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 B.C. government is throwing the mining industry an emergency lifeline in the form of deferred electricity bill payments that could be worth more than $300 million.Several metallurgical coal mines have closed in B.C. in the last couple of years, due to a prolonged commodity price plunge, and B.C.'s biggest mining company, Teck Resources (TSX:TCK.B) has taken to rotating shutdowns at those that...Read More

Republicans have spent the entire Obama presidency engaging in acts of disrespect against this president, and the office that he has been twice elected to by a majority of the voters. By refusing to give his budget a hearing, House Republicans have moved beyond disrespect of the man and into disrespect of the office of the presidency. It looks like House Republicans are so afraid of the President&...Read More

Republicans have spent the entire Obama presidency engaging in acts of disrespect against this president, and the office that he has been twice elected to by a majority of the voters. By refusing to give his budget a hearing, House Republicans have moved beyond disrespect of the man and into disrespect of the office of the presidency. It looks like House Republicans are so afraid of the President&...Read More

A lifeline being tossed to B.C. mines may not be enough to prevent the closure of the Huckleberry open-pit copper mine near Houston, B.C.Imperial Metals (TSX:III) has put employees at its Huckleberry mine on notice that the mine will shut down in August.The announcement follows on an earlier announcement in January that the open-pit mine would reduce its 260-person workforce by 100.Imperial said t...Read More

Courtesy of: Visual CapitalistIt's no secret that the world has been a little down on China.The world's most populous country has been the primary engine of economic growth for decades, but recently investor optimism around China has diminished significantly. With a sliding manufacturing sector and lower GDP growth, most mainstream pundits have shifted focus to whether the country will have a "sof...Read More

New Hampshire is the second state to make its picks for the Republican and Democratic presidential nominees. Residents will cast ballots in primary elections on Feb. 9, one week after the first presidential nominating contest in Iowa, where Republican Ted Cruz and Democrat Hillary Clinton emerged victorious from the caucuses … While all the early primary states are in the business of winnowi...Read More

New Hampshire is the second state to make its picks for the Republican and Democratic presidential nominees. Residents will cast ballots in primary elections on Feb. 9, one week after the first presidential nominating contest in Iowa, where Republican Ted Cruz and Democrat Hillary Clinton emerged victorious from the caucuses … While all the early primary states are in the business of winnowi...Read More

Grinding at Anglo American's (LON:AAL) Los Bronces copper mine in Chile has been halted after the firm detected a leak in a pipe carrying ground ore mixed with water on Sunday evening.According to local newspaper La Tercera (in Spanish), the discharge was noticed on farmland outside the capital Santiago during a routine inspection of the pipe, which connects Anglo's flagship mine with the Las Tort...Read More

Private military and security companies (PMSCs) have been exploiting conflict and instability in war-torn regions whilst making gargantuan profits for the least 15 years – and they've only increased in numbers … Hundreds of new companies have been established in the last few years alone … "The UK is an important hub for the PMSC industry. At the height of the occupa...Read More

Private military and security companies (PMSCs) have been exploiting conflict and instability in war-torn regions whilst making gargantuan profits for the least 15 years – and they've only increased in numbers … Hundreds of new companies have been established in the last few years alone … "The UK is an important hub for the PMSC industry. At the height of the occupa...Read More

Mining financier and entrepreneur Ross Beaty told an audience at the Vancouver Resource Investment Conference in late January that it's a "phenomenal" time to buy resource stocks."The tide is way out and it's a buyer's market everywhere across the board from oil, mining, currencies, and real estate," Beaty said. "Every so often cycles get to the point where they're at today and it's just hard to l...Read More

The B.C. government is throwing the mining industry an emergency lifeline in the form of deferred electricity bill payments that could be worth more than $300 million.Several metallurgical coal mines have closed in B.C. in the last couple of years, due to a prolonged commodity price plunge, and B.C.'s biggest mining company, Teck Resources (TSX:TCK.B) has taken to rotating shutdowns at those that...Read More

Energy, mining, and utilities workers across the world are the least happy in their jobs, a new study published this week shows.TinyPulse, an HR service that attempts to prevent employees burnout, looked at over 500,000 survey responses from over 60,000 employees in 13 different industries worldwide.According to the results, the top three happiest industries last year were Consumer Products & Serv...Read More

English researchers at the University of Exeter have developed a new, inexpensive method to uncover copper deposits.Dr Ben Williamson, of the university's Camborne School of Mines, and Dr Richard Herrington from the London Natural History Museum, worked together to develop the new technique, which they say could become a very cost-effective way of discovering porphyry-type copper deposits.These ki...Read More

Stock markets suspect Federal Reserve has interest rate jitters … Hints that the Fed won't raise interest rates in March are proving to be good news for miners and oil producers' share prices The Federal Reserve's William Dudley said further strengthening in the dollar could have 'significant consequences' for the health of the US economy. – UK GuardianBlame it on t...Read More

Stock markets suspect Federal Reserve has interest rate jitters … Hints that the Fed won't raise interest rates in March are proving to be good news for miners and oil producers' share prices The Federal Reserve's William Dudley said further strengthening in the dollar could have 'significant consequences' for the health of the US economy. – UK GuardianBlame it on t...Read More

Mining stocks were soaring Thursday following a disappointing report on US services sector growth released Wednesday and comments from a top Federal Reserve official suggesting concern over rising economic risks.As the US dollar continued to sink, investors turned to assets considered more stable, such as gold and other metals, which boosted stocks across the mining sector.One of the biggest winne...Read More

Canadian miner Centerra Gold (TSX:CG) can finally proceed with plans for developing its 1.6-million ounce Gatsuurt gold deposit near its Boroo Mine, Mongolia's parliament ruled Thursday.The decision, which comes after five years of negotiations, grants Centerra a 66% ownership in the project, with the government of Mongolia holding the remaining 34% of equity.The approval also follows an agreeme...Read More

From its peak in 2011 to the beginning of 2016, the global mining sector has gone through a wrenching 90% reduction in global market capitalization, wiping out an estimated US$1.5 trillion. Following the sub-prime mortgage crisis, the International Monetary Fund estimated that financial institutions around the world ultimately lost US$1.5 trillion directly or indirectly from their holdings of subp...Read More

The Trans Pacific Partnership, one of the biggest multinational trade deals ever, has been signed by ministers from its 12 member nations in New Zealand. … US President Barack Obama said the agreement was a new type of trade deal "that puts American workers first". – BBCBeware TPP. It's nothing more than the further formalization of the worst part of the 20th century: The...Read More