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

Click to EnlargeLiCo Energy Metals Inc. [LIC-TSXV, WCTXF-OTCQB] was among the most actively traded stocks on the TSX Venture Exchange Friday January 26 after the company announced that the Phase 1 diamond drilling program at the Glencore Bucke property near Cobalt, northeast Ontario achieved its objectives.By early afternoon on Friday, almost 10 million shares had changed hands as the stock rose 1...Read More

Newstrike Resources Ltd. (TSXV:HIP) has a strong brand in Canada because of its partnership with iconic Canadian musical artists The Tragically HipSmallCapPower | January 26, 2018: Newstrike Resources Ltd. (TSXV:HIP) shares slid 19% to close at $1.47 on Wednesday following a friendly agreement in which Aurora Cannabis Inc. (TSX:ACB) will acquire CanniMed Therapeutics Inc. (TSX:CMED) in a stock-a...Read More

Metals of Interest: LithiumLocation: Abitibi-East County, QuebecSurface area: 35 contiguous recorded mineral claims for a total area of 1,509 hectares or 15.1 square kilometersGreat Thunder Gold Corp. (TSXV: GTG) is pleased to announce that it has received assay results from its drilling program at its 100%-owned Chubb Lithium Project located approximately 32 kilometres north of Val d'Or, Quebec,...Read More

The Klondex Mines Fire Creek gold mine in Lander County, northern Nevada. Source: Klondex Mines Ltd.Klondex Mines Ltd. [KDX-TSX; KLDX-NYSE] on Friday January 26 announced the final results of a 2017 surface exploration drill program at its Fire Creek Mine in northern Nevada.The program was designed to test the Zeus target (formerly known as the West Zone), which is 1.2 km northwest of the current...Read More

Parenting for Freedom article series: This is the fifth in a series of articles that analyzes how freedom-loving people can align their parenting with their political philosophy, and how doing so will allow ideas about personal liberty to carry on to the next generation.For a long time, the issue that held me back from being a full-fledged anarchist was the question of children. In a truly free so...Read More

The highly impressive increase in price of cryptocurrencies has loomed large over the lustrous metal of gold for the most part of 2017, leaving investors to wonder what promise 2018 might hold for this highly favoured precious commodity.Jordan Eliseo at ABC Bullion stated in his interview with Kitco that, "gold will continue its recovery from the bear market. We see the metal appreciating towards...Read More

Anglo American on Friday received long-awaited environmental permits that pave the way for the world's number four diversified miner to expand its Minas-Rio iron ore mine in the Brazilian state of Minas Gerais.Reuters reports state environmental regulator Semad granted a pre-installation and installation permit to Anglo, which would boost output capacity by about 56%, once the miner receives an ad...Read More

JOHANNESBURG (miningweekly.com) - Alrosa CEO Sergey Ivanov and Angolan President João Lourenço this week held their second meeting to discuss issues related to the closing of the transaction to increase Alrosa's shareholding in Catoca Mining to 41%."Recently, we have seen positive changes related to increasing of transparency and improving the investment climate in Angola. I...Read More

Improving commodity prices and upward trends in global demand, especially from major South African trading partners, are expected toreinvigorate the mining industry,enabling it to perform relatively well throughout 2018, the Department of Mineral Resources (DMR) states. The DMR notes that, with regard to the disputes pertaining to the Mining Charter and the extended legislative process for the Min...Read More

SHANGHAI, Jan 26 (SMM)? 1/4 ?Nonferrous futures retreated today for the most part, except for a 2% rise in nickel prices. SHFE lead and aluminium dropped about 1%. Tin, copper and zinc all edged down slightly.The ferrous complex was mixed with coke registering a small rise. Hot-rolled coil finished flat while iron ore dropped 1.5% and coking coal slipped 0.5%. Rebar also closed lower.Copper: SHFE...Read More

SHANGHAI, Jan 26 (SMM)? 1/4 ?Nonferrous futures retreated today for the most part, except for a 2% rise in nickel prices. SHFE lead and aluminium dropped about 1%. Tin, copper and zinc all edged down slightly.The ferrous complex was mixed with coke registering a small rise. Hot-rolled coil finished flat while iron ore dropped 1.5% and coking coal slipped 0.5%. Rebar also closed lower.Copper: SHFE...Read More

SHANGHAI, Jan 26 (SMM)? 1/4 ?Nonferrous futures retreated today for the most part, except for a 2% rise in nickel prices. SHFE lead and aluminium dropped about 1%. Tin, copper and zinc all edged down slightly.The ferrous complex was mixed with coke registering a small rise. Hot-rolled coil finished flat while iron ore dropped 1.5% and coking coal slipped 0.5%. Rebar also closed lower.Copper: SHFE...Read More

SHANGHAI, Jan 26 (SMM) – The likely rebound of US dollar poses the biggest downside risk for commodities in the short term, according to Xu Maili, commodities research director at Guangda Futures.“Funds are currently holding quite a lot of long bets, I think the need to cover their positions once the US dollar becomes stronger would be intense,” Xu said in an interview with SMM.W...Read More

SHANGHAI, Jan 26 (SMM) – The likely rebound of US dollar poses the biggest downside risk for commodities in the short term, according to Xu Maili, commodities research director at Guangda Futures.“Funds are currently holding quite a lot of long bets, I think the need to cover their positions once the US dollar becomes stronger would be intense,” Xu said in an interview with SMM.W...Read More

SHANGHAI, Jan 26 (SMM) – The likely rebound of US dollar poses the biggest downside risk for commodities in the short term, according to Xu Maili, commodities research director at Guangda Futures.“Funds are currently holding quite a lot of long bets, I think the need to cover their positions once the US dollar becomes stronger would be intense,” Xu said in an interview with SMM.W...Read More

SHANGHAI, Jan 26 (SMM)? 1/4 ?China’s nickel ore port inventory continued its decline to 7.62 million wet mt, as at January 26, down 430,000 mt on a weekly basis. This is about 62,300 mt for metal content, down 3,100 mt on a weekly basis.For editorial queries, please contact Daisy Tseng at daisy@smm.cn For more information on how to access our research reports, please emai...Read More

SHANGHAI, Jan 26 (SMM)? 1/4 ?Treatment charges (TC) of zinc concentrate were low in January and is expected to remain low in February due to a shorter supply of zinc ores, according to SMM research.In Inner Mongolia and Shaanxi provinces, TC stood at 3,500 yuan/mt of metal content while it was below 3,500 yuan/mt of metal content in Guangxi and Yunnan.SMM predicts TC will remain low...Read More

Subscribe, rate and follow us on SoundCloud, iTunes, YouTube, Google Play, Stitcher or RSS Feed!It’s our annual AME Round-Up special here at The Northern Miner podcast! Matt is bringing you live commentary and coverage from the marquee mining and minerals event in Vancouver, B.C. We dig into some of the buzz around the conference vis-? -vis metal prices, investing, and capital markets...Read More

World's second largest mining company Rio Tinto (ASX, LON:RIO) has lifted force majeure on shipments of refined copper from its Kennecott unit in the U.S., 79 days after adopting the measure.The company halted production of refined copper at its smelter at the Utah-based mine on Oct. 8 after a worker was exposed to sulphur dioxide gases at the plant while removing debris from a boiler. The employe...Read More

Swiss miner and commodities trader Glencore (LON:GLEN) has begun hiring for a number of new positions at its Lady Loretta zinc mine in Australia, which is slated to reopen in the first half of this year.Production at the Queensland-based operation was halted in 2015 because of falling zinc prices. Since then, the metal has more than doubled, so Glencore - the world's No.1 zinc producer - announce...Read More