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

CEO John McCluskey this week characterised the June quarter as one of the "most challenging" to date, given the COVID-19 pandemic's various impacts. However, the company had "adapted well" and by June both Island Gold, in Ontario, and Mulatos, in Mexico, had safely returned to normal operating levels.Headline earnings for the three months ended June 30 fell 45% year-on-year to US$9.8 million, or 3...Read More

I'm not a gold bug...I've always operated by the old Mark Twain quote that the definition of a gold mine is "a hole in the ground with a liar standing at the top."When I used to think of gold investing, I imagined an old prospector panning for it in a shallow creek, wearing a ragged hat and muddy overalls. I pictured end-of-the-world preppers screaming about burying gold in your backyard before th...Read More

NEW YORK, July 28, 2020 /PRNewswire via COMTEX/ --NEW YORK, July 28, 2020 /PRNewswire/ -- Already one of the largest and highest-grade gold producing...Read full newsRead More

Rio Tinto Ltd said on Monday it discovered gold-rich deposits at its Winu project in Western Australia and indicated the potential for a major new copper and gold mine in the region.Read full newsRead More

Gold and silver are firm before the FOMC. There is expectation that Federal Reserve will reiterate of easy monetary policy for a very long time. Federal Reserve and most central banks will tolerate higher inflation for the rest of the year and next year. This is one of the reason why gold and silver prices are rising. I have been saying for quite a while that global economic growth in the third...Read More

Gold and silver are firm before the FOMC. There is expectation that Federal Reserve will reiterate of easy monetary policy for a very long time. Federal Reserve and most central banks will tolerate higher inflation for the rest of the year and next year. This is one of the reason why gold and silver prices are rising. I have been saying for quite a while that global economic growth in the third...Read More

GOLDEN RIDGE RESOURCES LTD. announces it has closed its previouslRead full newsRead More

Triumph Gold Corp is pleased to announce plans for the upcoming eRead full newsRead More

Puma Exploration Inc., PUMA-TSXV, has increased its land packageRead full newsRead More

Getchell Gold Corp. announces that the Company's shares having clRead full newsRead More

Steppe Gold Ltd. is very pleased to provide an update on the BankRead full newsRead More

NV Gold Corporation is pleased to announce that the Company, furtRead 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 a non-brokered private placement of 14,434,200 units (the "Units") of the Company at a price of $0.10 per Unit for aggregate gross proceeds of $1,443,420 (the "Offering"). Each Unit consists of one common share of the Company (the "Shares") and one-half of a common share purcha...Read More

Spot gold had earlier risen just over $1,980 an ounce but was worth about $1,957/oz at the time of writing.The spot silver price briefly rose above $26/oz but was back around $24/oz."Some vicious moves overnight with the major action in precious with stops to the topside triggered in the first part of the Asian session before a wave of profit taking sees silver already decline 14.5% from its sessi...Read More

The two are negotiating a potential 50% equity investment in Thiess by UK-based Elliott.Read More

Share this articleSASKATOON - Cameco Corp. missed earnings expectations as it lost $53 million in the second quarter despite a 35 per cent growth in revenues.The Saskatoon-based uranium miner says it lost 13 cents per share for the period ended June 30, compared with a loss of six cents per share or $23 million a year earlier.Chief executive Tim Gitzel says the proactive shutdown of operations bec...Read More

(IDEX Online) - The company behind Baselworld, the iconic but ill-fated trade show, has announced details of its successor - a new watch and jewelry event called HourUniverse.It will take place in Basel, Switzerland, in April 2021, timed to fit around other industry events, notably a rival event in Geneva by ex-Baselworld exhibitors Rolex and Patek Philippe.Organizers the MCH Group describe HourUn...Read More

(IDEX Online) - The Natural Color Diamond Association (NCDIA) has appointed ambassadors to promote what it describes as the rarest and most beautiful of all stones.They've been tasked with reinvigorating interest in a high-value market that has collapsed in recent months because of the COVID-19 pandemic.Alan Bronstein, president of the association, says a "United Nations" of ambassadors ...Read More

(IDEX Online) -  Nine leading companies have announced their commitment to create a completely sustainable and responsible midstream diamond pipeline.  They will develop "concrete road maps" to reduce their carbon emissions by reviewing all aspects of their businesses, including electricity sources, transport and distribution methods. The nine, all De Beers Sight Holders, agreed on the j...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThis compares with earnings of $87 million for the previous corresponding period.First Quantum said sales revenues for the quarter of about $1 billion was an increase of 8% from the comparable period of 2019, primarily driven by copper and gold sales from Cobre Panama and higher sales from Las Cruces, offset by lower realised coppe...Read More