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

Investing.com - Gold prices were slightly lower in European trading on Wednesday, as the dollar edged away from the prior session's three-week low, prompting investors to take profit on recent gains.Comex gold futures shed $8.10, or around 0.6%, to $1,286.00 a troy ounce by 3:00AM ET (07:00GMT). Meanwhile, spot gold was down $4.90 at $1,284.60.The yellow metal settled higher for the fifth session...Read More

(Adds company news, futures)April 19 (Reuters) - Britain's FTSE 100 .FTSE index is expected to open 26 points lower on Wednesday, according to financial spreadbetters, with futures FFIc1 down 0.4 percent ahead of the cash market open.* ALLIED MINDS: Top shareholder Invesco Perpetual has trimmed its stake in technology incubator Allied Minds ALML.L for the second time in as many weeks, according to...Read More

April 19 (Reuters) - Britain's FTSE 100 .FTSE index is expected to open 26 points lower on Wednesday, according to financial spreadbetters.* British companies plan to increase their spending on advertising this year as they expect the UK economy to remain resilient despite the Brexit vote, a survey showed on Wednesday, reversing a previous forecast for a decline in ad budgets. Oil prices dipped on...Read More

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.FUNDAMENTALS* Malaysian palm oil futures fell on Tuesday, recording a fifth consecutive session of losses, weighed down by forecasts of rising output and tracking weaker performing rival oils. POI/* U.S. soybean futures fell on Tuesday for the second day in a row, hitting a one-week low as trad...Read More

You know what a good use of law enforcement resources is? Detaining old women for attempting to sell moon rocks and space shuttle pieces.Of course, NASA is one of the many federal agencies with their own police force. One thing they decided to use this police force for was setting up a sting to catch a woman selling a piece of a space shuttle and moon rock she had received from her deceased husban...Read More

You know what a good use of law enforcement resources is? Detaining old women for attempting to sell moon rocks and space shuttle pieces.Of course, NASA is one of the many federal agencies with their own police force. One thing they decided to use this police force for was setting up a sting to catch a woman selling a piece of a space shuttle and moon rock she had received from her deceased husban...Read More

Fortunes can be made when a new mine is found, or lost in the pursuit of one.Mines are by definition a finite resource, constantly in depletion.Large mining companies often outsource the risk-and reward of finding new mines to smaller, riskier ventures.When a new economic deposit is found the majors will often gobble up the juniors at astounding premiums.Take Diamond Fields International, a penny...Read More

Freeport McMoRan Inc (NYSE:FCX), the world's largest listed copper miner, has received an initial authorization to restart shipments of concentrate from its Grasberg mine in Indonesia.Freeport Indonesia is said to be in the process of obtaining a full export permit.The firm's local unit, which has not been able to ship copper from the mine since a government ban kicked in on January 12, is now in...Read More

A new copper find in South Australia has the potential to easily boost production.Mining firm Havilah Resources has confirmed a thick copper zone at its Croziers site about 400km northeast of the state's capital Adelaide.Its location between the company's Portia and Kalkaroo projects strengthens its push for plant development at Kalkaroo because the short 10 kilometre trucking distance would mean...Read More

(Updates with U.S. markets, changes dateline from previous LONDON)* U.S. crude little changed after gasoline data* Snap British election boosts sterling* Focus on Korean peninsula tension, French electionBy Rodrigo CamposNEW YORK, April 18 (Reuters) - Stock indexes and the U.S. dollar fell on Tuesday as a snap general election call in Britain added to a growing list of uncertainties for investors,...Read More

* European stocks dip on security worries* Dollar steadies against yen after U.S./Japan trade talks* France/Germany bond yield gap tightens before vote* Oil falls on rising U.S. shale output* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Nigel StephensonLONDON, April 18 (Reuters) - European shares fell and the dollar dipped against the yen on Tuesday as tensions over North Korea and t...Read More

Investing.com - Gold prices edged lower in European trading on Tuesday, one day after rallying to its strongest level in five months as investors monitored continued tension on the Korean peninsula.Comex gold futures shed $7.40, or around 0.6%, to $1,284.50 a troy ounce by 3:10AM ET (07:10GMT). Meanwhile, spot gold was down $2.00 at $1,282.70.The yellow metal settled higher for the fourth session...Read More

Apr 17 (Reuters) - Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE) for local debt instruments as of April 13 & April 14, 2017. COMPANYINSTRUMENTRATINGAMOUNT MOVEMENT(RS.MLN) ------------------------------ --------- SHORT TERM RATINGS: ------------------- Aadesh Travels Pvt LtdST Bk FacCARE A452.5Assigned Advanced Computer And Mobiles India LT/ST (FB/NFB)CARE A3539.4 Reaff...Read More

Investing.com - Gold prices rose in European trade on Monday as a weaker dollar and tensions on the Korean peninsula supported demand.On the Comex division of the New York Mercantile Exchange, gold for June delivery gained 0.16% to $1.290.50 a troy ounce.Gold also benefitted Monday from a weaker dollar as the greenback felt pressure from Friday's release of weak U.S. retail sales and inflation dat...Read More

Do we owe society taxes?Tax day is tomorrow. Some people get excited because they will get money back which the government withheld–a clever trick that makes people feel less oppressed and plundered by filing taxes.Something the regressive left likes to say is that taxes are justified because of the infrastructure of society, provided by the government, makes all earning possible. It is, th...Read More

Do we owe society taxes?Tax day is tomorrow. Some people get excited because they will get money back which the government withheld–a clever trick that makes people feel less oppressed and plundered by filing taxes.Something the regressive left likes to say is that taxes are justified because of the infrastructure of society, provided by the government, makes all earning possible. It is, th...Read More

Following a spill of 850,000 litres of process water caused by a frozen pipeline at Highland Valley Copper's tailings facility in British Columbia's Interior, Teck Resources spokesperson Chris Stannell said the safety and stability of the mine's tailings dam were not affected.In an email statement, Stannell also said that the April 8 incident didn't cause any environmental impacts, as it was promp...Read More

Peru's Ministry of Energy and Mines revealed this week that the country's copper production rose by 5.42% in February compared to the same month last year. Overall growth for the first two months of 2017 reached 14.76%.According to the Ministry's release, the surge was driven by increased activity at two sites: Freeport-McMoRan's (NYSE:FCX) Cerro Verde, which accounted for 22.38% or 83,844 fine me...Read More

ROME- Inciting riots, making terrorist threats, destruction of property, treason, and impersonating a King are just some of the charges this man faced last week.When the regional authorities of the Sanhedrin finally had enough of his sedition, agents of Rome moved to arrest the terrorist who has been in the news constantly over the past few years.Last week the target was located on a tip from foll...Read More

ROME- Inciting riots, making terrorist threats, destruction of property, treason, and impersonating a King are just some of the charges this man faced last week.When the regional authorities of the Sanhedrin finally had enough of his sedition, agents of Rome moved to arrest the terrorist who has been in the news constantly over the past few years.Last week the target was located on a tip from foll...Read More