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

After four-plus years of declines, 2016 was a comeback year for natural resources and the oil and mining industries - with only a couple of exceptions, energy, metal and mineral prices rallied last year.According to a new report by private capital tracker Preqin, the improving conditions of last year did not filter through to all sectors.Overall fundraising for natural resources investment actual...Read More

Egypt will hold this Sunday its first international tender for gold mining concessions, most of which are located in Sinai and the Eastern Desert, the Egyptian Mineral Resources Authority (EMRA) said.In a statement quoted by Ahram Online, the body said the cost of participating in the bidding round, scheduled to end mid-April, is $1,000. An additional $5,000 will be charged for documents contain...Read More

Egypt will hold this Sunday its first international tender for gold mining concessions, most of which are located in Sinai and the Eastern Desert, the Egyptian Mineral Resources Authority (EMRA) said.In a statement quoted by Ahram Online, the body said the cost of participating in the bidding round, scheduled to end mid-April, is $1,000. An additional $5,000 will be charged for documents contain...Read More

Shares in Yamana Gold (TSE:YRI) (NYSE:AUY) were down more than 2% in both Toronto and New York Wednesday morning after the miner confirmed its El Pe????n mine in Chile has been suspended since Friday due to a strike that is expected to be joined by more unionized workers in the coming days.Operations have been suspended since Friday after underground workers rejected the company's final offer an...Read More

Investing.com - Gold prices rose to a fresh six-week high on Wednesday, as markets looked ahead to President-elect Donald Trump's first press conference since his election victory later in the day.Gold for February delivery on the Comex division of the New York Mercantile Exchange touched a session peak of $1,191.00 a troy ounce, a level not seen since November 30.It was last at $1,188.35 by 3:20A...Read More

How Economists Can Stay Relevant Under Trump ... Economists are going to have to approach things a bit differently if they want to stay relevant in the Trump age. Political economy research is going to become more important. Some humility wouldn’t hurt. And they should look someplace other than the federal government to test their ideas. This is what I took away from this past weekend̵...Read More

How Economists Can Stay Relevant Under Trump ... Economists are going to have to approach things a bit differently if they want to stay relevant in the Trump age. Political economy research is going to become more important. Some humility wouldn’t hurt. And they should look someplace other than the federal government to test their ideas. This is what I took away from this past weekend̵...Read More

A pillar of president-elect Trump's economic plan is fiscal stimulus in the form of tax cuts and $500 billion-plus of infrastructure spending.Trump's victory sparked a rally in the copper price which is seen as a bellwether for metals and industry as a whole thanks to its widespread use in construction, the power sector, manufacturing and transportation.The World Bank's outlook for the world ec...Read More

Commodity bulls got a hold of the two biggest mining markets on Tuesday providing both copper and iron ore a more than 3% boost in price after upbeat news from top consumer China and forecasts of strong growth in the US.The Northern China import price of 62% Fe content ore added 3.2% to $80.10 per dry metric tonne, a three-week high according to data supplied by The Steel Index. Copper futures tra...Read More

Canada's Erdene Resource (TSX:ERD), one of the very few miners to never have encountered issues in Mongolia, unveiled Tuesday results for nine diamond drill holes from its step-out program at Bayan Khundii gold project, which shows a discovery made in October is larger than originally thought.The project, now Erdene's flagship venture, has grown to prominence in the past 18 months. The company ha...Read More

Canadian junior Filo Mining (TSX-V:FIL), a Lundin Group company, is moving ahead with its flagship into copper, gold and silver project straddling the Chile-Argentina border by investing US$7 million to step up drilling efforts.The Vancouver-based company plans to complete 6,000 metres of additional drilling by April this year with the goal of expanding the oxide resource. It also expects to condu...Read More

* European stocks in positive territory* FTSE hits new record high* Brexit worries push sterling to new lows* U.S. stock index futures trade with slight gains* Oil prices edge up, stable after Monday's sell-off* Turkish lira tumbles to fresh record low* Live Markets blog: reuters://realtime/verb=Open/url=http://emea1.apps.cp.extranet.thomsonreuters.biz/cms/?pageId=livemarkets (Recasts, updates thr...Read More

Investing.com - Gold prices rose to a six-week high on Tuesday, as the U.S. dollar weakened amid uncertainty surrounding the Federal Reserve's pace of interest-rate hikes.Gold for February delivery on the Comex division of the New York Mercantile Exchange touched a session peak of $1,187.65 a troy ounce, a level not seen since November 30.It was last at $1,184.25 by 3:10AM ET (08:10GMT), down less...Read More

Bloomberg Volkswagen Executives in Germany to Face U.S. Charges in Diesel ... Some of Volkswagen AG's top executives may find it risky to leave Germany as U.S. prosecutors prepare to charge more company officials. Oliver Schmidt, a VW executive, was arrested in Miami as he was returning to Germany from vacation and faces charges of misleading regulators about the automaker's diesel-emissions che...Read More

Bloomberg Volkswagen Executives in Germany to Face U.S. Charges in Diesel ... Some of Volkswagen AG's top executives may find it risky to leave Germany as U.S. prosecutors prepare to charge more company officials. Oliver Schmidt, a VW executive, was arrested in Miami as he was returning to Germany from vacation and faces charges of misleading regulators about the automaker's diesel-emissions che...Read More

Shares in Auryn Resources Inc (TSE:AUG) jumped more than 15% on Monday, after the company announced an investment agreement with Goldcorp which will see the Vancouver-based giant take a 12.5% stake in Auryn for C$41.2 million (roughly US$31 million).During lunchtime trade the Vancouver-based junior was exchanging hands at $3.56 a share, up 16.7% on the TSX exchange in heavier than usual volume...Read More

The government of US President-elect Donald Trump will have no significant impact on foreign investments into Iran's mining sector, as any re-instatement of sanctions will, if at all, pose minimal additional hurdles to entrepreneurs, according to analysts.In a note Monday, BMI researchers say they rather see other factors, such as domestic operational challenges and low mineral prices, preventing...Read More

(Repeats to additional subscribers)* FTSE 100 hits new record high, up 0.2 pct* Basic resources support index* Bookmaker William Hill tumbles after 2016 results* FTSE small-cap hits new record highBy Helen ReidLONDON, Jan 9 (Reuters) - Britain's blue-chip index hit a new record high on Monday, supported by sterling's weakness on 'hard Brexit' concerns, as miners continued to lead sectoral gains....Read More

Investing.com - Gold prices inched up toward a four-week high on Monday, as market players awaited further evidence to gauge if the world's largest economy is strong enough to withstand higher borrowing costs in the months ahead.Gold for February delivery on the Comex division of the New York Mercantile Exchange tacked on $3.55, or 0.3%, to $1,176.95 a troy ounce by 3:45AM ET (08:45GMT), after fal...Read More

NATO seeks to break up Russia into small client states ... Scores of people have staged a protest in a northern German port city against the deployment and transport of NATO troops and weapons through the city. The protesters marched through the city of Bremerhaven, holding signs and banners that read, "No NATO deployment! End the militaristic march against Russia!" and "Out of NATO." -Press TVAcc...Read More