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 Onlie) - Lucara says profits more than doubled for the last quarter, up from $6m to $12.5m as the strength of the market outweighed economic uncertainties.The Canada-based miner reported a 13 per cent increase in revenue for the three months ending 30 June, up from $46.3m to $52.3m (figures are US dollars).It said strong rough and polished diamond market fundamentals were continuing, despite...Read More

(IDEX Online) - Staff at jewelry stores in Auckland, New Zealand, have been targeted in a series of brutal raids in recent weeks.A worker is receiving counselling for the trauma, and one owner has closed their store as a result, according to the Stuff news website.Video from one raid (see pic) shows perpetrators running to their getaway car in broad daylight. One of them, armed with a ha...Read More

Revenues for the first half of 2022 were down 30% to US$2.53 billion from US$3.59 billion in the first half of 2021.Read More

Second quarter EBITDA came in at US$301.2 million, above the market consensus of $296 million and 4% higher than the same quarter a year earlier.Read More

Prismo Metals (CSE: PRIZ) is preparing to drill-test an important near-surface target at its flagship Palos Verdes gold project in Sinaloa state, Mexico, after receiving an extension to its environmental permit in late July.The drill program is designed to test the Palos Verdes vein and a structural intersection with a second vein at depths where the company believes it can test a prominent, highe...Read More

Fuse Cobalt (TSXV: FUSE; US-OTC: FUSEF) has signed a memorandum of understanding with Electra Battery Materials (TSX: ELBM; NASDAQ: ELBM) for the supply of raw cobalt material.Fuse is exploring the Teledyne and Glencore Bucke projects located in Cobalt, Ont., which are near Electra's cobalt sulphate refinery in Temiskaming Shores.The MOU contains the framework of a future transaction that would se...Read More

Monarch Mining (TSX: GBAR; US-OTC: GBARF) has released a mineral resource estimate for its 100% owned Croinor gold project located 55 km east of Val-d'Or, Que. The resource estimate is based solely on potential underground mining and was prepared using all available information, including results from the latest drilling programs.Resources in the measured and indicated category amount to 903,600 t...Read More

Lucara Diamond (TSX: LUC) is moving towards the main shaft sinking phase of the underground expansion project at its Karowe mine in Botswana, which will extend the operation's life for 20 years - until 2040.The company said it had invested US$29.1 million in the project during the three months to end-June, with activities focused on the sinking of the main shaft and construction of the upgraded tr...Read More

Russia's invasion of Ukraine has shone a spotlight on energy security throughout Europe and the Americas. World leaders are finally paying attention to their reliance on Russia for energy and critical minerals, and they don't like what they see. Sanctions against Russia should continue and depending on how long and drawn out the invasion is, they may heighten. To date, Russian gold has been targe...Read More

Drilling at the Copala vein at Vizsla Silver's (TSXV: VZLA; NYSE: VZLA) Panuco project in southern Sinaloa, Mexico has yielded high grades over broad intervals near surface with intercepts grading over 1,000 grams silver-equivalent per tonne.The results expand the high-grade mineralized footprint to over 900 metres along strike by 400 metres down dip and highlights from its news release today incl...Read More

Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) has announced a round of management changes, with newly appointed chief financial officer Ayten Saridas stepping down after only six weeks in the job.Saridas has been replaced by Keith Pollocks as interim CFO. Pollocks was formerly the CFO at Kasbah Resources (ASX: KAS), an Australian company with tin projects in Morocco.SolGold also said that...Read More

With the March prefeasibility study on its DeLamar gold-silver project in Idaho, USA not well received by the market, the company pivoted towards a purely heap leach development option, leaving some 2Read More

Monarch Mining (TSX: GBAR; US-OTC: GBARF) has released a mineral resource estimate for its 100% owned Croinor gold project located 55 km east of Val-d'Or, Que. The resource estimate is based solely on potential underground mining and was prepared using all available information, including results from the latest drilling programs.Resources in the measured and indicated category amount to 903,600 t...Read More

"Why do you rob banks?" authorities asked notorious bank thief Willie Sutton.His response was a miracle of clarity, clearer than crystal and sharper than Damascus steel:"Because that’s where the money is."Why does the United States government mine the middle class for tax revenues?For the same reason the criminally enterprising Mr. Sutton robbed banks - because that is where the money is.Mr....Read More

Vancouver, British Columbia, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE: ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) ("Asante" or the "Company") is pleased to announce that, further to its news release dated April 25, 2022, it has closed the acquisition of all of the issued and outstanding shares in the capital of Red Back Mining Pty Ltd, which indirectly holds a 90% interes...Read More

(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.) TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) ("Kinross" and the "Company") announced today that it has completed the sale of all its interest in the Chirano mine in Ghana to Asante Gold Corporation (CSE: ASE; FSE: 1A9; GSE:ASG) ("Asante") for a total consideration of $225 million in...Read More

Commodities Analysis by Frank Holmes covering: XAU/USD, S&P 500, iShares Core S&P 500 ETF, SPDR (R) S&P 500. Read Frank Holmes's latest article on Investing.comRead full newsRead More

Systemic risks abound right now that, in my view, could favor allocations to physical gold and gold mining stocks. Those risks include sustained inflation, a potential global recession, looming food and energy crisis, and an escalation of hostilities in Eastern Europe.Read full newsRead More

Chief Financial Officer Ryan Snow said the gold prepay and silver purchase and sale agreements of $75 million funded during the second quarter and gold sales that continued from theRead full newsRead More

Nova Scotia has approved an application from the owners of the Touquoy gold mine to raise the height of the wall of its existing tailings waste pondRead full newsRead More