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

A sparkling future beckons for the coloured gemstones market, avers financial portal Safehaven. It cites commenter Charles Kennedy, who believes that gemstone prices, which have been increasing steadily in the past decade, could continue to increase on the back of surging demand. “The price of emeralds, for example, has increased by 500% since 2010, according to Gemfields plc.”Advertis...Read More

SHANGHAI, Feb 2 (SMM) – SHFE nickel led the gains of base metals today with an over 2% rise while SHFE lead was up close to 1%. Copper increased by 0.72% and zinc was up 0.45%. Tin, however, edged down 0.6%.The ferrous complex saw coking coal jump almost 3% whereas coke was up close to 2%. Hot-rolled coil rose 1.6%, iron ore went up 1% and rebar edged up 0.51%.Copper: The SHFE 1803 copper co...Read More

SHANGHAI, Feb 2 (SMM) – SHFE nickel led the gains of base metals today with an over 2% rise while SHFE lead was up close to 1%. Copper increased by 0.72% and zinc was up 0.45%. Tin, however, edged down 0.6%.The ferrous complex saw coking coal jump almost 3% whereas coke was up close to 2%. Hot-rolled coil rose 1.6%, iron ore went up 1% and rebar edged up 0.51%.Copper: The SHFE 1803 copper co...Read More

SHANGHAI, Feb 2 (SMM) – SHFE nickel led the gains of base metals today with an over 2% rise while SHFE lead was up close to 1%. Copper increased by 0.72% and zinc was up 0.45%. Tin, however, edged down 0.6%.The ferrous complex saw coking coal jump almost 3% whereas coke was up close to 2%. Hot-rolled coil rose 1.6%, iron ore went up 1% and rebar edged up 0.51%.Copper: The SHFE 1803 copper co...Read More

SHANGHAI, Feb 2 (SMM) –Copper: A stronger Chinese yuan, a lower SHFE/LME price ratio, and tighter funds ahead of Chinese New Year led us to expect a rangebound trading for the SHFE copper contract. We see support at 52,500-53,000 yuan/mt today while LME copper may trade at $7,080-7,140/mt. Spot discounts are seen at 100-40 yuan/mt today with reluctant sellers.  Aluminium: LME aluminium...Read More

SHANGHAI, Feb 2 (SMM) – Russian nickel was trading at a discount of 300 yuan/mt against the Wuxi Stainless Steel Exchange 1802 contract on Friday February 2 whereas Jinchuan nickel was flat in the Shanghai market, SMM learned.  Higher nickel futures prices overnight have left market participants reluctant to trade. Transactions were reported at 103,300-104,000 yuan/mt in the morning. &n...Read More

SHANGHAI, Feb 2 (SMM) –Copper: A stronger Chinese yuan, a lower SHFE/LME price ratio, and tighter funds ahead of Chinese New Year led us to expect a rangebound trading for the SHFE copper contract. We see support at 52,500-53,000 yuan/mt today while LME copper may trade at $7,080-7,140/mt. Spot discounts are seen at 100-40 yuan/mt today with reluctant sellers.  Aluminium: LME aluminium...Read More

SHANGHAI, Feb 2 (SMM) –Copper: A stronger Chinese yuan, a lower SHFE/LME price ratio, and tighter funds ahead of Chinese New Year led us to expect a rangebound trading for the SHFE copper contract. We see support at 52,500-53,000 yuan/mt today while LME copper may trade at $7,080-7,140/mt. Spot discounts are seen at 100-40 yuan/mt today with reluctant sellers.  Aluminium: LME aluminium...Read More

Published on: Feb 2, 2018 | by finfeedLithium Australia NL (ASX:LIT) has provided a promising update on its SiLeach (R) technology, announcing it will develop a large-scale pilot plant (LSPP) - having already approved front-end engineering and design (FEED) for the plant.The move is considered a pivotal step on the road to commercialisation and will symbolise LIT's final stages of research and dev...Read More

Global miner Rio Tinto (ASX, LON:RIO) is said to be once again chasing a $5bn stake in Chile's Chemical and Mining Society (SQM), the world's largest lithium producer, following the resolution of a long-dragged dispute between the company and the country's government over royalties in Salar de Atacama.The deal between SQM and Chile's development agency Corfo, reached last month, freed the lit...Read More

Shares in Africa-focused Gem Diamonds (LON:GEMD) got a fresh boost on Friday after the miner said sales in the fourth quarter of 2017 were higher than in the previous three months, adding it also achieved better prices for its gems.The company, which last month found the world's fifth-biggest diamond in history at its flagship Let??eng mine in Lesotho, sold 31,476 carats during the three month...Read More

Precious metal miner Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) said Friday all the workers that were trapped since Wednesday night at its Beatrix gold mine in South Africa have been rescued.Nearly 1,000 miners got stuck underground for more than 24 hours after a storm knocked out power lines supplying electricity to Beatrix. Emergency power supply from backup generators enabled 64 employees to ret...Read More

JOHANNESBURG (miningweekly.com) - LSE-listed Gem Diamonds' CEO Clifford Elphick is pleased that the improvement in the recovery of greater than 100 ct diamonds at its Letšeng mine, in Lesotho, has continued into this year."This is largely attributable to the ongoing technical improvements made at the Letšeng mine," he said on Friday.AdvertisementLast month, the company...Read More

Published on: Feb 2, 2018 | by finfeedASX small-cap explorer, Marquee Resources (ASX:MQR), revealed in late January that it has completed due diligence for a series of high-grade Canadian cobalt acquisitions.As MQR announced in December, it has entered into a binding share purchase agreement to acquire 100 per cent of the issued capital of Canadian CO27.This agreement enables MQR to acquire three...Read More

Our deal to develop the underground phase of our mainstay Cannon gold mine near Kalgoorlie in Western Australia has turned a cash consuming asset into a cash-generating one.With an upfront payment, ongoing per-ounce amounts and continued upside exposure, the deal leaves us free to focus on our South Korean projects, where high-grade gold and silver have been confirmed.The Cannon deal involves our...Read More

Palisade Research February 2, 2018 Category: Research Nickel’s fundamentals haven’t looked this good in a long time.The price of nickel is already up 29% in the last 6 months.But 20% of that is from the last 60 days alone. . .Within the shadows, nickel has been setting up for an exciting future.Diminishing supplies and surging demand has tightened the market for the metal.And as an inv...Read More

Don’t politicians understand irony!The Polish Senate just passed a bill to make it illegal to claim that Poles were complicit in implementing death camps during WWII in Nazi-occupied Poland.Because nothing proves you’re not a Nazi like being a free-speech Nazi.The bill is expected to be signed by the President of Poland who previously voiced support. The law would make it illegal to...Read More

Don’t politicians understand irony!The Polish Senate just passed a bill to make it illegal to claim that Poles were complicit in implementing death camps during WWII in Nazi-occupied Poland.Because nothing proves you’re not a Nazi like being a free-speech Nazi.The bill is expected to be signed by the President of Poland who previously voiced support. The law would make it illegal to...Read More

Carube Copper Corp. (TSXV: CUC) (the 'Company') announces today that the Company has closed the first tranche of its non-brokered private placement of up to $1,200,000 (the 'Offering') announced on December 1, 2017.Read full newsRead More

Vangold Mining Corp. (TSX: VAN) (OTC: VGLDF) ('Vangold' or 'the Company') has granted, subject to regulatory approval, incentive stock options to officers, directors, consultants and employees to acquire up to 2,600,000 common shares at $0.20 per share for a five year term, in accordance with its Stock Option Plan.Read full newsRead More