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

Shares in Erdene Resource (TSX:ERD), one of the very few companies that has successfully navigated Mongolia's ever-changing policies on foreign mining investment, were off to the races on Thursday after the miner bumped up mineral resource estimates for its Altan Nar gold-polymetallic project in Mongolia.The Canadian miner said indicated and inferred gold equivalent resources had increased by who...Read More

Bad news from South Africa's platinum belt has pushed shares of the world's No. 2 producer of the metal to the lowest since 1999.Impala Platinum Holdings Ltd. has dropped more than 40 percent this year as investors fret over glitches at its Rustenburg operations and cost ratios that compare unfavorably with some peers. The biggest producer after Anglo American Platinum Ltd. on April 26 cut its pro...Read More

Barrick Gold, Randgold Resources, Newmont Mining, Freeport McMoran and Goldcorp all make the short list for stocks to consider in this commodity segment -- but which of them are best positioned to prosper?Read full newsRead More

A major lawsuit against gold mining companies in South Africa is gaining global attention. Tens of thousands of miners will now receive a portion of a $400 million settlement. They're suffering from a deadly lung disease called silicosis from inhaling dangerous dust while working underground for decades. CBS News foreign correspondent Debora Patta talked to one former gold miner in a truly hea...Read More

Protesters in Ethiopia's restive Oromia region demanded the government withdraw a gold-mining permit from a company owned by Saudi billionaire Mohammed al-Amoudi because of alleged pollution.Read full newsRead More

Protesters in Ethiopia's restive Oromia region demanded the government withdraw a gold-mining permit from a company owned by Saudi billionaire Mohammed al-Amoudi because of alleged pollution.Read full newsRead More

Anglo American's De Beers said Thursday it had successfully tracked its first diamonds all the way from its mines to jewellery retailers using blockchain technology, in an effort to clear up the supply chain form synthetics and conflict stones.The world's largest rough diamond producer by value, which began developing the tracking platform last year, said it was able to follow 100 high-value stone...Read More

Anglo American's De Beers said Thursday it had successfully tracked its first diamonds all the way from its mines to jewellery retailers using blockchain technology, in an effort to clear up the supply chain form synthetics and conflict stones.The world's largest rough diamond producer by value, which began developing the tracking platform last year, said it was able to follow 100 high-value stone...Read More

Anglo American's De Beers said Thursday it had successfully tracked its first diamonds all the way from its mines to jewellery retailers using blockchain technology, in an effort to clear up the supply chain form synthetics and conflict stones.The world's largest rough diamond producer by value, which began developing the tracking platform last year, said it was able to follow 100 high-value stone...Read More

SHANGHAI, May 10 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index hit yet another new four-month high at 93.42 overnight amid the rising treasury yields. It then came off a little but remained above 93. It closed at 93.09, up 0.03%.The two-year treasury yield hit 2.53%, its highest level since September 8, 2008, while...Read More

SHANGHAI, May 10 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index hit yet another new four-month high at 93.42 overnight amid the rising treasury yields. It then came off a little but remained above 93. It closed at 93.09, up 0.03%.The two-year treasury yield hit 2.53%, its highest level since September 8, 2008, while...Read More

SHANGHAI, May 10 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index hit yet another new four-month high at 93.42 overnight amid the rising treasury yields. It then came off a little but remained above 93. It closed at 93.09, up 0.03%.The two-year treasury yield hit 2.53%, its highest level since September 8, 2008, while...Read More

(Adds details)LUSAKA, May 9 (Reuters) - Vedanta Resources ' VED.L Zambia unit, Konkola Copper Mines (KCM), is disputing a bill of almost $18 million slapped on it by tax authorities after an audit, an industry source familiar with the matter, told Reuters on Wednesday.Zambia's revenue authority concluded audits of mining companies that prompted it to hit Canadian miner First Quantum Minerals FM.T...Read More

LUSAKA, May 9 (Reuters) - Vedanta Resources ' VED.L Zambia unit, Konkola Copper Mines (KCM), is disputing a bill of almost $18 million slapped on it by tax authorities after an audit, an industry source familiar with the matter, told Reuters on Wednesday.Zambia's revenue authority concluded audits of mining companies that prompted it to hit Canadian miner First Quantum Minerals FM.TO with a tax b...Read More

Midas' sole focus is the Stibnite gold project in central Idaho, a historic mining area that was abandoned in the 1990s after 100 years of activity, and which the Vancouver-headquartered company's studies suggest holds the eighth largest gold reserves in the United States, as well as significant amounts of antimony, a material with flame retardant qualities.Read More

Signs of a rebound to more balanced conditions can be seen in the way the price has moved and can also be seen in the price-setting for treatment charges (TC) negotiated between miners and smelters.Read More

This year has been a great year for commodities, most notably gold, base metals and oil. It hasn't been so great for silver, silver miners, or investors in the white metal, however. While gold has remained flat since the start of 2018 and oil has surged by 19%, silver has declined by 3%.Nonetheless, there are signs that the outlook for silver is improving, and one of the best ways to gain exposure...Read More

The mill at Pan American's Huaron Mine in Peru. Source: Pan American Silver Corp.Pan American Silver Corp. [PAAS-TSX, NASDAQ] on Thursday May 10 said road blockades at its Huaron Mine in Peru have ended.As announced on April 27, 2018, operations at the mine had been suspended since April 24, 2018, as a result of road blockades instituted by members of the nearby Huayllay community."With oversight...Read More

The Integra Resources DeLamar Gold and Silver Project in southwestern Idaho. Source: Integra Resources Corp.Integra Resources Corp. [ITR-TSXV; IRRZF-OTCQB] on Thursday May 10 announced initial assay results from nine of 13 drill holes completed to date from its 2018 drill program on the DeLamar Gold and Silver Project in southwestern Idaho.Initial results demonstrate continuity of certain structur...Read More

Notes:1. The Mineral Resources have been constrained by topography and a cut-off of 0.7 g/t AuEq above a pit and 1.4 g/t AuEq below the same pit shell.2. The Mineral Resource Estimate Summary has been compiled under the supervision of Mr. Jeremy Clark who is a full-time employee of RPM and a Member of the Australian Institute of Geoscientists. Mr. Clark has sufficient experience that is relevant t...Read More