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

1933 Industries Closes Non-Brokered Private Placement and Provides Corporate UpdateRead full newsRead More

Brazilian miner Vale SA said it has not reached an agreement with Australia's New Century Resources Ltd to sell its stake in New Caledonia nickel project and now is preparing to potentially shut it down, according to a securities filing on Monday.Read full newsRead More

VANCOUVER, BC, Sept. 3, 2020 /CNW/ - First Energy Metals Ltd. (CSE: FE) ('First Energy' or the 'Company) is pleased to announce assay results of s...Read full newsRead More

As part of the process Excellon plans to undertake a 5:1 share consolidation to reduce the number of shares issued and outstanding from 159.9 million to about 32 million.Read More

WPIC forecast an annual deficit of 336,000oz, a significant turnaround from the surplus of 247,000oz it forecast back in May.Read More

Share this articleGlobal mining deal value, suffering from an unanticipated shock from the COVID-19 pandemic, fell by over US$18bn when compared to the first half of 2019 to US$46.6bn in the first half of 2020. An expected slump in the global economy, steered by a series of challenges, has kept investors away from long-term financial instruments, resulting in a 12.7% y-o-y fall in the capital rais...Read More

(IDEX Online) - BlueRock Diamonds raised over $1.25m in a private sale of rough from its Kareevlei mine, in South Africa.The British miner says the price it achieved - an average of $330 per carat for 3,805 carats - was higher than the $290 it achieved in a similar sale in June of this year, despite the ongoing pandemic.Executive chairman Mike Houston said: "Our diamonds remain attractive to buyer...Read More

(IDEX Online) - The Irish tycoon who revived his nation's whiskey industry is seeking additional funds for diamond explorations in Botswana and South Africa.John Teeling's Botswana Diamonds is already drilling the "very promising" M8 kimberlite at Marsfontein, Limpopo, South Africa.Last year it reported finding diamonds come from residual unprocessed stockpiles around the mine and from d...Read More

In one of the world's driest deserts, the battle for water is heating up.Mining companies sifting northern Chile's Atacama Desert for copper, lithium, and other minerals are increasingly finding water is their most precious resource.Vital to processes such as concentrating and leaching, miners typically extract the water they need from aquifers located high in the Andes Mountains having obtained t...Read More

Ivanhoe Mines (TSX: IVN; NYSE: US-OTC: IVPAF) has published the results of an independent definitive feasibility study (DFS) for its Kakula project in the Democratic Republic of the Congo (DRC), which says the asset could become the world's second-largest copper mining complex.Kakula, the first underground mine planned at the Kamoa-Kakula concession, is forecast to generate six million tonnes of m...Read More

Vale (NYSE: VALE) is preparing to potentially shut down its nickel and cobalt operations on the Pacific island of New Caledonia, after failing to reach a sales agreement on the assets with Australia's New Century Resources (ASX: NCZ).The Melbourne-based zinc producer first announced in May its intention to acquire a 95% stake in Vale Nouvelle Cal?(C)donie (VNC), the operator of the troubled Goro n...Read More

This week's episode features new Northern Miner contributor Dr. Chris Hinde, mining engineer and director of Pick and Pen Ltd., a U.K.-based consulting firm he set up in 2018 specializing in mining industry trends. Chris discusses the big issues he sees in the mining industry, including mining's branding problem, ESG and the obsession with gold. He also discusses his previous work with S&P Global...Read More

Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.AVZ closes on financing for tier-one lithium projectSPONSOREDavz mineralsThe first hole returned 585m grading 0.51% copper-equivalent, comprising 0.33% copper, 0.21 grams per tonne gold and 0.45g/t silver, including a higher-grade interval of 213m at 0.75% Cu-eq.Read More

Auroch taps into further nickel potentialSPONSOREDauroch mineralsAVZ closes on financing for tier-one lithium projectSPONSOREDavz mineralsElement 25's Butcherbird on songSPONSOREDelement 2588 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyThe IDP comprises three components, including a 6Mtpa bankable feasibility study for the standalone Kakula project; a prefeasibility...Read More

Auroch taps into further nickel potentialSPONSOREDauroch mineralsAVZ closes on financing for tier-one lithium projectSPONSOREDavz mineralsElement 25's Butcherbird on songSPONSOREDelement 2588 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyThe IBA includes a roster of commitments and benefits for communities including impact mitigation, employment, education, training an...Read More

The five-year contract extends the relationship between the two companies to at least 20 years, with Barminco having worked at Western Areas' Forrestania mine since 2005.Read More

Tech stocks are taking a blow and it is raising questions about the role they can play moving forward.The inflow of money into big tech hardly needs mentioning, I'm sure. The thing is, they hardly needed more of a boost.The top five U.S. companies - pull out Netflix, put in Microsoft - made up 18% of the market capitalization of the entire S&P 500. That had never happened before for any top five c...Read More

Sep 04, 2020 (The Expresswire) --Global "Gold Market" research report presents a detailed analysis of the industry by size, growth rate, top key players,...Read full newsRead More

VANCOUVER, BC, Sept. 3, 2020 /CNW/ - First Energy Metals Ltd. (CSE: FE) ('First Energy' or the 'Company) is pleased to announce assay results of s...Read full newsRead More

The Global Mining Symposium's final panel brought together experts from across the industry to discuss the merits and shortcomings of feasibility studies and how they can be improved to add value.Moderated by Mark Nopp?(C), managing director and corporate consultant in geology at SRK Consulting, the panel featured Jo-Anne Dudley, chief executive of Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ), C...Read More