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 GS Mining Company announces the addition of Matt Mason to the team at The Bates Hunter Gold mine effective today.The Moria Token is a crypto-currency issued by the GS Mining Company LLC which operates the historic Bates Hunter gold mine in Colorado.Read full newsRead More

Gold streaming companies are a great way to invest in the precious metal. Here are some of the key benefits you need to know about and the top stocks to consider.Read full newsRead More

The answer depends a lot on how much you're willing to spend to find it.Read full newsRead More

The answer depends a lot on how much you're willing to spend to find it.Read full newsRead More

Shares in struggling South African platinum producer Lonmin (LON:LMI) collapsed Tuesday after Britain's Competition and Markets Authority (CMA) said it was examining whether the company's takeover by Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) would reduce competition.By mid-morning, Lonmin shares had lost 5.6% of their value in London, while Sibanye's were down 4.9% in Johannesburg, even though the...Read More

Shares in struggling South African platinum producer Lonmin (LON:LMI) collapsed Tuesday after Britain's Competition and Markets Authority (CMA) said it was examining whether the company's takeover by Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) would reduce competition.By mid-morning, Lonmin shares had lost 5.6% of their value in London, while Sibanye's were down 4.9% in Johannesburg, even though the...Read More

Shares in struggling South African platinum producer Lonmin (LON:LMI) collapsed Tuesday after Britain's Competition and Markets Authority (CMA) said it was examining whether the company's takeover by Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) would reduce competition.By mid-morning, Lonmin shares had lost 5.6% of their value in London, while Sibanye's were down 4.9% in Johannesburg, even though the...Read More

SHANGHAI, May 15 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index covered lost ground to stand at 92.67 overnight. Base metals saw mixed trading last night. LME nickel surged 3.1%, alunimium gained 1.82% and lead rose over 1% on declining inventory and tight supply. Copper edged down, as LME copper inventorie...Read More

SHANGHAI, May 15 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index covered lost ground to stand at 92.67 overnight. Base metals saw mixed trading last night. LME nickel surged 3.1%, alunimium gained 1.82% and lead rose over 1% on declining inventory and tight supply. Copper edged down, as LME copper inventorie...Read More

SHANGHAI, May 15 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index covered lost ground to stand at 92.67 overnight. Base metals saw mixed trading last night. LME nickel surged 3.1%, alunimium gained 1.82% and lead rose over 1% on declining inventory and tight supply. Copper edged down, as LME copper inventorie...Read More

Despite a firmer U.S. dollar and an optimistic outlook for the global economy, gold continues to trade at close to the psychologically important US$1,300 per ounce mark. While the yellow metal is trading well below its 2018 high of over US$1,362 per ounce, there is every indication that it could surge at any time.This is because the world, notably the Middle East, remains fraught with geopolitical...Read More

The outlook for base metals is bullish because of the global economic upswing gaining further momentum, as the U.S. economy gains steam, and key emerging markets, India and China, continue to grow at a rapid clip. This is particularly positive for base metals and beaten-down nickel producer Sherritt International Corp. (TSX:S), which has seen its market value plummet by 35% for the year to date....Read More

You've seen it before - sharp gaps up or down that occur without any trading taking place in the interim. While these phenomena can be hard (or impossible) to predict, it's worth keeping an eye out for possible market gaps and being ready to take advantage of them when they happen. But which stocks should you be watching? Let's take a look at a few small-cap superstars to low-key stalk for gaps.Th...Read More

Lumina Gold's diamond drill core facility. Source: Lumina Gold Corp.Lumina Gold Corp. [LUM-TSXV; ODMEF-OTC] has released an updated mineral resource estimate for its Condor Project in the Zamora-Chinchipe province, southeast Ecuador.Lumina Gold is a Vancouver-based precious and base metals exploration and development company focused on gold and copper projects in Ecuador.Its Cangrejos gold-copper...Read More

A strange thing happens when you don’t trust the government. You take responsibility for your actions, instead of shirking your duty and handing off the burden to the collective.I’ve long suspected this. People assume the government will actually do what it says it will. If you think your tax dollars will feed the hungry, house the homeless, and provide for the poor, why bother donatin...Read More

Full Article: Gold Love Trade Looks Promising in India and China By: Frank HolmesGold was up half a percent year-to-date through last Friday. This doesn't sound very exciting, but over the same period, the S&P 500 Index was in the red-the first time in nearly a decade that stocks have been negative for the year through the beginning of May. The yellow metal is doing the one thing for which many...Read More

For example, a project costing US$474 million to build that generates annual earnings of $270 million (EBITDA) for 3-4 decades.Read More

It said more than 40 holes would be drilled for about 7,000m at Elan South, with the focus on expanding Elan's JORC resources and refining the coal quality definition through extensive testing of samples extracted from large-diameter cores.The company has appointed a drilling contractor which will start in June, and a road construction contractor.It also aims to start drilling at the Panorama Nort...Read More

It said Tuesday the JORC-compliant PGM resource had grown 53% to 1.45 million ounces, with the global ore volume up 50% to 34.5 million tonnes at 1.3g/t PGM and gold.In the rest of the commodity basket, the nickel resource rose 28% to 140 million pounds (635 tonnes), the copper resource was up 11% to 26Mlb and the cobalt resource increased 4% to 6.7Mlb.Jangada said there was potential to increase...Read More

During the March quarter, the mine ran at a rate of 3.6 million tonnes per annum, outperforming its 3Mtpa nameplate capacity.Read More