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

Investor Insight: InterGroup MiningSPONSOREDintergroup miningEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto mineralsOZ has mines in South Australia and Brazil and expects to produce 120,000-135,000 tonnes of copper and 208,000-230,000 ounces...Read More

Investor Insight: InterGroup MiningSPONSOREDintergroup miningEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto mineralsSeitz has served as interim chief executive since January this year and has overseen a surge in fertilizer demand and prices...Read More

Investor Insight: InterGroup MiningSPONSOREDintergroup miningEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto minerals  An embargo on rare earth exports, which are essential in some high-tech applications and defence equipment, was last u...Read More

(IDEX Online) - Tanzania is reportedly looking to sell its rough through the Dubai Diamond Exchange (DDE).Minerals minister Dotto Biteko said the country needs to seek more lucrative markets for the estimated 500,000 carats it produces annually, according to The Citizen newspaper.He was speaking ahead of a meeting of the 18-member African Diamond Producers' Association, of which Tanzania is t...Read More

(IDEX Online) - A gang ran off with high-end diamond jewelry after a 30-second smash and grab at a store in the Bronx, New York.A "customer" who was buzzed into Rocco's Jewelry on Friday afternoon ushered in three accomplices who smashed glass display cabinets with hammers and emptied trays of merchandise."Once inside the store, the three individuals used a hammer to smash open the display ca...Read More

Investor Insight: InterGroup MiningSPONSOREDintergroup miningSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedAlicanto wows with maiden resourceSPONSOREDalicanto mineralsPetro wants Colombia to produce energy transition minerals such as lithium [even though the country has no lithium deposits],...Read More

The company reported that the sinkhole has remained stable since detection and that the area was immediately isolated, with no impact to personnel, equipment or infrastructure.Read More

Despite Coeur Mining (TSX: CDE) reporting June-quarter production and costs mainly in line with Bay Street estimates, at least one analyst has downgraded the issuer while flagging concern over perceived balance sheet risk over the coming 12 months.Canaccord Genuity Capital Markets analyst Dalton Baretto has downgraded the issuer to 'HOLD' from 'BUY' and is modestly reducing his target price to US$...Read More

B2Gold (TSX: BTO; NYSE-AM: BTG) and AngloGold Ashanti (NYSE: AU; JSE: ANG;) have put their Gramalote gold joint venture in Colombia on hold. In a news release on Aug. 3, B2Gold said that based on preliminary results from their optimized feasibility study for Gramalote, the miners determined that Gramalote doesn't meet their investment thresholds for developing the project. "In conjunction w...Read More

Canadian miners are mourning the passing of industry heavyweight Ned Goodman (1936-2022).Over more than 30 years, Goodman has made transformative and enduring contributions to Canada's minerals industry and capital markets as a company-builder, merchant banker and investment advisor during a dynamic career spanning almost half a century.Montreal-born Goodman applied his geological training and bus...Read More

Imperial Metals (TSX: III) will secure additional funds for the restart of its Mount Polley mine by way of a convertible debenture financing totalling $45 million. The mine, which had been on care and maintenance since 2019, is in the midst of the restart and operating at targeted production rates. The company had previously aimed to reopen the mine operation by the end of June.However, the mine r...Read More

TNM Drill Down, released every Monday, focuses on the top gold assays of the past week. Assays are?EUR?ranked by gold grade x width, as identified by our sister company?EUR?Mining Intelligence?EUR?. Top gold assays July 29 to Aug 4, as identified by Mining Intelligence.Australia's Musgrave Minerals (ASX: MGV) had the top drill hole of the week July 29-Aug. 4 at its flagship Cue project in Wester...Read More

U.S.-based Uranium Energy Corp. (NYSE-AM: UEC) has trumped Denison Mines' (TSX: DML) competing bid for Canada's UEX Corp. (TSX: UEX) after sweetening its original bid.The revised offer gives each holder of UEX shares 0.0890 of one common share of Uranium Energy for each UEX share held. This implies a consideration of about 49 ? per UEX share, versus the prior offer of 43 ? per share, a 14% price i...Read More

Australian copper producer OZ Minerals (ASX: OZL) rejected on Monday an unsolicited A$8.4 billion (US$5.8 billion) takeover bid from the world's largest miner BHP (NYSE: BHP; LSE: BHP; ASX:BHP), stating that it "significantly undervalued" the firm.Earlier on Monday, BHP had offered A$25 per share for Oz Minerals, representing a 32.1% premium to the stock's closing price on Friday.The approach is p...Read More

Silvercorp Metals (TSX: SVM; NYSE: SVM) is expanding its mining operations to meet the growing demand for silver used in the solar panels and wind technologies that are powering the transition to a green energy future.The Canadian miner has "significant exposure to silver, which is an essential ingredient for the global push towards decarbonization, and, like gold, is viewed as a safe-harbour inv...Read More

Following the Randgold Resources and Barrick merger in 2018, Bristow pushed decision-making power out to the regions, which he believes motivated them to take ownership of decisions and improveRead More

Despite Coeur Mining (TSX: CDE) reporting June-quarter production and costs mainly in line with Bay Street estimates, at least one analyst has downgraded the issuer while flagging concern over perceived balance sheet risk over the coming 12 months.Canaccord Genuity Capital Markets analyst Dalton Baretto has downgraded the issuer to 'HOLD' from 'BUY' and is modestly reducing his target price to US$...Read More

U.S.-based Uranium Energy Corp. (NYSE-AM: UEC) has trumped Denison Mines' (TSX: DML) competing bid for Canada's UEX Corp. (TSX: UEX) after sweetening its original bid.The revised offer gives each holder of UEX shares 0.0890 of one common share of Uranium Energy for each UEX share held. This implies a consideration of about 49 ? per UEX share, versus the prior offer of 43 ? per share, a 14% price i...Read More

Dear Outsider,President Biden is set to sign the $52 billion CHIPS Act into law tomorrow.This comes just as Nancy Pelosi is getting back from her controversial trip to Taiwan.The Chinese government didn't like it all, threatening military action.If you didn't know, Taiwan is the world's largest chipmaker.It all starts to make sense, doesn't it?The world's powers are vying...Read More

Rick Rule Symposium 2022youtu.beGold has seen ups and downs this summer, but is solidly below its Q1 peak of over US$2,000 per ounce.Speaking to the Investing News Network at the Rule Symposium in Florida, Rick Rule, the host of the event and...Read full newsRead More