Analysts expect historically high prices for copper, aluminum, nickel, zinc, steel, and other base and precious metals to benefit miners in the year's second half.Credit rating agency Moody's Investors Service expects commodity prices to continue to reflect the risk of supply and trade-flow disruptions, especially if the Ukraine military conflict escalates.Moody's VP and senior credit officer Emil...Read More

Fuelled by the war in Ukraine and ongoing Covid-19 shutdowns, inflation is rising globally. To combat the threat, central banks around the world have been increasing interest rates.Canada's consumer price index reached 6.8% in April. The Bank of Canada increased its overnight and deposit interest rates to 1.5% at the start of June, and its own rate to 1.75%.Inflation in the U.S surged unexpectedly...Read More

Amidst talks of nationalization of mines and stricter regulations for miners in several jurisdictions across South America, Ecuador's Energy Minister Xavier Vera promises a different path as the government aims to put about half-a-dozen projects into construction by 2025. In an exclusive interview with The Northern Miner at an event in Toronto during the PDAC conference, the minister said that...Read More

Focus Graphite (TSXV: FMS; US-OTC: FCSMF) has been awarded a grant of up to $350,000 by Qu?(C)bec's Ministry of Energy and Natural Resources, to advance the company's Manicouagan-Ouest Graphitic Corridor (MOGC) graphite deposit at its Lac T?(C)t?(C)pisca project in Quebec. The grant, which is part of the ministry's five-year plan for developing critical and strategic minerals, will be used to f...Read More

Glencore (LON: GLEN) said on Friday that the first-half year profit from its commodities trading unit is on track to achieve its annual earnings target in the first six months of 2022, placing it on course for its best-ever year.The Swiss company expects adjusted operating profit to exceed US$3.2 billion for the first half of the year boosted by soaring commodity prices, supply disruptions and vol...Read More

The world's biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report shows.According to PwC's 19th annual review of the top 40 mining companies, which examines global trends in the industry, future success will depend on whether global miners can take a leading role in the world's clean energy transition and...Read More

The initial public offering price for 14.388 million shares would be between US$11.75-12.50 per share, the firm said in a filing to the NYSE.Underwriters to the offering have an option to purchase a maximum of 2,158,200 additional shares of common shares.Ivanhoe Electric in an initial filing registration to the NYSE last month said the planned dual listing was "in order to support American supply...Read More

One might think Russia's troubled invasion of Ukraine - which has cost thousands of lives, damaged the global economy, and spiked energy prices - would be a cautionary tale for China...But in actuality, that couldn't be further from the truth.China has been telegraphing a move on its renegade province for years now, and we're finally nearing the point of no return. Just look at the way the stage...Read More

We see lots of hand wringing about the Fed's intention to crack down on inflation. No more Mister Nice Guy! The party is over! Those money masters are going to clean up the balance sheet and teach the virus called inflation a thing or two!Oh sure, there will be a bit of pain in the short run but in the long run, we'll have beaten back this beast and the dollar will stabilize again.What we see here...Read More

Altaley Mining Corporation (TSXV:ATLY) shipped its first gold concentrate at the weekend....Read full newsRead More

Quadro Resources Ltd. (TSXV: QRO) (OTCQB: QDROF) (FSE: G4O2) (Read full newsRead More

Share this article TORONTO - Kinross Gold Corp. [K-TSX; KGC-NYSE] has completed the sale of 100% of its Russian assets to the Highland Gold Mining group of companies for total consideration of $340-million in cash. All dollar amounts are expressed in United States dollars, unless otherwise noted. Kinross has received $300-million in its corporate account and will receive a deferred payment of $...Read More

Share this article VANCOUVER - Altamira Gold Corp. [ALTA-TSXV, EQTRF-OTC Pink, T6UP-FSE] has released an exploration update on three projects located in Northern Mato Grosso, Brazil.The three projects cover 163,000 hectares of the Alta Floresta Gold Belt, which has produced an estimated 7.0-10 million ounces from placer mining operations during the gold rush of the 1980s when gold was washed fr...Read More

The latest planned merger between Toronto-listed Elemental Royalties and Altus Strategies announced on June 14 is expected to be followed by other royalty and streaming firms who have enjoyed strongRead More

For the year-to-May, Dynacor's cumulative sales are $87.2 million, which is a 26% year on year increase. The January-May sales translate to an annualized rate of $210.78 million.The May sales were up 24% year on year and 11% month on month.Dynacor's average selling price in May was $1,846/oz, compared to $1,873/oz in May of last year. The 2022 forecast is based on an average gold price of $1,800/o...Read More

"His breadth of experience is well-suited to lead our company into the future," NV Gold's chairman John Watson said."John's strong background in finance and investor relations, combined with his industry reputation will be pivotal to achieving the company's goals. NV Gold is pursuing an aggressive exploration strategy designed to take advantage of its significant Nevada property portfolio," he sai...Read More

CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesFar more than companies in other sectors, miners have an implied freedom to switch strategic direction, perhaps fre...Read More

(IDEX Online) - The Kimberley Process (KP)  must "stop turning blind eye to Russia's invasion of Ukraine and take fight against conflict diamonds seriously". The KP Civil Society Coalition (KPCSC), the umbrella organization that oversees its activities, issued a strongly-worded statement on Tuesday, accusing the KP of being "no longer fit for purpose".An attempt by Western...Read More

(IDEX Online) - Gem Diamonds has recovered an exceptional Type II 245-carat diamond (pictured) from its Letseng mine in Lesotho.It's the third +100-carat stone in three weeks from the world's highest dollar per carat kimberlite diamond mine.London-based Gem recovered a 129-carat stone on 23 May at Letseng, the world's highest diamond mine, 3,100 meters above sea level in the Maluti...Read More

(IDEX Online) - The Responsible Jewellery Council (RJC) says Kering, Richemont and other members have rejoined, after their high-profile departures over the organization's ties with Russia."Most of the small number of members who briefly left the RJC in late March rescinded their resignations within a few weeks, including all the Kering and Richemont maisons, retaining their long-standing RJC...Read More