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

Trump Shouldn't Bully the Fed ... U.S. President-elect Donald Trump repeatedly criticized Federal Reserve Chair Janet Yellen during his campaign. British Prime Minister Theresa May has questioned the Bank of England's recent actions, for a while putting Governor Mark Carney's tenure in doubt. The long-cherished principle of central-bank independence seems to be under attack. – BloombergThe...Read More

Trump Shouldn't Bully the Fed ... U.S. President-elect Donald Trump repeatedly criticized Federal Reserve Chair Janet Yellen during his campaign. British Prime Minister Theresa May has questioned the Bank of England's recent actions, for a while putting Governor Mark Carney's tenure in doubt. The long-cherished principle of central-bank independence seems to be under attack. – BloombergThe...Read More

The US government has banned new mining claims close to Yellowstone National Park as the Obama administration steps up efforts to keep the extractive industry out of environmentally sensitive areas before President-elect Donald Trump takes office in January.Temporary ban affects new claims on a 30,000-acres area north of Yellowstone.New mining claims will now be prohibited on about 30,000 acres...Read More

Canada's federal government has granted Seabridge Gold (TSX:SEA) (NYSE:SA) a key licence required for the construction, operation and maintenance of a water storage facility and related works at its massive KSM project in northwestern British ColumbiaKSM mine is expected to have an annual gold output of 1 million ounces during its first seven years of operation.The 25-year permit for Seabridge...Read More

Shares of Teck Resources Ltd. (TSX:TCK.B) were up almost 3% as of press time after the company announced November 21 it has inked a $25 million all-cash deal to purchase AQM Copper Inc. (TSX-V:AQM), a Toronto-based junior miner with a 30% indirect interest in the Zafranal copper-gold project in Peru.Teck already owns a 50% indirect interest in the project, and the move will bring its share to 80%....Read More

(Removes extraneous apostrophe in fifth line.)* Oil hits three-week high on OPEC prospects, weaker dollar* Copper up on expectations of more China demand* Dollar slips but stays close to highest since 2003* S&P nears intraday record, poised for closing recordBy Chuck MikolajczakNEW YORK, Nov 21 (Reuters) - U.S. stocks climbed on Monday to approach a record peak, and European equity markets also ad...Read More

* Oil hits three-week high on OPEC prospects, weaker dollar* Copper up on expectations of more China demand* Dollar slips but stays close to highest since 2003* French primary surprise triggers bond market volatility* Europe stocks edge up, Wall St seen opening modestly higherBy Nigel StephensonLONDON, Nov 21 (Reuters) - Oil prices rose to three-week highs on Monday, supported by a weak dollar and...Read More

Investing.com - Gold prices ticked higher in European hours on Monday, but held near the lowest level since May on expectations for a Federal Reserve rate hike and fiscal stimulus by President-elect Donald Trump.Gold for December delivery on the Comex division of the New York Mercantile Exchange tacked on $6.15, or 0.51%, to $1,214.85 a troy ounce by 3:33AM ET (08:33GMT). It fell to $1,201.30 on F...Read More

'Truth Decay' Makes Facts Subjective and Polarization More Extreme ... Disagreements over policy have always existed-but disagreements over basic facts have not. It's a phenomenon that RAND CEO Michael Rich calls "truth decay." -Rand Corporation blogMichael Rich, head of Rand Corporation has come up with a new phrase to describe "fake news," calling it "truth decay." The Rand Corporation is a le...Read More

'Truth Decay' Makes Facts Subjective and Polarization More Extreme ... Disagreements over policy have always existed-but disagreements over basic facts have not. It's a phenomenon that RAND CEO Michael Rich calls "truth decay." -Rand Corporation blogMichael Rich, head of Rand Corporation has come up with a new phrase to describe "fake news," calling it "truth decay." The Rand Corporation is a le...Read More

At least five miners are dead and 11 are trapped after a landslide swept through a copper mine in southeastern Turkey.The natural disaster happened late last Thursday at the Madenk??y copper mine, located in the ??irvan district of Siirt province. In a statement, private company Park Elektrik A.??. blamed heavy rains for the landslide, and said that mining has been temporarily suspended.Five...Read More

Investing.com - Gold prices fell to the lowest level since May on Friday as the dollar rallied to almost 14-year highs amid a rally driven by the U.S. presidential election and expectations that the Federal Reserve will raise interest rates next month.Gold for December delivery on the Comex division of the New York Mercantile Exchange hit lows of $1,202.05 a troy ounce and settled down 0.74% at $1...Read More

Looking for how to invest in gold?What does that mean to the average investor?Do you think of running out to the local bullion dealer to begin stockpiling gold bars in your basement?Or perhaps visiting a local jeweller or pawn shop to buy a bunch of gold chains or coins?Although purchasing jewellery or bullion do create an exposure to gold, they are hardly the only (or most effective) ways. The ma...Read More

* Wall Street slips, led by healthcare decline* Dollar index set for biggest 2-week rise in 20 months* Oil gains 5 pct on the week on OPEC hopes (Updates prices, comments)By Rodrigo CamposNEW YORK, Nov 18 (Reuters) - The U.S. dollar climbed on Friday to its highest level since 2003 on continued bets on faster inflation and higher interest rates, while Treasuries resumed a selloff that left yields...Read More

* Wall Street slips, led by healthcare decline* Dollar index set for biggest 2-week rise in 20 months* Oil down for day on strong dollar, up for week on OPEC hope (Updates prices, comments)By Rodrigo CamposNEW YORK, Nov 18 (Reuters) - The U.S. dollar climbed on Friday to its highest level since 2003 on continued bets on faster inflation and higher interest rates, while Treasuries resumed a selloff...Read More

Zuckerberg: Facebook will develop tools to fight fake news ... Fake news sites designed to trick you ... Mark Zuckerberg has outlined a series of measures that should help prevent fake news from being shared on Facebook. The planned controls, which were announced in a late night Facebook post, follow accusations that a flood of fake news stories influenced the U.S. presidential election. -CNNFaceb...Read More

Zuckerberg: Facebook will develop tools to fight fake news ... Fake news sites designed to trick you ... Mark Zuckerberg has outlined a series of measures that should help prevent fake news from being shared on Facebook. The planned controls, which were announced in a late night Facebook post, follow accusations that a flood of fake news stories influenced the U.S. presidential election. -CNNFaceb...Read More

The Canadian province of Quebec has partnered with one of the country's leading firms in risk management and contractor compliance to develop a platform that aims to help local suppliers bid for Plan Nord contracts.Plan Nord is a provincial initiative to invest about $1.3 billion in infrastructure and other projects over the next five years in hopes of attracting $50 billion in public and privat...Read More

Greece has granted Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) permission to build a plant at its Skouries gold mine in the northern part of the country, one of four major operations the firm has there.Decision unblocks the construction of the plant at Eldorado's Skouries gold mine, one of four major operations the firm has in Greece.The approval comes only a week after Giorgos Stathakis took cha...Read More

While mining companies have resumed projects that were placed in the back burner last year and upped capital spending, employees have yet to benefit from the surge in commodity prices.While most miners have managed to straighten balance sheets, they have not began preparing to deal with a new looming risk - their ability to access workers with the skills needed in an upswing.The issue is not onl...Read More