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

Via Daily Bell Staff If there's a golden rule for central bankers in the 21st century, this is it: Seek clarity and avoid uncertainty. A central bank's target should be clear. The data it uses should be known. The analysis it conducts on that data should be comprehensible. And, certainly, politics should have nothing to do with its decisions. Yet across the world, central bankers are struggl...Read More

During the final days of 2014 Canada's minister of the environment gave the green light to Seabridge Gold's KSM project in northern British Columbia, the world's largest undeveloped gold-copper project by reserves.The federal and provincial environmental assessment process took nearly seven-years and KSM was only the second metal mine in five years to receive approval.A new preliminary economic i...Read More

Inventors Who Invented Water-Powered Cars, but were Killed or Forced to End Their Work ... With all the talk and rhetoric these days, about global climate change, it is worthy to mention the works of some alternative scientists in the automobile industry. Of course, we all know that the so-called scientific community is being controlled by a hidden interest. The purpose of this article is to let...Read More

Inventors Who Invented Water-Powered Cars, but were Killed or Forced to End Their Work ... With all the talk and rhetoric these days, about global climate change, it is worthy to mention the works of some alternative scientists in the automobile industry. Of course, we all know that the so-called scientific community is being controlled by a hidden interest. The purpose of this article is to let...Read More

Gold's slide may be hurting sentiment and uranium and potash prices seem to be plumbing new depts every week, but 2016 is still a banner year for mining and metals.Gold is just hanging onto bull market status with a 20.1% improvement since the start of the year, but recent weakness has seen platinum and palladium drop 8.5% and 7.4% from highs reached in August. With a 47% or $220 an ounce gain f...Read More

Chile's Codelco, the world's top copper miner, has once again made drastic changes to its ambitious five-year investment plan as falling copper prices continue to dry up the company's earnings.The state-owned miner, which faces what its chief executive Nelson Pizarro recently called its "worst crisis ever" since created in 1976, has decided to reduce its investment budget by $2.25 billion, local n...Read More

Base metals have also enjoyed a stand-out 2016 with across the board gains year-to-date. Measured from recent lows which mostly occurred at the end of 2015 and in January and February this year the recovery in prices this year is even more impressive.While bellwether copper has also been lacklustre adding only 1.5% in 2016, zinc is the top performer for the year with a 49% gain since January and t...Read More

World's No. 1 mining company BHP Billiton (ASX, NYSE:BHP) (LON:BLT) is going all out for its petroleum business, planning to invest as much as $5 billion in that unit as well as mulling potential acquisitions thanks recovering oil prices and the firm's efforts to lower costs.The company has renewed expansion plans for its oil business as a recovery in crude prices and reduction in costs makes...Read More

 Backlash to World Economic Order Clouds Outlook at IMF Talks … Policy-making elites converge on Washington this week for meetings that epitomize a faith in globalization that's at odds with the growing backlash against the inequities it creates. From Britain's vote to leave the European Union to Donald Trump's championing of "America First," pressures are mounting to roll back the ec...Read More

Pew: Most Americans Don't Believe in 'Scientific Consensus' on Climate Change ... Nearly three-quarters of Americans don't trust that there is a large "scientific consensus" amongst climate scientists on human behavior being the cause of climate change, according to an in-depth survey on "the politics of climate" released Tuesday by Pew Research Center. - CNSPerhaps one reason to publish this sur...Read More

 Backlash to World Economic Order Clouds Outlook at IMF Talks … Policy-making elites converge on Washington this week for meetings that epitomize a faith in globalization that's at odds with the growing backlash against the inequities it creates. From Britain's vote to leave the European Union to Donald Trump's championing of "America First," pressures are mounting to roll back the ec...Read More

Pew: Most Americans Don't Believe in 'Scientific Consensus' on Climate Change ... Nearly three-quarters of Americans don't trust that there is a large "scientific consensus" amongst climate scientists on human behavior being the cause of climate change, according to an in-depth survey on "the politics of climate" released Tuesday by Pew Research Center. - CNSPerhaps one reason to publish this sur...Read More

Canada's Barrick Gold (TSX, NYSE:ABX) said Tuesday that operations have resumed at its Veladero mine in the San Juan province of Argentina after local authorities gave the company the green light.Mining at the site was suspended on Sept. 15, a week after falling ice damaged a pipe carrying process solution in the leach pad area, causing some material to leave the leach pad.The leak, said Barrick...Read More

Newmont Mining (NYSE:NEM), the world's No.2 gold producer by output, has begun production at its newest mine, Merian, located in Suriname, South America, on time and almost 20% below budget.Newmont's initial projections estimated Merian to cost between $900 million and $1 billion, but the company said the mine was completed more than $150 million below that initial forecast.The Denver-based miner...Read More

WikiLeaks' Assange signals release of documents before U.S. election ... WikiLeaks founder Julian Assange said on Tuesday the organization would publish around one million documents related to the U.S. election and three governments, but denied the release was aimed at damaging Hillary Clinton. He said the documents would be released before the end of the year, starting with an initial batch in...Read More

Russian President Vladimir Putin suspended a cooperation deal with the U.S. over the disposal of weapons-grade plutonium, marking a new low in relations between the former Cold War foes. -CBSSuddenly war presents itself around the world with China and Russia being top antagonists of America but other countries positioning themselves in warlike postures as well.One needs only look at the major me...Read More

WikiLeaks' Assange signals release of documents before U.S. election ... WikiLeaks founder Julian Assange said on Tuesday the organization would publish around one million documents related to the U.S. election and three governments, but denied the release was aimed at damaging Hillary Clinton. He said the documents would be released before the end of the year, starting with an initial batch in...Read More

Russian President Vladimir Putin suspended a cooperation deal with the U.S. over the disposal of weapons-grade plutonium, marking a new low in relations between the former Cold War foes. -CBSSuddenly war presents itself around the world with China and Russia being top antagonists of America but other countries positioning themselves in warlike postures as well.One needs only look at the major me...Read More

Close to 1,000 workers at Freeport-McMoRan's (NYSE:FCX) giant Grasberg open pit copper and gold mine in the Indonesian province of Papua have gone on strike over bonus payments, disrupting operations.The strike has not yet affected output of copper and gold concentrate, according to Freeport.The strife, involving mostly truck operators, began last Wednesday and while it has hit Grasberg's open-pi...Read More

Investment in Chile's energy industry is expected to jump over the next five years to as much as $3 billion, which could add about 2.5% to the country's potential GDP growth, US-based Trade Commissioner Rodrigo Mladini?? said.Speaking at a media briefing during MINExpo 2016 this week, Rodrigo Mladini?? said that projects, many of them in the renewables sector, are expected to also boost machinery...Read More