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

Osisko Resources owns 16.2% of the Quebec gold junior Falco Resources (TSX-V:FPC) after purchasing 5.9 million shares for $1.88 million.Falco Resources' Horne Project area in Rouyn-Noranda encompasses the former producing Horne and Quemont mines, according to information on the company's website. The Horne mine, discovered by EH Horne in 1920 and operated by Noranda from 1926 to 1976, was one of t...Read More

A heartless Conservative Government was elected, Labour was defeated in Scotland and the rise of ISIS has been remorseless … Yet there are still some hopeful signs for the year ahead. Axeman George Osborne has been forced to drop some of the harshest measures he wanted to introduce, including slashing benefits for the low-paid and poor, and decimating the police, while a global deal has been...Read More

Obama's 'Boots on the Ground': U.S. Special Forces Are Sent to Tackle Global Threats … They are taking on a larger combat role in Afghanistan, where the war was supposed to be over. They are headed to Syria to help fight the Islamic State in its stronghold. And President Obama recently ordered nearly 300 of them to Cameroon to assist African troops in their battle against a milit...Read More

A heartless Conservative Government was elected, Labour was defeated in Scotland and the rise of ISIS has been remorseless … Yet there are still some hopeful signs for the year ahead. Axeman George Osborne has been forced to drop some of the harshest measures he wanted to introduce, including slashing benefits for the low-paid and poor, and decimating the police, while a global deal has been...Read More

Obama's 'Boots on the Ground': U.S. Special Forces Are Sent to Tackle Global Threats … They are taking on a larger combat role in Afghanistan, where the war was supposed to be over. They are headed to Syria to help fight the Islamic State in its stronghold. And President Obama recently ordered nearly 300 of them to Cameroon to assist African troops in their battle against a milit...Read More

The Misinformation Mess … As Americans approach Election Year 2016, the crisis of misinformation is growing more and more dangerous. On issues from foreign policy to the economy, almost none of the candidates in the race appears to be addressing the real world, writes Robert Parry. – ConsortiumNewsDominant Social Theme: False flags? Nothing to see here. Let's move along.Free-Market...Read More

Anonymous war on Isis: Online activists claim to have foiled terror attack on Italy as part of 'Operation Isis' … Supporters of Anonymous have been working to shut down Twitter accounts and websites, but claims to have now disrupted attacks in the real world too. – UK IndependentDominant Social Theme: Anonymous is full of modern day heroes.Free-Market Analysis: Do we believe it...Read More

The Misinformation Mess … As Americans approach Election Year 2016, the crisis of misinformation is growing more and more dangerous. On issues from foreign policy to the economy, almost none of the candidates in the race appears to be addressing the real world, writes Robert Parry. – ConsortiumNewsDominant Social Theme: False flags? Nothing to see here. Let's move along.Free-Market...Read More

Anonymous war on Isis: Online activists claim to have foiled terror attack on Italy as part of 'Operation Isis' … Supporters of Anonymous have been working to shut down Twitter accounts and websites, but claims to have now disrupted attacks in the real world too. – UK IndependentDominant Social Theme: Anonymous is full of modern day heroes.Free-Market Analysis: Do we believe it...Read More

Chuquicamata, the world's largest open pit copper mine. (Courtesy of Codelco via Flickr)Chile, the world's top copper producing country, surprised investors by publishing for the first time ever detailed data related to costs for nearly its entire mining industry.According to the recently launched "Costs Observatory," the average cash cost per pound of copper produced in the country during the sec...Read More

What if saving the economy was the easy part? … If the past seven years have proven anything, it's that the biggest danger is often the one that no one sees coming. "You have to worry, otherwise you can't be a central banker," Fed Vice Chairman Stanley Fischer said in a speech this month. "What worries me most is that things happen: You've got a nice framework. It&...Read More

The truth is rushing out there: why conspiracy theories spread faster than ever … From 9/11 to the Paris attacks, from Ebola to Isis, every major global event attracts a corresponding counter-narrative from the 'truthers', some so all-encompassing that they take over people's lives. Are our brains wired to believe, as a new book argues? And could such thinking actually be benefic...Read More

What if saving the economy was the easy part? … If the past seven years have proven anything, it's that the biggest danger is often the one that no one sees coming. "You have to worry, otherwise you can't be a central banker," Fed Vice Chairman Stanley Fischer said in a speech this month. "What worries me most is that things happen: You've got a nice framework. It&...Read More

The truth is rushing out there: why conspiracy theories spread faster than ever … From 9/11 to the Paris attacks, from Ebola to Isis, every major global event attracts a corresponding counter-narrative from the 'truthers', some so all-encompassing that they take over people's lives. Are our brains wired to believe, as a new book argues? And could such thinking actually be benefic...Read More

Last week we showed you where the wettest mines in the world are located. Topping that list is the Ok Tedi mine in Papua New Guinea where an average of 6,636 millimetres of rain falls each year. This week we're looking at the driest mines in some of the most arid regions of the world. Nearly half the mines on this list get no precipitation at all.Visit IntelligenceMine and learn how you can run yo...Read More

Freeport-McMoRan's Tyrone mine in New Mexico.Shares in Freeport-McMoRan (NYSE:FCX) were trading more than 7.5% lower on Monday morning at about $7 after the company announced its co-founder James Moffett was stepping down as chairman and quitting the board.The move comes a few months after the world's largest publicly traded copper producer added two new directors under pressure from billionaire...Read More

MMG's gigantic Las Bambas mine is the largest China-backed mining projects scheduled to come on stream in Peru next year.Mining projects worth more than $56 billion are expected to come on stream in Peru beginning next year, led mostly by Chinese, American and Canadian companies.According to the official Andina news agency (in Spanish), there are 47 ventures in the last stages of development in th...Read More

The bottom has fallen out of the commodities market and while Canadian mining firms look set to ride it out, there could be a hit to Canada's economy because of low metals and minerals prices.At the end of December:coal is down 32 per cent from its price at the end of last year;iron ore, -24 per cent;palladium, -30 per cent;copper, -25 per cent;zinc, -30 per cent;aluminum, -19 per cent.They're a...Read More

In Sweden, a Cash-Free Future Nears … Parishioners text tithes to their churches. Homeless street vendors carry mobile credit-card readers. Even the Abba Museum, despite being a shrine to the 1970s pop group that wrote "Money, Money, Money," considers cash so last-century that it does not accept bills and coins. Few places are tilting toward a cashless future as quickly as Sweden,...Read More

Katie Couric reveals what it's like to work with Marissa Mayer at Yahoo … Yahoo global news anchor Katie Couric tells INSIDER exclusively: "Marissa is in the spotlight … When you're a high-profile woman, I think that it can sometimes be uber-challenging, and I think she's putting her head down and trying to do the work, and I know it must be challenging at times for he...Read More