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

Ratings agency Moody's on Tuesday changed its outlook for Anglo American's credit rating recognizing the world's fifth largest diversified miner's "rapid progress in negotiating material asset sales, a higher than expected valuation for the sale of the niobium and phosphate businesses, and improving prospects for the global diamond market."In February Moody's downgraded Anglo's debt to junk status...Read More

Mining and metals investors were rushing for the exits on Tuesday on fears that the China-inspired rally on commodity markets in 2016 was losing steam.The sell-off led by comeback story Anglo-American, and punters' favourites Freeport-McMoran and Teck Resources, came after a gauge of manufacturing activity in China unexpectedly fell back in April.After recovering sharply to a more-than-a-year...Read More

Risk, from a mathematical perspective, is the probability of an event multiplied by its potential impact.The World Risk Report, which is published each year, looks at the risks of natural disasters in this way. The model used in the report takes into consideration the exposure of countries to natural disasters, but also their ability to cope and deal with such events. The end result is a World R...Read More

With sales and operations at the ends of the earth, few companies are in a better position to take the pulse of the global economy and the resource sector in particular than Caterpillar.The new line of "smart" equipment will be able to communicate, instantly, how it's performing, and what might need fixing soon.The world's number one heavy equipment manufacturer has been hit hard by the decline i...Read More

Shares of Teck Resources Ltd. have almost tripled this year, making the Canadian company the best-performing global miner amid the rebound in commodity prices and a projected fivefold improvement in earnings.The price of Teck's three main products have surged, with metallurgical coal leading and zinc a close second. Until recently, copper had lagged the pack but gains last week have narrowed the...Read More

Leaked papers show 'unsurprising' TTIP disagreements: Dutch trade minister BusinessEurope May 2, 2016 The lack of agreement between the US and Europe on a controversial trade agreement is unsurprising, Dutch trade minister Lilian Ploumen said on Monday. The minister was commenting on the leak of confidential negotiating documents relating to the Transatlantic Trade and Investment Partnership...Read More

But I have to say, it's great, it looks like you're really enjoying your last year of the presidency. Saw you hanging out with NBA players like Steph Curry, Golden State Warriors. That was cool. That was cool, yeah. You know it kinda makes sense, too, because both of you like raining down bombs on people from long distances, right? What? Am I wrong? – Larry Wilmore at the White House corresp...Read More

Was it a blip, or a breakthrough? Scientists around the globe are revved up with excitement as the world's biggest atom smasher - best known for revealing the Higgs boson four years ago - starts whirring again to churn out data that may confirm cautious hints of an entirely new particle. Such a discovery would all but upend the most basic understanding of physics, experts say. -Washington PostHe...Read More

Leaked papers show 'unsurprising' TTIP disagreements: Dutch trade minister BusinessEurope May 2, 2016 The lack of agreement between the US and Europe on a controversial trade agreement is unsurprising, Dutch trade minister Lilian Ploumen said on Monday. The minister was commenting on the leak of confidential negotiating documents relating to the Transatlantic Trade and Investment Partnership...Read More

But I have to say, it's great, it looks like you're really enjoying your last year of the presidency. Saw you hanging out with NBA players like Steph Curry, Golden State Warriors. That was cool. That was cool, yeah. You know it kinda makes sense, too, because both of you like raining down bombs on people from long distances, right? What? Am I wrong? – Larry Wilmore at the White House corresp...Read More

Was it a blip, or a breakthrough? Scientists around the globe are revved up with excitement as the world's biggest atom smasher - best known for revealing the Higgs boson four years ago - starts whirring again to churn out data that may confirm cautious hints of an entirely new particle. Such a discovery would all but upend the most basic understanding of physics, experts say. -Washington PostHe...Read More

DENVER, May 2, 2016 - Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) today marked its 95th anniversary since its official incorporation on May 2, 1921."This anniversary is a testament to Newmont's enduring success. Then as now, our leadership is rooted in our high quality people and portfolio, our proven strategy, and our track record of meeting commitments. Our 95th year is an oc...Read More

Taseko Mines (TSX:TKO), the owner of Canada's second largest copper-molybdenum mine, is calling shareholders to vote against a dissident group leading a bitter proxy battle against some of the company's key directors.Raging River acquired 5% of Taseko's common shares in January this year.Last month, the shareholder group - collectively known as Raging River Capital LP - launched a lawsuit in BC Su...Read More

Scott Minerd, global chief investment officer of Guggenheim Partners, said on Wednesday it is a good time to dip into U.S. Treasuries in the wake of their sell-off. “It is impossible to get the timing of anything exactly right. You have to ask yourself, ‘Are you a speculator or an investor?'” -ReutersPuerto Rico is about to default on bond obligations today, but some of the l...Read More

The world will run out of fresh drinking water by 2050 because of the Western world's meat centered diet, according to a secret report just released on WikiLeaks. Nestle executives, concerned about the company's future in a world threatened by climate change ... discovered that high meat consumption is depleting the world's fresh water supply. – InquisitrThe Nestle report dates back to 20...Read More

Overall, the ongoing rise in supply would be adequate to satisfy the growth in oil demand in 2H14, resulting in a well-balanced market – OPEC Forecast, June 2014 (right before oil price collapse)Oil prices have plummeted 70 percent from highs in June 2014 and not many upstream oil and gas operations are making money. – Omar Mawji, OilPrice.com, May 2015 In the first half of 2014, it wa...Read More

Scott Minerd, global chief investment officer of Guggenheim Partners, said on Wednesday it is a good time to dip into U.S. Treasuries in the wake of their sell-off. “It is impossible to get the timing of anything exactly right. You have to ask yourself, ‘Are you a speculator or an investor?'” -ReutersPuerto Rico is about to default on bond obligations today, but some of the l...Read More

The world will run out of fresh drinking water by 2050 because of the Western world's meat centered diet, according to a secret report just released on WikiLeaks. Nestle executives, concerned about the company's future in a world threatened by climate change ... discovered that high meat consumption is depleting the world's fresh water supply. – InquisitrThe Nestle report dates back to 20...Read More

Overall, the ongoing rise in supply would be adequate to satisfy the growth in oil demand in 2H14, resulting in a well-balanced market – OPEC Forecast, June 2014 (right before oil price collapse)Oil prices have plummeted 70 percent from highs in June 2014 and not many upstream oil and gas operations are making money. – Omar Mawji, OilPrice.com, May 2015 In the first half of 2014, it wa...Read More

Shares in Freeport-McMoRan (NYSE:FCX) rocketed 10.7% on Friday, boosted by a firm oil and copper price, better than expected financial results and good operational news from its South American mines.Volumes were simply massive with more than 74 million shares changing hands on the day, making it the third most actively traded stock on the New York Stock Exchange.The Phoenix-based company, world...Read More