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

Sampling stockpiles at the Orefinders Mirado gold project near Kirkland Lake, Ontario. Source: Orefinders Resources Inc.Orefinders Resources Inc. [ORX-TSXV, OTC-ORFD] said Tuesday January 30 that its plans to spin out a pure play battery metals public company that will initially consist of its Mann Mines silver and cobalt properties the Cobalt-Gowganda region of northeast Ontario.While Orefinders...Read More

Ubika Research analyst provides an update on the latest core sample results from GTA Mining and Resources Inc. (TSXV:GTA), which included 320.1 g/t goldSmallCapPower | January 30, 2018: Bonanza grade from final assay results. On January 29, 2018, GTA Mining and Resources Inc. (TSXV:GTA) reported the last core sample from its completed drill campaign at Big Duck Lake located 25km north of Schreibe...Read More

It is true, the National Security Agency created part of the code for Bitcoin.When you first hear that, it is pretty jarring. It seems like a smoking gun! Case closed, conspiracy theory proven.But the NSA creates a lot of cryptography code. Some of it works and is widely adopted.The piece of the Bitcoin code created by the NSA is a hash function called SHA-256. SHA stands for Secure Hashing Algori...Read More

VANCOUVER, British Columbia, Jan. 30, 2018 (GLOBE NEWSWIRE) - MGX Minerals Inc. ("MGX" or the "Company") (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce that wholly-owned subsidiary ZincNyx Energy Solutions, Inc. ("ZincNyx") has commenced development of a scaled-up 20 kW system for use in utility-scale battery storage. The 20kW/160kWh modules represent a 4x increase in both energy a...Read More

Full Article: "Gold And Silver Are Going to Explode" By: Bill MurphyGold and silver should be trading at much higher levels when compared with historical prices, said Bill Murphy, Director of the Gold Anti-Trust Action Committee."Two of the markets that should be on fire are gold and silver," Murphy told Kitco News on the sidelines of the Vancouver Resource Investment Conference, "when you look...Read More

Cobalt prices have been one of the main beneficiaries of the scramble for battery materials by auto manufacturers.The metal quoted on the LME recently topped $80,000 a tonne, a gain of 140% since the beginning of last year. Measured from its record low hit in February 2016, the metal is more than $50,000 more expensive.Negotiating a price for a streaming deal could be complicated by the limited si...Read More

Shares in Vanadiumcorp Resource Inc (CVE:VRB) slumped Tuesday after the company announced the preliminary economic assessment for its flagship Lac Dor?(C) project in Quebec is being reviewed by regulators.During lunchtime trade the Vancouver-based junior was exchanging hands for $0.14, down just shy of 10 % on the TSX Venture Exchange, in higher than usual volumes. The microcap is now worth $32.5...Read More

(IDEX Online) - De Beers sold rough diamonds with a provisional value of $665 million in the first sales cycle (Global Sightholder Sales and Auction Sales) of 2018, due to industry restocking following the holiday sales season.   Bruce Cleaver, CEO, De Beers Group, said: "Following positive early signs for diamond jewellery sales over the holiday season in the US, the need for the industry to...Read More

JOHANNESBURG (miningweekly.com) – Diamond miner De Beers achieved an “encouraging” sales performance in the first sales cycle of this year, with industry restocking contributing to increased demand for rough diamonds.The company sold $665-million worth of diamonds in the sales cycle, compared with sales of $445-million in the tenth cycle of 2017.Advertisement“This seasonal...Read More

(IDEX Online) - Nine of the leading diamond and jewelry industry organizations (AWDC, CIBJO, DPA, GJEPC, IDI, IDMA, USJC, WDC and WFDB) have released a jointly developed Diamond Terminology Guideline.   It aims to encourage full, fair and effective use of a clear and accessible terminology for diamonds and synthetics diamonds by all sector bodies, organizations, traders and retailers.  ...Read More

