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

Clinton said Trump shouldn’t be trusted with nuclear weapons. ... When Hillary Clinton spoke directly to the danger of Donald Trump having access to the United States' nuclear arsenal, she may have tapped into a familiar angst with the public. Although the country is decades removed from the Cold War, people are still anxious about nukes. – Morning Consult Hillary Clinton is battling...Read More

Globalization and its New Discontents ... Fifteen years ago, I wrote a little book, entitled Globalization and its Discontents, describing growing opposition in the developing world to globalizing reforms. It seemed a mystery: people in developing countries had been told that globalization would increase overall wellbeing. So why had so many people become so hostile to it? – Project Syndicat...Read More

In just over seven months, humanity has used up a full year’s allotment of natural resources such as water, food and clean air - the quickest rate yet, according to a new report. The point of “overshoot” will officially be reached on Monday, said environmental group Global Footprint Network — five days earlier than last year. -France 24We are running out of water, food and...Read More

Clinton said Trump shouldn’t be trusted with nuclear weapons. ... When Hillary Clinton spoke directly to the danger of Donald Trump having access to the United States' nuclear arsenal, she may have tapped into a familiar angst with the public. Although the country is decades removed from the Cold War, people are still anxious about nukes. – Morning Consult Hillary Clinton is battling...Read More

Anders Bj??rkman, M.Sc. is a Naval Architect and Marine Engineer with more than 45 years experience of tanker and ferry design, construction and operations. Mr. Bjorkman has been a delegate to the IMO for various national administrations and one NGO and has been been a speaker at various Safety-at-Sea conferences. Mr. Bjorkman holds several patents concerned with ship safety. He also writes about...Read More

Anders Bj??rkman, M.Sc. is a Naval Architect and Marine Engineer with more than 45 years experience of tanker and ferry design, construction and operations. Mr. Bjorkman has been a delegate to the IMO for various national administrations and one NGO and has been been a speaker at various Safety-at-Sea conferences. Mr. Bjorkman holds several patents concerned with ship safety. He also writes about...Read More

Japan marked the 71st anniversary of the atomic bombing of Hiroshima on Saturday by renewing calls for a nuclear weapons free world and urging leaders to follow the example of President Barack Obama and visit the bomb sites. -Washington PostIt is the anniversary of dropping an atom bomb on Hiroshima. But the Hiroshima narrative is a lie.We've reported at considerable length about how the whateve...Read More

Japan marked the 71st anniversary of the atomic bombing of Hiroshima on Saturday by renewing calls for a nuclear weapons free world and urging leaders to follow the example of President Barack Obama and visit the bomb sites. -Washington PostIt is the anniversary of dropping an atom bomb on Hiroshima. But the Hiroshima narrative is a lie.We've reported at considerable length about how the whateve...Read More

In New York trade on Friday copper for delivery in September continued to drift lower over worries about a flood of new supply hitting the market in the medium term and an unclear demand picture.Copper was lasting trading at just over $2.15 per pound ($4,740 a tonne), close to a four-week low. While other industrial metals and steelmaking raw materials have jumped in value this year, industry...Read More

Glencore, the world's third largest copper miner, has halted copper production across all of its Zambia operations following the death of four miners in separate accidents. Local officials reported the news on Friday.Three workers were electrocuted while underground at Glencore's Mufulira copper mine. A further accident took place last week at a Mopani shaft in the Kitwe district where the mine em...Read More

Investors poured just under $51 billion into commodity markets during the first seven months of the year according to new research from UK investment bank Barclays Capital.That was the largest inflows since 2009. The rise in commodity values combined with the new money invested in the sector saw a $74 billion spike in the value of commodity assets under management since the start of the year.The p...Read More

How a Secretive Branch of ISIS Built a Global Network of Killers ... A jailhouse interview with a German man who joined the Islamic State reveals the workings of a unit whose lieutenants are empowered to plan attacks around the world. - The New York TimesPeople are being whipped up against Islam and this New York Times article is a good example.The article goes on and on about the "network" that...Read More

I Ran the C.I.A. Now I'm Endorsing Hillary Clinton ... During a 33-year career at the Central Intelligence Agency, I served presidents of both parties - three Republicans and three Democrats. I was at President George W. Bush's side when we were attacked on Sept. 11; as deputy director of the agency, I was with President Obama when we killed Osama bin Laden in 2011 … On Nov. 8, I will vote f...Read More

Forget Gold, Buy Silver ETFs Instead ... Gold bullion exchange-traded fund SPDR Gold Shares ETF (NYSEARCA:GLD) is up over 27% so far this year (as of August 1, 2016). Investors should note that not only gold, most precious metals are on a tear this year on a subdued greenback, as these metals are linked to the U.S. dollar. -Seeking AlphaThis article, excerpted above, makes the case for buying si...Read More

Trump's Border Wall Idea Dismissed by Mexico's Foreign Minister ... Nation 'not even considering' candidate's proposal: minister Ruiz calls for passage of TPP trade deal to build on Nafta ... Mexico's foreign minister, Claudia Ruiz Massieu, dismissed Republican U.S. presidential nominee Donald Trump's calls for the nation to pay for a border wall, calling instead for greater integration betwee...Read More

How a Secretive Branch of ISIS Built a Global Network of Killers ... A jailhouse interview with a German man who joined the Islamic State reveals the workings of a unit whose lieutenants are empowered to plan attacks around the world. - The New York TimesPeople are being whipped up against Islam and this New York Times article is a good example.The article goes on and on about the "network" that...Read More

I Ran the C.I.A. Now I'm Endorsing Hillary Clinton ... During a 33-year career at the Central Intelligence Agency, I served presidents of both parties - three Republicans and three Democrats. I was at President George W. Bush's side when we were attacked on Sept. 11; as deputy director of the agency, I was with President Obama when we killed Osama bin Laden in 2011 … On Nov. 8, I will vote f...Read More

Forget Gold, Buy Silver ETFs Instead ... Gold bullion exchange-traded fund SPDR Gold Shares ETF (NYSEARCA:GLD) is up over 27% so far this year (as of August 1, 2016). Investors should note that not only gold, most precious metals are on a tear this year on a subdued greenback, as these metals are linked to the U.S. dollar. -Seeking AlphaThis article, excerpted above, makes the case for buying si...Read More

Trump's Border Wall Idea Dismissed by Mexico's Foreign Minister ... Nation 'not even considering' candidate's proposal: minister Ruiz calls for passage of TPP trade deal to build on Nafta ... Mexico's foreign minister, Claudia Ruiz Massieu, dismissed Republican U.S. presidential nominee Donald Trump's calls for the nation to pay for a border wall, calling instead for greater integration betwee...Read More

In New York trade on Thursday copper for delivery in September continued to drift lower after signs that cost deflation in the world's top producer Chile is only accelerating.Copper futures were lasting trading at $2.17 per pound, a three week low. Amid a broad-based rally in industrial and precious metals, iron ore and coal, copper's performance has been disappointing with the metal tradin...Read More