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
GREEK cities were filled Sunday night with cheering supporters of the victorious Oxi ("No") camp in the referendum on the bail-out terms demanded by the country's European creditors. Many believed they had launched an anti-austerity revolution that would soon sweep the rest of Europe.In the rest of Europe, such a revolution did not seem to be on the way. Across southern Europe and in...Read More
GREEK cities were filled Sunday night with cheering supporters of the victorious Oxi ("No") camp in the referendum on the bail-out terms demanded by the country's European creditors. Many believed they had launched an anti-austerity revolution that would soon sweep the rest of Europe.In the rest of Europe, such a revolution did not seem to be on the way. Across southern Europe and in...Read More
In recent years, the United States has killed untold multitudes in wars and counterterrorist drone warfare in West Asia and North Africa. Our campaigns have spilled the blood, broken the bodies, and taken or blighted the lives of many in our armed forces, while weakening our economy by diverting necessary investment from it.These demonstrations of American power and determination have inflicted va...Read More
In recent years, the United States has killed untold multitudes in wars and counterterrorist drone warfare in West Asia and North Africa. Our campaigns have spilled the blood, broken the bodies, and taken or blighted the lives of many in our armed forces, while weakening our economy by diverting necessary investment from it.These demonstrations of American power and determination have inflicted va...Read More
Officers at police academies have always been trained in de-escalation, but there has been less emphasis on such methods over the past 20 years. A recent Police Executive Research Forum survey of 281 police agencies found that the average young officer received 58 hours of firearms training and 49 hours of defensive tactical training, but only eight hours of de-escalation training.The training reg...Read More
Officers at police academies have always been trained in de-escalation, but there has been less emphasis on such methods over the past 20 years. A recent Police Executive Research Forum survey of 281 police agencies found that the average young officer received 58 hours of firearms training and 49 hours of defensive tactical training, but only eight hours of de-escalation training.The training reg...Read More
The National Security Agency, while primarily occupied by sweeping up billions of phone calls, emails, texts and social media messages each day, wants better visual information about the earth and its residents, too, Admiral Michael Rogers said Wednesday."Signals intelligence … ain't enough, you guys," the NSA chief told a gathering of contractors in the geospatial intelligence...Read More
The National Security Agency, while primarily occupied by sweeping up billions of phone calls, emails, texts and social media messages each day, wants better visual information about the earth and its residents, too, Admiral Michael Rogers said Wednesday."Signals intelligence … ain't enough, you guys," the NSA chief told a gathering of contractors in the geospatial intelligence...Read More
A remarkably swift and broad shift in public attitudes toward gays and lesbians, unlike any other in recent history, preceded the Supreme Court's ruling Friday that found a constitutional right to same-sex marriage.As recently as 1990, about seven in eight Americans said sexual relations between adults of the same gender were wrong. In 2004, less than a third supported same-sex marriage, and o...Read More
A remarkably swift and broad shift in public attitudes toward gays and lesbians, unlike any other in recent history, preceded the Supreme Court's ruling Friday that found a constitutional right to same-sex marriage.As recently as 1990, about seven in eight Americans said sexual relations between adults of the same gender were wrong. In 2004, less than a third supported same-sex marriage, and o...Read More
The European Central Bank says it is not increasing its emergency funding for Greek banks, amid fears that Greece may default on its debts on Tuesday.The decision not to raise the cap on aid to Greece increases the likelihood of bank closures and restrictions on cash withdrawals, analysts say.That in turn could eventually result in Greece leaving the euro.The ECB said that it stood ready to review...Read More
The European Central Bank says it is not increasing its emergency funding for Greek banks, amid fears that Greece may default on its debts on Tuesday.The decision not to raise the cap on aid to Greece increases the likelihood of bank closures and restrictions on cash withdrawals, analysts say.That in turn could eventually result in Greece leaving the euro.The ECB said that it stood ready to review...Read More
What gives an electric jolt as strong as a typical Tase but is designed for prisoners already in police custody rather than suspects not yet arrested? Wireless "Stun-Cuffs" from Myers Enterprises. "Today's criminal is more hardened, desperate, and more dangerous than ever," its imperfectly punctuated brochure warns. "Whether taking a prisoner for a doctor visit, transp...Read More
What gives an electric jolt as strong as a typical Tase but is designed for prisoners already in police custody rather than suspects not yet arrested? Wireless "Stun-Cuffs" from Myers Enterprises. "Today's criminal is more hardened, desperate, and more dangerous than ever," its imperfectly punctuated brochure warns. "Whether taking a prisoner for a doctor visit, transp...Read More
The FBI assured Congress in an unusual, confidential briefing that its plane surveillance program is a by-the-books operation short on high-definition cameras — with some planes equipped with binoculars — and said only five times in five years has it tracked cellphones from the sky.The FBI would not openly answer some questions about its planes, which routinely orbit major U.S. cities...Read More
The FBI assured Congress in an unusual, confidential briefing that its plane surveillance program is a by-the-books operation short on high-definition cameras — with some planes equipped with binoculars — and said only five times in five years has it tracked cellphones from the sky.The FBI would not openly answer some questions about its planes, which routinely orbit major U.S. cities...Read More
Perhaps baboons should run for office. Researchers tracking a troop of wild olive baboons have found that the primates make travel decisions democratically when disagreements arise over which direction to go.The findings, published in the journal Science, could help shed light on the evolution of group decision-making in a variety of social animals living in hierarchical structures — humans...Read More
Perhaps baboons should run for office. Researchers tracking a troop of wild olive baboons have found that the primates make travel decisions democratically when disagreements arise over which direction to go.The findings, published in the journal Science, could help shed light on the evolution of group decision-making in a variety of social animals living in hierarchical structures — humans...Read More
One of Russia's most alarming new weapons capabilities may be on the move soon. Jane's reports that KBM, a state-owned armament company specializing in missile systems, recently presented its 9K333 Verba man-portable air-defense system (MANPADS).At an arms fair this week, the company announced that the weapon had been cleared for export — although KBM designer Gen. Velariy Kashin wou...Read More
One of Russia's most alarming new weapons capabilities may be on the move soon. Jane's reports that KBM, a state-owned armament company specializing in missile systems, recently presented its 9K333 Verba man-portable air-defense system (MANPADS).At an arms fair this week, the company announced that the weapon had been cleared for export — although KBM designer Gen. Velariy Kashin wou...Read More