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
(IDEX Online) - The death of Queen Elizabeth II has reignited the debate over the future of the iconic 105.6-ct Koh-i-Noor diamond.The centerpiece of her crown, a Type IIa D-color gem said to be the world's most valuable diamond, will reportedly be worn by Queen Camilla, wife of the new King Charles III, at his coronation.But several countries - among them India, Pakistan, Iran, and Afghanist...Read More
(IDEX Online) - A parcel of "natural" sapphires submitted for grading included a 48.63-ct piece of glass and two lab grown stones.The Gemological Institute of America (GIA) described the selling of simulants and synthetics mixed with natural stones as "an old form of deception".It usually happens close to mines, where inexperienced buyers assume the gemstones come directly from the source???,?"and...Read More
Many Indigenous communities in Venezuela see mining as a last resort, but economic hardship and the pandemic have left few alternatives.Read full newsRead More
Today we trample sacred ground... trumpet a message of heresy... and offend the pieties. For we challenge the cherished and soothing assumptions of democracy.In 2001, academic Hans-Hermann Hoppe scribbled a book bearing the soaring title Democracy: The God That Failed. Hoppe's work is a dart leveled against that holiest of secular divinities.Hoppe's primary tort against democracy?It wastes. It exh...Read More
The study highlights FPX's potential to develop the world's largest integrated nickel sulphate production facility.Read full newsRead More
The contract, awarded to CIMIC Group company Sedgman, was for C$318 million (US$243.Read More
The resumption of normal operations and the return of unionized employees to the mine site is scheduled for September 12, Glencore said. The new five-year contract provides for wage increases of 6.Read More
Montage expects to close the transaction in the coming weeks, following receipt of the signed Presidential decree in respect of the Gbongogo exploration permit, the firm said.Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipNorth Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsWesdome said results from the complex in Val d'Or confirmed the continuity of the Presqu'ile Zone and have spurred the company to fast-track an exploration...Read More
"Financial performance was impacted by lower realised commodity prices, higher energy and raw materials cost and a higher Armenian Dram compared to the US Dollar," Chaarat's CEO Mike Fraser said.Read More
A preliminary economic assessment by Toronto-listed Marimaca Copper in 2020 highlighted annual copper cathode production of 36,000 tonnes over a 12-year period at Marimaca.Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe resumption of normal operations and the return of unionized employees to the mine site is scheduled for September 12, Glencore said. The new five-year contract provides for wage increases of 6.Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDAfrica Down Under started life two decades ago as an investment forum to promote African themed ASX listed companies to Australian investors.Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDA modest bounce in the price of copper this week is one indication of an improvement in supply and demand fundamentals with the price up 5.3% from US$3.38 a pound $3.56/lb.Read More
The most recently released drill hole from Paycore Minerals' (TSXV: CORE) FAD property in Nevada's Battle Mountain-Eureka Gold belt returned 12.5 metres of 22% zinc, 44.8 metres of 6.3% zinc, and also confirmed the presence of significant gold mineralization at the polymetallic deposit. Paycore, which only listed on the TSX Venture Exchange in April, has completed over 10,264 metres of drilling t...Read More
Osisko Gold Royalties (TSX: OR; NYSE: OR:US) has acquired a 1% net smelter return (NSR) royalty covering the currently known mineralization and prospective exploration areas that constitute the Marimaca copper project. Total consideration paid to the project owner Marimaca Copper (TSX: MARI; OTCPK: CROJF:US) is US$15.5 million.Located in northern Chile near Antofagasta, Marimaca is an open-pit, h...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) announced on Friday the death of an employee at its Kamoa-Kakula mining complex in the Democratic Republic of Congo due to a ground fall.The fatal accident occurred in a development area at the underground Kansoko mine when loose rock struck the worker."Ivanhoe Mines extends its deepest condolences to the grieving family and friends of the deceased," it said...Read More
You don't need to be a monarchist to have admired Queen Elizabeth II, who has died at the age of 96. She was famously discrete in her opinions and never gave an interview to the press. An exemplar of stability, resolve and duty, Queen Elizabeth had been on the throne since 1952, when she was only 25.The reign of our 61st monarch (as a unified, identifiable country, starting with King Egbert in 827...Read More
Talon Metals (TSX: TLO; US-OTC: TLOFF) and Rio Tinto's (NYSE: RIO; LON: RIO; ASX: RIO) Tamarack nickel project in central Minnesota, continues to grow, with the miners finding thicker, higher-grade nickel-copper mineralization in an area outside the project's defined resource zone.Fresh drilling results published by Talon Metals, the majority owner and operator of the Tamarack, showed one of th...Read More
Highlights included 81.55m grading 0.89% copper and 0.25 grams per tonne gold including a sub interval of 21.14m grading 2.79% copper and 0.59%g/t gold.Read More