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

James Hyerczyk19 hours ago (Mar 26, 2019 6:00 AM GMT)Gold futures finished higher last week, supported by a steep drop in Treasury yields, a weaker U.S. Dollar and a drop in demand for higher risk assets. A dovish Fed was primarily responsible for the strength in gold. It fueled a rally when it decided to leave interest rates unchanged, pause further rate hikes in 2019 and slash its growth forecas...Read More

Already-strong palladium prices soared to new heights in March, with spot palladium prices topping US$1,600 for the first time on March 20, and hitting an all-time record high of US$1,604 per oz. the next day before pulling back hard to US$1,532 per oz. at press time on March 26.The peak above US$1,600 capped a remarkable seven-month run for palladium, which bottomed briefly at US$842 per oz. in A...Read More

Thor Mining PLC (LON:THR) has acquired two gold and uranium focused companies in Australia in a move to expand its operations portfolio in the country.The exploration firm, which already has a portfolio of assets in tungsten, molybdenum, copper, and other metals, said it had acquired Pilbara Goldfields Pty Limited (PGL) and Hamersley Metals Pty Limited (HML), which together hold interests in two g...Read More

Avocet has sold the Inata gold mine in Burkina Faso, but still owns part of the Tri-K gold project in Guinea, in which Managem has a 70% stake. The company owes Elliott US$29.9 million, through a loan due since 2013. The mercurial US fund led by Paul Singer is also the company's largest shareholder. Avocet's shares were suspended for two months last year when it missed the deadline...Read More

Largo's Maracas Menchen Mine in Bahia State, Barzil. Source: Largo Resources Ltd.Largo Resources Ltd. [LGO-TSX; LGORF-OTCQX] shares rallied Wednesday March 27 after the company said record production at its Brazilian vanadium mine enabled it to generate a profit of $316 million or 61 cents a share in 2018.Largo CEO Mark Smith said the company is now looking at ways to return capital to its share...Read More

Rubicon's Phoenix Gold Project in the Red Lake mining camp of northwestern Ontario. Source: Rubicon Minerals Corp.Rubicon Minerals Corp. [RMX-TSX; RBYCF-OTC] on Wednesday March 27 released an updated mineral resource update for its flagship Phoenix gold project near Red Lake, northwest Ontario.The company said measured and indicated resources at the site are up 110% to 589,000 ounces in comparison...Read More

Pouring a gold bar at the Cariboo Gold Project, east-central British Columbia. Source: Barkerville Gold Mines Ltd.Barkerville Gold Mines Ltd. [BGM-TSXV; BGMZF-OTC; IWUB-FSE] said Wednesday March 27 that it is raising $20 million from a bought deal private placement to fund exploration and development at its flagship Cariboo Project in British Columbia.The company said an underwriting syndicate led...Read More

It’s been about 3 years since I said, “Screw this shit, no mas” to the corporate workplace. Yup, there’s been plenty of ups and downs from that point up to now, but all things considered, I can say quite confidently to you all now: I’ve got absolutely zero regrets. Sure, I wish I had a “do over” button a lot of the times; along the journey of Li...Read More

Virtual Diamond Boutique (VDB), a sourcing and trading app for the jewelry industry, has added lab-grown diamonds (LGDS) to its product categories. The LGD products will be segregated from mined diamonds, but will offer all the visual and technical search, buy, hold, and memo features of the VDB platform. "This may be viewed as a controversial move by some in the jewelry industry," said Tanya Nisg...Read More

Laurelton Diamonds Belgium BVBA will be holding the viewings of its next tender of rough and sawn diamonds at the Antwerp Diamond Tender Facility, Belgiumi in April. Laurelton, a subsidiary of Tiffany & Co, is a rough diamond manufacturing and trading company with operations across the globe. The company procures rough diamonds and manages the worldwide supply chain that cuts, polishes and sup...Read More

Prices of small polished diamonds, also called melees, are expected to drop further in the next three, to four months as diamond manufacturers in Surat are selling off their inventories at discounts of 30 to even 40 percent to pay of loans they have taken with their local banks, The Times of India reports. The newspaper said that banks have given their diamond manufacturing clients until the end o...Read More

Berenberg, Germany's oldest owner-managed private bank,  has downgraded the ratings of several junior miners, among the Gem Diamonds, and reduced its target prices for others such as Petra Diamonds and Firestone Diamonds PLC and has published "a cautious note on the gemstone sector," Proactiveinvestors of the UK reported on its website.  "The German bank cut its stance on Gem to 'hold'...Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsMining Journal caught up with CEO Sam Spring and chairman Cameron McRae in London to hear about the company's plans for the year and how they find working in Mongolia.Read More

Any simpleton can recognize an unfolding calamity…The two trains about to collide, the twister racing for the schoolhouse, the betrayed lover with a finger on the trigger.But you require a wider vision to perceive the chains of disaster coming together... link by fateful link…When a conductor gets his signals crossed, when the winds take a fatal shift, when someone takes the first bite...Read More

Americans seek health care in other countries for numerous reasons. Some are immigrants who prefer providers from a similar culture. Others might want a procedure that is not available in the U.S. However, the biggest factor motivating them is cost. In the U.S. we have the most expensive health care system in the world. It's not difficult to find countries that offer procedures at 30%-65% of the c...Read More

I’ve got a confession to make: I’m a terrible landlord.No, I don’t own a run-down apartment complex where people have to deal with poor living conditions. Quite the opposite in fact!When we outgrew our old home when our fourth child was born, I kept the house intending to make some extra income by renting it out. I thought it would be easy money!Boy was I in for a surprise...As I...Read More

This mini-podcast features Franco-Nevada chairman Pierre Lassonde speaking at the Canadian Mining Hall of Fame 2019 induction ceremony in Toronto, telling the story of a chance meeting he had with Barrick Gold geologist Brian Meikle that forever changed Pierre's life and Franco Nevada's fortunes.During the Hall of Fame ceremony, the late Brian Meikle was one of five inductees for his major gold di...Read More

Troubadour Resources (TSXV: TR; US-OTC: TROUF) is midway through a due diligence program on its 13-sq.-km Privateer gold property near the town of Zeballos, on Vancouver Island's northwest coast. In March 2019, the company signed a Letter of Intent to acquire the property, and says its initial review indicates the potential to expand known veins around past-producing mines on the property."What's...Read More

LONDON – For more than 15 years, the diamond industry has been telling the world about a looming shortage of gems. Instead, demand has been stubbornly underwhelming, and the miners have done a wonderful job of digging more and more stones.But the pain may soon be over for an industry that’s being squeezed by oversupply. In two separate reports this week, analysts set out forecasts of...Read More

Gold has been asleep at the wheel for seven or eight years.Even its most ardent supporters are questioning their allegiance. I've talked to brokers who've gotten out of the space entirely. The cannabis commissions are easier, more plentiful, and the stocks have actually been going up.There's really been no reason for anyone to pay attention to gold after it did its thing post-2008. Free money from...Read More