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

The CIA should be thanking Wikileaks for revealing vulnerabilities in their department. If you run the supposedly best, most expansive and powerful spying agency in the world, shouldn’t you be able to stop leaks revealing your secret hacking tools?But instead CIA Director Mike Pompeo threw a hissy fit Thursday and called Julian Assange “a fraud–a coward hiding behind a screen.&...Read More

The CIA should be thanking Wikileaks for revealing vulnerabilities in their department. If you run the supposedly best, most expansive and powerful spying agency in the world, shouldn’t you be able to stop leaks revealing your secret hacking tools?But instead CIA Director Mike Pompeo threw a hissy fit Thursday and called Julian Assange “a fraud–a coward hiding behind a screen.&...Read More

Chile's Codelco, the world's biggest copper producer, is moving forward with its plans to tap into the booming lithium industry by creating Salar de Maricunga S.A., a subsidiary that is expected to help speed up the approval of legislation that allows the exploration and exploitation of the country's vast deposits of the silver-white metal.Setting up the new company, with an initial capital of $...Read More

For decades, U.S. presidents have observed a couple rules about the dollar. Trump broke them on Wednesday.Read full newsRead More

A British team of scientists has discovered an underwater deposit of diverse minerals in the Atlantic, about 500km off the Canary Islands, which contains vast amounts of tellurium, used in the making of solar panels, wind turbines and electronics.The deposit, located 1,000 metres below the ocean surface, in a 3,000 metres-tall mountain known as "Tropic Seamount," contains tellurium in concentratio...Read More

The latest report by the International Copper Study Group which includes full year 2016 estimates shows world mine copper production jumped by 5.3%, or 1 million tonnes last year to 20.16 million tonnes.According to the report the increase was mainly due to a 38% (650,000 tonnes copper) rise in Peruvian concentrate output that benefitted from new and expanded capacity brought on stream in the last...Read More

It’s no secret that the U.S. unleashes all sorts of death and destruction with its foreign policy. But it is all for the greater good… so they claim.Actually consider for a moment the obscure possibility that the U.S. foreign policy–drone bombings, supplying weapons to rebels, and rogue missiles attacks–is actually well intentioned. Even if America is truly trying to do the...Read More

It’s no secret that the U.S. unleashes all sorts of death and destruction with its foreign policy. But it is all for the greater good… so they claim.Actually consider for a moment the obscure possibility that the U.S. foreign policy–drone bombings, supplying weapons to rebels, and rogue missiles attacks–is actually well intentioned. Even if America is truly trying to do the...Read More

Mining and metals investors were offloading the sector's big names on Wednesday after sharp drops in iron ore and copper prices over worries about the robustness of the Chinese economy and heightened tensions surrounding North Korea with President Trump sending an "armada" of US warships to the region.While gold was setting fresh 2017 highs on the back of safe haven buying, on the Comex marke...Read More

Shares in Canadian miner Northern Dynasty Minerals (TSX:NDM) were soaring Wednesday morning following Alaska's Department of Natural Resources (DNR) approval of a long-awaited land-use permit that clears the way for the company's vast, but stalled Pebble copper-gold-silver project.The permit, issued late Tuesday, allows Northern Dynasty's subsidiary - Pebble Limited Partnership - to conduct recl...Read More

BHP Billiton (ASX: BHP) (LON:BLT) has come up with a detailed response to activist investor Elliott Management, which issued a 10-page letter on Monday calling for major changes at the world's largest mining company.In its extensive presentation, the Melbourne-based miner said the minor shareholder's proposal to overhaul BHP's structure and spin off its US petroleum division was flawed and would...Read More

Palisade Research April 12, 2017 Category: Research Northern Sphere Mining Corp (CNSX:NSM)Current Price: C$0.405Shares Outstanding: 25.9 millionMarket Capitalization: C$10.5 million52-Week Range: C$0.17-C$0.85Cash: ~C$2.3 millionTotal Liabilities: ~C$2.4 millionIf you ask any successful mining investor what he looks for in a company, 99% of the time he will begin with management. Identifying seri...Read More

Palisade Research April 12, 2017 Category: Research Northern Sphere Mining Corp (CNSX:NSM)Current Price: C$0.405Shares Outstanding: 25.9 millionMarket Capitalization: C$10.5 million52-Week Range: C$0.17-C$0.85Cash: ~C$2.3 millionTotal Liabilities: ~C$2.4 millionIf you ask any successful mining investor what he looks for in a company, 99% of the time he will begin with management. Identifying seri...Read More

Facebook is not exactly the champion of user privacy, but at least in one case, the company did go to bat for its users. Facebook took New York law enforcement to court over secret warrants that allowed authorities to collect user data.Unfortunately, Facebook just lost their case in the New York courts. The court ruled that only users themselves, not facebook, can challenge law enforcement demands...Read More

Facebook is not exactly the champion of user privacy, but at least in one case, the company did go to bat for its users. Facebook took New York law enforcement to court over secret warrants that allowed authorities to collect user data.Unfortunately, Facebook just lost their case in the New York courts. The court ruled that only users themselves, not facebook, can challenge law enforcement demands...Read More

CNN's Don Lemon spoke with a passenger who interacted with the man who was forcibly removed from a United Airlines flight before the incident and revealed ne...Read full newsRead More

Lead's rally from multi-year lows hit November 2015 were on the back of major zinc-lead mine shutdowns and strong demand from the automotive sector, responsible for the bulk of demand.A new report from BMI Research says positives for the market will largely stay in place leading to a widening albeit relatively small market deficit through 2021.BMI, a unit of rating agency Fitch, forecasts the lead...Read More

Water supply concerns and pollution in Latin America will drive increasingly strict environmental regulations in the region over the coming years, which in turn will also make miners' life more difficult, a report by BMI Research shows.According to the analysts, in addition to raising costs for mining companies and delaying certain projects, the focus on the amount of water used by the extraction...Read More

Water supply concerns and pollution in Latin America will drive increasingly strict environmental regulations in the region over the coming years, which in turn will also make miners' life more difficult, a report by BMI Research shows.According to the analysts, in addition to raising costs for mining companies and delaying certain projects, the focus on the amount of water used by the extraction...Read More

BHP Billiton (ASX: BHP) (LON:BLT) is working with Goldman Sachs Group Inc. on a detailed response to activist investor Elliott Management, which yesterday issued a 10-page letter calling for major changes at the world's largest mining company.The bank's involvement in the issue is nothing new, people with knowledge of the matter told Bloomberg. In fact, they said Goldman has been assisting BHP fr...Read More