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) - A plaque honoring De Beers founder Cecil Rhodes at Oxford University has been given government protection.The plaque is located yards from the statue that prompted the Rhodes Must Fall campaign. Critics accuse the diamond magnate, who died in 1902, of being a racist, a white supremacist and the father of apartheid, and have called for his statue to be removed.It's the latest t...Read More

Alicanto wows with maiden resourceSPONSOREDalicanto mineralsSavannah eyes major Li production in PortugalSPONSOREDsavannah resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDTwenty or almost half reported fatalities were attributed to Sibanye. Glencore followed at some distance with four, while 28% of members reported at least two deaths.Read More

Australia and Canada share a rich and storied mining tradition. Both are home to vast mineral resources, abundant infrastructure, effective regulatory regimes, and supportive legislation, and are considered tier-one mining jurisdictions. Here are eight Australian companies operating in Canada. 92ENERGY Examining drill core at 92Energy's Gemini project in Saskatchewan's Athabasca Basin. Credit: 9...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 our sister company?EUR?Mining Intelligence?EUR?identifies. This week's top intercept comes from Barrick Resources (TSX: ABX; NYSE: GOLD) and NovaGold Resources' (TSX: NG; NYSE: NG) equally owned Donlin project northwest of Anchorage, Alaska. Through their Donlin...Read More

The priority of Petro, who takes office on August 7, will be to undertake a tax reform, targeted at raising more from the middle class, property transactions and inheritance as he seeks to spend moreRead More

Well, it's official...The U.S. is in a recession.Hate to say I told you so.But what is a recession, anyway?Here's the official definition from the dictionary before it gets rewritten: two consecutive quarters of negative GDP growth.Don't let anyone tell you otherwise.But for some reason, the White House refuses to admit we're in a recession, even though that's what the data told us...Read More

(IDEX Online) - North Arrow Minerals reports "encouraging" results in its search for high-value fancy yellow to orange yellow diamonds in Canada's Arctic Archipelago.More than one in 10 of the diamonds bulk sampled last year from the Q1-4 kimberlite at the Naujaat Diamond Project are fancy color, it said.Of those, 90 per cent are orange and 30 per cent are classified as either "intense" or "v...Read More

(IDEX Online) - An extremely rare type of diamond has been discovered in Australia - but it will be of more interest to geologists than the gem industry.The "metamorphic diamonds" are invisible to the naked eye and can only be viewed with a laser and a microscope.Researchers from James Cook University, in Queensland, found them in rocks along the Clarke River Fault, west of Paluma in the north of...Read More

(IDEX Online) -  Anglo American, parent company of De Beers, announced a slump in revenue and profits for the first half of 2022, as it struggled with Covid-related absenteeism, disrupted supply chains, weather extremes and economic volatility.The British diversified miner saw pre-tax profits fall by 33 per cent to $6.80bn and revenue down 17 per cent to $18.11bn.It faced "considerable challe...Read More

You may liken today's economy to an overswollen tick, obese with blood.Rather than blood, the economy is obese with debt.Like our ludicrously engorged arachnid, the economy cannot much expand. It is impossibly loaded down... groaning under the burden... horribly swaybacked.The economy will continue to wallow - unless it can shake off the weight. But how can it?Today we blow the dust off an ancient...Read More

"The increase in readily accessible, lower cost capital reflects the Company's growth and maturity and provides increased financial flexibility as we focus on delivering value to our shareholders inRead More

The miner, which originally joined the ASX in 2004, has gained approvals to delist on August 31.   Local investors have one month to get their affairs in order.Read More

The overnight marketed public offering will issue 15.2 million shares priced at 66c each.Read More

Glencore's chief executive officer Gary Nagle used the firm's first-half production results today - which included a 4.5% downward revision in the firm's copper guidance for this year to 1.Read More

Look beyond market approach to project valuations: van ZylLeadershipAlicanto wows with maiden resourceSPONSOREDalicanto mineralsSavannah eyes major Li production in PortugalSPONSOREDsavannah resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDThe miner, which originally joined the ASX in 2004, has gained approvals to delist on August 31.   Local investors have one...Read More

The disconnect between rising demand and stagnant supply growth is being reflected in continued upward pressure on critical mineral prices, the bank said.Read More

Alicanto wows with maiden resourceSPONSOREDalicanto mineralsSavannah eyes major Li production in PortugalSPONSOREDsavannah resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDOn July 19, the Vatican Secretariat for the Economy announced a new set of investment guidelines for the Holy See and the Vatican City State, with effect from September 1.Read More

The company's adjusted net earnings more-than-halved year on year to US$33.3 million in Q2, down from $67.1 million in the same period last year. On a per share basis, they fell to $0.17 from $0.37.Read More

Once considered a pariah, Bolivia is quickly gaining a reputation as an exciting jurisdiction for mineral exploration.First in was New Pacific Metals (TSXV: NUAG) which acquired the Silver Sand project in 2017 and signed a first-of-its-kind mining production contract with state mining firm Comibol for the surrounding 56-sq.-km land package. The company is now advancing the project in central Bol...Read More

Uranium Energy Corp. (NYSE: UEC) announced overnight that it had received a competing offer to acquire uranium exploration outfit UEX Corporation (TSX: UEX) and named Denison Mines (TSX: DML) as the bidder.UEC announced on June 13 an all-scrip bid of 0.0831 of one UEC share in exchange for each outstanding UEX share. It provides an implied consideration of $0.43 per UEX share, which is a 50% premi...Read More