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

Populism Is Not Fascism But It Could Be a Harbinger ... Right-wing populism-indeed, populism of any kind-is a symptom of democracy in trouble; fascism and other revolutionary movements are the consequence of democracy in crisis. But if governments do not do more to address the many social and economic problems the United States and Europe currently face, if mainstream politicians and parties don...Read More

Populism Is Not Fascism But It Could Be a Harbinger ... Right-wing populism-indeed, populism of any kind-is a symptom of democracy in trouble; fascism and other revolutionary movements are the consequence of democracy in crisis. But if governments do not do more to address the many social and economic problems the United States and Europe currently face, if mainstream politicians and parties don...Read More

Investing.com - Gold prices fell to five month lows on Friday as risk appetite recovered following Donald Trump's victory in the U.S. presidential election, sapping investor demand for safe haven assets.Gold for December delivery on the Comex division of the New York Mercantile Exchange settled down 3.10% at $1,227.15 a troy ounce, the lowest close since March 6.Market sentiment was boosted by opt...Read More

Billionaire Globalist Soros Exposed as Hidden Hand Behind Trump Protests - Provoking US 'Color Revolution' ... Billionaire globalist financier George Soros' MoveOn.org has been revealed to be a driving force behind the organizing of nationwide protests against the election of Donald Trump - exposing the protests to largely be an organized, top-down operation - and not an organic movement of conc...Read More

Billionaire Globalist Soros Exposed as Hidden Hand Behind Trump Protests - Provoking US 'Color Revolution' ... Billionaire globalist financier George Soros' MoveOn.org has been revealed to be a driving force behind the organizing of nationwide protests against the election of Donald Trump - exposing the protests to largely be an organized, top-down operation - and not an organic movement of conc...Read More

While gold's initial rally following Donald Trump's victory in the US presidential elections have evaporated, the rally in industrial metals continued on Friday with the copper price jumping to a 17-month high.In pre-regular hours trade on Friday copper for delivery in December gained 4% from Thursday's close trading as high as $2.6525 per pound ($5,847 a tonne) in New York, the highest sin...Read More

* Emerging markets hit by surging U.S. yields* Italy leads European bond slide* Copper above $6,000, best week in decadesBy Jamie McGeeverLONDON, Nov 11 (Reuters) - The global bond market rout continued on Friday, driving up Italian yields and hammering emerging markets as investors feared higher U.S. interest rates under incoming President Donald Trump will spark capital outflows from these asset...Read More

Investing.com - Gold prices dropped to fresh four-week lows on Friday, as market sentiment continued to improve amid growing optimism surrounding the effects of a Trump presidency on the U.S. economy.On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were down 0.71% at $1,257.35.The December contract ended Thursday's session 0.56% lower at $1,266.40 an ou...Read More

(Adds futures)Nov 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher 8 points on Friday, according to financial bookmakers, with futures FFIc1 up 0.04 percent ahead of the cash market open.* The UK blue chip index fell 1.2 percent on Thursday, breaking a three-day climb and retreating from its highest level since late October as gold miners and defensive stocks slipped amid expec...Read More

* Nikkei soars 2.8 pct on the week* Non-ferrous metal stocks higher on rising copper price* Nikkei trims gains on profit-takingBy Ayai TomisawaTOKYO, Nov 11 (Reuters) - Japan's Nikkei stood firmer on Friday, not far a nine-month high, as investors took profit after markets rose on hopes that President-elect Donald Trump's policies could boost growth.The Nikkei .N225 gained 0.2 percent to 17,374.79...Read More

Nov 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 8 points on Friday, according to financial bookmakers.* The UK blue chip index fell 1.2 percent on Thursday, breaking a three-day climb and retreating from its highest level since late October as gold miners and defensive stocks slipped amid expectations of a big U.S. economic stimulus based on President-elect Donald Trump's pled...Read More

* Non-ferrous metal stocks higher on rising copper price* Nikkei trims gains in mid-morning trade* Hopes Trump policies could boost U.S. growthBy Ayai TomisawaTOKYO, Nov 11 (Reuters) - Japan's Nikkei share average rose to a nine-month peak on Friday morning led by financials taking heart from rising yields, and sentiment was boosted after U.S. shares soared on hopes that President-elect Donald Tru...Read More

* Tech weakness weighs on Wall Street* Bond yields continue to rise* Dollar strength weighs on oil, gold (Adds close of U.S. markets, oil settlement prices)By Chuck MikolajczakNEW YORK, Nov 10 (Reuters) - A rally in major world stock markets lost some steam on Thursday despite a continued surge in bank shares, as investors reassessed positions, while U.S. bond yields continued to climb on the like...Read More

* Tech weakness weighs on Wall Street* Bond yields continue to rise* Dollar strength weighs on oil, gold (Adds close of European markets)By Chuck MikolajczakNEW YORK, Nov 10 (Reuters) - A rally in major world stock markets lost some steam on Thursday as investors reassessed positions after a rally in the prior session, while U.S. bond yields continued to climb on fears of a revival in inflation un...Read More

Trump: I'm Reopening 9/11 Investigation ... "First of all, the original 9/11 investigation is a total mess and has to be reopened," Trump said ... Donald Trump believes that 9/11 has not been properly investigated and has promised to find out what really happened when he takes office in January. Donald Trump's plans for his first 100 days in office are raising eyebrows around the world, but of a...Read More

Trump: I'm Reopening 9/11 Investigation ... "First of all, the original 9/11 investigation is a total mess and has to be reopened," Trump said ... Donald Trump believes that 9/11 has not been properly investigated and has promised to find out what really happened when he takes office in January. Donald Trump's plans for his first 100 days in office are raising eyebrows around the world, but of a...Read More

South Africa's Harmony Gold (JSE:HAR) (NYSE:HMY), the world's fifth largest producer of the precious metal, has kicked off its 2017 financial year on a good note, reporting increased production, stronger cash flows and the payment of a shareholder dividend.The company, which is also South Africa's third-largest gold miner, said revenue jumped by 16% to $374 million when compared to the previou...Read More

Operations at Hudbay Minerals' (TSX, NYSE:HBM) Constancia copper-molybdenum mine in Peru remained suspended Thursday as a group of locals that has occupied parts of the pit since Monday evening refuse to leave the site.The trespassing by the crowd of about a thousand, according to local paper La Republica (in Spanish), forced Hudbay to temporarily suspend operations as a safety measure to protect...Read More

While the gold price has given up much of its initial surge following Donald Trump's victory in the US presidential elections, staying stuck below $1,300 early on Thursday, the rally in industrial metals were only gaining momentum.In pre-regular hours trade on Thursday copper for delivery in December jumped more than 10 cents from Wednesday trading as high as $2.5910 per pound ($5,712 a tonne...Read More

* Tech weakness weighs on Wall Street* Bond yields continue to rise* Dollar strength weighs on oil, gold (Updates to U.S. market open; changes byline, dateline; previous LONDON)By Chuck MikolajczakNEW YORK, Nov 10 (Reuters) - A rally in major world stock markets stalled on Thursday as investors reassessed positions after Tuesday's U.S. presidential election, while U.S. bond yields continued to cli...Read More