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

US general rebrands Isis 'Daesh' after requests from regional partners … Leader of operations against group uses alternative name – a pejorative in Arabic that rejects fighters' claims on Islam … A top Pentagon general has informally rebranded the jihadists of Isis with the name "Daesh" after allies in the middle east asked he not use the group's other m...Read More

It shouldn't come as much of a surprise that most of the world's wettest mines are located in a country that's highly vulnerable to typhoons. The Philippines is home to seven of the mines on this list, where close to 5,000 millimetres of rain can fall in a single year.But the world's wettest mine is Papua New Guinea's Ok Tedi. This open-pit copper, gold, and silver mine gets an average of 6,636 mi...Read More

Caterpillar (NYSE:CAT), the world's No.1 heavy machinery maker, will have to pay $74 million to one of its suppliers after a U.S. court found it guilty of stealing trade secrets from that company.Following an eight-week trial in Chicago, the jury in a U.S. District Court voted in favour of Miller UK Ltd., an England-based supplier that in 2010 accused Caterpillar of misusing classified information...Read More

Janet Yellen's cautious retreat from zero-rate era … With the Federal Reserve's hiking short-term interest rates by a quarter-percentage point, a cautious Janet Yellen has taken the final step to unwind her crisis-manager predecessor's extraordinary economic rescue operation. During her almost two years chairing the Federal Reserve Board, Yellen has phased out the two signature s...Read More

Martin Shkreli, "America's Most Hated "… The "most hated man in America" just got arrested for securities fraud. Shkreli, the baby faced, former Jim Cramer protege and serial biotech mogul who famously raised the price of a toxoplasmosis drug by 5000% in September, igniting a media and political firestorm in the process, is accused of using Retrophin (a company he fou...Read More

Janet Yellen's cautious retreat from zero-rate era … With the Federal Reserve's hiking short-term interest rates by a quarter-percentage point, a cautious Janet Yellen has taken the final step to unwind her crisis-manager predecessor's extraordinary economic rescue operation. During her almost two years chairing the Federal Reserve Board, Yellen has phased out the two signature s...Read More

Martin Shkreli, "America's Most Hated "… The "most hated man in America" just got arrested for securities fraud. Shkreli, the baby faced, former Jim Cramer protege and serial biotech mogul who famously raised the price of a toxoplasmosis drug by 5000% in September, igniting a media and political firestorm in the process, is accused of using Retrophin (a company he fou...Read More

Debswana's Orapa Mine.Botswana's diamond mining giant, Debswana, is closing its Damtshaa mine, and will scale down production at Orapa No.1 operation for the next three years as it battles a continued downturn in the global diamond market, local paper Southern Times reports.The company - a 50/50 joint venture between De Beers and the Botswana Government - had forecast production of 22 million c...Read More

Los Pelambres remains Antofagasta's flagship mine, producing over 55% of the total group output.(Image courtesy of Antofagasta PLC)A Chilean court evaluating an appeal from London-listed Antofagasta (LON:ANTO) to a March decision that forces the company to demolish the dam wall for Los Pelambres copper mine, could soon make a final decision, local paper Diario Financiero reports (in Spanish).The c...Read More

Why the Fed's historic rate hike is good news and bad news for the economy. Yellen says rate hike shows Fed's confidence the U.S. economy is strengthening … — LA TimesDominant Social Theme: The Fed takes care of the economy, and this is the way it must be.Free-Market Analysis: The good news is that the economy is recovering, according to this article. The bad news is that the F...Read More

Why Hillary Clinton's 'Likeability' May Not Matter to Voters in 2016 … Hillary Clinton's candidacy will test an important proposition in presidential politics: Do voters cast ballots for candidates they don't necessarily like? Mrs. Clinton isn't hanging her candidacy on the idea that she's especially personable. The thrust of her campaign is that in precarious tim...Read More

Why the Fed's historic rate hike is good news and bad news for the economy. Yellen says rate hike shows Fed's confidence the U.S. economy is strengthening … — LA TimesDominant Social Theme: The Fed takes care of the economy, and this is the way it must be.Free-Market Analysis: The good news is that the economy is recovering, according to this article. The bad news is that the F...Read More

Why Hillary Clinton's 'Likeability' May Not Matter to Voters in 2016 … Hillary Clinton's candidacy will test an important proposition in presidential politics: Do voters cast ballots for candidates they don't necessarily like? Mrs. Clinton isn't hanging her candidacy on the idea that she's especially personable. The thrust of her campaign is that in precarious tim...Read More

No charges will be laid by the provincial government due to the failure of the Mount Polley tailings dam, said the B.C. chief mines inspector."The chief inspector found that the mine and its engineers employed weak practices on the mine site and many recommendations go to new standards and guidelines to improve these practices," said the Ministry of Energy and Mines in a news release."Weak practic...Read More

A look back at mining and metals in 2015 through MINING.com's most popular stories of the year. Click on the arrow on the right to scroll through the timeline of events.Read More

Fed raises rates for first time in 9 years … The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis. The U.S. central bank's policy-setting committee raised the range of its benchmark interest rate by a quarter of a percentage point to between 0.25...Read More

Obama Tells New American Citizens Why Immigration Is 'Part of What Makes Us Exceptional' … On Tuesday morning, 31 people from 25 countries became American citizens while standing in the same room as the original Bill of Rights, which celebrated its 224th birthday today. They were very excited. Muhanned Ibrahim Al Naib, a refugee from Iraq and former translator, told the Guardian, &qu...Read More

Fed raises rates for first time in 9 years … The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis. The U.S. central bank's policy-setting committee raised the range of its benchmark interest rate by a quarter of a percentage point to between 0.25...Read More

Obama Tells New American Citizens Why Immigration Is 'Part of What Makes Us Exceptional' … On Tuesday morning, 31 people from 25 countries became American citizens while standing in the same room as the original Bill of Rights, which celebrated its 224th birthday today. They were very excited. Muhanned Ibrahim Al Naib, a refugee from Iraq and former translator, told the Guardian, &qu...Read More

Transporting workers and heavy machinery can be a challenge for any mine, but there's one part of the world where mining has a whole other level of complexity: an elevation of more than 4,000 metres.Here's where the world's 10 highest mines are located.Visit IntelligenceMine and learn how you can run your own analysis to uncover service, supply, investment and business opportunities. Contact us t...Read More