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

Marathon Gold (TSX: MOZ) has increased the mineral resource estimates for its Valentine gold project in central Newfoundland, the largest undeveloped bullion project in Atlantic Canada.The Toronto-based miner said that total measured and indicated mineral resources now stand at four million ounces (64.6 million tonnes at 1.90 grams gold per tonne), a 26% growth in ounces and over 10% increase in g...Read More

Granada Gold Mine (TSXV: GGM; US-OTC: GBBFF) has updated the mineral resource estimate at its flagship Granada property, a past producer located adjacent to the Cadillac Break in the Abitibi near Rouyn-Noranda, and is close to several gold deposits and operating mines in northwestern Quebec.This is the second time that the company has published a resource update since shifting its approach to the...Read More

The green energy revolution is driving unprecedented demand for sustainable sources of base metals and uranium which is increasingly seen as an acceptable form of baseload power generation.Here's a list of the top ten Canadian-headquartered base metal and uranium juniors with no production. The ranking is based on the companies' market capitalization as of June 9, as compiled by Mining Intelligenc...Read More

Shares in Savannah Resources (AIM: SAV) fell as much as 35% in early trading today after revealing the sudden exit of its chief executive and having to complete an additional environmental licensing step for its flagship Mina do Barroso lithium project in Portugal.The company said CEO David Archer was stepping down immediately after almost nine years in the post. He's being succeeded on an inter...Read More

The latest drill results from the Kay mine project in central Arizona demonstrate more intervals of gold and copper-rich sulphide mineralization, Arizona Metals (TSXV: AMC; US-OTC: AZMCF) reports.Results from 17 drill holes released today included 100.9 metres grading 1.24% copper, 1.54 grams gold per tonne, 1.56% zinc, 25.8 grams silver per tonne and 0.14% lead (2.54% copper-equivalent/4.16 grams...Read More

It's official. The Atlanta branch of the Federal Reserve now says it believes that the United States economy is in the midst of a recession.Last week, the Atlanta Fed revised its second-quarter GDP forecast into negative territory.On Thursday, the bank lowered its second-quarter GDP growth forecast from +0.3% to -1.0%. Then on Friday, the bank lowered its forecast again to -2.1%.The U.S. Bureau of...Read More

Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) (Read full newsRead More

Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) (Read full newsRead More

Share this article VANCOUVER - SilverCrest Metals Inc. [SIL-TSXV, SVCMF-OTCQX] said Tuesday it has completed the first pour of silver and gold at the company's Las Chispas project in Sonora, Mexico.The first precious metal pour was completed on June 30, 2022, and consisted of 312 kilograms of dore with approximately 9,200 ounces of silver and 100 ounces of gold, the company said in a press releas...Read More

The pour, which happened on June 30, contained around 9,200 ounces of silver and 100 ounces of gold.  Commercial production is set for the fourth quarter.Read More

Newmont Peñasquito will pay its represented workforce an uncapped profit-sharing bonus up to 10%, with an immediate cost equivalent of US$70 million, which is representative of the paymentsRead More

The US$75 million deal paves the way for the largest and highest-grade silver producer in the US to buy the largest and highest-grade silver reserve in Yukon, Canada.Read More

Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesNo wonder all eyes are on Quellaveco, Anglo American's giant new copper mine in Peru, due to come on stream within weeks.Read More

(IDEX Online) - British stores run by TJ Maxx are cutting the price of diamond rings by as much as 75 per cent.The global budget retail chain, which brands its 350 UK stores as TK Maxx, is selling a $4,800 14ct white gold ring (pictured) with 0.90ct diamonds (no further details given) for $1,200.A 9ct gold ring with 1-ct tcw of diamonds (again, unspecified) is down from $3,700 to $1,200.The compan...Read More

(IDEX Online) - Four million viewers have watched a TikTok video of hapless romantic Ross Bamber, 26, dropping a $1,200 diamond engagement into a lake during a disastrous marriage proposal.Video shows the ring falling from its box as he prepares to slip it on to the finger of fianc?? (C)e-to-be Geri Ashforth, 23 after a candlelit meal for two."That wasn't what I thought it was, was it?" she a...Read More

(IDEX Online) - Amazon and Cartier are jointly taking legal action against a Chinese social media influencer and eight businesses accused of counterfeiting.They accuse defendants named in court papers as Phmn9y3v, Vfdnytu, Amazing Jewelry You Want, Miao-He and others, of selling luxury goods through Instagram and other websites, infringing on Cartier's registered trademarks and violating Amaz...Read More

Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesThe has been placed with Swedish firm Epiroc. The US$700 million nickel and copper development is located below the existing Craig mine and is being de...Read More

Satellite surveillance by commodities broker Marex and the satellite service Earth-i in their geo-spatial product SAVANT showed reduced smelting activity in Chile as well as weak activity in China andRead More

The Pumpkin Hollow copper project owner has agreed non-binding terms for the loan with its senior lender KfW IPEX-Bank and its largest shareholder Pala Investments by way of a new tranche extension of the existing senior credit facility with KfW.The update follows Nevada Copper last week announcing that liquidity issues had resulted in the company suspending most mining activities and falling into...Read More

The shares of two Red Lake Gold Camp-focused 'close-ology plays' crashed on Tuesday after they made public that Barrick Gold (TSX: ABX; NYSE: GOLD) has named them parties in a statement of claim for $120 million for a cancelled exploration earn-in option on each of the companies' respective exploration projects.Dixie Gold (TSXV: DG) and Red Lake Gold (CSE: RGLD), each headed by CEO Ryan Kalt, reve...Read More