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 14 (Reuters) -For other diaries, please see:Top Economic EventsM/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt AuctionsD/DIARYPolitical and General NewsPOL/DIARYU.S. Federal ReserveFED/DIARYToday in WashingtonWASH/DIARY ----------------------------------------------------------- This Diary is filed daily. ** Indicates new events -----------------------------------------------...Read More

Nov 13 (Reuters) -For other diaries, please see:Political and General NewsPOL/DIARYTop Economic EventsM/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt AuctionsD/DIARYU.S. Federal ReserveFED/DIARYToday in WashingtonWASH/DIARY----------------------------------------------------------- This Diary is filed daily. ** Indicates new events ------------------------------------------------...Read More

Junior gold miner Continental Gold (TSX:CNL), which is developing the Buritica project in northwestern Colombia, has been roughly handled by the market in the wake of an attack on its employees in late September 2018, which saw three tragically murdered. The miner has seen its stock plummet by over 40% for the year to date because of growing market fears that the degree of geopolitical risk in Col...Read More

When a stock that was tumbling like there's no tomorrow opens almost 45% higher one day, you know there's a big story playing out there. Investors in the beleaguered silver mining company, Tahoe Resources Inc. (TSX:THO)(NYSE:TAHO) woke up this morning to a similar experience: The stock's up a staggering 46% to $4.20 as of the time of writing. Thank bigger rival Pan American Silver Corp. (TSX:PAAS...Read More

Gold has once again pulled back sharply in recent weeks to be trading at around US$1,200 an ounce, which sees it down by around 9% for the year to date. Many gold miners have declined in value as the yellow metal's price weakened to see the Van Eck vectors Junior Gold Miners ETF down by 25% over the same period. One junior gold miner that has bucked that trend is Lundin Gold Inc. (TSX:LUG), which...Read More

Speaking at the Technology and Low Emission Minerals Conference in Perth, Bannerman chief executive officer Brandon Munro presented his company's strategy to take advantage of the early stages of a uranium bull market.He outlined the key factors investors need to look for to catch easy asymmetrical value at the beginning of a boom, noting the importance of a project's strategic appeal to sovereign...Read More

Escobal Mine in Guatemala. Source: Tahoe Resources Inc.Pan American Silver Corp. [PAAS-TSX, NASDAQ] said Wednesday November 14 that it has agreed to acquire Tahoe Resources Inc. [THO-TSX, NYSE] in a US$1 billion transaction that will create the world's largest premier silver mining company.Under the agreement, shareholders of Tahoe can elect to receive US$3.40 in cash or 0.2403 Pan American commo...Read More

One of the exploration drill rigs targeting Kamoa-Kakula-style copper mineralization at Makoko on Ivanhoe's 100% owned Western Foreland exploration licences.Ivanhoe Mines Ltd. [IVN-TSX; IVPAF-OTC] said Wednesday November 14 that the latest drilling results have expanded its Kamoa North copper discovery in the Democratic Republic of Congo.Ivanhoe shares rallied on the news, rising 4.44% or 11 cents...Read More

VANCOUVER - Pan American Silver Corp. has signed a deal to acquire Tahoe Resources Inc. in a stock-and-cash deal it valued at more than US$1 billion.Under the friendly agreement, Tahoe shareholders will receive US$3.40 in cash or 0.2403 Pan American shares for each Tahoe share. The maximum cash available under the offer is US$275 million and there are 56 million Pan American shares available.Taho...Read More

2018-11-14 08:46 ET - News ReleaseMr. Edgar Montero reportsCHEMESIS INTERNATIONAL INC. SIGNS EXCLUSIVE LICENSING DEALChemesis International Inc. has entered into a multiyear licensing deal with Kevin Smith and Jason Mewes (also known as Jay and Silent Bob) for the development and promotion of cannabis products in the United States, including flower, oils, extracts, prerolls, cones, edibles and oth...Read More

VANCOUVER, BRITISH COLUMBIA / November 14, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) and engineering subsidiary PurLucid Treatment Solutions Inc. ("PurLucid") are pleased to announce they have received notice of publication of its patent for a new method to produce boiler feed water using low energy water treatment. The technology will facilitate using...Read More

(IDEX Online) - Christie's sold the 18.96-carat Winston Pink Legacy, the largest and finest fancy vivid pink diamond it has ever auctioned, for $50,375,000, a world auction record price per carat for a pink diamond of $2,656,909.   The November Luxury sales in Geneva raised $126,312,257, with registered bidders from 51 countries from six continents participating in the Magnificent Jewels sale...Read More

The Prospectors and Developers Association of Canada (PDAC) has announced the winners of its yearly awards, which recognise the work of international and domestic leaders in the mineral exploration and mining community.The Bill Dennis award went to Peregrine Diamonds, which discovered the Chidliak diamond district, near Iqaluit on Baffin Island. Exploration programmes and engineering studies compl...Read More

(IDEX Online) - Ben Bridge Jeweler, the family-run fine jeweler with 95 retail stores in 11 states and one Canadian province, announced that Chairman and CEO Ed Bridge is retiring as of January 31, with company President and COO Lisa Bridge becoming President and CEO.   Having served as the first female President of Ben Bridge Jeweler, Lisa Bridge will now continue her service as the fifth g...Read More

(IDEX Online) - ALROSA sold 119 large special size rough diamonds (over 10.8 carats) with a total weight of 1,890 carats for $10.3 million at the final auction of the year in Vladivostok.   The company said that 26 companies from global diamond trading centers secured goods at the sale.   "Since the beginning of 2018, we held four auctions there, including the last one, gaining almost $...Read More

GENEVA – The "Pink Legacy", a diamond weighing just under 19 carats, fetched a record 50.375-million Swiss francs ($50-million), purchased by US-based luxury jeweller Harry Winston, Christie's said on Tuesday.Harry Winston, owned by Swatch whose CEO is Nayla Hayek, daughter of the late Swatch founder Nicolas Hayek, promptly renamed it "The Winston Pink Legacy", adding...Read More

Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesThe scale of the Frisco project is demonstrated by the two systems that "book end" it - the large copper-zinc-lead-gold-silver bearing skarn at Accrington which measures up to 4km-by-2km, and the cluster of copper-gold-silver breccia pipes at Cactus over 5km to the north.With exploration continuing to demonstrate strong mineralisation at...Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipDR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftKyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalThe headline intercept was 500.3m at 2.19g/t gold-equivalent, or 0.8g/t gold, 0.66% copper and 2.24g/t...Read More

Kyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalThe Toronto-based company said its improved performance was owing to a trebling of gold production from its 100%-owned Beta Hunt mine, in Western Australia, to 31,360 ounces, helping push sales for the quarter up 175% 23,805oz.But RNC said it had generated more than $10 million EBITDA in the third quarter, an...Read More

Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesThe LME spot price has tumbled from US$7,330.50 a tonne on June 7 to less than $5,800/t in mid-August, recovering to last trade at $6,088.50/t.Tariffs and the need for copper mine investment are among the challenges facing the copper industry, Reuters reported, with two China-based traders saying they had seen strong physical buying of c...Read More