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

* Dollar index near 14-year high after upbeat US data* Yen, euro, emerging market cen banks seen intervening* Yuan near 7 per dollar level for first time since May 2008* India's rupee, Turkish lira at record low* Prospects of China, U.S. inflation buoy copper, zinc* Crude oil little changed amid OPEC meeting uncertaintyBy Marc JonesLONDON, Nov 24 (Reuters) - The dollar surged to a near 14-year hig...Read More

Investing.com - Gold prices eased on Thursday after falling to their lowest levels since February as the dollar paused after surging to fresh 14-year peaks.Gold for December delivery was trading at $1,187.55 a troy ounce by 0946 GMT, after earlier falling as low as $1,179.75, a level not seen since February 8.The U.S. dollar index, which measures the greenback's strength against a trade-weighted b...Read More

(Adds company news items, futures)Nov 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 4 points, on Thursday, according to financial bookmakers, with futures FFIc1 up 0.22 percent ahead of the cash market open.* The UK blue chip index ended flat on Wednesday after a choppy day, with individual sectors diverging as finance minister Philip Hammond delivered the biggest economic upd...Read More

Nov 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 4 points, on Thursday, according to financial bookmakers.* The UK blue chip index ended flat on Wednesday after a choppy day, with individual sectors diverging as finance minister Philip Hammond delivered the biggest economic update since Britain voted in June to leave the European Union. BRITAIN BUDGET: Britain has ramped up i...Read More

Merkel Blames Populist Gains on Rise of 'Fake News' ... This week Merkel blamed "fake news" in driving the rise of populism in the West. It looks like the left is just going to blame "fake news" every time they lose their grip on power. – Gateway PunditThe elite is leveraging its "populism versus globalism" meme by declaring that populism is closely linked to "fake news."We've written numero...Read More

Merkel Blames Populist Gains on Rise of 'Fake News' ... This week Merkel blamed "fake news" in driving the rise of populism in the West. It looks like the left is just going to blame "fake news" every time they lose their grip on power. – Gateway PunditThe elite is leveraging its "populism versus globalism" meme by declaring that populism is closely linked to "fake news."We've written numero...Read More

Robert Friedland, executive chairman of Ivanhoe Mines (TSX:IVN), and CEO Lars-Eric Johansson, announced today that excellent progress has been made by Ivanhoe in upgrading and modernizing the Kipushi Mine's shafts, pumping stations and underground infrastructure as part of the plan to prepare the mine for the restart of commercial production. The mine now has clear and safe access to all of the ma...Read More

Bob Moriarty of 321 Gold highlights BCGold, a company that he believes its promising land package in Peru makes it a good buy in this market.Almost ten years ago I went to central Peru some sixty-five miles east of Lima to see an area that had been abandoned when the Shining Path guerillas moved in. The Chanape Mining District was home to some of the best mining projects and mines in Peru. All w...Read More

World's second largest miner Rio Tinto (ASX, LON:RIO) is selling an aluminum smelter and hydro-electric power plants in Scotland to two affiliates of energy and metals group GFG Alliance for $410 million ( ?330m), as part of its efforts to cut debt.The deal comprises Rio's Alcan Aluminium UK Ltd. unit, which includes the operating aluminum smelter at Fort William, the hydroelectric facilities...Read More

President Trump plans on Making America Great Again. And to do this he plans on investing several-hundred billions of dollars into rebuilding and repairing infrastructure across the United States, including highways, bridges, tunnels, airports, schools, and hospitals.The policy was also proposed by Secretary Clinton, indicating broad bipartisan support in Congress for this investment. Infrastruc...Read More

(Adds quotes, detail)LUSAKA, Nov 23 (Reuters) - Zambia's copper production is expected to increase by 4 percent to 740,000 tonnes this year, the Chamber of Mines in Africa's second-largest producer of the metal said on Wednesday.A government forecast in February indicated Zambia's copper production will be around 700,000 tonnes this year and next year before rising to 1 million tonnes in 2018.Howe...Read More

* European stocks fail to match Wall Street records* Fed minutes to reinforce rate hike conviction* German bond yields bounce off lows on ECB loan plan* Gap between U.S.-German yields near 11-year high (Updates prices)By John GeddieLONDON, Nov 23 (Reuters) - European shares dipped and German bond yields briefly touched record lows on Wednesday, a contrast with the buoyant mood on Wall Street as in...Read More

* European stocks fail to match Wall Street records* Fed minutes to reinforce rate hike conviction* German bond yields hit lows despite strong data* Oil prices fall on OPEC deal doubtsBy John GeddieLONDON, Nov 23 (Reuters) - Financial markets showed the diverging path of U.S. and euro zone monetary policy on Wednesday with Wall Street breaking new ground and the dollar perched near a 14-year high,...Read More

Investing.com - Gold prices edged higher on Wednesday as the dollar hovered below almost 14-year highs against a currency basket as investors awaited the release of minutes from the Federal Reserve's policy meeting earlier this month.Gold for December delivery on the Comex division of the New York Mercantile Exchange were at $1,212.9 a troy ounce, holding above the lows of $1,201.30 set on Friday,...Read More

We got the very sad news today, Nov. 22, 2015, that Dave McGowan passed away from cancer at 12:47 p.m. - Truth and ShadowsWe missed the anniversary of McGowan's death, which was yesterday, but he was one helluva a writer, exposing in brief books the"directed history" of the modern era. So, we'll remember him today. We've written about him before, here.He died of an extremely aggressive form of l...Read More

To silence dissidents, Gulf states are revoking their citizenship Many are left stateless as a result. - The EconomistThe Economist "newspaper" is worried that nations are beginning to use passports as a way to punish people that leaders don't like.This article focuses mainly on the Middle East, especially Bahrain, which the article calls an "energetic stripper."More here:Bahrain's ... Sunni ro...Read More

We got the very sad news today, Nov. 22, 2015, that Dave McGowan passed away from cancer at 12:47 p.m. - Truth and ShadowsWe missed the anniversary of McGowan's death, which was yesterday, but he was one helluva a writer, exposing in brief books the"directed history" of the modern era. So, we'll remember him today. We've written about him before, here.He died of an extremely aggressive form of l...Read More

To silence dissidents, Gulf states are revoking their citizenship Many are left stateless as a result. - The EconomistThe Economist "newspaper" is worried that nations are beginning to use passports as a way to punish people that leaders don't like.This article focuses mainly on the Middle East, especially Bahrain, which the article calls an "energetic stripper."More here:Bahrain's ... Sunni ro...Read More

Commodities are back in favour, boosting oil producers and miners after their annus horribilis of 2015. The Bloomberg Commodity Index is set for its biggest three-day advance since June, led by gains in oil and industrial metals.Read moreRead More

Canada's Ivanhoe Mines (TSX:IVN) and its joint-venture partner Zijin Mining Group are transferring an additional 15% interest in their Kamoa-Kakula copper project to the DRC's government.Deal increases Congo's stake in the project, which Ivanhoe believes it could prove to be Africa's most significant copper deposit ever found, to 20%.The deal increases Congo's stake in the project, which Ivanhoe b...Read More