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

LISBON – Angola will give the outcome of its first diamond auction on January 31 as the southwest African country’s seeks to increase transparency, attract more investment and boost government revenue, state-owned diamond-trading company Sodiam said.The evaluation of seven gemstones from Angola’s northeast Lulo mine that will be sold is expected to end between Jan....Read More

Newmont Mining just agreed to merge with Goldcorp in a $10 billion deal that creates the world's premier gold company by output.This deal follows the mega-deal in September which saw Barrick Gold merging with Randgold."This combination will create the world's leading gold business with the best assets, people, prospects and value-creation opportunities," said Gary Goldberg, Newmont's chief executi...Read More

Newmont Mining Corp, the world's No. 2 gold producer, is cutting 120 jobs a...Read full newsRead More

Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis.Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intelligen...Read More

Tesla Gigafactory 1, which produce battery packs and battery cells in partnership with Panasonic, is quickly becoming the automaker's most important asset as it has now already produced over ...Read full newsRead More

Gold miners are expected to remain committed to cutting costs and capping expenditures in 2019, a new report by Fitch Solutions reveals.According to the document, despite the fact that prices are predicted to average $1,300/oz and that most major miners' cash costs of production should remain comfortably below $900/tonne, the largest firms in the world are likely to remain committed to spending cu...Read More

Gold miners are expected to remain committed to cutting costs and capping expenditures in 2019, a new report by Fitch Solutions reveals.According to the document, despite the fact that prices are predicted to average $1,300/oz and that most major miners' cash costs of production should remain comfortably below $900/tonne, the largest firms in the world are likely to remain committed to spending cu...Read More

A coal mine roof collapse in northwest China's Shaanxi province killed 21 miners on Saturday, the state-run People's Daily reported on Sunday.The accident is the deadliest reported so far this year in China's coal industry, known for its poor safety record.It occurred at Baiji Mining Co Ltd's Lijiagou mine in the city of Shenmu at around 4:30 p.m. (0830 GMT) on Saturday, when 87 people were underg...Read More

Peruvian company Buenaventura (NYSE: BVN; Lima Stock Exchange: BUE.LM) has been dealing in the past week with a worker strike at its silver-zinc-lead Uchucchacua mine, located in the central Oy??n province.In a statement, management said the action was sparked by the company's decision to dismiss certain contracted employees, as they completed the work their companies were hired to do. But on Janu...Read More

Peruvian company Buenaventura (NYSE: BVN; Lima Stock Exchange: BUE.LM) has been dealing in the past week with a worker strike at its silver-zinc-lead Uchucchacua mine, located in the central Oy??n province.In a statement, management said the action was sparked by the company's decision to dismiss certain contracted employees, as they completed the work their companies were hired to do. But on Janu...Read More

A team of researchers just published a paper in Science Advances where they reveal that lapis lazuli residues found in the mouth of a woman buried at a 12th-century German monastery suggest that she created richly illustrated religious texts.Prior to this discovery, it was thought that mainly men were allowed to write such manuscripts, whose graphics were drawn using luxurious paints, including go...Read More

A team of researchers just published a paper in Science Advances where they reveal that lapis lazuli residues found in the mouth of a woman buried at a 12th-century German monastery suggest that she created richly illustrated religious texts.Prior to this discovery, it was thought that mainly men were allowed to write such manuscripts, whose graphics were drawn using luxurious paints, including go...Read More

A team of researchers just published a paper in Science Advances where they reveal that lapis lazuli residues found in the mouth of a woman buried at a 12th-century German monastery suggest that she created richly illustrated religious texts.Prior to this discovery, it was thought that mainly men were allowed to write such manuscripts, whose graphics were drawn using luxurious paints, including go...Read More

Canada's Torex Gold Resources (TSX:TXG) issued a media report stating that, in 2018, it produced 354,000 ounces of gold at its El Lim??n Guajes Complex, or ELG, located in southwest Mexico. From January to September, the company produced 246,309 ounces of gold in dor?(C), with 11,322 additional ounces gold in carbon fines. The company also reported selling 348,000 ounces of the yellow metal.Accord...Read More

Canada's Torex Gold Resources (TSX:TXG) issued a media report stating that, in 2018, it produced 354,000 ounces of gold at its El Lim??n Guajes Complex, or ELG, located in southwest Mexico. From January to September, the company produced 246,309 ounces of gold in dor?(C), with 11,322 additional ounces gold in carbon fines. The company also reported selling 348,000 ounces of the yellow metal.Accord...Read More

Newmont said in its third-quarter results announcement in October that it was taking a write-down due to a change to the mine plan of the Emigrant open-pit mineRead full newsRead More

(IDEX Online) - Lucara Diamond Corp. has recovered a 127-carat, top white gem diamond, from its 100% owned Karowe diamond mine located in Botswana.   Since mining began at Karowe in 2012, a total of 129 diamonds in excess of 100 carats have been recovered, 33 in 2018 alone. That tally includes 12 diamonds larger than 300 carats in size, of which five were recovered in 2018. In addition, Luca...Read More

(IDEX Online) - ALROSA reported the sale of $323.7 million of rough in December and $4.41 billion for all of 2018.   ALROSA's December sales of rough and polished diamonds increased by 38% YoY to $328.7, with polished diamond sales of $5 million.   Meanwhile, its total diamond sales in 2018 grew 6% YoY to $4.51 billion, with polished sales of $95.3 million.   "A 6% sales growth...Read More

(IDEX Online) - T.GOLD, the international show for machinery and the most innovative technologies for the gold, colored and precious stones and jewelry market, featuring exhibitors from Italy and overseas will hold a "Jewelry Technology Forum". The fair takes place at the same time as VicenzaOro from January 18 to 23.   The JTF, now in its 15th edition, is the result of collaboration between...Read More

TORONTO, Jan. 10, 2019 /PRNewswire/ - Superior Gold Inc. (Read full newsRead More