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

Dear Reader,The Dow required just 23 record-breaking trading days to leap from 24,000 to 25,000.The same Dow took 24 trading days to leap 1,000 points under the old record… a record established only last year.Can we now expect the Dow to break 26,000 within the next 22 trading days?And does this galloping pace mean we have entered the crack-up boom - the manic boom that precedes the bust?Tod...Read More

The Beaufor gold mine located 27 km northeast of Val d'Or, northern Quebec. Source Monarques Gold Corp.Monarques Gold Corp. [MQR-TSXV, MRQRF- OTCMKTS, MR7 FSE] said exploration drilling has intersected high grade gold at the company's Beaufor Mine property in Quebec.The company said the 2,239-metre program was aimed at increasing the resources in two sectors of the Beaufor Mine known as Zone Q and...Read More

Global Blockchain Technologies Corp. (TSXV:BLOC) has invested $2.0 million by subscribing for all 8.0 million KodakCoins that were available in the pre-ICO StageSmallCapPower | January 11, 2018: Global Blockchain Technologies Corp. (TSXV:BLOC) is starting to make some waves in the emerging Canadian Blockchain space with two strategic investment announcements over the past couple of days.On January...Read More

VANCOUVER, BRITISH COLUMBIA / January 11, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to announce the appointment of Christopher Wolfenberg to the Company's Board of Directors. Mr. Wolfenberg is a Partner with the law firm of Fasken Martineau LLP. Prior to his current position he was a Partner with Norton Rose Fullbright. He provides practical...Read More

Full Article: It's Time for the Fear Trade to Move Gold PricesBy: Frank HolmesThe price of gold and gold mining stocks were very competitive in 2017. The yellow metal ended the year up a little more than 13 percent-its best year since 2010-while gold stocks, as measured by the NYSE Arca Gold Miners Index, gained more than 11 percent. All of this occurred even as large-cap stocks regularly closed...Read More

(IDEX Online) - Shmuel Schnitzer has stepped down as Chairman of the Israel Diamond Institute after less than two years in the post.   The IDI's Board of Directors has stated its appreciation for his years of service as Chairman of IDI and as a leader of the diamond industry.   The IDI Board released a statement saying, "The Board of Directors of the Israel Diamond Institute would...Read More

(IDEX Online) - Robbers stole an estimated $5.4 million of jewelry and other goods from a boutique in the Ritz Hotel in Paris on Wednesday.   Although police managed to arrest three suspects in central Paris, but at least two others got away, a police official told the media.   A police official said Thursday that one perpetrator dropped a bag with jewels and hatchets when his motorcycle...Read More

(IDEX Online) - Russian mining giant ALROSA sold $4.17 billion of rough diamonds last year.   "In 2017, rough diamond demand was fairly stable, market activity was in line with the seasonality and our expectations," said ALROSA Vice President Yury Okoemov.   "The average price of rough diamonds sold by ALROSA was a little lower than a year ago, which is due to the changed sales assortme...Read More

SHANGHAI, Jan 11 (SMM) – Nonferrous metals traded up for the most part today with SHFE aluminium leading the gains with 1.2% rise and nickel up 1%. Copper and zinc also edged up slightly while SHFE lead was down 0.56%.The ferrous complex saw coking coal finish higher by 0.73% while rebar and hot-rolled coil also registered rises. Coke dropped 0.49% and iron ore slipped 0.36%.Copper: SHFE cop...Read More

SHANGHAI, Jan 11 (SMM) – Nonferrous metals traded up for the most part today with SHFE aluminium leading the gains with 1.2% rise and nickel up 1%. Copper and zinc also edged up slightly while SHFE lead was down 0.56%.The ferrous complex saw coking coal finish higher by 0.73% while rebar and hot-rolled coil also registered rises. Coke dropped 0.49% and iron ore slipped 0.36%.Copper: SHFE cop...Read More

