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

Great Bear Resources (TSXV: GBR) announced that it completed a series of payments aimed at gaining 100% royalty-free interest in its flagship Dixie gold project.The 9,140-hectare project is located in the Red Lake district in western Ontario, a place that has produced over 30 million ounces of gold. Goldcorp's Red Lake Gold Mine is located in the area.In a media statement, Great Bear explained tha...Read More

Canada's Nevsun Resources (TSX, NYSEMKT:NSU) said Tuesday that Zijin Mining had received approval from Chinese and Canadian authorities for its proposed friendly $1.41 billion-takeover bid of the Vancouver-based miner.Both the go-ahead granted by China's State Administration of Foreign Exchange (SAFE) and the support by the Canadian Investment Canada Act (ICA), said Nevsun, were the final regulat...Read More

Canada's Nevsun Resources (TSX, NYSEMKT:NSU) said Tuesday that Zijin Mining had received approval from Chinese and Canadian authorities for its proposed friendly $1.41 billion-takeover bid of the Vancouver-based miner.Both the go-ahead granted by China's State Administration of Foreign Exchange (SAFE) and the support by the Canadian Investment Canada Act (ICA), said Nevsun, were the final regulat...Read More

Canada's Nevsun Resources (TSX, NYSEMKT:NSU) said Tuesday that Zijin Mining had received approval from Chinese and Canadian authorities for its proposed friendly $1.41 billion-takeover bid of the Vancouver-based miner.Both the go-ahead granted by China's State Administration of Foreign Exchange (SAFE) and the support by the Canadian Investment Canada Act (ICA), said Nevsun, were the final regulat...Read More

Africa-focused Perseus Mining (ASX,TSX:PRU) said Tuesday that drill results from the Esuajah Gap deposit at its Edikan gold mine in Ghana show the asset contains "significant" mineralized granite bodes well for a productive life extension.While Edikan currently has only six years of resources left, the company believes the mine life could be extended by tapping into the Esuajah Gap discovery.Based...Read More

Africa-focused Perseus Mining (ASX,TSX:PRU) said Tuesday that drill results from the Esuajah Gap deposit at its Edikan gold mine in Ghana show the asset contains "significant" mineralized granite bodes well for a productive life extension.While Edikan currently has only six years of resources left, the company believes the mine life could be extended by tapping into the Esuajah Gap discovery.Based...Read More

Africa-focused Perseus Mining (ASX,TSX:PRU) said Tuesday that drill results from the Esuajah Gap deposit at its Edikan gold mine in Ghana show the asset contains "significant" mineralized granite bodes well for a productive life extension.While Edikan currently has only six years of resources left, the company believes the mine life could be extended by tapping into the Esuajah Gap discovery.Based...Read More

* RBI to extend capital conservation buffer deadline for banks* RBI agrees on restructuring of loans to small firms -sources* RBI board meeting was cordial and satisfactory -sources* Meeting follows public rift between cenbank, govt (Updates to add detail, quotes, background)By Suvashree Choudhury and Manoj KumarMUMBAI/NEW DELHI, Nov 19 (Reuters) - The board of India's central bank advised it to a...Read More

* OPEC expected to cut supply to prevent glut* Russia says it will discuss deal with OPEC on Dec. 6* EU endorses France's Iran sanctions -diplomats* U.S. oil drilling points to more output: https://tmsnrt.rs/2Q97LFW (Updates with settlement prices)By Jessica Resnick-AultNEW YORK, Nov 19 (Reuters) - Crude futures rose ahead of settlement in choppy trade on Monday, supported by a reported drawdown o...Read More

Nov 19 (Reuters) - Indian shares ended higher on Monday as investors awaited an outcome of a central bank board meet with the government on key issues related to liquidity, lending rules for banks and handing over surplus reserves to the government.The broader NSE index .NSEI closed 0.76 percent higher at 10,763.40, while the benchmark BSE index .BSESN rose 0.9 percent to close at 35,774.88. Both...Read More

(For a live blog on European stocks, type LIVE/ in an Eikon news window)LONDON, Nov 19 (Reuters) - European shares started the week on the front foot, against spreadbetters' early expectations for a fall, as signs of an easing in U.S.-China trade war tensions boosted mining and technology stocks.Miners drove the lion's share of gains in Europe, with the basic resources sector .SXPP up 1.2 percent...Read More

Cameco (TSX:CCO)(NYSE:CCJ) can never catch a break.The beleaguered uranium miner has been stuck on a cliff over the past few years, as depressed uranium demand and a glut in the supply of uranium that is available on the market continue to keep both demand and prices at lows.Uranium is the primary fuel used in nuclear reactors, which developing economies around the world are turning to as a means...Read More

Peninsula Energy Ltd (ASX:PEN) director Mark Wheatley has demonstrated his confidence in the company's uranium strategy by acquiring shares on-market.The non-executive director has this week purchased 47,496 shares with a total value of more than $10,000.This purchase takes his overall holding in the uranium producer to 103,852 shares.READ: Peninsula Energy's managing director adds to shareho...Read More

Examining diamond drill core from one of Osprey Gold's projects in Nova Scotia. Source Osprey Gold Development Inc.Osprey Gold Development Inc. [OS-TSXV] was an active trader Tuesday November 20 after the company released assay results from previously unsampled core from its Caribou Gold Project in Nova Scotia.Results released Tuesday include assays form seven holes sampled from four key areas. A...Read More

Drilling the Tatogga property in B.C.'s Golden Triangle. Source: GT Gold Corp.GT Gold Corp. [GTT-TSXV; GTGDF-OTC] released assay results from the latest two holes from the Saddle North discovery at its wholly-owned Tatogga property in northwest British Columbia's Golden Triangle area.The shares sank on the news, falling 34.16% or $0.55 to $1.06 on volume of 3.15 million.The company said results fr...Read More

(IDEX Online) - Gemfields has announced auction revenues of $28.4 million from a November 14-17 sale of higher quality rough emeralds held in Singapore.   The company recorded an average price of $68.03 per carat, with 40 companies placing bids and 74% of the goods offered being sold, a significant improvement on the results of the last such auction held last May.   The 30 auctions of g...Read More

Diamond miner De Beers sold $440-million worth of rough diamonds during the ninth sales cycle of this year.This is lower than the $475-million worth of diamonds sold in the eighth cycle of the year, as well as the $503-million worth of diamonds sold in the seventh cycle.AdvertisementDe Beers sold $466-million worth of rough diamonds in the ninth cycle of 2017.The sales are based on global sightho...Read More

(IDEX Online) - The Israel Diamond Institute (IDI) said it is optimistic as it prepares for the November 29-December 2 Hong Kong International Jewelry Manufacturers' Show at the Hong Kong Convention & Exhibition Centre.   IDI said that positive expectations are based on rising demand in Hong Kong and other Asian markets, and an anticipated increase in activity before the Chinese New Year...Read More

(IDEX Online) - VOD Dubai International Jewellery Show (VOD DIJS), organized by DV Global Link, a joint-venture company between Dubai World Trade Centre (DWTC) and the Italian Exhibition Group (IEG), hosted local, regional and international exhibitors from 21 countries, showcasing over 25,000 jewelry pieces and holding valuable trade and consumer lifestyle events.   VOD DIJS said next year's...Read More

(IDEX Online) - De Beers sold rough diamonds with a provisional value of $440 million in the ninth sales cycle (Global Sightholder Sales and Auction Sales) of 2018.   The sales figure is the lowest sales figure reported by the miner so far this year and the second consecutive sale below the $500 million mark.   The miner reported confirmed sales of $482 million in the eighth cycle, compa...Read More