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) - An associate of fugitive jeweler Nirav Modi was due to appear at a court in India today, after he was reportedly deported from Egypt.Subhash Shankar Parab, 50, is accused, along with Modi, of involvement in the $1.85bn fraud against the Punjab National Bank (PNB) in 2018.Officials sources suggest he may "spill the beans" and reveal much more about the case, according to multiple me...Read More

(IDEX Online) - Businesses in the US must cease all dealings with Alrosa, says the Jewelers Vigilance Committee (JVC), including any memo/consignment agreements.It issued updated guidance to members following the US Treasury Department's announcement on 7 April of further restrictions on the miner, which is one-third owned by the Russian government.Alrosa is now on its Specially Designated Na...Read More

The Q1 production record stood at 55,602 tonnes of copper in concentrate and, as previously announced, Ivanhoe expected to hit the upper end of its 2022 copper production guidance of 290,000-340,000t. First ore was introduced on March 21 to the milling circuit of the phase-two 3.8-million-tonne-per year concentrator plant, which Ivanhoe said was four months ahead of the original development s...Read More

Barrick Gold (TSX: ABX; NYSE: Gold) aims to start producing copper and gold from its Reko Diq project in Pakistan's Balochistan province in 2027, the company's CEO Mark Bristow said at a conference call on Tuesday. The project, which was suspended in 2011 due to a dispute over the legality of its licencing process, is expected to have an initial capital cost of about US$7 billion - according to...Read More

Having recently optioned the former Gasp?(C) copper mine from Glencore Canada, Osisko Metals (TSXV: OM; OTC: OMZNF) is ready to begin drilling on the property this week, focusing on the re-evaluation of copper mineralization near the past-producing Mount Copper open pit.The drill campaign will be divided into two phases: Phase 1 (10,000 metres) is primarily designed to evaluate extent of near-su...Read More

Having recently completed its environmental assessment (EA) process with the government of Newfoundland and Labrador, Marathon Gold (TSX: MOZ) says the federal EA for its Valentine project is also approaching a ministerial decision.Site-specific permitting pertaining to provincial jurisdiction, including acquisition of mining lease, has already commenced. Concurrently, Marathon has been notified...Read More

Western Australia-focused gold producer Novo Resources (TSX: NVO; OTC: NSRPF) has agreed to sell its entire stake in New Found Gold, consisting of 15 million shares or about 9% of NFG's share capital, to a corporation controlled by Canadian mining investor Eric Sprott. Pursuant to arm's-length negotiations, Novo will receive total consideration of $125.9 million, representing a 9.3% premium to NFG...Read More

Zeb Nickel (TSXV: ZBNI; US-OTC: ZBNIF) has discovered a new gold zone at its at its namesake nickel project located in Limpopo, South Africa. Two out of the eight drill holes from its recently completed program intersected high-grade gold, the company said. The gold zone is located adjacent to and beneath the nickel and platinum group element (PGE) mineralized zones of its flagship project....Read More

Miner and commodities trader Glencore (LON: GLEN) has inked a multi-year agreement with General Motors (NYSE: GM) to provide the automaker with cobalt from its Murrin Murrin operation in Australia.The U.S. car producer has committed to making all-electric vehicles by the end of the decade, setting the goal of having 30 new EVs models, equivalent to 1 million electric cars, in the market by 2025."...Read More

This week's episode features Ana Gabriela Juarez, president of CTA Environmental Consultants and founder of WIM Central America. Ana discusses her work as the president of an environmental consultancy focused on mining, as well as the challenges women face in the mining industry, particularly in South America. She also describes some of the educational initiatives WIM Central America has undertake...Read More

Assume - for the moment - that yours is the standard American household. How much money did inflation steal from you in March?The answer, the distressing answer, shortly. First the news...March inflation data came issuing this morning. They represented the greatest annual inflationary jump since December 1981 - an 8.5% escalation.The New York Post gives the particulars:Labor Department officials s...Read More

TSX-listed Thor Explorations' operations at the Segilola gold mine, in Nigeria, performed in line with forecasts for the first quarter of this year and remains on track to meet full-year guidance of between 80 000 oz and 100 000 oz. A throughput of 221 920 t with an average head grade of 3.18 g/t gold, and an overall recovery rate of 94.1%, resulted in gold production of 21 343 oz for the quar...Read More

By Jaime Llinares Taboada Caracal Gold PLC said Monday that its pilot processing plant at the Kilimapesa mine in Kenya has achieved first gold production...Read full newsRead More

Pure Gold Mining (OTCMKTS:LRTNF - Get Rating) had its price objective reduced by Desjardins from C$1.20 to C$0.70 in a research report report published on Friday morning, The Fly reports. Other research analysts have also issued research reports about the company. Stifel Nicolaus raised Pure Gold Mining from a hold rating to a buy rating [...]Read full newsRead More

Pure Gold Mining (OTCMKTS:LRTNF - Get Rating) had its target price cut by Desjardins from C$1.20 to C$0.70 in a research report sent to investors on Friday morning, The Fly reports. A number of other analysts have also weighed in on the stock. Stifel Europe lowered their price objective on shares of Pure Gold Mining [...]Read full newsRead More

Vancouver, British Columbia--(Newsfile Corp. - April 11, 2022) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) (Read full newsRead More

WHITEHORSE, Yukon, April 07, 2022 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) ("Victoria" or the "Company") produced 24,358 ounces of gold during the first quarter of 2022. Mr. John McConnell, President and CEO commented, "During the first quarter, we successfully completed a six-week winter maintenance program and resumed stacking ore on the heap leach pad. As we head into spring, stacking...Read More

VANCOUVER, British Columbia, April 06, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | FRANKFURT:1A9 | U.S.OTC:ASGOF) ("Asante" or the "Company") is pleased to announce that it has entered into an Exclusivity Agreement with Kinross Gold Corporation to negotiate the potential purchase of all of their interests in Ghana ("Kinross Ghana"), including its 90% interest in the Chirano Gold Mi...Read More

To the Editor: Modern open pit gold mining of low grade ore is one of the most polluting mining activities there is. Recent studies have documented that more than 70 to 90% of major gold mines that are near underground or surface water cause contamination of that water. Many open pit gold mines excavate 8 [...]Read full newsRead More

WHITEHORSE, Yukon, April 07, 2022 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) ("Victoria" or the "Company") produced 24,358 ounces of gold during the first quarter of 2022. Mr. John McConnell, President and CEO commented, "During the first quarter, we successfully completed a six-week winter maintenance program and resumed stacking ore on the heap leach pad. As we head into spring, stacking...Read More