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

ECB and Italy’s bank rescue fund head clash over bailout rules ... The European Central Bank and the head of Italy’s bank rescue fund clashed on Monday over the European Union’s tough conditions on state aid for troubled banks. Speaking at the same conference in London, one of the ECB’s most senior supervisors said EU states should follow the bloc’s rules when it...Read More

ECB and Italy’s bank rescue fund head clash over bailout rules ... The European Central Bank and the head of Italy’s bank rescue fund clashed on Monday over the European Union’s tough conditions on state aid for troubled banks. Speaking at the same conference in London, one of the ECB’s most senior supervisors said EU states should follow the bloc’s rules when it...Read More

Rising demand for hard-to-find rare earths (REEs) needed for high tech gadgets, green energy and batteries used by hybrid vehicles continues to push mining companies to scour the ocean floors.The latest of them is Ocean Minerals LLC, a deep sea mining firm based in Houston, Texas, which announced Wednesday that it has inked an agreement with the Cook Islands government for exclusive prospecting an...Read More

In May Freeport-McMoRan Copper & Gold (NYSE:FCX) announced the sale of its Tenke Fungurume copper mine in the Democratic Republic of the Congo to China Molybdenum (CMOC) for up to $2.65 billion, a crucial part of the Phoenix-based company's debt reduction program.But exiting the DRC is proving to be as complicated as operating a mine in the troubled central African country.China Molybdenum would l...Read More

During the first Mining Forum ever held in Kenya, Mining Cabinet Secretary Dan Kazungu said his country will strive to have more organized mining sector.Among the first steps the government will implement to work towards that goal is conducting a year-long airborne survey to map mineral deposits. With an initial funding of approximately $29.64 million, the objective of the study is to attract mini...Read More

Shares in Freeport-McMoRan Copper & Gold (NYSE:FCX) reacted negatively to reports the number one publicly-held copper producer's sale of oil and gas assets could be in trouble.Bloomberg reports Freeport bondholders want greater protection and hold out for more money following the deal with Anadarko Petroleum to buy Freeport's deepwater Gulf of Mexico assets for a total of $2 billion. The p...Read More

Comey on Clinton email probe: ‘Don’t call us weasels’ … The normally-stoic FBI chief grew emotional as he rejected claims that the FBI was in the tank for Clinton. -PoliticoJames Comey appeared today before the House Judiciary Committee to answer questions about the FBI's decision not to recommend prosecution of Hillary Clinton regarding misuse of classified emails - and i...Read More

Comey on Clinton email probe: ‘Don’t call us weasels’ … The normally-stoic FBI chief grew emotional as he rejected claims that the FBI was in the tank for Clinton. -PoliticoJames Comey appeared today before the House Judiciary Committee to answer questions about the FBI's decision not to recommend prosecution of Hillary Clinton regarding misuse of classified emails - and i...Read More

The current lithium frenzy will end badly while gold bugs should look at the riper opportunities available in copper and platinum, according to mining financier Robert Friedland.In a sprawling, exuberant and at times politically incorrect speech at the Mines and Money Americas conference in Toronto, the veteran promoter demonstrated he hasn't lost his sales mojo as he ticked off all the reasons wh...Read More

Scientists from the Centre for Solar Energy and Hydrogen Research Baden-W? 1/4 rttemberg (ZSW), Karlsruhe Institute of Technology (KIT) and imec have fabricated a thin-film solar module stack made up of perovskite and Copper Indium Gallium Selenide (CIGS) with a conversion efficiency of 17.8%. For the first time, this tandem module surpasses the highest efficiencies of separate perovskite and CIG...Read More

Fed on ropes as Yellen seeks to fend off Trump blows ... Populist attacks from all sides make central bank vulnerable to calls to rein it in, say analysts. - Financial TimesThe Financial Times continues to provide a blow-by-blow description of Trump’s attacks on central banking.Trump is hurting the Fed, and well he should. Things will likely get a lot worse before they get better.Janet Yell...Read More

Fed on ropes as Yellen seeks to fend off Trump blows ... Populist attacks from all sides make central bank vulnerable to calls to rein it in, say analysts. - Financial TimesThe Financial Times continues to provide a blow-by-blow description of Trump’s attacks on central banking.Trump is hurting the Fed, and well he should. Things will likely get a lot worse before they get better.Janet Yell...Read More

Ben Kramer-Miller, the chief analyst at miningWEALTH, discusses ways of investing in resource companies that go beyond the "explore-develop-produce" model.My readers will notice that I often favor resource companies that have unconventional business models:Terraco Gold Corp. (TEN:TSX.V; TCEGF:OTCPK) (gold royalty)Medallion Resources Ltd. (MDL:TSX.V; MRD:FSE; MLLOF:OTCQX) (rare-earth processing fro...Read More

Ten years ago this Saturday, a global mining gem slipped out of Canadian fingers.On Sept. 24, 2006, Canadian nickel miner Inco agreed to be bought by Brazil's Vale in a $19-billion takeover. The announcement of the acquisition came just weeks after fellow nickel giant Falconbridge was acquired by Xstrata of Switzerland (now part of Glencore) in an $18-billion deal. The previous year, Falconbridge...Read More

Inside the Final Hours of Debate Prep for Hillary Clinton and Donald Trump ... After more than a year of wall-to-wall campaigning, the outcome of the 2016 election could hinge on 90 unpredictable minutes Monday night in Hempstead, N.Y. The first presidential debate between Hillary Clinton and Donald Trump is expected to be the most watched in history, with perhaps 100 million viewers tuning in f...Read More

Besieged Globalists Ponder What Went Wrong ... Until recently, you didn't hear people being referred to as "globalist" very often. But in a time of rising nationalism, those who see the upside of globalism have become a distinct - and often embattled - tribe. - New York TimesNo. Untrue. Everything we understand about globalism leads us to believe that its "embattled" nature is by design.Globalis...Read More

Inside the Final Hours of Debate Prep for Hillary Clinton and Donald Trump ... After more than a year of wall-to-wall campaigning, the outcome of the 2016 election could hinge on 90 unpredictable minutes Monday night in Hempstead, N.Y. The first presidential debate between Hillary Clinton and Donald Trump is expected to be the most watched in history, with perhaps 100 million viewers tuning in f...Read More

Besieged Globalists Ponder What Went Wrong ... Until recently, you didn't hear people being referred to as "globalist" very often. But in a time of rising nationalism, those who see the upside of globalism have become a distinct - and often embattled - tribe. - New York TimesNo. Untrue. Everything we understand about globalism leads us to believe that its "embattled" nature is by design.Globalis...Read More

The Mining Stock Report is pleased to announce the launch of a new Radio program on the VoiceAmerica Business Channel, premiering on October 14, 2016Read full newsRead More

A cave-in at a copper and silver mine owned by KGHM Polska Miedz SA in Poland has resulted in two deaths and one serious injury. The injured worker was hospitalized.According to a company spokesperson, the incident occurred on Friday night at the Polkowice-Sieroszowice mine when part of a ceiling collapsed.Fatalities at KGHM's mines and copper mills in Poland this year have now reached six, sa...Read More