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

Observing that “copyright is not a divine right”, the Delhi high court on Friday allowed Delhi University to issue photocopies of major textbooks published by leading publishers. The Justice held that the act of students getting books copied from DU’s library or its authorised photocopy shop enjoys protection under Section 52 of the Copyright Act, which exempts education from cop...Read More

Observing that “copyright is not a divine right”, the Delhi high court on Friday allowed Delhi University to issue photocopies of major textbooks published by leading publishers. The Justice held that the act of students getting books copied from DU’s library or its authorised photocopy shop enjoys protection under Section 52 of the Copyright Act, which exempts education from cop...Read More

The Natural Resources Defense Council just ran a celebratory ad on Politico.com, after the World Conservation Congress voted almost unanimously to oppose the Pebble Mine proposed for Bristol Bay, Alaska.Pebble Limited Partnerships, whose parent company is Vancouver-based Northern Dynasty Minerals, is the firm behind the large scale gold, copper, and molybdenum mine that contains over $300 billion...Read More

Striking miners began returning to work at Anglo American's (LON:AAL) flagship Los Bronces copper mine in Chile on Friday, after two unions accepted the latest wage offer presented by management.The impact of the one-week stoppage was not immediately assessed by Anglo American, which said it would unveil that in its upcoming quarterly results, local daily La Tercera (in Spanish) reports.Hennie Fa...Read More

Despite optimism brought by the ongoing recovery in commodity prices and the mining potential of sub-Saharan Africa, operational challenges and regulatory uncertainty in the region will keep a lead on its resources sector until at least 2020, a new report shows.According BMI Research's latest outlook for the region, risks such as disruption sin the supply chain, labour unrest and intermittent pow...Read More

Warren: Next Administration Should Probe, Maybe Jail Wall Street Bankers ... In trying to reopen the investigation, she's telegraphing her new Senate tactics-and sending a message to Hillary Clinton. -BloombergWarren wants to jail Wall Street bankers but she should apply her energy and eloquence to getting rid of the monopoly Fed and judicial decisions that prop up corporate America.Without the a...Read More

She wasn't always like this ... No, Hillary Rodham Clinton was once willing to share her deepest thoughts and feelings, as she did in a 1993 speech on "the politics of meaning," delivered as her father lay dying, in which she said the country was suffering "a sleeping sickness of the soul," and urged her fellow citizens "to remold society by redefining what it means to be a human being in the 20th...Read More

Warren: Next Administration Should Probe, Maybe Jail Wall Street Bankers ... In trying to reopen the investigation, she's telegraphing her new Senate tactics-and sending a message to Hillary Clinton. -BloombergWarren wants to jail Wall Street bankers but she should apply her energy and eloquence to getting rid of the monopoly Fed and judicial decisions that prop up corporate America.Without the a...Read More

She wasn't always like this ... No, Hillary Rodham Clinton was once willing to share her deepest thoughts and feelings, as she did in a 1993 speech on "the politics of meaning," delivered as her father lay dying, in which she said the country was suffering "a sleeping sickness of the soul," and urged her fellow citizens "to remold society by redefining what it means to be a human being in the 20th...Read More

Canada's Lundin Mining (TSX:LUN) shares were trading moderately higher Thursday after the company announced it had been granted a two week extension to bid on Freeport-McMoRan's (NYSE:FCX) stake in the Tenke Fungurume copper and cobalt mine, in Congo.The Toronto-based miner originally had until today to decide whether to allow Freeport-McMoRan to proceed with the agreed sale of it stake in Tenk...Read More

Canada's Barrick Gold Corp (TSX, NYSE:ABX) confirmed Thursday a new spill at its Veladero mine in the San Juan province of Argentina and said it has temporarily suspended operations pending further inspections of the mine's heap leach area.The fresh spill happened on Sep. 8, when a pipe carrying process solution in the heap leach area was struck by a large block of ice that had rolled down the he...Read More

Billionaire businessman Mark Cuban, a fierce supporter of Hillary Clinton, said the Democratic nominee’s recent health episode is being overblown. “It’s not crazy, it’s lazy,” he told Business Insider in a Monday interview regarding coverage of Clinton’s pneumonia. -Business InsiderIt's a battle of memes and elite dispensers are growing irritated and increasin...Read More

A giant problem The rise of the corporate colossus threatens both competition and the legitimacy of business ... DISRUPTION may be the buzzword in boardrooms, but the most striking feature of business today is not the overturning of the established order. It is the entrenchment of a group of superstar companies at the heart of the global economy. -The EconomistThe Economist provides pre-eminent...Read More

Billionaire businessman Mark Cuban, a fierce supporter of Hillary Clinton, said the Democratic nominee’s recent health episode is being overblown. “It’s not crazy, it’s lazy,” he told Business Insider in a Monday interview regarding coverage of Clinton’s pneumonia. -Business InsiderIt's a battle of memes and elite dispensers are growing irritated and increasin...Read More

A giant problem The rise of the corporate colossus threatens both competition and the legitimacy of business ... DISRUPTION may be the buzzword in boardrooms, but the most striking feature of business today is not the overturning of the established order. It is the entrenchment of a group of superstar companies at the heart of the global economy. -The EconomistThe Economist provides pre-eminent...Read More

A new report by BMI Research, a Fitch company, shows despite South Africa's many setbacks and challenges the country will continue to dominate mining in sub-Sahara Africa.BMI says outlook for mineral production, trade and consumption will vary significantly across the region with C??te d'Ivoire and the Democratic Republic of Congo (DRC) recording the strongest economic growth rates due to a combin...Read More

Peru's copper output jumped to 207,867 mt in July of 2016, an almost 30% growth from last year's production of 155,313 million tonnes, recent data published by the country's Energy and Mines Ministry shows (in Spanish).The surge, said authorities, was driven by increased activity at different sites: Antamina, Freeport-McMoRan's Cerro Verde mine, Glencore's Antapaccay, Chinalco's Toromocho, Hu...Read More

BriefTrump Says Janet Yellen Is Keeping Interest Rates Low So President Obama Can Play Golf ... After months of surprising restraint, Donald Trump has finally started spewing conspiracy theories about the Federal Reserve. -SlateSlate writers and editors seem to believe criticism of central banking is "conspiracy theory." Specifically Donald Trump's criticism made a few days ago that Yellen is hold...Read More

'Crazies' Will Undermine the U.S. System ... Former Fed chief doesn't spell out whom he is referring to Says economic and political environment is worst he's seen ... Former Federal Reserve Chairman Alan Greenspan voiced concern that the U.S. economic and political system could be undermined by what he called "crazies." - BloombergOnce again we observe a meme we've been covering, populism versus g...Read More

BriefTrump Says Janet Yellen Is Keeping Interest Rates Low So President Obama Can Play Golf ... After months of surprising restraint, Donald Trump has finally started spewing conspiracy theories about the Federal Reserve. -SlateSlate writers and editors seem to believe criticism of central banking is "conspiracy theory." Specifically Donald Trump's criticism made a few days ago that Yellen is hold...Read More