News and Reports

Year Ahead 2025

January 06, 2025

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

Year in Review 2023 and Outlook for 2024

January 04, 2024

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

Year in Review 2022 and Outlook for 2023

January 2023

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: The Heart of Global Copper

October 2021

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 Gold

June 2021

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 Gold Mining and Canadian Juniors

April 2021

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

An Overview of the Golden Triangle

July 2020

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

An Overview of Quebec Gold Mining

April 2020

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

An Overview of the Red Lake Mining District

January, 2020

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

Tinka's "spectacular" hole at Ayawilca

January 09, 2023 / www.mining-journal.com

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingHole 202 at South Ayawilca returned 38.9m grading 20% zinc including an ultra-high-grade interval of 10.4m grading 42% zinc.Read More

The outlook for copper in 2023

January 09, 2023 / www.mining-journal.com

On Friday, copper gained 2.5% to US$8569.90 per tonne, or $3.91 per pound, the highest price since June. The red metal is enjoying improved sentiment since China announced its reopening.Read More

TSXV climbs in the first trading week of 2023

January 09, 2023 / www.northernminer.com

The S&P/TSX Venture Composite Index gained 11.62 points or 2% over the Jan.2-6, 2023 trading session to end at 581.89.Electra Battery Materials closed the week as the top value gainer on the Venture Exchange, adding $1.22 to close at $3.47. Electra announced on Jan. 4 that it had amended an option agreement with Kuya Silver Corp. for its Ontario Cobalt camp assets. Under the terms of the agreement...Read More

Conmen "Switch $118,000 of Diamonds for Worthless Fakes"

January 09, 2023 / www.idexonline.com

(IDEX Online) - Police in India are hunting three men alleged to have duped a diamond dealer by switching genuine stones worth $118,000 with fakes.They visited the victim's office at the Bharat Diamond Bourse, Mumbai, where they examined and photographed a selection of diamonds and their pouches.They returned later, chose 320 carats and asked for them to be set aside until while they went to...Read More

Friedland's Ivanhoe lifts 2023 copper guidance

January 09, 2023 / www.mining-journal.com

The company is developing the third phase of expansion of its operations at Kakuka-Kamoa.Read More

Calls to Abolish Lab Grown Diamond Duty

January 09, 2023 / www.idexonline.com

(IDEX Online) - The Indian government is facing calls to abolish import duties on seeds, the raw materials for lab grown diamonds.Industry leaders are also pressing for a presumptive taxation policy on diamonds at special notified zones and a more 'friendly' jewelry repair policy.All the moves outlined would create jobs and boost exports, according to Colin Shah, former chairman of the G...Read More

Forgive Us: We Can't Accept Your Payment

January 09, 2023 / www.outsiderclub.com

Dear Outsider,I thought I'd treat myself to some Chipotle last night for dinner."Treat" is a strong word, as I generally have unpleasant experiences there - how can a multibillion-dollar corporation always be out of sour cream... and literally every other food item?We all remember what happened during the pandemic...But sometimes you just crave that Chipotle taste, which is why the stock's worth a...Read More

Qatar Royals Battle over 70-ct Idol's Eye Diamond

January 09, 2023 / www.idexonline.com

(IDEX Online) - Members of Qatar's royal family are locked in a legal battle over The Idol's Eye, a 70.21-carat Golconda diamond with an estimated $10m value.Qipco, a private investment company run by art collector Sheikh Hamad bin Abdullah al-Thani has filed a lawsuit in London against Elanus Holdings Limited, based in Guernsey.Qipco claims Elanus is owned by the late Sheikh Saud bin Mo...Read More

TNM Drill Down: Top Gold assays for Dec. 22-Jan. 6

January 09, 2023 / www.northernminer.com

Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence.This period's top drill assays come from Canada, Peru and Australia. Scottie Resources (TSXV: SCOTT) reported the best assay in hole SR22-156, which intersected 2.4 metres, grading 194 grams gold per tonne from 148 me...Read More

