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

In an update on the recommissioning of its wholly owned Beaufor mine and Beacon mill, Monarch Mining (TSX: GBAR; OTC: GBARF) said it has begun feeding ore to the mill and expects to make its first gold pour this month.The Beaufor mine and Beacon mill are located about 20 km northeast of Val d'Or, Que., and have produced over 1.1 million oz. of gold since it first opened in the 1930s. Monarch acq...Read More

Shares of Rio2 (TSXV: RIO; US-OTC: RIOFF) on Tuesday reached their lowest value since March 2020 as Chile's regional evaluation commission, which includes 12 government bodies, again rejected the company's environmental impact assessment (EIA) for its Fenix Gold project in the Atacama region.The news comes days after the project's EIA was denied by the environmental assessment service (SEA), a nat...Read More

Africa-focused rare earths explorer Mkango Resources (TSXV: MKA) has reached a major milestone with the release of a definitive feasibility study for its Songwe Hill project in Malawi. Located 90 km from the commercial centre of Blantyre, the Songwe project is the cornerstone of Mkango's mine, refine and recycle strategy, underpinning the development of a proposed separation plant in Poland and co...Read More

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli. Jeffrey discusses an increase in busyness in the precious metals market, as well as how central banks around the world are starting to buy gold at higher prices. He also explains why the G7 plan to ban Russian gold exports is largely symbolic with few real-world implications.All th...Read More

American silver producer Hecla Mining (NYSE: HL) has agreed to acquire all shares of Canadian Alexco Resource (TSX: AXU: NYSE-AM: AXU) it doesn't already own, in a deal that values the target's shares at US47 ? each.The Coeur d'Alene, Idaho-based miner, said the figure represents a premium of 23% based on Alexco's five-day volume weighted average price on the New York Stock Exchange on July 1.At...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

Production for 2022 is guided for 300 tonnes of nickel and 3 tonnes of cobalt.Read More

Share this article VANCOUVER - Lahontan Gold Corp. [LG-TSXV] reported drill results from two reverse circulation rotary drill holes exploring the Santa Fe pit area of the 100%-owned 19-km2 Santa Fe project in the Walker Lane belt, Mineral County, Nevada. The two drill holes, totalling 518.2 metres, were completed in late 2021. These drill holes targeted northwest and down-dip step-outs from known...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 proposals from Chile's Treasury Department include a revenue-based royalty of 1%-2% and a profit-based royalty of 2%-32% dependent on the copper pr...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 resourcesProduction for 2022 is guided for 300 tonnes of nickel and 3 tonnes of cobalt.Read More

"We expect accelerating China FAI [fixed asset investment] (on infrastructure and property) will favour iron ore and copper.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 resourcesForrest's attempt to spend A$168 million to acquire a 15% stake in Regis to build on an existing 4.9% position in the financially stretched gold produc...Read More

(IDEX Online) - The prices of used Rolex Daytona watches, and other super-desirable luxury timepieces are falling for the first time since 2019, as the stock market and cryptocurrencies hit hard times.They're now changing hands on the secondary at well below their 2022 peak, although still for many times their original retail price.The Daytona 116500LN Black Dial (pictured) was selling for $4...Read More

(IDEX Online) -  A US pastor failed to show for a court hearing after police seized thousands of fake Cartier bracelets from his church. The goods would have been worth $24.4m if genuine.Rev JianGang "Frank" Lan, of the Deer Park Community Church, in Chapel Hill, North Carolina, is reported to be in China.He was arrested in 2091 after police found more than 3,200 counterfeit bracelets.Accordi...Read More

(IDEX Online) - The IDEX Polished Price Index continued its gradual decline through June, down by 1.18 per cent at the close of the month. The near-straight line slide was somewhat steeper than May, when it fell by 0.69 per cent. In April it declined by more than 2.1 per cent. Before that, January and February showed sharp increases, down by 5.67 per cent and 4.14 per cent respectiv...Read More

The firm has been seeking additional funding, including a promissory note from its largest shareholder Pala Investments to develop its copper project in Nevada but warned "there can be no assuranceRead More

In an effort to raise additional funds to continue operations at its Pumpkin Hollow copper mine in Nevada, Nevada Copper (TSX: NCU; OTC: NEVDF) has agreed to terms with its senior lender KfW IPEX-Bank and its largest shareholder Pala Investments for a loan of up to US$70 million by way of a new tranche extension to the existing senior credit facility with KfW. The funding would be provided by P...Read More

Rock Tech Lithium (TSXV: RCK; OTC: RCKTF) has released new assay results from ongoing drilling at its 100%-owned Georgia Lake lithium project in Ontario. Located between Nipigon and Beardmore, the Georgia Lake property comprises 1,042 hectares of mineral leases and 56.9 sq. km of mineral claims within the Thunder Bay mining district.Rock Tech began the drill program in 2021 in support of an ongoin...Read More

Boris Johnson's government seems set to approve the first new underground coal mine in the U.K. for 36 years. Such an outcome (a decision is due by July 7) will be heavily criticized by environmental groups, but would be a welcome fillip for the British mining industry after 100 years of declining coal production.Coal mining has always attracted mixed emotions. The imminent planning decision on Wo...Read More

The British government announced on Monday the creation of a centre to gather data and analyze information on the supply of critical minerals such as cobalt, lithium and graphite key for electric vehicle (EV) batteries and wind turbines.The Critical Minerals Intelligence Centre (CMIC), to be run by the British Geological Survey, will use the data to help to find ways to source minerals needed for...Read More