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

Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDWhile there have been some minor tweaks to the first step in its...Read More

Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDWork on Latin's most advanced lithium project, Salinas in Brazil...Read More

Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSORED"As a result of that, our board, overnight, approved the develop...Read More

Nagle said the company could double its copper production from its current 1Mtpa through expansions and other projects, but it will only do so once prices increase significantly.Read More

Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe event was viewed as a pivotal moment in Britain's fight to c...Read More

(IDEX Online) - Sergey Ivanov is to step down early as CEO of Alrosa, Russia's state-controlled diamond miner, according to media reports.He will reportedly join the private investment firm Volga Group, owned by Gennady Nikolayevich Timchenko, a billionaire and long-time friend and ally of Russia's president Vladimir Putin.Mr Ivanov (pictured) was appointed as Alrosa's youngest ever...Read More

(IDEX Online ) - Russian mercenaries from the Wagner Group - a private army that has been sanctioned by the US - are reported to be selling blood diamonds from the Central African Republic (CAR). The Belgian newspaper De Standaard claims they've been offered for sale on Facebook, and says some of the stones have reached Antwerp. The Antwerp World Diamond Centre (AWDC) reacted angril...Read More

(IDEX Online) - De Beers is extending sightholders' three-year contracts for an extra year as global uncertainties persist.The UK-based miner said it was seeking to provide them with flexibility. Existing contracts, which determine allocations of rough, will now run until the end of 2024, instead of the end of 2023. In January 2021, De Beers introduced new contracts dividing buyers into...Read More

Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDJack, previously a director at Lundin Mining, resigned his posit...Read More

The war in Ukraine has been in a partial hiatus for the past two months. But that hiatus is coming to an end as Russia prepares its next move. Today, we're looking ahead to what's coming next.And here's a hint: We could be entering a very dangerous period.First off, the situation on the ground in Ukraine is best understood as a competition between the narrative and reality.The narrative consists o...Read More

This week's podcast features Agnico Eagle Mines executive chair Sean Boyd in an interview with Northern Miner Group president Anthony Vaccaro at the Canadian Mining Symposium in London, England. Sean explains the philosophy behind Agnico's 'slow and steady' strategy, despite recent acquisitions, as well as the ongoing benefits of maintaining the trust of employees, and how the company has managed...Read More

Kodiak Copper (TSXV: KDK; US-OTC: KDKCF) has made new high-grade gold-silver discovery from trenching at its 100% owned MPD copper-gold porphyry project in southern British Columbia. The discovery was made on surface within the Beyer Zone, where the company previously reported a surface sample that assayed 14.15 grams gold per tonne and 9.4 grams silver.Trench sampling has now expanded this new su...Read More

Probe Metals (TSXV: PRB) and Midland Exploration (TSXV: MD) have announced a new copper-gold-silver-molybdenum discovery at the La Peltrie project in Quebec's Detour Lake region, with hole LAP-22-012 drilling 345 metres of 0.2% copper equivalent from near surface.The wide zone is open laterally and at depth at La Peltrie, which Probe holds in a joint venture with Midland.Shorter highlight interva...Read More

Eldorado Gold (TSX: ELD; Nasdaq: ELD) has reported a 7% year-on-year drop in the reserve base underpinning its four operating mines in Turkey, Greece and Canada to 7.4 million oz. gold, following a 6% drop last year, the company announced after market close on Monday.Eldorado reported fewer reserves at each of its operating mines, with a 9% dip in grade at the Lamaque mine in Quebec to 6.6 grams g...Read More

Diversified miner Teck Resources (TSX: TECK.B, TECLK.A) temporarily closed the Highland Valley copper mine's Valley pit on Monday.Teck said in a brief news release the closure was a proactive measure in response to a geotechnical instability within the pit.Teck said the Valley Pit would reopen after remediation, and the area was confirmed safe.The company said there is no risk to worker safety, no...Read More

K92 Mining (TSX: KNT; US-OTC: KNTNF) announced on Tuesday two major developments for its Kainantu gold-copper-silver mine in Papua New Guinea, the first being an extension of the mine lease by 10 years to June 2034, followed by the board's approval for the mine's Stage 3 and 4 expansions.The staged expansions would increase Kainantu's annual processing throughput to 1.2 million tonnes per year and...Read More

Argonaut Gold (TSX: AR) has inked a deal with Heliostar Metals (TSXV: HSTR) to sell its Ana Paula gold project in Guerrero state, Mexico for US$30 million in cash and shares. The announcement comes 20 months after a planned sale of the asset to AP Mining fell through in April 2021.Under the agreement, Heliostar will pay US$10 million upfront; US$5 million in shares upon renewing the open-pit minin...Read More

Two years ago, in this column, I reminded readers of The Northern Miner that the mining industry has a patron saint, Barbara, whose feast day (Dec. 4) is observed by miners and tunnellers around the world, especially in continental Europe.You might recall that Saint Barbara was an early Christian martyr, with accounts placing her in third century Nicomedia (in present-day Turkey) or in Heliopolis...Read More

This piece of breaking news forced me to do a double-take. One of the top engineers on Earth is claiming that lithium batteries have reached their final power limit. A few stubborn laws of physics are standing in the way of the perfect battery. I'll admit that at first, I was doubtful. The "next great battery chemistry" is announced at least once a week, yet it never pans out. Why should this be...Read More

Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDWhile the talks did not reach a stage where a deal could be anno...Read More