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

A resurgent copper price saw investors returning to the biggest names in mining on Wednesday with the world's top listed producer of the red metal leading the charge.In mid-day New York trade on Wednesday copper for delivery in July jumped 3.8% exchanging hands for $2.1190 a pound ($4,672 a tonne) as it recovers from four-month lows hit last week. Copper is now also back to breakeven for the...Read More

Bayan Khundii project went from greenfield prospect to being Erdene's flagship asset in roughly nine months. (Image courtesy of Erdene Resources)Canada's Erdene Resource (TSX:ERD), one of the very few miners to never have encountered issues in Mongolia, has seen its shares soar in the last few months after the company hit the jackpot with a new multi-ounce gold discovery in the country's southwest...Read More

DoubleLine’s Gundlach says ‘central banks are losing control’ ... Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Tuesday investors are dropping risky assets and turning to safer securities including Treasuries and gold because they are losing faith in central banks. -ReutersThere is definitely considerable negativity about central banking in the mainstre...Read More

Clinton hits Trump for pushing ‘conspiracy theories’ ... Clinton, who spoke from a union hall, hit Trump for being simplistic on fighting terrorism Clinton also turned her focus to Trump’s most controversial idea: Banning Muslims from entering the United States ... [She accused] the presumptive Republican nominee of peddling “lies” because “he has to distrac...Read More

Lessons of Hiroshima ring again in Orlando … Thomas Friedman says we as a nation must address the moral implications as technology gives us more power to destroy move lives … I want to talk today about the horrific human tragedy of Orlando. But first I want to talk about Hiroshima – or, more precisely, the profound speech that President Barack Obama gave there …. -New Yo...Read More

Is it conceivable that the planet's most vilified company could be the one that feeds it? That, in short, is precisely what Monsanto hopes it can do. "They believe they're feeding the world, and there's no other good way," Connelly says. "Confidence that they're doing the right thing has blinded them to the fact that they need to be out there defending it." – FortuneAs usual, Monsanto is t...Read More

DoubleLine’s Gundlach says ‘central banks are losing control’ ... Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Tuesday investors are dropping risky assets and turning to safer securities including Treasuries and gold because they are losing faith in central banks. -ReutersThere is definitely considerable negativity about central banking in the mainstre...Read More

Clinton hits Trump for pushing ‘conspiracy theories’ ... Clinton, who spoke from a union hall, hit Trump for being simplistic on fighting terrorism Clinton also turned her focus to Trump’s most controversial idea: Banning Muslims from entering the United States ... [She accused] the presumptive Republican nominee of peddling “lies” because “he has to distrac...Read More

Lessons of Hiroshima ring again in Orlando … Thomas Friedman says we as a nation must address the moral implications as technology gives us more power to destroy move lives … I want to talk today about the horrific human tragedy of Orlando. But first I want to talk about Hiroshima – or, more precisely, the profound speech that President Barack Obama gave there …. -New Yo...Read More

Is it conceivable that the planet's most vilified company could be the one that feeds it? That, in short, is precisely what Monsanto hopes it can do. "They believe they're feeding the world, and there's no other good way," Connelly says. "Confidence that they're doing the right thing has blinded them to the fact that they need to be out there defending it." – FortuneAs usual, Monsanto is t...Read More

CLICK HERE FOR MINING.COM'S UPDATED TOP 50 MINING COMPANIES RANKING PwC's latest report into the performance of the world's 40 largest mining companies shows just what a watershed year 2015 was.The management consultants' Mine 2015 report shows the top 40 companies suffering their first collective net loss in history ($27 billion), a decline in collective market capitalization of 37% (to below...Read More

Ancient miners lacked modern tools, which means that important amounts of gold, silver and other valuable minerals are very likely to still lie beneath the surface, including a few unknown to them such as platinum and palladium. (Image via Pixabay)Egypt's ancient gold mines are guiding modern miners towards a vast amount of minerals deposits, worth hundreds of billions of dollars, the country is...Read More

Ancient miners lacked modern tools, which means that important amounts of gold, silver and other valuable minerals are very likely to still lie beneath the surface, including a few unknown to them such as platinum and palladium. (Image via Pixabay)Egypt's ancient gold mines are guiding modern miners towards a vast amount of minerals deposits, worth hundreds of billions of dollars, the country is...Read More

3 Reasons Why Silver Will Rally Higher ... Like Warren Buffett, I have a disdain for gold as an investment but remain attracted to silver. For many investors, this appears hypocritical given that both are precious metals with closely correlated prices. However, silver, unlike gold, has considerable utility. It's widely used in a range of industrial processes, thereby giving it the characteristic...Read More

Trump revokes Post press credentials, calling the paper 'dishonest' and 'phony' ... Why did Donald Trump revoke The Post's media credentials? ... Donald Trump said Monday that he is pulling The Washington Post's credentials to cover his events because he is upset with the newspaper's coverage of his campaign. -WashingtonPostDonald Trump is probably justified in revoking the Post's credentials....Read More

3 Reasons Why Silver Will Rally Higher ... Like Warren Buffett, I have a disdain for gold as an investment but remain attracted to silver. For many investors, this appears hypocritical given that both are precious metals with closely correlated prices. However, silver, unlike gold, has considerable utility. It's widely used in a range of industrial processes, thereby giving it the characteristic...Read More

Trump revokes Post press credentials, calling the paper 'dishonest' and 'phony' ... Why did Donald Trump revoke The Post's media credentials? ... Donald Trump said Monday that he is pulling The Washington Post's credentials to cover his events because he is upset with the newspaper's coverage of his campaign. -WashingtonPostDonald Trump is probably justified in revoking the Post's credentials....Read More

After three years of steep declines, investors in the mining and metals finally caught a break in 2016.In his weekly report Frank Holmes of US Global Investors includes a chart that shows just how well investors in the sector are faring by highlighting the 10 best performing industries for the year: "Interestingly enough, metals and mining companies, particularly those involved in the gold space...Read More

Shares in Rio Tinto-controlled Turquoise Hill Resources (TSE, NYSE:TRQ) soared Monday on reports that the mining giant had hired Goldman Sachs as an adviser to look at a two-step wrap-up of the Vancouver-based firm.Rio wants to increase its stake in Turquoise Hill to 51% and have the rest of the Canadian firm acquired by single strategic buyer or consortium. The stock was up 12.5% to Cdn$4.14 in...Read More

Large mining companies are selling off some of their prized assets after the prolonged global commodities markets rout left some with high levels of debt.Anglo American, Glencore and Freeport have been at the forefront of those companies cutting debt, but BHP Billiton and Rio Tinto have also been looking to rationalize their assets while signaling an interest in acquisitions.Shares in mining firms...Read More