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

It took two years and six trips to Mexico, but earlier this month Radius Gold (TSXV: RDU) emerged triumphant with an option agreement to earn 100% of the Tropico target in the heart of the Fresnillo silver district in Mexico's Zacatecas state. The 'hot-spring type' sinter-rimmed gold-bearing breccia pipe at Tropico is located within sight and in the same rocks as the Fresnillo mining district, an...Read More

The tectonic forces which created copper hot spots in northern Chile and southern Peru were also highly active in this region of Colombia, where several plates collide and interact.Read More

Avino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Rex Minerals nearing investment decision on Hillside copper-gold projectSPONSOREDrex mineralsSouthern Silver excited by high-grade prospects at Cerro Las Manitas SPONSOREDsouthern silver exploration corp.Video Series: Mining Journal speaks with Dr Michelle Michot Foss SPONSOREDsaudi minist...Read More

Three times isn't a charm for top lithium producer Albemarle (NYSE: ALB) as Australia's Liontown Resources (ASX: LTR) has rejected its latest offer valuing the lithium developer at A$5.5 billion (US$3.7 billion).The news sent its Sydney-listed shares soaring 68.5% to a fresh 12-month high of A$2.57 by market close.Liontown disclosed in an exchange filing that Albemarle had offered A$2.50 per share...Read More

During the analyst conference call about the transaction, company executives said the purchase stands on the merits of the mine and its 60,000-hectare exploration package.Read More

The first quarter is almost in the books - and it looks nothing like the Great Tech Reset that shoved the stock market off a cliff in 2022.Bitcoin has exploded higher, posting new 9-month highs after breaking out above $25K.The Nasdaq 100 - the biggest, baddest tech names on the market - just hit new 7-month highs as household names such as Microsoft (MSFT) and Meta Platforms (META) continue to bu...Read More

Lundin will pay JX an initial $800 million with $150 million in deferred cash payments over six years. This includes $50 million in five $10 million annual instalments and $100 million in 2029.Read More

Video Series: Mining Journal speaks with Dr Michelle Michot Foss SPONSOREDsaudi ministry of industry and mineral resourcesSouthern Silver excited by high-grade prospects at Cerro Las Manitas SPONSOREDsouthern silver exploration corp.Rex Minerals nearing investment decision on Hillside copper-gold projectSPONSOREDrex mineralsAvino Silver & Gold looks to triple production by adding assetsSPONSOR...Read More

(IDEX Online) - Blue Nile, the online jeweler acquired by Signet for $360m last August, is laying off 119 workers.Signet said it was consolidating operations to New York City and closing the Blue Nile fulfillment center in Seattle."As part of the integration of Blue Nile, we will be reducing duplicative fulfillment center services to centralize these services within our existing New York City fulf...Read More

It can be easy to take a partnership between Canada and the United States as a given," U.S. President Joe Biden told the House of Commons on Mar. 24 on his first official visit to Canada. While he meant this as a positive and went on to describe the peaceful and prosperous relationship is a "marvel," Canada has been reminded several times in recent years that it can't - and shouldn't - expect th...Read More

Every tech advancement that promises to significantly disrupt the economy is an implicit war with China. No bullets or bombs are let loose, but the stakes are just as high. China has been on a nonstop mission of economic imperialism for decades now. The communist leaders have sacrificed the social well-being of their citizens in exchange for unfathomable wealth. This drive can never be satisfie...Read More

A U.S. court ruling announced today will allow KORE Mining (TSXV: KORE; US-OTC: KOREF) to proceed with drilling at its Long Valley gold project in California's Mono County.On Tuesday, the U.S. District Court for the Eastern District of California denied a motion by NGOs to overturn authorization granted by the United States Forest Service (USFS) of KORE's proposed drill program. An initial, 3,000-...Read More

Northern Miner Senior Staff Reporter Colin McClelland talks to American Pacific Mining CEO Warwick Smith during the recent PDAC convention in Toronto about the company's pipeline of exploration projects in the United States and its joint ventures with senior miners, including Rio Tinto. Smith says growth by the drill bit via JV partnerships is good for the company, but there's potential for growth...Read More

"Permitting is the big overhang on the project so that will be the big push this year, with a C$20 million budget if we push hard.Read More

(IDEX Online) - Gemfields, the London-based colored gems miner, reported record earnings for 2022, thanks to a post-Covid spike in demand for emeralds and rubies.High demand drove up prices, especially in first half of the year, which resulted in a 32 per cent increase in revenue, to a record high of $341m.But the miner, which owns 75 per cent of the Montepuez ruby mine in Mozambique and the Kagem...Read More

The Northern Miner senior staff reporter Colin McClelland talks to Seabridge Gold's chairman and CEO Rudi Fronk during the recent PDAC convention in Toronto about the development strategies the company is investigating for the giant KSM project in British Columbia, including the nearby Iskut property. Fronk says there are only seven gold companies currently capable of originating an adequate offer...Read More

I've written at length about how Ukraine is badly losing its war with Russia.The U.S. and U.K. media have been a continuous source of misinformation and lies on this topic, so it's not surprising that most Americans believe that Russia is losing badly.But it simply isn’t true.Over 200,000 dead Ukrainian soldiers speak as if from the grave about how badly Ukraine is losing. They've lost much...Read More

Avino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Rex Minerals nearing investment decision on Hillside copper-gold projectSPONSOREDrex mineralsSouthern Silver excited by high-grade prospects at Cerro Las Manitas SPONSOREDsouthern silver exploration corp.Video Series: Mining Journal speaks with Dr Michelle Michot Foss SPONSOREDsaudi minist...Read More

CytomX Therapeutics, Inc. (NASDAQ:NASDAQ:CTMX) Q4 2022 Earnings Conference Call March 27, 2023 5:00 PM ETCompany ParticipantsChris Ogden - SVP of Finance and AccountingSean McCarthy - CEO...Read full newsRead More

BioNTech is more than a COVID vaccine developer. Read how its infectious disease vaccine platform and multi-layered oncology platform are clicking into gear.Read full newsRead More