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

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 resourcesNew York and Toronto listed Yamana Gold has an interest in five mines operating in Canada, Brazil, Chile and Argentina.Read More

Under revised terms, Osisko has immediately advanced US$2.5 million of the remaining deposit for the metals stream, with a further $7.5 million to follow over the next 12-18 months based on achieving milestones.In exchange for the accelerated payment schedule, Osisko has reduced the total deposit payable from $40 million to $35 million.The stream percentage will remain 18.5% of gold output capped...Read More

The complex, which produces about 10% of Vale's iron ore, was suspended on June 5 over concerns regarding a COVID-19 outbreak and 188 workers testing positive.Read More

PwC says sector volatility became more pronounced by the end of 2019, with coal and copper, key exports of Canada's westernmost province, falling 10% and 8%, respectively. Gold gained 10% on averaged over the previous year.In the near term COVID-19 is expected to continue to dampen the outlook for price recovery.PwC estimated BC mining capital expenditure was $1.5 billion in 2019, compared with $1...Read More

Earlier this week, the Federal Reserve loaded a new round of fodder into its money cannon, blasting $250 billion into the private sector to buy up corporate debt.Just throw that onto the $3 trillion the Fed had already conjured up since February.Indeed, on February 26, the size of the Federal Reserve's balance sheet was $4.16 trillion. But as of June 10, it had soared to $7.17 trillion, meaning $3...Read More

It's finally happened: this turbulent market has claimed an actual life.A 20-year-old college student committed suicide after racking up a massive debt using the trendy stock-trading app Robinhood. If you aren't familiar, Robinhood makes it incredibly easy and fun to invest on your phone. It even pops confetti when you make trades.It's like a video game, but with actual money.Alexander E. Kearns t...Read More

No one knows what America is going to look like a year from now. Between the pandemic, the ongoing social unrest, the coming election, and the never-ending game of geopolitics, there's no telling what the climate in this country will be in 365 days. And while all of those aspects play important roles, it's perhaps the pandemic that will have the longest-lasting effect on life in the United State...Read More

The Federal Reserve is not looking to raise interest rates from its zero-bound target for the next two years and according to Peter Grosskopf, CEO of Sprott ...Read full newsRead More

Arctic watchers fear 150,000 barrels of diesel oil from a ruptured fuel tank at a Russian nickel mine will spill into the Arctic Ocean, as cleanup efforts falter.Read full newsRead More

Greatland Gold could be a fantastic bargain at current levels if the company's able to live up to its full potential, based on current estimates. The post Is Greatland Gold the bargain you need to buy today? appeared first on The Motley Fool UK.Read full newsRead More

"Despite the recent correction, the S&P 500 has recouped most of its losses since the start of the crisis; the FTSE emerging market index and Africa index are substantially improved; the BovespaRead More

This week's episode features the opening of this year's Canadian Mining Symposium held on Zoom from June 16-18, 2020. Northern Miner group publisher Anthony Vaccaro gives opening remarks to the event followed by TMX Group's head of business development, Dean McPherson, who discusses the inner workings of listing on the Toronto Stock Exchange and the TSX Venture Exchange.All this and more with onli...Read More

The company's maiden drilling at the Ban Chang prospect hit 5.2m at 0.66% nickel and 0.73% copper (plus 0.79 grams per tonne PGE) from 58m, including 1m at 3% nickel and 1.2% copper.Read More

The number of cases has risen to 998 and deaths increased to two, according to the latest figures from the Minerals Council South Africa, which were last updated on June 15.It said almost 260,700 miners had been screened, 10,890 had been tested, there were 614 active cases and 382 recovered.The council said there were 521 results pending.On Friday, there had been one death and 879 positive cases.T...Read More

Share this articleTORONTO - Iamgold Corp. [TSX-IMG, NYSE-IAG] says it has suspended operations at its Rosebel Gold Mine in the South American country of Suriname after seven people were diagnosed with COVID-19, sparking a showdown with its union.The Canadian mining company says it proceeded with getting medical care and putting the individuals in quarantine while disinfecting their living quarte...Read More

(IDEX Online) - The Jewelers Vigilance Committee has released a free guide to help those in the US trade navigate their way through complex new rules on the manufacture, sale and advertising of jewelry.Understanding the FTC Guidelines is is an expert-level, all-in-one resource that explains July 2018 revisions tof the Federal Trade Commission jewelry guides and other important laws and regulations...Read More

(IDEX Online) - Troubled Dominion Diamond Mines is suing DDMI, the majority joint venture partner at Canada's Diavik mine, alleging breach of contract.In a notice of a civil claim lodged at the Supreme Court of British Columbia yesterday, it claims DDMI, a subsidiary of the global mining giant, had failed to act in the best interests of the partnership.Dominion, the world's third largest...Read More

Amazon is selling copies of Meghan Markle's diamond engagement ring at the rock-bottom price of just $25.The real thing features a cushion-cut diamond sourced by Prince Harry from Botswana, with two smaller stones that belonged to his late mother, Princess Diana, set in yellow gold band by royal jewelers Cleave and Company.The copy is made of gold-plated silver, with a 3.5-carat full cushion...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 resourcesLamont joined CSL from MMG in late 2015. Before that, he was CFO of OZ Minerals, PaperlinX and Incitec Pivot.Between 2001 and 2006, Lamont w...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesIt said yesterday the Minnesota Supreme Court had granted review of a Court of Appeals' March 23 ruling regarding an air permit, which had been sent back to state regulators for further evaluation.Read More