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

* Oil trades near strongest levels since mid-2015* Casino stocks hit by downbeat Dec. gambling revenue* Netflix gains after upgrade* Futures up: S&P 86 pts, Dow 8.25 pts, Nasdaq 25.25 pts (Adds comment, adds details, updates prices)By Sruthi ShankarJan 2 (Reuters) - Wall Street was poised for an upbeat session on the first trading day of 2018, fueled by strong commodity prices and a weak dolla...Read More

* Futures up: S&P 6 pts, Dow 33 pts, Nasdaq 7.5 ptsBy Sruthi ShankarJan 2 (Reuters) - U.S. stock futures pointed to a higher opening for Wall Street on Tuesday, the first trading day of 2018, signaling a continuation of the solid run from last year.Major stock indexes closed out 2017 with their best year since 2013, lifted by a combination of strong economic growth, solid corporate earnings, l...Read More

LUSAKA, Jan 2 (Reuters) - A London court has ordered Zambia Vedanta VED.L unit KCM to pay a state mining company $139 million in a claim related to the copper price, raising by $36 million the amount it was originally ordered to pay, the state company said on Tuesday.The claim relates to outstanding payments under a 2013 copper price participation settlement agreement between Konkola Copper Mines...Read More

* Asia shares ex-Japan cheered by upbeat China survey* Dollar downtrodden after suffering worst year since 2003* Commodities benefit from dollar weakness, China demand* Oil prices hover near highest since mid-2015* European shares squeeze down by currency strengthBy Marc JonesLONDON, Jan 2 (Reuters) - The ailing dollar fell to its lowest in over three months on Tuesday, while surprisingly upbeat C...Read More

* STOXX 600 down 0.3 pct* Autos stocks dented by weaker French car registrations* Mining sector reverses after impressive run* IAG deal to buy Niki assets weighs on Lufthansa (Updates prices, adds detail, quotes)By Helen ReidLONDON, Jan 2 (Reuters) - European stocks faltered at the start of the trading year on Tuesday as autos stocks fell and an impressive run-up in metals and mining stocks revers...Read More

Investing.com - Gold prices rose to fresh three month highs on Tuesday in the first trading day of 2018, propelled higher by a weaker dollar.Comex gold futures rose 0.21% to $1,312.20 a troy ounce by 03:45 AM ET (08:45 AM GMT), the strongest level since September 26.Recent weakness in the dollar has supported gold prices by making the dollar-denominated metal cheaper for holders of other currencie...Read More

LONDON, Jan 2 (Reuters) - European stocks faltered at the start of the trading year on Tuesday as an impressive run-up in metals and mining stocks reversed, while strength in oil companies and banks was not enough to stop the slide.The pan-European STOXX 600 .STOXX index dipped 0.2 percent in early deals, while euro zone stocks .STOXXE fell 0.3 percent.Basic resources stocks weighed the most, with...Read More

Investing.com - A weaker dollar helped propel gold prices to a three-month high back above the $1,300 level on Friday in the final trading day of 2017.Gold futures for February delivery settled up 0.61% at $1,305.10 on the Comex division of the New York Mercantile Exchange, its highest close since September.For the year, the precious metal gained 14%, the largest yearly percentage gain since 2010....Read More

(Bloomberg) -- Commodities started the end-of-year party early.The Bloomberg Commodity Index, which measures returns on 22 raw materials, closed up 11 days in a row -- a repeat on Friday would result in the longest run in records dating back to 1991. While the index has been lifted this month by gains in crude oil, copper and gold, it still remains well below 2008 highs.Big OilWest Texas Intermedi...Read More

* U.S. stocks open lower, trimming a strong year of gains* World stocks at highs (Updates to U.S. stock market open; Changes byline and dateline, previous LONDON/SYDNEY)By Trevor HunnicuttDec 29 (Reuters) - Markets are ending 2017 in a party mood after a pick-up in global growth boosted corporate profits and commodities, while tame inflation kept central banks from snatching away the punch bowl of...Read More

