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

Drilling at the Bolo Project northeast of Tonopah, Nevada. Source: Allegiant Gold Ltd.Allegiant Gold Ltd. [AUAU-TSXV], the new spin out comprised of the Western U.S. exploration assets of Columbus Gold Corp. [CGT-TSX, CBGDF-OTCQX], released an update February 5 on exploration at its Bolo gold project northeast of Tonopah, Nevada. Shares of Allegiant, which is owned 16.7% by Columbus, rallied on th...Read More

By selling its stake in the U.S.-based company, Aphria Inc. (TSX:APH) seems to be trying to avoid issues with Canadian regulators as well as the TSXSmallCapPower | February 5, 2018: Aphria Inc. (TSX:APH) on February 2, 2018, announced a deal to divest its holding in Arizona-based marijuana company Copperstate Farms to Liberty Health Sciences Inc. (CSE:LHS) for a total consideration of $20 million...Read More

Teenagers already live in a dystopia. Their lives are controlled by the government and their parents. If legal adults were treated like American teenagers, that government would be considered one of the most oppressive on Earth.The government requires 6-16-year-olds to attend a government institution that subjects them to unconstitutional searches. Here, in public schools, they must ask permissio...Read More

Full Article: Criminals smuggling gold into JapanBy: Julian RyallPolice in Nagoya have arrested six people in connection with the latest in a growing number of smuggling attempts. The six men were accused of illegally importing five gold bars on a Japan Airlines flight from Taiwan to Nagoya's Chubu Airport in July 2017.The 5kg of gold had a value of 22.8 million yen (US$210,000) but the smugglers...Read More

Gold projects are no longer the favourite destination of private capital raised for investment in the mining sector as optimism about electric vehicle demand steer funds into battery metals.Private-equity deals in the mining industry bounced back in 2017 according to a new report by UK law firm Berwin Leighton Paisner with investment in the sector jumping by more than 30% to $2.3 billion.43% of fu...Read More

(IDEX Online) - Fancy color diamond prices posted a slight rise in the fourth quarter of 2017 from the previous quarter, according to The Fancy Color Research Foundation (FCRF).   There were significant increases in prices of fancy blue diamonds, offset by continued softness in fancy yellow diamonds and stagnation in fancy pink diamond prices, the FCRF said.   The Fancy Color Diamond In...Read More

CAPE TOWN (miningweekly.com) – South Africa’s ability to revitalise crucial infrastructure, especially rail and port networks, is among the key actions needed to bring investment back into the South African mining industry, Anglo American South Africa deputy chairperson Norman Mbazima said on Monday.Speaking on the first day of the Investing in African Mining Indaba, in which Creamer M...Read More

(IDEX Online) - Gem Diamonds achieved an average price of $2,217 per carat for its fourth quarter ending 31 December, up 19% from the third quarter, aided by a strong rise sales and the recovery of many diamonds greater than 100 carats at its Letseng mine in Lesotho.   It sold 31,476 carats during the period, up 21% from 25,909 carats in Q3 2017, and recovered seven gem quality diamonds great...Read More

CAPE TOWN (miningweekly.com) – There is a new sense of hope in the mining industry and in South Africa, says Chamber of Mines (CoM) CEO Roger Baxter.“It gives us a new confidence that a resurgence is taking place in the industry for the year ahead,” said Baxter, who spoke at a media briefing at the Investing in African Mining Indaba, on Monday.AdvertisementBaxter enthused that, &...Read More

(IDEX Online) - WD Lab Grown Diamonds announced that it has created a six-carat round diamond "that now stands as the world's only known lab- made CVD diamond of its size and shape" using its patented technology.   The gem stone was grown at the company's facility located just outside Washington, DC in a secure lab that produces diamonds for the gem stone market as well as industria...Read More

(IDEX Online) - The Indian diamond industry will have to adjust to higher taxes after the government announced a rise in import taxes on polished diamonds to 5% from 2.5%.   The announcement was made by Finance Minister Arun Jaitley during his budget speech to Parliament at the end of last week.   The tax will be applicable on natural and laboratory-grown polished diamonds, as well as co...Read More

SHANGHAI, Feb 5 (SMM) – Nonferrous metals futures saw mixed trading today with rising SHFE tin and zinc. Nickel dropped close to 2% while lead was down 0.79%. Aluminium and copper also edged down.Ferrous futures prices, however, rose across the board with coke almost 5% higher. Coking coal was up over 4% and iron ore was up 2.5%. Both rebar and hot-rolled coil registered small gains.Copper:...Read More

SHANGHAI, Feb 5 (SMM) – The operating rates of zinc smelters in January was up 1 percentage point from levels in December as output resumed at Shenzhen Zhongjin Lingnan Nonfemet, an SMM survey showed.For February, no new maintenance work has been planned so far but zinc production is set to be lower due to the Chinese New Year holiday. SMM expects the affected output would amount to ove...Read More

SHANGHAI, Feb 5 (SMM) – Nonferrous metals futures saw mixed trading today with rising SHFE tin and zinc. Nickel dropped close to 2% while lead was down 0.79%. Aluminium and copper also edged down.Ferrous futures prices, however, rose across the board with coke almost 5% higher. Coking coal was up over 4% and iron ore was up 2.5%. Both rebar and hot-rolled coil registered small gains.Copper:...Read More

SHANGHAI, Feb 5 (SMM) – Copper scrap spot prices fell 100 yuan/mt on Monday February 5 as demand remained sluggish ahead of Chinese New Year.The 1# bare bright copper in Guangdong province traded at 46,400-46,700 yuan/mt, down from 46,500-46,800 yuan/mt last Wednesday, SMM learned. Some sellers had to let go of their cargoes at lower prices due to cashflow requirements before Chinese New Yea...Read More

The Young Mining Professionals (YMP) - a non-profit group with chapters in Vancouver, Toronto, Montreal and London, U.K. - has awarded its Mining Professional of the Year Awards for 2017 to Stephen de Jong, chairman of Vancouver-based gold-silver junior Integra Resources (TSXV: ITR), and Catherine Raw, executive vice-president and chief financial officer of Barrick Gold. (TSX: ABX; NYSE: ABX).The...Read More

Shareholders of world's second largest miner Rio Tinto (ASX, LON:RIO) are being recruited to demand the company quit Australia's top mining lobby group.The Australasian Centre for Corporate Responsibility (ACCR) is looking to persuade about 100 investors to co-file a resolution at Rio Tinto's upcoming annual general meeting, in which it will ask the group to leave the Minerals Council of Austral...Read More

The Democratic Republic of Congo's state-owned miner, G?(C)camines, is seeking to take advantage of the country's new mining code and revise contracts with its international partners, as it claims the old rules meant foreign firms benefitted more from the country's riches than local producers.The company, which is heavily indebted and has consistently failed to meet production targets as of late,...Read More

Africa-focused gold producer Randgold Resources (LON:RSS) has doubled its full-year dividend after solid 2017 results, but it's warning the good times may be over soon as it's now facing demanding new regulations in Congo, one of its key jurisdictions.The company, which has five operating gold mines across west and central Africa, boosted shareholder payout by 100% to $2 a share, after a year of...Read More

VANCOUVER (miningweekly.com) – Takeover target Kennady Diamonds has started work on a 10 500 m 2018 winter drilling campaign at the Kennady North diamond project,  in Canada's Northwest Territories.Subject to a friendly C$176-million takeover offer by TSX- and Nasdaq-listed diamond producer Mountain Province Diamonds that was announced last week, the diamond drilling is expected to...Read More