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

My first job was in sales. I went into sales because I enjoyed it and it paid well. To reach my goals, I knew I had to be the best. Due to that motivation, I turned to an icon writer - Napolean Hill. I read many of his books to learn how to be the best sales person I could be. I had great books that I devoured - Think and Grow Rich, Success Through a Positive Mental Attitude, The Law of Succ...Read More

The company said Wednesday the 90% gold recovery had been indicated from leaching test work, with recoveries of up to 97% reported from some tests.Read More

The copper, zinc and gold miner has taken on Hatch because of his investment banking experience. An engineer by trade, Hatch has also worked at RBS and ING. Vast chairman Brian Moritz said he would be a strong addition to the current five-person board. "We are very pleased to welcome Nick to the Board and believe his experience and technical insight will assist Vast as we develop ou...Read More

Two diamond drill rigs are drilling scissor holes following the discovery hit of 928m grading 0.3% copper and 0.27 grams per tonne gold (equating to 0.47% copper equivalent) from 458m.Both holes are currently said to be in mineralisation, with step-out holes planned.The discovery hole was terminated in mineralisation because the company assessed the drilling was "very slowly passing out of the sys...Read More

The company reported a net loss of US$7 million, or $0.02 per share, for the March quarter, which compared to a net loss of $1.5 million a year ago.Read More

Petropavlovsk founders Peter Hambro and Pavel Maslovskiy were ousted last year in June and July, respectively, as former major shareholder Viktor Vekselberg led a coup against the board. Read More

Two years ago at a conference around this time of year the company was proudly Australian and l2 months ago it was pretty much the same, though in the second half of last year it did make a small investment (A$2.5 million) in ASX-listed Alaska gold explorer Riversgold.Read More

SHANGHAI, May 9 (SMM) – Nonferrous metals futures dipped for the most part on Wednesday May 9 as SHFE copper led declines with a drop of over 1%. Nickel, tin, and aluminium fell nearly 1%, and zinc inched down. Lead closed slightly higher. The ferrous complex fell across the board on Wednesday. Rebar and coke dipped over 2%, hot-rolled coil and coking coal lost nearly 2%, and iron ore l...Read More

SHANGHAI, May 9 (SMM) – Nonferrous metals futures dipped for the most part on Wednesday May 9 as SHFE copper led declines with a drop of over 1%. Nickel, tin, and aluminium fell nearly 1%, and zinc inched down. Lead closed slightly higher. The ferrous complex fell across the board on Wednesday. Rebar and coke dipped over 2%, hot-rolled coil and coking coal lost nearly 2%, and iron ore l...Read More

SHANGHAI, May 9 (SMM) – Nonferrous metals futures dipped for the most part on Wednesday May 9 as SHFE copper led declines with a drop of over 1%. Nickel, tin, and aluminium fell nearly 1%, and zinc inched down. Lead closed slightly higher. The ferrous complex fell across the board on Wednesday. Rebar and coke dipped over 2%, hot-rolled coil and coking coal lost nearly 2%, and iron ore l...Read More

SHANGHAI, May 9 (SMM) – Spot copper was mostly offered at a premium of 20-100 yuan/mt over the SHFE 1805 contract on Wednesday May 9 in the Shanghai market. This compared with a premium of 10-70 yuan/mt on the previous day. Transactions were more active than the last two days, mostly driven by restocking across downstream consumers, SMM learned. High-quality copper traded...Read More

SHANGHAI, May 9 (SMM) – In China's spot zinc market on Wednesday May 9, smelters continued to lower offers after thinner transactions from the previous day. Pressure grew in the spot market as prices of the SHFE 1806 contract fluctuated during the day, SMM learned.The SHFE 1806 contract rebounded after it fell to a low of 23,605 yuan/mt in the morning session, and closed l...Read More

SHANGHAI, May 9 (SMM) – Norilsk nickel traded briskly while the Shanghai market traded normally on the morning of Wednesday May 9, SMM learned. Downstream consumers were keen to inquire about prices.Most transactions were heard at 103,900-104,400 yuan/mt. Norilsk nickel traded at a premium of 500 yuan/mt against the Wuxi Stainless Steel Exchange 1806 contract, while Jinchuan traded...Read More

Palisade Research May 9, 2018 Category: Research Mexican Gold Corp. (CVE:MEX, FRA:4QW1) continues its hot-streak – this time drilling 3.87 g/t AuEq over 6.0 meters.Step-out hole LM-18-JB-25 was drilled 33 meters west of the boundary of the El Dorado/Juan Bran (EDJB) zone outlined by the maiden resource estimate.The El Dorado/Juan Bran zone outcrops on surface and occurs as a flat lying to s...Read More

SHANGHAI, May 9 (SMM) – This is a roundup of China's base metals output in April. SMM surveyed major producers in the market to obtain information for calculation.Copper: China's refined copper output came in at 737,800 mt in April, up 3.4% month on month and up 14.2% year on year, an SMM survey showed. Output in the first four months of this year stood at 2.86 million mt, up 11...Read More

SHANGHAI, May 9 (SMM) – This is a roundup of China's base metals output in April. SMM surveyed major producers in the market to obtain information for calculation.Copper: China's refined copper output came in at 737,800 mt in April, up 3.4% month on month and up 14.2% year on year, an SMM survey showed. Output in the first four months of this year stood at 2.86 million mt, up 11...Read More

SHANGHAI, May 9 (SMM) – This is a roundup of China's base metals output in April. SMM surveyed major producers in the market to obtain information for calculation.Copper: China's refined copper output came in at 737,800 mt in April, up 3.4% month on month and up 14.2% year on year, an SMM survey showed. Output in the first four months of this year stood at 2.86 million mt, up 11...Read More

SHANGHAI, May 9 (SMM) –Copper: LME copper fell below all moving averages overnight and the SHFE 1807 contract performed no better. We expect LME copper to trade at $6,760-6,830/mt today with SHFE 1807 at 50,700-51,200 yuan/mt. Spot premiums are seen higher at 50-100 yuan/mt as sellers are likely to offer higher against the falling futures market.Aluminium: The SHFE 1807 contract fell to a lo...Read More

SHANGHAI, May 9 (SMM) –Copper: LME copper fell below all moving averages overnight and the SHFE 1807 contract performed no better. We expect LME copper to trade at $6,760-6,830/mt today with SHFE 1807 at 50,700-51,200 yuan/mt. Spot premiums are seen higher at 50-100 yuan/mt as sellers are likely to offer higher against the falling futures market.Aluminium: The SHFE 1807 contract fell to a lo...Read More

SHANGHAI, May 9 (SMM) –Copper: LME copper fell below all moving averages overnight and the SHFE 1807 contract performed no better. We expect LME copper to trade at $6,760-6,830/mt today with SHFE 1807 at 50,700-51,200 yuan/mt. Spot premiums are seen higher at 50-100 yuan/mt as sellers are likely to offer higher against the falling futures market.Aluminium: The SHFE 1807 contract fell to a lo...Read More