Ivanhoe hits upper end of 2022 guidance at Kamoa-Kakula in DRC

January 09, 2023 / www.northernminer.com

Ivanhoe Mines' (TSX: IVN; OTC: IVPAF) flagship Kamoa-Kakula mining complex in the Democratic Republic of the Congo (DRC) produced a total of 333,497 tonnes of copper concentrate during the past calendar year, the company said Monday. Kamoa-Kakula's 2022 copper production represents the upper end of its original guidance range of 290,000 to 340,000 tonnes,. It also represents a 215% output increas...Read More

Tianqi and IGO to acquire lithium junior

January 09, 2023 / www.mining-journal.com

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingTLEA, a joint venture between Tianqi Lithium Corporation (51%) and IGO (49%), owns a 51% stake in Greenbushes, the world's largest hard...Read More

BC, Yukon and NWT snapshot: Eight companies to watch

January 09, 2023 / www.northernminer.com

Northwestern Canada is a vast hub for mineral exploration and mining. Here's a glimpse of eight companies exploring for precious and base metals in British Columbia, Yukon and the Northwest Territories. Amarc Resources Amarc Resources (TSXV: AHR; US-OTC: AXREF), a Vancouver-based mineral exploration and development company, recently initiated a new drilling campaign at its DUKE deposit in centra...Read More

Anglo Asian Mining invests again in Libero Copper

January 09, 2023 / www.northernminer.com

Gold, copper and silver producer Anglo Asian Mining (LSE: AAZ), has made a third investment in Canada's Libero Copper & Gold (TSXV: LBC), which focuses on finding copper assets in the Americas.The Azerbaijan-focussed miner acquired on Monday 2.6 million new Libero shares at 15 ? each, for a total consideration of $390,000.The investment maintains the company's share holding at 19.8% of Libero, and...Read More

Modi's Luxury Apartments to be Auctioned

January 08, 2023 / www.idexonline.com

(IDEX Online) -  A pair of $1m apartments owned by fugitive diamantaire Nirav Modi are to be auctioned.Modi, 51 is facing extradition from the UK back to India, where he is accused of a $1.85bn fraud against the Punjab National Bank (PNB).The Debts Recovery Tribunals will sell the two adjoining flats, on the 16th floor of the luxury Yoo Pune development, in Pune, in the western state of Mahar...Read More

20,000 Diamond Jobs Axed in Surat in a Month

January 08, 2023 / www.idexonline.com

(IDEX Online) - An estimated 20,000 diamond workers have lost their jobs in Surat, India, in the last month, as global demand slumps, according to a report in Economic Times.Most of the city's 4,000 manufacturing units are said to working at just 60 to 70 per cent capacity, according to Damji Mavani, the secretary of Surat Diamond Association (SDA).The city's 800,000 diamond workers are...Read More

New York Jeweler, 79, Fighting for Life after Savage Raid

January 08, 2023 / www.idexonline.com

(IDEX Online) - The elderly owner of a New York jewelry store is fighting for his life after he was savagely beaten in a $100,000 raid.Manny Cohen, 79, was attacked by two men who forced their way into Roxy Jewelry, in Prospect Lefferts Gardens, Brooklyn, as he was closing for the day.His son Shawn was worried when he didn't answer his phone and scrolled back through the surveillance footage....Read More

Chile postpones Mining Code amendment until 2024

January 06, 2023 / www.mining-journal.com

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingLaw 21,420, enacted in early 2022, amended the Mining Code and aims to increase the government take from mining concessions and surface...Read More

Copper Mountain resumes after IT attack

January 06, 2023 / www.mining-journal.com

Throughout the downtime, which resulted from the attack on its IT systems, the firm has been shipping copper concentrate to the Port of Vancouver from mine inventory and has maintained its plannedRead More

Taseko's copper operations hit by Canadian deep freeze...

January 06, 2023 / www.mining-journal.com

"The severe cold temperatures of -35° Celsius (-31° Fahrenheit) immediately froze a number of essential systems in the mills, which delayed the restart of milling operations for several days,"Read More

Lundin Gold on debt consolidation path

January 06, 2023 / www.mining-journal.com

The early repayment of its gold prepay facility to Newcrest Mining was the first step in debt reduction at the firm.Read More

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