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

SINGAPORE - London nickel prices were set for their fourth straight session of gains on Friday, as inventories fell near a seven-year low ahead of an exports ban from top supplier Indonesia.T...Read full newsRead More

Stellar result for PolarXSPONSOREDpolarxSun Metals said Thursday the latest six holes drilled on the 421 zone extended the known plunge length to more than 160m, which remains open to the north and south. The drill results continued to show the continuity of the system and the prevalent skarn alteration that surrounds the copper-gold mineralisation indicated drilling was on the correct trajectory...Read More

Liberum's bearishness is underpinned by its view that Chinese demand - though hardly robust at present - is set to slide over the coming year.Read More

Bye's appointment as an independent non-executive director will be confirmed at Swick's upcoming annual general meeting on November 8.Bye has more than 20 years of operational and executive experience focusing on innovation and integration of the mining value chain, including 10 years with Anglo American in underground and openpit operational roles. He has a PhD in mining engineering and is a fell...Read More

ASX-listed Newfield Resources has completed the blasting of the boxcut for the portal access to the underground declines at its Tongo diamond mine, in Sierra Leone."Work is now focussed on providing the necessary support of the boxcut and shaping of the haul road to attain the right angle of entry into the decline.Advertisement"With the recent signing of the lease agreement for the minin...Read More

The government of Lesotho has renewed the mining lease for LSE-listed Gem Diamonds' Lets?OEeng mine for ten years.This followed a statutory negotiation process between Gem and the Lesotho Mining Board.Advertisement"Gem Diamonds is proud of our long-standing partnership with the government and the people of Lesotho. The mining lease renewal will allow the Lets?OEeng mine to conti...Read More

Lawyers and activists have warned about the rising modern global slave trade, saying that millions of modern slavery victims are exploited in global supply chains.They are enslaved across the spectrum, from farming, domestic work and construction to clothing factories, mines, the beauty industry and the cleaning industry, says Australia-based legal expert Frazer Hunt.  AdvertisementHe told th...Read More

RANDJESFONTEIN (miningweekly.com) – The Environment Ministry is the most important ministry in the government, former mining luminary Nicky Oppenheimer said at this week’s tenth Oppenheimer Research Conference.“Environment is at the forefront of everybody’s mind, and we in South Africa are unbelievably blessed with the environment in which we find ourselves. The beaches, th...Read More

Wet-processing equipment companyCDE South Africa is targeting iron-ore and gold mining operations with low-grade ore and tailings dumps, as it believes this is where potential for growth lies in South Africa. “In the iron-ore space, we have had a lot of success in beneficiating low-grade waste stores. We are introducing the benefits of wet processing to the mining sector in South Africa as t...Read More

The Northern Miner presents the top-10, silver-focused companies by market capitalization. 1. FresnilloMarket cap: $8 billionA portal at MAG Silver and Fresnillo's Juanicipo silver project in central Mexico. Credit: MAG Silver.With 61.8 million oz. silver production in 2018, Mexico City-headquartered Fresnillo (LSE: FRES) says it's the world's largest silver producer. Across Mexico, the company op...Read More

Rhodium is an irreplaceable material for complying with carbon emission standards in gasoline-powered vehicles, which consume almost all of its annual production. But while global auto sales declined in late 2018 and the first eight months of this year, rhodium spot prices soared to nearly double their 10-year high.Manufacturing of carbon-emitting vehicles consumes 80% of rhodium production each y...Read More

Platinum Group Metals (TSX: PTM) tabled its definitive feasibility study (DFS) for the Waterberg platinum group metals (PGM) project in South Africa's Bushveld Complex outlining a boost in palladium, platinum, gold and rhodium (4E) reserves, as well as enhanced economics using recent spot metal prices. The DFS envisions annual production of 420,000 combined oz. 4E over a 45-year mine life, plus ni...Read More

Conaie has blocked roads across the country in protest at what the group describes as the "neoliberal policies of [president] Lenin Moreno", in particular his support of the mining sector which itRead More

Aim-listed Firestone Diamonds' share price on the LSE fell by nearly 28% on Friday after it announced that power supply issues had disrupted production at its 75%-owned Liqhobong diamond mine, in Lesotho.The mine receives its electricity from the Muela hydropower station (MHS), which is owned by the Lesotho Electricity Company (LEC). The power station is located at the Katse dam, which is part...Read More

Someone once said "trade wars are good and easy to win."Well, they aren't going so well for America these days.Concurrent trade wars with China and Europe have had a devastating impact on U.S. farming and manufacturing - with little to show in return.The effects have been felt most acutely in America's heartland.Prior to the trade war, China consumed roughly a third of all the soybeans grown in th...Read More

The stock market has a supply and demand problem, with corporate share sales surging to a 4 1/2-year high at the same time corporate buying has dropped.Read full newsRead More

Oversupply of lithium hydroxide to start easing next year, but spodumene miners won't catch a break soon, says Australia's chief economist.Read full newsRead More

The focus turned to more potential rate cuts after a weak ISM services index readingU.S. stocks notched modest gains today after suffering heavy losses through the first two sessions of the week. The Dow finished 122 points higher, as rising expectations for another Fed rate cut helped to boost investor sentiment following this morning's decline in the ISM services index. Meanwhile, the S&P 500 al...Read More

Investors will receive the September PPI and CPI readingsThere a few notable events on the upcoming slate for economic data, including Tuesday's producer price index (PPI) update and the release of the Fed meeting minutes from September. But the main focus will likely be the trade talks between the U.S. and China. The two countries are finally scheduled to meet in Washington, D.C., on Thursday, li...Read More

African countries are considering the benefits of legalizing cannabis to boost their economies. Image - PexelsAfrica's legal cannabis industry could be worth more than $7.1 billion annually by 2023 if legislation is introduced in someRead full newsRead More