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

Downbeat trade reports are overshadowing strong tech earningsDow Jones Industrial Average (DJI) futures are trading below fair value this morning, as traders react to a Bloomberg report suggesting the Chinese government is unsure about the chances of a long-term trade deal with the U.S. This news is overshadowing strong quarterly reports from the tech sector, where Apple (AAPL) and Facebook (FB) a...Read More

Exponential expansion of global mining is the dirty little secret and glaring blind spot of Green New Deal evangelists and zero-carbon climate warriorsRead full newsRead More

The dominos have started to fall. Read full newsRead More

Key global market indices closed higher but futures were mixed today.Gold major Newmont Goldcorp (NYSE: NEM) closed up 0.5% in New York.The gold price has edged back up towards US$1,500 an ounce and was worth $1,498/oz on the spot market earlier.In terms of other commodities, nickel closed 0.3% lower on the London Metal Exchange as uncertainty lingers over the situation in Indonesia.Reuters has re...Read More

Stay Autonomous tweeted the community march to Rio Tinto was in solidarity with people in Latin America impacted by environmentally destructive practices.Another protest group said it was marching down Collins Street, the centre of mining corporations today and historically, and headed to BHP and OceanaGold "to let them know what we think of their corporate violence here and around the world".Bloc...Read More

(IDEX Online) - The World Jewellery Confederation (CIBJO) has produced a special Pearl Commission report ahead of its annual congress in Bahrain next month. This is the eighth in a series of reports prepared for the congress.The report, prepared by the CIBJO Pearl Commission, headed by Kenneth Scarratt, looks at the growing impact of environmental and conservationist factors on the pearl sector. T...Read More

(IDEX Online) - De Beers Group Industry Services today announced it will provide proprietary diamond detection technology to CIRCA. The company is a global buyer of pre-owned fine diamond jewelry and watches.De Beers Group Industry Services will roll-out the detection equipment across CIRCA's global offices, to provide CIRCA's buyers assurance that the diamonds in the jewelry and watches...Read More

(IDEX Online) - Delgatto DIamond Finance Fund (DDFF) has announced it can now offer full commercial bank services through its partnership with The MFO AG, Plaffikon Zurich. This will include cash and investment accounts, the ability to send and receive wire transfers and card services. "Through the Delgatto Diamond Finance Fund we have begun to address the lack of capital available to th...Read More

(IDEX Online) - Petra Diamonds Limited has announced the launch of an Artisanal Small Scale Mining (ASM) initiative in the Free State town of Koffiefontein in South Africa. The miner said it believes there is a space for artisanal miners to co-exist with formalized mining because ASM can often profitably recover diamonds from resources that would be unprofitable for a larger operator because...Read More

Mining Weekly editor Martin Creamer unpacks green worker transport in Chile, the Asia Pacific Economic Cooperation and De Beers’ interest in Cobalt. Advertisement To watch Creamer Media's latest video reports, click here AdvertisementRead More

Golden Mile goes back to the futureSPONSOREDgolden mile resourcesWork on the 120,000 tonnes per year project stopped in August after the government suspended the licence to evaluate objections from residents and regional authorities. Locals oppose the project as they fear it will negatively impact crops and water supplies in the region."This ruling not only gives viability to the execution of a pr...Read More

Dear Rich Lifer,Sales, in-store financing, and even frequent customer discount programs are nothing new. Since the first proprietor hung the first shingle on the first store, there have been sellers looking for ways to entice people to purchase more from them.What is new, is the host of savings and cash-back apps available on your laptop or smartphone.With just a few clicks or taps, you can get th...Read More

Work on the 120,000 tonnes per year project stopped in August after the government suspended the licence to evaluate objections from residents and regional authorities. Locals oppose the project as they fear it will negatively impact crops and water supplies in the region."This ruling not only gives viability to the execution of a project that will have a positive impact for the development of Isl...Read More

London-listed Petra Diamonds on Thursday launched its Artisanal Small-scale Mining (ASM) initiative in the Free State.The launch follows a process of consultation and cooperating with relevant stakeholders, including the Department of Mineral Resources and Energy, the Letsemeng local municipality, and the community of Koffiefontein itself.AdvertisementDuring the project, the aim was to create a fr...Read More

Foran Mining (TSXV: FOM) is on track to complete a feasibility study before year-end on its flagship McIlvenna Bay volcanogenic massive sulphide (VMS) deposit in Saskatchewan.The deposit - situated on the western edge of the Flin Flon greenstone belt, 65 km west of Flin Flon, Man. - has been traced to a depth of 2 km and features zinc and copper mineralization, along with silver, gold and lead.The...Read More

Left-wing darling Alexandria Ocasio-Cortez's proposed Green New Deal, despite its flimsy 14 pages, is nothing if not all-encompassing and vaulting in its ambition. The bill was also crucial to Ocasio-Cortez's rapid ascent to acronym status, and anointing as the queen of green.Thanks to her How Dare You tour, 16-year old Greta Thunberg is now the undisputed leader of the growing ranks of school-bun...Read More

Great Bear Resources Ltd. reported new results from its 90,000 metre drill program at its 100% owned Dixie project in the Red Lake district of Ontario.Read full newsRead More

Stocks waffled as Wall Street monitored the FOMC's latest decision The Dow traded on both sides of the breakeven today, before eventually settling in positive territory, with all eyes on the Federal Open Market Committee's (FOMC) monetary policy decision. The central bank lowered its benchmark funds rate by 25 basis points as anticipated,and Fed Chair Jerome Powell said that inflation would need t...Read More

Thursday's analysis featured the price target for the junior miners, and we used GDXJ as a proxy for the sector. That's not the only proxy out there though and looking at a different one - Toronto Stock Exchange Venture Index - provides us with an enormously important confirmation.Read full newsRead More

The broader stock market is struggling for direction after the Fed decisionThe broader stock market is mixed after the Fed cut its key interest rate, as expected, but struck a hawkish tone in its forward-looking statement. Among individual names making notable moves are central nervous system specialist Seneca Biopharma, Inc. -- formerly Neuralstem, Inc. (NASDAQ:CUR) -- sporting goods retailer Big...Read More