series of articles that analyzes how freedom-loving people can align their parenting with their political philosophy, and how doing so will allow ideas about personal liberty to carry on to the next generation.If you're a freedom-loving parent, you're probably doing all you can to give your children autonomy in their own lives. You're t...Read More
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 10, 2018) - Note to editors: There are three photos associated with this press release. Lundin Gold Inc. (Read full newsRead More
By the end of the business day on Friday, Trump must once again decide whether to extend or cancel the Iran nuclear deal.Read full newsRead More
The recent rally seems to have inspired some firms to hedge next year's production.Read full newsRead More
Re-imposing U.S. nuclear sanctions would hurt the populace that the West should support, the people who will overthrow this regime.Read full newsRead More
Carube Copper Corp. (TSXV:CUC) (the 'Company') announces today that the Company has applied for and received consent from the TSX Venture Exchange to extend the closing date for its private placement financing until February 14, 2018. The Company may close the private placement in one or more tranches prior to that time. As announced in a news release dated December 1, 2017, the Company...Read More
'The reality is, the president has the authority to impose tougher sanctions on Iran for their ballistic missile program, for their human ri...Read full newsRead More
Investors are betting there's more to come from commodities after a surge in industrial metals and oil prices.Read full newsRead More
Indian oil consumption in 2017 grew at its slowest in four years, according to government statistics, hit by the government's demonetisation move and a tax increase that knocked the gain in fuel use back to a modest 2.3%.Read full newsRead More
California's last nuclear power plant - Diablo Canyon, whose contentious birth helped shape the modern environmental movement - will close in 2025, state utility regulators decided Thursday.The unanimous vote by the California Public Utilities Commission will likely bring an end to nuclear energy's long history in the state. State law forbids building more nuclear plants in California until the fe...Read More
In my view there is nothing special about China's intention of reducing US treasury investment. This was bound to happen much earlier. China is "thee" happening place for the global financial service industry. It has opened up its economy for global investors. China is moving towards a service oriented growth from a manufacturing growth. Chinese moves economically or geopolitically is antagonizi...Read More
In my view there is nothing special about China's intention of reducing US treasury investment. This was bound to happen much earlier. China is "thee" happening place for the global financial service industry. It has opened up its economy for global investors. China is moving towards a service oriented growth from a manufacturing growth. Chinese moves economically or geopolitically is antagonizi...Read More
President Trump is set decide whether to re-certify the Iran deal today.Read full newsRead More
Briefly: Intraday trade: Our Wednesday's intraday trading outlook was bearish. It proved partly accurate, because the S&P 500 lost 0.1% following slightly lower opening of the trading session (-0.2%). The broad stock market fluctuates after its record-setting rally. There have been no confirmed negative signals so far. However, we can see some clear short-term overbought conditions along with...Read More
The U.S. adding roughly the output of Turkmenistan in one year won't help prices.Read full newsRead More
Saudi Arabia is taking managerial control of Saudi Binladin Group and discussing a possible transfer of some of the giant construction group's assets to the state while its chairman and other family members are in detention, sources told Reuters.Read full newsRead More
The home of Wall Street announced on Wednesday that it will be divesting its massive pension fund from fossil fuels. That hits fossil fuel giants where it hurtsRead full newsRead More
Stocks resumed their 2018 rally today, with all three major indexes reaching a fresh record high. The impressive gains can be mostly accredited to the energy sector, with Chevron(CVX) stock leading the Dow's triple-digit rally. Traders also digested the latest inflation data, andWalmart (WMT) plans to boost wages and expand employee benefits following tax reform. Looking ahead, Wall Street will ha...Read More
Miramont Resources Corp. (CSE: MONT) ('Miramont' or the 'Company') is pleased to provide an update of progress at its Cerro Hermoso project in southern Peru.Read full newsRead More