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

It has been a tough few years for one-time high-flying uranium miner Cameco Corp. (TSX:CCO)(NYSE:CCJ). Over the last five years, its value has plummeted by 38% after nuclear power fell into disfavour after the 2011 Fukushima disaster in Japan, which caused the price of uranium to collapse. Since then, uranium has remained caught in a protracted slump, despite claims by industry insiders and analys...Read More

The prolonged slump in base metals came to an abrupt halt in late 2016 when growing demand coupled with supply constraints pushed metals such as iron ore, steel, copper, nickel, and zinc higher. While prices for iron ore and steel have softened the outlook for copper, zinc and nickel remains optimistic. The future for copper is upbeat because of increased industrial demand primarily from China, wh...Read More

There are few investments on the market that attract such a passion and fever among investors as gold. The emotional attachment around the precious metal has provided investors with a safe haven from market fluctuations as a store of wealth, and with few exceptions, has steadily appreciated in value to the joy of those investors.Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) is the world's largest gold m...Read More

Silver continues to take a bath despite gold moving higher in recent weeks because of rising geopolitical tensions in the Middle East and on the Korean Peninsula. That has caused the gold to silver ratio to widen, with 79 ounces of silver now required to purchase one ounce of gold. This in conjunction with rising industrial demand for the white metal and the likelihood that it will follow gold hig...Read More

The spot price of gold and silver shot up after President Donald Trump cancelled his June 12 summit with North Korean leader Kim Jong-un on May 24. The move did not come as a surprise, as relations between the two countries had deteriorated in recent weeks. North Korea had protested the scheduling of joint military drills conducted by the U.S. and South Korea.What provoked even more controversy wa...Read More

Drilling at Orca Gold's Block 14 project in Sudan, Africa. Source: Orca Gold Inc.Orca Gold Inc. [ORG-TSXV] said Monday May 28 that it has moved to fund feasibility work on a gold project in the Republic of Sudan by arranging a $22 million strategic investment from Australian company Resolute Mining Ltd. [RSG-ASX]. Under the agreement, Resolute has agreed to subscribe for 32.3 million common shares...Read More

A sample of lithium-bearing pegmatite from Redzone's Fortner Boyd claims (also known as the Lucky Mica claim group. Source: Redzone Resources Ltd.Redzone Resources Ltd. [REZ-TSXV; REZZF-OTC] said Monday May 28 that it has satisfied all the conditions under its previously announced option agreement relating to the acquisition of 14 lode claims in Arizona.The option agreement gave Redzone the right...Read More

A few years ago, I wrote a blog post titled — Converting Net Worth into Cash Flow. I think that article was somewhat controversial then, and perhaps it still is to a large degree today… The reason being? Well, when it comes right down to it, when we are talking about the subject of early FI, without question, the popular consensus and narrative out there across the blogosphere (and oth...Read More

VANCOUVER - Pan American Silver Corp. shares slumped after it said it's curtailing operations at its Dolores mine in northern Mexico following security incidents along the access roads.The Vancouver-based company says it has suspended personnel movements to and from the mine in Chihuahua state, but will maintain enough staff on site for security and reduced operating activities.Workers were h...Read More

It is a crime to report on certain events in Great Britain. But one defiant journalist ignored the court imposed gag orders and reported anyway on three connected sex abuse trials involving dozens of defendants.Police arrested Tommy Robinson outside the courthouse while he filmed using Facebook live. The courts had already delivered a suspended sentence to him for covering the second trial. Now th...Read More

Full Article: Fracking for Copper: BHP & Barrick Chase "Ultimate Prize"By: Global Mining ObserverAs fracking has exploded in the US, the country's crude oil production has doubled in ten years from 5 to 10 million barrels per day, lowering energy prices across North America, which is now awash with natural gas. Terminals built for imports have been reconfigured to funnel it out.Engineers in the m...Read More

The company has announced the potential to extend production at El Gallo in Mexico by at least 10 years, a US$50 million raising to finish construction at its Gold Bar mine in Nevada and the possibility of a new base metals revenue stream for its Black Fox complex in Ontario.Read More

Among the highlights from the first five holes, the company hit 1.7m at 17.18g/t gold from 198m, including a higher grade intercept of 0.6m at 46.3g/t gold.Great Bear also confirmed gold at the South Limb zone where the company's first drill hole into the target hit 0.5m at 5.34g/t gold.CEO Chris Taylor said drilling had revealed "a regionally-significant gold-bearing hydrothermal system" whi...Read More

BHP (ASX: BHP) was down around 3% in afternoon trade but is still well above the levels it was trading at 12 months ago. The metals and mining sector on the benchmark S&P/ASX200 index was down about 1.8% this afternoon.Australian gold major Newcrest Mining (ASX: NCM) was about 1.4% lower at the time of writing while the spot gold price was worth around US$1,298 an ounce, having risen...Read More

(IDEX News) - Platinum Guild International (PGI) has published the findings of its 2017 Platinum Jewellery Business Review revealing that wedding markets around the world have become strongholds for platinum jewelry across China, Japan, the U.S. and newly emerging in India.   Compiled by independent platinum market experts and industry analysts, the survey reports strong consumer retail sale...Read More

The transaction will see an initial A$25 million heading Independence's way, with further payments of $16 million to be paid annually for the next three years.Read More

(IDEX News) - CIBJO President Gaetano Cavalieri has had a private audience with Pope Francis I, the head of Catholic Church during a conference in the Vatican City on "New Policies and Lifestyles in the Digital Age."   During their discussion, Cavalieri stressed the responsibility of the business community to develop both professional skills and socially ethical awareness among young people...Read More

(IDEX News) - Two villages near the Leo Schachter factory in Botswana now have a direct, consistent, and sustainable water system, funded by Leo Schachter Diamonds and Borsheims' Kalahari Dream sales.   Kalahari Dream diamonds are sourced by Leo Schachter Diamonds and are being sold by two leading jewelry retailers, Borsheims in Omaha, NE, and Boston, MA-based Long's Jewelers.   "Mille...Read More

SHANGHAI, May 28 (SMM) – Nonferrous metals, except for SHFE lead, rose across the board on Monday May 28. SHFE tin led the increases with a gain of over 2%. SHFE zinc rose nearly 1.6%, while nickel, copper, and aluminium inched up.Most ferrous metals closed lower except for coking coal. Iron ore fell nearly 1%, while coke, hot-rolled coil, and rebar dipped.Copper: As shorts continue to exit...Read More

SHANGHAI, May 28 (SMM) – Nonferrous metals, except for SHFE lead, rose across the board on Monday May 28. SHFE tin led the increases with a gain of over 2%. SHFE zinc rose nearly 1.6%, while nickel, copper, and aluminium inched up.Most ferrous metals closed lower except for coking coal. Iron ore fell nearly 1%, while coke, hot-rolled coil, and rebar dipped.Copper: As shorts continue to exit...Read More