VANCOUVER (miningweekly.com) – TSX- and Nasdaq-listed diamond producer Mountain Province Diamonds has signed a definitive arrangement agreement whereby it will buy its exploration spinout Kennady Diamonds in an all-scrip deal worth about C$176-million, the companies announced on Monday.News of the transaction buoyed Kennady's TSX-V-listed stock, lifting shares more than 20% to C$3.31 api...Read More

SHANGHAI, Jan 30 (SMM) – Nonferrous metals fell for the most part on Tuesday January 30 except for a small rise in SHFE tin. SHFE aluminium led the loss by a 1.5% decline, while copper and lead dropped close to 1%.The ferrous market saw mixed trading with iron ore and coking coal up slightly. Coke was down over 1%, as rebar slid 0.6% and hot-rolled coil slipped 0.5%.Copper: We expect copper...Read More

SHANGHAI, Jan 30 (SMM) – Nonferrous metals fell for the most part on Tuesday January 30 except for a small rise in SHFE tin. SHFE aluminium led the loss by a 1.5% decline, while copper and lead dropped close to 1%.The ferrous market saw mixed trading with iron ore and coking coal up slightly. Coke was down over 1%, as rebar slid 0.6% and hot-rolled coil slipped 0.5%.Copper: We expect copper...Read More

SHANGHAI, Jan 30 (SMM) – Nonferrous metals fell for the most part on Tuesday January 30 except for a small rise in SHFE tin. SHFE aluminium led the loss by a 1.5% decline, while copper and lead dropped close to 1%.The ferrous market saw mixed trading with iron ore and coking coal up slightly. Coke was down over 1%, as rebar slid 0.6% and hot-rolled coil slipped 0.5%.Copper: We expect copper...Read More

SHANGHAI, Jan 30 (SMM) –Copper: The latest Commitments of Traders report published by the Commodity Futures Trading Commission (CFTC) showed that investors have reduced their long positions following a price drop earlier last week. We see pressure for copper futures prices as Chinese consumptions dwindle ahead of Chinese New Year. The LME contract is expected to trade at $7,070-7,120/mt toda...Read More

SHANGHAI, Jan 30 (SMM) –Copper: The latest Commitments of Traders report published by the Commodity Futures Trading Commission (CFTC) showed that investors have reduced their long positions following a price drop earlier last week. We see pressure for copper futures prices as Chinese consumptions dwindle ahead of Chinese New Year. The LME contract is expected to trade at $7,070-7,120/mt toda...Read More

SHANGHAI, Jan 30 (SMM) –Copper: The latest Commitments of Traders report published by the Commodity Futures Trading Commission (CFTC) showed that investors have reduced their long positions following a price drop earlier last week. We see pressure for copper futures prices as Chinese consumptions dwindle ahead of Chinese New Year. The LME contract is expected to trade at $7,070-7,120/mt toda...Read More

Despite beginning the year in good shape, the global iron ore industry is starting to experience a fresh drop in prices that has analysts trying to decide whether this is the start of a deeper downtrend or a pull-back.According to the Metal Bulletin, the price for benchmark 62% fines slipped Tuesday below $73 per tonne, down $1.36 per tonne month-to-date average.Chinese iron ore futures ticked hi...Read More

Mining giant Rio Tinto's (ASX, LON, NYSE: RIO) driverless trucks fleet has achieved a major milestone as it moved its one-billionth tonne of material in Western Australia's Pilbara region last month, the company said.The figure corresponds to roughly 25% of both ore and waste material hauled last year across the company's five sites in the Pilbara region, including the newly commissioned Silvergra...Read More

Published on: Jan 30, 2018 | by finfeedKairos Minerals (ASX:KAI) has received promising assay results from its recent drilling program at its 100%-owned Roe Hills Project in Western Australia.The key focus of the program was previously defined gold mineralisation areas at Lingering Kiss, Terra and Lady of the Lake. The program consisted of 27 holes for 3,101 metres combined aircore/reverse circula...Read More