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

* STOXX 600 up 0.2 pct* Nokia jumps after settles dispute with Apple* Upgrade boosts Banco BPM* Spanish banks recover (Recasts, adds quotes and detail, updates prices)By Kit ReesLONDON, May 23 (Reuters) - Nokia shares jumped more than 6 percent on Tuesday to their highest levels in more than a year, joined by a rise in banking stocks which helped European stock markets edge higher.The pan-European...Read More

(Adds dropped word in headline)LONDON, May 23 (Reuters) - Nokia shares jumped more than 6 percent to their highest levels in more than a year and were a standout in an otherwise sluggish open on European stock markets on Tuesday.The pan-European STOXX 600 .STOXX index was little changed in early deals with mining stocks weaker as metals prices slipped. Germany's DAX .GDAXI rose 0.2 percent while e...Read More

Investing.com - Gold prices held near their strongest level in around three weeks in European trade on Tuesday, as investor sentiment skewed toward safe-haven assets after a suspected terrorist attack at a concert in Britain's city of Manchester.Comex gold futures firmed at $1,261.43 a troy ounce by 3:10AM ET (07:10GMT). Meanwhile, spot gold was at $1,261.60. Prices of the yellow metal rose to an...Read More

* Rapid electric vehicle rollout could double copper use* Glencore has low oil exposure, dominant in copper, cobalt* IEA to review oil demand due to India, China EV policy* Glencore copper production to rise to 1.8 mln tonnes/yearBy Barbara LewisZUG, Switzerland, May 22 (Reuters) - OPEC nations that deliver some of the lowest cost production will be relatively insulated from an early peak in oil...Read More

* World FX rates in 2017 http://tmsnrt.rs/2egbfVh* Dollar slips to 6-month low* Oil lifted by expectations of continued supply cut* Defense stocks lift Wall Street on U.S.-Saudi arms deal* Gold, copper, zinc and nickel rise (Recasts with dollar falling; adds oil settlement, updates throughout)By Hilary RussNEW YORK, May 22 (Reuters) - The dollar slipped to a more than six-month low on Monday, weig...Read More

Turns out, actually being a genuinely good person is the easiest way to have influence over others, and get them to like you–weird, I know.In 1936 Dale Carnegie wrote How to Win Friends and Influence People after intense study of effective leadership, the psychology behind why people like each other, and how to approach tough situations without giving offense.Far from being sneaky ways t...Read More

Turns out, actually being a genuinely good person is the easiest way to have influence over others, and get them to like you–weird, I know.In 1936 Dale Carnegie wrote How to Win Friends and Influence People after intense study of effective leadership, the psychology behind why people like each other, and how to approach tough situations without giving offense.Far from being sneaky ways t...Read More

An 18-pages long report released today by the London Mining Network slams Antofagasta Minerals' 60%-owned Los Pelambres copper mine, located in the central-northern of Chile in Coquimbo Region.In a move that comes just a couple of days prior to Antofagasta's (LON:ANTO) annual general meeting in London, the document titled In the Valley of the Shadow of Death? A Report on Antofagasta Plc, Minera Lo...Read More

Rio Tinto (ASX, LON:RIO) launched today a $2.5-billion bond buyback plan with the idea of reducing reduce its gross debt.In a press release, the global miner explained that, under the plan, it has issued a redemption notice for approximately $1.72 billion of its 2019 and 2020 US dollar-denominated notes and commenced cash tender offers to purchase up to approximately $781 million of its five 2021,...Read More

Investing.com - Gold prices were modestly higher in European trade on Monday, starting the week off with small gains as investors continued to assess the impact of the latest bout of U.S. political turmoil.Comex gold futures added $1.30, or about 0.1%, to $1,254.92 a troy ounce by 3:55AM ET (07:55GMT). Meanwhile, spot gold was at $1,255.33.Prices of the yellow metal rose to $1,263.20 last Thursday...Read More

ISIS wants to poison our water supply, but the joke’s on them! The U.S. government already beat them to the punch.The extremist group has reportedly poisoned prisoners by spiking their food and water with compounds used in pesticides that are easy to obtainSecurity forces now fear the terror network may hatch a twisted plot to contaminate Western food supplies with formulas that quickly d...Read More

ISIS wants to poison our water supply, but the joke’s on them! The U.S. government already beat them to the punch.The extremist group has reportedly poisoned prisoners by spiking their food and water with compounds used in pesticides that are easy to obtainSecurity forces now fear the terror network may hatch a twisted plot to contaminate Western food supplies with formulas that quickly d...Read More

April saw 121 financings close in the Canadian financial markets for C$522.7 million including 55 financings for gold totalling $207.3 million, some 40% of the April total. The top 10 gold financings totalled $167.5 million representing 81% of the total indicating that bulk of funds raised for gold projects are concentrated in a relatively small number of deals.#1 Bluestone Resources C80 millionBl...Read More

Investing.com - Gold prices were higher on Friday and notched the largest weekly gain since mid-April as political uncertainty surrounding the Trump administration pressured the dollar lower, boosting demand for the precious metal.Gold for June delivery closed up 0.18% at $1,255.07 on the Comex division of the New York Mercantile Exchange. For the week, the precious metal was up 2.06%.The dollar c...Read More

Why did “private” prison stocks soar the day after Trump got elected?It is almost like people in the industry knew something that the public didn’t. The former Attorney General Yates said that private prisons would be phased out. So before any cabinet members had been announced, why were stockholders betting that private prisons would not be phased out after all?It could just be...Read More

Why did “private” prison stocks soar the day after Trump got elected?It is almost like people in the industry knew something that the public didn’t. The former Attorney General Yates said that private prisons would be phased out. So before any cabinet members had been announced, why were stockholders betting that private prisons would not be phased out after all?It could just be...Read More

Everything is a conspiracy, the elite globalists control us all, they will win, and resistance is futile.Well, in that case, what’s the point of even fighting it? In fact, if all is so hopeless, why even bother pointing out how hopeless it is?Or could it be–gasp, conspiracy!–that those ultra-pessimists are really themselves the agents of the controlling elite?The idea is that tho...Read More

Everything is a conspiracy, the elite globalists control us all, they will win, and resistance is futile.Well, in that case, what’s the point of even fighting it? In fact, if all is so hopeless, why even bother pointing out how hopeless it is?Or could it be–gasp, conspiracy!–that those ultra-pessimists are really themselves the agents of the controlling elite?The idea is that tho...Read More

* Dollar posts biggest weekly fall since Feb 2015* Best week of 2017 for Brent; WTI up 5 pct* Stocks rally on Wall St but end down for the week (Updates to U.S. market close)By Rodrigo CamposNEW YORK, May 19 (Reuters) - The U.S. dollar fell on Friday and was set to close its worst week in more than a year, with losses steepening after reports an investigation into possible collusion between Russia...Read More

Zinc was the best performing commodity on Friday with LME prices ending at $2,616 a tonne ($1.19 a pound), a 3.3% jump on the day, outperforming sector bellwether copper's 2% gain.After today's move zinc is once again in positive territory for 2017, building on a 60% gain last year on the back of dwindling supply and strong demand from the global automotive sector.Donald Lindsay CEO of Teck Resour...Read More