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
President Trump, Keep The Federal Reserve Independent – It’s Too Expensive Not To … There is talk about that Donald Trump and his administration will try to bring the Federal Reserve to heel with some appointments to the board of that body. … But there’s a definite limit to how far this should go for, as not enough people know, the point of the Fed is to curb the ent...Read More
John McCain Becomes Critic in Chief of the Trump Administration … Senator John McCain has long had a reputation as a political maverick. But with the rise of a president who has vowed to shatter the old order, Mr. McCain has emerged as an outspoken defender of longstanding Republican verities on foreign policy and as one of his party's most biting critics of the new commander in chief. ̵...Read More
President Trump, Keep The Federal Reserve Independent – It’s Too Expensive Not To … There is talk about that Donald Trump and his administration will try to bring the Federal Reserve to heel with some appointments to the board of that body. … But there’s a definite limit to how far this should go for, as not enough people know, the point of the Fed is to curb the ent...Read More
"Grade is king". This is very true, especially in today's challenging mineral commodities market conditions. The grade of metal in ore is usually directly related to the ability of a particular mine to make money and be profitable.All things being equal, a higher grade generally means lower production costs per ounce/pound/ton, making high-grade ore deposits a crucial consideration for mining inve...Read More
Story developed using data from Mining Intelligence. Learn more and schedule a demo."Grade is king". This is very true, especially in today's challenging mineral commodities market conditions. The grade of metal in ore is usually directly related to the ability of a particular mine to make money and be profitable.All things being equal, a higher grade generally means lower production costs per o...Read More
Investing.com - Gold prices fell on Friday as the stronger dollar outweighed concerns about uncertainty surrounding U.S. policy and upcoming elections in Europe.Gold for February delivery settled down 0.46% at $1,235.85 on the Comex division of the New York Mercantile Exchange.The U.S. dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, ro...Read More
Bret Stephens delivered the Daniel Pearl Memorial Lecture this week at the University of California, Los Angeles. Read the full text of his remarks below: I'm profoundly honored to have this opportunity to celebrate the legacy of Danny Pearl, my colleague at The Wall Street Journal … – Time MagazineThe Wall Street Journal doesn’t always tell the truth. This speech that deals in...Read More
Old Earth Ruins, Ancient Dams, Airports, Lifelines, Canal Systems and Underwater Structures … Rips the lid off the coffin of the credibility of mainstream history model.This video by Newearth deals with ancient dams, canal systems and structures that once made up a thriving international culture before recorded history.It is one of a series of over 50 videos made by Newearth who is an aficio...Read More
Bret Stephens delivered the Daniel Pearl Memorial Lecture this week at the University of California, Los Angeles. Read the full text of his remarks below: I'm profoundly honored to have this opportunity to celebrate the legacy of Danny Pearl, my colleague at The Wall Street Journal … – Time MagazineThe Wall Street Journal doesn’t always tell the truth. This speech that deals in...Read More
Old Earth Ruins, Ancient Dams, Airports, Lifelines, Canal Systems and Underwater Structures … Rips the lid off the coffin of the credibility of mainstream history model.This video by Newearth deals with ancient dams, canal systems and structures that once made up a thriving international culture before recorded history.It is one of a series of over 50 videos made by Newearth who is an aficio...Read More
A Medical Theory for Donald Trump's Bizarre Behavior … Many mental health professionals believe the president is ill. But what if the cause is an untreated STD? … Al Franken recently raised a provocative question about Donald Trump: Is he mentally ill? On HBO's Real Time with Bill Maher last week, the Minnesota senator claimed that some of his Republican colleagues have "great concern...Read More
The Fed Should Raise Rates Next Month … Inflation in the U.S. rose in the year that ended in January by 2.5 percent — faster than expected, and well above the Fed's target of 2 percent. It was the latest sign that the economy needs a rise in interest rates when the Federal Reserve's policy-making committee meets next month.Earlier this year it looked as if rate hikes were being postpon...Read More
A Medical Theory for Donald Trump's Bizarre Behavior … Many mental health professionals believe the president is ill. But what if the cause is an untreated STD? … Al Franken recently raised a provocative question about Donald Trump: Is he mentally ill? On HBO's Real Time with Bill Maher last week, the Minnesota senator claimed that some of his Republican colleagues have "great concern...Read More
The Fed Should Raise Rates Next Month … Inflation in the U.S. rose in the year that ended in January by 2.5 percent — faster than expected, and well above the Fed's target of 2 percent. It was the latest sign that the economy needs a rise in interest rates when the Federal Reserve's policy-making committee meets next month.Earlier this year it looked as if rate hikes were being postpon...Read More
Canada's Northern Dynasty Minerals (TSX:NDM) (NYSEMKT:NAK), the company behind a vast, but stalled copper-gold project in Alaska, slammed Friday a short-seller's report that claims the firm lied about the value of its proposed Pebble mine.Kerrisdale Capital of New York said Tuesday the project was not commercially viable and that it really is a low-grade deposit that would require too much upfr...Read More
* Global stocks retreat from record highs* Earnings buoying European equities* Investors await substantive policy update from TrumpBy Helen ReidLONDON, Feb 17 (Reuters) - Global equity markets were set to end the week on a softer footing on Friday, after setting record highs in the previous two sessions, as investors looked for clarity on U.S. President Donald Trump's policies on tax and trade.The...Read More
Investing.com - Gold prices slipped lower on Friday, as the U.S. dollar slightly recovered from losses posted in the previous session, although ongoing geopolitical concerns were likely to continue to support safe-haven demand.On the Comex division of the New York Mercantile Exchange, gold futures for April delivery were down 0.28% at $1,238.05, just off Thursday's one-week high of 1,240.70.The Ap...Read More
(Adds futures, company news items)Feb 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat at 7278 points on Friday, according to financial bookmakers , with futures FFIc1 up 0.02 percent ahead of the cash market open.* The blue-chip FTSE 100 index .FTSE ended the day down 0.3 percent at 7,277.92 points on Thursday, in line with a broader decline among European indexes. The FTSE drop...Read More
Feb 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat at 7278 points on Friday, according to financial bookmakers.* The blue-chip FTSE 100 index .FTSE ended the day down 0.3 percent at 7,277.92 points on Thursday, in line with a broader decline among European indexes. The FTSE dropped 28.46 points, of which 27.64 were due to ex-divs, according to Reuters calculations. Anglo Americ...Read More
Tony Blair on Friday announced his "mission" to get Brits who voted to remain in the European Union to "rise up in defense of what we believe" while accusing the government of being "obsessed with Brexit" and bemoaning the lack of an effective opposition. In his first major speech since the EU referendum, the former prime minister told an audience in the City of London that people were misinformed...Read More