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
Gold price hit another high this week – how can you invest? - The WeekGold didn't just have a good week, it's having a good year.Gold prices have moved up significantly since May 2014 and gained even more momentum since the beginning of 2016. Gold is the best performing major asset class this year.A spate of positive articles in the mainstream media regarding the progress of both gold an...Read More
Hillary Clinton Plays Trump Perfectly As GOP Nominee Flip Flops On Terror Watch List Gun Ban ... Hillary Clinton is perfectly pulling Trump’s strings as presumptive GOP nominee announced that he is flip-flopping and now supporting a bill that would prohibit people on the terror watch list from legally buying guns. – PoliticoAccording to this Politico article, Donald Trump has decided...Read More
The U.S. Federal Reserve kept interest rates unchanged on Wednesday and signaled it still planned to raise rates twice in 2016, though it said slower economic growth would crimp the pace of monetary policy tightening in future years. The central bank’s decision to stick with its 2016 rate path, however, appeared shakier, with six of its 17 policymakers projecting just one increase this yea...Read More
China’s Supercollider Higgs Factory Will Be Twice The Size Of CERN’s Large Hadron Collider ... China could soon rival Europe and the U.S. as a global leader in the field of particle physics. The world’s most populous country now also aims to build the world’s most powerful supercollider to have a better understanding of the Higgs boson, the so-called god-particle. -Tech T...Read More
Hillary Clinton Plays Trump Perfectly As GOP Nominee Flip Flops On Terror Watch List Gun Ban ... Hillary Clinton is perfectly pulling Trump’s strings as presumptive GOP nominee announced that he is flip-flopping and now supporting a bill that would prohibit people on the terror watch list from legally buying guns. – PoliticoAccording to this Politico article, Donald Trump has decided...Read More
The U.S. Federal Reserve kept interest rates unchanged on Wednesday and signaled it still planned to raise rates twice in 2016, though it said slower economic growth would crimp the pace of monetary policy tightening in future years. The central bank’s decision to stick with its 2016 rate path, however, appeared shakier, with six of its 17 policymakers projecting just one increase this yea...Read More
China’s Supercollider Higgs Factory Will Be Twice The Size Of CERN’s Large Hadron Collider ... China could soon rival Europe and the U.S. as a global leader in the field of particle physics. The world’s most populous country now also aims to build the world’s most powerful supercollider to have a better understanding of the Higgs boson, the so-called god-particle. -Tech T...Read More
A resurgent copper price saw investors returning to the biggest names in mining on Wednesday with the world's top listed producer of the red metal leading the charge.In mid-day New York trade on Wednesday copper for delivery in July jumped 3.8% exchanging hands for $2.1190 a pound ($4,672 a tonne) as it recovers from four-month lows hit last week. Copper is now also back to breakeven for the...Read More
Bayan Khundii project went from greenfield prospect to being Erdene's flagship asset in roughly nine months. (Image courtesy of Erdene Resources)Canada's Erdene Resource (TSX:ERD), one of the very few miners to never have encountered issues in Mongolia, has seen its shares soar in the last few months after the company hit the jackpot with a new multi-ounce gold discovery in the country's southwest...Read More
DoubleLine’s Gundlach says ‘central banks are losing control’ ... Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Tuesday investors are dropping risky assets and turning to safer securities including Treasuries and gold because they are losing faith in central banks. -ReutersThere is definitely considerable negativity about central banking in the mainstre...Read More
Clinton hits Trump for pushing ‘conspiracy theories’ ... Clinton, who spoke from a union hall, hit Trump for being simplistic on fighting terrorism Clinton also turned her focus to Trump’s most controversial idea: Banning Muslims from entering the United States ... [She accused] the presumptive Republican nominee of peddling “lies” because “he has to distrac...Read More
Lessons of Hiroshima ring again in Orlando … Thomas Friedman says we as a nation must address the moral implications as technology gives us more power to destroy move lives … I want to talk today about the horrific human tragedy of Orlando. But first I want to talk about Hiroshima – or, more precisely, the profound speech that President Barack Obama gave there …. -New Yo...Read More
Is it conceivable that the planet's most vilified company could be the one that feeds it? That, in short, is precisely what Monsanto hopes it can do. "They believe they're feeding the world, and there's no other good way," Connelly says. "Confidence that they're doing the right thing has blinded them to the fact that they need to be out there defending it." – FortuneAs usual, Monsanto is t...Read More
DoubleLine’s Gundlach says ‘central banks are losing control’ ... Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Tuesday investors are dropping risky assets and turning to safer securities including Treasuries and gold because they are losing faith in central banks. -ReutersThere is definitely considerable negativity about central banking in the mainstre...Read More
Clinton hits Trump for pushing ‘conspiracy theories’ ... Clinton, who spoke from a union hall, hit Trump for being simplistic on fighting terrorism Clinton also turned her focus to Trump’s most controversial idea: Banning Muslims from entering the United States ... [She accused] the presumptive Republican nominee of peddling “lies” because “he has to distrac...Read More
Lessons of Hiroshima ring again in Orlando … Thomas Friedman says we as a nation must address the moral implications as technology gives us more power to destroy move lives … I want to talk today about the horrific human tragedy of Orlando. But first I want to talk about Hiroshima – or, more precisely, the profound speech that President Barack Obama gave there …. -New Yo...Read More
Is it conceivable that the planet's most vilified company could be the one that feeds it? That, in short, is precisely what Monsanto hopes it can do. "They believe they're feeding the world, and there's no other good way," Connelly says. "Confidence that they're doing the right thing has blinded them to the fact that they need to be out there defending it." – FortuneAs usual, Monsanto is t...Read More
CLICK HERE FOR MINING.COM'S UPDATED TOP 50 MINING COMPANIES RANKING PwC's latest report into the performance of the world's 40 largest mining companies shows just what a watershed year 2015 was.The management consultants' Mine 2015 report shows the top 40 companies suffering their first collective net loss in history ($27 billion), a decline in collective market capitalization of 37% (to below...Read More
Ancient miners lacked modern tools, which means that important amounts of gold, silver and other valuable minerals are very likely to still lie beneath the surface, including a few unknown to them such as platinum and palladium. (Image via Pixabay)Egypt's ancient gold mines are guiding modern miners towards a vast amount of minerals deposits, worth hundreds of billions of dollars, the country is...Read More
Ancient miners lacked modern tools, which means that important amounts of gold, silver and other valuable minerals are very likely to still lie beneath the surface, including a few unknown to them such as platinum and palladium. (Image via Pixabay)Egypt's ancient gold mines are guiding modern miners towards a vast amount of minerals deposits, worth hundreds of billions of dollars, the country is...Read More