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

What is the point of law? Is it to settle disputes that arise between two individuals; the way common law was born? Or perhaps law is meant to spur debate on the use of the oxford comma, like a high stakes schoolhouse lesson on grammar.The whole situation is silly from the beginning. You have to peel back layers of ridiculousness before you can even get at the issue: that truckers just won millio...Read More

What is the point of law? Is it to settle disputes that arise between two individuals; the way common law was born? Or perhaps law is meant to spur debate on the use of the oxford comma, like a high stakes schoolhouse lesson on grammar.The whole situation is silly from the beginning. You have to peel back layers of ridiculousness before you can even get at the issue: that truckers just won millio...Read More

In New York on Tuesday copper for delivery in May suffered a second day of markdowns trading at $2.6075 per pound or $5,750 a tonne as output disruptions at the world's biggest mines appear to be closer to being resolved. Copper is down more than 3% this week.Reuters reports Tuesday that top listed copper producer Freeport McMoRan's giant Grasberg mine in Indonesia had resumed staged copper...Read More

On February 14, 2017, President Trump signed into law a joint resolution of Congress to repeal a critical anti-corruption rule for oil, gas and mining companies. The law was introduced by the House on January 30, 2017. It quickly moved to the Senate, where it was passed with the support of the Republicans and opposition of the Democrats.The rule is referred to as the "Cardin-Lugar regulations" and...Read More

A World Bank's tribunal has ruled in favour of Tethyan Copper Co. (TCC), a joint venture between Barrick Gold (TSX, NYSE: ABX) and Antofagasta (LON:ANTO), in relation to the denial of a mining lease for the multi-billion-dollar Reko Diq copper and gold reserve in the Pakistani province of Balochistan.Ruling confirms that Pakistan violated several provisions of its bilateral investment treaty with...Read More

Chile, the world's No. 1 copper producer, is seeking to attract more investors to its mining sector beyond the well-established copper industry, in an effort to diversify the red metal-depending economy and take advantage of a soaring demand for green energy-related resources such as lithium.As part of the nation's recent efforts, the state mining company ENAMI presented in Canada almost a dozen n...Read More

Investing.com - Gold prices were lower during European morning hours on Tuesday, pulling back from a two-week high as market players awaited comments from a number of Federal Reserve policymakers for more clues on the timing of the next U.S. rate hike.Comex gold futures dipped $5.50, or around 0.5%, to $1,228.40 a troy ounce by 4:05AM ET (08:05GMT).It settled higher for the third session in a row...Read More

(Adds company news items, futures)March 21 (Reuters) - Britain's FTSE 100 futures FFIc1 were flat ahead of the cash market open on Tuesday.* BELLWAY: British housebuilder Bellway BWY.L said on Tuesday it would raise its dividend after posting a nearly 10 percent rise in half-year pre-tax profits, although it warned that labour shortages were pushing up costs in the sector. ENQUEST: North Sea-foc...Read More

March 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 3.5 points on Tuesday, according to financial bookmakers.* SHELL: Royal Dutch Shell RDSa.L said on Tuesday it will drill 161 new gas wells at its Queensland operations by the end of 2018, helping to underpin its promise to continue supplying 10 percent of the domestic gas market to help prevent a shortage. BHP BILLITON: The uni...Read More

Imagine men in bleach white bio suits with medical masks show up at your door. You are suspected of carrying a communicable disease. You will now be arrested and held without due process, indefinitely.The government could do this any day.They have the "authority". They have the personnel. They have the funding. Now all they need is the excuse.The AuthorityThe federal government claims the right to...Read More

Imagine men in bleach white bio suits with medical masks show up at your door. You are suspected of carrying a communicable disease. You will now be arrested and held without due process, indefinitely.The government could do this any day.They have the "authority". They have the personnel. They have the funding. Now all they need is the excuse.The AuthorityThe federal government claims the right to...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.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, timberland and energy. Private providers of capital include pension f...Read More

Investing.com - Gold prices rose to a two-week high during European morning hours on Monday, as the U.S. dollar headed for its longest losing streak since November in wake of the Federal Reserve's dovish guidance on the path of rate hikes this year.Comex gold futures jumped to a session peak of $1,235.50 a troy ounce, the highest since March 6. It was last at $1,232.85 by 4:15AM ET (08:15GMT), up...Read More

(Adds company news items)March 20 (Reuters) - Britain's FTSE 100 futures FFIc1 were flat ahead of the cash market open on Monday.* HANSTEEN: Britain's Hansteen Holdings HSTN.L has agreed to sell its German and Dutch property portfolios for 1.28 billion euros ($1.38 billion) to entities owned by funds advised by affiliates of the Blackstone (NYSE:BX) Group LP BX.N and M7 Real Estate, the company sa...Read More

March 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 1 point higher at 7,426 on Monday, according to financial bookmakers.* The UK blue chip FTSE 100 .FTSE index ended 0.1 percent higher at 7,424.96 points on Friday, closing at a record level but with a stronger sterling capping gains. UNILEVER: Unilever ULVR.L is preparing a 6 billion pound ($7.44 billion) sale of some of its foo...Read More

A 39-day-long stoppage at La Escondida, the world's largest copper mine, may continue for up to three months if the company does not comply with worker's demands, union leaders warned this weekend.After holding a series of meetings throughout Saturday and Sunday, No.1 Union, which has 2,500 members, rejected Minera Escondida's most recent proposal of offering them end-of-conflict bonuses for the e...Read More

Investing.com - Gold prices rose on Friday as expectations of a slower pace of U.S. interest rates hikes than some investors had anticipated continued to weigh on the dollar.Gold for April delivery settled up 0.15% at $1,229.00 on the Comex division of the New York Mercantile Exchange.Gold touched its highest since March 6 on Thursday, at $1,231.4 and ended the week with a gain of 1.92%.The Federa...Read More

You know what everyone is really nostalgic for? The good old days during the Cold War when everyone thought humanity was going to be wiped out by a nuclear holocaust. There was something cozy about nuclear fallout shelters and cowering under a desk as the air raid sirens blared in the distance.Now-a-days, people don’t seem to be peeing their pants as often about the possible extinction of ou...Read More

You know what everyone is really nostalgic for? The good old days during the Cold War when everyone thought humanity was going to be wiped out by a nuclear holocaust. There was something cozy about nuclear fallout shelters and cowering under a desk as the air raid sirens blared in the distance.Now-a-days, people don’t seem to be peeing their pants as often about the possible extinction of ou...Read More

Clearly, the media manipulates the population’s worldview. But less obvious is that this altered perception manifests itself into reality.It is the old, which came first, the chicken or the egg? To what extent does the media encourage the negative events they love to report on?Suicide is the perfect example of this phenomenon: suicides increase when reported in the media. According to Robe...Read More