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

Canada's ALX Uranium (TSXV: AL) signed a non-binding letter of intent this week with Orano Canada, a subsidiary of France's Orano Group.The letter refers to the possible acquisition by ALX of a 51% participating interest in the Close Lake uranium project located in the eastern Athabasca Basin area of northern Saskatchewan. This is the same province that hosts the Hook-Carter project, where the Van...Read More

Canada's ALX Uranium (TSXV: AL) signed a non-binding letter of intent this week with Orano Canada, a subsidiary of France's Orano Group.The letter refers to the possible acquisition by ALX of a 51% participating interest in the Close Lake uranium project located in the eastern Athabasca Basin area of northern Saskatchewan. This is the same province that hosts the Hook-Carter project, where the Van...Read More

Canada's ALX Uranium (TSXV: AL) signed a non-binding letter of intent this week with Orano Canada, a subsidiary of France's Orano Group.The letter refers to the possible acquisition by ALX of a 51% participating interest in the Close Lake uranium project located in the eastern Athabasca Basin area of northern Saskatchewan. This is the same province that hosts the Hook-Carter project, where the Van...Read More

The passage of Bill C-45 could be a signal to early investors that pot stocks are ready to pop.With Bill C-45 now in effect, it's possible that in the very near future, investors may be seeing stock market gains that will never be seen again. This is a sentiment echoed by The New York Times, which reported that when this bill passes as expected, it will "completely legalize marijuana as a consu...Read More

As many as 60 people are buried, a local disaster official saidRead full newsRead More

European scientists have announced plans to start mining the moon as early as 2025, though what they'll be extracting is neither gold nor diamonds, but waste-free nuclear energy thought to be worth trillions of dollars.The goal is to place a lander on the lunar surface to mine and process regolith for water, oxygen, metals and an isotope called helium-3, which may prove useful for fueling future...Read More

Indonesian authorities on Wednesday ramped up efforts to find 37 people feared b...Read full newsRead More

Oscar Gonzalez Rocha, CEO of Southern Copper Corp. Source: Southern Copper Corp.Southern Copper Corp. [SCCO-NYSE, Lima] is expected to soon receive a construction license for its long delayed US$1.4 billion Tia Maria copper project in Peru.Reuters news service is reporting that Peru is expected to grant the license ahead of the lapse of the project's environmental permit in August 2019.Companies i...Read More

South Star Mining's Santa Cruz graphite project in Bahia State, Brazil. Source South Star Mining Corp.South Star Mining Corp. [STS-TSXV; STSBF-OTCQB] said Friday March 1 that it has completed the first tranche of a previously announced $500,000 private placement that will be used to advance the company's flagship Santa Cruz graphite project in Brazil.South Star shares were active on the news, risi...Read More

Table 1: Composite of Reverse Circulation (“RC”) Drill Results at Portal 3060To view an enhanced version of Table 1, Click HereFigure 1: Map of Reverse Circulation ("RC") drill locations proximal to the 3060 Portal.Figure 2: Map of completed RC Drill Program (Phase 1 and Phase 2) on historic terraces.Results on the Phase 1 and Phase 2 targets of the historic terraces will be released i...Read More

The term ‘mining auction’ refers to a range of disposals in the mining sector, including the disposal of scrap and/or surplus yellow equipment, assets from business rescue and/or liquidation, and the disposal of mining concessions, explains Hogan Lovells partner Nicholas Veltman.The primary distinction between a bidding process and an auction process is that, under a bidding process, t...Read More

An award-winning scientist, engineer, and millionaire several times over predicted that by 2029, humans could start living forever. That's right. Immortality is almost here. This 'futurist' has been frightening the masses with his predictions for years. He predicted the collapse of the Soviet Union, described the rise of the Internet, and foretold the year a computer would beat a World chess ch...Read More

The mineral development industry continues to rely on and support a varied network of suppliers. From early-stage exploration to decommissioning, suppliers are there every step of the way, providing the goods and services that keep the industry humming.DSI UndergroundLuxembourg-based DSI Underground has bought Fero Group, an Australian galvanizing services and mesh-making firm. DSI's Australian o...Read More

SANTIAGO, CHILE - From barely featuring on the global mining map at the start of this century, Ecuador has moved rapidly to become one of the most dynamic jurisdictions in South America, with two mines due to enter production later this year.The sector's flagship venture is Lundin Gold's (TSX: LUG; US-OTC: FTMNF) US$692-million Fruta del Norte high-grade gold mine development, whose history mirror...Read More

Emerging copper-gold developer SolGold (TSX: SOLG; LON: SOLG) is steadily progressing toward its ultimate goal: to develop a province of discoveries across the under-explored Ecuadorean section of the Andean Copper Belt.SolGold is continuing to drill its Alpala copper-gold project in northern Ecuador, where in late 2018 it doubled its resource and substantially upgraded inferred resources to the i...Read More

The year was 1975, and I was involved with initial exploration of the Ertsberg East skarn system (GBT, IOZ and DOZ copper deposits) for Freeport Exploration on the island of New Guinea. This was a helicopter-supported drill project, 2 km away from the yet-to-be-discovered Grasberg copper-gold deposit. I had a crew of about 20 locals, mostly building camps, drill sites and trails at elevations of a...Read More

Marathon Gold Corporation's (TSX: MOZ) Valentine Lake project is the largest gold resource in Atlantic Canada with four near-surface deposits called Marathon, Leprechaun, Victory and Sprite.The majority of the resources are found in the Marathon and Leprechaun deposits, which also have resources below the current open-pit shell. Gold mineralization has been traced down over 350 metres vertically a...Read More

Macquarie Capital has been engaged to explore, in conjunction with BGC management, a number of options for BGC Contracting including a possible sale, divestment of parts of the business and/orRead More

JOHANNESBURG (miningweekly.com) – De Beers Group on Thursday night celebrated the successful conclusion of the first phase of its Enterprise Development Project for Diamond Beneficiators.Five black South African-owned diamond and cutting companies graduated following a three-year entrepreneurial development programme.AdvertisementFacilitated by De Beers Sightholder Sales South Africa (DBSSSA...Read More

When it comes to warfare, missiles are like bullets...You can never have enough.That's been made especially clear over the past few years, as the U.S. military dropped so many munitions on targets in Iraq, Afghanistan, and Syria that we've begun to run out.The U.S. conducted more than 9,000 airstrikes and dropped more than 65,000 bombs on ISIS targets as part of Operation Inherent Resolve from mid...Read More