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

LONDON – Dominion Diamond CEO Patrick Evans has left the company, marking at least the third high-profile departure in less than a year at the Canadian miner, which is owned by billionaire Dennis Washington.Evans confirmed that he departed on December 5. Shane Durgin, who was COO, took over as CEO effective December 7, Evans said in a telephone interview Sunday. Evans said he plans to stay o...Read More

(IDEX Online) - Petra Diamonds Limited is selling off its interest in Helam Mining (Pty) Ltd in South Africa to Lindleys Mining (Pty) Ltd for a nominal consideration ZAR200 ($14) with immediate effect.   Petra put the Helam mine on care on maintenance during FY 2015 following previous attempts to find a suitable purchaser, and no mining activities have been conducted by Petra since then. &nbs...Read More

(IDEX Online) - Stornoway Diamond Corporation said that the remaining tranches of financing announced on October 2 have been completed or approved for completion.   A $10 million private placement with Ressources Qu?(C)bec Inc. acting as agent for the government of Qu?(C)bec, was completed on December 7.   A 2-year deferral of principal payments on the Renard Mine Road Loan was authori...Read More

PERTH (miningweekly.com) – A 78 ct white diamond has been recovered from the Mothae diamond mine, in Lesotho.ASX-listed Lucapa Diamond Company on Monday reported that the large diamond was recovered through the new 1.1-million-tonne-a-year treatment plant, where commercial production was declared earlier this month.Advertisement“We are extremely delighted to have started our commercial...Read More

Sustained investment in people a big plus for consultancySPONSOREDbyrnecutMahenge 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 mineralsMOD's shares were down 17.65% Monday to A28c (US20c).The fall came despite the company, which has teamed up with Metal...Read More

Look beyond market approach to project valuations: van ZylLeadershipSustained investment in people a big plus for consultancySPONSOREDbyrnecutMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumAs an agent for purchasers, PearTree would subscribe for up to 12.5 million flow-through shares at 41.3c, Sun Metals sa...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedUnder the agreement, South32 will provide US$1 million funding for generative work and acquisitions per year over two years.Generative work will focus on copper and other base metal projects within the Laramide and Tertiary magmatic arcs of Arizona, New Mexico and Utah.PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x lim...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe country's copper imports fell for the first time this year, down 3% on the year, Bloomberg reported.China's iron ore imports fell for a second month in November, Reuters reported, pulled down by waning restocking demand at steel mills as profit margins narrow.PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedBl...Read More

John Bogle, an entrepreneur, true capitalist and the founder of one of the world's largest mutual fund companies, wrote in his book The Battle for the Soul of Capitalism concerns about the retirement system as a whole.We're in a crisis. But luckily, there's a solution for those smart enough to listen.He takes aim at CEOs of investment firms and believes retirement is going to be the next big finan...Read More

Never afraid to back his own judgement, or take risks leaders of other mining companies might avoid, Glasenberg looks like a man who needs to make changes to the way he operates.&...Read More

Less than two weeks after being appointed executive chairman and CEO of Sandy Lake Gold (TSXV: SLAU), Patrick Sheridan has steered the Red Lake-focused junior towards several strategic acquisitions in Guyana.Sheridan has been credited with the discovery, financing and development of the Aurora gold mine in a remote part of Guyana's rain forest, about 170 km southwest of the capital of Georgetown....Read More

Under the agreement, South32 will provide US$1 million funding for generative work and acquisitions per year over two years.Generative work will focus on copper and other base metal projects within the Laramide and Tertiary magmatic arcs of Arizona, New Mexico and Utah.Any projects progressed to drilling can be selected as designated projects and will advance under separate options agreements.Sout...Read More

LISBON – Angola will conduct its first diamond auction in January as part of the southwest African country’s plan to open its economy to foreign investors, state-owned diamond-trading company Sodiam said.Seven gemstones from the Lulo mine, located in the northeast, will come under the hammer, Sodiam said in an emailed statement Monday. They include a 114 ct stone and a pink, 46 ct gem....Read More

One year ago, I was on the precious metals panel at the New Orleans Investment Conference. I was asked if cryptocurrencies had replaced gold as a safe haven.I laughed, answered no, and explained we would have more clarity once cryptocurrency traders had their faith tested.They are having that faith tested and most - surprise, surprise - have capitulated and moved on.Bitcoin has dropped approximate...Read More

For the Eastern Washington town of Republic, dreams of revival rest on a new approach to gold mining.Read full newsRead More

Joe Fortes is giving away an epic four-course seafood dinner for two plus wine pairings in Daily Hive's 12 Days of Giveaways!Read full newsRead More

Joe Fortes is giving away an epic four-course seafood dinner for two plus wine pairings in Daily Hive's 12 Days of Giveaways!Read full newsRead More

U.S. production of lithium is set to increase 1,300% in the next 2 years.Who wouldn't be happy with 614% gains in a very short amount of time?Well that's what one lithium mining stock did in just under 12 months. But only Australians could reap the rewards of that slam-dunk.Until now that is. The very same "secret sauce" that led to that stock's meteoric rise is now being implemented here in Ameri...Read More

Minichiello is in the business of making memories, and that's exactly what you'll get with this diamond ring in the 12 Days of Giveaways!Read full newsRead More

Minichiello is in the business of making memories, and that's exactly what you'll get with this diamond ring in the 12 Days of Giveaways!Read full newsRead More