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

Plans by Barrick Gold (TSX, NYSE:ABX) to revive its Pascua Lama gold, silver and copper project straddling the border between Chile and Argentina may once again be postponed after Chile's Supreme Court revoked this week a temporary closure permit granted by the country's mining regulator Sernageomin in 2015.Such decision sought to relax certain requirements for Barrick to obtain a new environme...Read More

World's largest miner BHP Billiton (ASX, NYSE:BHP) (LON:BLT) has lost about $712 million due to an already 35-day-long strike at its Escondida copper mine in Chile, based on the main union's estimates, but the company is about to put an end to the stoppage.According to the mine's president, Marcelo Castillo, the firm is currently analyzing its legal alternatives to resume work at the world's la...Read More

(Adds company news item)March 15 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 13 points on Wednesday, according to financial bookmakers, with futures FFIc1 up 0.1 percent ahead of the cash market open.* LLOYDS: The British government has reduced its stake in Lloyds Banking Group LLOY.L to just below 3 percent, putting the lender on track to be back in private ownership within the...Read More

March 15 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 13 points on Wednesday, according to financial bookmakers.* ASTRAZENECA: AstraZeneca's AZN.L ovarian cancer drug Lynparza slashed the risk of disease progression in a closely watched clinical trial, boosting its profile against rivals within the novel PARP inhibitor drug class. BHP BILLITON: The Escondida copper mine in Chile p...Read More

Court is boring! If you want to get a conviction in the age of short attention spans, you need to entertain the jury!Why would you rely on facts and truth in the U.S. court of law, when you could just play a Hollywood fabrication?We all know how stale and dry court cases can be. But offer up some clips of a cool blockbuster hit, and the jury will love you! You won’t have to bother with pes...Read More

Court is boring! If you want to get a conviction in the age of short attention spans, you need to entertain the jury!Why would you rely on facts and truth in the U.S. court of law, when you could just play a Hollywood fabrication?We all know how stale and dry court cases can be. But offer up some clips of a cool blockbuster hit, and the jury will love you! You won’t have to bother with pes...Read More

In New York on Tuesday copper for delivery in May enjoyed a third day of gains adding 1% to $2.6505 per pound or $5,843 a tonne on the back of upbeat economic data from China and continued labour disruptions at the world's biggest mines.The Statistics Bureau of China said on Tuesday industrial production led by the steel industry jumped 6.3% in January and February of 2017 (released tog...Read More

In New York on Tuesday copper for delivery in May enjoyed a third day of gains adding 1% to $2.6505 per pound or $5,843 a tonne on the back of upbeat economic data from China and continued labour disruptions at the world's biggest mines.The Statistics Bureau of China said on Tuesday industrial production led by the steel industry jumped 6.3% in January and February of 2017 (released tog...Read More

Chile-focused copper miner Antofagasta Plc. (LON:ANTO) logged Tuesday an almost 80% jump in earnings during 2016 on the back on better-than-expected metal prices in recent months, and predicted that improved market conditions were here to stay.The miner, one of the oldest companies listed in London, posted earnings before interest, tax, depreciation and amortization of $1.63 billion and said reven...Read More

Mining and commodities trader Glencore (LON:GLEN) is selling its stakes in two zinc mines to Canada's Trevali (TSX:TV) in a deal worth about $400 million that will make the later the first pure zinc company with operations in North and South America as well as Africa.With the sale, Glencore gives Trevali its 80% and 90% stakes respectively in the Namibia-based Rosh Pinah and the Perkoa mine loca...Read More

Investing.com - Gold prices struggled near a six-week low during European morning hours on Tuesday, as investors prepared for a rate hike by the Federal Reserve while focusing on political developments in Europe.Comex gold futures dipped $2.55, or around 0.2%, to $1,200.55 a troy ounce by 4:15AM ET (08:15GMT), not far from Friday's low of $1,194.50, which was the weakest level since January 31.Mea...Read More

(Adds company news items, futures)March 14 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 4.7 points on Tuesday, according to financial bookmakers, with futures FFIc1 up 0.2 percent ahead of the cash market open.* OCADO: Ocado OCDO.L , the British online supermarket that has been testing investors' patience with its failure to land an overseas deal, said there were signs of pricing...Read More

March 14 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 4.7 points on Tuesday, according to financial bookmakers.* BHP BILLITON: BHP Billiton BLT.L on Monday invited striking workers at its Escondida copper mine in Chile, the world's largest, to return to the negotiating table, after they rejected a similar approach on Saturday. AMEC FOSTER WHEELER-JOHN WOOD: Oil services company Wo...Read More

Palisade Research March 14, 2017 Category: Research Triumph Gold Corp. (CVE:TIG, FRA:8N61, OTCMKTS:NFRGF)Current Price: C$0.38Shares Outstanding: 59.7 millionMarket Capitalization: C$22.7 million52-Week Range: C$0.07 - C$0.50Cash: ~C$6.3 million Original Write-Up Here Will Triumph Gold be the next Kaminak? No. We believe it will be much larger. As stated in our original write-up, Triumph's flagshi...Read More

Palisade Research March 14, 2017 Category: Research Triumph Gold Corp. (CVE:TIG, FRA:8N61, OTCMKTS:NFRGF)Current Price: C$0.38Shares Outstanding: 59.7 millionMarket Capitalization: C$22.7 million52-Week Range: C$0.07 - C$0.50Cash: ~C$6.3 million Original Write-Up Here Will Triumph Gold be the next Kaminak? No. We believe it will be much larger. As stated in our original write-up, Triumph's flagshi...Read More

European leaders are now calling for a federal union to salvage the EU. At least four European leaders have asked for a European "Federal Union" to build up the relationship between European nation-states.A number of countries have threatened to leave the Eurozone including at one time or another Greece, Italy, France, Portugal, the Netherlands and Spain.All of these countries are struggling with...Read More

European leaders are now calling for a federal union to salvage the EU. At least four European leaders have asked for a European "Federal Union" to build up the relationship between European nation-states.A number of countries have threatened to leave the Eurozone including at one time or another Greece, Italy, France, Portugal, the Netherlands and Spain.All of these countries are struggling with...Read More

Copper prices climbed Monday, helped mainly by ongoing supply disruptions at two massive mines in Chile and Indonesia, intensified by an indefinite strike that broke Friday at Freeport-McMoRan's (NYSE:FCX) Cerro Verde mine in Peru the country's largest.Three-month copper was last 1.1% on the London Metal Exchange to $5,794 a tonne, after it had lost 3.1% last week, the most since December, due par...Read More

Greenland may soon start building the world's fifth-largest uranium mine and second-biggest rare earths operation, which could fuel independence dreams in the island, an "autonomous administrative division" within Denmark since 2009.The proposed open pit mine in the southern town of Kvanefjeld is expected to process over 100 million tonnes of ore in the coming decades, helping Greenland to dive...Read More

Investing.com - Gold prices were higher during European morning hours on Monday, starting the week off with gains as investors turned their attention to elections in Europe, while preparing for a potential rate hike by the Federal Reserve this week.Comex gold futures rose $8.15, or around 0.7%, to $1,209.55 a troy ounce by 4:10AM ET (08:10GMT).It settled lower for the ninth session in a row on Fri...Read More