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

Russian diamond miner Alrosa has marked the official start of diamond mining operations at the Verkhne-Munskoye diamond field, which will produce about 1.8-million carats a year for the next 20 years, replacing capacity from the flooded Mir mine.Verkhne-Munskoye will be using the processing plant of the Udachny mining and processing division, which is about 170 km away. Alrosa has constructed a se...Read More

Today we return to bedrock economics... and consider "the seen versus the unseen."The latest government report claims third-quarter GDP expanded at a 3.5% rate, annualized.Combined with the second quarter's 4.2%, the results are the strongest consecutive quarters in four years.In all, Commerce Department data reveal the U.S. economy has expanded at nearly 3% since April last.The Wall Street Journa...Read More

Peak Power COO Matt Sachs proposes energy cost savings solutions at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.Read More

G?(C)oM?(C)gA president and CEO Kiril Mugerman discusses the prospect of producing rare earth elements (REEs) in Canada for the magnet industry via clean mining and processing practices. This presentation was part of the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.Read More

A new investment mandate for the Northern Australia Infrastructure Fund (NAIF) is helping more major projects get off the ground sooner, according to NAIF Executive Director Peter Ross.Speaking at the International Mining and Resources Conference 2018 (IMARC) in Melbourne, Mr Ross said the Fund's investment mandate, introduced in April, was significantly more flexible."We are now able to provide u...Read More

With $350 billion to spend in the next five years, China's One Belt One Road - the massive push for a new 'Silk Road' - offers huge opportunities for the Australian resources sector.This was the key message to Australian businesses from Matt Schofield, lead partner of ShineWing Australia, who presented on the prospects for Australian business at Melbourne's landmark International Mining and Resour...Read More

Mining needs to embrace its role as an agent of change for good - and tell the story of how it does this better - if it wants to continue to compete for investment dollars and talent in the future, according to International Council of Mining and Metals CEO Tom Butler.Speaking at the International Mining and Resources Conference 2018 in Melbourne, Mr Butler said there was overwhelming evidence tha...Read More

While automation is often seen as a silver bullets that can solve a range of mining's problems, for Roy Hill's Christine Eriksen automation is actually a holistic approach with the majority of the time, effort and funds to be invested in changing in the people working with the technology on the frontline."You realised that silver bullet approach solely based on technology wasn't going to work. Tha...Read More

Within the highly competitive and capital-intensive mining sector, crowdsourced technology-driven solutions to some of the industry's most challenging problems are being unearthed.From its Melbourne head office, one of the world's largest gold mining companies, Newcrest Mining, has partnered with Unearthed Solutions to deliver an online platform that utilises the global collective wisdom of 'the c...Read More

The global mining sector's comeback signalled great expectations-improved employment, wages and economic wealth. However, the windfall will be short lived according to Peter Bryant, managing partner of Chicago-based strategic growth firm Clareo.Speaking at the International Mining and Resources Conference, Bryant said if miners want a new era of prosperity they must upend the traditional approach...Read More

India has done a bilateral forex swap agreement with Japan and China separately. China has done a forex swap agreement with Japan. Forex swap agreement between large nations like India, China and Japan will result in more and more nations copying them. Net result is a decline in the US dollar share in global trade and a decline in the purchasing power of the US dollar. Gold will be a medium of s...Read More

India has done a bilateral forex swap agreement with Japan and China separately. China has done a forex swap agreement with Japan. Forex swap agreement between large nations like India, China and Japan will result in more and more nations copying them. Net result is a decline in the US dollar share in global trade and a decline in the purchasing power of the US dollar. Gold will be a medium of s...Read More

Yes - cash is back. Once again people who don't want to take on the risks of the stock market or the bond market or the gold market or any other market - and just want a reasonable rate of return on their savings without having to worry - are starting to feel some love. Interest rates on two-year certificates of deposit or CDs - not quite "cash," but pretty close - have just cracked 3% for the fir...Read More

Arizona prospector John Waddell realizes he's lucky to be alive after surviving a days-long ordeal at the bottom of an old abandoned mine shaft in the desertRead full newsRead More

Consumer confidence hit an 18-year high for OctoberStocks held onto big gains throughout today's session, thanks to a slew of positive corporate earnings and reduced trade anxieties. The Dow finished up over 430 points, aided by well-received quarterly results from Coca-Cola (KO). Meanwhile, the China tariff fears that triggered yesterday's sharp pivot lower were assuaged today after President Don...Read More

Report says air pollution is having a devastating impact on children worldwide, storing up a public health time bombRead full newsRead More

GE shares are now unchanged since 1995...Read full newsRead More

The International Council on Mining and Metals (ICMM) and leading suppliers have announced an ambitious plan to make mining vehicles cleaner and safer during the International Mining and Resources Conference (IMARC) in Melbourne, Australia.Following two innovation summits between ICMM members and suppliers, a governance model for collaboration has been designed and working groups have been estab...Read More

The International Council on Mining and Metals (ICMM) and leading suppliers have announced an ambitious plan to make mining vehicles cleaner and safer during the International Mining and Resources Conference (IMARC) in Melbourne, Australia.Following two innovation summits between ICMM members and suppliers, a governance model for collaboration has been designed and working groups have been estab...Read More

The International Council on Mining and Metals (ICMM) and leading suppliers have announced an ambitious plan to make mining vehicles cleaner and safer during the International Mining and Resources Conference (IMARC) in Melbourne, Australia.Following two innovation summits between ICMM members and suppliers, a governance model for collaboration has been designed and working groups have been estab...Read More