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

Whether directly or indirectly, the CIA and U.S. government were certainly involved in creating ISIS.Indirectly, weapons were supplied to rebel forces in Syria, who turned out to be ISIS, among other rebel groups.But it is more than likely that the CIA created ISIS directly, just as it funded Al-Qaeda in the 1980’s to fight the Soviets. Then there are the green screen beheadings staged on w...Read More

Courtesy of: Visual CapitalistWhether we're discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.There are many examples of strong and mutually-beneficial trade relationships all throughout history, but one doesn't have to look far back to find what could be considered...Read More

* STOXX up 0.7 pct; DAX at record high, CAC at 9-year peak* More than 80 pct of European firms beat revenues so far* Banks led higher by HSBC jump* Oil stocks turn lower as crude prices slump* Well-received earnings boost InBev, Andritz, Ferrari (NYSE:RACE) (Adds details, closing pries)By Danilo Masoni and Kit ReesMILAN, May 4 (Reuters) - European shares powered ahead on Thursday as earnings, ec...Read More

(Updates trading, changes comment, dateline; previous LONDON)* European shares at 20-month high after upbeat data, earnings* Copper hits four-month lowBy Rodrigo CamposNEW YORK, May 4 (Reuters) - Crude oil prices continued to fall on Thursday, erasing the gains made since a production cut deal last November, while the euro strengthened against the U.S. dollar as a pro-European Union centrist looke...Read More

* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVh* European shares at 20-month high after upbeat data, earnings* Dollar holds gains after Fed downplays slower Q1 growth* Chances of Fed rate hike in June jump to 72 percent* Asia stocks lower, after subdued Wall Street* U.S. House expected to vote on Obamacare repeal bill on Thursday* Oil below $50 on smaller-than-expected U.S. inventory de...Read More

* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVh* Dollar holds gains after Fed downplays slower Q1 growth* Chances of Fed rate hike in June jump to 72 percent* European markets at 20 month high* Asia stocks lower, after subdued Wall Street, Europe performance* U.S. House expected to vote on Obamacare repeal bill on Thursday*Oil slips on smaller-than-expected U.S. inventory declineBy Marc...Read More

(Adds company news, futures)May 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 16 points higher on Thursday, according to financial bookmakers, with futures FFIc1 up 0.5 percent ahead of the cash market open.* ROYAL DUTCH: Royal Dutch Shell RDSa.L reported a sharp rise in net profit on Thursday, ahead of analyst forecasts and supported by stronger oil prices and improved refining mar...Read More

Investing.com - Gold prices dropped to a six-week low in European morning trade on Thursday, adding to overnight losses after the Federal Reserve left the door open to raising interest rates in June.Comex gold futures sank to a session low of $1,234.80 a troy ounce, a level not seen since March 21. It was last at $1,235.70 by 2:55AM ET (06:55GMT), down $12.80, or about 1%. Meanwhile, spot gold was...Read More

May 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 16 points higher on Thursday, according to financial bookmakers.* BHP: Australia warned on Thursday that a push by activist investor Elliott Management to ditch global miner BHP Billiton's BLT.L dual listing may be a criminal offence and could be subject to civil penalties. ROYAL BANK: Investor advisory firm Institutional Shareholder...Read More

(Adds PDVSA, New Mountain Capital LLC, Delphi Automotive Plc, Nokia, Telia, Glencore Plc, Thyssenkrupp, Scripps Networks Interactive , Ecoasis)May 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:** PetroVietnam's joint venture with Venezuela's state-run oil company PDVSA remains stalled but the Vietnamese company hopes ongoing talks...Read More

The Supreme Court of Peru has ruled in favour of a farmer that Newmont Mining (NYSE:NEM) claimed was illegally occupying land it wanted to develop into the Conga mine.The U.S.-based gold miner appealed a decision by a lower court in 2014 that ruled in favour of potato farmer M??xima Acu??a.Community opposition to the $5 billion copper and gold project forced Newmont to walk away from it last y...Read More

Two coal miners have died and more than 50 remain trapped after an explosion in a mine located in Iran's northern Golestan province.Speaking to Press TV, the English-language arm of Iranian state television, the head of the provincial Red Crescent, Hossein Ahmadi, said there were 26 people trapped. Sadegh Ali Moghadam, the provincial director general of disaster management, provided a similar fig...Read More

The Philippines Congress forced Natural Resources Secretary Regina Lopez from her job Wednesday following mounting complaints from pro-mining groups hurt by her several measures aimed at decreasing the extraction of riches in the country to reduce environmental damage.The lawmakers' move comes only days after she toughened up her already hard-core stance on mining by banning open-pit operations.Du...Read More

Shares in gold miner Centamin (TSX:CEE) (LON:CEY) fell more than 5% Wednesday after the company reported pre-tax profit for the first quarter that was 20% lower than the same period last year due to an output decline.The Egypt-based miner said gold production for the quarter fell to 109,187 ounces in the three months to March 31, down 13% year-on-year, although it said the results were in line wi...Read More

(Adds U.S. stock futures, updates prices)* Main European markets dip in early trade* Drops in iPhone, U.S. auto sales weigh ahead of jobs data* Fed statement eyed for signal of June rate hike* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Patrick GrahamLONDON, May 3 (Reuters) - Falls in iPhone and U.S. car sales helped beat European stock markets back from 20-month highs on Wednesday...Read More

* Main European markets dip in early trade* Drops in iPhone, U.S. auto sales weigh ahead of jobs data* Fed statement eyed for signal of June rate hike* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Patrick GrahamLONDON, May 3 (Reuters) - European stock markets retreated from 20-month highs and the dollar inched up on Wednesday as investors pondered the chances of another rise in U.S....Read More

(Adds company news, futures)May 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 13 points lower on Wednesday, according to financial bookmakers, with futures FFIc1 down 0.10 percent ahead of the cash market open.* BREXIT: Britain will not be paying 100 billion euros to leave the European Union, Brexit minister David Davis said on Wednesday after the Financial Times reported that the E...Read More

Investing.com - Gold prices struggled near the prior session's three-week lows in European morning trade on Wednesday, as market players looked ahead to the outcome of the Federal Reserve's policy meeting for further clues on the timing of the next rate hike.Comex gold futures lost around $1.00, or less than 0.1%, to $1,256.10 a troy ounce by 2:55AM ET (06:55GMT). Meanwhile, spot gold was at $1,25...Read More

May 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 13 points lower on Wednesday, according to financial bookmakers.* BARCLAYS: Barclays BARC.L Chief Executive Jes Staley is involved in a dispute with private equity firm KKR & Co KKR.N, which is a client of the bank, the Wall Street Journal reported on Tuesday. EVRAZ: Evraz Plc EVRE.L , Russia's No. 2 steelmaker, signed an agreeme...Read More

Should free speech cover criticizing the government? That is kind of the whole point, right?An Oregon man is suing Portland for violating his first amendment right to free speech after he was fined $500 for calculating how long yellow lights stay yellow and then speaking publicly about it.Free speech? No. The city considers making and disseminating calculations about public works “engineerin...Read More