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

Vancouver - June 23, 2016 | Imperial Metals Corporation ("Imperial" or "Company") (III-TSX) reports that the Ministry of Energy and Mines and the Ministry of Environment have issued the necessary authorizations to allow Mount Polley Mine ("Mount Polley") to return to normal operations making use of its repaired and buttressed Tailings Storage Facility ("TSF").Over the past two years the management...Read More

It was a tale of two markets on Friday as the shares of diversified mining majors were dumped and gold stocks surged after the UK's vote to leave the European union wreaked havoc on financial and commodity markets.In massive volumes in afternoon trade on Friday gold futures in New York for delivery in August, the most active contract, was priced at $1,321 an ounce after earlier in the day peak...Read More

British citizens have dealt the world's political, financial and business scenes quite a blow by voting to leave the European Union, a historic decision set to bring uncertainty as it reverses all past efforts of integration on which the old continent's stability has rested upon in recent years.The unexpected 52% to 48% result of the referendum in favour of the exiting option drove Prime Minister...Read More

Brexit: What happens now? ... David Cameron announces he will step down as PM by Oct ... Prime Minister David Cameron is to step down by October after the UK voted to leave the European Union. Mr Cameron made the announcement in a statement outside Downing Street after the final result was announced. He said he would attempt to “steady the ship” over the coming weeks and months. -BBC...Read More

Exclusive: Prominent GOP Neoconservative to Fundraise for Hillary Clinton A prominent neoconservative intellectual and early promoter of the Iraq War is headlining an official campaign fundraiser for Hillary Clinton next month, Foreign Policy has learned. -FPThe husband of State Dept. political agitator Victoria Nuland is raising money for Hillary.According to Foreign Policy, Robert Kagan, co-fo...Read More

Donald Trump’s much-anticipated speech attacking Hillary Clinton Wednesday seemed more designed to reassure the candidate’s Republican base than to broaden his appeal to independents or Democrats. The fact is Trump raised valid questions about Clinton’s foreign policy positions, fund-raising practices and email quandary — but he did so in his vintage over-the-top fashion,...Read More

Do the Experts Know Anything? ... This has been a terrible day for experts. Economic professionals were overwhelmingly of the opinion that leaving the European Union would hurt the United Kingdom. And until a few hours ago, the consensus of public opinion experts — at least if one uses prediction markets as a proxy — was that voters would in the end decide to stay in the EU. Didn't wor...Read More

Brexit: What happens now? ... David Cameron announces he will step down as PM by Oct ... Prime Minister David Cameron is to step down by October after the UK voted to leave the European Union. Mr Cameron made the announcement in a statement outside Downing Street after the final result was announced. He said he would attempt to “steady the ship” over the coming weeks and months. -BBC...Read More

Exclusive: Prominent GOP Neoconservative to Fundraise for Hillary Clinton A prominent neoconservative intellectual and early promoter of the Iraq War is headlining an official campaign fundraiser for Hillary Clinton next month, Foreign Policy has learned. -FPThe husband of State Dept. political agitator Victoria Nuland is raising money for Hillary.According to Foreign Policy, Robert Kagan, co-fo...Read More

Donald Trump’s much-anticipated speech attacking Hillary Clinton Wednesday seemed more designed to reassure the candidate’s Republican base than to broaden his appeal to independents or Democrats. The fact is Trump raised valid questions about Clinton’s foreign policy positions, fund-raising practices and email quandary — but he did so in his vintage over-the-top fashion,...Read More

Do the Experts Know Anything? ... This has been a terrible day for experts. Economic professionals were overwhelmingly of the opinion that leaving the European Union would hurt the United Kingdom. And until a few hours ago, the consensus of public opinion experts — at least if one uses prediction markets as a proxy — was that voters would in the end decide to stay in the EU. Didn't wor...Read More

While base metals have enjoyed a good 2016 so far with only lead (-5%) in negative territory for the year and the likes of zinc (+27%) and tin (+18%) entering bull markets, molybdenum is making a star turn.A metric tonne of molybdenum on the London Metal Exchange fetched $16,500 on Thursday after customs data from China showed imports of concentrate and oxides surged 131% in May. Over the first f...Read More

On November 11, 1947, Winston Churchill, then ex-Prime Minister of the United Kingdom, rose to speak at a debate in the House of Commons:"Many forms of Government have been tried, and will be tried in this world of sin and woe. No one pretends that democracy is perfect or all-wise.Indeed, it has been said that democracy is the worst form of Government except all those other forms that have been tr...Read More

Donald Trump’s Latest Distortions on Hillary Clinton ... A look at Trump's assertions about Clinton on Wednesday and how they stack up with the facts ... Donald Trump's fierce denunciation of Hillary Clinton on Wednesday was rife with distortion. -AP/FortuneThis article by the AP posted at Fortune attempts to counteract distortions in yesterday's speech about Hillary Clinton by Donald Tr...Read More

Why the Fed’s Stress Tests Aren’t Credible ... For the sixth year in a row, the U.S. Federal Reserve is conducting stress tests to see whether the country’s largest banks can withstand a severe crisis. If only the results, to be announced this week and next, were more useful. -BloombergFederal Reserve stress tests for banks are a fantasy.They don't address contagion, for one th...Read More

The Federal Reserve Says U.S. Stocks Are Overpriced ... It's the starkest warning yet under Chair Janet Yellen. The Federal Reserve on Tuesday delivered its starkest warning yet under Chair Janet Yellen that by its assessment U.S. stocks are pricey. "Forward price-to-earnings ratios for equities have increased to a level well above their median of the past three decades," the Fed's twice-annua...Read More

Here’s Why Libertarian Candidate Gary Johnson Isn’t Ready for Primetime ... American voters will need more details to jump to a third party candidate like Johnson. The Libertarian Party had one of its most high-profile tests in its history on Wednesday night when both members of its 2016 presidential ticket answered questions during a town hall aired on CNN. They might want to ask...Read More

Flat Earth PSYOP: CIA Black Op Designed to Destroy the Truth ... There is an insidious conspiracy at work throughout the entire Internet which seeks to destroy Truth Movements everywhere. One of its organs of mischief is known as the Flat Earth Society (FES) and its explicit purpose is to take down every single truth-oriented website, blog and/or organization which permits an open comment sect...Read More

On November 11, 1947, Winston Churchill, then ex-Prime Minister of the United Kingdom, rose to speak at a debate in the House of Commons:"Many forms of Government have been tried, and will be tried in this world of sin and woe. No one pretends that democracy is perfect or all-wise.Indeed, it has been said that democracy is the worst form of Government except all those other forms that have been tr...Read More

Donald Trump’s Latest Distortions on Hillary Clinton ... A look at Trump's assertions about Clinton on Wednesday and how they stack up with the facts ... Donald Trump's fierce denunciation of Hillary Clinton on Wednesday was rife with distortion. -AP/FortuneThis article by the AP posted at Fortune attempts to counteract distortions in yesterday's speech about Hillary Clinton by Donald Tr...Read More