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

The group says modelling and optimisation of production processes as part of its Big Data strategic initiative was on track for completion this year. The two-year program of developing and implementing new "mathematical models" will underpin ongoing system improvement targeted via 16 projects being undertaken across the company's production divisions.MMK said about 65 million rubles (RUB) was spen...Read More

The whole experience was pretty much sensory overload...For a car nut like me.The screaming engines... the screeching tires... famous names like Ferrari, McLaren, and Lotus whizzing by at breakneck speeds.There's also the glamorous setting - replete with ultra-wealthy fans watching from their yachts, sipping champagne on private balconies overlooking the streets, and pulling up in their own exotic...Read More

Today is an important day for big U.S. banks!We’re about to see some big changes to the way the mega-banks in the United States are regulated. And today, the Fed is set to vote on a new set of rules that govern how these banks do business.If you’re following along with this vote by watching the news or reading mainstream newspapers, you’re probably in a state of disgust or even h...Read More

JOHANNESBURG (miningweekly.com) – The Lerala diamond mine, in the Palapye region of Botswana, on Wednesday sold for more than $8-million in an online auction, confirmed liquidity services and auctioneers GoIndustry Dovebid South Africa associate director John Taylor.The winning bidder, which will be confirmed later this week, and the auctioneers are currently handling the transfer of mining...Read More

Each crisis is bigger than the one before. In complex dynamic systems such as capital markets, risk is an exponential function of system scale. Increasing market scale correlates with exponentially larger market collapses.This means that the larger size of the system implies a future global liquidity crisis and market panic far larger than the Panic of 2008.Today, systemic risk is more dangerous t...Read More

Another crack forms in the globalist edifice…The Dow Jones plunged nearly 400 points yesterday.The S&P dropped 31... the Nasdaq, 37Bank stocks took the mightiest wallops - J.P. Morgan, Goldman Sachs, Morgan Stanley, Citigroup and Bank of America all fell over 3%.Why bank stocks?And why is it so potentially serious?Answers shortly.The proximate cause of yesterday's panic was the ongoing w...Read More

The opening up of new areas to resource exploration has created new wealth for generations.That's why gold rushes are... well, gold rushes.And there's one going on right now in a landmass that was previously inaccessible to man.Blocked by ice for millennia, this newly opened up area has one analyst calling it the best opportunity of the "last 12,000 years."This area, which is being called the "8th...Read More

Early FI is the ultimate dream… It’s something that has universal appeal and everyone wants it…But as the years go by, I’m learning and experiencing first-hand just how tough and arduous a task accomplishing that wonderful end goal is becoming…. Right now, I’m back in the Bay Area, and I’m astounded on a daily basis just trying to grasp how expensive every...Read More

Barrick Gold president Kelvin Dushnisky accepts The Northern Miner Lifetime Achievement Award on behalf of Peter Munk, followed by a fireside chat with Carey MacRury, senior precious metals analyst at Canaccord Genuity. Recorded live at the Canadian Mining Symposium in London on April 25, 2018.Read More

Future Mining panel: "Technology Solutions for Mining". Recorded live at the Canadian Mining Symposium in London on April 24, 2018.Moderator: Bill Whitelaw, President and Chief Executive Officer, JWN Energy.Panelists: Liam Fitzgerald, National Mining Leader, PwC; Georg Gradl, Global Head of Mining, SAP; Stephen De Jong, Chairman, Integra Resources.Read More

Investors expect too much of gold, says Adrian Day in this interview. It's important to remember its function is to preserve purchasing power.Read full newsRead More

About 13 people died at the site last week after police opened fire as locals protested against alleged pollution. Read full newsRead More

'Diesel cars are finished,' according to European Industry Commissioner Elzbieta BienkowskaRead full newsRead More

The dollar flexed its muscle against the euro Tuesday, as political turmoil in Italy and Spain sent the shared currency to a six-month low against the U.S. unit. Don't miss: Here's how Italy revived the euro crisis What are currencies doing? The ICE U.S. Dollar Index DXY, -0.10% which gauges the currency against a half-dozen major rivals, climbed 0.7% to 94.827, and the WSJ Dollar IndexBUXX, +0...Read More

Sinking Treasury yields led to huge losses in the financial spaceStocks sold off sharply today amid political turmoil out of Europe and heavy losses out of the financial sector. Traders early in the day digested headlines over more possible elections in Italy, along with news of a parliamentary vote in Spain on Friday. Meanwhile, bank stocks, including Dow components JPMorgan Chase (JPM) and Goldm...Read More

Just a week after nabbing Drummond East, Pacton Gold has entered into a letter of intent to acquire 100 percent of Gardner Mining's Friendly Creek.Read full newsRead More

Chilean Metals Inc. (TSXV:CMX, OTCQB: CMETF, SSE:CMX, MILA: CMX) has commenced drilling on the Bass River project at the Castlereagh prospect.Read full newsRead More

Gold futures ended lower Tuesday as the leading dollar index gained, but the metal hovered above the closely monitored $1,300 line, finding some support from concerns tied to the eurozone. Political worries in Italy seeped into markets across much of the globe, a development that historically might send the haven metal markedly higher. Another Italian election looks possible within a few months, w...Read More

Gold futures ended lower Tuesday as the leading dollar index gained, but the metal hovered above the closely monitored $1,300 line, finding some support from concerns tied to the eurozone. Political worries in Italy seeped into markets across much of the globe, a development that historically might send the haven metal markedly higher. Another Italian election looks possible within a few months, w...Read More

XLF is headed toward its longest monthly losing streak since 2011Bank stocks are crumbling today as geopolitical uncertainty boosts bond prices. Most recently, the 10-year Treasury yield was down 4.2% at 2.81%, while the Financial Select Sector SPDR Fund (XLF) has plunged 3.7% to trade at $26.80. The drop has sparked a rush of activity in XLF's options pits, with most of the action occurring on th...Read More