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

Scotgold Resources (LON: SGZ), the company aiming at opening Scotland's first commercial gold and silver mine, said Wednesday that it was ready is to start rock-breaking in the new year after receiving the green light.The company, which completed 19 permitting conditions and other related obligations for its Cononish project, near Tyndrum, said the Loch Lomond and the Trossachs National Park Pla...Read More

Scotgold Resources (LON: SGZ), the company aiming at opening Scotland's first commercial gold and silver mine, said Wednesday that it was ready is to start rock-breaking in the new year after receiving the green light.The company, which completed 19 permitting conditions and other related obligations for its Cononish project, near Tyndrum, said the Loch Lomond and the Trossachs National Park Pla...Read More

How the S&P 500 has historically performed over the next two holiday weeks Before the month started, I had an article showing the typical December returns over different time frames. The chart is below with the current December return. It completely distorts the axis but it's clear that things have not gone as expected. It's the worst start to December since 1931, which was early in the Great Depr...Read More

After five years of negotiations, Havilah Resources (ASX: HAV) has signed a Native Title Mining Agreement for its Kalkaroo copper-cobalt-gold project, northeast of Adelaide in South Australia.Kalkaroo is believed to be the largest undeveloped open pit copper-gold deposit in Australia on a copper-equivalent ore reserve basis. The signing of the new deal increases Havilah's chances of being granted...Read More

After five years of negotiations, Havilah Resources (ASX: HAV) has signed a Native Title Mining Agreement for its Kalkaroo copper-cobalt-gold project, northeast of Adelaide in South Australia.Kalkaroo is believed to be the largest undeveloped open pit copper-gold deposit in Australia on a copper-equivalent ore reserve basis. The signing of the new deal increases Havilah's chances of being granted...Read More

After five years of negotiations, Havilah Resources (ASX: HAV) has signed a Native Title Mining Agreement for its Kalkaroo copper-cobalt-gold project, northeast of Adelaide in South Australia.Kalkaroo is believed to be the largest undeveloped open pit copper-gold deposit in Australia on a copper-equivalent ore reserve basis. The signing of the new deal increases Havilah's chances of being granted...Read More

Following months of speculation on its ability to buy new assets, Canadian miner Hudbay Minerals (TSX, NYSE: HBM) announced today it has completed the acquisition of all of the issued and outstanding common shares of Mason Resources (TSX:MNR) it did not already own. Each common share was bought at a price of C$0.40.The transaction was closed for about C$31 million, as Hudbay took over the remainin...Read More

Following months of speculation on its ability to buy new assets, Canadian miner Hudbay Minerals (TSX, NYSE: HBM) announced today it has completed the acquisition of all of the issued and outstanding common shares of Mason Resources (TSX:MNR) it did not already own. Each common share was bought at a price of C$0.40.The transaction was closed for about C$31 million, as Hudbay took over the remainin...Read More

Following months of speculation on its ability to buy new assets, Canadian miner Hudbay Minerals (TSX, NYSE: HBM) announced today it has completed the acquisition of all of the issued and outstanding common shares of Mason Resources (TSX:MNR) it did not already own. Each common share was bought at a price of C$0.40.The transaction was closed for about C$31 million, as Hudbay took over the remainin...Read More

Hong Kong-based jewellery giant Chow Tai Fook is the latest industry heavyweight to join De Beers' pilot of its end-to-end diamond blockchain program called Tracr, which aims at clearing the supply chain of imposters and conflict stones.Chow Tai Fook's participation will further extend the platform's reach into the Asian diamond sector, particularly in Greater China, the world's No. 1 diamond pr...Read More

Jeffrey Christian is the managing partner of CPM Group, a commodities research and management, consulting and financial advisory firm in New York. He founded the company in 1986, spinning off the Commodities Research Group from Goldman Sachs & Co., and its commodities trading arm, J. Aron & Company. Christian is an expert on precious metal markets and took time to speak with The Northern Miner abo...Read More

The great Burl Ives once sang, "Silver and gold, silver and gold, everyone wishes for silver and gold."Ives was singing as a snow man to Rudolph the Red-Nosed Reindeer at the time, but he might as well have been crooning to the stock market.Minerals are a staple that almost every investor considers adding to their portfolio. Like oil and gas, gold, silver and copper will continue to be bought and...Read More

Petropavlovsk has lowered its guarantee under the new $240 million Gazprombank package from $204 million to $160 million.IRC had borrowed $340 million from ICBC to build the K&S iro...Read More

The Teledyne Mine portal near the historic Cobalt Mining Camp in northeast Ontario. Source: LiCo Energy Metals Inc.LiCo Energy Metals Inc. [LIC-TSXV; WCTXF-OTCQB; 43W2-FSE] said Wednesday December 19 that it is hoping to raise $500,000 for exploration on its property portfolio from a non-brokered private placement offering of flow-through and non flow-through units. The proceeds from the flow-thro...Read More

Mineral projects of Canada Cobalt Works Inc.Canada Cobalt Works Inc., [CCW-TSXV; CCWOF-OTCQB; 4T9B-FSE], a company that is actively exploring in the historic Cobalt, Ontario camp, has reported a new gold discovery east of its flagship Castle propertyThe company says step-out drilling, 1.5 km east-northeast of the Castle property, has intersected an apparent syenite-hosted gold system.Two widely-sp...Read More

Exploring a high-grade quartz breccia zone on White Metal's Williams property in central Newfoundland. Source: White Metal Resources Corp.White Metal Resources Corp. [WHM-TSXV] said Wednesday December 18 that it has entered into an option agreement with Sokoman Iron Corp. [SIC-TSXV] to acquire by option a 100% stake in the Startrek gold property in central Newfoundland.White Metal said the Startre...Read More

Full Article: The New Safe Haven: Gold Stocks!By: Stewart Thomson1. The US stock market continues to implode. At the same time, precious metals, bitcoin, and the Indian stock market are acting as superb safe havens.2. Please click here now. Double-click to enlarge this great short term gold chart.Full Article: The New Safe Haven: Gold Stocks!By: Stewart ThomsonDisclaimer (C) 2010 Junior Gold Re...Read More

(IDEX Online) - HRD Antwerp has signed a partnership with Dubai-based jewelry retailer Stargems to certify its jewelry inventory through the establishment of a diamond jewelry grading lab.   The cooperation agreement will ensure the transparency and authenticity of each jewelry piece, the sides said in a statement.   As a result of the collaboration, HRD Antwerp will open its first diam...Read More

(IDEX Online) - Gem Diamonds Limited has announced the recovery of high quality 101 carat and 71 carat white Type IIa diamonds.   They were recovered within a 24-hour period at the Let??eng mine in Lesotho, the highest dollar per carat kimberlite diamond mine in the world, the miner said.   The recovery of the 101-carat diamond brings the total recoveries at Let??eng during 2018 to a re...Read More

(IDEX Online) - The Chow Tai Fook Jewellery Group is joining the Tracr?,,? end-to-end diamond industry blockchain traceability platform being developed by the De Beers Group in collaboration with key industry stakeholders.   Chow Tai Fook joins a range of other leading businesses from across the diamond value chain in piloting the next generation asset-tracking platform powered by blockchain...Read More