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 edged up on Thursday while the dollar traded sideways.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange was up $1.6, or 0.12%, to $1,351.5 a troy ounce by 12:40AM ET (04:40 GMT).Meanwhile, the U.S. dollar index that tracks the greenback against a basket of six major currencies last stood at 92.93, up 0.01%.?EUR?The greenback reache...Read More

Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) and Cameco Corp. (TSX:CCO)(NYSE:CCJ) are trading at 12-month highs, and investors are wondering if more gains could be on the way for these long-suffering stocks.Let's take a look at the current situation to see if Baytex and Cameco deserve to be in your portfolio.BaytexBaytex has surged from close to $3 per share in early March to $6. That's an impressive m...Read More

Silver continues to languish, despite gold remaining firm and trading at over US$1,300 per ounce. While the global economic outlook is upbeat, which is not a positive for precious metals, rising geopolitical tensions in the Middle East bode well for gold and silver.Another factor that will give silver a boost is rising industrial demand for the white metal. Because of its conductive properties, si...Read More

Exploring Argentina Lithium & Energy's 20,500-hectare Arizaro Project in northwest Argentina. Photo courtesy Argentina Lithium & Energy Corp.With the impending advent of the widespread use of electric cars, trucks plus the millions of rechargeable consumer electronic devices that utilize lithium ion batteries, it is no wonder that numerous exploration companies have turned their attention...Read More

Gold's Mercedes Mine in Sonora, Mexico. Source: Premier Gold Mines Ltd.Premier Gold Mines Ltd. [PG-TSX; PIRGF-OTC] on Friday May 11 filed a technical report that was prepared for its Mercedes gold-silver mine in Mexico in compliance with NI 43-101 standards of disclosure. The technical report provides more details about previously announced reserves and resources at the 100%-owned Mercedes Mine in...Read More

Drilling at Almaden's Tuligtic Project in Pueblo State, Mexico which covers the Ixtaca gold-silver deposit. Source: Almaden Minerals Ltd.Almaden Minerals Ltd. [AMM-TSX; AAU-NYSE] on Friday May 11 announced a proposed non-brokered private placement financing of up to seven million units. The aim is to raise $7 million at a price of $1 per unit. Almaden said it intends to use the proceeds of the off...Read More

Via Sovereignman.comIn 1923, a young Jewish immigrant from a small town in modern-day Ukraine founded a candy company in Brooklyn, New York that he called "Just Born".His name was Samuel Bernstein. And if you enjoy chocolate sprinkles or the hard, chocolate coating around ice cream bars, you can thank Bernstein- he invented them.Nearly 100 years later, the company is still a family-owned business,...Read More

Full Article: You might want to think about ditching the FANG stocks for gold minersBy: Jesse FelderRising gold prices could result in major gains for these stocks: Barrick Gold, Agnico Eagle, Nemont Mining and Goldcorp.These BANG stocks are trading at a significant discount to its normal range. Full Article: You might want to think about ditching the FANG stocks for gold minersBy: Jesse Felder...Read More

Full Article: Multibillion Dollar Shipwreck Found Off ColombiaBy: Rossella LorenziColombia has found what may be the holy grail of treasure shipwrecks - an 18th century Spanish galleon that went down off the country's coast with a treasure of gold, coins and precious stones now valued between $4 billion and $17 billion.The multibillion-dollar ship, called the San Jose, has been at a center of a d...Read More

BMO Capital Markets analyst Alex Terentiew visited the Cobre Panama site this week, and said First Quantum was clearly taking its time to get the mine right from the time production starts.Read More

According to its 30.4% shareholder Stratex International (AIM:STI), Thani Stratex asked for a hold on its Blackrock and Cussra licences instead of a proper renewal, which was not possible under the Ethiopian mining code.Stratex handed the company $200,000 at the end of 2017 to keep working on its Egypt and Djibouti prospects.The Ethiopia prospects were not mentioned in Thani Stratex's most re...Read More

An average grade of 2.3% vanadium in magnetite concentrates produced from nine drill holes was achieved by Pursuit, with the company making the point that only the Maracas and Rhovan mines in Brazil and South Africa, respectively, produce magnetite concentrates consistently grading above 2.2% vanadium - at 3% and 2.3%, respectively.Pursuit said the high-grade vanadium mineralisation at Koitelainen...Read More

The company reported a net loss for the March quarter of US$2.3 million, down from a loss of $2.7 million a year ago. The net loss per basic and diluted shares was 1c, unchanged year-on-year.Read More

Russian diamond mining major Alrosa and the Antwerp World Diamond Centre (AWDC) entered a new extended cooperation agreement late last month. The agreement was signed in Moscow by Alrosa CEO Sergey Ivanov and AWDC CEO Ari Epstein, the miner reported in a press release. The new deal both extends their existing cooperation and expands the extent of their future cooperation to address new diamond mar...Read More

Artemis has agreed to sell its 4 million Novo shares to KL at an average price of C$5 per share.The shares were issued to Artemis in August as part of the formation of the Purdy's Reward joint venture with Novo.When issued, the shares were worth $21.8 million, and the value climbed to as much as $35 million during the height of the conglomerate gold rush.Artemis already had A$17.36 million in cash...Read More

SHANGHAI, May 11 (SMM) – Nonferrous metals futures saw mixed trading on Friday May 11. SHFE lead led the gains with a rise of over 1%. Copper grew nearly 0.7%, and aluminium inched up. Zinc, nickel, and tin went down slightly. The ferrous complex strengthened across the board with more gains in the afternoon. Coke rose nearly 3.2% from Thursday, iron ore gained almost 3%, while rebar, h...Read More

SHANGHAI, May 11 (SMM) – Nonferrous metals futures saw mixed trading on Friday May 11. SHFE lead led the gains with a rise of over 1%. Copper grew nearly 0.7%, and aluminium inched up. Zinc, nickel, and tin went down slightly. The ferrous complex strengthened across the board with more gains in the afternoon. Coke rose nearly 3.2% from Thursday, iron ore gained almost 3%, while rebar, h...Read More

SHANGHAI, May 11 (SMM) – Nonferrous metals futures saw mixed trading on Friday May 11. SHFE lead led the gains with a rise of over 1%. Copper grew nearly 0.7%, and aluminium inched up. Zinc, nickel, and tin went down slightly. The ferrous complex strengthened across the board with more gains in the afternoon. Coke rose nearly 3.2% from Thursday, iron ore gained almost 3%, while rebar, h...Read More

SHANGHAI, May 11 (SMM) – Both production and sales of vehicles in China saw month-on-month declines in April but maintained their stable year-on-year increases, according to data from the China Association of Automobile Manufacturers (CAAM).China’s vehicle sales reached 2.32 million units in April, down 12.7% from a month ago but up 11.5% from a year ago. This brought the January-April...Read More

SHANGHAI, May 11 (SMM) – Both production and sales of vehicles in China saw month-on-month declines in April but maintained their stable year-on-year increases, according to data from the China Association of Automobile Manufacturers (CAAM).China’s vehicle sales reached 2.32 million units in April, down 12.7% from a month ago but up 11.5% from a year ago. This brought the January-April...Read More