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

Russia's war on Ukraine is dividing the global order along fault lines, and Africa risks being caught in the middle, the Investing in Africa Mining Indaba heard this week.Veracity Worldwide CEO Steven Fox told the conference that Russia's invasion of Ukraine had triggered an increased focus on geopolitical factors that had once been the topic of polite conversation among corporate leaders."This is...Read More

The project would yield an after-tax net present value of US$486 million at a 10% discount rate and a 25% internal rate of return with a 2.Read More

Adding 15% means the capital estimate is now $920 million of which the company said it has spent $400 with the project about 50% completed.Read More

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryRegulations surrounding water access and usage are increasing and getting tougher, as well as the concept of personhood appearing on the...Read More

It should be pretty clear that a whole lot of investors want out of the market.Who can blame them? The NASDAQ is getting slaughtered, the Dow and S&P 500 are down about 12% and 15%, respectively, for the year. Meanwhile a broader view of U.S. stocks using the Russell 2000 shows a drop over 20%.It's brutal out there, and with money flowing out over the last five months, it is easy to understand why...Read More

FPX Nickel Corp: We met with the management team of what could be the giant scale nickel resource that North American factories needRead full newsRead More

Patriot (CSE:PMET) now holds the title to 100 per cent of the Corvette Property in Quebec.Read full newsRead More

Chief executive of Tesla and Space-X gives exclusive interview at Future of the Car conferenceRead full newsRead More

VANCOUVER, British Columbia, May 11, 2022 (GLOBE NEWSWIRE) -- Prime Mining Corp. ("Prime", or the "Company") (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt:Read full newsRead More

Artisanal and small scale mining (ASM) is often treated as something of a dirty secret in the mining industry. Artisanal miners often operate without safety procedures or formal training.Read More

Share this articleSASKATOON - Cameco Corp. [CCO-TSX, CCJ-NYSE] has struck a deal to acquire Idemitsu Canada Resources Ltd.'s 7.87% stake in the Cigar Lake uranium joint venture for $107 million. As a result, Cameco's ownership interest in the Cigar Lake mine in northern Saskatchewan will increase by 4.522 percentage points to 54.547%Orano Canada Inc.'s share will rise by 3.53 percentage points to...Read More

In preparation for the development, the company has consolidated full ownership of the project having bought the stakes in the project previously owned by Peruvian miner Buenaventura and Japan'sRead More

The former minnow has been transformed into a A$1.2 billion gold miner in the last two years, first through the US$28.Read More

"Considering the issue of social conflicts we are going to pass a decentralized investment package in mining zones," Graham said at the biennial Gold, Silver and Copper Symposium in Lima organised byRead More

Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsArtisanal and small scale mining (ASM) is often treated as something of a dirty secret in the min...Read More

(IDEX Online) - A small-time farmer in the the central Indian state of Madhya Pradesh recovered an 11.88-carat diamond, which has been valued at $65,000.Pratap Singh Yadav said he'd use proceeds from the sale of the stone to set up a business and pay for his children's education.He struck lucky while digging a small patch of land leased from the authorities in the diamond-rich Panna dist...Read More

(IDEX Online) - Overall prices of fancy color diamonds rose by 1.0 per cent in the last three months, double the increase of the previous quarter.Pinks led the price gains, up by 1.3 per cent, during Q1 2022, according to the Fancy Color Diamond Index (FCDI). Yellows were up 0.7 per cent and blues by 0.1 per cent.The New York-based Fancy Color Research Foundation (FCRF) tracks pricing data for fan...Read More

(IDEX Online) - The average spend on a diamond engagement ring in the US last year was $7,011, up 6.1 per cent on 2020, as couples opted for bigger stones, and more lab growns.The size of the center stone diamond size rose, on average, from 1.20 carats to 1.32 carats.And almost a quarter of couple are choosing a lab grown stone, according to research for BriteCo, an insurance technology company. T...Read More

"In addition to an underlying strengthening of the Brazilian Real during the first quarter, our operating costs faced the same inflationary headwinds experienced globally across all industries," Ero'sRead More

After producing 55,602 tonnes of copper in concentrate in Q1—which compares to 105,884 tonnes for the full year of 2021, Ivanhoe expects to reach the upper end of 2022 copper production guidance of 290,000-340,000 tonnes. This has been aided by the early commissioning of the phase 2 concentrator plant, it said.C1 cash costs, meanwhile, were US$1.21 per pound in the quarter which compares to...Read More