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

A report published by Fitch Solutions states that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa and the fact that traditional grid-power tends to be unreliable in those mines, mining companies operating in the region should invest in renewable energy.According to the market research firm, off-grid mines could benefit from reducing their dependency on diesel while...Read More

A report published by Fitch Solutions states that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa and the fact that traditional grid-power tends to be unreliable in those mines, mining companies operating in the region should invest in renewable energy.According to the market research firm, off-grid mines could benefit from reducing their dependency on diesel while...Read More

A report published by Fitch Solutions states that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa and the fact that traditional grid-power tends to be unreliable in those mines, mining companies operating in the region should invest in renewable energy.According to the market research firm, off-grid mines could benefit from reducing their dependency on diesel while...Read More

Canadian bullion producer IAMGOLD Corp. (TSX: IMG) (NYSE: IAG) reported a 23% increase in its proven and probable gold Reserves, which reached 17.9 million ounces at the end of 2018 due to the conversion of resources to reserves at the Saramacca deposit in Suriname, the C??t?(C) gold project in Ontario, and the Boto gold project in eastern Senegal.At the end of 2017, the miner's reserves were 4.5...Read More

Canadian bullion producer IAMGOLD Corp. (TSX: IMG) (NYSE: IAG) reported a 23% increase in its proven and probable gold Reserves, which reached 17.9 million ounces at the end of 2018 due to the conversion of resources to reserves at the Saramacca deposit in Suriname, the C??t?(C) gold project in Ontario, and the Boto gold project in eastern Senegal.At the end of 2017, the miner's reserves were 4.5...Read More

Miner and commodities trader Glencore (LON:GLEN), one of the world's top coal exporters, has yielded to investor pressure to embrace a "low-carbon economy" by announcing it will cap production of the fossil fuel to align its business strategy with the goals of the Paris climate agreement.The unexpected move will also see the Swiss miner setting new targets for cutting emissions from both its activ...Read More

The Gold Coast used to be a gravy train for Republicans, but it could be at risk for the 2020 elections.Read full newsRead More

Canada's Barrick Gold (TSX:ABX) (NYSE:GOLD) and Tanzania have arrived at a plan to settle disputes between the miner's 63.9%-owned Acacia Mining (LON:ACA) and the country's government, which includes a $300 million payment to resolve tax claims in the East African nation.Among the proposals put forward, Barrick offered to create a local operating company in Tanzania and share economic benefits fro...Read More

Canada's Barrick Gold (TSX:ABX) (NYSE:GOLD) and Tanzania have arrived at a plan to settle disputes between the miner's 63.9%-owned Acacia Mining (LON:ACA) and the country's government, which includes a $300 million payment to resolve tax claims in the East African nation.Among the proposals put forward, Barrick offered to create a local operating company in Tanzania and share economic benefits fro...Read More

Canada's Barrick Gold (TSX:ABX) (NYSE:GOLD) and Tanzania have arrived at a plan to settle disputes between the miner's 63.9%-owned Acacia Mining (LON:ACA) and the country's government, which includes a $300 million payment to resolve tax claims in the East African nation.Among the proposals put forward, Barrick offered to create a local operating company in Tanzania and share economic benefits fro...Read More

[Editor’s note: This story was originally published in August 2018. It has since been updated and republished.]The stock market’s volatility in recent months has not made me less bullish on the five cheap stocks profiled in this article. Among these stocks, market movements can cause some noise. But the investment thesis on cheap stocks is predicated on huge moves higher in the long-te...Read More

Drill core from Black Iron's Shymanivske Iron Ore Project in Ukraine. Source: Black Iron Inc.Black Iron Inc. [BKI-TSX; BKIRF-OTC; BIN-FSE] said Wednesday February 20 that it has signed a non-binding memorandum of understanding with a subsidiary of Glencore Plc [GLEN-LSE; GLCY-OTC] that could result in financing for the construction of the Shymanivske Iron Ore project in Ukraine.The MOU envisages G...Read More

Diamond drilling on Cow Mountain at the Barkerville Gold Mines Cariboo Gold Project in east-central British Columbia. Photo courtesy Barkerville Gold Mines Ltd.Barkerville Gold Mines Ltd. [BGM-TSXV; BGMZF-OTC; IWUB-FSE] on Wednesday February 20 reported final 2018 drilling results from the Island Mountain exploration and category conversion program at the company's Cariboo Gold Project in central...Read More

A miner operates his scoop tram at the Barrick Gold/Acacia Mining Bulyanhulu gold mine in Tanzania. Source: Acacia Mining plc.Barrick Gold Corp. [ABX-TSX, GOLD-NYSE] said Wednesday February 20 that it has arrived at a proposal to resolve majority-owned Acacia Mining PLC's [ACA-LSE] prolonged royalty and tax disputes with the government of Tanzania.It will involve a US$300 million payment to Tanzan...Read More

*See press release dated November 13 2018 and see note 16 for ZnEq calculationNotes Regarding Mineral Resource Estimate:Mineral resources are estimated in conformance with the CIM Mineral Resource definitions referred to in NI 43-101 Standards of Disclosure for Mineral Projects. This mineral resource estimate covers the Gilmour South Deposit, and the Key Anacon deposit's Main Zone and Titan Zone....Read More

Keynote Speaker Marie InksterWomen in Mining Canada (WIMC) is both honoured and delighted to announce Marie Inkster, President, CEO & Director of Lundin Mining as the keynote speaker for The Mining for Diversity Reception on Tuesday March 5, 2019 from 4pm to 6pm, as part of this year's PDAC Convention.The event, part networking-cocktail and part award ceremony, has grown to be a major event...Read More

Alderan unlocking Frisco potentialSPONSOREDalderan resourcesThe regulator found 18 irregularities related to Caserones with 11 deemed "severe".Read More

The decision will in effect limit supply from 2022-23, although CEO Ivan Glasenberg said a price impact would likely come from the decision."I believe it will put pressure on the price," he said during the 2018 results presentation.The cap will be around 150 million tonnes a year. Despite an 8% higher year-on-year adjusted EBITDA of US$15.8 billion, the company's profits fell 41% compared to...Read More

Alderan unlocking Frisco potentialSPONSOREDalderan resourcesThe company was revitalised last year when a leadership shakeup saw Colin Bird take the helm as chairman and the appointment of Laurence Read as CEO. Bird has created a strong following over a 40-year career, which includes the sale of Zambian copper-nickel explorer Kiwara plc to First Quantum for US$260 million a decade ago. Read has a l...Read More

Alderan unlocking Frisco potentialSPONSOREDalderan resourcesPrivate equity firm Waterton Global Resource Management, which owns 12% of Hudbay, said Tuesday it had published an investor presentation that laid out what it believed was the right strategic pathRead More