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

The Investor Mining & Tailings Safety Initiative has requested that over 600 resource companies, including major miners, reveal the safety records of their waste storage facilities, following the collapse of Vale's Brumadinho dam in Brazil in January, which killed hundreds.Following the disaster, a group of 96 institutional investors (representing more than $10.3 trillion assets under managemen...Read More

The Investor Mining & Tailings Safety Initiative has requested that over 600 resource companies, including major miners, reveal the safety records of their waste storage facilities, following the collapse of Vale's Brumadinho dam in Brazil in January, which killed hundreds.Following the disaster, a group of 96 institutional investors (representing more than $10.3 trillion assets under managemen...Read More

Researchers from the University of British Columbia published the first scientific study of cobalt-blue spinel in Canada, a mineral that produces fine gemstones that range from red and pink to violet and blue.Spinel in dolomitic marble. Soper River spinel occurrence, Kimmirut area. Photo by Philippe BelleyPhilippe Belley, a recent PhD graduate of the department of earth, ocean and atmospheric scie...Read More

Researchers from the University of British Columbia published the first scientific study of cobalt-blue spinel in Canada, a mineral that produces fine gemstones that range from red and pink to violet and blue.Spinel in dolomitic marble. Soper River spinel occurrence, Kimmirut area. Photo by Philippe BelleyPhilippe Belley, a recent PhD graduate of the department of earth, ocean and atmospheric scie...Read More

During her opening address at the 6th Forum of the Africa-Belgium Business Week, Marie-Chantal Kaninda, executive director of the World Diamond Council, told global leaders that expanding the scope of the Kimberley Process to include issues related to human rights and labor relations will help create conditions in which Sub-Saharan Africa's artisanal diamond miners can meet their economic potentia...Read More

During her opening address at the 6th Forum of the Africa-Belgium Business Week, Marie-Chantal Kaninda, executive director of the World Diamond Council, told global leaders that expanding the scope of the Kimberley Process to include issues related to human rights and labor relations will help create conditions in which Sub-Saharan Africa's artisanal diamond miners can meet their economic potentia...Read More

Gold price is driven by US bond yields, Fed interest rate expectations, and the US dollar - not supply and demand.Read full newsRead More

Japan's Mitsui & Co. will invest $30 million in Sigma Lithium Resources' (TSX-V: SGMA) project in Brazil, as demand for the metal used in the batteries that power electric vehicles is set to continue growing, keeping the market tight.The funds, together with a $40 million debt offering Mitsui granted Sigma, will allow the Canadian miner to begin building a processing plant at its Grota do Cirilo a...Read More

NYSE:AGI) ("Alamos" or the "Company") is pleased to announce that its Mulatos mine produced its two millionth ounce of gold in March 2019.At the current gold price, this represents a savings of approximately $65 per ounce, which has already been incorporated into previously disclosed guidance.ThisRead full newsRead More

Gold price is driven by US bond yields, Fed interest rate expectations, and the US dollar - not supply and demand.Read full newsRead More

Investing.com - Gold prices edged up on Thursday in Asia as a weaker-than-expected U.S. payroll data outweighed optimism surrounding U.S.-China trade.Gold Futures traded on the Comex division of the New York Mercantile Exchange edged up 0.1% to $1,297.05 an ounce by 12:35 AM ET (04:35 GMT).Data on Wednesday showed private payrolls in the U.S. increased by just 129,000 in March, well below the expe...Read More

Most refined cobalt used in the electric vehicle market is produced in Asia, but First Cobalt (TSXV: FCC; US-OTC FTSSF) intends to start refining the metal into battery-grade cobalt sulphate at its refinery in Ontario, after positive test results at SGS's lab in Lakefield that replicated the refinery's circuits and flowsheet.The product, refined in a single batch in the lab, assayed 20.8% cobalt,...Read More

Ncondezi will put around US$1.5 million into the sector through a joint venture, funded with $2.48 million placing and subscription in London.The company said the JV with GridX was complementary to its eponymous coal project."The company … believes the move into the [commercial and industrial] solar and battery storage sector represents a significant opportunity for the company to complemen...Read More

Diamond drilling on GGX Gold's Gold Drop property near Greenwood, southern British Columbia. Source: GGX Gold Corp.Ximen Mining Corp. [XIM-TSXV; XXMMF-OTCQB; 1XM-FSE] said Friday April 5 that it has picked up additional mineral claims near Greenwood, southeast British Columbia.The company said it has acquired over 12,900 hectares of land that surrounds the Gold Drop property which Ximen has option...Read More

The Brucejack Project is northwest British Columbia. Source: Pretium Resources Inc.Pretium Resources Inc. [PVG-TSX, NYSE] has released an updated reserves and mine plan for its Brucejack gold mine in the Golden Triangle region of northwestern British Columbia.It outlines an expansion to higher throughput of 2,800 tonnes per day from 2,700 tonnes, in a move that will reduce the projected mine life...Read More

First Vanadium president and CEO Paul Cowley at the Carlin vanadium project in Nevada. Credit: First Vanadium.First Vanadium Corp. [FVAN-TSXV; FVANF-OTCQX; 1PY-FSE] has released impressive metallurgical test results for nine variability composite samples from its high-grade Carlin Vanadium deposit near Elko, Nevada.The company said preliminary test results are consistently showing high vanadium ex...Read More

Eastern promise for PolarXSPONSOREDpolarxThis was the primary finding of research commissioned by the International Copper Association (ICA) and carried out by DMM Advisory Group.Read More

If you're reading this there's a good chance you're either wearing glasses, contact lenses or some combination. According to the Vision Council of America, approximately 75% of adults use some sort of vision correction. About 64% of them wear eyeglasses, and about 11% wear contact lenses, either exclusively, or with glasses. Over half of all women and about 42% of men wear glasses.I bring this top...Read More

The Montana Department of Environmental Quality has released the draft environmental impact statement (EIS) for Sandfire Resources America's (TSXV: SR; US-OTC: SRAFF) wholly owned underground Black Butte copper project in central Montana, 27 km north of the city of White Sulphur Springs.The draft is undergoing a public comment period that will end May 10, 2019. After, the draft will undergo a revi...Read More

SRG's share price (ASX: SRG) climbed more than 28% this week to A36c, capitalising the company at more than A$158 million (US$112 million). The agreement extends the terms of Evolution's drill and blast operations at the Cowal, Mount Rawdon and Mt Carlton operations - three of the five mines Evolution runs across Queensland, New South Wales and Western Australia The agreement is for...Read More