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

France: Senate Report Marks Another Milestone for Basic income ... After months of hearings and discussions with experts, the French Senate released a report on Basic Income recommending pilot projects. -Basicincome.orgIn Canada, a basic income project is being tried, and now France is ready to try such projects as well.You can see a DB commentary on the Canadian program here, one that expanded...Read More

On Friday afternoon, New York state Governor Andrew Cuomo signed a bill making it illegal to advertise your home for short-term rent on websites like Airbnb.The law specifically targets New York City homeowners in apartment buildings who advertise their properties, or even just a spare room in their homes, to rent for less than 30 days at a time.It's important to note that New York already passed...Read More

France: Senate Report Marks Another Milestone for Basic income ... After months of hearings and discussions with experts, the French Senate released a report on Basic Income recommending pilot projects. -Basicincome.orgIn Canada, a basic income project is being tried, and now France is ready to try such projects as well.You can see a DB commentary on the Canadian program here, one that expanded...Read More

Copper bulls might be tempted to place buy orders after a protest at a Peruvian mine turned ugly about 10 days ago.That's because supplies needed to allow Las Bambas, one of the world's largest copper mines, to keep operating are running out because access roads are being blocked by protesters following a death on Oct. 14. The mine just came online this year."Community roads are currently blocked...Read More

AT&T Mulls Reinvention for Web With $86 Billion Time Warner Deal ... DirecTV parent wants to own leading Hollywood film, TV studio ... Merger accord could be reached Sunday, announced by Monday ... Time Warner Inc. and AT&T Inc. have survived the evolution of color TV and cable over the decades. Now they're merging to adapt to the latest technological shifts: smartphones and streaming. -...Read More

Wnd Exclusive U.N. Goes All-In For Unlimited Migration ... The United Nations has cooked up a "New Urban Agenda" coming soon to a city near you. It was unveiled this week in Quito, Ecuador, at the so-called Habitat III conference. Hillary [is] an enthusiastic supporter of globalist plan for U.S. cities ...World Net Daily has posted articles recently that provide insights into how elite glob...Read More

AT&T Mulls Reinvention for Web With $86 Billion Time Warner Deal ... DirecTV parent wants to own leading Hollywood film, TV studio ... Merger accord could be reached Sunday, announced by Monday ... Time Warner Inc. and AT&T Inc. have survived the evolution of color TV and cable over the decades. Now they're merging to adapt to the latest technological shifts: smartphones and streaming. -...Read More

Wnd Exclusive U.N. Goes All-In For Unlimited Migration ... The United Nations has cooked up a "New Urban Agenda" coming soon to a city near you. It was unveiled this week in Quito, Ecuador, at the so-called Habitat III conference. Hillary [is] an enthusiastic supporter of globalist plan for U.S. cities ...World Net Daily has posted articles recently that provide insights into how elite glob...Read More

Mining Watch published a statement today saying that KGHM's proposed Ajax mine in Kamloops, British Columbia could face over $100 million in litigation or compensation costs. Taking as an example what's happening at Canada's only other urban mine of comparable size, the Malartic open-pit mine in Quebec, the watchdog group presented what it calls "conservative estimates" on possible actions against...Read More

A 22-year-old man died early Friday morning while performing maintenance work at La Escondida copper mine in Chile.The man was identified as Rudy Henry Ortiz Mart?-nez and he belonged to Cainsa, a subcontractor that works within the project 57.5% owned by BHP Billiton and 30% owned by Rio Tinto. Ortiz was working in the SAG mill and found himself stuck in the cap lining. His co-workers' efforts to...Read More

Despite upbeat results from companies operating in the country, official data released early this year shows that silver output in Mexico, the world's largest producer of the precious metal, has dropped over the past two years.Like much of the rest of the world, the country's mining industry saw very few new mines opening up in the period, marked by a sharp drop in commodity prices. Companies that...Read More

An Establishment In Panic ... Pat Buchanan: Ruling class fears the people won’t accept its political legitimacy ... Pressed by moderator Chris Wallace as to whether he would accept defeat should Hillary Clinton win the election, Donald Trump replied, "I will tell you at the time. I'll keep you in suspense." ... "That's horrifying," said Clinton, setting off a chain reaction on the post-debat...Read More

Elvira Nabiullina hunts down Russia's banking 'banditry' ... Former economy minister has shut 276 lenders and forced 28 others to reform ... When Elvira Nabiullina took over as governor of Russia's central bank, she came face to face with a sobering statistic: regulators listed as many as 150 banks that were regularly involved in dubious transactions. Financial TimesThis is a strange article bec...Read More

An Establishment In Panic ... Pat Buchanan: Ruling class fears the people won’t accept its political legitimacy ... Pressed by moderator Chris Wallace as to whether he would accept defeat should Hillary Clinton win the election, Donald Trump replied, "I will tell you at the time. I'll keep you in suspense." ... "That's horrifying," said Clinton, setting off a chain reaction on the post-debat...Read More

Elvira Nabiullina hunts down Russia's banking 'banditry' ... Former economy minister has shut 276 lenders and forced 28 others to reform ... When Elvira Nabiullina took over as governor of Russia's central bank, she came face to face with a sobering statistic: regulators listed as many as 150 banks that were regularly involved in dubious transactions. Financial TimesThis is a strange article bec...Read More

Mining giant Rio Tinto (LON, ASX:RIO), the world's second-largest iron ore producer, lowered its forecast on full-year exports from Australia, despite China's recent spike in demand is supporting prices of the steelmaking material.Rio now expects to ship 325 million to 330 million tonnes in 2016, down from its earlier guidance of 330 million tonnes.The diversified miner said third-quarter shipment...Read More

The chairman of the world's largest mining company, BHP Billiton (ASX, NYSE:BHP) (LON:BLT), has just announced he would not seek re-election at next year's annual general meeting (AGM).Nasser had intended to announce his retirement last year but chose to stay on at the mining company to provide stability as BHP dealt with the aftermath of Samarco.Australian Jac Nasser, who was appointed chairman...Read More

Is globalism actually demonic? ... From immigration and trade to abortion and national security, Hillary Clinton and Donald Trump seem light years apart, almost like they're from different political planets. That's because, according to an expert on globalism, they approach every issue from an opposite perspective - one, Clinton, is globalist, while the other, Trump, is anti-globalist. -WorldN...Read More

Donald Trump hasn’t succeeded in discrediting Hillary Clinton, but he has managed to tarnish one target: Paul Ryan, the top Republican office holder in the country. – BloombergThis Bloomberg article explains that Trump has not succeeded in “dragging down” Hillary Clinton but has effectively reduced Paul Ryan’s favorability and credibility.The article argues, therefore...Read More

Is globalism actually demonic? ... From immigration and trade to abortion and national security, Hillary Clinton and Donald Trump seem light years apart, almost like they're from different political planets. That's because, according to an expert on globalism, they approach every issue from an opposite perspective - one, Clinton, is globalist, while the other, Trump, is anti-globalist. -WorldN...Read More