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

Investing.com - Gold prices steadied on Friday, but remained below the week's three-month highs as the dollar pared back some of the gains made in the wake of U.S. President Donald Trump's promise of a major tax announcement.Gold for February delivery settled down 0.15% at $1,235.0 on the Comex division of the New York Mercantile Exchange. The precious metal was still 1.3% higher for the week.On W...Read More

Business Arrow Policy Planned Espionage Act could jail journos and whistleblowers as spies ... Proposals in the UK for a swingeing new Espionage Act that could jail journalists as spies have been developed in haste by legal advisors, The Register has learned. The proposed law update is an attempt to ban reporting of future big data leaks. The British government has received recommendations...Read More

Real Dinosaurs Caught on Tape … This is the proof that their may still be dinosaurs alive and that dinosaurs existed with man! This is a channel of truth and exciting videos you cannot watch on television …This video is much different than a previous speculation that many dinosaurs did not exist at all.But it is worth examining because it shows numerous examples of dinosaur illustrat...Read More

Business Arrow Policy Planned Espionage Act could jail journos and whistleblowers as spies ... Proposals in the UK for a swingeing new Espionage Act that could jail journalists as spies have been developed in haste by legal advisors, The Register has learned. The proposed law update is an attempt to ban reporting of future big data leaks. The British government has received recommendations...Read More

Real Dinosaurs Caught on Tape … This is the proof that their may still be dinosaurs alive and that dinosaurs existed with man! This is a channel of truth and exciting videos you cannot watch on television …This video is much different than a previous speculation that many dinosaurs did not exist at all.But it is worth examining because it shows numerous examples of dinosaur illustrat...Read More

A leaked White House memo, which outlines the suspension of a portion of the Dodd-Frank rule on conflict minerals', will exacerbate already high levels of violence in DR Congo. US President Donald Trump is expected to sign an executive order that will relieve companies for at least the next two years from demonstrating to US authorities that the minerals they use have been sourced ethically. The m...Read More

In New York on Friday copper for delivery in March jumped by more than 4% to $2.7710 per pound or $6,100 a tonne after BHP Billiton declared force majeure at its Escondida mine in Chile.Copper is now trading at its highest level since late May 2015 with year-to-date gains of just under 10%. BHP confirmed on Friday it could no longer meet contractual obligations on metals shipments from the mi...Read More

In the latest chapter on the saga "Quebec versus junior miner Copper One" (TSX-V:CUO), the province's Ministry of Energy and Natural Resources (MERN) suspended this week all exploration permits for the company's Riviere Dore copper-nickel project.According to the Toronto-based firm, the authority's decision is clearly "abusive" and it evidences "an excess of jurisdiction," reason why Copper One w...Read More

Investing.com - Gold prices tumbled on Friday, as the U.S. dollar remained broadly supported following recent comments by U.S. President Donald Trump on tax reform and an upbeat jobless claims report added to optimism over the strength of the U.S. economy.On the Comex division of the New York Mercantile Exchange, gold futures for April delivery were down 1.12% at $1,223.00, the lowest since Februa...Read More

(Adds futures, company news item)Feb 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 23 points at 7,252 on Friday, according to financial bookmakers, with futures FFIc1 up 0.3 percent ahead of the cash market open.* The UK blue chip index was up 0.6 percent at 7,229.50 points at the market close, underperforming the pan-European STOXX 600 .STOXX index on Thursday, as insurance and...Read More

Feb 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 23 points at 7,252 on Friday, according to financial bookmakers.* The UK blue chip index was up 0.6 percent at 7,229.50 points at the market close, underperforming the pan-European STOXX 600 .STOXX index on Thursday, as insurance and banking stocks picked up pace, while miners weighed. LLOYDS: Lloyds Banking Group LLOY.L is the l...Read More

Jordan Roy Byrne February 10, 2017 Category: Research Resource investors know that spot uranium prices have been on a tear.However, astute resource investors know that it's the recent uptick in long-term prices that really matter. Last week, long-term prices increased from $30/lb to $35/lb, and this is important because 70-80% of uranium is transacted under contracts.So, what in recent news is...Read More

Donald Trump signs executive order giving police more powers ... The President has signed three orders to tackle 'public safety' moments after he swore in Jeff Sessions as Attorney General. -UK IndependentDid Donald Trump run specifically on a law and order platform? We know he wanted more checks and balances but that is a lot different that insisting on good deal more police from the very beginni...Read More

Fed's Evans says inflation has to hit 2% for central bank to maintain credibility. Chicago Fed President Charles Evans has forecast two interest rate hikes this year but said he could be comfortable with a third. – MarketwatchThis article goes on about why the Federal Reserve has to raise price inflation in order to remain credible. Its point is that in the 1970s, inflation had to brought do...Read More

Donald Trump signs executive order giving police more powers ... The President has signed three orders to tackle 'public safety' moments after he swore in Jeff Sessions as Attorney General. -UK IndependentDid Donald Trump run specifically on a law and order platform? We know he wanted more checks and balances but that is a lot different that insisting on good deal more police from the very beginni...Read More

Fed's Evans says inflation has to hit 2% for central bank to maintain credibility. Chicago Fed President Charles Evans has forecast two interest rate hikes this year but said he could be comfortable with a third. – MarketwatchThis article goes on about why the Federal Reserve has to raise price inflation in order to remain credible. Its point is that in the 1970s, inflation had to brought do...Read More

In New York on Thursday copper for delivery in March declined 1% at $2.6410 per pound or $5,822 a tonne despite news of strikes at three mines responsible for some 10% of total global output. Last week copper touched its highest level since June 2015 above $2.72 a pound.Protesting workers settled in for the long haul, equipped with stockpiles of gas cylinders, portable cookers and tents to wea...Read More

Mining giant BHP Billiton (ASX, NYSE:BHP) (LON:BLT) approved Thursday a $2.2 billion investment to expand its Mad Dog deep-water oilfield in the Gulf of Mexico.Expansion has the potential to increase production to 140,000 barrels of oil per day from the about 80,000 barrels it currently generates.The expansion of the project, operated by BP (LON:BP.A) (NYSE:BP), has the potential to increase produ...Read More

* Zambia scraps import tax plan* Vedanta expands in South Africa, Namibia, ZambiaBy Barbara LewisCAPE TOWN, Feb 9 (Reuters) - Indian mining company Vedanta Resources VED.L is urgently trying to overcome technical issues at its Zambian copper operations that it says have the potential to produce the metal for another 50 years.The mining industry as a whole has been frustrated by a lack of availab...Read More

Investing.com - Gold prices rose modestly in European morning trade on Thursday, holding near the prior session's three-month high amid growing concerns over political risks in Europe and economic uncertainty in the U.S.Gold for April delivery on the Comex division of the New York Mercantile Exchange inched up $2.10, or about 0.2%, to $1,241.60 a troy ounce by 3:10AM ET (08:10GMT), after rising $3...Read More