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

Figure 1: Pure (99.9 %) cobalt chips, electrolytically refined. Source: Wikipedia image commonsBy Sam BroomYou've probably given little thought to a perennially overlooked metal called cobalt, even though chances are you're reading this very article on a device powered by a battery containing a significant proportion of the metal.I'm going to spend most of this article outlining an emerging narrat...Read More

Canada has decided to extend the Mineral Exploration Tax Credit, which was ending on March 31, for a full extra year, the country's natural resources minister announced Sunday evening.Speaking to media attending the 85th version of the Prospectors & Developers Association of Canada's (PDAC) International Convention in Toronto, minister Jim Carr said the 15% mineral exploration tax credit is inten...Read More

Investing.com - Gold prices were higher during European morning hours on Monday, starting the week off with gains as demand for safe-haven assets was boosted amid news of North Korea's firing of four ballistic missiles.Comex gold futures tacked on $6.95, or about 0.6%, to $1,233.45 a troy ounce by 3:15AM ET (08:15GMT). The precious metal fell to $1,223.00 on Friday, the lowest since February 15.Sp...Read More

Warning: Spoiler Alert.It is a cross between The Stepford Wives and A Clockwork Orange, with a touch of Inception; last night my friend Amuon took me to see a movie called "Get Out."I hadn't heard of it, and went into the theater completely blind to the fact that I would be watching the most genius and entertaining piece of propaganda I have ever seen. I loved it.First and foremost I was entertain...Read More

Warning: Spoiler Alert.It is a cross between The Stepford Wives and A Clockwork Orange, with a touch of Inception; last night my friend Amuon took me to see a movie called "Get Out."I hadn't heard of it, and went into the theater completely blind to the fact that I would be watching the most genius and entertaining piece of propaganda I have ever seen. I loved it.First and foremost I was entertain...Read More

A prospective copper-gold mine in south-central British Columbia has been handed a setback by local First Nations who oppose the project.An environmental review panel led by the Stk'eml??psemc te Secw?(C)pemc and the Tk'emlups had been deliberating the pros and cons of the controversial $1.3-billion mine, located on the outskirts of Kamloops, for the past few months. On Saturday, in a 200-per...Read More

The Prospectors & Developers Association of Canada's (PDAC) International Convention, one of the world's leading minerals and mining events, kicked off Sunday amid increased optimism in the global industry.Now in its 85th year, this annual event brings together the industry from around the world to downtown Toronto. More than 22,000 attendees from 125 countries were represented in 2016, with simi...Read More

Investing.com - Gold prices fell on Friday and posted the largest weekly loss of 2017 so far amid growing expectations that the Federal Reserve will raise interest rates later this month.Gold for April delivery settled down 0.52% at $1,225.5 on the Comex division of the New York Mercantile Exchange, having touched its lowest since February 15 at $1,222.9 earlier. Gold finished the week down 2.5%.G...Read More

Biologists Warn Half of All Species to Face Extinction by 2100 ... Today, 20 percent of all species are at risk of being wiped out, scientists at a Vatican conference on biodiversity warn, and that number may rise to nearly 50 percent by the end of the century. "The living fabric of the world [...] is slipping through our fingers without our showing much sign of caring," warned the conference...Read More

Biologists Warn Half of All Species to Face Extinction by 2100 ... Today, 20 percent of all species are at risk of being wiped out, scientists at a Vatican conference on biodiversity warn, and that number may rise to nearly 50 percent by the end of the century. "The living fabric of the world [...] is slipping through our fingers without our showing much sign of caring," warned the conference...Read More

Do you own property? How does it feel to have a piece of land that is yours, that no one can take from you?Unless of course, you don't pay your yearly rent, or rather property tax, to the town.And then of course the government could always just take your land for "public use" providing "just compensation," a price which will be decided by the government.Oh and the government could also steal your...Read More

Do you own property? How does it feel to have a piece of land that is yours, that no one can take from you?Unless of course, you don't pay your yearly rent, or rather property tax, to the town.And then of course the government could always just take your land for "public use" providing "just compensation," a price which will be decided by the government.Oh and the government could also steal your...Read More

After several years of an oversupplied market and weak cobalt prices, many market commentators are expecting 2017 to be a big year for cobalt. The hype is understandable. Prices have risen sharply this year, with Metal Bulletin's High Grade Free Market price increasing from US$15/lb at the start of the year to over US$24/lb in March. But why?On the demand side, the answer is clear. Strong...Read More

An already three-week-long strike at BHP Billiton's (ASX, NYSE:BHP) (LON:BLT) Escondida mine in Chile, the world's biggest copper mine, dragged down the country's GDP by 1% in February and is expected to significantly affect the nation's annual output, authorities have warned.With every passing day Escondida remains inactive, Chile loses 3,470 tonnes of copper output, authorities warn.Chile's Min...Read More

Rio Tinto's (ASX, LON:RIO) former chief executive Sam Walsh has had part of his retirement payout withheld while the group waits for the results of ongoing investigations into payments made to a consultant to gain access to the Simandou iron ore project in Guinea, Africa.The decision, announced as part of the world's second biggest miner's 2016 annual report released Thursday, was reached in agre...Read More

By Fumbuka Ng'wanakilalaDAR ES SALAAM, March 3 (Reuters) - Tanzanian President John Magufuli ordered the confiscation on Friday of passports belonging to foreign employees of an Indian infrastructure company managing a water project that is running late.Magufuli, nicknamed "the Bulldozer" for pushing through his policies, has been praised by Western donors for an anti-corruption drive and cutting...Read More

Investing.com - Gold prices moved lower on Friday, as growing expectations for a March rate hike in the U.S. and a stronger U.S. dollar continued to weigh on the precious metal.On the Comex division of the New York Mercantile Exchange, gold futures for April delivery were down 0.41% at $1,227.85, the lowest since February 15.The April contract ended Thursday's session 1.37% lower at $1,232.90 an o...Read More

Is immigration really a terrifying threat to our safety? Or perhaps it is yet another source of fear the power elites use to maintain control.There are two paradigms of thought which are both based on premises the government hands down.One seems independent enough; that borders are statist, and therefore bad. The government has no business restricting freedom of movement (which is true), so they s...Read More

Is immigration really a terrifying threat to our safety? Or perhaps it is yet another source of fear the power elites use to maintain control.There are two paradigms of thought which are both based on premises the government hands down.One seems independent enough; that borders are statist, and therefore bad. The government has no business restricting freedom of movement (which is true), so they s...Read More

Shares in Caterpillar (NYSE:CAT), the world's No.1 heavy machinery maker, were down more than 5% Thursday around noon after it became public that officials were executing a search warrant at three of the companies' facilities in the Tri-County Area, including the corporate headquarters.Some of the agents spotted by local press and witnesses wore jackets bearing an Internal Revenue Service logo.Com...Read More