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

Nov 26 (Reuters) - Indian shares rose about 1 percent on Monday in volatile trading, led by gains in index heavyweights HDFC Bank Ltd HDBK.NS and consumer goods giants Hindustan Unilever Ltd HLL.NS and ITC Ltd ITC.NS .The benchmark BSE index .BSESN ended 1.07 percent higher at 35,354.08, while the broader NSE index .NSEI climbed 0.97 percent higher to 10,628.60.Hindustan Unilever jumped near...Read More

The Canadian Mining Symposium, presented by The Northern Miner in cooperation with the High Commission of Canada in the United Kingdom, is returning to Canada House on Trafalgar Square in London, U.K., on May 22, 2019, and we are pleased to announce three stellar headline speakers for the event: David Harquail, CEO of Franco-Nevada Corporation; Steve Letwin, president and CEO of Iamgold; and Eir...Read More

Earlier this month, Wheaton Precious Metals (TSX:WPM)(NYSE:WPM) announced earnings for the most recent quarter, which showcased several notable drops when compared to the same quarter last year, leading to a drop in the stock's share price, which is currently trading down 5% this month.As the world's largest streamer of precious metals, a weaker than expected set of results from Wheaton could be a...Read More

Almost 82,000 shares in the company changed hands with the price rising C20c yesterday to 60c, despite any official news.Its shares had last Read More

Drilling operatiuons at Tinka's Ayawilca Project in Peru. Source: Tinka Resources Ltd.Tinka Resources Ltd. [TK-TSXV] has announced an updated mineral resource estimate for its 100%-owned Ayawilca zinc and tin deposits in Peru.The 150 km2 Ayawilca project is located 40 km northwest of Cerro de Pasco in the richly mineralized silver-lead-zinc belt of central Peru. It ranks as one of the largest zinc...Read More

The Genesee generating facility. Source: leduc-chamber.comAltius Minerals Corp. [ALS-TSX; ATUSF-OTCQX] said the Genesee Ltd. Partnership, of which Altius is the General Partner, has filed a law suit against the governments of Alberta and Canada.The law suit claims $190 million in damages while describing actions that it feels were tantamount to expropriation of its royalty interest in the Genesee...Read More

One of the greatest compliments that I think I can ever receive in life is if someone who really knows me tells me the following:“Jay, I’ve known you for a long time now, and you’re always the same dude.”The above comment might not seem like much, and albeit it can read rather vague if there’s no context behind it, but for a simple dude like myself, that’s reall...Read More

Share this articleCALGARY - Precision Drilling Corp. says it is entitled to a $20-million break fee after Ensign Energy Services Inc. announced Tuesday that it will take control of Trinidad Drilling Ltd. by acquiring a majority of Trinidad's shares.Calgary-based Precision, the largest driller in Canada, said the fee is owed as part of the Oct. 5 arrangement it had with Trinidad after terminatin...Read More

Share this articleCALGARY - Ensign Energy Services Inc. says it will take control of Trinidad Drilling Ltd. after acquiring a majority of the company's shares by its Tuesday deadline.The Calgary-based drilling company says 56.38 per cent of Trinidad shares have been tendered. The 154.1 million shares are in addition to the 26.9 million it also owns, raising its stake in Trinidad to 66.18 per cen...Read More

Share this articleWABUSH, N.L. - The Labrador mining town of Wabush is in for a much-needed economic boost as one of Canada's largest iron ore mines restarts production next year.Premier Dwight Ball was in Wabush today to announce the official reopening of the Scully mine, with hiring for 260 new jobs to begin over the next few weeks.Hundreds of people lost their jobs when Cliffs Natural Resou...Read More

(IDEX Online) - The holiday sales season in the United States got off to a record-breaking start, according to figures for Black Friday and Cyber Monday sales.   A record $6.22 billion was spent on Black Friday, reported Adobe Analytics, which tracks sales at 80 of the top US 100 retailers.   That is 24% higher than the $5.03 billion spent during Black Friday in 2017.   Adobe expe...Read More

(IDEX Online) - ALROSA held an auction of polished diamonds in Israel from November 4-13, with companies from Israel, the US, Belgium, Hong Kong, India and Russia were among the participants.   The company presented colorless polished diamonds ranging in size from 5 carats, fancy colored stones over 1 carat, as well as polished diamonds of 0.3-0.99-ct category in batches completed by color....Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe company said the potential iron oxide-copper-gold system was 65km southeast of Olympic Dam and 45km north-east of OZ Minerals Carrapateena project.BHP drilled four diamond holes for...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe company currently owns 70% of the venture but is prepared to become a minority shareholder, in order to advance the mine into construction, CEO Darren Pylot said on a conference call."It's a great project and we think getting it built in the context of a looming copper deficit is a very good value proposition for our shareholde...Read More

DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftMahenge 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 mineralsThe WWF released a new report entitled ‘Getting it right in a new ocean: Bringing Sustainable Blue Ec...Read More

When I was young, and my rich dad would tell me he didn't like an investment I wanted to pursue, he'd always say, "I hope I'm wrong." He believed that by giving me enough warning, I would have the time to prepare, just in case he was right.He said, "The question is not whether I'm right or wrong. The question is: are you prepared just in case I'm right?"This has stuck with me and it motivated me t...Read More

I was in Baltimore a few days ago to attend some business presentations and to catch up with colleagues and old friends.One of the presentations was held in an old theater that was being renovated.The Parkway Theater was built in 1915 and its design was modeled on London’s West End Theater.Being one of the first movie palaces on the east coast, The Parkway Theater was a runaway success from...Read More

On Nov. 8, McEwen Mining (TSX: MUX; NYSE: MUX) entered into an equity distribution agreement with UBS Securities, BMO Capital Markets, Cantor Fitzgerald & Co., H.C. Wainwright & Co., Roth Capital Partners and Alliance Global Partners to offer up to US$90 million of its common stock in the United States. Under the terms of the "at-the-market offering" filed with the United Securities Exchange Commi...Read More

NUM members are striking in protest at the retrenchment of 1,082...Read More

LONDON – Zimbabwe does not plan to change its ownership rules for diamonds and platinum, its mining minister said on Monday, denting hopes among some miners the country will open up ownership as it announces mineral frameworks in coming weeks.Zimbabwe in March changed its empowerment law limiting the rules that mandate majority state ownership to diamond and platinum mines, rather than to th...Read More