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

Polishing cloth"The desire for gold is the most universal and deeply rooted commercial instinct of the human race." So said Gerald M. Loeb, founding partner of Wall Street brokerage E.F. Hutton & Co. and "the most quoted man on Wall Street" according to Forbes, in his 1935 book The Battle for Investment Survival.Investors seem to agree, of late; spot gold today rose to its highest levels since Nov...Read More

Developments in Qatar will be closely watched. Energy is the root cause of all Middle East wars. After Qatar, Oman will be left. Oman could also start turning into a Yemen from next year. The so called energy war in the Middle East is a joint effort by the Saudi's and NATO to make new nations including expansion of Israel. Iran is a powerful nation and also has the support of Russia. The Syrian...Read More

Developments in Qatar will be closely watched. Energy is the root cause of all Middle East wars. After Qatar, Oman will be left. Oman could also start turning into a Yemen from next year. The so called energy war in the Middle East is a joint effort by the Saudi's and NATO to make new nations including expansion of Israel. Iran is a powerful nation and also has the support of Russia. The Syrian...Read More

Maps shape our understanding of the world - and in an increasingly interconnected and global economy, this geographic knowledge is more important than ever.The funny thing is, almost everyone actually has a skewed perception of the true size of countries thanks to a cartographic technique called the Mercator projection. Used just about everywhere, from textbooks to Google Maps, the Mercator projec...Read More

Maps shape our understanding of the world - and in an increasingly interconnected and global economy, this geographic knowledge is more important than ever.The funny thing is, almost everyone actually has a skewed perception of the true size of countries thanks to a cartographic technique called the Mercator projection. Used just about everywhere, from textbooks to Google Maps, the Mercator projec...Read More

Why is Gold Up is the wrong question. We should be asking: Why isn't Gold higher? The answer to that question will likely come when the Fed decides to hike or not hike next week. And how Gold reacts. If you believe like us that what the Fed does is mattering less and less, than a hike will be a dip to buy. Gold is becoming focused more and more on the longer term problems enveloping...Read More

Gold futures on Tuesday posted the highest close since early November, with analysts pinning the gain in part on haven investment demand sparked by Mideast tensions. Gold for August delivery GCQ7, -0.19% rose by $14.80, or 1.2%, to settle at $1,297.50 an ounce. Prices extended their streak of gains into a third-consecutive session and finished at the highest for a most-active contract since Nov....Read More

On Tuesday, the return of the safe haven buyer and a weaker US dollar combined to lift the metal to its highest level since the election of Donald Trump on November 8.Gold futures in New York for delivery in August, the most active contract, touched a high of $1,298.80, up more than 1% in heavy volume of more than 24m ounces. Gold is up 12.8% so far in 2017.Gold's recovery - up $80 an ounce in l...Read More

President Donald Trump's proposed budget has generated hysteria among the American left. Prominent progressives have accused the president and his allies of wanting to kill children, senior citizens, and other vulnerable Americans. The reaction of the president's allies - including some conservatives who should know better - is equally detached from reality as they hail Trump for launching a major...Read More

Polyus PJSC is selling shares worth at least $700 million as Russia's largest gold producer seeks to meet Moscow's stock-listing rules and raise cash.At least 7 percent of the company will be offered through a combination of new and existing shares owned by billionaire Suleiman Kerimov's family, according to a statement on Monday. Some of the shares will be traded as global depository receipts on...Read More

Zambia's copper output will climb by about 4 percent to a record this year as operators near a resolution with government over power prices, according to the Chamber of Mines in Africa's second-biggest producer of the metal.Production will increase to about 800,000 metric tons, said Nathan Chishimba, president at the lobby group. That would be higher than the 770,600 tons mined last year, and exce...Read More

On Tuesday, the return of the safe haven buyer and a weaker US dollar combined to lift the metal to its highest level since the election of Donald Trump on November 8.Gold futures in New York for delivery in August, the most active contract, touched a high of $1,298.80, up more than 1% in heavy volume of more than 24m ounces, before pairing some gains in afternoon trade. Gold is up 12.8% so far i...Read More

The latest highlights included 13m at 9.7g/t Au, which contained the headline intersection; 2m at 12.4g/t Au from 3m depth - also at Lena; and 2m at 10.3g/t from the Break of Day prospect.Musgrave has released a string of high-grade intercepts in recent months, sending its share price towards A$0.10 (US$0.07/share) in April, and it expects to complete a new resource estimate in July.Lena's existin...Read More

Indian conglomerate Adani Group has decided to go ahead with its $12 billion (A$16bn) Carmichael coal mine and rail project in Queensland, Australia, one of the world's largest thermal coal mines approved in recent years.The decision comes only days after the conglomerate agreed to pay the state hefty royalties on the coal produced there and follows years of opposition to the project by organizati...Read More

Unsurprisingly, gold stocks have remained firmly in favour as global markets exude caution, in the wake of the London terror attacks, escalating tension in the Middle East, and just days from the UK election and testimony from former FBI head James Comey.The spot gold price rose above US$1,285 an ounce earlier today and has been described as being "within striking distance" of the key $1,300 mark....Read More

Canadian bullion producer IAMGOLD Corp. (TSX IMG), (NYSE: IAG) is selling a 30% interest in its C??t?(C) Gold project, located in the Abitibi gold belt in Ontario, to Japan's Sumitomo Metal Mining in a deal worth $195 million.As part of the transaction, the Japanese miner - the Asian nation's No. 1 gold producer - will become IAMGOLD's partner in the project, which is currently in its pre-feas...Read More

Canadian bullion producer IAMGOLD Corp. (TSX IMG), (NYSE: IAG) is selling a 30% interest in its C??t?(C) Gold project, located in the Abitibi gold belt in Ontario, to Japan's Sumitomo Metal Mining in a deal worth $195 million.As part of the transaction, the Japanese miner - the Asian nation's No. 1 gold producer - will become IAMGOLD's partner in the project, which is currently in its pre-feas...Read More

China Shenhua rose on the back of media reporting noting the company is engaged in talks with fellow energy giant, GD Power (CH:600795) to merge some its existing assets in a move to capitalise on China's burgeoning energy demand. Grupo Mexico (BMV:GMEXICOB) was the worst performing miner as copper's mixed performance did little to provide investors with a sense of optimism for the near term.The...Read More

Investing.com - Gold prices rose to their highest level in more than six weeks in European trade on Tuesday, as investor sentiment remained skewed toward safe-haven assets ahead of testimony from the former FBI director and British elections later this week.Comex gold futures rose to a session peak of $1,292.09 a troy ounce, a level not seen since April 19. It was last at $1,290.61 by 2:45AM ET (0...Read More

Bolton, Ontario - Titanium Transportation Group Inc. (TSX-V:TTR) ("Titanium" or the "Company") announced today its intention to implement a share purchase plan (the "Plan") for eligible employees and Titanium's eligible truck owner operators (collectively, "Participants") pending shareholder approval at the Company's upcoming Annual and Special Meeting on June 13, 2017. The Plan will allow Part...Read More