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

These are exciting times for Canadian explorer and developer G2 Goldfields (TSXV: GTWO;US-OTC: GUYGF) says Dan Noone, the company's chief executive, as it advances the Oko-Aremu gold project in Guyana."In less than two-and-half years, we've progressed from discovery to our first resource on the project, and this marks a major milestone in unlocking the full value of a project that has the potenti...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 minesDavidson said that while supply is expected to increase in the short-term as the Quelleveco and Quebrada Blanca 2 p...Read More

Guzman said the variable rate will by 0% when the copper price is less than US$3.50 per pound and 8% when it is more than $5.25/lb.Between these two values, it will be 0.8% of the difference between the prevailing copper price less the $3.50/lb floor price. So at $4.50/lb copper it will be 0.8% and a $5/lb it will be 1.2%"The president has signed a decree on adapting the export duties for copper w...Read More

The S&P is closing in on bear market territory, which is defined as a decline of 20% or more from recent highs.And it may fall even further. Since World War II, there have been 14 bear markets. The median loss during these bear markets has been 30%, and they lasted about a year (hat tip to Bespoke Investment Group).The Kind of Drop We Haven't Seen in DecadesAnd with the Fed ready to raise inte...Read More

Natural Resources minister Jonathan Wilkinson has said that Russia's invasion of Ukraine and the fragility of global supply chains have "heightened" the importance of critical minerals as he welcomed mining company delegates on the opening day of PDAC 2022.Wilkinson described the transition to net-zero as a "competitive race" between the world's largest economies, with demands for minerals like li...Read More

(IDEX Online) - GIA is to close its Antwerp grading lab, saying it is no longer economically viable.It will stop taking submissions on 1 July and cease trading altogether on 31 July.GIA indicated back in August 2020 that it could close or scale down the Antwerp operation. The Covid pandemic added to its woes, on top of a shift to manufacturing in India and banks' reluctance to lend. Belg...Read More

(IDEX Online) - A US tourist had his unique $1m Hublot watch - set with over 32 carats of black diamonds - snatched from his wrist in Barcelona.He suffered minor injuries in the incident outside the five-star Mercer Hotel, where he is believed to have been staying. Unconfirmed reports identify the stolen watch as a Hublot Black Caviar Bang.The timepiece is described by its Swiss makers as a w...Read More

(IDEX Online) - A Patek Philippe watch made in 1990 and described as "possibly unique" sold for $2.5m at auction, smashing its $829,000 high estimate. The watch, Ref 3974, (pictured) was the most technically sophisticated watch of its day - with a minute repeater, a perpetual calendar, 24-hour indication and phases of the moon. It sparked a furious bidding war between 20 potential buyers at Phill...Read More

Pretoria, Gauteng, South Africa, June 10, 2022 (GLOBE NEWSWIRE) -- Gold Secured Currency (GSX) has received, through a geotechnical assessment report, confirmation of the presence of copper and gold valued at an estimated 40 billion US Dollars in 1,050 hectares of GSX-owned mining claims. The $40 billion estimate means that the assets backing GSX will increase by over 570% in 2022. This update put...Read More

STORY: This is the moment wildcat gold-miners in Bolivia threw stones at Senator Cecilia Requena as she visited a tiny settlement along the Beni River in the north, a hotspot for the illegal practice. Tensions are rising in the country's Amazon between small-scale prospectors and local indigenous groups over a boom in unregulated gold-mining, driving a surge in imports of mercury used to extr...Read More

Attackers raided the Karma industrial gold mine in northern Burkina Faso in the early hours of Thursday morning, killing one soldier and one mine employee, the company said.Read full newsRead More

Russian oligarch Yevgeny Prigozhin, also known asRead full newsRead More

Figure 1 Royal Visit at Selinsing Gold Mine Figure 2 Selinsing Employees with the Prince and Government Officials Figure 3 Selinsing Process Manager Azman bin Taib giving the Prince an overview of the processing plan Figure 4 The Chief Minister with the Prince Holding Gold Bar VANCOUVER, British Columbia, June 03, 2022 (GLOBE NEWSWIRE) -- Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) "Monumen...Read More

BOISE, Idaho - Perpetua Resources Corp. has announced that IMCO Construction has been selected as a partner to begin water quality improvements in the historical Stibnite mining district in centralRead full newsRead More

Carnival Corporation & plc (NYSE:CUK) concluded the trading at $10.84 on Thursday, June 09 with a fall of -9.44% from its closing price on previous day. Taking a look at stock we notice that its last check on previous day was $11.97 and 5Y monthly beta was reading 2.08 with its price kept floatRead full newsRead More

Russian oligarch Yevgeny Prigozhin, also known asRead full newsRead More

Figure 1 Royal Visit at Selinsing Gold Mine Figure 2 Selinsing Employees with the Prince and Government Officials Figure 3 Selinsing Process Manager Azman bin Taib giving the Prince an overview of the processing plan Figure 4 The Chief Minister with the Prince Holding Gold Bar VANCOUVER, British Columbia, June 03, 2022 (GLOBE NEWSWIRE) -- Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) "Monumen...Read More

Vancouver, British Columbia, June 02, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE/ FRANKFURT: 1A9/U.S.OTC: ASGOF) ("Asante" or theRead full newsRead More

(IDEX Online) - At least FORTY diamond miners are feared dead after a mine collapsed in Democratic Republic of Congo (DRC), according to the country's minister of the interior.The artisanal workers were in underground shafts in Samba, near the city of Tshikapa, in the southwestern region of Kasai.Initial reports after the mine collapse on Tuesday (7 June) indicate there were six fatalities. T...Read More

BOISE, Idaho - Perpetua Resources Corp. has announced that IMCO Construction has been selected as a partner to begin water quality improvements in the historical Stibnite mining district in centralRead full newsRead More