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

Azure will have a 70:30 joint venture with Creasy at Turner River plus the Meentheena and Coongan prospects, and a 60:40 JV at the Andover nickel-copper prospect.Read More

Mastermyne managing director Tony Caruso told the Noosa Virtual Mining Conference he believed the acquisition provided a path for expansion of the ground consolidation business from coal into the hardRead More

Share this articleCALGARY - Despite negative impacts of the COVID-19 pandemic on production and costs, rising prices for gold are expected to buoy results as Canada's precious metals miners begin rolling out second-quarter financial results next week.In the three months ended June 30, the average gold price was US$1,713 per ounce, up eight per cent over the first quarter, said RBC Capital Mark...Read More

Asiamet Resources: Copper's Best Kept SecretSPONSOREDasiamet resourcesScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesIron ore production, on a 100% basis, rose 7% quarter-on-quarter and 4% year-on-year to 83.2 million tonnes. Shipmen...Read More

The mining and materials equity team at RBC Capital Markets has raised its silver price forecasts by 16% in 2020, 17% in 2021 and 14% in 2022.RBC now forecasts silver prices will average US$17.76 per oz. this year, US$18.75 per oz. next year, and US$18.50 per oz. in 2021.Silver is currently at about US$19.36 per oz., up by 53% from mid-March.The bank credited its higher price forecasts to "a more...Read More

Mine financing company Triple Flag Precious Metals has closed a US$550 million gold and silver stream on future production from China Molybdenum's Northparkes mine in Australia.The deal gives Triple Flag rights to the majority of the gold and silver that will be produced at the mine in New South Wales until it receives 630,000 oz. gold and 9 million oz. silver. At that point, Triple Flag will cont...Read More

Colombia is the fifth-largest coal exporter in the world, but with Europe reducing coal imports as it increasingly moves to clean energy its share of Colombia coal exports has fallen from 50% in 2012Read More

Terms of the deal, flagged a month ago, were not disclosed.Datamine will keep the Snowden name, established through its mining technical consulting activities more than 30 years ago, though it will focus on building Snowden's multi-product mining software business.A Snowden spokesman told Mining Journal the focus going forward would be on growing "all parts of the business". Datamine executiv...Read More

Iranian security forces fired tear gas on Thursday to disperse demonstrators gathered in the southwestern city of Behbahan, witnesses told Reuters, and there was a heavy presence of forces in other cities.Videos posted on social media from inside Iran showed protesters chanting,Read full newsRead More

PORTOFINO RESOURCES INC. is pleased to announce it has commencedRead full newsRead More

Getchell Gold Corp. a leading Nevada focused Gold and Copper explRead full newsRead More

Granada Gold Mine is pleased to report that it has retained the sRead full newsRead More

With gold prices at or near record highs investors love gold juniors, especially those that can rapidly discover gold, grow ...Read full newsRead More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") in response to growing client demand for retail channel connections - provided through the Company's platform solution - Venzee is now providing stakeholders with visibility to retail channel connection growth and operational pipeline velocity.Today the Company is announcing key metrics indicating Retail Channel...Read More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce that it has entered into an agreement with NxGold Ltd. (TSXV: NXN) ("NxGold") to grant NxGold the option to acquire a 100% interest in IsoEnergy's Mountain Lake uranium property in Nunavut, Canada ("Option Agreement").Highlights:NxGold obtains a two-year option to acquire a 100% interest in the Mountain Lake ura...Read More

AIM-specialist Numis had built up a presence in the small-midcap mining sector, acting as UK broker to companies including Shanta Gold, Pan African Resources, Yellow Cake and Base Resources.Staff have been placed on a consultation period until the end of next week.An analyst from fellow broker SP Angel said the withdrawal "may reflect a lack of critical mass and expertise in the sector, high busin...Read More

COVID-19 shutdowns across southern Africa hit several of Anglo's business units, while the company also faced PGM processing issues, a gas explosion at its Grosvenor mine in Australia and challengingRead More

Mantashe, who turned 65 in June, is reportedly the country's first minister to test positive for the coronavirus.The office of the presidency said Mantashe and his wife Nolwandle, who had also tested positive, were in isolation and the minister would continue to work from home.It was the minister's third round of tests since the outbreak of the virus, the office said.Days earlier, when commenting...Read More

Share this articleTORONTO - Kirkland Lake Gold Ltd. says it will cut up to 255 staff positions due to a pandemic-related suspension of operations at its Holt Complex in northern Ontario.The Toronto-based company says it has reassigned about 220 of the complex's 475 workers elsewhere within its Canadian organization since the suspension began in April.However, Kirkland Lake Gold says it now believe...Read More

Share this articleTORONTO - Barrick Gold Corp. is reporting lower production of gold and higher costs at its mines in preliminary second quarter results.The Toronto-based miner says gold production in the three months ended June 30 fell by about eight per cent to 1.149 million ounces from 1.25 million in the previous quarter, mainly due to COVID-19 related disruptions at its Veladero mine in Arg...Read More