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

Nov 15 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 24 to 33 points, or 0.5 percent on Tuesday, according to financial bookmakers.* The UK blue chip index closed up 0.34 percent at 6,753.18 points on Monday following a rally in banking and mining stocks, although a slump in utilities kept a lid on broader market gains. REYNOLDS AMERICA/BATS: U.S. cigarette maker Reynolds American...Read More

* Dollar at 11-month peak vs currency basket* Treasury yields jump on inflation, supply risks (Updates to U.S. market close, adds comment)By Rodrigo CamposNEW YORK, Nov 14 (Reuters) - The U.S. dollar hit an 11-month peak against a basket of currencies on Monday as the risk of faster U.S. inflation and wider budget deficits sent Treasury bond yields shooting higher.Both the U.S. currency and yields...Read More

* Dollar at 11-month peak vs currency basket* Treasury yields highest of year on inflation, supply risks (Updates prices)By Rodrigo CamposNEW YORK, Nov 14 (Reuters) - The U.S. dollar hit an 11-month peak against a basket of currencies on Monday as the risk of faster inflation and wider budget deficits sent Treasury bond yields shooting higher.Both the U.S. currency and yields pared some gains in a...Read More

Mining costs in Chile, the world's No. 1 copper producer, were among the highest in the world last year even though most companies spent 2015 cutting expenses and placing projects in the back burner, a new study released Monday shows.Data from the Mining Council, which groups the largest copper, gold and silver miners operating in Chile, reveal that production costs in the country last year were 5...Read More

Venezuela and Gold Reserve (TSE:GRZ), have agreed to rework the terms of a $770 million settlement relating to the seizure of the company's Las Brisas gold-copper mine in 2008.The aggregate payments to be made by Venezuela have not changed and the payments will be completed seven months earlier than originally contemplatedThe Spokane, Washington-based company announced a revised schedule of...Read More

* Dollar at 11-month peak vs currency basket* Treasury yields highest of year on inflation, supply risks* Crude oil falls on oversupply fears, dollar strength (Updates with U.S. prices, changes comments, dateline from previous LONDON)By Rodrigo CamposNEW YORK, Nov 14 (Reuters) - The U.S. dollar hit an 11-month peak against a basket of currencies on Monday as the risk of faster inflation and wider...Read More

* Dollar tops 107 yen, at 11-month peak vs currency basket* Treasury yields highest of year on inflation, supply risks* European shares, Nikkei jump; ex-Japan Asia shares skid* Industrial metals extend bull run, oil goes flat* NZ dollar slips as earthquakes rock countryBy Marc JonesLONDON, Nov 14 (Reuters) - The U.S. dollar hit an 11-month peak on Monday as the risk of faster inflation and wider b...Read More

* Dollar tops 107 yen, at nine-month peak against currency basket* Treasury yields highest since Jan on inflation, supply risks* European shares, Nikkei jump, but Asia shares ex-Japan skid* Industrial metals extend bull run, oil goes flat* NZ dollar slips as earthquakes rock countryBy Marc JonesLONDON, Nov 14 (Reuters) - The U.S. dollar hit an 11-month peak on Monday as the risk of faster domestic...Read More

Investing.com - Gold prices fell to a more than five-month low on Monday, extending four straight sessions of losses as market players continued to dump the yellow metal in wake of Donald Trump's victory in the U.S. presidential election.Gold for December delivery on the Comex division of the New York Mercantile Exchange sank to an intraday low of $1,212.00 a troy ounce, a level not seen since Jun...Read More

Trumpism as a stress test for democracy .... A series of populist anti-globalism shocks is a test for Western democracies. Trump's stunning ascent to the White House is the clearest signal yet of an anti-establishment revolt unfolding in major democracies, stretching across the Atlantic. - Swiss Info TechWas Trump's victory actually created by the very globalist elites that Trump is supposed to h...Read More

Trumpism as a stress test for democracy .... A series of populist anti-globalism shocks is a test for Western democracies. Trump's stunning ascent to the White House is the clearest signal yet of an anti-establishment revolt unfolding in major democracies, stretching across the Atlantic. - Swiss Info TechWas Trump's victory actually created by the very globalist elites that Trump is supposed to h...Read More

Populism Is Not Fascism But It Could Be a Harbinger ... Right-wing populism-indeed, populism of any kind-is a symptom of democracy in trouble; fascism and other revolutionary movements are the consequence of democracy in crisis. But if governments do not do more to address the many social and economic problems the United States and Europe currently face, if mainstream politicians and parties don...Read More

Populism Is Not Fascism But It Could Be a Harbinger ... Right-wing populism-indeed, populism of any kind-is a symptom of democracy in trouble; fascism and other revolutionary movements are the consequence of democracy in crisis. But if governments do not do more to address the many social and economic problems the United States and Europe currently face, if mainstream politicians and parties don...Read More

Investing.com - Gold prices fell to five month lows on Friday as risk appetite recovered following Donald Trump's victory in the U.S. presidential election, sapping investor demand for safe haven assets.Gold for December delivery on the Comex division of the New York Mercantile Exchange settled down 3.10% at $1,227.15 a troy ounce, the lowest close since March 6.Market sentiment was boosted by opt...Read More

Billionaire Globalist Soros Exposed as Hidden Hand Behind Trump Protests - Provoking US 'Color Revolution' ... Billionaire globalist financier George Soros' MoveOn.org has been revealed to be a driving force behind the organizing of nationwide protests against the election of Donald Trump - exposing the protests to largely be an organized, top-down operation - and not an organic movement of conc...Read More

Billionaire Globalist Soros Exposed as Hidden Hand Behind Trump Protests - Provoking US 'Color Revolution' ... Billionaire globalist financier George Soros' MoveOn.org has been revealed to be a driving force behind the organizing of nationwide protests against the election of Donald Trump - exposing the protests to largely be an organized, top-down operation - and not an organic movement of conc...Read More

While gold's initial rally following Donald Trump's victory in the US presidential elections have evaporated, the rally in industrial metals continued on Friday with the copper price jumping to a 17-month high.In pre-regular hours trade on Friday copper for delivery in December gained 4% from Thursday's close trading as high as $2.6525 per pound ($5,847 a tonne) in New York, the highest sin...Read More

* Emerging markets hit by surging U.S. yields* Italy leads European bond slide* Copper above $6,000, best week in decadesBy Jamie McGeeverLONDON, Nov 11 (Reuters) - The global bond market rout continued on Friday, driving up Italian yields and hammering emerging markets as investors feared higher U.S. interest rates under incoming President Donald Trump will spark capital outflows from these asset...Read More

Investing.com - Gold prices dropped to fresh four-week lows on Friday, as market sentiment continued to improve amid growing optimism surrounding the effects of a Trump presidency on the U.S. economy.On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were down 0.71% at $1,257.35.The December contract ended Thursday's session 0.56% lower at $1,266.40 an ou...Read More

(Adds futures)Nov 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher 8 points on Friday, according to financial bookmakers, with futures FFIc1 up 0.04 percent ahead of the cash market open.* The UK blue chip index fell 1.2 percent on Thursday, breaking a three-day climb and retreating from its highest level since late October as gold miners and defensive stocks slipped amid expec...Read More