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

This year has been a very difficult time for silver investors and miners. The white metal has fallen by over 16% since the start of 2018 to be trading at around US$14.60 per ounce, and there are signs that a recovery is a long way off.Nonetheless, this shouldn't deter investors from acquiring primary silver miner Pan American Silver Corp. (TSX:PAAS)(NASDAQ:PAAS). Recent developments indicate that...Read More

The company has the Elandsfontein phosphate project on South Africa's west coast, is in the process of buying the Hinda phosphate project in the Republic of Congo and also has the rights to the Aflao prospect in Ghana. Elandsfontein is currently under care and maintenance after six weeks of operation in 2017, and needs around US$16 million to get back into production. The compa...Read More

The surprise was not in the results themselves from the four-hole program at the unnamed discovery, assumed to be the historic Oak Dam West anomaly.The surprise was that BHP announced t...Read More

"This gives them the ability to analyse and upload field data in real-time from the most isolated locations around Australasia," Inmarsat said in a statement.Imdex's (ASX: IMD) cloud-based hub aggregates and transmits field data from subsurface instrumentation and mobile units, allowing an automated and instant upload of the data to a company's headquarters.Imdex's general manager product developm...Read More

The BMW i3 battery-powered automobile. Source: BMW Group.BMW Group is teaming up with BASF SE, Samsung SDI and Samsung Electronics to launch a cobalt pilot project in the Democratic Republic of Congo (DRC) in a bid to improve working conditions in artisanal mining operations as well as living conditions in surrounding communities.Cobalt, which is produced primarily as a by-product of copper and ni...Read More

Goldcorp's Pe??asquito gold mine about 200 km northeast of Zacatecas, Mexico. Source: Goldcorp Inc.Goldcorp Inc. [G-TSX; GG-NYSE] says it has produced the first dor?(C) gold bar from the Pyrite Leach Project (PLP) at its 100%-owned Pe??asquito mine in Mexico. The aim of the project is to allow Pe??asquito to process ore which was previously considered uneconomic, including significant amounts alre...Read More

Working underground at SilverCrest's Las Chispas Project in Sonora, Mexico. Source: SilverCrest Metals Inc.SSR Mining Inc. [SSRM-TSX, NASDAQ] is acquiring a 9.9% stake in SilverCrest Metals Inc. [SIL-TSXV, SVCMF-OTCQX] by purchasing 8.2 million common shares of the company via a private placement.The total consideration is $30.7 million or $3.73, marking a 19% premium on the closing price of Silv...Read More

Quartz carbonate vein breccia with pyrite and chalcopyrite from the first ever drill hole on the Cole Target, KH18-18Metallis Resources Inc. [TSX-V: MTS; OTCQB: MTLFF] is pleased to announce the second set of assay results from the Company's 2018 drilling program at its 100%-owned Kirkham Property in the prolific Golden Triangle of northwest British Columbia. The first ever drill program at the Co...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe surprise was not in the results themselves from the four-hole program at the unnamed discovery, assumed to be the historic Oak Dam West anomaly.The surprise was that BHP announced t...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe Toronto-based miner expects to produce more copper over this period than previously expected on the back of refined mine sequencing at Candelaria, in Chile, and an expected early completion of the Eagle East project, in the US.The 2019 copper guidance is expected to range between 199,000 metric tonnes 218,000t in 2019, rising t...Read More

In 1974, Ray Kroc, the founder of McDonald's, was asked to speak to the MBA class at university of Texas at Austin. My friend was a student in that class.After a powerful and inspiring talk, the class adjourned, and the students asked Ray if he would join them at their favorite hangout to have a few beers. Ray graciously accepted."What business am I in?" Ray asked, once the group all had their bee...Read More

Since it kicked off this year's 32,500-metre drill program in March, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has continued drilling at the Colomac and Grizzly Bear gold deposits, which, along with its Goldcrest gold deposit, make up the Colomac project's inferred resource of 2.61 million contained oz. gold in 50.3 million tonnes grading 1.62 grams gold per tonne.But the company has also spent a l...Read More

The Association of Mineworkers and Construction Union (AMCU) started a strike on Read More

Scooby Doo is an American hero.No, I'm not talking about the cartoon dog.I'm talking about the robot.You see, Scooby Doo was an iRobot PackBot.PackBots are 60-pound, treaded robots that are used for reconnaissance, surveillance, and bomb disposal. They have four cameras, an arm with a gripper, and flippers that vault them over obstacles.And Scooby Doo was one of the best.Through the course of his...Read More

Endeavour Silver completed a total of 55 drill holes from surface on seven different vein targets as part of a program at its Bolanitos mine.Read full newsRead More

Chancellor Angela Merkel's plane had to turn around and land in Cologne after an hour in the air due to a defect. The plane has experienced several issues in the past few months.Read full newsRead More

Gold and silver have just have formed a short term bottom after comments from the Federal Reserve chairman that interest rates are "just below" neutral range. This implies that the pace of interest rate hikes (after December) will be slower next year. This is just the catalyst needed for gold and silver bulls. The US dollar index should form a long term top over the next two weeks. Physical dema...Read More

Gold and silver have just have formed a short term bottom after comments from the Federal Reserve chairman that interest rates are "just below" neutral range. This implies that the pace of interest rate hikes (after December) will be slower next year. This is just the catalyst needed for gold and silver bulls. The US dollar index should form a long term top over the next two weeks. Physical dema...Read More

The authorities in Democratic Republic of Congo will audit the supply chain for ...Read full newsRead More

German pharmaceuticals and chemicals giant, Bayer, announced plans to cut 12,000 out of 118,200 jobs worldwide, or roughly 1 in 10 jobs, in hopes of cutting costs and regaining investor favor after a series of legal setbacks over its purchase of Monsanto earlier this year.Read full newsRead More