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

Barrick Gold (TSX: ABX; NYSE: GOLD) is going ahead with construction of its Reko Diq copper and gold project in Pakistan after the country's top court cleared the path for the Canadian miner.Receiving the court's endorsement was a condition outlined in the settlement reached by Barrick and the government of Pakistan in early December to resume work on Reko Diq.The project, which hosts one of the w...Read More

Share this article TORONTO - First Quantum Minerals Ltd. (FM-TSX) has released an update on negotiations with the Government of Panama on the framework governing the operation of the Cobre Panama mine by its subsidiary Minera Panama S.A. (MPSA).In a press release, First Quantum said the Government of Panama and MPSA were unable to reach an agreement by the December 14, 2022, deadline imposed by t...Read More

Given the tumultuous past two years that saw global markets ebb and flow to extreme degrees, it's perhaps no surprise that the only thing that's certain about the 2023 outlook for commodities is that it's uncertain.Analysts generally agree that the global economy is headed for a slowdown, but forecasts from reputable industry sources feature a wide degree of variability."Our roster of industry s...Read More

For the year-to-date, Adaro's share price has surged by 1,167% to 1,710 IDR as of 15 December. The stock peaked at 2,990 IDR on 19 April before drifting lower.Read More

Australian miner Fortescue Metals Group (ASX: FMG) is investing a further $4 million (US$2.9 million) in Candente Copper (TSX: DNT), which will increase its stake in the Canadian junior from 19.4% to 25.4%.The world's fourth-largest iron ore producer will buy 22.2 million shares of Candente at 18 ? per share, a 26% premium to the five-day volume-weighted average price of the junior's shares.For...Read More

Marimaca Copper (TSX: MARI) revealed on Thursday the sulphide potential of its Marimaca oxide deposit (MOD) in Chile, with drill hole MAD-22 returning 92 metres at 2.11% total copper from 140 metres, including 22 metres at 5.27% total copper, from 204 metres, in primary sulphides alone.MAD-22 represents a geological/geotechnical diamond drill hole that was drilled from the eastern MOD through the...Read More

Today is a high and solemn day - Bill of Rights Day. This, the Bill of Rights to the United States Constitution, we celebrate in today's reckoning.In 1941 President Franklin Delano Roosevelt designated Dec. 15 Bill of Rights Day. Thereupon he called upon...the officials of the government, and upon the people of the United States, to observe the day by displaying the flag of the United States on pu...Read More

(IDEX Online) - Trans Atlantic Gem Sales (TAGS) says it sold over 70 per cent of the $20m of rough offered this month, in what it describes as a "cautious" market, realizing a total of $14m. In November it offered $23m of rough and said only that it had sold more than the 55 per cent it managed at its previous tender. For comparison purposes, its rough sales in July were $35m.In its Dece...Read More

Excellent results from the FPX Nickel Van target, part of the major Baptiste District in Canada, are reinforcing the project's potentialRead full newsRead More

Canada bans crypto leverage and margin trading after FTX collapseRead full newsRead More

Canada bans crypto leverage and margin trading after FTX collapseRead full newsRead More

Look beyond market approach to project valuations: van ZylLeadershipGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpDenison eyeing low-cost in-situ recovery in Canada's high-grade Athabasca BasinSPONSOREDdenison minesUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDBHP and Rio Tinto shares each hit six-month highs on Friday amid an improving outlook d...Read More

The transaction will create the first nickel resource and green technology company listed on the NYSE, the firm said.Read More

Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDDenison eyeing low-cost in-situ recovery in Canada's high-grade Athabasca BasinSPONSOREDdenison minesFeasibility study imminent at Fission's high-grade, low-cost uranium project SPONSOREDfission uraniumThe transaction will create the first nickel resou...Read More

Blue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Hongliulin Leverages Huawei Cloud Stack to Embrace Digital Transformation SPONSOREDhuawei cloudSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroftThe transaction, which values the combined...Read More

Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDDenison eyeing low-cost in-situ recovery in Canada's high-grade Athabasca BasinSPONSOREDdenison minesFeasibility study imminent at Fission's high-grade, low-cost uranium project SPONSOREDfission uraniumJerome Powell The mining industry is at the front...Read More

(IDEX Online) - Christie's says sales in Hong Kong so far this year have been the third highest since it opened in 1986.It says the running total is currently $835m, which is above pre-pandemic levels.It said sales of watches raised over $69m during the year and last month's Magnificent Jewels sale, including a collection owned by retired actress Rosamund Kwan raised over $46m.More than...Read More

(IDEX Online) - The Diavik Diamond Mine has been fined $110,000 (CA$150,000) by a court in Canada for a health and safety breach after an excavator operator was blinded in an accident.Steve Houle, 50, was trapped for four hours in his cab after it was crushed by a slab of stone after a blasting operation in November 2020.He suffered multiple injuries, lost his sight in both eyes and had a toe ampu...Read More

Castillo is from a rural background and has many supporters in such communities, which benefited from social programmes under his administration.Read More

The transaction, which values the combined business at about US$1.5 (A$2.2) billion, is expected to close in January and includes a $200 million equity injection from Anglo American.Read More