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

Wallbridge Mining (TSX: WM; US-OTC: WLBMF) announced an updated resource estimate for its Fenelon and Martiniere gold projects, located on the company's Detour-Fenelon gold trend land package in the Abitibi region of Quebec.The company gave estimates for both the Fenelon and Martiniere projects. Together the indicated resource is 30.7 million tonnes grading 3.09 grams gold per tonne for 3.1 millio...Read More

Share this articleVANCOUVER - Pacific Ridge Exploration Ltd. [PEX-TSXV; PEXZF-OTCQB] reported the remaining results from the 2022 diamond drill program completed at the 75%-optioned Kliyul copper-gold porphyry project, located in the prolific Quesnel Trough in north-central British Columbia.Highlights: Drill hole KLI-22-050 returned 89.0 metres of 1.06% copper equivalent (CuEq) (0.28% copper, 1.05...Read More

"The recent strength in the copper market is a positive start to the year, reflecting not just the relaxation of Covid restrictions in China and its expected stronger growth, but also the fundamentalRead More

(IDEX Online) - Priceless jewels have been recovered after the $129m heist at The Green Vault museum, in Dresden, Germany - but many have been damaged.And some of the most valuable items from one of Europe's greatest art collections are still missing.Three of the six defendants being tried for the raid, in November 2019, changed their pleas to guilty on Monday, having returned 31 fragments fr...Read More

An initial total $471 million is being priced at A$1.02 and primarily involves institutions and the Chinese vendor of the high-pressure acid leach asset Nickel Industries is buying a stake in.Read More

A century ago, this equation saved the world from starvation:Now it's aiming to save the planet by solving climate change.This is the equation for the Haber-Bosch process. It's been called "one of the most important industrial chemical reactions ever developed" for good reason.The Haber-Bosch process converts hydrogen and nitrogen into ammonia.This ammonia is the base for the world's most com...Read More

"Canada is approving critical minerals mines," Wilkinson said on his Twitter account in response to a January 16 post by the country's environment minister Steven Guilbeault on the project . "That'sRead More

Sarama Resources Ltd. ("Sarama" or the "Company") (ASX:SRR, TSX?EUR? V:SWA) is pleased to announce that exploration drilling at its 100%?EUR?owned(4), multi?EUR?million?EUR?ounce Sanutura Project (the "Project") has discovered a new mineralised trend extending for 700m in the north of the Tankoro Mineralised Corrid...Read full newsRead More

(IDEX Online) - Petra Diamonds says it's considering "additional financing options to provide support" while its Williamson mine is out of action.It also says it's talking to the government of Tanzania about the sale of a long-disputed diamond parcel that was confiscated in September 2017.A breach of the mine's tailings storage facility last November released 12.8m cubic metres of m...Read More

4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streaming"As the minister of finance of Saudi Arabia said, mining in Saudi Arabia is an economic play. It's not a fiscal p...Read More

4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingBHP Xplor is an exploration accelerator established in August 2022, designed to support junior explorers and come...Read More

Last year's gold production was around 1% lower than the 4.2M oz of gold produced in 2021 and the third straight year of an annual decline in output.Read More

(IDEX Online) - Petra Diamonds announced yesterday that it had taken the "difficult decision" to put its loss-making Koffiefontein mine, in South Africa, on care and maintenance as it prepares for complete closure.The UK-based miner said it had failed to find a buyer for the underground deposit, which dates back to 1880 and which was expected to reach the end of its life in 2025."Production at Kof...Read More

Through its subsidiary, Zijin International Holdings, the company hopes to secure the exploration rights for the mine in Hotan County, Xinjiang, which is being offered by the Department of NaturalRead More

Share this article VANCOUVER - Solaris Resources Inc. [SLS-TSX; SLSSF-OTCQB] reported assay results from a series of holes aimed at growing mineral resources at the 100%-owned Warintza East discovery within its Warintza project in southeastern Ecuador.Warintza East was discovered in July 2021, with eight holes covering the overlapping periphery included in the Warintza Central Mineral Resource Es...Read More

(IDEX Online) - Rio Tinto has lowered the 2023 production forecast for its Diavik diamond mine, on the edge of Arctic Circle, in Canada. It now expects to produce 3.0m to 3.8m carats, compared with a 2022 forecast of 4.5m to 5.0m carats. Actual production for last year was on target, at 4.7m carats. Rio Tinto, the world's second-largest metals and mining corporation, gave no explanation for t...Read More

4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingTake Anglo's ESG credentials. One view holds that Anglo is probably ahead of the curve on matters green. In a rec...Read More

Hecla and the United Steelworkers (USW) Union Local 5114 have agreed to a 6-year contract.Read More

(IDEX Online) - Exhibitors booked $3.7bn of orders at India's flagship trade show, the IIJS Signature, according to initial estimates by the GJEPC (Gem & Jewellery Export Promotion Council).Over 20,000 visitors attended the four-day India International Jewellery Show at the Bombay Exhibition Centre, in Mumbai, down on the 32,000 forecast by organizers. All but 800 were from India."The rec...Read More

Interest in gold has been muted in recent quarters compared to other asset classes, partly because rising real rates and a stronger US dollar offered no incentive to increase exposure to gold.Read More