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

A group of scientists has discovered one of the rarest minerals on Earth buried deep within what may be the largest-known meteorite impact crater in Australia.The ultra-rare mineral known as reidite was found by Curtin University researchers in the long buried Woodleigh Crater near Shark Bay, Western Australia, about 750 km. north of Perth.Reidite only forms in rocks that experience the incredible...Read More

A group of scientists has discovered one of the rarest minerals on Earth buried deep within what may be the largest-known meteorite impact crater in Australia.The ultra-rare mineral known as reidite was found by Curtin University researchers in the long buried Woodleigh Crater near Shark Bay, Western Australia, about 750 km. north of Perth.Reidite only forms in rocks that experience the incredible...Read More

Trump may be facing an uphill battle he can't win in 2020.He's a successful businessman who never held public office before winning the Presidency...He's coming into power after an electoral college landslide...And he did it by beating an out-of-touch New Yorker opponent.Once in office, he launches a vast trade war, promising to stand up for America's heartland, with 890 increased tariffs in total...Read More

The bull market could be nearing its end, and a new panic is approaching.The U.S. Mint just issued a troubling report.It appears that sales of physical gold and silver are in full collapse.At the Mint, U.S. Gold Eagle coins sold through August have dropped 18% compared to last year.And sales of U.S. Silver Eagle coins fell a whopping 32.6% in August 2018 compared to August 2017.What exactly is go...Read More

World's No.2 miner Rio Tinto (ASX, LON, NYSE:RIO) said Tuesday it will likely have to delay first production from the $5.3 billion underground expansion of its Oyu Tolgoi copper-gold-silver mine in Mongolia, originally scheduled for early 2020.Delivering third-quarter results, the miner said that while capital costs for the project remained in line with the overall budget, shaft-sinking challenge...Read More

World's No.2 miner Rio Tinto (ASX, LON, NYSE:RIO) said Tuesday it will likely have to delay first production from the $5.3 billion underground expansion of its Oyu Tolgoi copper-gold-silver mine in Mongolia, originally scheduled for early 2020.Delivering third-quarter results, the miner said that while capital costs for the project remained in line with the overall budget, shaft-sinking challenge...Read More

World's No.2 miner Rio Tinto (ASX, LON, NYSE:RIO) said Tuesday it will likely have to delay first production from the $5.3 billion underground expansion of its Oyu Tolgoi copper-gold-silver mine in Mongolia, originally scheduled for early 2020.Delivering third-quarter results, the miner said that while capital costs for the project remained in line with the overall budget, shaft-sinking challenge...Read More

NEW DELHI, Oct 15 (Reuters) - India's September trade deficit hit its lowest level in five months at $13.98 billion, the country's trade ministry said in a statement on Monday.The figure is despite a rising oil import bill for India, the world's third-biggest crude importer, amid concerns that U.S. sanctions against Iran next month would remove a substantial volume of crude oil from the world mark...Read More

* Tensions mount over disappearance of Saudi journalist* IEA cuts forecasts for oil consumption and demand for OPEC crude* Gasoline crack spread at weakest since February 2017 (Updates with settlement prices, adds commentary)By Stephanie KellyNEW YORK, Oct 15 (Reuters) - Oil prices steadied on Monday, supported by geopolitical tension over the disappearance of a Saudi journalist that has stoked wo...Read More

* Tensions mount over disappearance of Saudi journalist* IEA cuts forecasts for oil consumption and demand for OPEC crude* SocGen raises Brent forecast for fourth quarter (Updates throughout, changes dateline from BEIJING)By Christopher JohnsonLONDON, Oct 15 (Reuters) - Crude oil futures rose on Monday as geopolitical tensions over the disappearance of a prominent Saudi journalist stoked supply wo...Read More

Oct 15 (Reuters) - Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE) for local debt instruments as of October 12, 2018. COMPANYINSTRUMENTRATINGAMOUNT MOVEMENT(RS.MLN) ------------------------------ --------- SHORT TERM RATINGS: ------------------- Ambey Mining Pvt LtdST Bk FacCARE A12750Reaffirmed (enhanced from 200.0 Crore) B.G. Shirke Construction Technology PvCP-Proposed...Read More

Vancouver-based Northern Vertex Mining (TSXV: NEE) (US-OTC: NHVCF) has amended the terms of a loan and lined up two new sources of financing totalling US$13.6 million to improve cash flow at its newly producing Moss gold-silver mine in northwest Arizona.Vertex achieved commercial production at Moss on Sept. 1, 2018 - becoming the newest gold producer in the U.S. - and expects the open-pit, heap...Read More

Gold still has a place in many portfolios. During last week's market mayhem, the metal showed exactly why. While the rest of the market was melting down, gold jumped higher. Thanks to the built-in operational leverage enjoyed by most gold producers, these stocks saw their shares do even better than the price of gold. The old adage is true; spooked investors still take solace in precious metals.Don...Read More

High quality emeralds recovered from Fura's Coscuez Mine in Colombia. Photos courtesy Fura Gems Inc.When Princess Eugenie wore an emerald tiara at the latest royal wedding on October 13, 2018, she briefly highlighted an aspect of mining that doesn't get much attention.Hoping that will change is Dev Shetty, President and CEO of Fura Gems Inc. [FURA-TSXV; FUGMF-OTC; BJ43-FRA], a company that is focu...Read More

B2Gold's Fekola gold mine in Mali, West Africa. Source: B2Gold Corp.B2Gold Corp. [BTO-TSX; BTG-NYSE] shares have rallied sharply in recent days as investors anticipate better than expected production numbers in 2018 following an impressive third quarter.On October 10, 2018, the day before the company announced its production results for the third quarter, B2Gold shares opened at $3.08. By Octobe...Read More

Vancouver, BC - Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) provides further analytical results from the 2018 exploration drill program at the Forrest Kerr Property. Three holes totalling 1,153 meters have been completed in the newly discovered South Boundary Zone 1.5 km south of the strong precious metal mineralization delineated at the North Boundary Zone. These holes r...Read More

TORONTO - Canada's main stock index pushed higher in late-morning trading, helped by a broad-based rally led by the key energy sector, while U.S. stock markets surged higher.The S&P/TSX composite index was up 94.71 points at 15,504.18.In New York, the Dow Jones industrial average was up 317.67 points at 25,568.22. The S&P 500 index was up 33.30 points at 2,784.09, while the Nasdaq composite was up...Read More

(IDEX Online) - The 2018 CIBJO Congress opened yesterday (Monday) in the Colombian capital of Bogot??, with a strong focus on responsible sourcing in the jewelry industry.   This included the introduction of a Responsible Sourcing Guidance document, which will serve as a reference for responsible sourcing practices developed and applied by industry organizations and commercial bodies worldwi...Read More

(IDEX Online) - De Beers sold rough diamonds with a provisional value of $475 million in the eighth 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 which have all been above the $500 million mark.   The miner reported confirmed sales of $503 million in the seventh cycle, compared with a...Read More

(IDEX Online) - Rio Tinto reported that production was 19% lower on the year in the third quarter at its Argyle mine in Australia.                                             &nbs...Read More