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

Cameco Corp. (TSX:CCO)(NYSE:CCJ) has long been viewed as a great long-term investment with plenty of potential, assuming that uranium prices finally recover from their multi-year lows.That hope is beginning to gain support with investors and pundits alike, so let's take another look at whether Cameco is worthy of an investment.What happened to uranium prices?Uranium is primarily used as a fuel for...Read More

Visible gold in Hole OAX-17-168 at 197 m depth at Orenada Zone 4Alexandria Minerals Corp. [AZX-TSXV;ALDXF-OTC] said it is embarking on a new corporate direction that will feature non-dilutive financings, a re-focus on core assets and a new management team.The announcement follows the company's recent decision to terminate Alexandria's former CEO Eric Owens. In a February 14, 2018, press release th...Read More

CALGARY - Canada's oilsands industry, hard hit by a price storm this year, could be sailing straight into a pricing typhoon stirred up by new fuel standards for the international shipping industry.The tighter pollution rules by the International Maritime Organization, dubbed IMO 2020, are set to take effect Jan. 1, 2020, resulting in the sulphur content limit of "bunker" fuel on ships droppi...Read More

Ever since the Supreme Court ruled that the baker was within his rights to refuse to bake a wedding cake for a gay couple, I have been seeing memes and photos like these:Actually, you don’t even have to have religious beliefs against Trump. A court ruled last month that political beliefs were enough for a bar to deny service to a man wearing a Make America Great Again hat.As for the bakery d...Read More

Full Article: Which Is Developing A Bigger Bubble: Bitcoin Or The Stock Market?By: Avi GilburtBubbles in Nasdaq, bubbles in financial assets, bubbles in cryptos . . . bubbles are being reported everywhere. Moreover, more and more analysts are pointing to some financial crisis after another as each day goes by. Whether it is because of the cessation of QE, or because of the issues in Italy, or tra...Read More

As part of the prefeasibility study currently underway, the company has confirmed it will use sulphuric acid leaching to extract lithium and boron from crushed rock into a pregnant leach solution.Read More

The Sukhoi Log scoping study has arrived just over a year after Polyus took over majority control of the project.Read More

An ambitious 20,500m drilling campaign spread over 28 holes will test high-priority regional targets outside of the immediate Gryphon resource area will get underway this week. The campaign would also follow up on high-grade mineralisation and test geophysical anomalies on geologically favourable trends, the company said on Wednesday.Read More

The company said this morning that it had paid A4c (US3c) per share for a 15% stake in Atlas.Read More

According to a term sheet, Hexagon is aiming to place around 32 million shares at A19c per share to raise at least $6 million, but the company will consider placing an additional $1 million depending on interest.Cornerstone support has already been secured.The issue price for the placement is 19c per share, an 8% discount to the 10-day volume-weighted average price of Hexagon shares.Foster Stockbr...Read More

As part of the deal, Newfoundland-based technology start-up Acoustic Zoom will deploy a $150,000 pilot programme this summer at Goldcorp's Red Lake gold mines, in Ontario.Acoustic's innovative seismic technology impressed judges during a March gala event held on the fringes of the 2018 Prospectors & Developers Association of Canada's yearly convention, in Toronto, garnering the top prize.The f...Read More

Rio or RTZ as it has been there since 1995, having beaten what was its Australian-listed subsidiary CRA to the punch when Freeport went looking for funds to finance the development of Grasberg (grass mountain) after having first tamed the wild region with the development of the nearby Ertsberg (ore mountain) mine.Read More

He was one of the leading mining executives interviewed for the "Mining Journal Global Leadership Report: Preparing for transformation" which will be published later this month.Kerr, 47, said technology could create new employment opportunities and that presented new challenges."We need to think about talent management in the digital age, as the nature of work is set to change dramatically," he to...Read More

The South African diamond beneficiation market is no longer globally competitive, says rough and polished diamonds and precious stones trading association World Federation of Diamond Bourses president Ernest Blom. He tells Mining Weekly that the local diamond beneficiation industry has “shrunk significantly” from its historical global peak 20 years ago. He emphasises that, while the lo...Read More

(IDEX Online) - Signet Jewelers reported total sales were $1.5 billion, up 5.5%, in the 13 weeks ended May 5, its fiscal 2019 first quarter.   Total same store sales performance was down 0.1% versus the prior year quarter, however.   The firm reported a net loss of $496.6 million in the quarter, compared with a profit of $78.5 million in the year-earlier period due to a non-cash impairme...Read More

The implementation of enabling mining policies by government is key in safeguarding the South African diamond industry from further decline and a worrying contraction, says Global Diamond Network consultant Dr John Bristow. Bristow states that the local diamond mining industry is experiencing a “notable” decline in production, caused predominantly by unfriendly mineral policy and a neg...Read More

Diamond mining company De Beers Consolidated Mines (DBCM) has concluded the process of selecting six local black economic empowerment (BEE) partners as part of an impressive R600-million to R700-million, eight-year transport empowerment initiative at the Venetia diamond mine, in South Africa’s Limpopo province, where the Anglo American group company is at an advanced stage of investing $2-bi...Read More

Russian diamond mining major Alrosa announced on Thursday that it would hold auctions in Hong Kong and Vladivostok for large rough diamonds. The Hong Kong auction will start on June 13 and will run until June 27. The Vladivostok auction would start on June 18 and conclude on June 29. In both cases, the rough stones being auctioned will each weigh more than 10.8 ct.Both auctions are of gem quality...Read More

GABORONE – Botswana Diamonds (BoD) wants to buy liquidated BCL Mine's shares in a diamonds exploration joint venture project, its managing director said on Thursday.BCL mine group, which has been under liquidation since 2016, is selling its 51% stake in Maibwe Diamonds for an undisclosed amount.Advertisement"We have put in an offer to the liquidator of BCL and we hope to get a respo...Read More

The World Diamond Council (WDC) System of Warranties (SoW) has entered a public review period following the completion of an industry review.The SoW review and reform process is part of the WDC’s strategic plan and is intended to help industry participants better implement and demonstrate their commitment to responsible business conduct when buying or selling rough and polished dia...Read More