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

MUMBAI, March 2 (Reuters) - Hindalco Industries Ltd HALC.NS , India's biggest producer of aluminium and copper, is selling new shares to investors in a bid to raise up to 33.37 billion rupees ($500 million), according to deal term sheet seen by Reuters on Thursday.The share sale would lead to a dilution of 7.9 percent to 8.1 percent of post issue capital and the company will use the funds to mee...Read More

* European stocks extend Wednesday's gains, Japan closes up* Dollar index up, gains vs yen and euro* Oil falls for third day; copper and gold down (Updates after U.S. open, changes byline, previous dateline LONDON)By Sinead CarewNEW YORK, March 2 (Reuters) - Wall Street fell as investors took a breather on Thursday after a record day, while the dollar strengthened on positive U.S. data and growing...Read More

* Europe stocks dip after Wednesday's big gains, Asia rises* Dollar gains strongly vs yen, up vs euro and sterling* German 10-yr yields up as euro zone inflation hits 2 pct* Oil falls for third day, stronger dollar weighs on metals* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Nigel StephensonLONDON, March 2 (Reuters) - European stocks held near 15-month highs and the dollar strength...Read More

Investing.com - Gold prices resumed losses from the prior session during European morning hours on Thursday, amid rising expectations that the Federal Reserve will raise interest rates later this month.Comex gold futures declined $3.55, or about 0.3%, to $1,246.45 a troy ounce by 3:10AM ET (08:10GMT), after losing around $4 on Wednesday.Spot gold was down $4.00 to $1,245.60 per ounce.The U.S. doll...Read More

You are about to embark on a journey with The Daily Bell as we shift gears, and cruise down the open road towards freedom.You will still receive relevant daily news insights. And don't worry, we will still be unabashedly biased towards libertarian ideals of freedom.There are a lot of roadblocks for the freedom lover, and it is important to keep those in mind. The Daily Bell will always be here to...Read More

You are about to embark on a journey with The Daily Bell as we shift gears, and cruise down the open road towards freedom.You will still receive relevant daily news insights. And don't worry, we will still be unabashedly biased towards libertarian ideals of freedom.There are a lot of roadblocks for the freedom lover, and it is important to keep those in mind. The Daily Bell will always be here to...Read More

Nealite [Pb4Fe(AsO3)2Cl4 ?2H2O] From an ancient slag site in Greece, formed by slag meeting seawater. Credit RRUFF.For the first time more than 200 mineral species has been identified that originated either principally or exclusively due to human activities - primarily as a result of mining.The study led by Robert Hazen of the Carnegie Institution for Science published by American Mineralogist bo...Read More

In New York on Wednesday copper for delivery in May gained for the fourth day in a row, jumping 2% to hit a day high of $2.7685 per pound or $6,103 a tonne as a return to production at two top mines - combined responsible for some 8% of global output - looks increasingly doubtful in the near term. Copper is trading around levels last seen late May 2015 with year-to-date gains of close to 10%....Read More

Workers at the BHP Billiton's (ASX, NYSE:BHP) (LON:BLT) Escondida mine in Chile, the world's biggest copper mine, blocked several access roads Wednesday as they complete their third week of strike, triggering violent confrontations with police.The group of protesters illegally set barricades on the main roads to the mine and set tires on fire, which eventually cause police intervention, AFP re...Read More

Newmont Mining Corp's (NYSE:NEM), the world's 2nd largest gold producer by output, is open to bringing a new partner into a project to expand its Yanacocha mine in Peru, South America's largest gold operation, which is nearing the end of its life.The Denver-based miner, which is working with its current partner Buenaventura on a possible project to extend Yanacocha's life to 2025, said it is als...Read More

* STOXX 600 ends up 1.5 percent* Banks top sectoral gainer on U.S. rate hike prospects* Builder CRH (LON:CRH) helps lift sector index to 10 year high* Basic resources, defence stocks also in demand (Adds details, closing prices)By Danilo MasoniMILAN, March 1 (Reuters) - European shares climbed to 15-month highs on Wednesday, with banks and construction stocks leading the rally on renewed optimis...Read More

Scientists have discovered why some of the richest ore deposits on the planet, such as copper, zinc, silver and uranium, were formed in the middle period of Earth's history.A team of scientists from the University of Tasmania and University of California, led by Emeritus Professor Ross Large from the ARC Centre of Excellence in Ore Deposits (CODES), has shown that the rise of oxygen in the atmosph...Read More

Canada's British Columbia and the Territories are the country's mining districts where it takes the longest to obtain exploration permits, a new report released Tuesday shows.According to a survey of mining executives by policy think-tank the Fraser Institute, while Canadian provinces and territories fared well compared to international competitors in terms of issuing permits in a timely manner, s...Read More

Two Canadian provinces - Saskatchewan and Manitoba - are the world's top two most attractive mining investment destinations, displacing Western Australia from the first to the third place, the latest annual global survey of mining executives released Tuesday by the Fraser Institute shows.According to Canada's policy think-tank's Annual Survey of Mining Companies, the other seven jurisdictions...Read More

* Graphic: FX rates in 2017 http://tmsnrt.rs/2egbfVh* Europe stocks flat, world shares set for 4th month of gains* Trump flags big infrastructure spend before Tuesday speech* Oil futures firm, gold retreats from 3-1/2-month highBy Marc JonesLONDON, Feb 28 (Reuters) - World stocks hovered just off all-time highs and were on course for a fourth straight month of gains on Tuesday, as investors awaite...Read More

* Graphic: FX rates in 2017 http://tmsnrt.rs/2egbfVh* Europe stocks up, world shares set for 4th month of gains* Trump flags big infrastructure spend before Tuesday speech* Oil futures firm, gold retreats from 3-1/2-month highBy Marc JonesLONDON, Feb 28 (Reuters) - World stocks hovered just off all-time highs and were on course for a fourth straight month of gains on Tuesday, as investors awaited...Read More

In New York on Monday copper for delivery in May was trading slightly for the better at $2.6980 per pound or $5,940 a tonne after conflicting reports about talks between BHP Billiton and workers at its Escondida mine in Chile.Two weeks ago copper jumped to its highest level since late May 2015 after Escondida workers first went on strike and is showing year-to-date gains of 7%.In a television...Read More

Cupric Canyon Capital, a private equity firm backed by the ex-Natural Resource Investments unit of Barclays and managed by former executives of Freeport McMoran, said Monday it now has $50 million to bring its Botswana copper-silver project into production.Khoemacau is expected to initially produce 50,000 tonnes of copper and 1.4 million ounces of silver a year, but future expansions could increa...Read More

Investing.com - Gold prices were little changed near a three-and-a-half-month high during European morning hours on Monday, as market players looked ahead to U.S. President Donald Trump's address to Congress on Tuesday for further details on his promises of tax reform, deregulation and infrastructure spending.Investors also looked ahead to a speech by Federal Reserve Chair Janet Yellen on Friday f...Read More

President Bush Defends the 'Indispensable' Media in Rare Interview: 'Power Can Be Very Addictive' … Former president George W. Bush took a few thinly veiled shots at President Donald Trump during an interview with NBC's "Today" show. The Republican ex-president appeared on Monday's program to promote his upcoming book, "Portraits of Courage: A Commander in Chief's Tribute to America's Warrio...Read More