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

Commodities Analysis by Sunshine Profits (Przemyslaw Radomski, CFA) covering: EUR/USD, XAU/USD, XAG/USD, US Dollar Index Futures. Read Sunshine Profits (Przemyslaw Radomski, CFA)'s latest article on Investing.comRead full newsRead More

Commodities Analysis by Sunshine Profits (Przemyslaw Radomski, CFA) covering: EUR/USD, XAU/USD, XAG/USD, US Dollar Index Futures. Read Sunshine Profits (Przemyslaw Radomski, CFA)'s latest article on Investing.comRead full newsRead More

Russia's Alrosa, the world's largest diamond producer by output, plans to boost revenue from selling rare, coloured stones where demand is stable, although it is a niche business.Nature gives fancy colours to about one in every 10,000 rough diamonds of gem quality that are mined around the world.The stones that can be blue, pink or green form a special asset class, relying on a consumer passion...Read More

SHANGHAI, May 16 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar rebounded to a four-month high of 93.46, and closed at 93.25 last night as the US Treasury yield climbed up and its retail sales data met the expectation. Most LME base metals dipped as the US dollar strengthened. Lead dropped nearly 1.2%. LME copper fell over...Read More

SHANGHAI, May 16 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar rebounded to a four-month high of 93.46, and closed at 93.25 last night as the US Treasury yield climbed up and its retail sales data met the expectation. Most LME base metals dipped as the US dollar strengthened. Lead dropped nearly 1.2%. LME copper fell over...Read More

SHANGHAI, May 16 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar rebounded to a four-month high of 93.46, and closed at 93.25 last night as the US Treasury yield climbed up and its retail sales data met the expectation. Most LME base metals dipped as the US dollar strengthened. Lead dropped nearly 1.2%. LME copper fell over...Read More

Investing.com - Gold prices fell to one week lows on Tuesday as rising U.S. Treasury yields dampened investor demand for the precious metal.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were down $7.60 or 0.58% to $1,310.60 a troy ounce by 03:59 AM ET (07:59 AM GMT), the lowest since May 8.The yellow metal slid as the yield on 10-year U.S. Treasury notes...Read More

KPMG mining strategy national lead and program director of the KPMG Energise accelerator Ashley Brown led a panel session at METSStocks Sydney, part of the inaugural Future of Mining conference, where panellists including Petra Data Science managing director Penny Stewart and Project 412 CEO Paul Lucey outlined the biggest barriers to growth in the mining, equipment, technology and services (METS)...Read More

Global financial advisory firm BDO, in a report on future mining trends earlier this year, suggested technology that could boost mining output by 15-20%, take big bites out of fuel and maintenance costs, and improve mining safety "exponentially" would inevitably - and quickly - make its way into most mines."By 2020, robots will replace more than 50% of miners, and mining accidents will be cut by 7...Read More

Investing.com - Gold prices fell to one week lows on Tuesday as rising U.S. Treasury yields dampened investor demand for the precious metal.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were down $7.60 or 0.58% to $1,310.60 a troy ounce by 03:59 AM ET (07:59 AM GMT), the lowest since May 8.The yellow metal slid as the yield on 10-year U.S. Treasury notes...Read More

Gold's latest pullback, which sees it down by just over 1% for the year to date, has created an opportunity for investors despite a firmer U.S. dollar and increased global economic growth, thereby signaling choppy times ahead for the precious metal. This is because geopolitical and economic risks across the globe remain high. It would only take one frightening incident to push gold higher yet agai...Read More

Kinder Morgan's Trans Mountain Expansion Project. Source: Kinder Morgan.The Canadian government is prepared to back Kinder Morgan Canada's [KML-TSX] stalled Trans Mountain pipeline expansion project by indemnifying the project from any financial loss.Finance Minister Bill Morneau said the offer is open not just to Kinder Morgan, but any company that wants to build the pipeline if Kinder Morgan opt...Read More

Sampling on the Clone property in the Golden Triangle of northwestern British Columbia. Source: Sunvest Minerals Corp.Sunvest Minerals Corp. [SSS-TSXV; SRKZF-OTC] said Wednesday May 16 that it has significantly expanded its tenure position on the Clone Project located near Stewart in the Golden Triangle region of northwestern British Columbia.The company said it has added to its position by stakin...Read More

Skeena's Snip Mine 44 Portal and technical crew. Source: Skeena Resources Ltd.Skeena Resources Ltd. [SKE-TSXV; SKREF-OTC] on Wednesday May 16 released analytical results from the first eight holes of the recently initiated Phase II underground drilling program at the company's 100%-owned Snip Project in British Columbia's Golden Triangle region.Previously owned by Barrick Gold Corp. [ABX-TSX, NYSE...Read More

Via Sovereignman.comAs if things weren't bad enough for beleaguered Tesla...The company lost $1.1 billion in cash in the last quarter, executives are leaving the company in droves, it's facing production issues with its Model 3 and, as I recently discussed, Elon Musk insulted analysts on the latest earnings call by dismissing their questions - regarding the company's survival - as "boring" and "b...Read More

"Whether the mask is labeled fascism, democracy, or dictatorship of the proletariat, our great adversary remains the apparatus-the bureaucracy, the police, the military. Not the one facing us across the frontier of the battle lines, which is not so much our enemy as our brothers' enemy, but the one that calls itself our protector and makes us its slaves. No matter what the circumstances, the worst...Read More

VANCOUVER, BRITISH COLUMBIA / May 16, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) and its 51% owned engineering partner PurLucid Treatment Solutions Inc. ("PurLucid") are pleased to provide a progress report related to the deployment of lithium recovery and wastewater treatment systems in Alberta, Canada. To date MGX and PurLucid have completed commercial...Read More

The position will combine the leadership of Konkola Copper Mines in Zambia, Vedanta Zinc International (VDI) in South Africa and Namibia and Copper Mines of Tasmania, assuming responsibility of KCM CEO after the departure of Steven Din in July.Naidoo was previously CEO of VDI, having joined Vedanta in 2014, and led the development of the US$400 million Gamsberg project and the Pit 112 project at S...Read More

Its first two holes for 2018 tested below the North Pit deposit and in an untested adjacent area, the Northern Extension zone, where a highlight included 42.7m true thickness at 2.05% copper."This mineralisation is wider and of higher grade than adjacent holes and extends mineralisation into areas previously classified as waste," the company said.It is able to drill the extension zone now a land t...Read More

The company will issue 30 million new ordinary shares at a price of 5p per share, bringing its total ordinary shares in issue up to 566.3 million at 1p each. It said it had applied to admit the subscription shares to trading on AIM on or around May 18.The subscription price was down 23% from a year ago when it issued 23.1 million shares at 6.5p each to raise the same amount. The funds wi...Read More