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

"We remain on track to deliver on our updated guidance," said New Gold chief executive Renaud Adams after reporting third-quarter operational performance ahead of financial results on 3 November.Read More

Las Vegas, Nevada has been our resort for these past several days.Here we have witnessed several madnesses - madnesses large, madnesses small. Madnesses public, madnesses private.Yet the public madness, the mass madness, the extended madness is our concern today. That is, the market madness.And so we publish once again our reflections on the madness of crowds. As we have written before: When a man...Read More

The world will need to produce 11.2 million tonnes of lithium carbonate equivalent (LCE) by 2050, or 20 times 2021 output, to meet growing demand from automakers and energy storage applications, new data from Benchmark Mineral Intelligence (BMI) shows.By that time, the bulk of demand would come from energy storage applications, accounting for about two-thirds of the battery market.In the nearer te...Read More

Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) has begun commissioning of the black mass recycling demonstration plant at its battery materials park located north of Toronto following the successful installation of material feed handling and lime delivery systems, two key circuits in Electra's hydrometallurgical process designed to recycle end of life lithium-ion battery materials.Electra is...Read More

Lithium prices continue to hold near historic highs, even in the face of an anticipated global recession. Spot prices for both lithium carbonate and hydroxide are now hovering around US$70,000 per tonne, and prices are expected to remain high through 2024 or longer. In an early October report, Bank of America analysts forecast demand for the energy metal will grow by 20% on a compound annual ba...Read More

Canada's Marathon Gold (TSX: MOZ) has begun early site works at its proposed Valentine open-pit gold mine in central Newfoundland after satisfying pre-construction environmental assessment conditions.The project is expected to see full mobilization by early 2023, the first ore to the mill at the end of 2024, and a production ramp-up during the first fiscal quarter of 2025.Valentine is considere...Read More

Developer Marimaca Copper (TSX: MARI; US-OTC: CROJF) has released an updated resource estimate for its namesake project in the Antofagasta region of northern Chile, confirming it as one of the biggest copper discoveries of the past 10 years.The Vancouver-based company reports a 98% increase in the measured and indicated resource tonnage of the Marimaca Oxide Deposit (MOD). It entails 139.6 million...Read More

Rio Tinto and the Canadian government have announced investments of up to C$737 million (US$537 million) over the next eight years in its titanium slag operations to reduce carbon emissions and secureRead More

Marathon Gold is expecting first ore to the mill at the end of 2024 and production ramp-up during the first quarter of 2025.Read More

Visual observations from two step-out diamond drill holes expanded the width and vertical depth of the Main Breccia area almost double the dimensions to 385m of strike by 350m width and 825m depthRead More

Leading regional gold miners, including Denver-based Newmont, are reviewing the level of dividend payments as cost pressures grow.Read More

The company earned about 23,850 attributable GEOs in Q3, with preliminary revenues from royalties and streams of C$53.7 (US$38.89) million and preliminary cost of sales of C$4.Read More

"This has been another record quarter of production at Segilola, beating our Q3 2022 guidance by over 1500oz," Thor president and CEO Segun Lawson said, noting that it was done during the rainyRead More

The deal is made up of $80 million in cash and $70 million in UEC stock, UEC said. The cash portion isfully funded from $173 million of cash and liquid Assets on the balance sheet.Read More

Sheffield Resources is forging ahead at the Thunderbird ilmenite and zircon project, as executive chair Bruce Griffin explains.Read More

(IDEX Online) - A diamond tycoon from Lesotho scored a surprise victory in the nation's polls last week.Sam Matekane, the richest man in the poverty-stricken African mountain kingdom, came closer than anyone expected to an overall majority and is expected to form a coalition government.He founded the pro-business Revolution for Prosperity (RFP) party, just seven months before the elections, w...Read More

Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDRio Tinto and the Canadian government have announced investments of up to C$737 million (US$537 million) over the...Read More

Many analysts say gold is volatile. But they should say that the gold market is volatile. That's because most of it is paper gold, with only a small amount of physical gold to support it.Think of the gold market as an inverted pyramid, with a small amount of gold at the bottom, holding up a huge amount of paper gold. The paper market could be 100 times the size of the physical market.That means th...Read More

The latest reports from S&P Global Commodity Insights confirm an overall downward trend, with the market intelligence firm's Pipeline Activity Index (PAI) falling to a 20-month low in August.In its State of the Market Q2 report, S&P said the downtrend has been roughly correlated with a steady downtrend in mining equities since March."We anticipate exploration activity levels to continue cooling in...Read More

Collective Mining (TSXV: CNL; US-OTC: CNLMF) shares rose almost 10% Wednesday as the company announced the "most cumulative mineralization in drill holes completed to date" in the high-grade, copper-gold-silver porphyry-related Main Breccia discovery at its Guayabales project in Colombia.Guayabales is located in the historic Colombian gold mining department of Caldas, about 300 km inland from Barr...Read More