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

Gold has firmed in recent days as fears of a global economic slowdown mount. This now sees the yellow metal trading at over US$1,246 per ounce, and there are signs that it could surge higher in coming weeks. That is a boon for gold miners, which have had to weather weaker prices since the start of 2018. One small-cap miner that stands out is McEwen Mining (TSX:MUX)(NYSE:MUX), where legendary ind...Read More

Marc Elliott, mining analyst at Investec Securities, told Mining Journal there was a greater spread of companies "across the mid-cap range" on the TSX and ASX, "whereas in London w...Read More

Exploring the Athabasca basin in northern Saskatchewan. Source: Skyharbour Resources Ltd.Skyharbour Resources Ltd. [SYH-TSXV; SYHBF-OTCQB] has released the results of a 2018 fall drilling program at the Moore Uranium Project in Saskatchewan. The company said the program intersected new high-grade uranium at the Maverick Zone, including 3.11% U3O8 over 1.8 million within 0.56% U3O8 over 15.2 metres...Read More

McLean Lake uranium mill in the Athabasca basin of northern Saskatchewan, 22.5%-owned by Denison Mines, (AREVA 70%). Source: Denison Mines Corp.Denison Mines Corp. [DML-TSX; DNN-NYSE American] said Tuesday December 18 that it has elected to advance its Wheeler River uranium project in Saskatchewan following positive pre-feasibility study results.Denison is a uranium exploration and development com...Read More

Share this articleTORONTO - A panel at the Ontario Securities Commission has approved a $30-million settlement with Katanga Mining over the company's misleading statements and its failure to properly disclose the risks of operating in the Democratic Republic of the Congo.Katanga, majority owned by Swiss mining giant Glencore Plc, says as part of the settlement it will make a $28.5-million payme...Read More

(IDEX Online) - Russian diamond miner ALROSA reported that global jewelry sales rose 4% overall in the third quarter of 2018.   North America, the largest diamond jewelry market, showed a 4% sales increase in Q3 compared to the same period last year. "According to key retailers, stable growth was driven by increased demand from the local population," the firm said.   "In the Asia Pacific...Read More

(IDEX Online) - De Beers sold rough diamonds with a provisional value of $540 million in the 10th sales cycle (Global Sightholder Sales and Auction Sales) of 2018.   The miner's two previous sales had both been below $500 million.   The miner reported confirmed sales of $442 million in the ninth cycle, compared with an initial provisional figure of $440 million.   Bruce Cleaver...Read More

(IDEX Online) - Sales of fine jewelry and fine watches rose by 5.7 percent in the U.S. market in October, when compared to the same month a year ago, as the graph below illustrates.   The rise is the second-lowest seen so far this year, but is nonetheless a solid increase.   Overall sales in October, the last month for which figures are available, were an estimated $5.8 billion, accordi...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe miner picked up another 28.87 million SolGold shares from third parties at a price of 40p, a premium to SolGold's London closing price overnight of 35.45p.The total investment equat...Read More

Anarchy is amok on Wall Street, a scene of riot."Neither the bulls nor the bears are in charge," cries Michael Kramer of Mott Capital Management.Thus we find bull and bear, bovine and ursine, pitted in savage brawling, each battling for control of the nation's capital.One day the bulls wrest command and the Dow Jones leaps 500 points.The next day bears pull off a countercoup... and retake the 500...Read More

Kim and I are all about simplifying.We like making finances simple, which is why we’ve written several books and created multiple courses to help people understand the basics of the language of money. And we support others who carry out the same mission. Like a hero of mine, and a financial genius, figured out a way to transform your retirement. (You can find out how if you watch her short v...Read More

Easier said than done (2018 has certainly been a most humbling year for many investors/speculators), but hey, we have to try don’t we?Here’s a broader, macro view of 2018 performance across various sectors…Coupled with the fact that we are nearing the end of the year (most everyone is on holiday/vacation), there’s most likely a lack of interest (liquidity) in certain names,...Read More

Diamond miner De Beers sold $540-million worth of diamonds in the tenth sales cycle of this year, bringing its total sales for the year to about $5.39-billion.The most recent sight yielded the strongest results for a final sales event in at least three years and compares with $455-million worth of diamonds sold in cycle ten of 2017 and $422-million sold in the same period of 2016.AdvertisementThe...Read More

Mahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsSustained investment in people a big plus for consultancySPONSOREDbyrnecutLast week, Bacanora Lithium shareholders were better served li...Read More

The gold explorer and development company has accelerated from the initial discovery at Namdini in 2015, to delivering a resource update, maiden reserve, preliminary economic assessment and preliminary feasibility study in the past 12 months alone.Along with strengthening its board with the appointment of ex-Barrick Dr Kenneth G Thomas and former Centamin Egypt director Trevor Schultz, and ga...Read More

Kakamega County has 1.31 million ounces of deposits valued at Sh171 billion, according to Mining MinistryRead full newsRead More

The industrial patterns of mining shaped many Australian towns, which found varied uses for disused mine sites. The mining boom ensures the challenges these sites present will be with us a long time.Read full newsRead More

The planned merger, which creates the world's top gold miner by value and output, has been approved by the Royal Court of Jersey.Read full newsRead More

Red Pine Exploration Inc. (the "Company") (TSXV:RPX) is pleased to announce that its non-brokered private placement, previously announced on November 23, 2018, has been oversubscribed. Read full newsRead More

Trump may be facing an uphill battle he can't win in 2020.The much-anticipated "Blue Wave" washed over America on November 6. But it didn't hit all states equally.Some states, like California and New Jersey, were electoral graveyards for Republicans. In a few states, Republicans actually picked up a seat or two.But overall, Democrats saw their biggest gains in Congress since Watergate. They picked...Read More