SHANGHAI, Jan 11 (SMM) – Nonferrous metals traded up for the most part today with SHFE aluminium leading the gains with 1.2% rise and nickel up 1%. Copper and zinc also edged up slightly while SHFE lead was down 0.56%.The ferrous complex saw coking coal finish higher by 0.73% while rebar and hot-rolled coil also registered rises. Coke dropped 0.49% and iron ore slipped 0.36%.Copper: SHFE cop...Read More

SHANGHAI, Jan 11 (SMM)? 1/4 ? The decline in nickel ore shipments to China from the Philippines was mainly due to bad weather in Tawi-Tawi while the impact of environmental protection issues in Zambales was rather small.News reports suggested that four nickel ore miners in Zambales were involved in local environmental disputes and shipments from the region have been affected. The four companies we...Read More

SHANGHAI, Jan 11 (SMM)? 1/4 ? Trading in China’s physical imported copper market is likely to stay thin until Chinese New Year with spot premiums under pressure, SMM believes.SMM’s Yangshan copper premium with warehouse warrant dropped to $75.5/mt on Thursday January 11, lowest level since late October last year. This is mainly due to weaker import demand and the close of arbitrage win...Read More

SHANGHAI, Jan 11 (SMM)? 1/4 ?Copper: LME copper sees support at $7,100/mt and is expected to trade at $7,100-7,200/mt today, while the SHFE 1803 copper is expected to trade at 54,600-55,500 yuan/mt. Spot premiums are set to be stable today at flat to 50 yuan/mt with the approaching futures delivery.Zinc: LME zinc remained firm with low inventory. We expect it to trade between the five-day and 10-d...Read More

SHANGHAI, Jan 11 (SMM)? 1/4 ?Copper: LME copper sees support at $7,100/mt and is expected to trade at $7,100-7,200/mt today, while the SHFE 1803 copper is expected to trade at 54,600-55,500 yuan/mt. Spot premiums are set to be stable today at flat to 50 yuan/mt with the approaching futures delivery.Zinc: LME zinc remained firm with low inventory. We expect it to trade between the five-day and 10-d...Read More

SHANGHAI, Jan 11 (SMM)? 1/4 ?Copper: LME copper sees support at $7,100/mt and is expected to trade at $7,100-7,200/mt today, while the SHFE 1803 copper is expected to trade at 54,600-55,500 yuan/mt. Spot premiums are set to be stable today at flat to 50 yuan/mt with the approaching futures delivery.Zinc: LME zinc remained firm with low inventory. We expect it to trade between the five-day and 10-d...Read More

Published on: Jan 11, 2018 | by finfeedPure Minerals Limited (ASX:PM1) continues to deliver incremental progress at its 100%-owned Battery Hub manganese project in WA's Gascoyne region.In a market update today, the company announced initial drill results from its first phase of drilling. The key statistical highlights are summarised below:Source: Pure MineralsPM1 has strong intentions of defining...Read More

Shares in Skeena Resources Limited (TSX.V:SKE) jumped 6% on Thursday after the company announced additional drill results from 13 holes at its Snip gold project located in the Golden Triangle of British Columbia.In lunchtime trade the Vancouver-based junior was exchanging hands for $0.74, up 10.4% on the TSX Venture Exchange, in more than double usual volumes. Skeena is now worth $53 million in To...Read More

JOHANNESBURG (miningweekly.com) – Russian miner Alrosa’s diamond sales fell to $4.27-billion in 2017, from $4.45-billion in the previous year, as the average price of its rough diamonds dipped.Reporting on the group’s 2017 sales figures, VP Yury Okoemov explained on Thursday that the average price of rough diamonds sold by Alrosa was “a little lower than a year ago”,...Read More

Published on: Jan 11, 2018 | by finfeedNorthern Cobalt (ASX:N27) has provided an update from its Stanton Cobalt Deposit in the Northern Territory. The company commenced its scoping study of the promising region on 2 January this year, with drill core samples from its diamond drilling program at the deposit arriving in Adelaide on 22 December 2017.Core inspection by the scoping study team commenced...Read More