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

Amid a broad rally in mining and metals, the red metal's performance has been lacklustre managing only a 2.2% gain in 2016, following a drop of 26% last year.Chile is responsible for nearly 30% of the world's primary output of copper, with annual production of some 5.8 million tonnes.In August, Chile's Codelco said it may soon change its focus from cost reductions to output cuts, with the chief...Read More

Schieffer: Presidential Debate 'Was Just Disgraceful' ... Bob Schieffer was not a fan of Sunday night's presidential debate. -CBSBob Schieffer, CBS news contributor and former "Face the Nation" host made news for calling the most recent presidential debate "disgraceful."But the debate was more predictable than disgraceful.In fact, the entire presidential election is predictable. It is the outc...Read More

Schieffer: Presidential Debate 'Was Just Disgraceful' ... Bob Schieffer was not a fan of Sunday night's presidential debate. -CBSBob Schieffer, CBS news contributor and former "Face the Nation" host made news for calling the most recent presidential debate "disgraceful."But the debate was more predictable than disgraceful.In fact, the entire presidential election is predictable. It is the outc...Read More

World Finance Officials Pledge More Resources to Aid Growth … World finance leaders pledged Saturday to use more resources to try to bolster economic gains as they confront stubbornly slow growth and a rising backlash against globalization. The policy committee for the 189-nation International Monetary Fund said the world has “benefited tremendously from globalization” but that...Read More

World Finance Officials Pledge More Resources to Aid Growth … World finance leaders pledged Saturday to use more resources to try to bolster economic gains as they confront stubbornly slow growth and a rising backlash against globalization. The policy committee for the 189-nation International Monetary Fund said the world has “benefited tremendously from globalization” but that...Read More

Caught on tape making shockingly crude comments about a married woman he tried to seduce, Donald Trump reeled under widespread condemnation Friday ... Donald Trump declared in a midnight video, "I was wrong and I apologize." Yet even as he did so, he claimed the astonishing recording was "nothing more than a distraction" and argued his words were not nearly as egregious as former President Bill Cl...Read More

Caught on tape making shockingly crude comments about a married woman he tried to seduce, Donald Trump reeled under widespread condemnation Friday ... Donald Trump declared in a midnight video, "I was wrong and I apologize." Yet even as he did so, he claimed the astonishing recording was "nothing more than a distraction" and argued his words were not nearly as egregious as former President Bill Cl...Read More

"There is a real risk that the plaintiffs could not be provided with justice in Eritrea," said Justice Patrice Abrioux in a ruling that allows three refugees to proceed with a civil lawsuit against Vancouver-based Nevsun Resources.In an unprecedented decision, the British Columbia Supreme Court rejected the miner's request to dismiss the case and allow it to proceed in the African country. "Canadi...Read More

Plan Nord has long been touted as the catalyst to unlock the economic potential of Quebec's vast north and kick-start much-needed investment in the area's remote communities. Despite the uncertainty around global metal prices, Quebec Premier Philippe Couillard has thrown his support behind a project that has the potential to be transformational for the north of his province. The scale of investmen...Read More

Via Daily Bell Staff If there's a golden rule for central bankers in the 21st century, this is it: Seek clarity and avoid uncertainty. A central bank's target should be clear. The data it uses should be known. The analysis it conducts on that data should be comprehensible. And, certainly, politics should have nothing to do with its decisions. Yet across the world, central bankers are struggl...Read More

Via Daily Bell Staff If there's a golden rule for central bankers in the 21st century, this is it: Seek clarity and avoid uncertainty. A central bank's target should be clear. The data it uses should be known. The analysis it conducts on that data should be comprehensible. And, certainly, politics should have nothing to do with its decisions. Yet across the world, central bankers are struggl...Read More

During the final days of 2014 Canada's minister of the environment gave the green light to Seabridge Gold's KSM project in northern British Columbia, the world's largest undeveloped gold-copper project by reserves.The federal and provincial environmental assessment process took nearly seven-years and KSM was only the second metal mine in five years to receive approval.A new preliminary economic i...Read More

Inventors Who Invented Water-Powered Cars, but were Killed or Forced to End Their Work ... With all the talk and rhetoric these days, about global climate change, it is worthy to mention the works of some alternative scientists in the automobile industry. Of course, we all know that the so-called scientific community is being controlled by a hidden interest. The purpose of this article is to let...Read More

Inventors Who Invented Water-Powered Cars, but were Killed or Forced to End Their Work ... With all the talk and rhetoric these days, about global climate change, it is worthy to mention the works of some alternative scientists in the automobile industry. Of course, we all know that the so-called scientific community is being controlled by a hidden interest. The purpose of this article is to let...Read More

Gold's slide may be hurting sentiment and uranium and potash prices seem to be plumbing new depts every week, but 2016 is still a banner year for mining and metals.Gold is just hanging onto bull market status with a 20.1% improvement since the start of the year, but recent weakness has seen platinum and palladium drop 8.5% and 7.4% from highs reached in August. With a 47% or $220 an ounce gain f...Read More

Chile's Codelco, the world's top copper miner, has once again made drastic changes to its ambitious five-year investment plan as falling copper prices continue to dry up the company's earnings.The state-owned miner, which faces what its chief executive Nelson Pizarro recently called its "worst crisis ever" since created in 1976, has decided to reduce its investment budget by $2.25 billion, local n...Read More

Base metals have also enjoyed a stand-out 2016 with across the board gains year-to-date. Measured from recent lows which mostly occurred at the end of 2015 and in January and February this year the recovery in prices this year is even more impressive.While bellwether copper has also been lacklustre adding only 1.5% in 2016, zinc is the top performer for the year with a 49% gain since January and t...Read More

World's No. 1 mining company BHP Billiton (ASX, NYSE:BHP) (LON:BLT) is going all out for its petroleum business, planning to invest as much as $5 billion in that unit as well as mulling potential acquisitions thanks recovering oil prices and the firm's efforts to lower costs.The company has renewed expansion plans for its oil business as a recovery in crude prices and reduction in costs makes...Read More

 Backlash to World Economic Order Clouds Outlook at IMF Talks … Policy-making elites converge on Washington this week for meetings that epitomize a faith in globalization that's at odds with the growing backlash against the inequities it creates. From Britain's vote to leave the European Union to Donald Trump's championing of "America First," pressures are mounting to roll back the ec...Read More

Pew: Most Americans Don't Believe in 'Scientific Consensus' on Climate Change ... Nearly three-quarters of Americans don't trust that there is a large "scientific consensus" amongst climate scientists on human behavior being the cause of climate change, according to an in-depth survey on "the politics of climate" released Tuesday by Pew Research Center. - CNSPerhaps one reason to publish this sur...Read More