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

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) is pleased to announce that it has completed the second and final tranche of the previously announced non-brokered private placement of Units (defined below). The Company closed on the sale of an additional 7,065,800 units of the Company (the "Units") at a price of $0.10 per Unit for aggregate gross proceeds of $706,580 (...Read More

Elsewhere, the FTSE 100 had closed up 2.29% and Japan's Nikkei 225 gained 2.24%, while the Nasdaq rose 1.47% to 10,902.80."RECORD HIGH NASDAQ! It would all come crashing down, including your Jobs, Stocks, and 401k's, if Sleepy Joe ever became President. China and others would own us!!!" US president Donald Trump tweeted.The US is set to hold its presidential election in November.Marex Spectron's A...Read More

Castillo, which is already listed on the ASX and is seeking to capitalise on growing demand for copper, is looking to progress exploration projects in Australia and Zambia.Read More

Equipment, parts and service revenue was down a hefty 30%, year-on-year, in the June quarter, to DKK3,846 million (US$608 million), while orders slumped 32% yoy to DKK3,348 million (US$529 million) and EBITA fell 73% yoy to DKK131 million (US$20.7 million).While the company said it dedicated "a lot of attention [during the quarter] to assessing and managing the pandemic's impact on our business &h...Read More

(IDEX Online) - Christie's has sold a pendant necklace with a 116-carat diamond for $6,290,500 in its first "live" auction in New York since coronavirus.The pear-shaped brilliant-cut diamond (pictured) is 115.83 carats, F color, VVS1 clarity and the platinum necklace includes more than 50 other diamonds, of up to 5.50 carats. The price was shy of its $7m high estimate.The auction house said i...Read More

(IDEX Online) - Dubai is halving business set-up fees to attract new diamond companies and offering 12-months' free membership its diamond exchange. It launched the campaign by lighting up its message on the world's tallest building, the 830-meter high Burj Khalifa (pictured). The emirate has built up a $25bn-a-year diamond trade in the last 30 years, capitalizing on low taxation and co...Read More

(IDEX Online) - India's diamond polishing capital is slowly re-opening after a third lockdown, despite more than 1,700 workers testing positive for COVID-19.City authorities in Surat (pictured) have relaxed some earlier restrictions. From 1 August they have been allowing diamond markets to open six hours a day instead of four, and allowing two workers per polishing mill rather than one, provi...Read More

Look beyond market approach to project valuations: van ZylLeadership88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyLithium no quiet place for AVZSPONSOREDavz mineralsScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Castillo, which is already listed on the ASX and is seeking to capitalise on growing demand for copper, is looking to p...Read More

Gold's rally took another upturn on Tuesday, as it surpassed US$2,000 per ounce.By midday, spot gold had hit US$2,009.20 per oz., and at press time in Toronto had reached US$2,019.40 per ounce.Bullion has surged more than 30% this year to a record high and is one of the best-performing assets in 2020 as a result of increased safe-haven demand during the coronavirus pandemic.Investors are driven...Read More

Malaysia has approved Australian rare earths miner Lynas Corp.'s (ASX: LYC) application to build a permanent disposal facility for waste treatment, a minister said on Tuesday.The miner, the world's only major producer of rare earths outside China, can now proceed with construction of the waste plant, on a site identified by the Pahang state government, Khairy Jamaluddin, science, technology and in...Read More

Barrick Gold (TSX: ABX; NYSE: GOLD), the world's second-largest bullion miner, said today that Canadian junior Skeena Resources (TSX-V: SKE) has decided to exercise an option to acquire a 100% interest in the past-producing Eskay Creek property.Discovered in 1988, the Eskay Creek mine in British Columbia's Golden Triangle was, according to Skeena, once the world's highest-grade gold mine and the f...Read More

Star Diamond (TSX: DIAM) has begun to receive results from Rio Tinto's bulk-sampling program at the Star-Orion South project in central Saskatchewan.Rio so far has processed material from four of the 10 trenches excavated last year from the Star kimberlite at the project, but full results have only been reported from the first trench - 19 FALCT001.A total of 2,517 commercial-sized diamonds weighin...Read More

Silver producer Pan American Silver (TSX: PAAS; NYSE: PAAS) has updated the resource estimate for the La Colorada skarn deposit near its wholly owned La Colorada underground mine in Mexico's Zacatecas state.Inferred resources now stand at 100.4 million tonnes, grading 44 grams per tonne silver, 0.2% copper, 1.77% lead and 4.29% zinc, containing 141 million oz. silver, 199,000 tonnes copper, 1.8 mi...Read More

This week's episode features a wide-ranging interview with Teck Resources president and CEO Don Lindsay at the Canadian Mining Symposium on June 17, 2020. Northern Miner editor-in-chief Trish Saywell asks Don how he started in mining, how the company views the Chinese and Indian markets, as well as the oilsands and ESG, and the shift of its core business towards copper and its QB2 project.Don R. L...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesIt outlines annual production of 35,800 tonnes per year of copper cathode over a 12-year mine life with 40,000tpy of production during the first six years at a life of mine average C1 cash cost ofRead More

While the stock market is within a couple percentage points of all-time highs, gold is now testing the $2,000-per-ounce mark.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 lon...Read More

The days are getting hotter -- and so is the market's interest in the yellow metal.Read full newsRead More

India Business News: India's refined fuel consumption in July slipped from June, according to preliminary industry data, indicating slower industrial activity as high retaRead full newsRead More

The rush for bullion, unsurprisingly comes amid the worst public-health crisis in generations, but what does the climb in the centuries-old haven asset mean...Read full newsRead More