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

BEIRUT, LEBANON (3:30 P.M.) - The Greek media reported on Tuesday, that the Greek Armed Forces are on high alert, at a time when the eastern MediterraneanRead full newsRead More

Energy companies have begun taking back millions of barrels of oil from the U.S. government's emergency stockpile after renting storage in the facility to help manage a glut of crude this spring after energy demand collapsed during COVID-19 lockdowns, a Department of Energy website showed on Monday.Read full newsRead More

Miner Barrick beats profit estimates as gold prices surge, warns on Papua New Guinea mineRead full newsRead More

...real rates have been negative before during the 1940s in the post WW2 Era and in the 1970s STAGFLATION.Read full newsRead More

...real rates have been negative before during the 1940s in the post WW2 Era and in the 1970s STAGFLATION.Read full newsRead More

SK Innovation will commercialize the world's first nickel cobalt manganese (NCM) batteries that contain 90 percent nickel, according to industry sources on August 10. ?EUREURThe South Korean battery maker will supply lithium-ion batteries that contain 90 percent nickel, 5 percent cobalt and 5 percent manganese inside cathodes to Ford F-150 electric pickup trucks set for release in 2023, they said....Read More

Barrick Gold Corp. profit and revenue rose for the second quarter as it made changes to its operations at mines due to the Covid-19 pandemic,and it said it stayed within its 2020 production guidance range.Read full newsRead More

The U.S. government will reimpose a 10% tariff on some aluminium imports from Canada as of Aug. 16, U.S. President Donald Trump announced during a campaign event at a Whirlpool plant in Clyde, Ohio, on August 6.In response to the U.S. president's announcement, the Canadian government has said that it will impose a $3.6 billion (US$2.7 billion) tariff on U.S. aluminium products starting from Sept...Read More

It was worth $28.72/oz at the time of writing, while gold was about $2,014/oz.Russia-focused silver miner Silver Bear Resources (TSX: SBR) was among the metals and mining stocks on the rise in Toronto, gaining 15%.Meanwhile US-China tensions continue and the number of COVID-19 cases globally has just passed 20 million.Elsewhere, copper gained about 1.4% on the London Metal Exchange and aluminium w...Read More

Lucara's Q2 revenue of US$7.5 million came via the sale of stones smaller than 10.8 carats. The company decided in March not to tender any diamonds in excess of that size, instead agreeing to sell Read More

(IDEX Online) - There is light at the end of the tunnel for the diamond industry, says WFDB acting president Yoram Dvash.COVID-19 has become a fact of life, he tells members in a newsletter, but there is cause for optimism.Mr Dvash (pictured) heads the World Federation of Diamond Bourses and is also  president of the Israel Diamond Exchange.He praises the two biggest diamond miners, Alrosa an...Read More

(IDEX Online) - Canadian miner Mountain Province Diamonds plunged into the red, reporting Q2 losses of $21.8m as COVID-19 brought demand to a virtual halt.But as the pandemic closed markets, globally, a "vital liquidity lifeline" negotiated with shareholder Dunebridge Worldwide allowed it to carry on selling.Almost all its sales ($22.6m out of ?, ?25m) were to Dunebridge, the Bahamas-registered co...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe company said it was the first drill programme made possible in nearly 20 years at Warintza, where the Equinox Gold spin-out is aiming to expand the Warintza Central zone, discovered by the late David Lowell in 2000. The first hole returned 567m from 1m, grading 0.8% copper, 0.04% molybdenum and 0.1g/t gold.Artemis all set...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe project was suspended in mid-March as a preventative measure in the face of the COVID-19 pandemic. Teck vice president Amparo Cornejo told a Chilean mining forum on Monday the company was working closely with local authorities and hoped to reach full staffing levels at the project within three months, Reuters reported.Arte...Read More

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Element 25's Butcherbird on songSPONSOREDelement 25Lithium no quiet place for AVZSPONSOREDavz mineralsThe Reno, Nevada-based company was formed in April last year with a view to creating value in the near term by leveraging its packag...Read More

In the second quarter, Equinox Gold (TSX: EQX; NYSE-AM: EQX) produced a total of 127,016 oz. gold at all-in sustaining costs (AISCs) of US$900 per oz. sold, from six mines in the Americas.Despite the Covid-19 pandemic, Equinox still recorded its highest quarterly gold production in the quarter.The company has also provided updated guidance for the year, due to the pandemic. It now expects to produ...Read More

Lucara Diamond (TSX: LUC) saw revenues fall 82% in the three months to June 30 from the same period last year after it decided to hold back the sale of larger stones amid pandemic-fuelled uncertainty in an already weak global diamond market.The Vancouver-based diamond producer posted a loss of almost US$14 million in the second quarter, compared to net income of US$700,000 in the second quarter of...Read More

A total of US$8.86 billion worth of M&A deals were struck in the metals and mining industry globally during the second quarter of 2020, according to the latest report from GlobalData.This represents an increase of 29.1% over the previous quarter and a decline of 14.4% when compared with the average over the last four quarters, which stood at US$10.35 billion.Comparing deal values across different...Read More

This week's episode features an interview with Northern Miner senior reporter Carl A. Williams about the $104-million Metal Earth research and development program led by the Mineral Exploration Research Centre (MERC) at Laurentian University. Carl describes the science behind the initiative as well as the difficult challenge of finding new orebodies. He also discusses his interviews with MERC dire...Read More

Gold prices fell over the last couple days and today in particular.If you search for gold news right now it is all you'll find. Headlines about a bursting bubble or correction are all over.Correction? That's a pretty broad term to toss around considering it doesn't account for the "why" of it all, but sure, if you want to call it that then go ahead.Bubble? Certainly not. It isn't even close. Tha...Read More