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

Energy and resources open innovation platform Unearthed joined forces with Adelaide-based OZ Minerals to launch the Explorer Challenge, a competition that brings together data scientists, geoscientists and mining professionals to create machine learning-based mining solutions.Competitors who achieve the goal of predicting the next big mineral deposit in South Australia using real geoscientific dat...Read More

Energy and resources open innovation platform Unearthed joined forces with Adelaide-based OZ Minerals to launch the Explorer Challenge, a competition that brings together data scientists, geoscientists and mining professionals to create machine learning-based mining solutions.Competitors who achieve the goal of predicting the next big mineral deposit in South Australia using real geoscientific dat...Read More

Researchers at Australia's Curtin University announced that they are working on a project to develop a new fingerprinting tool capable of delving deeper into the Earth's rock layers.In a press release, the scientists said the mechanism promises to be crucial for the country's mining and petroleum sectors because it will enhance their understanding of the Earth's sedimentary rocks.Northern Star Res...Read More

Researchers at Australia's Curtin University announced that they are working on a project to develop a new fingerprinting tool capable of delving deeper into the Earth's rock layers.In a press release, the scientists said the mechanism promises to be crucial for the country's mining and petroleum sectors because it will enhance their understanding of the Earth's sedimentary rocks.Northern Star Res...Read More

South Africa's Petra Diamonds (LON:PDL) is keeping founder Adonis Pouroulis as chairman, despite some shareholders voting against his renewal at the 2018 annual general meeting.The company, which last month appointed former gold miner Richard Duffy as chief executive effective in April, said the appointment of a new chair was "not appropriate" at this time.Petra said the board and nomination comm...Read More

South Africa's Petra Diamonds (LON:PDL) is keeping founder Adonis Pouroulis as chairman, despite some shareholders voting against his renewal at the 2018 annual general meeting.The company, which last month appointed former gold miner Richard Duffy as chief executive effective in April, said the appointment of a new chair was "not appropriate" at this time.Petra said the board and nomination comm...Read More

Cigarette stocks have been among the best option plays latelyThe Cboe Volatility Index (VIX) is down nearly 50% from the beginning of the year. It's the biggest year-to-date drop at this point in the year in the history of the "fear index" (data back to 1990). In other words, volatility expectations are way down since the beginning of 2019. This is good news for options traders, because it means o...Read More

Australian copper junior Aeris Resources (ASX: AIS) revealed on Wednesday that it had offered miner and commodities trader Glencore (LON: GLEN) $575 million for its CSA copper operation.Aeris said negotiations to buy the mine were at a late stage, adding that the offer consisted of $525 million in cash, $50 million in the company's shares and a royalty payable to Glencore.Aeris Resources' outsized...Read More

Australian copper junior Aeris Resources (ASX: AIS) revealed on Wednesday that it had offered miner and commodities trader Glencore (LON: GLEN) $575 million for its CSA copper operation.Aeris said negotiations to buy the mine were at a late stage, adding that the offer consisted of $525 million in cash, $50 million in the company's shares and a royalty payable to Glencore.Aeris Resources' outsized...Read More

Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce the Company is opening a permanent location in Tsawwassen Mills following the successful course of Peekaboo Beans' trial pop-up shops across the country. The store is now open in the updated location within the mall, which is conveniently located in the busy 'kid zone'. Th...Read More

Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More

The Young Mining Professionals (YMP) - a non-profit group with chapters in Vancouver, Toronto, Montreal, Sudbury, Perth, Brisbane, Johannesburg and London - held its third annual YMP Awards gala in Toronto in early March, with Mining Professional of the Year awards for 2018 handed out to Andr?(C)e St-Germain, chief financial officer of Integra Resources and Jos?(C) Vizquerra, executive vice-presid...Read More

Under a C$2.5 million (US$1.9 million) subscription agreement announced yesterday, Kinross will acquire 12.5 million shares in Wolfden at C20c each. Wolfden released an indicated 2.Read More

The uranium-rich Athabasca Basin of northern Saskatchewan. Source: Azincourt Energy Corp.Azincourt Energy Corp. [AAZ-TSXV; AZURF-OTC], said Wednesday March 20 that it has launched a Phase one drilling program at its East Preston uranium project in the western Athabasca Basin of northern Saskatchewan.Azincourt is currently earning towards a 70% interest in the 25,000-hectare Eastern portion of the...Read More

IAMGOLD'S Westwood gold mine 40 km east of Rouyn-Noranda, Quebec. Source: IAMGOLD Corp.IAMGOLD Corp. [IMG-TSX; IAG-NYSE] said Wednesday March 20 that the workforce at its Westwood Gold Mine in Quebec will be reduced by 32%, through a process which commenced this week.The decision results from both planned reductions due to the stage of mine development as well as realignment reductions due to the...Read More

Core Gold's Portovelo CIP processing plant in Ecuador. Source: Core Gold Inc.Core Gold Inc. [CGLD-TSVV; CGLDF-OTCQX] has clarified the circumstances surrounding the recent termination of its former President and CEO Keith Piggott, for cause. The company said in press release it was issuing the clarification in response to stakeholder inquiries.Core said Piggott was initially put on notice by the c...Read More

The investors portal www.proactiveinvestors.co.uk published a relatively optimistic new item about Zimbabwe's economic liberalization, arguing it is proceeding with gusto. "It's not always been an easy process, to be sure, as the widespread unrest related to increased fuel prices bears witness to." The article noted that President Emerson Mnangagwa "has set out his stall, particularly on inflation...Read More

The American Society of Appraisers (ASA) has a new CEO, Johnnie White.  The American Society of Appraisers is the US' oldest and only major appraisal organization representing all appraisal specialists. White is an association professional with more than 27 years serving in a variety of management and leadership roles. As CEO, he will lead ASA's continued international visibility and world-w...Read More

Petra Diamonds’ board has decided that its chairperson Adonis Pouroulis should remain in his position for now.Following a November meeting with shareholders, during which 22.12% of shareholders voted against his re-election as chairperson, the board and nomination committee considered the concerns raised by shareholders.AdvertisementHowever, Petra on Wednesday said it does not consider the a...Read More

JOHANNESBURG (miningweekly.com) – Mineral Resources Deputy Minister Godfrey Oliphant has urged diamond industry participants to remain committed to efforts to grow and sustain the industry in South Africa.Speaking at the South African Diamond Producers Organisation (Sadpo) conference last week, he said this would yield positive outcomes that would move the South African diamond industry for...Read More