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

In Brazil, Rising and Rampant Racism Is Written On The Wall … A group puts racist tweets on billboards in the neighborhood in which the troll lives. The biggest lawyers group seeks an apology and reparations for slavery. Brazil is combating racism in new ways. – NPRDominant Social Theme: The real problem with Brazil is its history of racism.Free-Market Analysis: In this article, we wil...Read More

The twentieth century has witnessed the beginning, development, and end of the most tragic experiment in human history: socialism. The experiment resulted in tremendous human losses, destruction of potentially rich economies, and colossal ecological disasters. The experiment has ended, but the devastation will affect the lives and health of generations to come. The real tragedy of this experiment...Read More

In Brazil, Rising and Rampant Racism Is Written On The Wall … A group puts racist tweets on billboards in the neighborhood in which the troll lives. The biggest lawyers group seeks an apology and reparations for slavery. Brazil is combating racism in new ways. – NPRDominant Social Theme: The real problem with Brazil is its history of racism.Free-Market Analysis: In this article, we wil...Read More

The twentieth century has witnessed the beginning, development, and end of the most tragic experiment in human history: socialism. The experiment resulted in tremendous human losses, destruction of potentially rich economies, and colossal ecological disasters. The experiment has ended, but the devastation will affect the lives and health of generations to come. The real tragedy of this experiment...Read More

Tuesday was another bleak day on commodity markets. The prices of crude oil, iron ore and industrial and precious metals all declined pushing a number of commodities to fresh multi-year lows.The world's major mining companies were trading even weaker than their wares with stock valuations of the top tier reaching decade and sometimes record lows.The commodities market is a contrarian's dream at...Read More

Future looks brighterTuesday was another bleak day on commodity markets.The price of crude oil ($37.65) and iron ore ($38.80) dropped again and the globe's two most traded raw materials are now at levels prior to the word supercycle even entering the popular lexicon.Similarly precious metals and industrial continued to drift lower with bellwether copper exchanging hands barely above seven-year l...Read More

Anglo American's overhaul reflects the dire straits the global mining industry is in these days. (Image: Screenshot from Anglo American video via YouTube)Shares in Anglo American (LON:AAL) nosedived Tuesday after the miner announced drastic measures meant to cope with an ongoing rout in commodities prices, including massive lay offs, asset sales and an expected suspension of dividend payments.The...Read More

Rob Pease and Scott Shellhaas are the recipients of the AMEBC's E.A. Scholz Award for excellence in mine development for their work in advancing the Mount Milligan copper-gold project.The Association for Mineral Exploration British Columbia Awards Celebration of Excellence Gala will be held on January 27 during the Mineral Exploration Roundup 2016 conference."The annual AME BC awards give us the o...Read More

Over to you, Draghi and Yellen.This month, like many other months recently it's the intentions of central bankers that are dominating the markets. It's widely expected that the ECB and US Fed will drift even further apart in their basic policy stances this month. I'm pretty sure that view will turn out to be correct though as always the devil will be in the details. Increasing certainty ab...Read More

Greeks told to declare cash "under the mattress," jewelry and precious stones … When earlier today we read a report in the Greek Enikonomia, according to which Greek taxpayers would be forced to declare all cash "under the mattress" (including inside) or boxes that contain more than 15,000 euros as well as jewelry and precious stones (including gold) worth over 30,000 eur...Read More

Get Your Flu Shot Before the Flu Is Widespread: CDC … Everyone 6 months and older should be vaccinated before holiday trips and gatherings, experts say … While relatively few cases of flu have surfaced so far in the United States, health officials say the holiday season will likely change that, so everyone should get a flu shot now. People will be shopping, traveling and going to gathe...Read More

Greeks told to declare cash "under the mattress," jewelry and precious stones … When earlier today we read a report in the Greek Enikonomia, according to which Greek taxpayers would be forced to declare all cash "under the mattress" (including inside) or boxes that contain more than 15,000 euros as well as jewelry and precious stones (including gold) worth over 30,000 eur...Read More

Get Your Flu Shot Before the Flu Is Widespread: CDC … Everyone 6 months and older should be vaccinated before holiday trips and gatherings, experts say … While relatively few cases of flu have surfaced so far in the United States, health officials say the holiday season will likely change that, so everyone should get a flu shot now. People will be shopping, traveling and going to gathe...Read More

Image by DmyTo | Shutterstock.comMining and commodities giant Glencore (LON:GLEN) said Monday it is cutting production and 80% of the remaining staff at its Collinsville mine in Australia's north Queensland as a result of collapsing coal prices.The cuts would affect around 180 of the 230 people employed at the mine, with most of the layoffs materializing next year, the Swiss company in an e-maile...Read More

If only someone could bottle the experience of finding an overlooked company, investing for pennies a share and cashing in for 10, 20 or 30 times what you paid. Priceless, right? But how to find those companies? Small caps aren't covered by the mainstream press and analysts the way blue chips are, and determining value of an early-stage company before profit and loss statements take on real meanin...Read More

Amid a tempestuous year for the U.S. dollar gold price, gold has quietly moved up about 6% in Canadian dollar terms, squarely placing the focus on gold producers with Canadian operations that generate cash flow, says Ryan Hanley, mining analyst with Mackie Research Capital. In this interview with The Gold Report, Hanley lists his storm-tested top picks, shines light on names with M&A potential, an...Read More

It Begins: Desperate Finland Set To Unleash Helicopter Money Drop To All Citizen … Finland is considering giving every citizen €800 a month. Proposals for a national basic income are intended to simplify the social security system and encourage more unemployed people to take on temporary work. – ZeroHedgeDominant Social Theme: Let's turn central banks into a force for good by...Read More

Will the IRS Take Your Passport? … A little-noticed provision in the highway funding bill Congress passed this week threatens a right most Americans take for granted: the right to travel abroad. The provision in question gives the Internal Revenue Service the authority to revoke the passport of anyone the IRS claims owes more than $50,000 in back taxes. Congress is giving the IRS this new po...Read More

It Begins: Desperate Finland Set To Unleash Helicopter Money Drop To All Citizen … Finland is considering giving every citizen €800 a month. Proposals for a national basic income are intended to simplify the social security system and encourage more unemployed people to take on temporary work. – ZeroHedgeDominant Social Theme: Let's turn central banks into a force for good by...Read More

Will the IRS Take Your Passport? … A little-noticed provision in the highway funding bill Congress passed this week threatens a right most Americans take for granted: the right to travel abroad. The provision in question gives the Internal Revenue Service the authority to revoke the passport of anyone the IRS claims owes more than $50,000 in back taxes. Congress is giving the IRS this new po...Read More