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

Dear Rich Lifer,Black Friday is the single biggest shopping day of the year and with more people than ever shopping online, security can be a major concern for shoppers.It wasn’t too long ago that we experienced the largest security breach in the history of the Internet.In October 2017, Yahoo! confirmed that 3 billion of its user accounts were hacked.Names, email addresses, telephone numbers...Read More

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While some companies are scratching their heads about what to make of the brutal treatment cannabis stocks have felt this year, The Yield Growth Corp. (CSE: BOSS)(OTCQB: BOSQF) seems undaunted, expanding its cannabis business while rapidly emerging as a leading public company in the mushroom space. Click here to receive an investor deck and corporate ...Read full newsRead More

By Richard Andrews.After centuries of different roles, cannabis is poised to take on a new and important purpose in Africa.The cannabis plant was probably introduced by early...Read full newsRead More

BRIEF-Evolution Mining Says Co To Acquire Red Lake Gold Complex:BRIEF-Evolution Mining Says Co To Acquire Red Lake Gold Complex In CanadaRead full newsRead More

Christopher Lewis9 hours ago (Nov 27, 2019 4:18 PM GMT)Gold markets initially fell during the trading session on Wednesday, reaching down towards the $1450 level. This is an area that has offered support recently, and the trading session on Wednesday was no different. We ended up forming a somewhat bullish looking candle, and it should be noted that we are about halfway between the 50 day EMA and...Read More

Market indices in Australia, Toronto and the US all achieved new highs.US third quarter GDP was revised upwards while signs of a slowdown in China were seen as a possible push towards reaching a trade deal.However US futures and Asian markets were mixed today as concerns over trade tensions reignited after US president Donald Trump signed a bill supporting Hong Kong protestors, Bloomberg reported....Read More

Speaking during the Guangzhou International Jewellery and Diamond conference, Zimnisky said the market glut was on track to correct as long as global demand for diamonds did not significantlyRead More

For its outlay, NRW will acquire a business that's forecast to generate revenue of about $850 million in the current financial year and earnings (EBITDA) of about $100 million.To fund the deal NRW is undertaking a $120 million raising via a fully underwritten placement pricing new shares at between $2.65 and $2.85 each - with a bookbuild to decide final pricing.As well as adding BGC Contracting's...Read More

The decision by a three-person panel was the final word in the contested case challenge to the mining permit that started in April 2018.The Menominee Indian Tribe of Wisconsin appealed the court's initial decision, but the EGLE panel voted unanimously in support of the prior ruling, determining that "the proposed mining operation will not pollute, impair, or destroy the air, water, and other natur...Read More

(IDEX Online) - Lucapa Diamond Company has confirmed that it has been holding advanced discussions with the Angolan Ministry of Mineral Resources and Petroleum and Angola's national diamond company Endiama E.P. to secure a majority stake in the Project Lulo joint venture.Lucapa holds a 39-percent interest in the Angolan project and is the operator of the kimberlite exploration joint venture....Read More

(IDEX Online) - If you think the holidays are moving earlier each year, you're not wrong. A survey by the National Retail Federation and Prosper Insights & Analytics reveals that over half of consumers have already started their holiday shopping and nearly a quarter of purchases have already been made. The survey, which took place during the first week of November, found 56 percent o...Read More

(IDEX Online) - Diamond explorer Botswana Diamonds (BOD) and VAST Resources plc (Vast) have agreed the terms of a new agreement for their proposed joint venture in the Chiadzwa / Marange area of Zimbabwe. In October 2018, BOD and Vast concluded an agreement to development Vast's Heritage concessions in the Marange Diamond Fields (the Heritage Concession Agreement). They also agreed a sep...Read More

Semi-industrial and artisanal diamond mining cooperatives in Angola will lose their mining licences if they remain inactive for more than six months, Geology and Mines State Secretary Jânio Correia Victor warned recently. He was speaking in Luanda at the First Meeting on Semi-Industrial Diamond Operations in Angola. “The withdrawal of licences is the solution, if they do not heed the d...Read More

(IDEX Online) - Diamcor Mining Inc. sold 6,055.28 carats of rough diamonds in its second third-quarter sale and tender. The tender generated total gross proceeds of $693,401, resulting in an average price of $114.51 per carat.  The company said that the continuing lower than historical average dollar per carat in its tenders results from a higher percentage of smaller, lower quality roug...Read More

JOHANNESBURG (miningweekly.com) – Although strides have been made in reducing mine fatalities, occupational diseases and industry disasters, there is still work to be done in the mining industry’s quest for zero harm, speakers at the Anglo American Tripartite Health and Safety Initiative, said on Thursday.With the industry continuing its pursuit of zero harm, and having to contend with...Read More

HARARE – State-owned Zimbabwe Consolidated Diamond Co plans gem auctions outside the country, including in Asian cities, to widen marketing options amid a market glut that’s steadily made polished stones cheaper.The company must explore and penetrate the international market to boost sales volumes and plans 11 international tenders in 2020, according to acting CEO Rob de Pretto.Adverti...Read More

ASX-listed Lucapa Diamonds has confirmed that it is in talks to potentially secure a majority stake in the Project Lulo joint venture (JV), which holds the primary kimberlite exploration licence for the 3 000 km2 Lulo diamond concession, in Angola.Discussions are currently under way with the Angolan Ministry of Mineral Resources and Petroleum and Angola’s national diamond company Endiam...Read More

Dual-listed diamond explorer Botswana Diamonds and Aim-listed Vast Resources have signed a new agreement in respect of their proposed joint venture (JV) in the Chiadzwa Marange area, in Zimbabwe.When the detailed agreement between Vast’s Katanga Mining subsidiary and Zimbabwe Consolidated Diamond Company becomes effective, Botswana Diamonds will be issued with new shares representing 2.5% of...Read More

Galena provides a leading lightSPONSOREDgalena miningCEO Philip Pascall said the company was looking for strategic partners which could include teaming up with Rio to develop projects in Peru, reported Reuters and the Financial Times.Read More