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

Colombia seeks to legalize medical marijuana products … Colombia's Health Ministry seeks to allow for the manufacture and sale of medical marijuana products in Colombia, local media reported Wednesday. Health Minister Alejandro Gaviria reportedly stated that he is working on a decree to allow for the commercialization of medical cannabis products. – Colombia ReportsDominant Social...Read More

Iraq and Syria conflicts will see US putting boots on the ground after all … It was President Barack Obama's big promise: before he left office, America would be done deploying forces to fight other people's wars … And now what's happening exactly? – UK IndependentDominant Social Theme: US peacemakers are to withdraw from enemy combat zones as soon as possible, or at...Read More

Eric Coffin's new video presentation from the Vancouver Subscriber Investment Summit 2015, Is a Bad Market Good for Gold Stocks?, can be viewed below:Click here to watch the video nowSince the last issue the "optimistic scenario" has been the clear winner. Traders continue to expect the Fed to hold off. That has been enough to keep NY trending higher though the trajectory is flattening out....Read More

The value of the mining sector worldwide has dropped below one trillion US dollars for the first time since 2009. (Image copyright: Dragon Images | Shutterstock.com)For the first time since 2009, the market value of the global mining sector has dropped below US$1 trillion, according to a new report by SNL Metals and Mining.While not by much, the crossing of the line clearly illustrates how battere...Read More

The most valuable resource in a mining company is often the people. Good management can attract the right investors and add value regardless of the market. In this interview with The Gold Report, Marin Katusa, founder of Katusa Research, shares his litmus test for which mining companies are worth his hard-won dollars and which ones he is avoiding for the foreseeable future.The Gold Report: You see...Read More

Frank Callaghan, the colourful founder and former CEO of Barkerville Gold Mines Ltd. (TSX-V:BGM), has agreed to a $30,000 fine and one-year suspension from being a director or engaging in investor relations in a publicly traded company.Callaghan says the one-year suspension will have no impact on any of the companies he still holds shares in because he's no longer a director of any of those compan...Read More

Here's How You Know The Economy Is Not Growing Fast Enough … The Federal Reserve is acting cautiously. If they're concerned, chances are you should be, too. Federal Reserve Board chair Janet Yellen announced on Wednesday that the Fed's benchmark interest rate – the federal funds rate – will remain unchanged … The statement by the Federal Open Market Committee, t...Read More

Following the horrific shooting at Sandy Hook Elementary, measures were passed both in Connecticut and New York that put some restrictions on gun ownership. These measures placed a ban on semi-automatic weapons bearing certain military assault weapon features and the possession of high capacity magazines. This seems fairly unobjectionable, but groups of gun rights advocates still attempted to over...Read More

Here's How You Know The Economy Is Not Growing Fast Enough … The Federal Reserve is acting cautiously. If they're concerned, chances are you should be, too. Federal Reserve Board chair Janet Yellen announced on Wednesday that the Fed's benchmark interest rate – the federal funds rate – will remain unchanged … The statement by the Federal Open Market Committee, t...Read More

Following the horrific shooting at Sandy Hook Elementary, measures were passed both in Connecticut and New York that put some restrictions on gun ownership. These measures placed a ban on semi-automatic weapons bearing certain military assault weapon features and the possession of high capacity magazines. This seems fairly unobjectionable, but groups of gun rights advocates still attempted to over...Read More

Dave Lowell walks his ranch south of Tucson. Image from YouTube/CEO.ca.Simply put, you just have to be out of the office, in the field and drilling holes if you want to be making discoveries says legendary explorationist and geologist, Dave Lowell, in his book Intrepid Explorer - The Autobiography of the World's Best Mine Finder.Lowell-this past century's most successful mining explorationist h...Read More

A new mine level being constructed at Codelco's El Teniente, the world's largest underground copper operation and the sixth biggest copper mine by reserve size, will extend its life by 50 years.Chile's government will give state-owned copper miner Codelco $600 million in funds to finance its investment plans, as the world's No.1 producer of the industrial metal battles to keep up production at its...Read More

Modern treaties have boosted incomes in First Nation communities and have led to more resource development, according to a new C.D. Howe Institute Report.Treaties signed in Canada since the 1970s have greatly benefited First Nations and mining companies, as they have boosted the average annual income of such communities and lead to greater development of natural resources, a new study released Wed...Read More

House Benghazi Hearings: Too Much Too Late … Last week the US House of Representatives called former Secretary of State Hillary Clinton to appear before a select committee looking into the attack on a US facility in Benghazi, Libya, in 2012. The attack left four Americans dead, including US Ambassador to Libya, Chris Stevens. As might be expected, however, the "Benghazi Committee"...Read More

Oil is a better bet than Treasuries as the Federal Reserve contemplates raising interest rates, according to Park Sungjin, an investor in Seoul … U.S. interest rates may head higher in the coming months, said Park, the head of investment management at Meritz Securities Co., which has $7 billion in assets. – BloombergDominant Social Theme: The economy is recovering. Is a safe haven even...Read More

House Benghazi Hearings: Too Much Too Late … Last week the US House of Representatives called former Secretary of State Hillary Clinton to appear before a select committee looking into the attack on a US facility in Benghazi, Libya, in 2012. The attack left four Americans dead, including US Ambassador to Libya, Chris Stevens. As might be expected, however, the "Benghazi Committee"...Read More

Oil is a better bet than Treasuries as the Federal Reserve contemplates raising interest rates, according to Park Sungjin, an investor in Seoul … U.S. interest rates may head higher in the coming months, said Park, the head of investment management at Meritz Securities Co., which has $7 billion in assets. – BloombergDominant Social Theme: The economy is recovering. Is a safe haven even...Read More

The government hopes production will soon begin at the Fruta del Norte. The project is one of the world's biggest recent gold discoveries, containing about 6.7 million ounces of proven and probable gold reserves and 9 million ounces of proven and probable silver reserves. (Image courtesy of Lundin Gold)Ecuador aims to attract at least $750 million in foreign mining investment during the first quar...Read More

Source: GFMS Thomson ReutersThe third quarter gold survey by GFMS Thomson Reuters calculate global primary gold production rose 2% in the first half of the year to 1,507 tonnes.Most of the growth too place in Asia and where production across the region grew by double digits.That was thanks to increased production in top gold mining country China, which added nearly 10 tonnes for first half product...Read More

Shares in Sandstorm Gold Ltd. (TSE:SSL, NYSE MKT:SAND) dropped sharply on Tuesday in heavier than usual volumes, after the company announced the signing of a production streaming deal with fellow Canadian miner Yamana Gold Inc (NYSE:AUY, TSE:YRI) and bought deal financing with a syndicate of banks.In early afternoon trade the Vancouver-based company was trading at $2.64, down more than 12.6% in...Read More