The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
About 200 people recently took part in the International Collegiate Mining Competition, held in Virginia City, Nevada.Bryn Llewellyn, from Camborne School of Mines at the University of Exeter, hand steeling. Photo by Max Willcock.For the 41st year in a row, the three-day event gathered students from mining schools from around the world who formed 18 teams in the men's category and eight teams in t...Read More
Barrick Gold's (TSX:ABX) (NYSE:GOLD) executive chairman, John Thornton, said Wednesday he was encouraged by the Democratic Republic of Congo's (DRC) newly elected president Felix Tshisekedi's vision of attracting foreign investment and supporting the development of the country's mining industry.The Canadian miner, which operates the country's Kibali mine, one of the world's ten largest gold mines,...Read More
Eight men suffocated in an unauthorised gold mine in Peru after a tunnel they dug began spewing noxious fumes, local media reported. Rough cut - no reporter narration.Read full newsRead More
ISIS has claimed it kidnapped and killed a Canadian geologist in Burkina Faso three months ago, according to the latest issue of the propaganda newsletter Al-Naba, circulated last week.Halifax, Nova Scotia-based Kirk Woodman, vice-president of exploration for private gold explorer Progress Minerals, was found dead on Jan. 16 in rural Burkina Faso, after having been abducted a day earlier.Propagan...Read More
ISIS has claimed it kidnapped and killed a Canadian geologist in Burkina Faso three months ago, according to the latest issue of the propaganda newsletter Al-Naba, circulated last week.Halifax, Nova Scotia-based Kirk Woodman, vice-president of exploration for private gold explorer Progress Minerals, was found dead on Jan. 16 in rural Burkina Faso, after having been abducted a day earlier.Propagan...Read More
Eight men suffocated in an unauthorized gold mine in Peru after a tunnel they du...Read full newsRead More
Eight men suffocated in an unauthorised gold mine in Peru after a tunnel they dug began spewing noxious fumes, local media reported. Rough cut - no reporter narration.Read full newsRead More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce that it has completed integration of its Venzee Mesh API content distribution platform with one of its five previously announced Product Information Management (PIM) channel partners and has commenced onboarding manufacturers and distributors of the channel partner.This well-established P...Read More
[Editor’s note: This story was previously published in May 2018. It has since been updated and republished.]Do you think penny stocks are best left to amateur traders who don’t understand that cheap stocks are cheap for a reason? It’s not an entirely unfair assessment. Many of these young (and doomed) companies are the beneficiaries of great sales pitches, but their investors oft...Read More
By Barani KrishnanInvesting.com - The good news for gold bugs is there's always some news on economic uncertainty out there to keep the yellow metal from collapsing.The bad news is there hasn't been enough news of economic uncertainty lately to push prices back above the key $1,300 level.Bullion and futures of gold rose on Tuesday as latest U.S. data renewed worries about growth in the world's lar...Read More
Investing.com - Gold prices slipped on Tuesday in Asia after data suggested China's manufacturing sector was recovering from a sharp slowdown earlier in the year.Gold futures traded on the Comex division of the New York Mercantile Exchange were down 0.3% to $1,290.65 by 12:45 AM ET (04:45 GMT).China's Caixin/Markit manufacturing purchasing managers' index (PMI), released on Monday, rose to 50.8 fr...Read More
Since exploration began in August 2017 at its Soledad copper-gold-silver project in Peru, Chakana Copper (TSXV: PERU; US-OTC: CHKKF) has drilled four of 17 confirmed breccia pipes, pinpointed another 12 targets, and tripled its land position in the district to 31 square kilometres.The company drilled 25,200 metres in 94 holes in its first round of exploration at the project, 260 km northwest of Li...Read More
He decided his best recourse would be to wind down its activities and return the funds under management to its investors.Read More
However RBC analyst Tyler Broda noted Vale's ability to draw down on stockpiles and tipped the Brazil-based miner would ship more tonnes into the seaborne market this year than in 2018, also pointing to the iron ore price easing. The benchmark 62% fines iron ore price is returning towards a record high due to recently-announced supply constraints, rising above US$90/t again yesterday to $90.1...Read More
Kirk WoodmanThe Islamic State in Iraq and Syria (ISIS) claims to have kidnapped and killed Canadian geologist Kirk Woodman while he was working in Burkina Faso, West Africa, according to published reports.Woodman's body was found on January 16, 2019, two days after his abduction by a dozen gunmen at a mining site operated by privately owned Vancouver company Progress Minerals.A report by Reuters n...Read More
The First Cobalt Refinery near the town of Cobalt, northeastern Ontario. Source: First Cobalt Corp.First Cobalt Corp. [FCC-TSXV; FTSSF-OTCQB; FCC-ASX) shares rallied sharply Wednesday April 3 after the company said it has successfully produced a battery grade cobalt suflate.The company said it achieved this result by using the First Cobalt Refinery flowsheet, a milestone that brings the company cl...Read More
Alamos Gold's 100%-owned Mulatos gold mine located 220 km east of Hermosillo, Sonora State, Mexico. Source: Alamos Gold Inc.Alamos Gold Inc. [AGI-TSX, NYSE] said Wednesday April 3 that its Mulatos Mine in Mexico produced its two millionth ounce of gold in March 2019. This milestone marks the end of the 5% net smelter royalty, representing a saving of approximately $65 per ounce at the current gold...Read More
FTC staff sent eight letters to jewelry marketers warning them that some of their online advertisements of jewelry made with simulated or laboratory-created diamonds may deceive consumers, in violation of the FTC Act. The letters note that in July 2018, the FTC issued updated Guides for the Jewelry, Precious Metals, and Pewter Industries that provide marketers with information on how to make non-d...Read More
GIA announced changes to its laboratory-grown diamond grading report to align the report with recent revisions to the U.S. Federal Trade Commission (FTC) Jewelry Guides. Effective July 1, 2019, GIA will discontinue its [twelve-year old] GIA Synthetic Diamond Grading ReportTM and introduce the GIA Laboratory-Grown Diamond ReportTM. The GIA Laboratory-Grown Diamond Report will: include the standa...Read More
WASHINGTON/LONDON – The US Federal Trade Commission, which investigates allegations of deceptive advertising, said on Tuesday that it has sent warning letters to eight companies to insist that they distinguish in advertisements between diamonds that come from mines and those made in laboratories.The FTC said that it had found instances where the eight companies advertised diamond jewelry &q...Read More