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

South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) has halted all its gold mining operations in the country after violence broke out overnight during a strike by workers demanding higher wages.Operations at the Driefontein, Kloof and Beatrix mines, major sources of revenue for the precious metals miner, were suspended late on Wednesday due to increasing levels of brutality and intimidation,...Read More

South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) has halted all its gold mining operations in the country after violence broke out overnight during a strike by workers demanding higher wages.Operations at the Driefontein, Kloof and Beatrix mines, major sources of revenue for the precious metals miner, were suspended late on Wednesday due to increasing levels of brutality and intimidation,...Read More

Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), today announced its financial results for the three months ("Q3 FY18") and nine months ("YTD") ended September 30, 2018."While our revenue growth for Q3 was 24% relative to the comparative quarter last year, I anticipate the year-end annual sales growth to be in the range of 50% to 60%," said Paul Antoni...Read More

Zimbabwean miner RioZim is suing the country's Reserve Bank for $92 million, in a move intended to force it pay for more of its gold purchases from the company in US dollars.The company operates three gold mines, a nickel refinery and holds a minority stake in the Rio Tinto-run Murowa Diamonds. RioZim claims the bank is not paying enough for its products in American currency, as promised, which...Read More

Zimbabwean miner RioZim is suing the country's Reserve Bank for $92 million, in a move intended to force it pay for more of its gold purchases from the company in US dollars.The company operates three gold mines, a nickel refinery and holds a minority stake in the Rio Tinto-run Murowa Diamonds. RioZim claims the bank is not paying enough for its products in American currency, as promised, which...Read More

* U.S. crude stocks rise more than expected -EIA* Fearing a glut, OPEC pushes for supply curb* Trump praises Saudi Arabia for helping to lower oil prices (New throughout, updates prices, market activity and comments to settlement)By Stephanie KellyNEW YORK, Nov 21 (Reuters) - Oil prices rose about $1 a barrel a barrel on Wednesday, bouncing from the lowest levels in months, after U.S. government d...Read More

* NSE index down 0.53, BSE index down 0.77 pct* Nifty IT index end 2.8 pct lowerNov 21 (Reuters) - Indian shares ended lower on Wednesday in line with broader Asian markets, weighed down by a renewed bout of selling on Wall Street overnight that mounted uncertainty about global economic growth.The broader NSE index .NSEI closed 0.53 percent lower at 10,600.05, while the benchmark BSE index .BSESN...Read More

Investing.com - U.S. crude oil inventories rose more than expected last week, paring earlier price gains as the larger-than-forecast build reinforced concerns of oversupply.The EIA data showed that crude oil inventories increased by 4.85 million barrels in the week to Nov. 16.That was compared to forecasts for a stockpile build of 2.50 million barrels, after a build of 10.27 million barrels in the...Read More

Drilling Belmont's Kibby Basin lithium prospect in Nevada. Source Belmont Resources Inc.Belmont Resources Inc. [BEA-TSXV, L3L1-FSE] said Thursday November 22 that it is poised to commence drilling at its Kibby Basin lithium brine project in Nevada, likely after the Thanksgiving holiday.The company said drill hole KB-4 will target a prominent structure within the large MT (magnetotelluric) anomaly...Read More

Drilling NexGen Energy's Rook 1 property in the Saskatchewan's Athabasca Basin. Source: NexGen Energy Ltd.NexGen Energy Ltd. [NXE-TSX, NYSE] on Thursday November 22 released geotechnical and radioactivity results for 29 drill holes that targeted the company's 100%-owned Rook 1 uranium property in northern Saskatchewan's Athabasca Basin.The announcement follows a prediction by Uranium Energy Corp....Read More

Full Article: Freezing Temperatures Could Heat Up Natural Gas PricesBy: Frank HolmesHere in San Antonio, the temperature hit a bone-chilling low of 27 degrees last Wednesday, breaking a 102-year-old record for mid-November. An out-of-state visitor, Cornerstone Macro's Head of Portfolio Insights Stephen Gregory, speculated that the Central Texas temperature, ordinarily mild this time of year, was...Read More

(IDEX Online) - The winter edition of the Vicenzaoro show will take place from January 18-23, said organizers the Italian Exhibition Group S.p.A. (IEG).   The first major tradeshow of the year, it is regarded as setting the scene for upcoming jewelry trends and as a showcase for the launch of leading jewelry brands' latest creations, said the IEG.   Exhibitors are divided in relation to...Read More

(IDEX Online) - India's polished diamond exports rose by 19.4% on the year in October, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC).   Exports of cut and polished goods totaled $2.31 billion compared with $1.93 billion in October 2017.   Imports of polished stones dropped 33.1% on the year to $92.1 million in October.   Total ge...Read More

A R200-million electrical infrastructure project has been impressively completed at the Cullinan diamond mine of the London-listed Petra Diamonds through the combined effort of four Zest WEG Group companies. The companies adopted an integrated solutions approach in providing multiple and diverse energy packages on surface and underground to power the celebrated 116-year-old mine well into the futu...Read More

This translated to full diluted earnings per share of €0.022 per share, down from €0.023/share a year ago.Profits after tax for the January-September period almost doubled to €27.6 million, up from €14.5 million a year ago, with fully diluted earnings for the period at €0.20/share, up from €0.12/share a year ago.The copper miner reported quarterly revenues of €42...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThose that rocked up were also treated to a rundown by some Brazilian guys on the assets OZ picked up with the $418 million acquisition of Avanco in March, and an update on the pathway to a development decision on the $730-800 million West Musgrave joint venture.Those that attended have been reporting back that nothing material was...Read More

Kyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalBased on a US$3 per pound copper price and $1,300/oz gold, the study calculated an after-tax net present value, at an 8% discount rate, of US$2 billion (C$2.6 billion) and an internal rate of return of 18.6%."Long-term copper fundamentals are strong, and the global project pipeline is at multi-decade lows. We...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 mineralsGlobal equity markets had started to wobble in the early weeks of 2018 with a nine-day drop of 9% after a n...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 mineralsI do love a good car-boot sale. Early Sunday morning, coffee in hand, happy dog and moaning children a...Read More

Mirasol Resources (TSXV: MRZ; US-OTC: MRZLF) is about to do something it doesn't do often: drill one of its own projects.The Argentina and Chile focused precious metals project generator is in the middle of a $4.5 million exploration initiative at its gold-silver-copper projects in Chile and Nico gold-silver project in Argentina. It intends to spend $1.51 million exploring Nico alone, which it's c...Read More