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

Bitcoin Gold (BTG) Faces Challenge of ASIC Mining, Considers ResistanceRead 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

Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More

Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More

A foreign-backed miner has sued Chile to block state-run Codelco from exploiting a lithium deposit where both have claims, according to a lawsuit filed in March that will be carefully watched by potential investors being courted by the country's new government.The little-known and remote Maricunga salt flat is far smaller than the expansive Salar de Atacama, where top lithium producers Albemarle...Read More

Barrick Gold (NYSE, TSX:ABX), the world's top miner of the precious metal, said Tuesday is buying about $38 million in Midas Gold's (TSX-V:MAX) shares, in a deal that gives the Canadian giant an almost 20%-stake in the junior as well as access to the promising Stibnite Gold project, in Idaho, US."Midas Gold's Stibnite Gold project in Idaho offers a compelling investment proposition, with low geopo...Read More

Barrick Gold (NYSE, TSX:ABX), the world's top miner of the precious metal, said Tuesday is buying about $38 million in Midas Gold's (TSX-V:MAX) shares, in a deal that gives the Canadian giant an almost 20%-stake in the junior as well as access to the promising Stibnite Gold project, in Idaho, US."Midas Gold's Stibnite Gold project in Idaho offers a compelling investment proposition, with low geopo...Read More

Barrick Gold (NYSE, TSX:ABX), the world's top miner of the precious metal, said Tuesday is buying about $38 million in Midas Gold's (TSX-V:MAX) shares, in a deal that gives the Canadian giant an almost 20%-stake in the junior as well as access to the promising Stibnite Gold project, in Idaho, US."Midas Gold's Stibnite Gold project in Idaho offers a compelling investment proposition, with low geopo...Read More

SHANGHAI, May 9 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index broke the 93 level and registered a fresh four-month high of 93.29 overnight following the hawkish comments from the Federal Reserve Board chairman Jerome Powell. The US President Donald Trump’s announcement to withdraw the US from the Iran nuclear...Read More

SHANGHAI, May 9 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index broke the 93 level and registered a fresh four-month high of 93.29 overnight following the hawkish comments from the Federal Reserve Board chairman Jerome Powell. The US President Donald Trump’s announcement to withdraw the US from the Iran nuclear...Read More

SHANGHAI, May 9 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index broke the 93 level and registered a fresh four-month high of 93.29 overnight following the hawkish comments from the Federal Reserve Board chairman Jerome Powell. The US President Donald Trump’s announcement to withdraw the US from the Iran nuclear...Read More

(Adds futures, company events)May 8 (Reuters) - Britain's FTSE futures FFIc1 were down 0.02 percent ahead of the cash market open on Tuesday.* TAKEDA-SHIRE: Takeda Pharma 4502.T agreed to buy London-listed Shire SHP.L for 46 billion pounds ($62.42 billion) on Tuesday after the Japanese company raised the amount of cash in its offer to $30.33 to secure a recommendation. WILLIAM HILL: British book...Read More

Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK) has a history of being a volatile stock, and investors who follow the mining giant are wondering if this is the right time to buy.Let's take a look at the current situation to see if Teck deserves to be in your portfolio.EarningsTeck reported Q1 2018 adjusted earnings of $753 million, or $1.31 per share, compared to $655 million, or $1.13 per share, for...Read More

Gold and silver prices have suffered since tensions eased on the Korean Peninsula in late April. U.S. secretary of state Mike Pompeo arrived in North Korea on May 9 with the aim of finalizing a planned meeting between President Trump and North Korean leader Kim Jong-un. Relations between North Korea and South Korea have warmed dramatically over the past month. South Korea has indicated that North...Read More

The Panoro senior management team tours the Cotabambas Project in Peru. From left: L. Shaheen, Y. Barsimantov, C.Pilon, F.Tejada. Source: Panoro Minerals Ltd.Luquman Shaheen is bullish on copper. The Panoro Minerals Ltd. [PML-TSXV, Lima; PZM-FSE] President and CEO said the world has entered into an era where a lack of new projects is going to constrain the supply of the red metal.In an interview w...Read More

Nevsun's Bisha copper-zinc mine in Eritrea, Africa. Source Nevsun Resources Ltd.Nevsun Resources Ltd.'s [NSU-TSX; NYSE AMERICAN] second largest shareholder says a $1.5 billion takeover proposal by from Lundin Mining Corp. [LUN-TSX; LUMI-Sweden] and Euro Sun Mining Inc. [ESM-TSX, CPNFF-OTC] looks "pretty fair.""Nevsun should engage more fully with Lundin Mining and Euro Sun Mining, which made the p...Read More

Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,910.81, up 68.10 points)Spartan Energy Corp. (TSX:SPE). Oil and gas. Up one cent, or 0.15 per cent, to $6.48 on 10.9 million shares.Kinross Gold Corp. (TSX:K). Miner. Down 61 cents, or 11.42 per cent, to $4.73 on 10.7 million shares. The Canadian gold miner said the government in Maurit...Read More

Midas Gold's Stibnite gold-silver-antimony project in Idaho. Source: Midas Gold Inc.Barrick Gold Corp. [ABX-TSX, NYSE] has agreed to make a US$38 million strategic investment in Midas Gold Inc. [MAX-TSX; MDRPF-OTC] to advance the company's Stibnite Gold Project in Idaho.The announcement sent Midas Gold shares up 10.31% or $0.10 to $1.07 in early trading on Wednesday. The 52-week range for the sto...Read More

TORONTO - Shares of Kinross Gold Corp. fell more than 10 per cent in trading Wednesday as the gold miner said the government in Mauritania has requested talks regarding its activities in the country.The Canadian gold miner, which is near completion of its Tasiast mine in Mauritania, said its application to convert its Tasiast Sud exploration permit into an exploitation permit was recently rejected...Read More

Steph and Matt hated the cold, hated the crowds, and hated their corporate work. But they lived in densely–populated, and often frigid, Massachusetts. They worked 9-5 Monday through Friday, and were lucky to get three weeks off per year. And to top it all off, high Massachusetts taxes took a big chunk of their earnings.Enough was enough. They would find a way to move somewhere warm and rural...Read More