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

Ten years ago this Saturday, a global mining gem slipped out of Canadian fingers.On Sept. 24, 2006, Canadian nickel miner Inco agreed to be bought by Brazil's Vale in a $19-billion takeover. The announcement of the acquisition came just weeks after fellow nickel giant Falconbridge was acquired by Xstrata of Switzerland (now part of Glencore) in an $18-billion deal. The previous year, Falconbridge...Read More

Inside the Final Hours of Debate Prep for Hillary Clinton and Donald Trump ... After more than a year of wall-to-wall campaigning, the outcome of the 2016 election could hinge on 90 unpredictable minutes Monday night in Hempstead, N.Y. The first presidential debate between Hillary Clinton and Donald Trump is expected to be the most watched in history, with perhaps 100 million viewers tuning in f...Read More

Besieged Globalists Ponder What Went Wrong ... Until recently, you didn't hear people being referred to as "globalist" very often. But in a time of rising nationalism, those who see the upside of globalism have become a distinct - and often embattled - tribe. - New York TimesNo. Untrue. Everything we understand about globalism leads us to believe that its "embattled" nature is by design.Globalis...Read More

Inside the Final Hours of Debate Prep for Hillary Clinton and Donald Trump ... After more than a year of wall-to-wall campaigning, the outcome of the 2016 election could hinge on 90 unpredictable minutes Monday night in Hempstead, N.Y. The first presidential debate between Hillary Clinton and Donald Trump is expected to be the most watched in history, with perhaps 100 million viewers tuning in f...Read More

Besieged Globalists Ponder What Went Wrong ... Until recently, you didn't hear people being referred to as "globalist" very often. But in a time of rising nationalism, those who see the upside of globalism have become a distinct - and often embattled - tribe. - New York TimesNo. Untrue. Everything we understand about globalism leads us to believe that its "embattled" nature is by design.Globalis...Read More

The Mining Stock Report is pleased to announce the launch of a new Radio program on the VoiceAmerica Business Channel, premiering on October 14, 2016Read full newsRead More

A cave-in at a copper and silver mine owned by KGHM Polska Miedz SA in Poland has resulted in two deaths and one serious injury. The injured worker was hospitalized.According to a company spokesperson, the incident occurred on Friday night at the Polkowice-Sieroszowice mine when part of a ceiling collapsed.Fatalities at KGHM's mines and copper mills in Poland this year have now reached six, sa...Read More

Caterpillar, the world's No.1 heavy machinery maker, injected some much-needed optimism in the global mining industry this weekend by saying it is finally seeing growing signs of improvement.The Peoria, Illinois-based company, which held a special press event before the upcoming MINExpo in Las Vegas, revealed it has had more discussions about potential sales in recent months than in the last two...Read More

Canada's Ivanhoe Mines announced results from another sixteen holes of the ongoing 2016 drilling campaign at the Kakula Discovery on the company's Tier One Kamoa Copper Project -a joint venture with China's Zijin Mining- near Kolwezi, in the Democratic Republic of Congo. According to Ivanhoe, the latest results reinforce the exceptional grades and shallow, flat-lying geometry of the Kakula mineral...Read More

Fresh proof the FBI's Hillary email probe was a joke ... Yet another surprise revelation suggests strongly that the FBI's probe of Hillary Clinton's e-mail mess was anything but a by-the-book investigation. House Oversight Committee Chairman Jason Chaffetz (R-Utah) said he learned only Friday that the Justice Department gave immunity deals to Clinton's former chief of staff, Cheryl Mills, and tw...Read More

Fresh proof the FBI's Hillary email probe was a joke ... Yet another surprise revelation suggests strongly that the FBI's probe of Hillary Clinton's e-mail mess was anything but a by-the-book investigation. House Oversight Committee Chairman Jason Chaffetz (R-Utah) said he learned only Friday that the Justice Department gave immunity deals to Clinton's former chief of staff, Cheryl Mills, and tw...Read More

Vancouver-based Casino Mining Corp., a subsidiary of Western Copper and Gold, and Selwyn Chihong Mining Ltd., have signed a memorandum of understanding with Calgary-based Ferus Natural Gas Fuels Inc. to build a $200 million LNG plant in Fort Nelson, British Columbia.The idea is to power the Casino copper-gold mine in the Yukon using LNG instead of diesel to reduce costs and eliminate 140,000 ton...Read More

After a more than three years slump, 2016 has brought much-needed relief for the mining industry.With a couple of exceptions - notably potash and uranium - the gains in metals and minerals prices have been broad-based and substantial. The rally in coal and iron ore surprised even the most ardent bulls, while crude oil's recovery has helped to underpin prices for most raw materials.In the last bea...Read More

Time to Privatize Immigration ... The West, it's obvious, faces a migration crisis. Across the aging, stagnating economies of the developed world, citizens are revolting against what many perceive as an uncontrolled influx of foreigners. The U.S. apart, most of these economies are also facing a prolonged crisis of growth. Under other circumstances, the solution would be obvious: restore vitality b...Read More

Time to Privatize Immigration ... The West, it's obvious, faces a migration crisis. Across the aging, stagnating economies of the developed world, citizens are revolting against what many perceive as an uncontrolled influx of foreigners. The U.S. apart, most of these economies are also facing a prolonged crisis of growth. Under other circumstances, the solution would be obvious: restore vitality b...Read More

ISIS’ Virtual Puppeteers How They Recruit and Train “Lone Wolves” ... The Islamic State (also known as ISIS) has taken a beating on the battlefield throughout 2016. U.S. officials estimate that the group has lost half of its territory in Iraq and roughly 20 percent in Syria, including key supply routes from Turkey that had been vital to the group's inflow of foreign fighters. A...Read More

Monetarists Are Out of Ideas ... Steve Williamson of the Federal Reserve Bank of St. Louis for the past three years or so has been trying to convince the macroeconomics world to consider a bold new theory — that central bank policy works in reverse, and that low interest rates cause low inflation. This is an idea sometime referred to as Neo-Fisherism. -BloombergThis article examines the theo...Read More

A heavily divided Federal Reserve left short-term interest rates unchanged but said the case for a rate increase "has strengthened", in a strong signal that a move is likely before the end of the year … Three out of 10 of the US central bank's rate-setters voted against the decision, and called for an immediate increase. But the Fed said that for the time being it wanted to keep policy on h...Read More

ISIS’ Virtual Puppeteers How They Recruit and Train “Lone Wolves” ... The Islamic State (also known as ISIS) has taken a beating on the battlefield throughout 2016. U.S. officials estimate that the group has lost half of its territory in Iraq and roughly 20 percent in Syria, including key supply routes from Turkey that had been vital to the group's inflow of foreign fighters. A...Read More

Monetarists Are Out of Ideas ... Steve Williamson of the Federal Reserve Bank of St. Louis for the past three years or so has been trying to convince the macroeconomics world to consider a bold new theory — that central bank policy works in reverse, and that low interest rates cause low inflation. This is an idea sometime referred to as Neo-Fisherism. -BloombergThis article examines the theo...Read More