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

Share this articleTORONTO - Barrick Gold Corp. raised its dividend as it reported a fourth-quarter profit of nearly US$1.39 billion.The gold miner, which keeps its books in U.S. dollars, says it will now pay a quarterly dividend of seven cents per share, up from a nickel per share.The increased payment to shareholders came as Barrick earned 78 cents per share in the quarter ended Dec. 31 compar...Read More

PERTH (miningweekly.com) – Diamond miner Lucapa has generated a further A$8.2-million from the run-of-mine diamond sales from its Lulo and Mothae mines.The ASX-listed company told shareholders that a total of 1 548 ct of diamonds from the Lulo operation, in Angola, was sold for gross proceeds of A$5-million, representing an average price of A$3 251/ct.AdvertisementA further 6 306 ct of Motha...Read More

BriteCo, an innovative appraisal and insurance technology company, announced that IDEX, the leading online diamond-trading platform for professional diamond traders, has become BriteCo's preferred source for diamond pricing.  Free to qualified jewelers, BriteCo's appraisal software provides retail jewelers with intuitive, self-guided screens to enter key information, include ph...Read More

(IDEX Online) - Chow Tai Fook Jewellery has closed over 40 points of sale in Hong Kong and Macau because of the ongoing threat of the coronavirus. The company is also taking steps to reduce operating hours at its remaining stores, with shops closing at 7 p.m.According to the Nikkei Asian Review the retailer is not planning on laying off any staff. Instead, the company will "arrange for front-line...Read More

(IDEX Online) - The Responsible Jewelry Council (RJC) has announced it will unveil its latest retailer initiatives and resources at The Plumb Club pavilion during the 2020 JCK show. The not-for-profit organization will have a booth where it will meet with companies about RJC certification, integrating sustainability into their operations - and building trust and confidence with consumers.&nbs...Read More

(IDEX Online) - Lucapa Diamond Company Limited's first sales of diamonds from the  Lulo alluvial mine in Angola and the Mothae kimberlite mine in Lesotho 2020 have realized A$8.2 million ($5.5 million). A total of 1,548 carats of diamonds recovered from Lulo sold for A$5 million ($3.4 million). This meant an average price per carat of A$3,251 ($2,200).The company sold 6,306 carats o...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesCEO of subsidiary, Pebble Limited Partnership, CEO Tom Collier said he had scrutinised the leaked US Army Corps of Engineers document, confirming the near final report was positive, demonstrated itRead More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesSouth32 exercised its option to acquire a 50% interest in December 2019. Trilogy contributed all its UKMP assets—some 172,675 hectares—to the JV while South32 contributed US$145 million.Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesUnder the agreement, Kennecott can accelerate the earn-in and has the right to elect to form a joint venture after completing either the first, second or third option.Emgold is acquiring 100% of New York Canyon from junior Searchlight Resources by paying a further C$300,000 over 18 months under a deal agreed in mid-2019.  ...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe miner is undertaking technical review of the mine, which had operated at reduced capacity in recent years, owing to constrained weather-related water availability.Read More

Pretium Resources (TSX: PVG) expects to produce between 325,000 oz. and 365,000 oz. gold per year in the Valley of the Kings zone, in contrast with the 525,000 oz. long-term output rate suggested in a technical report released in 2019. Last year's gold production of 354,405 oz. from the Brucejack mine in B.C. at all-in sustaining costs (AISCs) of US$888 per oz. is in line with earlier forecasts.Pr...Read More

Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is taking a 9.9% stake in Rupert Resources (TSXV: RUP) and the junior's flagship Pahtavaara gold project, located 50 km away from Agnico's Kittila mine in Finland.Rupert Resources owns 100% of the permitted Pahtavaara gold mine and mill on a 300 sq. km. land package in northern Finland's Central Lapland Greenstone Belt.Pahtavaara is located about 20 km from...Read More

AngloGold Ashanti (NYSE: AU) is selling its assets in South Africa to Harmony Gold (NASDAQ: HMY) in a deal worth about US$300 million.Harmony Gold has nine underground operations in the country's Witswatersrand basin and an open-pit mine on the Kraaipan Greenstone belt.AngloGold said it decided to sell its remaining producing assets and related liabilities to Harmony Gold after a nine month sales...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 resourcesCase study: platform financeSPONSOREDminexiaIt was 2008, I think, when the term ‘Black Swan' came into common usage by virtue of the book of same name by Nassim Taleb from the pre...Read More

Diamond miner De Beers Group has identified five focus areas that will be advanced across the group’s businesses to further improve safety.The actions were agreed on at the group’s biannual safety summit last week, which brought together CEOs from across the group to deeply engage on Pioneering Safely into a Brilliant Future and sign a pledge to work together to advance safety across t...Read More

Imagine waking up, surrounded by doctors clad in space suits and respirators.Every time you breathe out it's a hazard, and everything you touch must be sterilized or destroyed.That's the reality of this coronavirus (COVID-19) outbreak.China's 2020 New Year's celebrations were called off. Tens of thousands of flights were cancelled, office buildings and schools were locked, and billions of dollars...Read More

Anyone researching Lincoln Gold Mining Inc. (CVE:LMG) might want to consider the historical volatility of the share...Read full newsRead More

Unless the real impact of the corona virus is known, gold will range trade while industrial metals will rise. Volatility will rise from today. Trade very carefully. US economic data releases will have to beat street expectation this week for gold price to move into a short term bearish phase. In February gold prices have been falling on Singapore open. This suggest lack of physical demand in Asi...Read More

Unless the real impact of the corona virus is known, gold will range trade while industrial metals will rise. Volatility will rise from today. Trade very carefully. US economic data releases will have to beat street expectation this week for gold price to move into a short term bearish phase. In February gold prices have been falling on Singapore open. This suggest lack of physical demand in Asi...Read More

Monterey Minerals Inc. is pleased to announce that it has signed a non-binding Letter of Intent with Greater Arc Resources Limited.Read full newsRead More