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

Investing.com - Gold prices continued near December-lows on Thursday, as a stronger U.S. dollar and bond yields kept the price of bullion lower.Comex gold futures for June delivery were down 0.17% to $1,289.30 a troy ounce as of 10:25 AM ET (14:25 GMT).The price of bouillon was driven lower by the rise in the greenback and increase in bond yields. . The U.S. dollar index, which measures the greenb...Read More

* Euro struggles near $1.18 mark* Dollar rise leaves Yen at weakest since January* Emerging market currencies suffer more falls overnight* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Tommy WilkesLONDON, May 17 (Reuters) - The euro fell towards a five-month low on Thursday as investors fretted about the demands of populist parties likely to form Italy's next government and as a fresh...Read More

(Adds comments on copper futures, analyst comment)By Sudarshan VaradhanNEW DELHI, May 17 (Reuters) - Vedanta Resources Plc's VED.L Thootukudi copper smelter, one of India's biggest, will remain shut until at least June 6, a lawyer petitioning against the plant reopening said on Thursday.The Tamil Nadu (NS:TNNP) Pollution Control Board has adjourned a hearing to grant Vedanta a renewal of consent...Read More

NEW DELHI, May 17 (Reuters) - Vedanta Resources Plc's VED.L Thootukudi copper smelter, one of India's biggest, will remain shut until at least June 6, said a lawyer petitioning against the plant reopening.The Tamil Nadu (NS:TNNP) Pollution Control Board has adjourned a hearing to grant Vendanta a renewal of consent to operate the smelter until that date, said V Ramasubbu, a lawyer fighting the r...Read More

Investing.com - Gold prices reversed early gains on Thursday, falling back towards the lowest levels since December as a stronger dollar and rising U.S. government bond yields continued to weigh on demand for bullion.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were down $3.50 or 0.27% to $1,288.00 a troy ounce by 04:20 AM ET (08:20 AM GMT), off an overn...Read More

* Euro struggles near $1.18 mark* Dollar rise leaves Yen at weakest since January* Emerging market currencies fall overnight* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Tommy WilkesLONDON, May 17 (Reuters) - The euro hovered near five-month lows on Thursday as investors fretted about the demands of Italian populist parties and as a fresh rise in U.S. government bond yields underpin...Read More

* Dollar index near fresh 5-month high brushed overnight* GBP up after report UK ready to stay in EU's customs union* Aussie, loonie, kiwi supported by ebb in risk aversion (Adds details and quotes, updates prices)By Shinichi SaoshiroTOKYO, May 17 (Reuters) - The dollar firmed on Thursday after the euro retreated to a five-month low on concerns political developments in Italy could cause wider dis...Read More

Despite a slow start to the year, silver prices look set to rise later in 2018. The silver mining sector has taken a bit of a beating of late, thanks in large part to global political uncertainty and a volatile U.S. dollar. So, now might be a good time to jump on the undervalued silver train. Below, you'll find five attractive stocks that might well make a solid investment before silver kicks back...Read More

SHOWING Honey Badger's Thunder Bay Silver Project, northwest Ontario. Source: Honey Badger Exploration Ltd.Honey Badger Exploration Ltd. [TUF-TSXV; HBEIF-OTC] shares jumped 24% on Friday May 18 after the company said it had closed the first tranche of a previously announced non-brokered private placement, generating gross proceeds of $1.6 million. The shares were up $0.025 to 13 cents on active vo...Read More

I’m back! But in my case, I don’t just have “only one thing to say”… Actually, I have many, many, many things to say and share with everyone…All in due time.Unfortunately, due to unresolved matters and current circumstances (that are ongoing still), out of respect for other people who are traversing through the same shitstorm as myself presently (yes, I’...Read More

Anthony Milewski, Chairman and CEO of Cobalt 27 Capital, at the company's cobalt warehouse in Rotterdam, the Netherlands. Photo courtesy Cobalt 27 Capital Corp.Analysts at Citi Research are optimistic on the outlook for cobalt.In a commodities outlook report dated May 14, 2018, Citi Research said Cobalt prices are set to rise by a further 20% over the next two years on the back of a sustained defi...Read More

People routinely "vote with their feet," meaning that they choose to relocate to a better environment when the opportunity arises. This could be as simple as moving closer to a job to shorten the commute or it could mean obtaining citizenship in another country that offers more personal and economic freedoms. The search for a better life is the main driver of immigration across the world. Have yo...Read More

MGX Minerals Wins 2018 S&P Global Platts Metals Leadership Award - Base & Specialty Metals for Rapid Lithium Extraction TechnologyWinners Unveiled at May 17 Black-Tie Event in LondonVANCOUVER, BRITISH COLUMBIA / May 18, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) is pleased to announce the Company has won the Base and Specialty Metals Industry Leadership...Read More

He will replace Mick Buffier whose term as chairman ended in May.Kellow joined Peabody in 2013 and became CEO in 2015. He has over 30 years' experience in the global resources industry, holding leading management roles across the industry in coal, copper, nickel, aluminium and steel.Read More

On his first visit to Sydney to speak at this week's ResourceStocks Sydney 2018 conference, the Netherlands real-estate investor, author and media commentator who got hooked on mineral-discovery investing when he made an absolute motza riding Aurelian Resources' discovery of Fruta del Norte in Ecuador in 2006, said the Wits and Pilbara systems might not be "brothers … [but] they are nephews...Read More

London-based Talex Commodities has been hired by the employees of Doe Run Peru to find an investor for the mine.Read More

Via the placement at A5c per share, Independence Group (ASX:IGO) will increase its shareholding in Orion to 11.1% from 4.2%, while also securing preferential rights to a joint venture or purchase of Orion's nickel projects in the belt, including the Jacomynspan nickel-copper-cobalt project.It previously subscribed for a $.3 million share placement in Orion and the two companies entered into a JV a...Read More

Greyhorse Mining will acquire an 8% interest for approximately US$20 million, while another 2% will go to a trust benefitting the operation's employees.  As part of the transaction, Greyhorse will receive a preferential annual dividend of $500,000 for the first five years, subject to Tsumeb having sufficient available funds and Greyhorse achieving approved performance metrics.Dundee said the...Read More

Thank heavens the Canadian government blocked the bid on national interest grounds as potash prices have been on the skids ever since, something BHP's current CEO Andrew Mackenzie knows well given he ran the failed bid as BHP's head of non-ferrous.Read More

SHANGHAI, May 18 (SMM) – The nonferrous complex closed higher except for SHFE tin, aluminium and zinc. Nickel led the gains with a rise of 2.2%, lead grew over 1%, and copper inched up.Ferrous metals dropped across the board with coking coal leading the losses and closing 2.2% lower. Rebar fell over 1%, while coke, hot-rolled coil, and iron ore lost close to 1%.Aluminium: The SHFE 1807...Read More