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

After a two-year survey involving over 1,000 people, it was agreed the total mining area compensation payable was US$2 million, with Walkabout having negotiated for a staged payout over six months.The market was pleased with the news, with Walkabout's shares rising 4.17% Thursday to A10c (US7.27c).The company noted compensation costs were more than estimated in the definitive feasibility study, du...Read More

"Dow just broke 25,000. Tremendous news!"Thus the president delivered a blast for the stock market yesterday... for the first time since October.Yesterday's 435-point surge was substantially due to Jerome Powell's pledge to be "patient."Further, that he is prepared to take his hands off the balance sheet:The committee is revising its earlier guidance regarding the conditions under which it could a...Read More

This episode features an in-depth interview with Andrew Swart of accounting and management consulting giant Deloitte on the topic of major trends that miners need to keep an eye on in 2019.Andrew SwartBased in Toronto, Andrew is Deloitte's Canadian Leader for Mining & Metals, and its Global Consulting Leader for Mining & Metals.Andrew emphasizes the need for miners to improve strategies regarding...Read More

Premier Gold Mines (TSX: PG; US-OTC: PIRGF) expects two new mines will come online over the next 12 to 18 months in Nevada at its South Arturo project, a 40%-owned joint venture with Barrick Gold (TSX: ABX; NYSE: GOLD).Production from South Arturo's phase-one open pit is expected to start sometime in early or mid-2020, while the El Nino underground mine - a down-plunge extension of the joint-ventu...Read More

On Sunday, National Security Adviser John Bolton made clear that the Trump administration is prepared to take military action should Venezuela's embattled president, Nicol??s Maduro, cross a proverbial red line."Any violence and intimidation against U.S. diplomatic personnel, Venezuela's democratic leader, Juan Guaid??, or the National Assembly itself would represent a grave assault on the rule of...Read More

Gomez, a member of the Senate commission for mining and regional development, criticised the laxity and flexibility of the state that means it does not hold mining companies and explorers to accountRead More

Geopolitical tensions and an expected pause in interest rate hikes have investors turning to gold, pushing it past US$1,300 per ounce.Read full newsRead More

A partnership of First Nations, exploration companies and provincial government representatives is working well, as the three groups work collaboratively to progress mineral exploration and mining in northwest British Columbia.That was the message behind a panel discussion Tuesday at Roundup 2019, inside the Pan Pacific Hotel in Vancouver.The four-day annual event is a chance for mineral explorers...Read More

A partnership of First Nations, exploration companies and provincial government representatives is working well, as the three groups work collaboratively to progress mineral exploration and mining in northwest British Columbia.That was the message behind a panel discussion Tuesday at Roundup 2019, inside the Pan Pacific Hotel in Vancouver.The four-day annual event is a chance for mineral explorers...Read More

A partnership of First Nations, exploration companies and provincial government representatives is working well, as the three groups work collaboratively to progress mineral exploration and mining in northwest British Columbia.That was the message behind a panel discussion Tuesday at Roundup 2019, inside the Pan Pacific Hotel in Vancouver.The four-day annual event is a chance for mineral explorers...Read More

A partnership of First Nations, exploration companies and provincial government representatives is working well, as the three groups work collaboratively to progress mineral exploration and mining in northwest British Columbia.That was the message behind a panel discussion Tuesday at Roundup 2019, inside the Pan Pacific Hotel in Vancouver.The four-day annual event is a chance for mineral explorers...Read More

The bullish ball got rolling early after Apple and Boeing earningsThe Dow jumped triple digits out of the gate on positive earnings reactions for Apple (AAPL) and Boeing (BA). Buyers flooded the S&P 500 and Nasdaq, too, after strong earnings from chipmaker Advanced Micro Devices (AMD) andupbeat jobs data. However, bulls really kicked it into high gear after the mid-afternoon Fed announcement showe...Read More

Goldman Sach's head of commodities research Jeff Currie does not expect an early recovery in long-cycle investment and therefore prices of industrial metals due to a structural decline in demand from China, but he is very bullish on the gold price.Speaking on Bloomberg Surveillance, Currie says gold will benefit from strong central bank buying and the wealth effect in India and China due to streng...Read More

Goldman Sach's head of commodities research Jeff Currie does not expect an early recovery in long-cycle investment and therefore prices of industrial metals due to a structural decline in demand from China, but he is very bullish on the gold price.Speaking on Bloomberg Surveillance, Currie says gold will benefit from strong central bank buying and the wealth effect in India and China due to streng...Read More

Goldman Sach's head of commodities research Jeff Currie does not expect an early recovery in long-cycle investment and therefore prices of industrial metals due to a structural decline in demand from China, but he is very bullish on the gold price.Speaking on Bloomberg Surveillance, Currie says gold will benefit from strong central bank buying and the wealth effect in India and China due to streng...Read More

Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) has announced additional drill results from the Cangrejos project in Ecuador, as well as initial drilling of the Gran Bestia exploration target to the northwest of the resource. "The addition of Gran Bestia to Cangrejos is significant and could substantially increase the scale of the current inferred mineral resource estimate of 8.5 million ounces of...Read More

Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) has announced additional drill results from the Cangrejos project in Ecuador, as well as initial drilling of the Gran Bestia exploration target to the northwest of the resource. "The addition of Gran Bestia to Cangrejos is significant and could substantially increase the scale of the current inferred mineral resource estimate of 8.5 million ounces of...Read More

Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) has announced additional drill results from the Cangrejos project in Ecuador, as well as initial drilling of the Gran Bestia exploration target to the northwest of the resource. "The addition of Gran Bestia to Cangrejos is significant and could substantially increase the scale of the current inferred mineral resource estimate of 8.5 million ounces of...Read More

Options traders could be betting on INTC recovering from a recent earnings dropIntel Corporation (NASDAQ:INTC) is in the headlines today thanks to rumors of a potential $6 billion buyout offer for fellow chipmaker Mellanox Technologies (MLNX) -- though, for what it's worth, Susquehanna said it doubts these rumors. With the shares of INTC last seen trading up 1.1% at $47.06, at least one group of o...Read More

Brazilian miner Vale SA said on Wednesday it has postponed the scheduled release of earnings and production reports as it focuses on the consequences of the deadly Brumadinho dam disaster.Vale said it plans to release its fourth quarter earnings report on March 27 rather than Feb. 13 as originally planned. The release of its production and sales report, which had been planned for Feb. 4, was postp...Read More