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

South Africa's decline as a gold producer will accelerate without policy and administrative overhaul.Read full newsRead More

Illegal airstrips, toxic mercury ponds and forest-wrecking heavy machinery have proliferated as prospecting for gold on Indigenous lands and other protected areas has exploded in recent yearsRead full newsRead More

One of Brazil's biggest gold refiners, which processes gold suspected of being mined illegally in the Amazon rainforest, has been stripped of an important industry seal of approval that global manufacturers from Apple to Tesla rely on to root out abuses in their supply chainsRead full newsRead More

The company said it received the notice on 7 October, which is due to strike action by Transnet's unions."We have implemented contingency plans to safeguard our assets and minimize the impact on operations," Kumba said."However, as a result of the disruption to Transnet's rail and port services, the estimated impact on production is approximately 50,000tpd for the first seven days and thereafter,...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 reportSPONSOREDThe company said it received the notice on 7 October, which is due to strike action by Transnet's unions."We have...Read More

Russian missile strikes have damaged Ukraine's state-owned electrical infrastructure, limiting the power supply available to Ferrexpo.Read More

Share this article VANCOUVER - Defense Metals Corp. [DEFN-TSXV; DFMTF-OTCQB; 35D-FSE] reported high-grade Rare Earth Element (REE) assay results from an additional two core drill holes, totalling 717 metres, collared from the same site within the northern area of the 100%-owned Wicheeda REE Deposit 80 km northwest of Prince George, central British Columbia.Infill drill hole WI22-68 (-55? ? dip...Read More

Rising interest rates - including by the US Federal Reserve - and Russia's ongoing invasion of Ukraine were factors behind the prospects of a downturn next year.Read More

The decline reflects an 8% fall in gold prices to an average of US$1,730 an ounce and a larger decline in by-product metals, including a 15% fall in silver prices and 19% in copper.Read More

Mining Journal talked to Centamin chief executive Martin Horgan about the company's plans.Read More

The third quarter consolidated production at 63,900 ounces of gold was down 12% from the previous quarter of 72,900 ounces and below market consensus of around 69,000 ounces.Read More

  The southern seafloor of the exclusive economic zone (EEZ) surrounding Minamitorishima - a coral atoll also known as Marcus Island - has an extremely REE-rich mud layer, according to KatoRead 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 currently exerts control via a 51% stake in Turquoise Hill which in turns owns 66% of Oyu Tolgoi, the remaind...Read More

(IDEX Online) - RioZim has bought the Sperrgebiet Diamond Mine in Namibia in a deal reportedly worth $58m. Sperrgebiet has two land and two offshore licenses and says it specializes in small and melee diamonds. It describes itself as "a diversified natural resource company that performs land-based exploration, mining and rehabilitation operation and services". RioZim, the Zimbabwe-based diversifi...Read More

(IDEX Online) - The GIA (Gemological Institute of America) says it will launch a digital-only version of its Diamond Dossier in January 2023.It's the first step towards phasing out all printed reports with three years, a move that will save saving 20 tons of paper and 18.5 tons of plastic a year. "Beginning Tuesday, January 2, 2023, GIA Diamond Dossier will be available in a convenient,...Read More

(IDEX Online) - Diamond miners in Zimbabwe will have to pay half of their royalties to the government in rough gems rather than cash.The move, to be implemented immediately, was announced by President Emmerson Mnangagwa (pictured)in a weekly newspaper column for The Sunday Mail (9 October edition).The new royalties rules also include gold, platinum group metals (PGM) and lithium, widely used in re...Read More

(IDEX Online) - Bruce Cleaver is to step down early next year as CEO of De Beers Group and will be replaced by Al Cook, of the Norwegian energy giant Equinor.Cleaver, who was appointed as CEO in 2016, will become co-chairman of the company.Cook is currently executive vice president of exploration and production international at Equinor, the state-owned petroleum company, with responsibility for op...Read More

Analysts from the investment bank are bearish on copper, downgrading their three-month forecast price from US$7500 per t (which is around current levels) to just $6200/t or $2.80 per pound.Read More

Canada's largest uranium producer Cameco (TSX: CCO) has announced a significant expansion into the nuclear services sector after agreeing to buy U.S.-based Westinghouse Electric with Brookfield Renewable Partners (NYSE: BEP) in a US$7.9 billion deal, the companies announced on Tuesday.Brookfield Renewable and its institutional partners will own a 51% interest in Westinghouse, while uranium fuel su...Read More

Burkina Faso-focused miners say operations have not been affected following a second coup d'?(C)tat on Sept. 30 that saw the country's president Lt.-Col. Paul Henri Sandaogo Damiba overthrown after only nine months in power.While local mining operators face growing security, logistical and financing issues, they appear to remain bullish on the jurisdiction, with no announcements emerging of reduce...Read More