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

Pan American's Dolores gold-silver mine in Chihuahua, Mexico. Source: Pan American Silver Corp.Pan American Silver Corp. [PAAS-TSX, NASDAQ] on Monday June 4 said the security situation at its Dolores Mine in Chihuahua, Mexico is improved following increased patrols and enforcement by Mexican Authorities.Road transport of diesel fuel, cement and other supplies to the mine has now resumed. The comp...Read More

Diamond drilling on GGX Gold's Gold Drop property near Greenwood, southern British Columbia. Source: GGX Gold Corp.GGX Gold Corp. [GGX-TSXV; GGXXF-OTC] on Monday June 4 said it has completed two diamond drill holes on the COD vein, located on the SouthWest Zone at the company's Gold Drop property in southern British Columbia.GGX Gold shares advanced on the news, rising 4.35% or $0.005 to 12 cents...Read More

Via Sovereignman.comBangkok Thailand- We've all seen the headlines: the middle class in the United States (and much of Europe for that matter) has been in decline for years.CNN May 18, 2018: "Almost half of US families can't afford basics like rent and food"Marketwatch June 2, 2018: "50 million American households can't even afford basic living expenses"Wall Street Journal February 13, 2018 : "US...Read More

The measured resource estimate was increased by 56%, with the overall measured and indicated resource up 12% to 5.71 million tonnes containing 381,000 ounces of gold at 2.08g/t, based on a 1g/t cut-off grade.Singida now has a total project resource of 12.4 million tonne containing 725.000oz at 1.84g/t, including an inferred resource of 6.57Mt containing 344,000oz at 1.63g/t.Shanta said only two of...Read More

Glenn Kondo has joined Orca after being announced as CFO at Strongbow Exploration in March but not making it to the June 1 start date.Before that, he served in the same role at fellow Lukas Lundin-linked company Lucara Diamond Corp.Orca CEO Rick Clark said Kondo's experience in the team that brought the Karowe mine to production would be helpful as his company developed the Block 14 gold project.O...Read More

Garibaldi, fellow BC Golden Triangle explorer Metallis Resources, Manitoba lithium explorer QMC Quantum Minerals Corp, Western Australia conglomerate gold sensation Novo Resources, and Idaho gold explorer Integra Resources all started June with stock prices 35% or more below their 52-week highs.But they led the market for overall gains in the 12 months to June 1, rising 369% or more for the period...Read More

Gold bulls extraordinaire at Incrementum AG have laid out a major case for gold company investors to make big gains over the next few years in their latest, ‘In Gold We Trust' report.Read More

The US$10.5 million JV over Hammer's Overlander, Even Steven and Dronfield iron oxide-copper-gold targets was signed in late 2015, with Newmont having the potential to earn up to 80%.Read More

The assets include the Mount Block exploration tenement, an access easement and the Que River mine lease as well as the remaining base metal exploration and development rights on the Hellyer polymetallic mine lease, in Tasmania's west.NQ Minerals agreed to acquire the package with a view to starting gold production from Hellyer later this year.Bass first announced the deal in May 2017, with the in...Read More

Consolidated Mining and Civil (CMC), which is already a profit sharing partner at the Portia gold mine, will pay $13.5 million in staged cash payments over 18 months and replace rehabilitation obligation funding of $1.2 million.Read More

Executives at Sweden's Epiroc will present at a number of institutional events in the coming weeks, ahead of and after its scheduled June 18 public listing (and separation from Atlas Copco). Their main focus will be financial and market data released at last week's inaugural Epiroc Capital Markets Day, but there will be plenty of questions about longer-term growth prospects within and outside the...Read More

(IDEX Online) - Royal Asscher Diamond Company has opened its first Amsterdam boutique in partnership with leading Dutch retailer Schaap Citroen.   The new store is situated in Amsterdam's premium shopping area, PC Hooftstraat 142.   Edward, Lita and Mike Asscher joined the Martens family - owners of Schaap Citroen - to celebrate the opening with friends, clients and a ribbon cutting cer...Read More

Aim- and TSX-V-listed Mkango Resources has started a major diamond drilling programme at its Songwe Hill rare earths project, in Malawi.The drilling programme, the Canadian mineral exploration and development company explained, is a key component of the feasibility study for Songwe, which is being fully funded by Noble Group subsidiary Talaxis.AdvertisementThe drilling programme is for a minimum o...Read More

SHANGHAI, Jun 4 (SMM) – Most nonferrous metals weakened on Monday June 4 except for SHFE copper and aluminium. SHFE tin fell 2%, zinc closed 0.62% lower, and lead and nickel inched down. The ferrous complex dipped across the board as coke led the loss with a drop of nearly 3.5%. Iron ore, coking coal, and hot-rolled coil fell over 1%, and rebar edged down. Copper: SHFE 1807 co...Read More

SHANGHAI, Jun 4 (SMM) – Most nonferrous metals weakened on Monday June 4 except for SHFE copper and aluminium. SHFE tin fell 2%, zinc closed 0.62% lower, and lead and nickel inched down. The ferrous complex dipped across the board as coke led the loss with a drop of nearly 3.5%. Iron ore, coking coal, and hot-rolled coil fell over 1%, and rebar edged down. Copper: SHFE 1807 co...Read More

SHANGHAI, Jun 4 (SMM) – Most nonferrous metals weakened on Monday June 4 except for SHFE copper and aluminium. SHFE tin fell 2%, zinc closed 0.62% lower, and lead and nickel inched down. The ferrous complex dipped across the board as coke led the loss with a drop of nearly 3.5%. Iron ore, coking coal, and hot-rolled coil fell over 1%, and rebar edged down. Copper: SHFE 1807 co...Read More

SHANGHAI, Jun 4 (SMM) – A nickel sulphate plant in Guangxi province was ordered to suspend for rectification as of Monday June 4, SMM learned. This is likely to reverse the domestic oversupply of nickel sulphate in the short term.  The plant accounted for 10% of domestic nickel sulphate output in China.The shutdown, likely to last for at least a month, followed after offi...Read More

SHANGHAI, Jun 4 (SMM) – A total of 226 metal and nonmetal mines in Tangshan, Hebei province are required to suspend operation until they obtain a valid "safe production licence", or renew their licences, according to a municipal government notice released on Sunday June 3.The suspension is likely to further tighten supplies of iron ore concentrate in Tangshan and sup...Read More

SHANGHAI, Jun 4 (SMM) – A total of 226 metal and nonmetal mines in Tangshan, Hebei province are required to suspend operation until they obtain a valid "safe production licence", or renew their licences, according to a municipal government notice released on Sunday June 3.The suspension is likely to further tighten supplies of iron ore concentrate in Tangshan and sup...Read More

SHANGHAI, Jun 4 (SMM) – China’s copper scrap imports are likely to remain at low levels in May as Chinese authorities imposed broad-based inspections on all scrap materials from the US from May 4, SMM believed.China imported 180,000 mt of copper scrap in April, down 36.7% year on year and 19.3% month on month, according to data from Chinese Customs. This marked a third l...Read More