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

JOHANNESBURG (miningweekly.com) – Diversified mining company Anglo American is going to remarkable lengths to support South Africa through the devastating Covid-19 crisis.The London- and Johannesburg-listed company, headed by Australian Mark Cutifani, is showing far-reaching corporate humanitarianism by taking firm steps to support employees, host communities, contractors, suppliers, hospita...Read More

(IDEX Online) - A US jeweler who was shot in one of several robberies at his store has died of coronavirus-related complications.Randy Flatau, 70, had run Randy's Fine Jewelers, in Beaumont, south-east Texas, selling jewelry and watches for several decades.He hadn't traveled recently, but reportedly had underlying health issues.Relatives told the local KFDM TV channel he was a great man...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesAustralia-based junior IronRidge Resources takes big picture approach in AfricaSPONSOREDironridge resources Editor's Note: Mining Journal is making some of its most important coverage o...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesEditor's Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to Mining Journal, click here.The Tweet said that despite the company implementing a strict epidemiological boundary a worker died d...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesAustralia-based junior IronRidge Resources takes big picture approach in AfricaSPONSOREDironridge resources Most analysts acknowledge that the flood of government stimulus spending will...Read More

The COVID-19 pandemic continues to negatively impact commodity markets, with prices for metals such as copper, zinc, lead, aluminium and many others falling rapidly since the shuttering of mines and disruption to supply chains around the world. One metal, however, is defiantly bucking the trend.The spot price for uranium oxide in the past few weeks has risen by 14% to over US$27 per lb., ending a...Read More

Growing moves by governments and organizations to set a price on carbon emissions have set up a prospective niche market in battery metals exploration and development. Lithium, cobalt, graphite and vanadium are directly applicable to energy storage, while nickel and copper are seeing growing demand as inputs for electric vehicle manufacturers. Below, we provide an overview of eight companies with...Read More

Panama's Ministry of Health confirmed that one person has died at the Cobre Panam?? operation due to complications caused by COVID-19.On Sunday, the government agency posted a tweet saying that following the identification of the first case of COVID-19 at the site on March 24, and despite efforts to stabilize the patient and isolate others suspected of carrying the infection, a worker died over th...Read More

Atalaya Mining (LSE: ATYM) has restarted its Riotinto copper mine in Spain after local authorities in Andaluc?-a determined that mining operations supplying other essential industries should remain open.The Cyprus-headquartered company had closed the mine on March 30 in response to the Spanish government's royal decree, which ordered the suspension of non-essential business operations, including m...Read More

LSE-listed Gem Diamonds’ second round of the flexible tender sales process has been concluded and raised a further $6.7-million for a selection of  large, high-quality diamonds recovered at its Letšeng mine, in Lesotho.The company achieved an average value of $1 615 /ct for the first quarter of 2020.AdvertisementThe flexible tender sales process was put in place as a result of th...Read More

The economic fallout from COVID-19 is mounting sharply. Last week, unemployment claims in the United States hit a record 6.6 million, up from 3.3 million the previous week, and the U.S. Labor Department released its worst jobs report in 11 years. In the month of March, 701,000 people lost their jobs, sending the country's unemployment rate to 4.4%, up from 3.5% in February, which the Wall Street J...Read More

The $100-$200 daily moves in the gold price are here and appear to be here for good. Interest in gold miners is surging upward.The combination of unlimited legal counterfeiting by central banks around the globe, mixed with refiners shutting down at a time of high demand is creating dislocations in the gold space that may prove incredibly consequential.Spreads between bid/ask in the spot market are...Read More

Alamos Gold Inc. (TSX:AGI; NYSE:AGI) ("Alamos" or the "Company") today announced that it will be suspending operations at its Mulatos mine until April 30, 2020 and extending the suspension of operations at Island Gold for an additional two-week period.The temporary suspension of operations at MulatosRead full newsRead More

The IDEX Polished Diamond Price Index slid 1.6% in March as coronavirus effectively brought trading to a standstill. The previous month had seen an overall drop of 1.27%, also impacted by Covid-19.  During the first half of March there was a steady decline, followed by some fluctuations which saw prices bottom on the 25th, followed by a slight rally.IDEX Online members please click here for t...Read More

(IDEX Online) - The American Gem Society (AGS) is to hold its first virtual Conclave after coronavirus forced the cancelation of the actual event in Denver, Colorado.It will feature up to eight hours of online education over two days, April 27-28, plus a social event -  a video dance party.  The virtual Conclave will be free to AGS members.The annual education, social and networking even...Read More

(IDEX Online) - The CEO of Russian mining giant Alrosa has sold half his stake in the company and donated the proceeds to fighting coronavirus. The sale of Sergey Ivanov's shares raised RUB18.5m ($240,000) and will help counter the spread of Covid-19 in the Siberian town of Mirny. Most of the town's 35,000 residents work for Alrosa, the state-owned mining company which is the world'...Read More

(IDEX Online) - The sister of former De Beers diamond boss Nicky Oppenheimer has matched his billion-rand ($52m) donation to South Africa's coronavirus battle.Mary Oppenheimer's money will help the Solidarity Fund diagnose, treat and support those with Covid-19.In a joint statement with her daughters, she said: "We join all South Africans in expressing our profound hope that, together, w...Read More

(IDEX Online) -  A British jeweler died in hospital 12 days after he was diagnosed with coronavirus. Tributes have been paid to father-of-two Kelly Dunning, 48, who ran a family-owned jewelry store in Kings Langley, Hertfordshire, 20 miles from London. He suffered no underlying health issues and had boxing sessions twice a week with his personal trainer.He was rushed to hospital by...Read More

Precious metals are thriving on the current economic upheaval.Read full newsRead More

Precious metals are thriving on the current economic upheaval.Read full newsRead More