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

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe association developed the accolade in 2017 in pursuit of responsible sourcing strategy options for copper, modelling it on the United Nations Sustainable Development Goals.After extensive stakeholder consultation, pilot assessment with 25 member companies, and standards refinement, the Copper Mark was launched in March. The Cop...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesFawaz joins Ambler Metals from Newmont where he was SVP projects from February 2011 to October 2019, with responsibility for the development and execution of Newmont's major gold and copper projects globally."With decades of experience in the development of major resources projects, his leadership will be integral to the next phase...Read More

BME said it had initiated 3,780 detonators in a single blast at a manganese mine near Hotazel in the Northern Cape.Area manager Kobus Boonzaaier said the latest record was once again achieved using the company's AXXIS GII electronic detonation system.The company said it had earlier achieved a world record blast of 7,401 electronic detonators in the main pit of the Kansanshi copper mine in Africa."...Read More

The association developed the accolade in 2017 in pursuit of responsible sourcing strategy options for copper, modelling it on the United Nations Sustainable Development Goals.After extensive stakeholder consultation, pilot assessment with 25 member companies, and standards refinement, the Copper Mark was launched in March. The Copper Mark is now an independent entity with a multi-stakeholder coun...Read More

While the stock market is at all-time highs, gold is right up there near them as well.This may seem counter-intuitive with both rising at the same time. In some ways it is, but it isn't.It isn't just a doom-and-gloom counter-narrative, though plenty of gold haters always see any rise in gold prices that way.Instead, what we're seeing is the formation of a long-term trend both in underlying causes...Read More

Hedge funds continued to switch their focus from crude oil to refined fuels last week - betting refinery margins are too low and will have to rise even as signals about the benchmark oil prices remain conflicting.Read full newsRead More

Brixton Metals Corporation is pleased to announce that it has entRead full newsRead More

Bold Ventures Inc. is pleased to announce that it has received alRead full newsRead More

Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF), a leading creator and publisher of counter culture mobile games, today announced that it will report its financial results for the second quarter ended June 30, 2020 after the Canadian market close on Monday, August 31, 2020. Following this announcement, LEAF management will host a conference call on Tuesday September 1, 2020 at 6AM PT/9AM ET to dis...Read More

Arena Energy has filed for bankruptcy with a plan to sell virtually all of its assets to private-equity firm Lime Rock Partners and a management group in a deal that includes $64.2 million in cash.Read full newsRead More

Are Gold ETFs A Better Bet Than Gold Stocks? Aug 21, 2020 (GoldStocks.com via COMTEX) --This has been a tough week for gold stocks and the price of gold in...Read full newsRead More

The A3.5c per share dividend (unfranked), will consume about US$30 million of Base's $87.6 million net cash position - as at June 30.Read More

The $149 million raising sees new shares issued at a price of 85c each, with the funds going towards reducing Emeco's secured notes from $442 million to $250 million.That will save $19 million per annum in interest and reduce Emeco's gross debt and net leverage ratio to 0.9-times (compared with 1.46-times at June 30), with the $250 million in notes to mature in 2024 - versus the previous note...Read More

(IDEX Online) - India's domestic jewelry sales are expected to bounce, thanks to a post-lockdown wedding rush and the Hindu festival of Diwali, in November.The world's biggest miners, De Beers and Alrosa, both say they're optimistic about increased demand driving up consumption in the second half of 2020.De Beers told The Economic Times in India that it had executed 80 per cent of i...Read More

(IDEX Online) - Antwerp's exports of both rough and polished diamonds were down over 50 per cent by dollar value in the first half of 2020.Imports were also severely dented by the coronavirus pandemic, according to new figures released by the Antwerp World Diamond Center (AWDC).However exports have been recovering steadily since hitting rock bottom in April.Rough exports from January to...Read More

(IDEX Online) - The priceless yellow Tiffany Diamond is to make a new screen appearance, in Kenneth Branagh's new movie Death on the Nile.The cushion-shape brilliant, weighing 128.54 carats with an unprecedented 82 facets - 24 more facets than usual - was discovered at the Kimberley diamond mines in South Africa in 1877.Audrey Hepburn wore it in publicity photographs the 1961 classic Breakfas...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesKalahari Metals (KML), the 100% owner of the ground, is 62%-owned by Cobre's major shareholder Metal Tiger, with the balance held by six other shareholders. Cobre will issue 21.Read More

The U.S. Army Corps of Engineers (USACE) has ordered Northern Dynasty Minerals (TSX: NDM) to craft a plan that would mitigate environmental impacts of its proposed Pebble copper-gold-molybdenum mine in Alaska.In a letter dated August 20 to the project's developer, Pebble Limited Partnership, USACE said that "mitigation is required for unavoidable adverse impacts to aquatic resources" the project c...Read More

Nomad Royalty (TSX: NSR; US:OTC: NSRXF) has entered into a definitive arrangement agreement to acquire Coral Gold (TSXV: CLH; US-OTC: CLHRF) in a cash and share deal valued at US$45.8 million as the company looks to grow its royalty portfolio.Through this transaction, Nomad is adding an uncapped, sliding scale (ranging from 1% to 2.25%) net smelter return royalty (NSR) on Nevada Gold Mines' Robert...Read More

Rio Tinto's (NYSE: RIO; LSE: RIO) top bosses will pay millions of dollars for the destruction of two ancient caves in Australia as the group has decided to cut short-term bonuses of some senior executives following an internal review.Chief executive Jean-S?(C)bastien Jacques will lose almost US$5 million ( ?3.7 million) in bonuses and the head of the iron ore business, Chris Salisbury, will see hi...Read More