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 picked up a tailwind in recent trading and that has investors kicking the tires on some of the top stocks in the industry.Let's take a look at Barrick Gold (TSX:ABX) (NYSE:ABX) to see if it deserves to be in your portfolio.Gold marketAt the time of writing gold trades for US$1,239 per ounce. That's the best price since July and pundits are wondering if it could be the start of a rally bac...Read More

As with last Wednesday's investor excitement over suggestions of a looming pause in Fed tightening, the risk is the cheer over a trade-war ceasefire becomes a one-day wonder, Bloomberg noted.US and UK indices had closed higher yesterday while Asian markets were lower in afternoon trade today.Australia's metals and mining stocks on the benchmark S&P/ASX200 were down 0.86% overall but the gold s...Read More

Prime Minister Bruno Tshibala signed the decree, dated November 24, the wire service reported.The change had been flagged earlier this year, with cobalt royalties already increased from 2% to 3.5% under the country's new mining code which came into effect mid-year, despite strong opposition by mining companies including Glencore (LSE: GLEN). The global miner and commodities trader has indicat...Read More

The report, Keep it in the regions: Mining and resources industry support for businesses in regional economies, is the outcome of the Industry, Innovation, Science and Resources Committ...Read More

Premier Rachel Notley of Alberta.Facing a historically large discount, the Alberta government is moving ahead with a mandated reduction in its oil production in a bid to stabilize prices and protect jobs in the province.Beginning on January 1, 2019, Alberta will mandate an across the board reduction of 325,000 barrels per day, or roughly 8.7%.In announcing the measures on a nationwide television b...Read More

Exploration Manager, Bruce Smith, and Chief Geologist, Rodrigo Matias, during the discovery of Amalia. Source: Radius Gold Inc.Radius Gold Inc. [RDU-TSXV; RDUFF-OTC] on Tuesday December 4 announced results from an initial drill program at the Amalia gold-silver project in Chihuahua, Mexico, where Pan American Silver Corp. [PAAS-TSX, NASDAQ] has the option to earn up to a 75% interest.Radius said...Read More

The Quebrada Blanca copper mine in northern Chile. Source: Teck Resources Ltd.Teck Resources Ltd. [TECK.B-TSX; TECK-NYSE] said Tuesday December 4 that it has agreed to sell a 30% stake in its Quebrada Blanca copper mine expansion in northern Chile to Sumitomo of Japan for US$1.2 billion.As a result, Vancouver-based Teck has formally sanctioned the fully permitted US$4.7 billion project for develop...Read More

Share this articleVANCOUVER - Teck Resources Ltd. has sold a 30 per cent stake in its Quebrada Blanca Phase 2 project to Sumitomo Metal Mining Co. Ltd. and Sumitomo Corp. for US$1.2 billion.The Vancouver-based miner also says that its board has approved the project for full construction with first production expected in the second half of 2021.Quebrada Blanca Phase 2 is a massive undeveloped cop...Read More

(IDEX Online) - Chow Tai Fook Jewellery Group Limited posted a 20% increase on the year in revenue to HK$29.7 billion ($3.8 billion) in its interim results for the six months ended 30 September.   The jeweler said the results were due to stabilizing consumer demand and reviving Mainland [China] visitation which fuelled the jewelry market.   Profit increased by 8.8% to HK$1.94 billion (...Read More

(IDEX Online) - Sales of jewelry, watches, clocks and other valuable gifts in Hong Kong increased by 3.3% on the year in October to HKD 6.868 billion ($878 million), reported the Census and Statistics Department.   The rise was higher than that recorded in September when Typhoon Mangkhut hit Hong Kong and the increase in jewelry sales was 2.2%.   For the first 10 months of this year, th...Read More

(IDEX Online) - World Federation of Diamond Bourses (WFDB) President Ernie Blom says the diamond and jewelry industries appear to be heading for a strong end of the year according to import and export figures and other reports in recent weeks.   India recently reported a 19-percent rise in exports in October in its latest results, while Belgium posted a 17-percent increase. Meanwhile, US ret...Read More

Sumitomo Metal Mining and Sumitomo Corporation will pay US$1.2 billion for a third of Teck's 90% interest through a jointly held entity, with the payment to be split between a $800 million earn-...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe company expects to increase its copper production from about an anticipated 150,000 tonnes this financial year to 285,000t in FY2021.However FY2019's cobalt guidance was revised downwards by 8,000t to 26,000t, to reflect the cobalt debottlenecking plant ramp-up and "associated expected shorter-term recoveries".PolarX builds big...Read More

My rich dad said, “The average person is 95 percent eyes and only five mind when they invest. If you want to become a professional in the B and I quadrants (see below), you need to train your eyes to be only five percent and train your mind to be the other 95 percent.”Every day trillions of dollars are moved around the planet electronically. There is more money being created and availa...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 mineralsDealing with the complexity of Coal data with Geobank 2018SPONSOREDmicromineSadly, the price one must pay for being able to say "I told you so" when proven right, is to also take it like a man...Read More

Since the beginning of the Twentieth Century, a healthy mineral exploration industry has been the major driving force that has uncovered northern Manitoba's economic mineral deposits to the benefit of all Canadians.Multiple cities and communities were established in Manitoba due to these exploration and mining successes, including Flin Flon, Thompson, Snow Lake and Bissett.In the 1990s, the Manito...Read More

Carube Copper (TSXV: CUC) has expanded the gold-in-soil anomaly at its Main Ridge gold project in Jamaica east to a 5.5 km total strike length.Though Carube has several copper and gold projects in Jamaica, the company says Main Ridge is one it can fast track through exploration. Carube is now carrying out detailed mapping and sampling at Main Ridge, including rock-chip samples, grab samples and ch...Read More

In its 2019 forecast, the Australian bank put the average price for the upcoming March quarter at below US$1,200 per ounce.This forecast means a drop from the current price of $1,231/oz can't be far off."[The] US-China trade war is a source of market anxiety and, therefore, potential support for gold and silver prices. But for now, buoyant US economic activity and the US Fed's ongoing rate-hike cy...Read More

TSX-V-listed Diamcor sold 2 979 ct of rough diamonds for $653 652 in its November tender.That equates to an average price of $218/ct.AdvertisementThe diamonds were recovered from resumed processing exercises at the company’s Krone-Endora at Venetia project, in South Africa’s Limpopo province.Most of the material processed comprised smaller size fractions, in addition to a low percentag...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 mineralsDealing with the complexity of Coal data with Geobank 2018SPONSOREDmicromineThe demobilisation of the FARC guerrilla group has lowered the overall terror threat in Colombia but the risk to reso...Read More