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
The longer-term effects of Brexit are … likely to be adverse. Most studies suggest that economic growth would suffer. A detailed analysis from the Bank of England in October found that EU membership had benefited the British economy. Attempts to model the consequences of Brexit point to economic damage. Two American banks, Goldman Sachs and Citigroup, recently warned that growth and the pou...Read More
The longer-term effects of Brexit are … likely to be adverse. Most studies suggest that economic growth would suffer. A detailed analysis from the Bank of England in October found that EU membership had benefited the British economy. Attempts to model the consequences of Brexit point to economic damage. Two American banks, Goldman Sachs and Citigroup, recently warned that growth and the pou...Read More
"Prosperity is like a Jenga tower. Take one piece out and the whole thing can fall."That's a direct quote from John Williams, the President of the San Francisco Federal Reserve Bank in a speech he gave a few weeks ago.He could have just as easily been talking about propaganda. The Fed, the White House, Wall Street, the media have a vested interest in peddling a certain narrative about the economy....Read More
George Soros Forms Pro "Illegals" Super PAC To Shift Election ... Soros Dumping Millions Into Questionable Voter Influence Campaign - Illegals? ... Their tools in the onslaught are what the New York Times describes as "Latinos and other immigrants." -RickWellsCall this decade "1960's Redux"- mostly because the men at the top want it this way.They want continued and expanded polarization. They seek...Read More
"Prosperity is like a Jenga tower. Take one piece out and the whole thing can fall."That's a direct quote from John Williams, the President of the San Francisco Federal Reserve Bank in a speech he gave a few weeks ago.He could have just as easily been talking about propaganda. The Fed, the White House, Wall Street, the media have a vested interest in peddling a certain narrative about the economy....Read More
George Soros Forms Pro "Illegals" Super PAC To Shift Election ... Soros Dumping Millions Into Questionable Voter Influence Campaign - Illegals? ... Their tools in the onslaught are what the New York Times describes as "Latinos and other immigrants." -RickWellsCall this decade "1960's Redux"- mostly because the men at the top want it this way.They want continued and expanded polarization. They seek...Read More
McMillian LLP Lawyer Robin Junger, who specializes in aboriginal land claims, sorting through maps in his Vancouver Office l Chung ChowSettling native land claims is ostensibly supposed to bring some certainty to land-use questions in B.C.But two recent decisions by the provincial government are creating even more uncertainty for mining and mineral exploration in B.C. and sending a negative signal...Read More
CFR Elites Seek Renewed Military Spending Around the WorldNew World Order is New World Disorder ... Richard Haass, president at Council on Foreign Relations, discusses this weekend’s attacks in Turkey and the Ivory Coast and the importance of international leadership by the United States. He speaks on “Bloomberg Surveillance.” – BloombergThe Council on Foreign Relations is...Read More
CFR Elites Seek Renewed Military Spending Around the WorldNew World Order is New World Disorder ... Richard Haass, president at Council on Foreign Relations, discusses this weekend’s attacks in Turkey and the Ivory Coast and the importance of international leadership by the United States. He speaks on “Bloomberg Surveillance.” – BloombergThe Council on Foreign Relations is...Read More
MINING.com correspondent, Andrew Nelson, interviews the newly appointed President of McEwen Mining, Colin Sutherland, at the most anticipated mining conference of the year, PDAC 2016 in Toronto. Mr. Sutherland has over 20 years of financial and operating experience in the gold mining industry and most recently was the CEO of Archipelago Resources growing it to a 200,000 ounce gold producer. He als...Read More
The pain at Anglo American (LSE:AAL) has finally reached the corner office.Today the struggling mining major with roots going back more than a hundred years to South Africa's gold and diamond fields, said CEO Mark Cutifani's total pay last year fell 8 percent, from ?3.7m to ?3.4m. The Australian, who joined Anglo in 2013 replacing Cynthia Carroll, also saw his bonus plummet by almost 40 percen...Read More
Moveon.Org raising funds from Trump protests, warns more disruptions to come ... "We refuse to be intimidated by Donald Trump, Fox News, or anyone else ... We've been ramping up our efforts for months ... We need to double-down in the face of direct attacks on our community"... The progressive group is funded by billionaire George Soros, and has endorsed Democratic candidate Vermont Sen. Bernard...Read More
Moveon.Org raising funds from Trump protests, warns more disruptions to come ... "We refuse to be intimidated by Donald Trump, Fox News, or anyone else ... We've been ramping up our efforts for months ... We need to double-down in the face of direct attacks on our community"... The progressive group is funded by billionaire George Soros, and has endorsed Democratic candidate Vermont Sen. Bernard...Read More
Youtube user Tito4re is causing quite a sensation with his latest stunt, pouring molten copper on a Big Mac.In the video, liquid copper which has a melting point of 984 ?F or 1,085 ?C, is ladled onto the legendary hamburger, then pulled apart by a set of metal tongs as it slowly disintegrates. The video has so far earned 783,428 views.Hat tip: Mashable Read More
James Jaeger is an award-winning filmmaker who co-founded Matrix Entertainment which has partnered with Bill Van Alen, of Cornerstone Entertainment, Constitutional attorney, Edwin Vieira, Jr., and independent producer, Richard B. Iott, to produce a series of feature-length political documentaries centering on the U.S. Constitution. The first documentary - Fiat Empire about the Federal Reserve...Read More
James Jaeger is an award-winning filmmaker who co-founded Matrix Entertainment which has partnered with Bill Van Alen, of Cornerstone Entertainment, Constitutional attorney, Edwin Vieira, Jr., and independent producer, Richard B. Iott, to produce a series of feature-length political documentaries centering on the U.S. Constitution. The first documentary - Fiat Empire about the Federal Reserve...Read More
Believe in conspiracy theories? You’re probably a narcissist: People who doubt the moon landings are more likely to be selfish and attention-seeking ... Psychologists from the University of Kent carried out three online studies ... -UK Daily MailWe are seeing an increasing number of academic studies analyzing the psychology behind "conspiracy theorists" and those who question government prop...Read More
Believe in conspiracy theories? You’re probably a narcissist: People who doubt the moon landings are more likely to be selfish and attention-seeking ... Psychologists from the University of Kent carried out three online studies ... -UK Daily MailWe are seeing an increasing number of academic studies analyzing the psychology behind "conspiracy theorists" and those who question government prop...Read More
The death toll from a landslide at Glencore's (LON:GLEN) Katanga Mining operation in the Democratic Republic of Congo climbed Thursday as a third body was recovered from the pit.The search for the remaining four missing individuals continues with "all available resources," Glencore said in a statement.Seven workers went missing Tuesday after a "geotechnical failure" led to the collapse of the nort...Read More
Activists in the Democratic Republic of Congo are pressing the government to revive plans for a new mining code, claiming the country, which is Africa's top copper producer, needs the higher revenues the revised legislation would generate.Congo began reviewing the 2002 mining code in 2012 and last year it proposed hiking profit taxes to 35% from 30%, raising the state's free share of new mining pr...Read More