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 Wants Border Wall, but Britain Is Building One in France ... The U.K. government has announced plans to begin constructing a 13-foot concrete roadside barrier at the French port of Calais, where truck drivers have been targeted by migrants trying to sneak through the Channel Tunnel. -NBCWalls are being built in the West not to keep others out but to keep citizens in. They are being erec...Read More

Miners at one of Chile's largest copper operations walked off the job on Friday morning after rejecting the majority-owner's final offer in collective wage talks.Over 1,700 workers at Anglo American's (LON:AAL) Los Bronces copper mine stopped work, after the union and the company failed to reach agreement despite a government-sponsored mediation process during contract negotiations. Anglo had repo...Read More

Green Party's Jill Stein Pledges ‘Truth’ About 9/11 Attacks if Elected ... US Green Party Presidential bid Jill Stein claimed that as an elected president she would launch a new investigation into the 9/11 attacks, because the probe carried out during the George W. Bush Administartion "defrauded the nation." -SputnikJill Stein is correct about the Bush administration "defrauding th...Read More

Green Party's Jill Stein Pledges ‘Truth’ About 9/11 Attacks if Elected ... US Green Party Presidential bid Jill Stein claimed that as an elected president she would launch a new investigation into the 9/11 attacks, because the probe carried out during the George W. Bush Administartion "defrauded the nation." -SputnikJill Stein is correct about the Bush administration "defrauding th...Read More

Those figuring that the Fed still might hike rates in September are getting one more bite at the apple. As the week drew to a close and the Fed’s “quiet period” before meetings was about to settle in, investors recoiled over news that the central bank’s most dovish official, Governor Lael Brainard, will be delivering a previously unannounced speech Monday at The Chicago Co...Read More

Those figuring that the Fed still might hike rates in September are getting one more bite at the apple. As the week drew to a close and the Fed’s “quiet period” before meetings was about to settle in, investors recoiled over news that the central bank’s most dovish official, Governor Lael Brainard, will be delivering a previously unannounced speech Monday at The Chicago Co...Read More

Cash-strapped Mongolia is planning to bring back to life the long-delayed and massive Tavan Tolgoi coal project in the south Gobi desert, as the land-locked country looks for ways to revive its ailing economy.As a first step, Erdenes Tavan Tolgoi (ETT), the state-owned company that holds the license to the deposit, has already begun evaluating bids and calculating the potential economic benefits o...Read More

Nevsun Resources (TSX:NSU) (NYSE MKT:NSU) announced on Friday that it has sold and shipped the first zinc concentrate product from its Bisha mine in Eritrea.The ten thousand tonne lot was loaded at the Port of Massawa and sailed on September 7, 2016. The concentrate was sold on the spot market, attracting multiple offers and highly competitive treatment charges, the company said in a statement.Nev...Read More

A river near the city of Norilsk in Siberia, the eponymous home of the world's top nickel and palladium producer, turned blood red recently with various social media outlets posting pictures of the crimson flood.A photo posted by ?'???????>>?Read More

Thom Hartmann exposes libertarian philosophy for the billionaire scam that it is ... With the major party candidates’ negative ratings at historic highs, millions of Americans are looking to third-party candidates, with libertarian Gary Johnson polling highest among third-party candidates currently. But do libertarians and progressives really see eye to eye on the big issues, as Johnson wo...Read More

Dirty Money in Afghanistan ... How Kabul is Cleaning Up the Illicit Economy ... Drug trafficking, smuggling, unregulated trade, and fraud in procurement contracts are encumbering the country’s economic development and funding the terrorist groups that undermine its stability. Money laundering plays a crucial role in supporting this criminality. - Foreign AffairsThe US and its allies are...Read More

Thom Hartmann exposes libertarian philosophy for the billionaire scam that it is ... With the major party candidates’ negative ratings at historic highs, millions of Americans are looking to third-party candidates, with libertarian Gary Johnson polling highest among third-party candidates currently. But do libertarians and progressives really see eye to eye on the big issues, as Johnson wo...Read More

Dirty Money in Afghanistan ... How Kabul is Cleaning Up the Illicit Economy ... Drug trafficking, smuggling, unregulated trade, and fraud in procurement contracts are encumbering the country’s economic development and funding the terrorist groups that undermine its stability. Money laundering plays a crucial role in supporting this criminality. - Foreign AffairsThe US and its allies are...Read More

The US Environmental Protection Agency (EPA) has placed the inactive Gold King Mine, source of a major waste spill in Colorado last year, among nearly a dozen sites added to its newly created Superfund National Priorities List.The move, announced late Wednesday, paves the way for a multimillion-dollar clean-up of the area known as the Bonita Peak Mining District, provided US legislators approve t...Read More

In European trade on Tuesday copper for delivery in December consolidated at a two-week high after strong year-to-date imports from top consumer China remained broadly in line.Copper futures exchanged hands for $2.1025 per pound ($4,635 a tonne), less than a penny above yesterday's closing which was the highest since August 23. While other industrial metals and steelmaking raw...Read More

Financing mining projects in Africa continues to be difficult - but after years of decline it is slowly starting to evolve.Addressing today the second day of the three day Paydirt 2016 Africa Down Under mining conference in Perth Speaking on day two, Northcott Capital Managing Director, Mr Nick Martin, said to be successful in obtaining finance a company must adhere to three crucial platforms.Comp...Read More

As soon as I take office, I will ask Congress to fully eliminate the defense sequester and will submit a new budget to rebuild our military,” Trump said. “This will increase certainty in the defense community as to funding, and will allow military leaders to plan for our future defense needs.” -PoliticoDonald Trump recently gave a speech that was well-received by the defense comm...Read More

As soon as I take office, I will ask Congress to fully eliminate the defense sequester and will submit a new budget to rebuild our military,” Trump said. “This will increase certainty in the defense community as to funding, and will allow military leaders to plan for our future defense needs.” -PoliticoDonald Trump recently gave a speech that was well-received by the defense comm...Read More

Goldcorp Inc. (G:TSX; GG:NYSE 16.02) has had a tough year.After reporting a year-end loss of $4.1 billion due to writing off and down various projects-a supposed clearing of the decks for the new CEO David Garofalo-the recent results were not so positive. Production was down year-on-year, due to shortfalls and problems at its two largest mines, Pe??asquito and Cerro Negro.There are some positives,...Read More

China's infrastructure investments have been a net negative due to high cost over runs that have overwhelmed returns and the added debt has made the country more exposed to financial shocks, says lead author Atif Ansar in a study published this July in Oxford Review of Economic Policy.The authors looked at various infrastructure projects, such as rail and road, and assessed the return on invest...Read More