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

When we think of the mining industry, you immediately think big. Big mounds of earth being moved. Big machines. Big money. Big companies. Big owners. Big, big, big, big. Even what's considered a small mine' is still massive when you consider the scheme of elements being moved, production figures and the machinery operated relative to the everyday rise and grind of regular business. But in an indus...Read More

Canada's mining sector got a shot in the arm in the first three months of 2016, recording gains that outperformed both the Toronto Stock Exchange and the London Metals Exchange in the period, a new report shows.The welcome bonanza, says Ernst & Young, was fuelled mainly by recovering gold prices, which rallied 16% in the first quarter of the year, after falling about 10% in 2015.The Canadian Mini...Read More

Russia has no plans to deliver US astronauts to ISS after 2018 - US wants ISS program extended through to 2024 - Russia has no intention of concluding more contracts for delivering US astronauts to the International Space Station after 2018, the deputy chief of the state-run corporation Roscosmos, Sergey Saveliev, has told the media.Maybe the Russians don't want to participate anymore because NA...Read More

No One Hates the IRS More Than House Republicans ... Pity John Koskinen, who agreed to take one of the worst jobs in America and is now being punished for it. In 2013, President Barack Obama asked Koskinen to take over at the Internal Revenue Service amid budgetary chaos, deteriorating morale and a simmering scandal. House Republicans are now trying to impeach him. – BloombergWe don't pi...Read More

Russia has no plans to deliver US astronauts to ISS after 2018 - US wants ISS program extended through to 2024 - Russia has no intention of concluding more contracts for delivering US astronauts to the International Space Station after 2018, the deputy chief of the state-run corporation Roscosmos, Sergey Saveliev, has told the media.Maybe the Russians don't want to participate anymore because NA...Read More

No One Hates the IRS More Than House Republicans ... Pity John Koskinen, who agreed to take one of the worst jobs in America and is now being punished for it. In 2013, President Barack Obama asked Koskinen to take over at the Internal Revenue Service amid budgetary chaos, deteriorating morale and a simmering scandal. House Republicans are now trying to impeach him. – BloombergWe don't pi...Read More

Peruvian President Ollanta Humala has declared a 60-day state of emergency in a large remote area of the Amazon jungle as levels of mercury from illegal gold mining have reached record high levels.According to country's environment minister, as many as 50,000 people or 41% of the population of the gold-rich Madre de Dios region, bordering Brazil, has been exposed to mercury contamination.Even chi...Read More

The Awakening Will Continue Regardless of This Year's Election ... Every four years the public gets all riled up over the outcome of the presidential election, projecting all their expectations and visions for a better tomorrow on to a candidate in the hopes that they will swoop in and save the day. However, the reality is that the outcome of the presidential election has little to no effect on th...Read More

Four Ways to Think About the Economy ... I see four different schools of thought about how the economies of the U.S. and much of the developed world should be managed. The challenge for the Federal Reserve and other central bankers is that it’s hard to know who’s right. -BloombergThe author of this article proposes a series of unique, economic "schools."The first, he says, are "neutral...Read More

Curry house owner jailed for six years after customer dies from nut allergy ... Paul Wilson’s parents Margaret and Keith said he loved curry but was always clear with staff about his allergy, asking for his meals not to contain any peanuts ... Businesses have been warned to take allergies seriously after a restaurateur was imprisoned for six years for killing a customer by selling him a curr...Read More

Obama is visiting Japan to meet with world economic leaders this week, and he plans to stop at Hiroshima Peace Memorial Park and deliver remarks about war and nuclear proliferation. The visit, preceded by similar visits by U.S. Ambassador Caroline Kennedy and Secretary of State John Kerry, is controversial ... -LA TimesThree top politicians from the US have recently visited Hiroshima. Obama's u...Read More

The Awakening Will Continue Regardless of This Year's Election ... Every four years the public gets all riled up over the outcome of the presidential election, projecting all their expectations and visions for a better tomorrow on to a candidate in the hopes that they will swoop in and save the day. However, the reality is that the outcome of the presidential election has little to no effect on th...Read More

Four Ways to Think About the Economy ... I see four different schools of thought about how the economies of the U.S. and much of the developed world should be managed. The challenge for the Federal Reserve and other central bankers is that it’s hard to know who’s right. -BloombergThe author of this article proposes a series of unique, economic "schools."The first, he says, are "neutral...Read More

Curry house owner jailed for six years after customer dies from nut allergy ... Paul Wilson’s parents Margaret and Keith said he loved curry but was always clear with staff about his allergy, asking for his meals not to contain any peanuts ... Businesses have been warned to take allergies seriously after a restaurateur was imprisoned for six years for killing a customer by selling him a curr...Read More

Obama is visiting Japan to meet with world economic leaders this week, and he plans to stop at Hiroshima Peace Memorial Park and deliver remarks about war and nuclear proliferation. The visit, preceded by similar visits by U.S. Ambassador Caroline Kennedy and Secretary of State John Kerry, is controversial ... -LA TimesThree top politicians from the US have recently visited Hiroshima. Obama's u...Read More

Workers at BHP Billiton's (ASX, NYSE: BHP) Spence copper mine in northern Chile, the world's largest producer of the metal, have begun a 24-hour strike, a union representative said Monday, citing slow progress in labour talks.Strike comes on the heels of BHP's recent announcement that it's studying a $2.2 billion investment to expand the operation.The action follows two other one-day protests at t...Read More

How corporate America bought Hillary Clinton for $21M … Hillary Clinton has amassed a huge fortune through shady speaking engagements given to some of the most powerful corporations in the world. - NY PostAs we've followed the coverage of Hillary Clinton, we've pointed out the negatives continue to mount for her in the mainstream media.Over the weekend and late last week that trend hasn't ch...Read More

The right kind of reform ... America's next president should modernise the Federal Reserve system ... Perhaps it was inevitable in the aftermath of the worst financial crisis in almost a century, but America is boiling over with schemes to remake the Federal Reserve ... The Fed is not broken, but it is anachronistic. -EconomistThe Economist is on a roll - in the wrong way.We recently wrote about...Read More

Conditions for a rate increase by the Federal Reserve are “on the verge of broadly being met,” Eric Rosengren, president of the Federal Reserve Bank of Boston, told the Financial Times ... According to an article on Sunday, Rosengren told the FT he was getting ready to back tighter monetary policy as economic and financial indicators had become more positive. -ReutersThe more you fin...Read More

Get cozy in Montana with this decked out 245 square-foot tiny home ... What this rustic and quaint tiny home lacks in square footage, it makes up for in d?(C)cor and location. Set in extremely rural land alongside Skalkaho Creek in Hamilton, Montana, this 245 square-foot home looks like something straight out of Pinterest. -AOL EditorsThe tiny house movement is similar to the tiny apartment...Read More