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

Amplats declared force majeure on Friday after an explosion at the plant on February 10, and the threat of another explosion at its replacement.Read More

Share this articleVANCOUVER - Teck Resources Ltd. is doubling down on its greenhouse gas emissions targets, announcing it will aim to reduce carbon intensity in its operations by 33 per cent over the next 10 years.The Vancouver-based mining firm says the goal is in addition to its commitment made in early February to be carbon neutral across all its operations and activities by 2050.The news c...Read More

(IDEX Online) - Gem Diamonds announced a sharp fall in profits for 2019 as it recovered fewer carats and sold them at lower prices.???,?AE'Profit from continuing operations were $15.0m, down dramatically from $52.4m the previous year.Revenue and underlying earnings at its Letseng mine, in Lesotho, were also down.Average value per carat sold was $1,637, compared with $2,131 in 2018.Key financial re...Read More

(IDEX Online) - BRITS spend an average of $1,876 on an engagement ring, a new survey reveals.That's a fraction of the estimated the $44,000 that prime minister Boris Johnson is said to have spent on a three-carat squarish emerald, surrounded by two carats of diamonds for fiancee Carrie Symonds.Half of the Brits quizzed in a poll for loans firm Hitachi Personal Finance said they'd be happ...Read More

(IDEX Online) - The Bangkok Gems & Jewelry Fair went ahead despite coronavirus fears, although visitor numbers were down sharply from 14,000 last February to under 10,000.It was the only gems and jewelry trade show to take place in Asia so far this year, following a number of high-profile cancellations including the Hong Kong's International Diamond, Gem & Pearl Show and International...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe company previously said the third resource for the discovery was due by the end of 2019, but has been quiet surrounding its progress. Overnight, SolGold said the update was due within four weeks.Read More

Teck Resources (TSX: TECK.B; NYSE: TECK) announced a target to reduce carbon intensity by 33% by 2030 as part of its new sustainability strategy and goals.This builds on a previously announced commitment to be carbon neutral across all operations and activities by 2050, Teck said.The move comes just weeks after Teck walked away from plans to build the $20.6 billion (US$15.7 billion) Frontier oil s...Read More

Earlier this month, The Northern Miner's sister publication MINING.COM released its EV Battery Metals Index, which includes the first value measurement of metals used in batteries for the nascent electric vehicle industry. The full report is presented here.It is worth remembering that the first all-electric vehicle to use a lithium-ion battery - the Tesla roadster - only rolled off assembly lines...Read More

A pre-feasibility study (PFS) released by Foran Mining (TSXV: FOM) for its wholly owned McIlvenna Bay project in Saskatchewan envisions a 3,600 t/d underground mine with on-site processing and tailings storage and the shipping of copper and zinc concentrates to offsite smelters. With a 9-year mine life, average annual production of 89.2 million lb. zinc and 27.9 million lb. copper, and $261 millio...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 resourcesMICROMINE STRENGTHENS DATA MANAGEMENT SOLUTION WITH Geobank 2020SPONSOREDmicromineCharts of equity price indices show precipitous declines over the past three weeks. In contrast, indust...Read More

Public Health Sudbury & Districts medical officer Dr Penny Sutcliffe confirmed an attendee to the conference, which saw about 23,000 people gathered under the same roof, had tested virus-positive upon returning home."I am confirming that based on our investigations so far, the individual was not infectious while attending the PDAC 2020 conference March 2 and 3 in Toronto," said Sutcliffe."Our...Read More

"You're going to jail or you're going to die."These were the options facing John Dawson Jr. in 2012. He was a marijuana dealer, swamped in debt and wondering what to do with his life. He was down and out.In what seems like divine providence, he met a businessman in Iowa who told him those very words. But then the businessman gave him a third option..."Let's start you a business."John went with doo...Read More

It is just fear of recession and fear that a long term investing opportunity will be lost that is deciding investment strategy. Traders and find managers are booking profit in every investment (other than stocks) to invest for the long term in stocks. Most believe that stock markets are great long term investing opportunity. Every investment has crashed due to corona virus. Gold, silver, crude o...Read More

It is just fear of recession and fear that a long term investing opportunity will be lost that is deciding investment strategy. Traders and find managers are booking profit in every investment (other than stocks) to invest for the long term in stocks. Most believe that stock markets are great long term investing opportunity. Every investment has crashed due to corona virus. Gold, silver, crude o...Read More

Here we review one of the top-performing ASX large-cap shares over the past 12 months: Northern Star Resources Ltd (ASX:NST). The post Why this ASX 200 gold miner has been a top performer over the past year appeared first on Motley Fool Australia.Read full newsRead More

Germany's growing robo-advisory market could be seen as a bellwether for how the country's banking market will evolve, according to a new research paper by Deutsche Bank.Read full newsRead More

Oil prices remained under pressure as wellIt was another bloodbath on Wall Street today. The Dow, S&P 500, and Nasdaq all fell by 4.5% or more, with the blue-chip index closing in bear market territory. The latter two indexes briefly dipped into bear market territory, but ultimately did not close there. The global economy continues to struggle in the face of the spreading coronavirus outbreak, esp...Read More

The 80-day moving average has meant more downside for SFM in the past Grocery store concern Sprouts Farmers Market Inc (NASDAQ:SFM) has endured a choppy journey lower in the past 12 months, evidenced by its 26.2% year-over-year deficit and early February record low of $14.51. While the shares have since bounced from this region, the rally was short-lived, with SFM consolidating back below the $17....Read More

JPMorgan Reaped $100 Million as China Squeezed Niche Nickel MarketRead full newsRead More

The Dow has completely erased yesterday's rebound Stocks have completely erased yesterday's rebound by midday, with the Dow Jones Industrial Average (DJI) off over 1,100 points amid concerns over the White House's vague fiscal response to the coronavirus-related blow the economy has taken in recent weeks. The S&P 500 (SPX) and Nasdaq-100 Index (IXIC) are also deep in the red at the halfway poin...Read More