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

The offer comes over the top of a competing 12c per share, $25 million all-stock offer from Victoria Gold which came a week ago and which ATAC rebuffed as being too low.Read More

Nickel price trends have become hard to predict. Ever since the London Metals Exchange (LME) crash, in March 2022, and the subsequent canceled trades, a number of banks pulled out and took with them the Exchange's liquidity. Nickel prices on the LME have since become so volatile that suppliers no longer view them as representative of nickel's market value. Today, most of the nickel being sold - pa...Read More

New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesBluejay Mining first hit radar screens when it emerged it had received b...Read More

Upped production for 2025 Elsewhere, the London-listed company said it expected to produce an additional 2.3Mct by undergoing a centre cut extension at its Cullinan mine.Read More

ATAC Resources (TSXV: ATC; OTCQB: ATADF) is now set to be sold to Hecla Mining (NYSE: HL) in a deal valued at $31 million after the junior rejected a $25-million offer from Victoria Gold (TSX: VGCX) earlier this month.On Tuesday, ATAC and Hecla entered into a non-binding letter of intent that would see the latter acquire the Rackla and Connaught projects located in the Yukon. Hecla is the largest...Read More

(IDEX Online) - Fugitive Indian diamond merchant Jatin Mehta has failed in a bid to halt legal proceedings against him in a British court over allegations that he defrauded lenders out of $1bn.Mehta (pictured) had sought to have the case heard in India instead. He and his family were found to be living in London last year.He is accused of defrauding15 lenders out of the $1bn lent to his companies...Read More

Niko Cacos, president and CEO of Argentina Lithium discusses recent drill results at the company's Rincon West lithium brine project, the timing of an initial resource for the project, and the possibility of using direct lithium extraction (DLE). Cacos spoke with staff reporter Henry Lazenby at the Vancouver Resource Investment Conference in January 2023. Read More

This week's episode features GlobalXETF commodities research analyst Roberta Caselli in conversation with host Adrian Pocobelli on metals and energy markets. Roberta discusses the historically low inventories of metals such as copper and zinc, as well as the growing impact of the reopening in China and the country's stabilizing property market. She also describes the fundamentals of the zinc, uran...Read More

Shares of Sigma Lithium (TSXV: SGMA) rose more than 20% on Tuesday morning following a long-weekend media report that electric vehicle manufacturer Tesla (NASDAQ: TSLA) is in takeover talks with the Brazil-focused lithium developer.Bloomberg reported late on Feb. 17 that Tesla was weighing a takeover of the company.The report cites unnamed sources "with knowledge on the matter," stating that Elon...Read More

Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has launched an off-market takeover bid for Australia's New Century Resources (ASX: NCZ), offering to pay $83 million for the shares it doesn't already own.The South African company, already the largest owner of New Century with a 19.9% stake, said it planned to acquire another 10.92% of the zinc producer on market at or below the A$1...Read More

Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada's largest diversified miner, announced major changes on Tuesday, switching its name to Teck Metals Corp. and spinning off its multibillion-dollar steelmaking coal unit into a new company - Elk Valley Resources Ltd.The Vancouver-based miner said the business separation will allow it to focus on industrial metals such as copper, which is crucia...Read More

Luquman Shaheen, president and CEO of Panoro Minerals, talks to Mining Journal about the Cotabambas project, which he sees as the next large scale copper project in southern Peru.Read More

Big Ridge Gold (TSXV: BRAU; OTCQB: ALVLF) says a new mineral resource estimate for the Hope Brook project in Newfoundland and Labrador doubles its inferred contained gold compared with eight years ago. The deposit in the province's southwest, about 75 km east of Port aux Basques, the closest point to Nova Scotia, is being explored where a former open pit and underground mine produced about 750,...Read More

It's amazing - we haven't heard about any balloon shootdowns over the past several days.White and silver, plastic and metallic, large and small, the sky has suddenly been filled with balloons. And they've been getting shot down almost daily by fighter aircraft (not always on the first try).Of course, I'm not referring to just any balloons. Some of these "objects" are probably sophisticated espiona...Read More

(IDEX Online) - De Beers says the long-standing agreement, under which it sells 75 per cent of Botswana's rough diamonds, will survive the current turmoil.A company spokesman told Reuters this week it was "confident that our successful partnership will continue".Two weeks ago the country's President Mokgweetsi Masisi told crowds at a rally of his ruling party that he would walk away from...Read More

New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesI mention these factors because it demonstrates that while in some areas...Read More

New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesThe Ugandan government will set up a state-owned mining company, called...Read More

"Tech is the dog," reads a note I tucked away a couple weeks ago. "Crypto is the tail."In our quest to demystify this year's maddening market action, we've been thinking at length about what's behind some of these erratic stock moves.I explored the idea a few weeks ago that crypto and tech-growth are two sides of the same coin - a Covid Bubble phenomenon that topped out in spectacular fashion in e...Read More

If you haven't been able to try your hand at AI programs like ChatGPT and DALL-E, you're not alone. The endless wait lists mean only a select few can access them. It's the same reason nobody drives in New York - too much traffic. These wait lists are restrictive partially because the programs are still in the early development stages, but there's another reason they haven't already b...Read More

Faurecia S.E. (OTCPK:FURCF) Q4 2022 Earnings Conference Call February 20, 2023 4:30 AM ETCompany ParticipantsPatrick Koller - CEOOlivier Durand - EVP and Group CFOConference Call...Read full newsRead More