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

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

For one of the oldest and most successful teams in Formula One racing, the 2015 season was a big disappointment for McLaren.The team that made Ayrton Senna and Alain Prost into champions finished second-bottom in the 2015 constructor's championship and didn't get a driver on to the podium once in 19 races.But then again, McLaren has more to focus on these days than just the Formula One circus.The...Read More

Discuss: "2016 is going to be a great year for mining" In our look back at 2015 we called it mining's annus horribilis.In stead of the hoped for rebound in metals and minerals prices, just about everything from copper to crude and coal to diamonds lost more ground. Those that were calling a bottom on the commodities market in 2015 where sorely disappointed and anyone making a bullish case were sh...Read More

Mining companies and their shareholders have come to the realization that doing the right things in the communities where they operate is important for a lot of reasons, including the bottom line. Mining executives also tell The Gold Report that the most effective corporate social responsibility programs (CSR) are orchestrated cooperatively instead of applied prescriptively.In 2014 Endeavour Silve...Read More

Investors returned to the metals and mining sector in a big way on Wednesday after good news from the world's two largest economies and metals consumers.Yesterday, Chinese leaders paved the way for a raft of measures to stimulate the country's slowing economy while growth figures in the US, although modest came in ahead of expectations.On the Comex market in New York copper for delivery in March c...Read More

Ready for a Shanghai surprise?China's leaders in October outlined the direction of the world's second largest economy over the next five years.The country's 13th five-year plan running from 2016 - 2020 is the first one approved by Xi Jinping who led a group on "comprehensively deepening reforms" to overhaul China's investment-led economy into one driven by services and consumption.The communique i...Read More

Courtesy of: Visual CapitalistWeeks ago we were delighted to attend an investment conference in San Francisco called The Silver Summit & Resource Expo.Speakers included well-known voices in the investment community such as Grant Williams, Frank Holmes, Frank Trotter, and Rick Rule. The show was also supplemented with people that have helped to build multi-billion companies: precious metals pioneer...Read More

A new study by McKinsey & Company found that 45% of work activities could be automated using already demonstrated technology. According to the researchthese activities represent about $2 trillion in annual wages in the US. What's more automation does not only affect low-skill, low-wage roles - McKinsey discovered that "even the highest-paid occupations in the economy, such as financial managers, p...Read More

Undoubtedly, 2015 will go down in the history books as one of the worst years on record for mining companies, hit by record-low commodities prices that forced them to axe jobs, dividends, production and sell assets.The main question for next year is whether miners will see the beginning of a recovery phase or they will have to get used to what some describe as the "new normal", characterized by o...Read More

Confident and clear, Yellen says rate path will be well signaled … The unanimous backing Federal Reserve Chair Janet Yellen got for the Fed's first rate hike since the financial crisis let her deliver a clear message: Don't expect further rate hikes for a while, and when we are ready, we'll tell you. Yellen's confident and measured performance – she even managed a joke...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

Confident and clear, Yellen says rate path will be well signaled … The unanimous backing Federal Reserve Chair Janet Yellen got for the Fed's first rate hike since the financial crisis let her deliver a clear message: Don't expect further rate hikes for a while, and when we are ready, we'll tell you. Yellen's confident and measured performance – she even managed a joke...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