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
Angela Merkel's Vice Chancellor Stuns, Declares Germany's 'Energiewende' To Be On 'The Verge Of Failure' … The green energy orgy in Germany is over. The music has stopped and the wine that once flowed freely has long run out. The green energy whores and pimps can go home. In a stunning admission by Germany's Economics Minister and Vice Chancellor to Angela Merkel,...Read More
Regulatory Costs Are World's No. 10 Economy … After years of rapid growth during the Obama administration, the cost of federal regulations is now bigger than the entire economies of all but nine countries in the world. That's according to the latest annual report on the regulatory state issued by the free-market Competitive Enterprise Institute, titled "Ten Thousand Commandments...Read More
Angela Merkel's Vice Chancellor Stuns, Declares Germany's 'Energiewende' To Be On 'The Verge Of Failure' … The green energy orgy in Germany is over. The music has stopped and the wine that once flowed freely has long run out. The green energy whores and pimps can go home. In a stunning admission by Germany's Economics Minister and Vice Chancellor to Angela Merkel,...Read More
An online Risorgimento … "IF WE want things to stay as they are, things will have to change." The words, uttered by a Sicilian aristocrat on the eve of Italian unification in Giuseppe Tomasi di Lampedusa's classic "The Leopard", neatly sum up the sentiment at NETmundial. The big internetgovernance powwow held in São Paulo on April 23rd-24th brought together 1,2...Read More
Monsanto and Big Food Losing the GMO and 'Natural' Food Fight … Food and farm activists in Vermont, backed by a growing movement across the country, are on the verge of a monumental victory – mandatory labels on genetically engineered foods and a ban on the routine industry practice of labeling GMO-tainted foods as "natural." – HuffingtonPostDominant Social Them...Read More
An online Risorgimento … "IF WE want things to stay as they are, things will have to change." The words, uttered by a Sicilian aristocrat on the eve of Italian unification in Giuseppe Tomasi di Lampedusa's classic "The Leopard", neatly sum up the sentiment at NETmundial. The big internetgovernance powwow held in São Paulo on April 23rd-24th brought together 1,2...Read More
Monsanto and Big Food Losing the GMO and 'Natural' Food Fight … Food and farm activists in Vermont, backed by a growing movement across the country, are on the verge of a monumental victory – mandatory labels on genetically engineered foods and a ban on the routine industry practice of labeling GMO-tainted foods as "natural." – HuffingtonPostDominant Social Them...Read More
Immigration Overhaul for 2014: Decidedly Not Dead … A bipartisan overhaul of immigration, considered dead in the water just a few weeks ago, is not only alive, according to the House Republican leading efforts to broker a deal — it's gaining steam. Rep. Mario Diaz-Balart, R-Fla., told CQ Roll Call that pro-rewrite calls earlier this week from two Illinois Republicans, Reps. Adam Ki...Read More
Why the Obamacare fight never ends … "I know every American isn't going to agree with this law," President Barack Obama said about the Affordable Care Act at his April 17 news briefing, "but I think we can agree that it's well past time to move on." The Republican response? Same as General Anthony McAuliffe's reply when the German army demanded that U.S. force...Read More
Immigration Overhaul for 2014: Decidedly Not Dead … A bipartisan overhaul of immigration, considered dead in the water just a few weeks ago, is not only alive, according to the House Republican leading efforts to broker a deal — it's gaining steam. Rep. Mario Diaz-Balart, R-Fla., told CQ Roll Call that pro-rewrite calls earlier this week from two Illinois Republicans, Reps. Adam Ki...Read More
Why the Obamacare fight never ends … "I know every American isn't going to agree with this law," President Barack Obama said about the Affordable Care Act at his April 17 news briefing, "but I think we can agree that it's well past time to move on." The Republican response? Same as General Anthony McAuliffe's reply when the German army demanded that U.S. force...Read More
Why even $1M may not be enough for retirement … You've been saving like a miser to get ready for retirement. You've pinched pennies, kept that last car for what seems like an eternity. And now you've banked a cool $1 million for your retirement years. Think you're set? Well, you very well might be. Then again, you still might be short. … "The good news is there are...Read More
A Top Hospital Opens Up to Chinese Herbs as Medicines … Christina Lunka appeared nervous and excited as she sat in the Chinese herbal therapy center recently opened by the Cleveland Clinic. The 49-year-old had been to many doctors seeking help for ongoing issues that included joint pain and digestive problems. Now the Kirtland, Ohio, resident was hoping to find relief through herbal remedies...Read More
Why even $1M may not be enough for retirement … You've been saving like a miser to get ready for retirement. You've pinched pennies, kept that last car for what seems like an eternity. And now you've banked a cool $1 million for your retirement years. Think you're set? Well, you very well might be. Then again, you still might be short. … "The good news is there are...Read More
A Top Hospital Opens Up to Chinese Herbs as Medicines … Christina Lunka appeared nervous and excited as she sat in the Chinese herbal therapy center recently opened by the Cleveland Clinic. The 49-year-old had been to many doctors seeking help for ongoing issues that included joint pain and digestive problems. Now the Kirtland, Ohio, resident was hoping to find relief through herbal remedies...Read More
Shares in Cayden Resources (CVE:CYD) jumped 9% on Thursday in brisk trade after releasing maiden results from from its Pe??a de Oro target at its El Barque??o property in Jalisco State, Mexico.In afternoon trade the Vancouver-based junior was changing hands at $1.86, up 5.7% on the Toronto Exchange, off its $1.92 high for the day. Around 190,000 shares in the $87.8 million company had traded, almo...Read More
Bundy Standoff Is A Fox News Costume Drama … One thing about that mangy posse of anti-government crackpots camped out at Cliven Bundy's place in the Nevada desert: Most don't know a thing about cattle ranching. See, it's calving season across most of the country … While the BLM was wise not to confront the mob, the current triumphalism among far-right zealots can't be s...Read More
The Privatization Backlash … For decades, city and state governments have seen contracting as a cost-saving panacea. But past experience has left some of today's policymakers more skeptical … – The AtlanticDominant Social Theme: Free markets are failures.Free-Market Analysis: The Atlantic magazine has discovered that "privatization" doesn't work.Of course, priva...Read More
Bundy Standoff Is A Fox News Costume Drama … One thing about that mangy posse of anti-government crackpots camped out at Cliven Bundy's place in the Nevada desert: Most don't know a thing about cattle ranching. See, it's calving season across most of the country … While the BLM was wise not to confront the mob, the current triumphalism among far-right zealots can't be s...Read More
The Privatization Backlash … For decades, city and state governments have seen contracting as a cost-saving panacea. But past experience has left some of today's policymakers more skeptical … – The AtlanticDominant Social Theme: Free markets are failures.Free-Market Analysis: The Atlantic magazine has discovered that "privatization" doesn't work.Of course, priva...Read More