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

(IDEX Online) - Petra Diamonds has appointed Peter Hill CBE as its new non-executive director and chairman-designate with effect from 1 January 2020. Hill replaces Petra founder and current chairman  Adonis Pouroulis who is stepping down on March 31, 2020. Hill, a mining engineer, is non-executive chairman at Keller Group plc, one of the world's largest geotechnical contractors, and...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesWithin a matter of days, the South American country completed its transformation from mining sector pariah to host to world class producing assets in the world's two most sought after metals,Read More

Galena provides a leading lightSPONSOREDgalena miningThe company will undertake a bought deal with BMO Capital Markets of 6.4 million units priced at $1.06 for proceeds of $6.Read More

Galena provides a leading lightSPONSOREDgalena miningIts new management team has taken up their roles, led by CEO Mark Davis who last month became the company's third CEO appointed by majority owner Glencore this year. The company confirmed all required accounting systems upgrades were now "fully or substantially implemented" - as per its US$22.2 million settlement with the Ontario Securities...Read More

Galena provides a leading lightSPONSOREDgalena mining"I am delighted that Pumpkin Hollow has commenced concentrate production, making it the first new copper producer in the US in over a decade," CEO Matt Gili said.He described it as "a remarkable achievement" to have reached this point on schedule, given the construction decision was made only 16 months ago.Galena provides a leading lightSPONSORE...Read More

The prettiest plums dangle tantalizingly before us…Universal Medicare, a Green New Deal, tuitionless college, guaranteed employment at a minimum $15 per — all are within grasp.Cowardly Democrats need only summon their courage… and seize them.This we learn from progressive Marshall Auerback, scribbling piously in The Nation.From "Why Democrats Need To Stop Worrying And Love The De...Read More

When Jose Vizquerra was considering working full-time on exploration projects in Canada with Osisko Mining (TSX: OSK), the first thing he needed to know was whether he had the blessing of his grandfather, Alberto Benavides de la Quintana.Benavides founded Buenaventura (NYSE: BVN) in the early 1950s and built it into the largest mining company in Peru and one of the biggest in South America."When I...Read More

Rory JohnstonCommodity Economist, ScotiabankThis week's episode features the return of Scotiabank's Rory Johnston, who speaks with The Northern Miner's Trish Saywell about his outlook for 2020. Topics include commodity prices, the Canada-U.S. Dollar relationship, electric vehicles (EVs) and battery metals, and the Canadian economy. Johnston is a commodity economist covering energy and metal market...Read More

Northern Star Resources (ASX: NST) announced on Dec. 16 that it has agreed to buy Newmont Goldcorp's (TSX: NGT; NYSE: NEM) 50% stake in Western Australia's Kalgoorlie Super Pit mine and its associated assets for US$800 million ($1 billion). Once completed, the iconic mine would have full Australian ownership for the first time in its operating life.Earlier this year, Northern Star was the rumoured...Read More

Pueblo Viejo entered into a 10-year supply agreement with AES Andrés DR, SA, in May 2018, to provide natural gas and build a gas pipeline from the AES gas terminal to the Quisqueya I power plant for the mine. This was also expected to benefit the San Pedro region which had not previously had access to this cleaner fuel alternative, the company said.Barrick CEO Mark Bristow said it and 40% p...Read More

Global industrial company Metso is set to deliver high-performance crushing and material handling equipment to global diamond miner De Beers Group’s Venetia mine, in Limpopo.The Venetia mine is reported to produce an output of about four-million carats, making it one of South Africa’s mineral resource flagships.AdvertisementMetso will deliver two primary jaw crushers and a number of fe...Read More

London-listed Petra Diamonds on Tuesday announced the appointment of mining engineer Peter Hill as nonexecutive director and chairperson to succeed founder and chairperson Adonis Pouroulis on March 31.Hill, currently chairperson of the world’s largest geotechnical contractor Keller Group and of building products company Volution, will be chairperson designate from January 1.AdvertisementHe b...Read More

The year is wrapping up and the markets are about to get really boring in the next couple weeks.But as sleepy as the markets are now, they are going to be firing up at full speed as soon as they open on January 2, 2020. 2019 performance for traders is over. Everyone is starting at 0% yet again. I know, no one is trying to add work and stress this time of year. I'm frazzled and trying to limp over...Read More

Global political weather is such that financial markets will not sleep during Christmas and New Year weeks. Do not sleep in the next three weeks on your short term investment. Still anything can happen. If you are on a vacation or plan to go on a vacation for the next three weeks, then close very short term open positions in any future and options and ETF. If you are holding physical gold, any p...Read More

Global political weather is such that financial markets will not sleep during Christmas and New Year weeks. Do not sleep in the next three weeks on your short term investment. Still anything can happen. If you are on a vacation or plan to go on a vacation for the next three weeks, then close very short term open positions in any future and options and ETF. If you are holding physical gold, any p...Read More

Great Bear Resources reported results from its 200,000 metre drill program at its 100% owned Dixie project in the Red Lake district of Ontario.Read full newsRead More

Impressive economic data out of China may have given markets a boost, too The Dow added over 100 points today, clocking a four-day win streak as investors excitedly eyed new trade developments following last week's phase one trade deal between the U.S. and China. Strong economic data out of China last night may have also sparked some buying action, especially in the tech sector, and helped the sto...Read More

Silver Spruce Resources Inc. (TSXV:SSE, Frankfurt:S6Q1) announces a non-brokered flow-through unit and a non-flow-through unit financing.Read full newsRead More

APPS shares could soon add to their more than 300% year-to-date gainApp delivery expert Digital Turbine Inc (NASDAQ:APPS) has been a steady winner in 2019, pacing to close the year with a gain of more than 300%. The shares hit a decade-plus high of $9.13 on Nov. 29, and pulled back from there. A quick look at the chart for APPS would suggest this could be a prime entry point for bulls, and the dat...Read More

Newrange Gold Corp. is pleased to announce that it has commenced an Induced Polarization geophysical survey on its Pamlico Project in Nevada.Read full newsRead More