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
Hillcore Group to Join Forces with Yaletown in Financing of Solegear's Commercial Growth OpportunitiesVancouver, BC - Solegear Bioplastic Technologies Inc. (TSX-V:SGB) (the "Company" or "Solegear") is pleased to announce that Hillcore Group ("Hillcore") has led the first tranche (the "First Tranche") of a non-brokered private placement of common shares (the "Shares") of the Company (the "Private...Read More
Criminal justice reform is a contentious political issue, but there's one point on which pretty much everyone agrees: America's prison population is way too high. It's possible that a decline has already begun, with the number of state and federal inmates dropping for three years straight starting in 2010, from an all-time high of 1.62 million in 2009 to about 1.57 million in 2012. But...Read More
Criminal justice reform is a contentious political issue, but there's one point on which pretty much everyone agrees: America's prison population is way too high. It's possible that a decline has already begun, with the number of state and federal inmates dropping for three years straight starting in 2010, from an all-time high of 1.62 million in 2009 to about 1.57 million in 2012. But...Read More
Over reliance on Iran's oil sector have hurt mining, says Mehdi Karbasian, managing director of a group pushing for mine development in the country."During the past decades, due to the huge investments made in the oil industry. The foundation of the Iranian economy was based on this industry and the government paid less attention to making big investments in other sectors," said Karbasian last mo...Read More
In mid-August, China shocked markets by devaluing the yuan.Today's infographic looks at the impact this had on global currencies using three different timeframes:1 day, 1 week, and 1 month.In the grand scheme of things, China's mid-August currency devaluation spree was a drop in the bucket. Since the Financial Crisis, countries have routinely printed money, kept rates pegged artificially low, and...Read More
Australia's minerals industry professionals have experienced another surge in unemployment. The mining industry is now losing highly skilled professionals as they pursue alternative work.The organisation representing minerals professionals, the Australasian Institute of Mining and Metallurgy (AusIMM), today released annual survey results highlighting an alarming increase in unemployment amongst hi...Read More
Woodbridge, ON - Titanium Transportation Group Inc. (TSX-V:TTR) ("Titanium" or the "Company") is pleased to announce that the Company has appointed Nia Karabatsos as General Counsel. Ms. Karabatsos joins Titanium from the Business Law Group at Cassels Brock & Blackwell LLP.Ms. Karabatsos has a wealth of experience in corporate and commercial law, with emphasis on negotiating and executing mergers...Read More
Rampant sexual abuse of children has long been a problem in Afghanistan, particularly among armed commanders who dominate much of the rural landscape and can bully the population. The practice is called bacha bazi, literally "boy play," and American soldiers and Marines have been instructed not to intervene — in some cases, not even when their Afghan allies have abused boys on mili...Read More
Rampant sexual abuse of children has long been a problem in Afghanistan, particularly among armed commanders who dominate much of the rural landscape and can bully the population. The practice is called bacha bazi, literally "boy play," and American soldiers and Marines have been instructed not to intervene — in some cases, not even when their Afghan allies have abused boys on mili...Read More
Volkswagen's scheme to cheat on emissions tests could have been found out earlier if the automaker—and indeed all automakers—hadn't been able to block car-owners from digging into the software that runs their vehicles, digital rights advocates say.The Electronic Frontier Foundation says that the Digital Millennium Copyright Act (DCMA)—the controversial US law governing di...Read More
Volkswagen's scheme to cheat on emissions tests could have been found out earlier if the automaker—and indeed all automakers—hadn't been able to block car-owners from digging into the software that runs their vehicles, digital rights advocates say.The Electronic Frontier Foundation says that the Digital Millennium Copyright Act (DCMA)—the controversial US law governing di...Read More
Pope Francis, a son of immigrants making history's first papal address to the U.S. Congress, implored America's leaders on Thursday to accept immigrants as their own children, putting aside political differences to embrace those who "travel north in search of a better life."In a speech that gently but firmly urged Americans to move beyond the partisan paralysis that year after ye...Read More
Pope Francis, a son of immigrants making history's first papal address to the U.S. Congress, implored America's leaders on Thursday to accept immigrants as their own children, putting aside political differences to embrace those who "travel north in search of a better life."In a speech that gently but firmly urged Americans to move beyond the partisan paralysis that year after ye...Read More
Virtual money is officially a commodity, just like crude oil or wheat.So says the Commodity Futures Trading Commission (CFTC), which on Thursday announced it had filed and settled charges against a Bitcoin exchange for facilitating the trading of option contracts on its platform."In this order, the CFTC for the first time finds that Bitcoin and other virtual currencies are properly defined as...Read More
Virtual money is officially a commodity, just like crude oil or wheat.So says the Commodity Futures Trading Commission (CFTC), which on Thursday announced it had filed and settled charges against a Bitcoin exchange for facilitating the trading of option contracts on its platform."In this order, the CFTC for the first time finds that Bitcoin and other virtual currencies are properly defined as...Read More
Despite repeatedly denouncing the CIA's drone campaign, top officials in Pakistan's government have for years secretly endorsed the program and routinely received classified briefings on strikes and casualty counts, according to top-secret CIA documents and Pakistani diplomatic memos obtained by The Washington Post.The files describe dozens of drone attacks in Pakistan's tribal region...Read More
Despite repeatedly denouncing the CIA's drone campaign, top officials in Pakistan's government have for years secretly endorsed the program and routinely received classified briefings on strikes and casualty counts, according to top-secret CIA documents and Pakistani diplomatic memos obtained by The Washington Post.The files describe dozens of drone attacks in Pakistan's tribal region...Read More
It's Corporate Governance 101: Company directors are supposed to respect the wishes of the shareholders they are duty bound to serve. And if the directors defy them, those shareholders are supposed to hold the directors accountable.That principle of board accountability will face an unusually stark test on Sept. 22, when Bank of America shareholders gather at company headquarters in Charlotte,...Read More
It's Corporate Governance 101: Company directors are supposed to respect the wishes of the shareholders they are duty bound to serve. And if the directors defy them, those shareholders are supposed to hold the directors accountable.That principle of board accountability will face an unusually stark test on Sept. 22, when Bank of America shareholders gather at company headquarters in Charlotte,...Read More
Fridays have been especially awful for buyers of lateWorries about the next Fed rate hike have already started! Or something. We get The Really Big News, rally a little, sell off a little, go to sleep, and then Wham. I'm old enough to remember when we declined hard because the dollar was too strong -- now we decline hard because it's too weak. Either that or it's not really related -- I totally l...Read More