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

In early trade on Wednesday copper for delivery in December slipped from one-month highs with copper futures exchanging hands for $2.1550 per pound ($4,750 a tonne).While other industrial metals and steelmaking raw materials have jumped in value this year, the bellwether metal is trading flat year to date. The metal hit six year lows in January following a 26% decline in 2015.BHP Billiton, the wor...Read More

A new report by the Conference Board of Canada states that the Yukon's economy is facing the bleakest near-term outlook in the country. A slowdown in production at Capstone Mining Corporation's Minto copper mine means that the territory will have no large-scale mining operations by mid-2017. "The slump in mineral and metal prices and difficulty in getting financing have led to mine shutdowns and n...Read More

Latin America's mining sector is finally recovering from an economic downturn brought by almost two years of sustained slump in commodity prices. But growth in the region won't be led by the usual favourites, such as Chile, but by two of the countries that have steadily fallen out of favour with investors as of late - Peru and Brazil.According to the latest analysis by BMI Research, Peru's signifi...Read More

Hillary vs. the Hate Machine: How Clinton Became a Vessel for America’s Fury … Decades of right-wing attacks turned a crusader of women’s rights into a major target of hate “The underlying thing about Clinton and her candidacy is it’s not normal. Normal is a male candidate, a male voice, a male tie." -Rolling StoneThis article in Rolling Stone makes it clear that Hi...Read More

Hillary vs. the Hate Machine: How Clinton Became a Vessel for America’s Fury … Decades of right-wing attacks turned a crusader of women’s rights into a major target of hate “The underlying thing about Clinton and her candidacy is it’s not normal. Normal is a male candidate, a male voice, a male tie." -Rolling StoneThis article in Rolling Stone makes it clear that Hi...Read More

Vancouver-based Tintina Resources (CVE:TAU) has just re-submitted its mine operating permit application for the Black Butte Copper project in Montana, US.The company had presented an initial application to the state's Department of Environmental Quality (DEQ) in December of 2015, but three months later received a 60-page deficiency notice.The move comes about six months after Montana's environm...Read More

Top publicly-held copper producer Freeport-McMoRan Copper & Gold (NYSE:FCX) in May announced the sale of its largest African copper mine to China Molybdenum (CMOC) for up to $2.65 billion.The Democratic Republic of Congo's state-owned Gecamines controls 20% of the high-grade Tenke Fungurume copper and cobalt mine.Lundin Mining (TSX:LUN) indirectly owns 24% which includes a right of first offer...Read More

Zinc is the best performing base metal so far this year and measured from its six-year low struck mid-January today's $2,280 a tonne zinc prize is up 55%.Zinc's prospects brightened considerably after the shutdown of two major mines last year - Australia's Century and the Lisheen mine in Ireland. The two mines had a combined output of more than 630,000. The shuttering of top zinc producer Glen...Read More

In Super Wednesday’s central bank double-header, the Federal Reserve’s show may be an afterthought to the Bank of Japan’s performance. In a case of unusual timing, both the BOJ and the Fed will announce the outcomes of their monetary policy meetings on Wednesday. While the two major central banks frequently meet in the same week, a same-day announcement was unusual. The BOJ s...Read More

What Hillary Clinton’s email scandal is really about, explained with a cartoon … It's a constant source of news coverage, particularly in conservative outlets, where it’s turned into vessel for a larger message: that Clinton can’t be trusted. -VoxVox has written an article that minimizes suspicion about Hillary Clinton's larger transgressions regarding her "email scandal" w...Read More

In Super Wednesday’s central bank double-header, the Federal Reserve’s show may be an afterthought to the Bank of Japan’s performance. In a case of unusual timing, both the BOJ and the Fed will announce the outcomes of their monetary policy meetings on Wednesday. While the two major central banks frequently meet in the same week, a same-day announcement was unusual. The BOJ s...Read More

What Hillary Clinton’s email scandal is really about, explained with a cartoon … It's a constant source of news coverage, particularly in conservative outlets, where it’s turned into vessel for a larger message: that Clinton can’t be trusted. -VoxVox has written an article that minimizes suspicion about Hillary Clinton's larger transgressions regarding her "email scandal" w...Read More

World's second largest miner Rio Tinto (ASX, LON:RIO) injected some much-needed optimism in the markets Monday by saying that while China's short-term demand remains difficult to read, the long-term outlook is looking much brighter than a few months ago.Figures out of China, Rio Tinto's and most mining companies' biggest consumer, show that factory output, investment and retail sales all exceeded...Read More

Harmony Gold (NYSE:HMY)(JSE:HAR), South Africa's third-largest producer of the precious metal, has become the sole owner of the Hidden Valley mine in Papua New Guinea after partner Australia's Newcrest Mining (ASX:NCM) agreed to sell its 50% stake in the joint venture.Harmony will now assume all liabilities and expenses related to the gold and silver operation, including rehabilitation costs and r...Read More

We Just Got Some Fantastic Economic News About Middle-Class Families ... America’s long, slow, and frustrating economic recovery hit an important milestone last year, as middle-class incomes rose for the first time since the Great Recession. According to the latest annual analysis from the Census Bureau, real median household incomes jumped by a surprisingly strong 5.2 percent in 2015, which...Read More

Help American Workers. Pass TPP ... Hillary Clinton and Donald Trump have both said they will oppose the Trans-Pacific Partnership, a trade pact between the U.S. and 11 nations negotiated by the Obama administration and signed in February. But their views shouldn't matter much, because the issue should never get to the next president's desk. Congressional consideration of the agreement has been de...Read More

We Just Got Some Fantastic Economic News About Middle-Class Families ... America’s long, slow, and frustrating economic recovery hit an important milestone last year, as middle-class incomes rose for the first time since the Great Recession. According to the latest annual analysis from the Census Bureau, real median household incomes jumped by a surprisingly strong 5.2 percent in 2015, which...Read More

Help American Workers. Pass TPP ... Hillary Clinton and Donald Trump have both said they will oppose the Trans-Pacific Partnership, a trade pact between the U.S. and 11 nations negotiated by the Obama administration and signed in February. But their views shouldn't matter much, because the issue should never get to the next president's desk. Congressional consideration of the agreement has been de...Read More

In January 2016, Cashel Meagher was appointed Hudbay Minerals' senior vice president and chief operating officer, in charge of the company's international operating teams and responsible for business development, technical services, exploration and corporate social responsibility.Prior to his new role, Meagher was Hudbay's vice president, South America business unit from 2011 to 2015, where he led...Read More

Rick Rule says investors should be buying gold, silver, platinum and palladium."Many of our clients are still underweight physical precious metals," said Rule, President and CEO Sprott U.S. Holdings, in an interview with Andrew Nelson."We are urging those clients to position themselves either in the physical precious metals themselves or preferably in the 3 Sprott Physical Precious Metal Trusts, t...Read More