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 PFS looked at converting the lower portion of the current sub-level cave to a series of block caves. The study was based on a probable ore reserve of 220Mt at 1.1% copper, 0.Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesHudbay's move follows the US federal government filing its initial brief with the US Court of Appeals for the Ninth Circuit last week, with both calling for the Read More

Reverse circulation (RC) drilling at Liberty Gold's (TSX: LGD) Black Pine project has discovered a third zone of oxide gold mineralization - D-3 - underneath the historic drilling boundary in southern Idaho.The new zone is defined by three holes: two of these, LBP125 and LBP129, are 450 metres apart and lie in the same section, while the third, LBP127, was drilled 215 metres to the south.Drill hig...Read More

In a new research note entitled, Making a Comeback, Haywood Securities' Pierre Vaillancourt has adjusted his price outlook for copper and nickel "to reflect the improving economic conditions," although the mining analyst cautions that he remains "wary of the extent of the recovery."Vaillancourt has raised its outlook for copper this year to US$2.60 per lb. from his previous US$2.45 per lb. (US$2.5...Read More

This week's episode features an interview with Agnico Eagle Mines vice chair and chief executive officer Sean Boyd at the Canadian Mining Symposium, held on Zoom on June 16, 2020. Northern Miner group publisher Anthony Vaccaro asked Boyd how the company dealt with the coronavirus, his rating of the mining industry on ESG, and the importance of jurisdiction when choosing mine sites.All this and mor...Read More

Caldas Gold (TSXV: CGC) has announced a US$110 million streaming transaction with Wheaton Precious Metals (TSX: WPM; NYSE: WPM) to expand operations at the Marmato project in Colombia.The proceeds will be used to fund the expansion of Caldas' mining operations in the Deeps Zone, located in the Department of Caldas, the company said.Under the agreement, Wheaton will purchase 6.5% of the gold produc...Read More

Hudbay Minerals (TSX: HBM; NYSE: HBM) has filed its initial brief with the U.S. Court of Appeals regarding the decision made by the U.S. District Court for the District of Arizona almost a year ago that halted the construction of its Rosemont copper project.In July 2019, the District Court revoked the U.S. Forest Service's issuance of the final record of decision for Rosemont, which is expected to...Read More

Gold prices continued to rally on June 22, heading toward the highest since February 2012, after massive inflows into gold-backed exchange-traded funds (ETFs) in the United States.Gold for delivery in August, the most active contract on the Comex market in New York, touched a high of US$1,779 per oz., the highest since February 2012.The World Gold Council reported that June 19 saw a massive 27.3 t...Read More

Rupert Resources on a Roll at IkkariSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesThe Vancouver-based company reported drill results received from March through early June that were focused on priority target areas within...Read More

Way back in 1994, my brother asked for, and got one, of the lamest birthday presents I have ever seen.He was a freshman in high school, and he had two fancy new Microsoft share certificates (remember them?)I'm not entirely sure I even knew what stocks really were at the time.What I did know was that I missed out when he would open up the newspaper stock listings (remember them?) and proudly announ...Read More

Hilong Holding, a provider of oil-field services and equipment, said it wouldn't be able to repay holders of a maturing dollar bond-the latest offshore default by a Chinese borrower.Read full newsRead More

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

BEIRUT, LEBANON (6:15 P.M.) - The Tripoli-based Government of National Accord (GNA) announced its rejection of Egyptian President Abdel Fattah El-Sisi'sRead full newsRead More

Vale said on Friday its subsidiary Vale Canada (VCL) and Sumitomo Metal Mining had signed definitive agreements to sell 14.9% and 5.1% respectively in PT Vale Indonesia to Inalum.Read More

About 21,000 tonnes of diesel leaked into rivers and subsoil near the city of Norilsk on May 29 after a fuel tank at one of the company's thermal power plants apparently subsided. The spill was one of the worst to occur in the Russian Arctic.Russia's minister of emergency control, Evgeny Zinichev, said a total of 32,000 cubic metres of water-fuel mixture had been collected and placed in tanks, whi...Read More

Steve Coughlan, Bernie Ridgeway and Kent Swick have built global mining service and technology businesses on the back of decades-long connections with the WA gold sector.Read More

The miner and commodities trader said on Friday it had been informed of the OAG's action.Read More

(IDEX Online) - A diamond courier has allegedly disappeared from the Bharat Diamond Bourse, in Mumbai, India, with stones destined to be cut and polished in Surat.The so-called "angadia" is rumored to have become involved in a failed property deal as coronavirus hit trade, according to India's Economic Times.Angadias have become the cheapest and most trusted means of ferrying valuable consign...Read More

(IDEX Online) - Trade shows that were twice postponed in Hong Kong because of COVID-19 have now been canceled altogether.The Hong Kong International Jewellery and Diamond Show (pictured) and its sister event, the Gem & Pearl Show, will not now take place this year.Organizers had tried repeatedly to keep the events alive, moving them from March to May and then to August.But the final blow came...Read More

(IDEX Online) - Colin Shah is to step up as chairman of India's Gem and Jewellery Export Promotion Council (GJEPC).He will steer the industry body through what he's described as "acute uncertainties due to the ongoing COVID 19 crisis in India and world over".GJEPC, established by the government in 1966 to promote overseas sales, now represents 7,000 exporters in the sector. Mr Shah...Read More