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

Aerial view of Codelco's Andina (left) and Anglo American's Los Bronces (front) copper mines in Chile. (Image from archives)Only a month after Anglo American (LON:AAL) completed the $300 million sale of its 100%-owned Mantos Blancos and Mantoverde copper mines in northern Chile, analysts are calling into question the firm's chance to unload two other assets.While the company's El Soldado mine has...Read More

The United States has had the world's largest economy for about 140 years. However, recently China has overtaken the US in terms of GDP based on purchasing power parity (PPP) according to IMF.Today's infographic contrasts everything about the two economies. While they are both comparable in size, they are both very different...Courtesy of: Visual CapitalistThe United States has had the world's lar...Read More

Legalising cannabis would raise millions in tax, says government study … Leaked Treasury study, commissioned by the Liberal Democrats while in coalition, says the move would also save £200m a year in court and police costs … In a debate … pro-cannabis MPs argued that the UK should draw on the experience of US states that have legalised the drug … Legalising cannabis c...Read More

Case Study #3: Why you need a second passport … In recent years, the number of people who are divorcing themselves from the heavy hand of Uncle Sam has been increasing exponentially. In 2013 the number of people renouncing US citizenship jumped 221% over the previous year. In the last quarter of 2013 alone, people abandoning US citizenship jumped 1,402% over the same period a year earlier. T...Read More

Legalising cannabis would raise millions in tax, says government study … Leaked Treasury study, commissioned by the Liberal Democrats while in coalition, says the move would also save £200m a year in court and police costs … In a debate … pro-cannabis MPs argued that the UK should draw on the experience of US states that have legalised the drug … Legalising cannabis c...Read More

Case Study #3: Why you need a second passport … In recent years, the number of people who are divorcing themselves from the heavy hand of Uncle Sam has been increasing exponentially. In 2013 the number of people renouncing US citizenship jumped 221% over the previous year. In the last quarter of 2013 alone, people abandoning US citizenship jumped 1,402% over the same period a year earlier. T...Read More

Peter Schiff: The Fed Has Created A "Bad Is Good" Economy … The downright dismal September jobs report that was released last Friday may prove to be the flashing red beacon that even the most skilled apologists can't explain away. The report should make it abundantly clear that we are far closer to recession than recovery … I expect that once the threat of rate hikes is f...Read More

Why Matt Drudge Can Stop Worrying … Matt Drudge appeared on Alex Jones's Infowars. Here is how he has been quoted. On the future of digital copyright: "I had a Supreme Court justice tell me to my face it's over for me. Said, 'Matt, it's over for you. They've got the votes now to enforce copyright law. You're out of there. They're gonna make it so headlines&nd...Read More

Peter Schiff: The Fed Has Created A "Bad Is Good" Economy … The downright dismal September jobs report that was released last Friday may prove to be the flashing red beacon that even the most skilled apologists can't explain away. The report should make it abundantly clear that we are far closer to recession than recovery … I expect that once the threat of rate hikes is f...Read More

Why Matt Drudge Can Stop Worrying … Matt Drudge appeared on Alex Jones's Infowars. Here is how he has been quoted. On the future of digital copyright: "I had a Supreme Court justice tell me to my face it's over for me. Said, 'Matt, it's over for you. They've got the votes now to enforce copyright law. You're out of there. They're gonna make it so headlines&nd...Read More

Cejay Kim October 14, 2015 Category: Research Since the NYSE put in a top in late May, the index has dropped almost 10%. We looked around the world in order to see how the other large markets are doing.Since May 21, 2015, all the major trading centres around the world have notched losses, with the Shenzhen Stock Exchange and the Shanghai Stock Exchange leading the way, off -30.9% and -27.4%, respe...Read More

Cejay Kim October 14, 2015 Category: Research Since the NYSE put in a top in late May, the index has dropped almost 10%. We looked around the world in order to see how the other large markets are doing.Since May 21, 2015, all the major trading centres around the world have notched losses, with the Shenzhen Stock Exchange and the Shanghai Stock Exchange leading the way, off -30.9% and -27.4%, respe...Read More

Cejay Kim October 14, 2015 Category: Research Since the NYSE put in a top in late May, the index has dropped almost 10%. We looked around the world in order to see how the other large markets are doing.Since May 21, 2015, all the major trading centres around the world have notched losses, with the Shenzhen Stock Exchange and the Shanghai Stock Exchange leading the way, off -30.9% and -27.4%, respe...Read More

Cejay Kim October 14, 2015 Category: Research Since the NYSE put in a top in late May, the index has dropped almost 10%. We looked around the world in order to see how the other large markets are doing.Since May 21, 2015, all the major trading centres around the world have notched losses, with the Shenzhen Stock Exchange and the Shanghai Stock Exchange leading the way, off -30.9% and -27.4%, respe...Read More

Cejay Kim October 14, 2015 Category: Research Since the NYSE put in a top in late May, the index has dropped almost 10%. We looked around the world in order to see how the other large markets are doing.Since May 21, 2015, all the major trading centres around the world have notched losses, with the Shenzhen Stock Exchange and the Shanghai Stock Exchange leading the way, off -30.9% and -27.4%, respe...Read More

Cejay Kim October 14, 2015 Category: Research Since the NYSE put in a top in late May, the index has dropped almost 10%. We looked around the world in order to see how the other large markets are doing.Since May 21, 2015, all the major trading centres around the world have notched losses, with the Shenzhen Stock Exchange and the Shanghai Stock Exchange leading the way, off -30.9% and -27.4%, respe...Read More

The mood at the metals world's number one annual gathering - LME Week - appears to be one of cautious optimism.A survey of 400 metals and mining investors polled by Macquarie at the London summit returned a moderately bullish view of the next 12 months for base metals.Platts quotes Macquarie's head of commodity research Colin Hamilton as saying "despite the ongoing and conspicuous issues for funda...Read More

In New York trade on Wednesday copper for delivery in December failed to capitalize on customs data from top consumer China showing a huge jump in imports of the red metal.Copper changed hands for $2.3895 per pound or around $5,297 a tonne in lunchtime trade on Tuesday, down some 1% from yesterday's close with the positive news out of China being offset by an announcement by top exporter Chile tha...Read More

Avino Silver & Gold Mines was up 2.05% to $1.49 after announcing a 148% production jump in its third quarter due to new mining equipment.Silver, gold and copper production were all up. Silver production increased by 84% to 399,836 oz. Gold production increased by 49% to 1,644 oz.Avino said there was a 12% increase in tonnes mined during the quarter, as well as a 27% increase in underground develop...Read More

Codelco's Chuquicamata is the world's largest open pit copper mine.Codelco, the world's biggest copper producer, rained on all the metal bulls' parade Tuesday, as the company said it plans to keep output targets and warned investors not to expect any dramatic changes to its $25 billion investment plan.Unlike its peers, particularly the No.3 copper miner Glencore, Codelco doesn't intend to hold ba...Read More