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) - Edward Asscher, president of the World Diamond Council (WDC), said there was "strong support" for reforms at the Kimberley Process's intersessional meeting, despite its failure to address the redefinition of conflict diamonds."This year, throughout our engagements with many government participants here in Kasane (Botswana), there seems to be strong support for further reforms,...Read More

(IDEX Online) - US president Joe Biden yesterday announced plans by G7 - the world's seven richest nations - to impose sanctions on Russian gold.Russia supplies around a tenth of the world's gold and has reserves valued at $140bn, according to estimates by the World Gold Council.The G7 nations - Canada, France, Germany, Italy, Japan, the US and the UK - resolved to outlaw imports of newl...Read More

(IDEX Online) - A Ukrainian diplomat is urging consumers not to buy Russian diamonds, because they fund the war in her country.Liubov Abravitova, who serves as her country's ambassador to South Africa, Botswana and Mozambique, made the comments as members the Kimberley Processes failed to reach any agreement over calls to broaden its definition of conflict diamonds."When you see Bucha, Irpin,...Read More

The Mining Association of Canada (MAC) released a new national poll that for the first time finds high levels of support for Canadian mining. The shift indicated increased understanding on the role Canada's mining industry must play in producing the green technologies essential to a low carbon future.For the past 12 years, MAC has worked with Abacus Data to assess public opinion on Canada's mining...Read More

Westhaven Gold (TSXV: WHN) has reported new high grade drill results from its ongoing program at its Shovelnose gold property in British Columbia, as it looks to expand resources in its next update in early 2023.Highlights of the drill results included 2 metres grading 39.67 grams gold per tonne and 30.38 grams silver starting from 104 metres depth in hole SN22-240; and 24.9 metres grading 3.47 gr...Read More

Calibre Mining's (TSX: CXB; US-OTC: CXBMF) shares rose this morning after the company reported high-grade precious metals intercepts from drill results at the Panteon north zone at its Limon mine in Nicaragua.Highlights included 5.8 metres (estimated true width of 5.6 metres) grading 66.03 grams gold per tonne, and 50.1 grams silver starting from 306.2 metres in hole LIM-22-4630; and 5.1 metres (5...Read More

Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) has received results from drilling at the Reid property in Ontario, where two holes were recently completed as part of its regional exploration program and led to the discovery of nickel mineralization.This discovery has now been confirmed with the latest set of assays. The highlight was hole REI21-02, which intersected 354 metres of 0.24% nickel an...Read More

Just a few days ahead of the 2nd UN Ocean Conference taking place in Lisbon from June 27th to July 1st, the European Commission issued a communiqu?(C) that, among other things, strengthens the bloc's position against deep-sea mining. The idea of banning mineral extraction in the exclusive economic zones of EU countries was one of the many items on the EU agenda on International Ocean Governance (...Read More

Shares in Australian gold producer Evolution Mining (US-OTC: CAHPH; ASX: EVN) cratered on Monday after it downgraded its forecast gold production for the year to June 30 and shelved a multi-million dollar expansion.The announcement triggered a sell-off that sent the company's stock 22% down and wiped off almost A$3.5 billion (US$2.4 billion) of the value of Australia's big three gold miners - Nort...Read More

Canada has unique strengths as a mining nation, including a large land base with a "vast diversity" in its mineral endowment, access to the U.S. market, and a long and successful mining history. Those were just some of the reasons why Canada is prominent in mining and a draw for investment, said keynote speaker Douglas B. Silver at the Mining Investment Event of the North conference, organized by...Read More

Copper is pivotal to the global transition to a clean energy future. The red metal is an essential ingredient for the electric vehicles (EVs), energy storage systems, and renewable energy technologies underpinning this transition.However, declining ore quality, mine closures, and the absence of additional investment in new supply could lead to a shortfall of 16 million tonnes by 2040, according to...Read More

Dear Outsider,Last week was crazy.Markets took a heavy beating only to come roaring back Friday after Fed Chair Jerome Powell finished up his testimony before the Senate Banking Committee.By now, you've probably heard some snippets.Good luck slogging through the whole thing...But one conversation stood out to me.It was about the cause of inflation and rising gas prices.For some context, we've...Read More

I've been addressing the war on cash lately, and for good reason. While everyone's attention is focused on the war in Ukraine, inflation and the Supreme Court, government plans to eliminate cash are accelerating.For example, central bank digital currencies (CBDCs) are coming even faster than many anticipated. The digital yuan is already here; it was introduced in China last February during the Win...Read More

(IDEX Online) - A jeweler had his uninsured suitcase of diamonds and jewelry, valued at over $1m, stolen as he packed up at the end of a gem show in Houston, Texas, USA."It takes so much to collect... and to see everything vanish... It's your entire life savings. It's gone," Iftikhar Sayed, 72, told local news channel Click2Houston.He and his wife had been displaying their goods at the I...Read More

(IDEX Online)  - Two suspects have been arrested over the $12m armed heist at Bulgari's flagship store in Paris last November. The men, aged 26 and 37, were detained on Tuesday (21 June), according to French media.  Four robbers fled on scooters and three in a grey BMW, after the raid in the capital's prestigious Place Vendome (pictured), which is also home to Chanel, Boucheron...Read More

(IDEX Online) - Kimberley Process (KP) must address its narrow definition of conflict diamonds, Edward Asscher, president of the World Diamond Council (WDC) told delegates at a meeting of the global watchdog in Botswana last week.He warned that industry solutions to responsible sourcing could end up eclipsing KP's certification scheme - but could also marginalize smaller players without the r...Read More

Blue Horseshoe Ventures launches their new capital-raising platformSPONSOREDblue horseshoe ventures pty limitedAdvancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesIn addition to the above, the marketing efforts of the quasi-industry-government body,...Read More

Our economy is in a crisis that’s been brewing for decades.The Chinese characters for the English word crisis are famously - and incorrectly - translated as danger and opportunity. The more accurate translation is precarious plus critical juncture or inflection point.Beneath its surface stability, our economy is precarious because the foundation of the global economy - cheap energy - has rea...Read More

Though mining and metallurgical operations in Montana, US were largely unaffected by the  flooding this month, key infrastructure including bridges and access roads were impacted.Read More

Blue Horseshoe Ventures launches their new capital-raising platformSPONSOREDblue horseshoe ventures pty limitedAdvancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesGlobal mining capex averaged around US$99.5 billion a year in the past decade but inclu...Read More