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

Poland's Supreme Audit Office (NIK) has lambasted state-controlled miner KGHM (WSE:KGH) for buying the Sierra Gorda copper mine in northern Chile, saying that company has spent more than PLN 19.6 billion (about $5.2 billion) managing the operation and the ore processing plant over the last three years.The Office, which looks into the way the Polish state operates and how it spends public funds, sa...Read More

Poland's Supreme Audit Office (NIK) has lambasted state-controlled miner KGHM (WSE:KGH) for buying the Sierra Gorda copper mine in northern Chile, saying that company has spent more than PLN 19.6 billion (about $5.2 billion) managing the operation and the ore processing plant over the last three years.The Office, which looks into the way the Polish state operates and how it spends public funds, sa...Read More

Gary Goldberg tells Barron's that he's glad to have the partnership in the works and feels optimistic about the coming vote on its Goldcorp deal.Read full newsRead More

Canada is in danger of losing its global dominance in mining, despite recent government initiatives to improve competitiveness, according to a report from an industry association.Read full newsRead More

Investing.com - Gold prices fell on Thursday in Asia even after China reported weaker-than-expected industrial output data.Gold Futures for April delivery were down 0.5%, at $1,303.35 per ounce on the Comex division of the New York Mercantile Exchange by 1:11 AM ET (05:11 GMT). The precious metal remained above the key $1,300 level after hitting a near two-week peak of $1,309.60 on Wednesday.China...Read More

Metals Ex revealed last month previous management had wildly overstated the recoveries at the Runruno gold mine in the Philippines. At the start of 2019, Darren Bowden came in as the new CEO, replacing Ian Holzberger.The company has remained in financial peril since the change. There is now US$44 million due at the end of March, although the company has asked lenders HSBC...Read More

The many automotive applications for rare earths. Source: Medallion Resources Ltd.Medallion Resources Ltd. [MDL-TSXV; MLLOF-OTCQX], a company that is pursuing the production of magnet metals, said Friday March 15 that it is raising $495,000 by way of a private placement financing. The news sparked active trading in the shares, sending them down 16.67% or $0.02 to 10 cents on volume of 3.7 million....Read More

Gold ore (with much native gold) in a quartz vein from the Privateers Mine on the west coast of Vancouver Island, British Columbia. Source: Troubadour Resources Inc.Troubadour Resources Inc. [TR-TSXV] shares rallied sharply Friday March 15 following a resumption of trading after the company announced that it has signed a letter of intent that gives it the option to acquire all the issued and outst...Read More

Construction Photos from the Buritic?? Project Source: Continental GoldContinental Gold Inc. [CNL-TSX; CGOF-OTCQX] on Friday March 15 announced details of a US$175 million financing package that will be used in part to fund the advancement of its Buritica Project in Colombia.Continental shares rallied on the news, jumping 15.4% or 40 cents to $3.00 on volume of 1.18 million shares. The shares trad...Read More

MOSCOW – Russian State-controlled diamond producer Alrosa said on Friday its 2018 net profit rose 15% to 90.4 billion roubles, as a fall in sales volume was offset by stronger global prices.Though sales volume fell by 8% year-on-year, stronger pricing, particularly in the first half of 2018, meant sales by value increased by 6% to $4.4-billion, Alrosa said.AdvertisementThis helped to lift re...Read More

Aim-listed BlueRock Diamonds on Friday said it was finalising preparations for the move to continuous operations at its Kareevlei diamond mine, in Kimberley, South Africa.The company said that although this was later than had initially been anticipated, it would not have any material impact on the published production guidance of 35 000 t to 45 000 t for the first quarter.AdvertisementBlueRock exp...Read More

GABORONE – Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, aims to keep production at around 24-million carats this year, its managing director said on Friday.Debswana lifted diamond output by 6 percent to a four-year high of 24.1-million carats in 2018, buoyed by strong demand from the United States, China and India....Read More

PERTH (miningweekly.com) – An 83 ct diamond has been recovered from the Mothae kimberlite project, in Lesotho.ASX-listed Lucapa Diamond Company on Friday said that the diamond was the fourth stone measuring larger than 50 ct to be recovered from Mothae to date, and while the 83.9 ct diamond was not considered gem-quality, it continued to underline the large-stone nature of the resource.Adver...Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsAlara, which has been active in the Middle East since last decade, said the debt funding was from Doha-headquartered SAMA Global Investment.Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe Montana Department of Environmental Quality this week released the draft environmental impact statement, which outlines the final permitting steps required.Read More

Yesterday we documented our personal frustrations with contemporary technology.Today we file a protest against contemporary money.We begin with the "evolution" of United States currency…We refer you to this $10 bank note, dated 1928:In those antique days, a fellow could march into a bank, hand the clerk a slip of paper as illustrated above and demand the denominated amount in gold coin.The s...Read More

You've heard the saying when it comes to trading stocks: buy low and sell high. The same strategy applies to making money buying items in stores. This is called retail arbitrage, and it can make you a small fortune pretty quickly if you know how to do it right.E-commerce revenues are projected to grow to 4.88 trillion US dollars in 2021. If that number sounds high, consider that Amazon is already...Read More

Despite centuries of local mining history, the northern Andes remain under-explored by modern standards, and the region stands as one of the favourite destinations of the world's mineral explorers. Here is a look at eight Canadian-based juniors active in Colombia, Ecuador and Peru. LUPAKA GOLDVancouver-based Lupaka Gold (TSXV: LPK; US-OTC: LPKGF) says its priority is advancing to production its In...Read More

Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corp"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesAt least, according to the rationale...Read More

The following is an edited excerpt from the report "State of mineral finance 2019: At the crossroads," produced by the Prospectors & Developers Association of Canada (PDAC) and Oreninc. For the full report, visit www.pdac.ca.From a broad perspective, global mineral exploration activity expanded in 2018, maintaining the positive trajectory established in 2017 after a multi-year contraction in activ...Read More