Investing.com - Gold prices hit a fresh one-month high on Friday in holiday-thinned trading and was on track for its best annual gains since 2010 as weakness in the dollar supported the precious metal.Comex gold futures rose 0.12% to $1,298.70 a troy ounce by 4:18AM ET (9:18GMT) Friday, just off its intraday high of $1,299.00 which was its highest level since November 29.Futures were on the rise f...Read More

(Corrects reference to euro's performance in 16th paragraph to 2003 from 2013)* Dollar index stuck near 1-month low* Seasonal factors seen weighing on dollar at year's end* Australian, Canadian dollars at 2-month highsBy Shinichi SaoshiroTOKYO, Dec 29 (Reuters) - The dollar wallowed near a one-month low against a basket of currencies on Friday, while commodity currencies such as the Australian and...Read More

* Dollar index stuck near 1-month low* Seasonal factors seen weighing on dollar at year's end* Australian, Canadian dollars at 2-month highsBy Shinichi SaoshiroTOKYO, Dec 29 (Reuters) - The dollar wallowed near a one-month low against a basket of currencies on Friday, while currencies like the Australian and Canadian dollars were at two-month highs thanks to firmer commodity prices.The dollar inde...Read More

* Technical signals for gold seen as positive-analyst* Silver ETF holdings edge up to highest since September* GRAPHIC-2017 asset returns: http://tmsnrt.rs/2jvdmXl (Updates prices, market comment; adds byline, NEW YORK dateline)By Chris Prentice and Jan HarveyNEW YORK/LONDON, Dec 28 (Reuters) - Gold extended gains on Thursday to a one-month high on a strong technical outlook and a U.S. dollar at a...Read More

* Dollar index on track for worst year since 2003* Euro reaches 1-month high vs dollar* Australian dollar and New Zealand dollar hit 2-month highs* Bitcoin falls as South Korea curbs cryptocurrency trading (Updates market action, adds graphic on bitcoin)By Richard LeongNEW YORK, Dec 28 (Reuters) - The dollar fell to a one-month low versus a basket of currencies on Thursday on a less upbeat U.S. gr...Read More

* S&P 500 on track for best annual gains since 2013* Live Ventures soars after reporting revenue jump* J.B. Hunt Transport down on disappointing forecast* Indexes up: Dow 0.14 pct, S&P 0.07 pct, Nasdaq 0.13 pct (Updates to early afternoon)By Sruthi ShankarDec 28 (Reuters) - Wall Street indexes rose slightly in thin holiday trading on Thursday, supported by gains in technology and financial...Read More

* Copper rally keeps focus on global growth* MSCI world index set for 14th month of gains* U.S. dollar under pressure (Updates to U.S. market open; updates byline and dateline, previous LONDON)By Trevor HunnicuttDec 28 (Reuters) - World stocks trotted higher in light, holiday trading on Thursday, moving to record levels as rising industrial metals prices gestured to a strong finish to the year for...Read More

* S&P 500 on track for best annual gains since 2013* Live Ventures soars after reporting revenue jump* J.B. Hunt Transport down on disappointing forecast* Indexes up: Dow 0.21 pct, S&P 0.08 pct, Nasdaq 0.05 pct (Changes comment, updates prices, adds details)By Sruthi ShankarDec 28 (Reuters) - Wall Street's main indexes were slightly higher in late morning trading on Thursday, helped by gai...Read More

* Dollar index on track for worst year since 2003* Australian dollar and New Zealand dollar hit 2-month highs* Bitcoin sheds over 30 pct since record peak near $20,000 (Updates market action, changes dateline, previous LONDON)By Richard LeongNEW YORK, Dec 28 (Reuters) - The dollar fell to a four-week low against a basket of currencies on Thursday on a less certain U.S. economic outlook after the p...Read More

* S&P 500 on track for best annual gains since 2013* Live Ventures soars after reporting revenue jump* J.B. Hunt Transport down on disappointing forecast* Indexes up: Dow 0.21 pct, S&P 0.11 pct, Nasdaq 0.19 pct (Updates to open)By Sruthi ShankarDec 28 (Reuters) - Wall Street's main indexes rose in thin holiday trading on Thursday, helped by gains in technology stocks.Apple (NASDAQ:AAPL) AP...Read More