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

More than half of the copper mines in Zambia, Africa's second-biggest producer of the metal, will probably be unprofitable next year with thousands of jobs on the line, as the nation raises taxes for operators, the country's biggest industry lobby group said.The effective tax rate will range from 86 percent to 105 percent, with about 27,900 jobs at risk, the Zambia Chamber of Mines said in a state...Read More

More than half of the copper mines in Zambia, Africa's second-biggest producer of the metal, will probably be unprofitable next year with thousands of jobs on the line, as the nation raises taxes for operators, the country's biggest industry lobby group said.The effective tax rate will range from 86 percent to 105 percent, with about 27,900 jobs at risk, the Zambia Chamber of Mines said in a state...Read More

Precious gemstones miner Gemfields (JSE: GML) has announced that the Zambia Revenue Authority (ZRA) has cleared its Kagem emerald mine following a probe into alleged tax evasion.During an unannounced visit in August, the ZRA seized documents and files including those allegedly used to evade payment of Value Added Tax (VAT), income tax, with-holding tax and other taxes.Probe was part of a wider eff...Read More

Precious gemstones miner Gemfields (JSE: GML) has announced that the Zambia Revenue Authority (ZRA) has cleared its Kagem emerald mine following a probe into alleged tax evasion.During an unannounced visit in August, the ZRA seized documents and files including those allegedly used to evade payment of Value Added Tax (VAT), income tax, with-holding tax and other taxes.Probe was part of a wider eff...Read More

Precious gemstones miner Gemfields (JSE: GML) has announced that the Zambia Revenue Authority (ZRA) has cleared its Kagem emerald mine following a probe into alleged tax evasion.During an unannounced visit in August, the ZRA seized documents and files including those allegedly used to evade payment of Value Added Tax (VAT), income tax, with-holding tax and other taxes.Probe was part of a wider eff...Read More

Stock futures have gradually moved lower, hinting at potential weakness at the openDow Jones Industrial Average (DJI) futures are trading slightly below fair value, with stocks still on shaky ground after sliding to new lows yesterday. While traders will certainly continue to consider the Fed's actions, there's also plenty to watch on the earnings front. Namely, Dow stock Walgreens Boots Alliance...Read More

Fixes story to reflect the indexes for new orders and employment increased. Getty Images A view of U.S. Steel Edgar Thomson Steel Works along the Monongahela River, March 10, 2018 in Braddock, Pennsylvania. The numbers: The Philadelphia Fed manufacturing index in December fell to a seasonally adjusted reading of 9.4, from 12.9 in November to reach the lowest level since August 2016. Any read...Read More

American engineering company Bechtel, ranked #11 on Forbes' America's private company list for 2018, announced this week that it opened the Bechtel Mining & Metals Innovation Center in Chile with the goal of developing new technologies that boost productivity, promote environmental sustainability and improve worker safety for the copper industry.In a press release, Bechtel said that the cente...Read More

American engineering company Bechtel, ranked #11 on Forbes' America's private company list for 2018, announced this week that it opened the Bechtel Mining & Metals Innovation Center in Chile with the goal of developing new technologies that boost productivity, promote environmental sustainability and improve worker safety for the copper industry.In a press release, Bechtel said that the cente...Read More

An Australian Independent Planning Commission approved a modified version of Clean TeQ's Sunrise nickel-cobalt-scandium project, located in New South Wales' central west area. According to Clean TeQ, Sunrise is one of the highest grade and largest nickel and cobalt deposits outside of Africa and one of the largest and highest grade scandium deposits in the world.The new version of the proposal inc...Read More

Joint venture partners AngloGold Ashanti (JSE:ANG) (NYSE:AU) and Independence Group (IGO) said Thursday a pre-feasibility study shows underground mining at their Tropicana gold mine in Western Australia is technically and financially viable.As an underground mine, Tropicana could produce around 100,000 ounces of gold a year for about seven years.Once converted into an underground mine, Tropicana...Read More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy"), is pleased to announce that it has completed its previously announced private placement on a "bought deal" basis for total gross proceeds of approximately $5.5 million, an increase over the originally announced $4.5 million base deal due to strong demand for the Offering (as defined herein).The Company has...Read More

Shares in Australian lithium miner Orocobre (ASX: ORE,TSX: ORL) dropped Thursday after it said that prices received for its output dropped in the half of its fiscal year ending in December, and noted it didn't expect a significant improvement in the short term.The Brisbane-based producer of lithium carbonate, used in the making of batteries that power electric vehicles, expects to obtain an aver...Read More

Significant intercepts include 10.4 m grading 11.9 g/t Au and 16.2 m grading 6.7 g/t Au TORONTO , Dec. 17, 2018 /PRNewswire/ - Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) (Read full newsRead More

The news that President Trump and his administration are willing to negotiate with China over trade barriers means that a trade war could be averted, boosting the optimism surrounding the outlook for the world economy. While some economists and analysts are predicting a global slowdown heading into 2019, if a trade war between the world's two largest economies is avoided, then growth should impro...Read More

Oracle said it had finished with Sichuan Provincial Investment Group as partner and signed an agreement Beijing Jingneng Power Company for the US$1.6 billion mine and power plant project. The new firm will keep the previous arrangement and eventually take a 78% share of the thermal coal project under the new memorandum of understanding. Oracle's share price was up over 50% on the ne...Read More

Fabrication and evaluation of Si-based anode for Li-ion batteries.MGX said it is financing a research consortium with UBC to develop a low-cost and scalable method for fabricating a silicon-based anode to improve the energy density of lithium-ion batteries.The two-year research program will focus on fabricating nanostructured silicon using low-cost metallurgical silicon as a feedstock, and composi...Read More

Tim Termuende, President and CEO of Eagle Plains Resources, third from right, takes reporters and mining analysts on a tour of company mineral properties. Source: Eagle Plains Resources Ltd.Rockridge Resources Ltd. [ROCK-TSXV] shares were active Thursday December 20 after the company said the TSX Venture Exchange has approved the company's option agreement to acquire the Knife Lake Copper VMS proj...Read More

(IDEX Online) - The Dubai Diamond Exchange (DDE) is to join the MyKYCBank platform of India's Gem & Jewellery Export Promotion Council.   Ahmed Bin Sulayem, Executive Chairman of DMCC, and Chairman of DDE, and Pramod Kumar Agrawal, Chairman, GJEPC, signed the agreement which enables DMCC members trading in diamonds, gold and precious stones to join the MyKYCBank platform.   DM...Read More

(IDEX Online) - Lucapa Diamond Company Limited has announced the finalization of S$7 million in development funding from the Industrial Development Corporation of South Africa (IDC) for its Mothae kimberlite diamond mine in Lesotho.   The funding from the IDC, which is one of the largest development financiers in southern Africa, followed the execution of the loan and ancillary agreements and...Read More