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

Agnico Eagle's Meadowbank open-pit gold mine in the Nunavut Territory of Canada Image Jason Pineau In 2015, preliminary estimated gold production by the top publicly-traded and non state-owned gold mining companies amounted to 30.78 Moz, a 1% increase compared to 2014 totals (30.39 Moz).Five out of the 10 miners suffered a decline in their attributable gold output while another five of them ach...Read More

Story developed using data from Mining Intelligence. Learn more and schedule a demo.Agnico Eagle's Meadowbank open-pit gold mine in the Nunavut Territory of Canada Image Jason Pineau In 2015, preliminary estimated gold production by the top publicly-traded and non state-owned gold mining companies amounted to 30.78 Moz, a 1% increase compared to 2014 totals (30.39 Moz).Five out of the 10 miner...Read More

Copper had a fourth decline in five sessions on speculation that China's efforts to stimulate its economy will fail to rekindle demand growth in the world's biggest metals consumer.China's central bank cut the reserve ratio amid plunging stock prices and a weakening currency. Global equities headed for a fourth monthly decline amid mounting concerns about slowing world growth. Copper has lost more...Read More

Close to 40,000 cubic meters of wastewater from a copper mine in northern Mexico spilled into rivers in 2014, forcing authorities to restrict water supply to urban areas.The leak, which is now considered the worst environmental disaster in the country's history, came from Grupo Mexico's (BMV:GMEXICOB) Buenavista copper mine, located only about 40 km from the U.S. border, and contaminated the Baca...Read More

Global finance officials promise to shore up sagging growth ... Finance officials of the world’s biggest economies promised Saturday to use “all tools” to shore up sagging global growth and to avoid devaluing their currencies to boost exports ... -APThe just-held G20 meetings are being reported by the Western mainstream media with a "facts only" context. In fact, as usual, China'...Read More

Global finance officials promise to shore up sagging growth ... Finance officials of the world’s biggest economies promised Saturday to use “all tools” to shore up sagging global growth and to avoid devaluing their currencies to boost exports ... -APThe just-held G20 meetings are being reported by the Western mainstream media with a "facts only" context. In fact, as usual, China'...Read More

Eritrea expects to have four mines in operation by 2018 producing gold, copper, zinc and potash as one of Africa's poorest nations looks to build an industry that can kick-start its economy, a top mining official told Reuters.Eritrea's artisanal miners have long scratched for gold nuggets on deposits that stretch along the Red Sea, a geological formation known as the Arabian Nubian Shield, but the...Read More

‘Serious failings’ at BBC let Jimmy Savile and Stuart Hall go unchecked ... Dame Janet Smith report finds 'climate of fear' at BBC 'Macho culture' led employees to keep quiet ... She concluded that "an atmosphere of fear still exists today in the BBC possibly because obtaining work in the BBC is highly competitive and many people no longer have the security on an employment contract"....Read More

‘Serious failings’ at BBC let Jimmy Savile and Stuart Hall go unchecked ... Dame Janet Smith report finds 'climate of fear' at BBC 'Macho culture' led employees to keep quiet ... She concluded that "an atmosphere of fear still exists today in the BBC possibly because obtaining work in the BBC is highly competitive and many people no longer have the security on an employment contract"....Read More

Now that Exploration Insights founder Brent Cook is starting to see the bright side of the mining equity cycle, he brought in former Canaccord Genuity Analyst Joe Mazumdar to cover developers and producers at the newsletter. In this interview with The Gold Report, the pair share observations from their recent travels and a short list of companies they are compiling to take advantage of a possible...Read More

BHP Billiton's spin-off South32 (ASX, LON, JSE:S32) confirmed Thursday it is looking for assets, mainly copper ones, despite reporting a significant loss for the half-year and announcing it will cut more than 770 jobs across Australia.In the six months to the end of December, the Perth-based company lost $1.75 billion due to write-downs of its manganese and coal assets.The loss represents a dramat...Read More

Lying Press? Germans Lose Faith in the Fourth Estate “Mendacious swine journals” reads this sign held by a German protester at a recent PEGIDA demonstration in Dresden, listing various German media outlets ... Germans are losing faith in their media. Nowhere is this more apparent than in mistrust of refugee crisis media coverage. Where did journalists go wrong? And how much of this ske...Read More

Lying Press? Germans Lose Faith in the Fourth Estate “Mendacious swine journals” reads this sign held by a German protester at a recent PEGIDA demonstration in Dresden, listing various German media outlets ... Germans are losing faith in their media. Nowhere is this more apparent than in mistrust of refugee crisis media coverage. Where did journalists go wrong? And how much of this ske...Read More

Rio Tinto, the world's number two miner in terms of revenues, suffered the same fate as many of its peers on Wednesday with a downgrade by Moody's Investor Services.The credit ratings agency downgraded the senior unsecured ratings of Melbourne-based Rio and its subsidiaries one notch from to Baa1 from A3 with a negative outlook.Moody's said the downgrade reflects its view "that there has been...Read More

Copper prices fell the most in two weeks in London, as investors' worries over China's deepening economic slowdown and collapsing oil prices dampened sentiment across commodities markets.The London Metal Exchange's three-month copper contract fell as much as 1.4%, the most since Feb. 10, to $4,580 a metric ton and was at $4,591.50 by 12:11 p.m. on the London Metal Exchange. Other industrial metals...Read More

EU referendum: Leaving EU a ‘leap in the dark’ says Cameron ... The prime minister says his only agenda is what is best for the country ... David Cameron has warned that leaving the European Union “could hurt working people for years to come”, as he put the case for staying in the EU to MPs. He said the choice was between an “even greater Britain” by staying in,...Read More

EU referendum: Leaving EU a ‘leap in the dark’ says Cameron ... The prime minister says his only agenda is what is best for the country ... David Cameron has warned that leaving the European Union “could hurt working people for years to come”, as he put the case for staying in the EU to MPs. He said the choice was between an “even greater Britain” by staying in,...Read More

Ontario, Canada's second largest province, has become one of the of the country's main mining districts where it takes the longest to obtain exploration permits, a new report released Tuesday shows.According to a survey of mining executives by the Fraser Institute, growing wait times for permits across Canada, and particularly in Ontario, add to the cost of exploration and may ultimately hinder t...Read More

HPV Sharply Reduced in Teenage Girls Following Vaccine, Study Says ...The vaccine for human papillomavirus, a cause of cervical cancer, has proved effective, but immunization rates remain low ... A vaccine introduced a decade ago to combat the sexually transmitted virus that causes cervical cancer has already reduced the virus's prevalence in teenage girls by almost two-thirds, federal researchers...Read More

HPV Sharply Reduced in Teenage Girls Following Vaccine, Study Says ...The vaccine for human papillomavirus, a cause of cervical cancer, has proved effective, but immunization rates remain low ... A vaccine introduced a decade ago to combat the sexually transmitted virus that causes cervical cancer has already reduced the virus's prevalence in teenage girls by almost two-thirds, federal researchers...Read More