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

Shares in Galantas Gold (TSX, LON:GAL) climbed more than 30% in London on Friday after a court of appeal dismissed a challenge to a Northern Ireland judge's approval of work at the company's Omagh gold project.Mining is already underway at Omagh, but once it reaches commercial production it's expected to produce 30,000 ounces of gold concentrate per year.The company stated the court ruled that...Read More

Shares in Galantas Gold (TSX, LON:GAL) climbed more than 30% in London on Friday after a court of appeal dismissed a challenge to a Northern Ireland judge's approval of work at the company's Omagh gold project.Mining is already underway at Omagh, but once it reaches commercial production it's expected to produce 30,000 ounces of gold concentrate per year.The company stated the court ruled that...Read More

Shares in Mexican miners and companies with operations in the country were severely hit this week, as leftist President-elect Andres Manuel Lopez Obrador is expected to approve proposed legislation that could restrict mining activity in the country.Early this week, parliament members belonging to the National Regeneration Movement (MORENA) party tabled bills to include environmental and indigenous...Read More

MUMBAI, Nov 22 (Reuters) - The Indian rupee rose to its highest in almost 12 weeks on Thursday as global oil prices eased further.The rupee INR=D4 strengthened past the psychological 71-to-the-dollar mark, climbing to as much as 70.9175, the highest since Sept. 3 and compared to its previous close of 71.46 on Tuesday. It was trading at 70.93 to the dollar at 1033 GMT.The foreign exchange market wa...Read More

* Trump puts pressure on Saudi Arabia to keep prices down* OPEC to meet on Dec. 6 to discuss supply policy* U.S. drilling, output and storage: https://tmsnrt.rs/2QaaY8q (Adds WTI settle, Brent last trade)By Julia PayneLONDON, Nov 22 (Reuters) - Oil prices dipped on Thursday after U.S. inventories swelled to their highest level since December adding to concerns about a global crude glut but OPEC ta...Read More

* NSE ends 0.7 pct down, BSE 0.6 pct lower* Both indexes post first weekly fall in four weeks* Markets shut on Friday for public holidayNov 22 (Reuters) - Indian shares erased early gains to end lower on Thursday due to broad-based losses across the sectors, with automaker Mahindra and Mahindra Ltd MAHM.NS being the top loser on both the indexes.The broader NSE index .NSEI closed 0.69 percent lowe...Read More

* STOXX 600 down 0.7 pct* Mining stocks tumble 1.6 pct* Italian bank stocks fall just 0.2 pct(Updates prices, adds details, quotes, graphics)By Danilo Masoni and Helen ReidMILAN/LONDON, Nov 22 (Reuters) - European shares resumed their downward trend on Thursday, hit by disappointing earnings updates and falling mining stocks, while the Thanksgiving holiday in the United States kept volumes thin.Th...Read More

* European shares slip as miners, banks and tech stocks falter Pound jumps as London and EU agree key Brexit text* Oil gives up early gains but still well off lows* Dollar slips in Thanksgiving void, rand jumps after rate hike Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Marc JonesLONDON, Nov 22 (Reuters) - Europe's share markets fell back into the red on Thursday, as investor worrie...Read More

Investing.com - Gold prices were little changed on Thursday, consolidating the prior session’s gains in holiday-thinned trade. At 8:24 AM ET (13:24 GMT), gold futures for December delivery on the Comex division of the New York Mercantile Exchange gained $1.00, or 0.08%, to $1,229.00 a troy ounce.Trading was expected to remain muted until Monday due to Thursday's Thanksgiving holiday in the U...Read More

Gold keeps whipsawing wildly as a mix of bullish and bearish indicators emerge almost simultaneously, driving extreme reactions from investors. After plummeting below the all-important US$1,200 per ounce mark, the yellow metal rebounded strongly in mid-October 2018 to now be trading at over US$1,200 an ounce.There are indications that now is the time for investors to weather-proof their portfolios...Read More

An iMetal geologist examines a mineralized rock sample at the Gowganda West property. Source: iMetal Resources Inc.iMetal Resources Inc. [IMR-TSXV] said Friday November 23 that ongoing exploration at its Gowganda West property in northeastern Ontario has defined highly favourable targets for upcoming drilling at Zone 3A.iMetal shares advanced on the news, rising 9.52% or $0.01 to 11.5 cents on v...Read More

Property map of the BTU Metals Dixie Halo Project, Red Lake area, Ontario. Source: BTU Metals Corp.BTU Metals Corp. [BTU-TSXV] said Friday November 23 that it picked up more ground in the emerging Dixie discovery area of Red Lake, northern Ontario via the acquisition of Burgundy Exploration Corp.As a result, BTU said it has been able to acquire an additional 4,163 hectares of prospective and geogr...Read More

Full Article: Unthinkable!By: Gary ChristensonMiles Franklin sponsored this article by Gary Christenson. The opinions are his.Sometimes we must consider the unthinkable.Official US national debt is $21.6 trillion. Unfunded liabilities are five to ten times higher. Global debt is about $250 trillion. US national debt has doubled every eight to nine years for decades.Full Article: Unthinkable!By...Read More

JOHANNESBURG (miningweekly.com) – South Africa’s transport infrastructure was built for and remains better suited to the movement of precious metals and diamonds, Herbert Smith Freehills (HSF) consultant Biddy Faber told attendees at a roundtable to discuss comparisons between South African and Brazilian mining and infrastructure investments, on Thursday.The event, held in Rosebank, w...Read More

Leading diamond exploration, evaluation and mining geologists Dr Mike de Wit and Dr John Bristow – in collaboration with the University of Pretoria Geology Department and Enterprises University of Pretoria – presented a short course on ‘Diamond Exploration and their Primary and Secondary Sources’ to fourth-year university students and interested delegates last month. The in...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 mineralsMining Journal caught up with SolGold CEO (and major shareholder) Nick Mather in London this week following...Read More

If you don't understand how the Federal Reserve works, start with rule #11 in Monopoly..."Some players think the bank is bankrupt if it runs out of money. The bank never goes bankrupt. To continue playing, use slips of paper to keep track of each player's banking transactions-until the Bank has enough paper money to operate again. The banker may also issue 'new' money on slips of ordinary paper."T...Read More

Ready for a hot stock market tip?Not from me, mind you. But from the greatest stock market investor in history.Today, Warren Buffett is incredibly bullish on the financial sector.To figure that out, all you have to do is look at the equity portfolio of Buffett’s conglomerate Berkshire Hathaway.As of the last required reporting date (September 30, 2018), more than half of Berkshire’s to...Read More

With more than 25 years' experience in the diamond industry - including 19 with De Beers - Stuart Brown was looking for a new opportunity. He found it as the president and CEO of Mountain Province Diamonds (TSX: MPVD; NASDAQ: MPVD)."I was quite excited by this," he said. "I think the mine has good potential, because it's just starting off. I thought I could add a lot of value with my prior relatio...Read More

The nickel price is at a 12-month low of $10,965 per tonne, after cracking $15,000/t in the northern summer. Hamilton said there was not much hope for an uptick from China over the winter."In our view, a weak stainless steel market is the main challenge, with Chinese 304-grade cold rolled material prices falling RMB200 (US$28.80) per tonne in the past week," he said."[We] would expect to see...Read More