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

Share this article TORONTO - Barrick Gold Corp. [ABX-TSX, GOLD-NYSE] said that with its North Mara and Bulyanhulu gold mines set to achieve combined production in excess of 500,000 ounces for the second year running, the company is looking to expand its East African footprint from this base.Barrick inherited North Mara and Bulyanhulu mines in Tanzania via its acquisition of a 36% stake in Acacia...Read More

With its share price languishing at 3c and current market conditions being difficult for gold equities, the company's expectation that some C$13 million could be raised through the November exerciseRead More

The company's net profit for the three months was RMB4 billion (US$551.87 million), which is down 13.24% year on year. Earnings per share fell 12.70% to RMB0.155.Read More

A new Executive Order signed by President Joe Biden today gives Treasury the authority to target certain persons that operate or have operated in the gold sector of the Nicaraguan economy.Read More

It has typically been seen as too far, too prohibitive and too costly to explore there.Read More

Cerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)OREN driving tailings facility operators to be proactive in managing riskSPONSOREDorenExcitement as Alma Metals raises funds for more copper exploration SPONSOREDalma metalsUnsaid, but wide open t...Read More

(IDEX Online) - A huge pink diamond weighing 170.2 carats is to be sold next month at a rough tender by Sodiam, Angola's state-owned diamond trading company.The stone, named the Lulo Rose (pictured), was recovered by the Australia-based miner Lucapa and is believed to be the largest pink diamond found in the last 300 years.There is speculation that as a polished gem it could sell for as much...Read More

(IDEX Online) - Gemfields has halted operations at its Montepuez ruby mine, in Mozambique, and evacuated the site after an attack on a nearby facility by rebels.Thousands of people have died since the start of the brutal Cabo Delgado conflict in October 2017, aimed at establishing an Islamic state in Mozambique.Gemfields said in a statement that "an attack attributed to insurgent activity has been...Read More

The company said it is determined to take "all necessary steps to defend its legal rights", including taking the matter to the International Chamber of Commerce in Paris and Geneva.Read More

Cerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)OREN driving tailings facility operators to be proactive in managing riskSPONSOREDorenExcitement as Alma Metals raises funds for more copper exploration SPONSOREDalma metalsThe company said a team...Read More

The work included lining and improving the existing Hennessy Creek diversion channel around the Northwest Bradley waste rock dumps to prevent leakage into the dumps and the resulting uptake of metals,Read More

Cerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)OREN driving tailings facility operators to be proactive in managing riskSPONSOREDorenExcitement as Alma Metals raises funds for more copper exploration SPONSOREDalma metalsThe deal was sweetened...Read More

Melvin was most recently vice president, corporate development for Arizona-headquartered Freeport-McMoRan.Read More

Lithium Americas (TSX: LAC) (NYSE: LAC) says two contractors died at its Cauchar?--Olaroz lithium project in Argentina on Sunday. The deaths occurred in separate incidents that don't appear to be related to the workplace, the Vancouver-based company said in a news release on Monday. An investigation has started, it said. Jonathan Evans, chief executive officer of Lithium Americas, said the company...Read More

Welcome to our weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence.Freegold Ventures (TSX: FVL) reported this week's top gold assay when it released on Oct. 18 the latest six assay results from an ongoing drilling campaign on the Golden Summit project near Fairbanks, AK. D...Read More

Kenorland Minerals (TSXV: KLD; OTC: KLDCF) is forming a joint venture with Sumitomo Metal Mining Canada for Kenorland's Chicobi gold project. Sumitomo earned a 51% interest by completing $4.9 million in exploration expenses.The Chicobi property, 30 km northeast of Amos, Que., covers 512.6 sq. km over a 45-km strike length of the Chicobi deformation zone (CDZ). This zone is analogous to other major...Read More

The Dow Jones Industrial Average gained 1,447.7 points or 4.9% during the Oct. 17-21 trading week to 31,082.56, and the S&P 500 closed 169.7 points or 4.7%% higher at 3,752.75.This week's top mining-focused value gainer was Mosaic Co., which added US$6.24 to close at US$53.10 per share. The crop nutrient producer and distributor's share price has been on a positive trajectory over the past two wee...Read More

The S&P/TSX Venture Composite Index edged up 11.95 points or 2.1% over the Oct. 17-21 trading session to end at 593.04. Sigma Lithium was the week's top gainer by value, rising $7.58 to $48.42 per share. While the emerging lithium miner did not release any recent news, it is benefiting from lithium prices that continue to rally on tight supplies. Sigma is nearing the end of construction of the fi...Read More

Markets were higher over the week as investors searched for a bottom to recent falls, anticipating that central banks won't continue interest rate hikes for too much longer now that inflation is beginning to tick lower, in the United States and Canada at least. Gold retreated slightly.The S&P/TSX Composite Index gained 534.6 points or 2.9% to 18,860.95. The S&P/TSX Global Mining Index increased 4....Read More

Pure Gold Mining (TSXV: PGM; LSE: PUR) is placing its flagship PureGold mine in Red Lake, Ont., on care and maintenance, as the mine has yet to achieve the consistent cash flow needed to alleviate the company's financial problems.Currently, Pure Gold has a cash balance of around $2 million and a net working capital deficit of about $13 million, excluding amounts owing under the company's debt obli...Read More