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

Over the last four years, Pure Gold Mining (TSXV: PGM) has doubled the indicated resource for its Madsen gold project in Red Lake, one of the highest grade undeveloped gold deposits in the world.The company released an updated resource estimate today that sees Madsen's indicated resource jump by 319,000 ounces of gold (18%) to a total of 2.06 million ounces contained within 7.19 million tonnes at...Read More

The past-producing Troilus gold mine near Chibougamau, Quebec. Source: Troilus Gold Corp.Troilus Gold Corp. [TLG-TSXV] on Wednesday February 6 reported a significant increase in share ownership of the company by management and the board.Within the last three months, members of the Troilus management team and board of directors have acquired over 2.72 million shares, an amount that represents appro...Read More

Underground development at Ivanhoe's Kamoa-Kakula mining complex in the Democratic Republic of Congo. Source: Ivanhoe Mines Ltd.Ivanhoe Mines Ltd. [IVN-TSX; IVPAF-OTC] Chairman Robert Friedland says the company's Kamoa-Kakula mining complex in the Democratic Republic of Congo is set to become one of the world's greatest copper mines. Peak annual production is expected to exceed 700,000 tonnes.Frie...Read More

Basamuk Processing Plant part of US$2.1 billion Ramu Nickel Cobalt Mine in Papua New Guinea - Credit Highlands Pacific June 2018INTERVIEW with Anthony Milewski, Chairman and CEO, Cobalt 27 Capital Corp., on the friendly acquisition of Highlands Pacific in a transaction expected to add initial increased attributable production of over 600,000 lbs of cobalt and 2,900 tonnes of nickel per year to Cob...Read More

Some of you already know about my charity work with Out Of The Heat / Out Of The Cold Program in Kitchener-Waterloo, Ontario. The Program provides a weekly meal for the homeless and a haven of compassion and sense of community for people who for a variety of reasons have found themselves without a regular meal and a roof over their heads.It developed naturally. In my younger years, I was focus...Read More

CAPE TOWN – Angola's State-owned diamond firm Endiama sees production rising to 13.8-million carats in 2022 compared with 9.5-million carats forecast for this year, a senior official said on Wednesday.Production in 2018 was 9.4-million carats, Endiama's director of geology, Kapingana Mandavela, told an African mining conference.AdvertisementTo watch Creamer Media's latest video repor...Read More

(IDEX Online) - The Antwerp World Diamond Centre (AWDC) reported that diamond trading was balanced in 2018, with imports and exports of rough and polished in line with the year-earlier figures.   Exports of polished goods were down 4.5% on the year in volume terms to 4.79 million carats, but up slightly in value to $11.45 billion.   Exports of rough stones declined on the year by 5% to 1...Read More

I’ve got an urgent announcement for you today.One that will help you claim your fair share of a $940 billion pile of cash scheduled to be paid to Americans.No, this has nothing to do with Trump’s State of the Union Address last night.In fact, this cash isn’t tied to Washington at all! (Except for the fact that much of this cash was freed up because of legislation passed in late 2...Read More

Geologist Eric Saderholm and venture capitalist Warwick Smith started looking for a mining project to collaborate on two years ago.The pair had worked together for five years at Western Pacific Resources (TSXV: WRP), which Smith co-founded in 2009, and where Saderholm served as president, before they brought in a financial partner and management team to run the company in 2014."It was a great part...Read More

Vale (NYSE: VALE) has declared force majeure on a series of iron ore and pellets sales contracts after a Brazilian state court ordered it to suspend production from its Brucutu mine in the state of Minas Gerais.The court order also bans Vale from storing tailings in the Laranjeiras dam at Brucutu, following the collapse last month of the Brumadinho tailings dam at its Feijao iron ore mine that has...Read More

The president appeared before the American people last night.Markets waited for good news - or bad news - to come issuing from his mouth.Would he announce a pending China trade deal?Conversely, would he threaten another shutdown if Congress won't fund the wall... or announce a state of emergency?Markets could swing in either direction, depending.But nothing sensational was forthcoming…No c...Read More

"Our target is to grow at least 8% per year on average over a business cycle," Lindberg said."While we grew well beyond that in Q4 and in 2018, we believe we continuously need to make acquisitions to secure long-term growth as well as access to new technologies, markets and geographies."Epiroc, spun out of Atlas Copco last year and listed on the Stockholm Nasdaq in June (STO: EPI-A), added ASI Min...Read More

After years on the sidelines, gold producers are mining world's hottest topic, as the industry gathers in Cape Town this week. Read for details.Read full newsRead More

As the largest consumer of metals, China dominates the global supply and demand of metals, and Asia is at the very centre of the debate on the future of the international mining industry.Urbanisation continues to increase across the continent, with new housing and increased wealth triggering higher consumption of copper and steel in particular. Asia is also at the centre of the emerging market for...Read More

In a recent interview with Global Business Reports, Peloton Minerals President and CEO Ted Ellwood provided insight into the company's three gold projects in Nevada.Read full newsRead More

The race for marijuana profits is on... and one up-and-comer is taking the "Buffett" approach to profits.The race for marijuana profits is on. Marijuana presents one of the most lucrative investing opportunities of the modern age - millionaires have been made many times over, and by finding the right stock at the right time, it's still possible for investors to cash in on these "first wave" profit...Read More

Nymex Crude oil rose twenty percent in January (till 1st February close). The pace of rise for crude oil will be crucial for global economy. Part of the rise is attributed to short covering. If crude oil rises quickly due to Venezuela, then chances of global economy moving into recession will be very high. Global economy has not yet fully recovered from energy shocks of last year. USA and Russ...Read More

Nymex Crude oil rose twenty percent in January (till 1st February close). The pace of rise for crude oil will be crucial for global economy. Part of the rise is attributed to short covering. If crude oil rises quickly due to Venezuela, then chances of global economy moving into recession will be very high. Global economy has not yet fully recovered from energy shocks of last year. USA and Russ...Read More

Stocks extended their hot streak ahead of Trump's speech tonightThe Dow posted another solid session today thanks to a strong showing from Boeing (BA) and tech stocks. It was a similar showing from the Nasdaq and S&P 500 Index, as Wall Street digested a busy day of earnings. Going forward, stocks will try to keep their hot streak going in the aftermath of tonight's State of the Union speech, with...Read More

Last year was disappointing, but the Silver Institute is predicting a "more supportive" climate for silver this year. Sales of the US Mint's American Eagle coins rose 12% in January 2019, compared to the same month a year earlier. Silver should also benefit as the U.S. Federal Reserve is expected to ease off interest rate hikes.The demand for physical silver investment should grow by 5%.On the dem...Read More