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

4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpFerrexpo, a Ukrainian iron or pellet producer, said on January 3 that Kostyantin Zhevago has resigned from the board after his arrest o...Read More

The attack occurred on December 27 last year at its mine and corporate office, the firm said.Read More

Piedmont Lithium (NASDAQ: PLL; ASX: PLL) and automaker Tesla agreed to cut their supply agreement by tonnage and time while shifting the source away from a proposed mine stymied by the approvals process. Piedmont is to send 125,000 tonnes of spodumene concentrate (SC6) to Tesla over three years (about 41,600 tonnes a year) starting in the second half of this year, according to the agreement ann...Read More

New Found Gold (TSXV:NFG; NYSE-A:NFGC) has announced the expansion of the exploration program at its 100%-owned Queensway project, located on the Trans-Canada Highway, 15 km west of Gander, N.L. To date the company has completed approximately 80% of its current 400,000-metre diamond drill program at Queensway. Approximately 60,000 metres of drill core is pending assay. With 319,000 metres of dril...Read More

In December, the government signed an investment contract in support of the development of the El Domo copper-gold project owned by Adventus Mining and Salazar Resources, and an investment contractRead More

Leading regional gold miner Newmont added almost 4% in value to US$49, giving the firm a market capitalisation of $38.8 billion.Read More

The Panama government on January 2 said it had presented its final contract offer to the firm.Read More

Share this article SASKATOON - Fission 3.0 Corp. [FUU-TSXV] said Monday it has begun mobilizing for winter drilling at its 100%-owned Patterson Lake North (PLN) project in Saskatchewan.The company said a 20-hole program of stepout drilling is planned to expand the highly successful drill results from November, 2022, where assays confirmed the shallow depth, wide and continuous mineralization in b...Read More

Canadian explorer and developer Skeena Resources (TSX, NYSE: SKE) said on Tuesday it had closed the sale of a 0.5% net smelter returns royalty (NSR) on its Eskay Creek gold-silver project to Franco-Nevada (TSX, NYSE: FNV) in a deal worth $27 million (US$19.8 million).The transaction, first announced in early December, also gives Skeena an additional cash consideration of $1.5 million.Net proceeds...Read More

Though a recession is not taken for granted - the administration of President Joe Biden denies it will happen and its officals have argued over what defines a recession - many US-based analysts areRead More

(IDEX Online) - BlueRock Diamonds says it has now overcome the problems that cut its processing production by over a third during deluges last April and May.The unexpected rainfall at its Kareevlei mine, in South Africa, hampered access to high-quality kimberlite, forcing it to use lower grade ore and delay roll-out of its mining development plan.But in a trading update the London-based AIM-listed...Read More

Is there a financial calamity worse than a severe recession in early 2023? Unfortunately, the answer is "yes" and it's coming quickly.That greater calamity is a global liquidity crisis. Before considering the dynamics of a global liquidity crisis, it's critical to distinguish between a liquidity crisis and a recession. A recession is part of the business cycle.It's characterized by higher unemploy...Read More

This week's episode features Hecla Mining president and CEO Phil Baker in conversation with TRX Gold chief operating officer Andrew Cheatle at the Canadian Mining Symposium in London, England. Phil discusses how Hecla has grown mine life and expanded production at its flagship projects; the importance of employees; and his assessment of the silver market in the context of the energy transition.All...Read More

The group blocked the D-835 road which passes through the Salamanca valley seeking monetary compensation for environmental impacts they claimed the mine causes.Read More

"I welcome the passage of this new law, which represents a crucial step in the Government's fight against corruption in the coal industry," Mongolia's deputy minister of mining and heavy industry,Read More

In the latest update on the progress of its Blackwater project in central British Columbia, Artemis Gold (TSXV: ARTG) said on Tuesday that it is expected to finally receive BC Mines Act permits for major construction works during the first quarter of 2023. The permits were initially expected in fall 2022.Despite the revised receipt date of the BC Mines Act permits, Artemis said this delay is not...Read More

(IDEX Online) - Indian Jeweler CaratLane has launched its own range of Harry Potter jewelry in a deal with Warner Bros.There are already a number of licensed collections based on JK Rowling's seven novels and films.The Harry Potter x CaratLane 14-karat gold collection of 61 rings, bracelets, earrings, necklaces and watch charms - some with with diamonds, gemstones, pearls, enamel, and&nb...Read More

I hope you had a very happy and safe holiday season. 2022 is now in the rearview mirror, and it's time to look ahead to 2023. But in order to get a better idea of where we're going, it helps to remember how we got here.To say that 2022 was volatile and confusing for investors is clearly an understatement. Stocks crashed during most of the first half of 2022, rallied back in July and August, droppe...Read More

IDEX Online) - Diamond manufacturer Kalpesh Jetani has been reunited with polished gems he lost on the way to deposit them at a vault in Surat, India.The packet, valued at $8,500, was found by textile entrepreneur Dharmesh Sakhiya, who posted notices at diamond markets across the city's' Varachha district.Mr Jetani spotted one such notice at the Prince Safe Deposit Vault, made contact, a...Read More

(IDEX Online) - The world's richest diamond mine for the first three quarters of 2022 was Jwaneng, in Botswana, with 10.3m carats.Orapa, also in Botswana, was second-placed with 8.0m carats, according to newly-published figures from miningintelligence.com.Both mines are operated by Debswana, a partnership between De Beers and the government of Botswana.Third on the list is Udachny mine, opera...Read More