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

The FBI: The Silent Terror Of The Fourth Reich … Lately, there's been a lot of rhetoric comparing Donald Trump to Adolf Hitler. The concern is that a Nazi-type regime may be rising in America … That process, however, began a long time ago. … In fact, following the second World War, the U.S. government recruited Hitler's employees, adopted his protocols, embraced his mindset about...Read More

The FBI: The Silent Terror Of The Fourth Reich … Lately, there's been a lot of rhetoric comparing Donald Trump to Adolf Hitler. The concern is that a Nazi-type regime may be rising in America … That process, however, began a long time ago. … In fact, following the second World War, the U.S. government recruited Hitler's employees, adopted his protocols, embraced his mindset about...Read More

After finishing 2016 up 25 percent, commodities are getting another boost from bullish investors. Investment bank Citigroup forecasts commodity prices will increase this year on strengthening demand in China and mounting inflation inspired by President Donald Trump's "America First" policies. Commodity assets under management globally stood at $391 billion in January, up 50 percent from the same t...Read More

Attendance at the Prospectors & Developers Association of Canada's (PDAC) 2017 Convention totalled 24,161-a strong indication that confidence has returned to the mineral exploration and mining industry.The annual PDAC Convention-the world's largest industry event-attracted investors, analysts, mining executives, prospectors, geologists, government officials and students."The mineral exploration an...Read More

Nickel fell to a 13-year low of $7,725 a tonne ($3.50 a pound) in February last year; then rallied to more than $11,700 by mid-November only to end the year barely above $10,000.This year the rollercoaster continued as news from top suppliers Indonesia and Philippines pull the metal in different directions. After a 10% rally in February, the price of nickel has been hammered down this week losing...Read More

* Nearly 3.5 mln T of capacity on maintenance in March -Citi* Low fees could shrink refined copper supplies, underpin prices* Traders redirecting copper shipments among Asian portsBy Melanie BurtonMELBOURNE, March 8 (Reuters) - Spot processing fees in Asia for copper concentrate have slid to their cheapest in four years as shutdowns at the world's top two mines in Chile and Indonesia grind on long...Read More

Investing.com - Gold prices dropped to a five-week low during European morning hours on Wednesday, as traders bet on a strong likelihood the Federal Reserve will raise rates at its upcoming policy meeting next week.Comex gold futures touched a session low of $1,212.50 a troy ounce, a level not seen since February 3. It was last at $1,213.15 by 8:10AM ET (13:10GMT), down $2.75, or about 0.2%.Spot g...Read More

Has U.S. intelligence been irreparably damaged by the release of Vault 7, to the point where it puts America and it’s operations at risk?Well, to a certain extent, yes. But that’s only a problem if you think the CIA was targeting and manipulating the right people and entities.You have probably heard by now of the Wikileaks release of Vault 7, a CIA arsenal of cyber weapons including vi...Read More

Has U.S. intelligence been irreparably damaged by the release of Vault 7, to the point where it puts America and it’s operations at risk?Well, to a certain extent, yes. But that’s only a problem if you think the CIA was targeting and manipulating the right people and entities.You have probably heard by now of the Wikileaks release of Vault 7, a CIA arsenal of cyber weapons including vi...Read More

In New York on Tuesday copper for delivery in May fell as much as 1.7% to $2.6080 per pound or $5,750 a tonne after a surge in warehouse stocks in Asia limiting the impact of supply disruptions at the world's biggest mines.Reuters reports copper inventories at facilities controlled by the LME unexpectedly jumped by almost 39,000 tonnes, the biggest inflow in more than a decade and reversing a...Read More

Investing.com - Gold prices struggled near three-week lows during European morning hours on Tuesday, amid growing expectations among traders that the Federal Reserve will raise interest rates at its March policy meeting next week.Comex gold futures were steady at $1,225.35 a troy ounce by 3:20AM ET (08:20GMT). The precious metal fell to $1,223.00 on Friday, the lowest since February 15.Spot gold w...Read More

Oh the irony of the former CIA and NSA Director Michael Hayden lamenting that we live in a “post fact world.” The media just isn’t telling the truth anymore. The CIA will set us straight.But what does Hayden have to compare modern journalism to? He is probably just angry at all the media outlets that don’t work directly for the CIA.It is a known fact that the CIA payed thou...Read More

Oh the irony of the former CIA and NSA Director Michael Hayden lamenting that we live in a “post fact world.” The media just isn’t telling the truth anymore. The CIA will set us straight.But what does Hayden have to compare modern journalism to? He is probably just angry at all the media outlets that don’t work directly for the CIA.It is a known fact that the CIA payed thou...Read More

With 2016 being a year of rock bottom-of-cycle prices, many expected it to also be a good year for mining mergers and acquisitions (M&A).But while the number of deals made last year increased by a third from the year prior, to 477 deals in 2016, it's the low value of the M&A that stands out in EY's latest report, "Mergers, acquisitions and capital raisings in mining and metals - 2016 trends, 2017...Read More

In a case that appears to turn the logic of citizen actions against mine owners on its head, a group of Minnesota residents is suing the state and the Governor over a decision to revoke mineral leases.While disgruntled residents opposed to mines usually go to court to try to stop the mine, the legal case in the Midwestern state centres around whether the state government and Minnesota Gov. Mark...Read More

The head of China's second-largest copper refiner is sounding a bearish note on the red metal, even as the country is targetting higher economic growth.Interviewed by Bloomberg on Sunday, Jiangxi Copper Co. Chairman Li Baomin predicted copper will average 45,000 (US$6,524) to 46,000 (US$6,673) Chinese yuan per ton in 2017, down from an average 47,513 yuan (US$6,892), year to date. Chairman Li ci...Read More

Figure 1: Pure (99.9 %) cobalt chips, electrolytically refined. Source: Wikipedia image commonsBy Sam BroomYou've probably given little thought to a perennially overlooked metal called cobalt, even though chances are you're reading this very article on a device powered by a battery containing a significant proportion of the metal.I'm going to spend most of this article outlining an emerging narrat...Read More

Canada has decided to extend the Mineral Exploration Tax Credit, which was ending on March 31, for a full extra year, the country's natural resources minister announced Sunday evening.Speaking to media attending the 85th version of the Prospectors & Developers Association of Canada's (PDAC) International Convention in Toronto, minister Jim Carr said the 15% mineral exploration tax credit is inten...Read More

Investing.com - Gold prices were higher during European morning hours on Monday, starting the week off with gains as demand for safe-haven assets was boosted amid news of North Korea's firing of four ballistic missiles.Comex gold futures tacked on $6.95, or about 0.6%, to $1,233.45 a troy ounce by 3:15AM ET (08:15GMT). The precious metal fell to $1,223.00 on Friday, the lowest since February 15.Sp...Read More

Warning: Spoiler Alert.It is a cross between The Stepford Wives and A Clockwork Orange, with a touch of Inception; last night my friend Amuon took me to see a movie called "Get Out."I hadn't heard of it, and went into the theater completely blind to the fact that I would be watching the most genius and entertaining piece of propaganda I have ever seen. I loved it.First and foremost I was entertain...Read More