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
French organic winegrower fined for refusing to spray grapes with pesticide … Emmanuel Giboulot supported by green groups after refusing to spray grapes against flavescence dorée disease in Burgundy … A French organic winegrower who refused to spray his Burgundy vineyard with pesticide was ordered on Monday to pay a €500 fine for flouting official regulations. – UK Gu...Read More
The real reasons why Draghi flirts with QE … The fear is that money raised from quantitative easing in the eurozone will just be used to prop up banks that need to be allowed to fail The real reasons why Draghi flirts with QE Mario Draghi's "display of QE ankle" on Thursday sent the single currency to a monthly low against the dollar … The European Central Bank took no de...Read More
Federal Liberals maintain 10 per cent lead over Conservatives A new Forum Research public opinion poll shows the federal Liberals maintaining their 10 per cent lead over the Conservatives in popular support … A new poll by Forum Research found 39 per cent of respondents would vote Liberal if the federal election were held today, while 29 per cent would vote Conservative. When you break out t...Read More
The real reasons why Draghi flirts with QE … The fear is that money raised from quantitative easing in the eurozone will just be used to prop up banks that need to be allowed to fail The real reasons why Draghi flirts with QE Mario Draghi's "display of QE ankle" on Thursday sent the single currency to a monthly low against the dollar … The European Central Bank took no de...Read More
Federal Liberals maintain 10 per cent lead over Conservatives A new Forum Research public opinion poll shows the federal Liberals maintaining their 10 per cent lead over the Conservatives in popular support … A new poll by Forum Research found 39 per cent of respondents would vote Liberal if the federal election were held today, while 29 per cent would vote Conservative. When you break out t...Read More
Schumpeter: A green light … Companies are starting to open up about their environmental risks. They need to do more … On March 20th, Exxon Mobil, surely the world's least tree-hugging company, became the first oil giant to say it would publish details of its "stranded assets"—the value of oil and gas fields that it might not be able to exploit if there were a high c...Read More
Billionaire philanthropist George Soros hopes the U.S. goes to pot, and he is using his money to drive it there. With a cadre of like-minded, wealthy donors, Mr. Soros is dominating the pro-legalization side of the marijuana debate by funding grass-roots initiatives that begin in New York City and end up affecting local politics elsewhere. Through a network of nonprofit groups, Mr. Soros has spent...Read More
Schumpeter: A green light … Companies are starting to open up about their environmental risks. They need to do more … On March 20th, Exxon Mobil, surely the world's least tree-hugging company, became the first oil giant to say it would publish details of its "stranded assets"—the value of oil and gas fields that it might not be able to exploit if there were a high c...Read More
Billionaire philanthropist George Soros hopes the U.S. goes to pot, and he is using his money to drive it there. With a cadre of like-minded, wealthy donors, Mr. Soros is dominating the pro-legalization side of the marijuana debate by funding grass-roots initiatives that begin in New York City and end up affecting local politics elsewhere. Through a network of nonprofit groups, Mr. Soros has spent...Read More
More Americans see middle class status slipping … A sense of belonging to the middle class is occupies a cherished place in America. It conjures images of self-sufficient people with stable jobs and pleasant homes working toward prosperity. Yet nearly five years after the Great Recession ended, more people are coming to the painful realization that they're no longer part of it. They are...Read More
Gold is king, but there may be a better way to store wealth … Convenience: Bitcoins can be transferred at no cost and can be secured either digitally or on paper. – SMHDominant Social Theme: Gold is going to disappear sooner or later.Free-Market Analysis: The irritation that so many feel regarding gold is always surprising. And actually, it tells us that gold is still very important. O...Read More
More Americans see middle class status slipping … A sense of belonging to the middle class is occupies a cherished place in America. It conjures images of self-sufficient people with stable jobs and pleasant homes working toward prosperity. Yet nearly five years after the Great Recession ended, more people are coming to the painful realization that they're no longer part of it. They are...Read More
Gold is king, but there may be a better way to store wealth … Convenience: Bitcoins can be transferred at no cost and can be secured either digitally or on paper. – SMHDominant Social Theme: Gold is going to disappear sooner or later.Free-Market Analysis: The irritation that so many feel regarding gold is always surprising. And actually, it tells us that gold is still very important. O...Read More
Report: Obama Admin Released Tens Of Thousands Of Illegal Immigrant Criminals … President Obama's Department of Homeland Security caught then released 68,000 aliens who had previously been convicted of a crime, a new report from the Center for Immigration Studies shows. The report, provided to Breitbart News ahead of its late Sunday evening release, reviews internal Immigration and Custo...Read More
Forecasters find new formula for long-range weather … British scientists are believed to have developed the world's best long-term weather forecasting model, a breakthrough that promises major benefits for planners … Scientists have made a breakthrough in long-range weather forecasts … Meteorologists believe they will finally be able to give accurate long-range weather predic...Read More
Report: Obama Admin Released Tens Of Thousands Of Illegal Immigrant Criminals … President Obama's Department of Homeland Security caught then released 68,000 aliens who had previously been convicted of a crime, a new report from the Center for Immigration Studies shows. The report, provided to Breitbart News ahead of its late Sunday evening release, reviews internal Immigration and Custo...Read More
Forecasters find new formula for long-range weather … British scientists are believed to have developed the world's best long-term weather forecasting model, a breakthrough that promises major benefits for planners … Scientists have made a breakthrough in long-range weather forecasts … Meteorologists believe they will finally be able to give accurate long-range weather predic...Read More
This Is the Age of Civil Unrest … All governments had better open their eyes for we are on the brink of a major convergence between both the Cycle of Civil Unrest, Civil War & Revolution and International War. Both of these models converge and as I pointed out at the Cycles of War Conference, this is the first time we have seen this convergence since the 1700s. This is no plain modern e...Read More
World already feeling effects of climate change, says UN Report … Climate change is being felt in all corners of the globe and some parts of the natural world may already be changing irreversibly, an assessment by the UN Intergovernmental Panel on Climate Change has found. The report on the impact of climate change – released on Monday and the first of its kind in seven years – s...Read More
This Is the Age of Civil Unrest … All governments had better open their eyes for we are on the brink of a major convergence between both the Cycle of Civil Unrest, Civil War & Revolution and International War. Both of these models converge and as I pointed out at the Cycles of War Conference, this is the first time we have seen this convergence since the 1700s. This is no plain modern e...Read More