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

The EU Is Warning American Tech Giants to Crack Down on Hate Speech Now ... "They will have to act quickly and make a strong effort in the coming months." U.S. tech giants including Facebook, Twitter, Google's YouTube and Microsoft will have to act faster to tackle online hate speech or face laws forcing them to do so, the European Commission said on Sunday. -ReutersWestern governments are cen...Read More

Credit ratings agency Moody's warned at the beginning of the year that the downturn in raw materials was like no other and that the global mining sector was undergoing structural change.As a result, Moody's embarked on a sector-wide review of the 87 global mining majors that it covers and in the process dropped big names like Freeport-McMoRan, Anglo American and Vale into junk territory and axed r...Read More

The copper price hit an 18-month high on an intraday basis last week as global manufacturing activity continues to pick up and hopes about US president-elect Trump's $500 billion infrastructure plans lift sentiment.In Asian trade on Monday copper for delivery in March, the most active contract, jumped 1% to exchange hands for $2.6515 per pound ($5,845 a tonne) on the Comex market in New York.Af...Read More

Story developed using data from Mining Intelligence. Learn more and schedule a demo.With a more than 75% price jump over the year, zinc is the best performing major metal throughout the mineral commodities market.There are two main factors behind this remarkable zinc price performance.First, despite the fact that China's economy is slowing its pace zinc demand keeps growing, especially in Asia....Read More

Investing.com - Gold prices rose on Friday, moving higher for the first time in four sessions despite a solid U.S. jobs report as the dollar slid, helping support demand for the precious metal.Gold for February delivery settled up 0.82% at $1,179.00 on the Comex division of the New York Mercantile Exchange.Prices hit lows of $1,160.00 a troy ounce on Thursday, their weakest level since February.Th...Read More

SHOCK CLAIM: Elite preparing for Nibiru apocalypse NEXT YEAR but the rest of us are DOOMED … -Express UKThere’s been a considerable expansion of stories in the media forecasting a collision between earth and the Planet Nibiru. This is of interest to those of us who track elite memes in order to track levels of concern in the general population.Generally speaking the more fear there...Read More

SHOCK CLAIM: Elite preparing for Nibiru apocalypse NEXT YEAR but the rest of us are DOOMED … -Express UKThere’s been a considerable expansion of stories in the media forecasting a collision between earth and the Planet Nibiru. This is of interest to those of us who track elite memes in order to track levels of concern in the general population.Generally speaking the more fear there...Read More

Kentucky Senator Rand Paul has been on the warpath when it comes to President-elect Donald Trump's secretary of state picks. He's not been one to hold back commentary about former ambassador to the U.N. John Bolton, calling him a "menace," and vowing that if Trump decided to go with Bolton, the Senator would gather the necessary votes to stop it. -The BlazeAs we can see from the above article exce...Read More

Kentucky Senator Rand Paul has been on the warpath when it comes to President-elect Donald Trump's secretary of state picks. He's not been one to hold back commentary about former ambassador to the U.N. John Bolton, calling him a "menace," and vowing that if Trump decided to go with Bolton, the Senator would gather the necessary votes to stop it. -The BlazeAs we can see from the above article exce...Read More

The US Environmental Protection Agency (EPA) announced Friday a new set of financial responsibility requirements for the hard rock mining industry, which main goal is said to be protecting taxpayers from having to carry the weight of expensive clean-up operations.Under the proposed regulation, companies mining non-coal minerals such as gold, silver, copper or lead would have to demonstrate to the...Read More

Illicit trafficking of diamonds from the Central African Republic (CAR) into neighbouring Cameroon continues to partially finance an almost three-year conflict, a report published Friday shows.According to Partnership Africa Canada, Cameroon's poor controls, smuggling and corruption, explain the country's failure to implement the Kimberley Process - an international diamond certification scheme me...Read More

(Adds company news item, adds futures)Dec 2 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 48 points at 6,704 on Friday, according to financial bookmakers, with futures FFIc1 down 0.6 percent ahead of the cash market open.* The UK blue chip index closed down 0.5 percent on Thursday at 6,752.93, pulled down by more evidence of the weak pound damaging consumer goods companies and by...Read More

Dec 2 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 48 points at 6,704 on Friday, according to financial bookmakers.* The UK blue chip index closed down 0.5 percent on Thursday at 6,752.93, pulled down by more evidence of the weak pound damaging consumer goods companies and by some stocks trading without rights to their latest dividend payouts. TALKTALK: A cyber attack on Britain...Read More

Silver: Being Bearish A Crowded Trade ... Bullish sentiment on silver is at its lowest reading since July of last year. ... A Trump win in the election was supposed to be bullish for precious metals stocks, but instead investors have seen the plunge in mining shares exacerbated. Despite the 40-week moving average being strong support this year, silver plunged through it post-election like it...Read More

Silver: Being Bearish A Crowded Trade ... Bullish sentiment on silver is at its lowest reading since July of last year. ... A Trump win in the election was supposed to be bullish for precious metals stocks, but instead investors have seen the plunge in mining shares exacerbated. Despite the 40-week moving average being strong support this year, silver plunged through it post-election like it...Read More

Shares in Lundin Mining (TSX:LUN) jumped more than 5% on Thursday after the company announced the introduction of a quarterly dividend policy and provided a strong production outlook for its copper and zinc operations. The company, worth $3.7 billion in New York, is up nearly 90% this year thanks to the rally in base metals.The first $0.03 per share payment, pending board approval, is expected to...Read More

Mining and commodities trader giant Glencore (LON:GLEN) just added a fresh sign to a mounting pile of indicators that signal a long-awaited recovery in the mining industry, by announcing it will resume paying dividends in 2017 and also meet its goal this year to cut net debt.The Swiss company, which was one of the worst-performing stocks in the FTSE 100 last year amid a commodity prices rout, said...Read More

(Corrects foreign ministry spokesman's response to "unaware of situation" not "aware of situation" in paragraph 8)ULAANBAATAR, Dec 1 (Reuters) - A major border crossing between China and Mongolia has imposed new fees on commodity shipments between the two countries, amid a diplomatic row sparked by the visit to Ulaanbaatar of the Tibetan spiritual leader the Dalai Lama last week.The Dalai Lama is...Read More

(Adds company news and sector items, futures)Dec 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 1 point higher on Thursday, according to financial bookmakers, with futures down 0.15 percent ahead of the cash market open.* The UK blue chip index closed up 0.2 percent on Wednesday at 6,783.79, led by rebounding energy stocks after oil prices surged to their biggest one-day gain in nine...Read More

Dec 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 1 point higher on Thursday, according to financial bookmakers.* The UK blue chip index closed up 0.2 percent on Wednesday at 6,783.79, led by rebounding energy stocks after oil prices surged to their biggest one-day gain in nine months when major producers agreed to output cuts to curb oversupply. FTSE RESHUFFLE: Precious metals mini...Read More