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

Vale (BZ: VALE3) said earlier a court ruling meant it could fully restart its Brucutu operations, which would return 30 million tonnes of production annually, however it did not lift its revised sales guidance due to heavy rains in March and April impacting production elsewhere. Vale closed 3.45% higher in Brazil but Australian iron ore miner Fortescue Metals Group (ASX: FMG) was down 6.7% at...Read More

The pair petitioned the US Department of Commerce under Section 232 of the Trade Expansion Act of 1962 in January 2018, seeking a 25% quota in America's nuclear market for domestic production and a "buy American" policy for US government entities that use uranium. They said the DOC had submitted its report to the White House on April 14 and president Donald Trump had 90 days from then to act...Read More

Prospecting on the Alder Zone at the Wilding Lake gold project in central Newfoundland. Source: Altius Minerals Corp.Altius Minerals Corp. [ALS-TSX; ATUSF-OTCQX] said Wednesday April 17 that it expects to have record attributable royalty revenue of $21.5 million (50 cents a share) for the quarter ended March 31, 2019. That marks an increase of 36% increase from the comparable quarter in 2018, and...Read More

Larry Reaugh, President & CEO of American ManganeseAmerican Manganese Inc. [AMY-TSXV, AMYZF-OTCPINK] on Wednesday April 17 unveiled a company innovation for recycling cathode materials from spent lithium-ion batteries.It is called RecycLico Patented Process."As pioneers in the advanced lithium-ion battery recycling market, American Manganese and its RecycLiCo Patented Process aim to promote a...Read More

"We have gold because we cannot trust governments," President Herbert Hoover famously stated in 1933 to Franklin D. Roosevelt. (CBC News)[1] Anyone who seriously claims to trust the government is either a fool carrying an empty bag or a politician.This was the same year that Roosevelt enacted the Emergency Banking Act followed one month later by the Executive Order 6102. Suddenly everyone who ha...Read More

The Fifth Mediterranean Gemmological & Jewellery Conference will take place in Limasol, Cyprus, May 17 to 19, 2019. As usual, the conference is organized by Branko Deljanin of CGL-GRS (Canada) and George Spyromilios of IGL (Greece). The first four MGJ Conferences were held in Greece (2015), Spain (2016), Italy (2017) and Montenegro (2018). In the five years since it was held first the MGJ Con...Read More

Richard "Dick" Greenwood, a well-known, highly respected and treasured member of New York's colored gemstone business community, died on April 13, surrounded by his wife and children. A memorial service will be held on Thursday, April 19th at noon, at the Riverside Memorial Chapel in Mount Vernon, NY. In a tribute, Greenwood's longtime friend and business associate, Doug Parker, wrote t...Read More

Botswana-based Okavango Diamond Company (ODC) on Wednesday unveiled “the biggest blue diamond discovery ever made” in Botswana – an oval-shaped blue diamond weighing in at over 20 ct.The Gemological Institute of America has graded the stone as an oval brilliant cut of 20.46 ct, with a fancy deep blue colour and at VVS2 clarity.AdvertisementThe diamond was discovered at Botswana&r...Read More

Eastern promise for PolarXSPONSOREDpolarxHudbay said the private equity firm's move was a ploy to stop it from soliciting proxies as a proxy contest between the two parties heats up.Waterton, Hudbay's second largest shareholder at 12.1%, last year gradually stepped up its dissent, urging the miner to replace its chief executive and nominating its own slate of five directors to the board.Eastern pr...Read More

Here's one of my favorite Washington paradoxes...On one hand, politicians say they want to help Americans save more for retirement.On the other, they look for every possible way to punish people who actually succeed in the endeavor. For proof of this look no further than a new bill that recently passed through the House Ways and Means Committee with unanimous support. It's called the SECURE Act an...Read More

Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixSucking my recent Australian trip for all it is worth, I recall while t...Read More

JOHANNESBURG (miningweekly.com) – Black investors have self-funded the purchase of shares at a premium price in the fast-tracked redevelopment of the Prieska zinc and copper mine in the Northern Cape, which has a three-year payback and a minimum mine life of ten years.The $8-million equity capital raising by Orion Minerals, completed at a 29% premium to the company’s last closing pric...Read More

However the miner has not changed its revised sales guidance, despite the restart set to bring 30 million tonnes per year of production back online, saying its Northern System had been impacted by bad weather.Vale had declared force majeure over a number of iron ore and pellets sales contracts after Brucutu was suspended in February, in the fallout from the fatal Brumadinho tailings dam failure in...Read More

I've been telling you since January there is a major shortage of cannabidiol (CBD).The mainstream is now saying the same thing two months later.The Canadian Broadcasting Corporation recently ran an article with the title: "CBD oil shortage continues as marijuana producers scramble to meet demand."It told the story of Mona Scott, a Nova Scotian who was one of the first in line at a marijuana store...Read More

Acacia has reported a 13 percent decrease in its gold production during Q1 2019 due to issues at its North Mara and Buzwagi mines.Read full newsRead More

Gold and silver are still not out of the bear shadow. If they fall today, then they will crash. India is closed tomorrow. In India this is the biggest holiday week of the year. If Indian gold prices fall, then jewelers will have the best sale of the current year. A hopefully good jewelry sale will result higher Indian gold demand next week. Day traders need to remain on the sidelines today. Tr...Read More

Gold and silver are still not out of the bear shadow. If they fall today, then they will crash. India is closed tomorrow. In India this is the biggest holiday week of the year. If Indian gold prices fall, then jewelers will have the best sale of the current year. A hopefully good jewelry sale will result higher Indian gold demand next week. Day traders need to remain on the sidelines today. Tr...Read More

Zinc is coming under sustained attack from bearish funds.Read full newsRead More

Zinc is coming under sustained attack from bearish funds.Read full newsRead More

A bearish reversal from UNH kept a lid on the Dow's gains, thoughStocks finished the day higher, with the Dow seeing a late push from a Reuters report that said the Federal Aviation Administration's review board deemed Boeing's (BA) software fix for its 737 Max aircraft to be "operationally suitable" -- news that sent BA stock up 1.7%. A bearish reversal for UnitedHealth Group (UNH) kept a lid on...Read More