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

(Adds company news item, updates items and futures)Dec 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down about 0.2 percent on Tuesday, according to financial bookmakers, with futures FFIc1 down 0.04 percent ahead of the cash market open.* The UK blue chip index closed up 0.1 percent at 7,017.16 points after a choppy session on Monday, led higher by a rise among more defensive stoc...Read More

Dec 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down about 0.2 percent on Tuesday, according to financial bookmakers.* The UK blue chip index closed up 0.1 percent at 7,017.16 points after a choppy session on Monday, led higher by a rise among more defensive stocks, including pharma firms such as Hikma HIK.L and Mediclinic MDCM.L , as well as Reckitt Benckiser RB.L and Unileve...Read More

(Adds details, quotes from company spokesman)LUSAKA, Dec 20 (Reuters) - Konkola Copper Mines (KCM), owned by Vedanta Resources < VED.L>, has been ordered by a London court to pay the Zambian government more than $100 million for a claim related to the copper price, a state-owned company involved in the dispute said.The claim relates to outstanding payments under a 2013 copper price participation s...Read More

LUSAKA, Dec 20 (Reuters) - Konkola Copper Mines (KCM), owned by Vedanta Resources < VED.L>, has been ordered by a London court to pay the Zambian government more than $100 million for a claim related to the copper price, the state-owned company said in a statement.The claim relates to outstanding payments under a 2013 copper price participation settlement agreement entered into between Zambia Cons...Read More

The copper price hit an 18-month high on an intraday basis at the end of November, buoyed by a rebound in top consumer China and a hopes of stronger economic growth in the US.But the metal has been mostly in retreat this month as doubts creep in about the impact of president elect Trump's fiscal stimulus plans and a stronger dollar prompts profit-taking.On Monday copper for delivery in March, t...Read More

Canadian junior Wealth Minerals (TSX-V:WML) said Monday it has signed a letter of intent to acquire one of Chile's attractive lithium projects located in the country's north, known for its vast salt flats under which experts say there is enough of the commodity to supply the world for decades.The project, known as Laguna Verde, comprises 23 concessions for a total of 2,438 hectares, with total inf...Read More

Brazil's Vale (NYSE:VALE), the world's largest iron ore and nickel miner, said Monday it will sell most of its fertilizer business to US-based Mosaic Co. (NYSE:MOS), the No.1 producer of phosphate fertilizer, in a deal worth about $2.5 billion.The transaction, part of Vale's strategy to cut debt and focus on its core businesses, excludes the nitrogen and phosphate assets in Cubat??o, Brazil, which...Read More

Investing.com - Gold prices edged up during European hours on Monday, extending its recovery from ten-month lows as the U.S. dollar pulled back from recent highs.Gold for February delivery on the Comex division of the New York Mercantile Exchange tacked on $4.55, or 0.4%, to $1,141.95 a troy ounce by 2:55AM ET (07:55GMT), after rising $7.60, or 0.67%, in the prior session.Prices of the yellow meta...Read More

(Adds futures, company news item)Dec 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 10 points at 7,022 on Monday, according to financial bookmakers, with futures FFIc1 up about 0.5 percent ahead of the cash market open.* The UK blue chip index closed 0.2 percent higher on Friday at 7,011.64, building on a seven-week high hit the previous day and buoyed by a rally among oil stocks...Read More

Dec 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 10 points at 7,022 on Monday, according to financial bookmakers.* The UK blue chip index closed 0.2 percent higher on Friday at 7,011.64, building on a seven-week high hit the previous day and buoyed by a rally among oil stocks, though IT firm Micro Focus MCRO.L dropped after a rating downgrade. IAG: Talks aimed at averting a p...Read More

Palisade Research December 19, 2016 Category: Research Palisade Global’s CEO, Collin Kettell, is interviewed on The Power & Market Report. He chats about the recent pull-back in gold and also talks about Palisade’s big bet in uranium. Find out why he is so bullish on both commodities. Read More

Investing.com - Gold prices bounced off the previous session's 10-month lows on Friday, but the precious metal still posted its sixth straight weekly decline as expectations for higher U.S. interest rates in the months ahead continued to weigh.Gold for February delivery on the Comex division of the New York Mercantile Exchange tacked on $7.60, or 0.67%, to end the week at $1,137.40 a troy ounce. A...Read More

Facebook’s war on ‘fake news’ has skeptics asking: Who decides? ... Facebook's big crackdown on so-called "fake news" has one glaring fault, according to critics: Who gets to say what's real and what's not? - Fox NewsFacebook, which is rapidly becoming the largest "news" agency in the world, intends to use a selected group of supposedly non-government facilities to determine what...Read More

Facebook’s war on ‘fake news’ has skeptics asking: Who decides? ... Facebook's big crackdown on so-called "fake news" has one glaring fault, according to critics: Who gets to say what's real and what's not? - Fox NewsFacebook, which is rapidly becoming the largest "news" agency in the world, intends to use a selected group of supposedly non-government facilities to determine what...Read More

Should journalists be worried about the Countering Disinformation and Propaganda Act? The Countering Disinformation and Propaganda Act was rolled into H.R. 6393 and is headed to the President for approval. -Network WorldThere is such a hush regarding H.R. 6393 that we can’t tell if it’s been signed by the President yet and likewise another anti-media bill H.R. 5181 – introduced b...Read More

Should journalists be worried about the Countering Disinformation and Propaganda Act? The Countering Disinformation and Propaganda Act was rolled into H.R. 6393 and is headed to the President for approval. -Network WorldThere is such a hush regarding H.R. 6393 that we can’t tell if it’s been signed by the President yet and likewise another anti-media bill H.R. 5181 – introduced b...Read More

A promise by the Taliban to safeguard the world's second largest untapped copper deposit is being downplayed by the sitting government of Afghanistan.In a statement on November 29, the shadowy group known for harbouring Osama bin Laden following the 2001 terrorist attacks on the United States, said that the Mes Aynak copper deposit is among those that it would allow for development."The Taliban...Read More

The state of Montana has once again sent Canada's Tintina Resources (CVE:TAU) back to the drawing board, saying the company's permit application for a proposed copper mine needed improvement.The department's most recent deficiency letter includes numerous comments, largely related to parts of the application that were missing or incomplete.The Montana Department of Environmental Quality (DEQ) issu...Read More

* Dollar trades near 14-year high* European shares set 11-month high* Two-year German bond yields reach record lowsBy Atul PrakashLONDON, Dec 16 (Reuters) - European stocks climbed to an 11-month high on merger and acquisition speculation on Friday, while the dollar's rally paused as investors adjusted their portfolios to cope with any faster-than-expected increases in U.S. interest rate.World sto...Read More

* Dollar trades near 14-year high* European shares steady near 11-month high* two-year German bond yields hit record lowsBy Atul PrakashLONDON, Dec 16 (Reuters) - The dollar's post-Federal Reserve rally steadied on Friday and European shares traded near 11-month highs as investors adjusted their portfolios before year-end to face the prospect of a faster-than-expected pace of U.S. rate hikes next...Read More