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

(Adds futures, company news items)June 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 21 points at 7541, on Thursday, according to financial bookmakers, with futures FFIc1 0.33 percent higher ahead of the cash market open.* POLL: Prime Minister Theresa May could lose control of parliament in Britain's June 8 election, according to a projection by polling company YouGov, raising th...Read More

June 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 21 points at 7541, on Thursday, according to financial bookmakers.* POLL: Prime Minister Theresa May could lose control of parliament in Britain's June 8 election, according to a projection by polling company YouGov, raising the prospect of political turmoil just as formal Brexit talks begin. BARCLAYS: Barclays BARC.L will sell...Read More

Startup societies are disrupting the industry called government. New methods of governance are being experimented with that promise to make the old dinosaurs of social control go extinct.When new governments are formed, people can vote with their feet for the best style of governance.If people want to join a commune, they can go right ahead, but they won’t be able to force others into the mi...Read More

Startup societies are disrupting the industry called government. New methods of governance are being experimented with that promise to make the old dinosaurs of social control go extinct.When new governments are formed, people can vote with their feet for the best style of governance.If people want to join a commune, they can go right ahead, but they won’t be able to force others into the mi...Read More

A new energy scenarios report identifies a critical need for large-scale investment and regional integration to unlock greater economic potential and mitigate risks for the energy sector in Latin America and the Caribbean.The World Energy Council has identified that if the Latin American & the Caribbean (LAC) region is to achieve a sustainable economic growth of 2.7% to 2060, an effective system o...Read More

May 31 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India ( CRISIL (NS:CRSL)) for local debt instruments as of May 30, 2017. COMPANYINSTRUMENTRATINGAMOUNT MOVEMENT(RS.MLN) --------------------------- --------- SHORT TERM RATINGS: ------------------- AbacusBGCRISIL A411Reaffirmed(Issuer NotCooperating) Adnan TradersPacking CreditCRISIL A470Reaffirmed Adnan Trad...Read More

Investing.com - Gold prices held steady on Wednesday, amid mounting expectations for a U.S. rate hike next month as investors awaited the release of key U.S. employment data later in the week.On the Comex division of the New York Mercantile Exchange, gold futures for June delivery were steady at $1,262.48.The June contract ended Thursday's session 0.47% lower at $1,262.10 an ounce.Futures were lik...Read More

(Adds company news items, futures)May 31 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 8 points at 7,535 on Wednesday, according to financial bookmakers, with futures FFIc1 up 0.2 percent ahead of the cash market open.* IG GROUP: IG Group Holdings Plc IGG.L , a British online trading company, said it expected full-year pretax profit and earnings to be "modestly" ahead of last year,...Read More

May 31 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 8 points at 7535 on Wednesday, according to financial bookmakers.* INDIVIOR: British drugmaker Indivior Plc INDV.L said on Tuesday it applied for a new drug application to the U.S. Food and Drug Administration to market its drug to treat opioid use disorder (OUD). ANTOFAGASTA: Chilean mining company Antofagasta Minerals ANTO.L...Read More

Mining will commence in July at the Urquhart bauxite project in far north Queensland. The Queensland company, LCR Group, is the main contractor.Although very small, the development of Urquhart reflects growing confidence about the outlook for bauxite, the feedstock for aluminium.Aluminium prices have increased by over one-third since late 2015.According to mining consultancy firm, CRU, "China's gr...Read More

After twelve months building momentum (with a big wobble in the middle) hedge funds bullish bets on commodities hit at a record high in February this year.Turns out the smart money was too optimistic about the strength and length of China's economic recovery and the timing and scale of US stimulus under new leadership.Prices went sideways for the better part of a year even as bullish positions con...Read More

May 30 (Reuters) - Hindalco Industries Ltd HALC.NS , India's biggest producer of aluminium and copper, posted a 26 percent rise in fourth-quarter profit as revenue from operations increased on higher base metal prices.Profit rose to 5.03 billion rupees ($77.82 million) in the quarter ended March 31, from 4 billion rupees a year earlier, Hindalco said on Tuesday. on average had expected the compa...Read More

Investing.com - Gold prices were steady after touching a fresh four week high in European trade on Tuesday as European geopolitical fears sapped risk appetite, underpinning safe haven demand for the precious metal.Comex gold futures dipped 86 cents, or 0.07%, to $1,267.51 a troy ounce by 07.15 GMT after rising to $1,270.32 earlier, the highest since May 1. Meanwhile, spot gold was at $1,267.81.Als...Read More

A bad credit score can be quite the hardship in America. But can you imagine a bad social credit score? China is implementing social credit scores that will influence the types of schooling, jobs, and housing available to citizens.The population will also have the chance to review and affect their neighbors’ and acquaintances’ scores. They will be ranked in order to decide who gets w...Read More

A bad credit score can be quite the hardship in America. But can you imagine a bad social credit score? China is implementing social credit scores that will influence the types of schooling, jobs, and housing available to citizens.The population will also have the chance to review and affect their neighbors’ and acquaintances’ scores. They will be ranked in order to decide who gets w...Read More

Workers at Barrick Gold's (TSX, NYSE:ABX) Veladero mine in Argentina on Sunday embarked on an unplanned strike over better working conditions, but suspended the labour action 35 hours later as talks to end the dispute continue.A total of 2,500 were involved and a spokesperson for the union representing 1,500 members at the mine, Argentina's biggest gold operation, said workers "returned to work a...Read More

Jack Lifton, Founding Principal of Technology Metals Research, LLC, took the time to speak with SmallCapPower at Mines and Money New York, explaining how he believes recycling is essential to ensure adequate global cobalt supply, yet thinks cobalt could already be in a "death spiral."Read More

Investing.com - Gold prices were little changed near a four-week high in European trade on Monday, as the latest ballistic missile test by North Korea supported safe-haven demand.Comex gold futures shed 60 cents, or less than 0.1%, to $1,267.47 a troy ounce by 3:00AM ET (0700GMT). Meanwhile, spot gold was at $1,267.59.Prices of the yellow metal ended Friday's session up almost 1%, after touching i...Read More

Investing.com - Gold prices rose to one-month highs on Friday as economic and political uncertainty underpinned safe haven demand for the precious metal.Gold for June delivery closed up 0.82% at $1,266.65 on the Comex division of the New York Mercantile Exchange. For the week, the precious metal was up 1.16%.Gold remained higher even as the dollar firmed up after data showing that the U.S. economy...Read More

Imagine you are in a book club. For a few years, it was great, you liked the books and the discussion with members. But then, the club started reading steamy romance novels that you just weren’t into and would not entertain your opinions for other material. Finally, when you can’t relate to the discussion on the texts anymore, you decide to leave the club.But then, the book club Presid...Read More