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
Marijuana Legalization In U.S. States Making Waves At The U.N. … With Washington State and Colorado opening the door to legal recreational marijuana use, a United Nations report has been published which takes issue with this drift towards legalization. The International Narcotics Control Board (INCB), an arm of the U.N. charged with overseeing cooperation with international drug treaties, ex...Read More
Story developed using data from Mining Intelligence. Learn more and schedule a demo.Later stage projects are located in regions that are on average less jurisdictionally safe, according to a study of Mining Intelligence data and the Fraser Institute's Investment Attractiveness Index. Mining Intelligence tracks several thousand properties throughout the world at various stages of development. Th...Read More
Climate Change to Hit Sovereign Creditworthiness … Global warming will harm sovereign creditworthiness around the world this century, with poorer nations the worst hit, Standard & Poor's Ratings Services said. Climate change is one of two "global mega-trends" alongside aging populations that dominate global economic risks, the agency said today in a report. – Bloombe...Read More
Another big-name TV doc — Dr. Oz — backs medical marijuana … Dr. Mehmet Oz, a cardiac surgeon and host of The Dr. Oz Show, says medical marijuana is a good idea … though widespread recreational use is still a bad idea. He's just the latest high-profile doctor to announce his change of heart. The TV-doc announced his about-face on the Larry King Show: "I grew up lik...Read More
Climate Change to Hit Sovereign Creditworthiness … Global warming will harm sovereign creditworthiness around the world this century, with poorer nations the worst hit, Standard & Poor's Ratings Services said. Climate change is one of two "global mega-trends" alongside aging populations that dominate global economic risks, the agency said today in a report. – Bloombe...Read More
Another big-name TV doc — Dr. Oz — backs medical marijuana … Dr. Mehmet Oz, a cardiac surgeon and host of The Dr. Oz Show, says medical marijuana is a good idea … though widespread recreational use is still a bad idea. He's just the latest high-profile doctor to announce his change of heart. The TV-doc announced his about-face on the Larry King Show: "I grew up lik...Read More
Bank of England in no rush to raise interest rates Bank Governor Mark Carney says there is enough spare capacity in the economy for interest rates to stay low, but adds that the time for rate rises is edging closer … Interest rates will remain on hold this year, the Bank of England has signalled, but households must be prepared for a gradual increase in borrowing costs amid a backdrop of &qu...Read More
Jill Abramson forced out as New York Times executive editor … Jill Abramson said: 'I've loved my run at the Times.' … The most august newspaper in the US, the New York Times, was left reeling on Wednesday after its executive editor, Jill Abramson, was fired and replaced by her deputy less than three years into one of the most exalted jobs in journalism. In a move that caugh...Read More
Bank of England in no rush to raise interest rates Bank Governor Mark Carney says there is enough spare capacity in the economy for interest rates to stay low, but adds that the time for rate rises is edging closer … Interest rates will remain on hold this year, the Bank of England has signalled, but households must be prepared for a gradual increase in borrowing costs amid a backdrop of &qu...Read More
Jill Abramson forced out as New York Times executive editor … Jill Abramson said: 'I've loved my run at the Times.' … The most august newspaper in the US, the New York Times, was left reeling on Wednesday after its executive editor, Jill Abramson, was fired and replaced by her deputy less than three years into one of the most exalted jobs in journalism. In a move that caugh...Read More
The EU Doesn't Like Its Google Search Results … Google Inc., the search-engine colossus, scans some 60 trillion Web pages to index information for the hundreds of millions of queries it receives each day. Now, according to the European Union's highest court, users there have the right to ask Google to forget much of this data – specifically, any bits about them that they would...Read More
Rubio Has Blunt Words on Climate Change, Hillary Clinton … Florida Sen. Marco Rubio told ABC's "This Week" that he believed he was ready to be president and would take an all-or-nothing approach to running if he does decide to go ahead, while also sounding skeptical notes on climate change and Hillary Clinton's tenure as secretary of state — two likely hot issues in 2...Read More
The EU Doesn't Like Its Google Search Results … Google Inc., the search-engine colossus, scans some 60 trillion Web pages to index information for the hundreds of millions of queries it receives each day. Now, according to the European Union's highest court, users there have the right to ask Google to forget much of this data – specifically, any bits about them that they would...Read More
Rubio Has Blunt Words on Climate Change, Hillary Clinton … Florida Sen. Marco Rubio told ABC's "This Week" that he believed he was ready to be president and would take an all-or-nothing approach to running if he does decide to go ahead, while also sounding skeptical notes on climate change and Hillary Clinton's tenure as secretary of state — two likely hot issues in 2...Read More
Fighting for the future of conservativism … Establishment Republicans have been delighted by the victory of Thom Tillis, their favored candidate in last week's North Carolina primary. After expensive advertising campaigns by establishment bagmen like the U.S. Chamber of Commerce and Karl Rove's American Crossroads, mainstream conservatives believe they have a candidate who can beat D...Read More
How Monica Lewinsky Changed the Media … Monica Lewinsky's 'Vanity Fair' article reluctantly plunges us straight back into the frothing world of '90s gossip. It may be painful but it answers so many questions about today's media. The Monica Lewinsky confessional in Vanity Fair brings back a torrent of unfond memories of the appalling cast of tabloid gargoyles who drove the...Read More
Fighting for the future of conservativism … Establishment Republicans have been delighted by the victory of Thom Tillis, their favored candidate in last week's North Carolina primary. After expensive advertising campaigns by establishment bagmen like the U.S. Chamber of Commerce and Karl Rove's American Crossroads, mainstream conservatives believe they have a candidate who can beat D...Read More
How Monica Lewinsky Changed the Media … Monica Lewinsky's 'Vanity Fair' article reluctantly plunges us straight back into the frothing world of '90s gossip. It may be painful but it answers so many questions about today's media. The Monica Lewinsky confessional in Vanity Fair brings back a torrent of unfond memories of the appalling cast of tabloid gargoyles who drove the...Read More
No reason for these stock market jitters … "Sell in May and go away." This stock market adage has served investors well four years in a row. Every year since 2010, stock markets around the world have suffered significant corrections between a high reached in May and a low in the summer or early autumn: by 15 percent in 2010, 19 percent in 2011, 9 percent in 2012 and 5 percent in 20...Read More
Don't worry, Scotland is not going to vote for independence. That is what people opposed to the idea have tended to think until now. But the Yes campaign has gained ground lately, winning hearts and minds. How is it doing that? What will happen next? And will it be enough to deliver a victory that breaks up the union? – UK TelegraphDominant Social Theme: What will happen next? Will Scotl...Read More