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

Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM") is pleased to announce its latest commercial partnership with Indoor City Farm, Your Local Greens, Inc.Utilizing the latest LED grow light technology from Phillips Horticulture, Your Local Greens plans to become a key player in the post-organic Indoor City Farming space. With only 3% waste, 90% less water...Read More

Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") is pleased to announce that the Company sold 80,000 tonse of frac and industrial sands during Q3 2018 which is within the Company's previous guidance (see press release dated September 4, 2018) of between 65,000 to 95,000 tons.Further to this sales update, the Company is providing the below highlights of its cur...Read More

* U.S. crude stocks up, gasoline, diesel inventories down -EIA* Saudi assurance on oil supplies, economic worries weigh* Two China state refiners to skip Iran oil bookings for Nov* Brent ends lower, U.S. futures up modestly (Adds additional details, quotes, updates prices to settlement, adds volume)By David GaffenNEW YORK, Oct 24 (Reuters) - Oil prices rose modestly on Wednesday, rebounding after...Read More

MUMBAI, Oct 24 (Reuters) - The Indian rupee strengthened to a three-week high on Wednesday morning, aided by a sharp fall in global crude oil prices overnight, while expected gains in local shares also helped sentiment. O/RThe partially convertible rupee INR=D2 was trading at 73.22/23 per dollar at 0340 GMT, compared with its previous close of 73.5750 and after earlier touching 73.10 in opening de...Read More

* Asian stock markets : https://tmsnrt.rs/2zpUAr4* Nikkei futures point to opening drop around 600 points* Wall St suffers worst one-day fall since 2011* Chip stocks hammered amid earnings, economic worries* Bonds rally on safety bid, US dollar and yen in demandBy Wayne ColeSYDNEY, Oct 25 (Reuters) - Asian share markets face a rough ride on Thursday after a tumble in technology stocks inflicted th...Read More

Investing.com - Gold prices slipped from three-month highs on Wednesday as weakness in the euro and sterling pushed the dollar to nine-week highs.At 9:09 AM ET (13:09 GMT), gold futures for December delivery on the Comex division of the New York Mercantile Exchange fell $1.20, or 0.10%, to $1,232.20 a troy ounce, backing away from $1,237.80 reached on Tuesday amid simmering geopolitical tensions.M...Read More

(Adds company news items, futures)Oct 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 69 points higher on Wednesday, according to financial bookmakers, with futures up 0.4 percent ahead of the cash market open.* BARCLAYS: Barclays BARC.L reported a profit before tax of 3.1 billion pounds ($4.02 billion) for the third quarter, as its under-pressure investment banking division booked...Read More

Despite beating average Wall Street analyst forecasts for third-quarter earnings per share and revenue, no material news on progress with the Indonesian government regarding its long-term Grasbe...Read More

While investing in gold stocks has pretty much been a losing proposition in the last five years and more, things are changing.The market is clearly more skittish, with major market indexes seeing big selling pressure.As I know you are well aware of, on October 9, the S&P/TSX Composite began a sell-off that spooked investors, leaving us wondering if this is the sell-off we have been waiting fo...Read More

#4 Zone Manto: flat-lying sulphide mantos in carbonates. Source: Sun Metals Corp.Sun Metals Corp. [SUNM-TSXV] shares rallied Thursday after the company released impressive drill results from its Stardust project in northcentral British Columbia.The company announced that drilling into a new extension of the Canyon Creek Skarn zone at the Stardust project has returned the thickest and richest miner...Read More

VANCOUVER - Teck Resources Ltd. reported a profit of $1.3 billion in its third quarter, boosted by the sale of the Waneta Dam.The miner says the profit amounted to $2.23 per share for the three months ended Sept. 30, compared with $584 million or $1.01 per share a year ago.Revenue totalled $3.2 billion, up from $3.1 billion.On an adjusted basis, Teck says it earned 81 cents per share for the quart...Read More

TORONTO - Barrick Gold Corp. says it's in talks with partners in China and Saudi Arabia on potential deals involving its copper assets as it looks ahead to its acquisition of Randgold Resources and an increased focus on African gold mines.Company chairman John Thornton said on a conference call that its copper assets are of high interest to the partners who may want to build serious copper compa...Read More

(IDEX Online) - World Federation of Diamond Bourses (WFDB) President Ernie Blom called on exchange presidents and members to join hands to boost the global presence of the trade organization at the conclusion, on Thursday, of the 38th World Diamond Congress at the Bharat Diamond Bourse (BDB). The WFDB is clearly the most important representative body in the global diamond trade, but needs to think...Read More

(IDEX Online) - Jewelers of America (JA), the national trade association for businesses serving the fine jewelry marketplace, will host the first annual Jewelers of America National Convention, an education-focused executive forum open to jewelry professionals. The Convention will take place July 28-29, 2019, in New York City.   "Engaging Jewelers of America's network of more than 8,000 jewe...Read More

(IDEX Online) - The wide range of challenges facing the global diamond industry were outlined by World Federation of Diamond Bourses (WFDB) President Ernie Blom in his keynote speech on the second day of the 38th World Diamond Congress on Wednesday.   From financing to generic marketing and the need to attract Millennial buyers to the impact of De Beers' Lightbox jewelry, maintaining co...Read More

PERTH (miningweekly.com) – Diamond miner Lucapa Diamond Company has secured a R100-million development facility from the Industrial Development Corporation of South Africa (IDC) for its Mothae kimberlite diamond mine, in Lesotho.The facility will span a four-year period, and will include a 12-month moratorium on capital repayments. Interest on the facility will be calculated at the Johannesb...Read More

(IDEX Online) - At the invitation of the Israel Diamond Exchange (IDE), Continental Buying Group (CBG) has brought its first buying mission to the Israeli bourse.   CBG is the largest independent jewelry organization in the United States, representing over 100 of the most successful independent jewelers in the country, the IDE said.   The eight-member delegation consisting of leading je...Read More

(IDEX Online) - The Responsible Artisanal Gold Solutions Forum, with USAID and local partners, has announced the first conflict-free artisanal gold from the Democratic Republic of the Congo (DRC) exported to U.S. jewelers.   Forum member Sasha Lezhnev, Deputy Director of Policy at the Enough Project, said, "This gold proves that it is possible to source conflict-free, responsible gold from Co...Read More

Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesKAZ produced 77,200 tonnes of copper in the quarter, up 2.5% year-on-year. For the first nine months of the year, output totaled 216,800t, climbing 12.2% on the year and keeping it on track to m...Read More

Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resources Nevsun also disclosed Wednesday that Zijin had met the first of three Chinese regulatory requirements needed for the deal to close.With the National Development and Reform Commission approval in hand, Zijin is still awaiting approval from the Ministry of Commerce. The two permits are required for Zijin to apply for final approval...Read More