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

He said the partially state-owned miner was working on using various technologies as it looked to the future, including the use of drones."Every company should be striving to move with changes whether they be social or economic challenges and embrace new technology and changing consumer needs," Ivanov said.In terms of digitisation, ALROSA was also investigating being able to trace every stone from...Read More

The Phase 1 pilot plant at the Goldsource Eagle Mountain gold project in Guyana, South America. Source: Goldsource Mines Inc.Shares of Goldsource Mines Inc. [GXX-TSXV; GXSFF-OTCBB; G5M-FSE] jumped 50% in early trading Thursday May 24 after the junior announced details of a new discovery and further positive results from its ongoing saprolite exploration program at its 100%-owned Eagle Mountain Pro...Read More

Drilling at the NRG Metals Hombre Muerto North lithium project in Argentina. Source: NRG Metals Inc.NRG Metals Inc. [NGZ-TSXV: NRGMF-OTCQB; OGPN-FSE] on Thursday May 24 reported consistent high-grade brine intercepts over the first 100 metres of drilling at the Hombre Muerto North lithium project in Argentina.NRG shares advanced on the news, rising 8.93% or $0.025 to 30.5 cents on volume of 1.3 mi...Read More

Fireweed Zinc Macmillan Pass PropertyFIREWEED ZINC LTD. (TSXV: FWZ) is pleased to announce the positive results of an independent Preliminary Economic Assessment ("PEA") for its Macmillan Pass Project (the "Project") in Yukon, Canada. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") by JDS Energy and Mining, Inc. (JDS) wi...Read More

"When the rivers and air are polluted, when families and nations are at war, when homeless wanderers fill the highways, these are the traditional signs of a dark age."- Pema Chodron, When Things Fall Apart: Heart Advice for Difficult TimesThose coming of age today will face some of the greatest obstacles ever encountered by young people.They will find themselves overtaxed, burdened with excessive...Read More

Full Article: Gold: A $100 Price Sale Is In PlayBy: Stewart ThomsonGold continues to act superbly for eager buyers in this time of seasonal softness. Against a background of static mine supply, Chinese demand is strengthening slightly and Indian demand is moderately soft.The price action reflects these key fundamentals perfectly. Please click here now. Double-click to enlarge this important dail...Read More

Cauchari is estimated to have an inferred resource of three million tonnes of lithium carbonate equivalent and 450 milligrams per litre lithium.Read More

The update used the expanded resource announced in February, which increased Chidliak's CH-6 kimberlite pipe inferred resource by 58% to almost 18 million carats at an average grade of 2.41c/t and took the project's total to 22.2Mct.Compared with a 2016 PEA, the update increased diamond recovery 44% over the 13-year mine life to 16.7Mct.It put the initial capex up 4.6% to C$455 million (US$354 mil...Read More

(IDEX Online) - Signet Jewelers, the world's largest retailer of diamond jewelry, will become the first chain to join De Beers' pilot of an end-to-end diamond blockchain program called Tracr, the miner announced.   Tracr is being developed by De Beers in collaboration with the diamond industry.   "Signet will join the growing list of industry leaders trialing the platform during its...Read More

(IDEX Online) - Tiffany & Co. reported that worldwide net sales rose 15% which, combined with a higher operating margin and a lower effective tax rate, resulted in a 53% increase in net earnings its financial results for the three months ended April 30.   Based on these strong and better-than-expected results, management revised upward its outlook for the full year ending January 31, 201...Read More

Anglo Asian chairman Khosrow Zamani said at the release of the company's full-year results that its financial position had improved materially with net debt being almost halved, slashing interest charges.Read More

Fireweed Zinc Macmillan Pass PropertyFIREWEED ZINC LTD. (TSXV: FWZ) is pleased to announce the positive results of an independent Preliminary Economic Assessment ("PEA") for its Macmillan Pass Project (the "Project") in Yukon, Canada. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") by JDS Energy and Mining, Inc. (JDS) wi...Read More

Signet Jewelers will become the first retailer to join De Beers Group's end-to-end diamond blockchain pilot programme, known as Tracr.Tracr aims to complete the first digital link all the way from diamond production through to retail.AdvertisementIt is being developed by De Beers, with support from BCG Digital Ventures, and is expected to launch later this year.A Signet project team will work...Read More

JOHANNESBURG (miningweekly.com) – Petra Diamonds’ share price on the LSE fell by more than 20% on Thursday after it announced plans to raise $178-milion, or about £133-million, through a fully underwritten 5 for 8 rights issue.The diamond miner, which has operations in South Africa and Tanzania, said its cash flow generation over the last two years has been impaired by a combinat...Read More

Chinese growth has been called a bubble and a figment of statistical manipulation.But within three decades, China has claims of having the biggest metro and longest high-speed rail systems.Quite rightly, those who saw the emergence of China coming expected increasing demand for commodities and gold. They then made a fatal mistake. An assumption was made that an increase in demand for commodities...Read More

VANCOUVER (miningweekly.com) – Absent any significant global economic disturbances disrupting consumer diamond demand, incremental year-on-year diamond production declines are forecast to drive real diamond prices up by about 10% cumulatively from 2018 through 2021, or 17% in nominal terms, a new report by independent analyst Paul Zimnisky states.Further, supporting supply dynamics favourabl...Read More

SHANGHAI, May 24 (SMM) – Nonferrous metals saw mixed trading on Thursday May 24. SHFE lead surged 1.5%, tin rose over 1% and aluminium gained 0.8%. SHFE copper dropped 0.9%, zinc lost 0.7% and nickel dipped.The ferrous complex, except for coking coal, rose across the board. Hot-rolled coil led the increases with a gain of 1.5%. Rebar and iron ore rose over 1% and coke nudged up.Cop...Read More

Developed by CSIRO, the photon assay technology was commercialised by Chrysos Corporation in partnership with CSIRO and RFC Ambrian.Read More

SHANGHAI, May 24 (SMM) – Nonferrous metals saw mixed trading on Thursday May 24. SHFE lead surged 1.5%, tin rose over 1% and aluminium gained 0.8%. SHFE copper dropped 0.9%, zinc lost 0.7% and nickel dipped.The ferrous complex, except for coking coal, rose across the board. Hot-rolled coil led the increases with a gain of 1.5%. Rebar and iron ore rose over 1% and coke nudged up.Cop...Read More

SHANGHAI, May 24 (SMM) – Environmental taxes are likely to drive up production costs for nonferrous metals, given the high levels of emissions in production, said Huang Fuping, Secretary General of the Guangxi Environmental Industry Association. As the Chinese government steps up environmental protection, environmental taxes will become commonplace, he added.At the SMM Le...Read More