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

Ban all the things, and when we all live in padded prison cells, we will be safe from terrorists!That is the plan. Because access to information is really the problem, according to the British government. As soon as people don’t have access to extremist material online, all this madness will surely stop!The Prime Minister's official spokesman said: "The fight against terrorism and hate speec...Read More

Goldcorp's Cerro Negro Mine in southern Argentine. Miners inside the Eureka vein Photo courtesy Goldcorp Inc.The old adage "Mines are made not found" is a good start to "How to Build a Mine". There are thousands of mineral discoveries with very few that reach the positive feasibility stage and fewer yet where a profitable mine is actually built. There are three key components to building a mine, s...Read More

Diamond drill core from the Freegold Ventures Shorty Creek Project in Alaska. Note the massive chalcopyrite (copper) mineralization. Photo courtesy Freegold Ventures LtdThe most exciting news from a mining exploration stock is a high-grade drilling result. But what constitutes a good assay? It varies from situation to situation and commodity to commodity. Listed below is some rule of thumb informa...Read More

Canada's Nautilus Minerals (TSX:NUS), one of the world's first seafloor miners, is on track to start operations at its Solwara 1 gold, copper and silver project off the coast of Papua Guinea in early 2019.The Toronto-based company, which also is developing another underwater project, off the coast of Mexico, expects to have all its undersea mining tools ready to go by mid-next year, so it can kic...Read More

(Adds quotes, background)LUSAKA, March 24 (Reuters) - Indian mining company Vedanta Resources VED.L said on Friday it will invest $1 billion in its Zambian mining unit Konkola Copper Mines (KCM), creating 7,000 jobs.Vedanta announced the investment after a meeting between its Chairman Anil Agrawal and Zambian President Edgar Lungu.Vedanta has a majority stake in KCM and has said the mine could p...Read More

LUSAKA, March 24 (Reuters) - Indian mining company Vedanta Resources VED.L said on Friday it will invest $1 billion in Zambia's Konkola Copper Mines (KCM), which it sees having the potential to produce the metal for another 50 years.Vedanta has a majority stake in KCM.The investment, which is expected to create 7,000 jobs, was announced after a meeting between Zambian President Edgar Lungu and V...Read More

Investing.com - Gold prices slipped lower on Friday, as the U.S. dollar regained some strength ahead of a highly-anticipated vote on U.S. President Donald Trump's healthcare bill.On the Comex division of the New York Mercantile Exchange, gold futures for April delivery were down 0.28% at $1,243.85, just off the previous session's three-week high of $1.253,15.The April contract ended Thursday's ses...Read More

(Adds company news items, futures)March 24 (Reuters) - Britain's FTSE 100 futures FFIc1 were flat ahead of the cash market open on Friday.* SMITHS GROUP: British engineering firm Smiths Group SMIN.L stuck to its full-year outlook as growth in its detection unit, which makes security sensors, offset declines in other areas of its business and boosted first-half profit. LAMPRELL: Oil-rig builder L...Read More

March 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 6 points at 7,347 on Friday, according to financial bookmakers.* RBS: State-backed Royal Bank of Scotland RBS.L said on Thursday it planned to close about 180 bank branches in Britain and Ireland and about 1,000 roles were at risk in the latest round of cuts and closures at the lender. EXPERIAN: The Consumer Financial Protectio...Read More

In New York on Thursday copper for delivery in May was trading slightly higher at $2.6375 per pound or $5,817 a tonne with mixed news on disruptions at the world's biggest mines pulling the metal in different directions. Copper is holding onto modest gains year to date, but is down more than 6.5% since hitting 20-month highs mid-February.Copper has been buoyed by a strike at BHP Billiton's Escondi...Read More

When Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) closed the sale of its Castle-Blackrock claim block interest in Nevada to Columbus Gold in February, Seabridge Chairman and CEO Rudi Fronk noted that "the sale is part of a continuing program of divesting non-core assets in order to focus resources on core holdings, including the KSM and Iskut projects and the Snowstorm project."Iskut was acquired wh...Read More

Talks between striking workers at Escondida copper mine in Chile and majority owner and operator BHP Billiton (ASX, NYSE:BHP) (LON:BLT), ended Thursday with the parts failing to reach a deal and the main union choosing to return to work.The labour action at the world's largest copper mine, which finished today after 43 days, became the longest private-sector mining strike in Chile's history, loc...Read More

According to a new report by private capital tracker Preqin, overall fundraising for natural resources investment actually declined declined by a fifth in 2016 to the lowest since 2012 despite the turnaround in the industry experienced last year.Coming off a record 2015, 74 funds raised a total of $60bn in 2016 for investment in natural resources, which includes metals and mining, water, timberlan...Read More

At PDAC 2017, Adrian Day, founder and president of Adrian Day Asset Management spoke to a packed room about his outlook for gold under President Trump. After his talk at the conference, Mr. Day shared his insights with us on the positive and negative effects of Trump's policies on the stock market and the US economy as a whole. In this interview, he gives us his reasons why he thinks the time t...Read More

* STOXX 600 down 0.8 pct* Banks, miners weigh* ING falls after disclosing criminal probe* Gemalto plummets after results (Recasts, adds quote and detail, updates prices)By Kit ReesLONDON, March 22 (Reuters) - European shares fell to a two-week low on Wednesday, extending losses from the previous session as weighed down by basic resources stocks .SXPP and banks .SX7P .The pan-European STOXX 600 ....Read More

* Europe shares hit two-week low, Asia biggest fall since Dec 15* Wall Street seen opening lower, VIX tops 13 percent* Copper drops 0.7 percent, safe-haven gold hits three-week high* Yields drop as investors seek lowest-risk government debt* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Nigel StephensonLONDON, March 22 (Reuters) - Shares fell on Wednesday, driving investors to the saf...Read More

LONDON, March 22 (Reuters) - European shares fell in early deals, extending losses from the previous session as basic resources stocks .SXPP and banks came under pressure.The pan-European STOXX 600 .STOXX index was down 0.7 percent at a one-week low as global markets were hit by worries that U.S. President Donald Trump could struggle to deliver on his reflationary economic policies.These doubts we...Read More

(Adds company news items)March 22 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 42 points lower on Wednesday, according to financial bookmakers, with futures FFIc1 down 0.5 percent ahead of the cash market open.* IGAS: Britain's IGas IGAS.L has won planning consent from Nottinghamshire County Council to develop a shale gas well site and drill an exploratory well at Tinker Lane, the co...Read More

March 22 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 42 points lower on Wednesday, according to financial bookmakers.* VODAFONE: New Zealand pay television provider Sky Network TV SKT.NZ on Wednesday filed an appeal against the Commerce Commission's decision to bar its purchase of Vodafone 's VOD.L local unit.* ACACIA MINING: Canadian gold miner Endeavour Mining Corp EDV.TO said...Read More

Mar 22 (Reuters) - Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE) for local debt instruments as of March 21, 2017. COMPANYINSTRUMENTRATINGAMOUNT MOVEMENT(RS.MLN) ------------------------------ --------- SHORT TERM RATINGS: ------------------- 5 Core Acoustics Pvt LtdST Bk FacCARE A4+150Issuer NotCooperating Arb Bearings LtdST FacCARE A2127.5 Reaffirmed Digi Export Ventur...Read More