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

Glencore (LSE: GLEN) will sell its Australian CSA copper mine in New South Wales to Metals Acquisition (NYSE: MTAL.U) for US$1 billion in cash, a US$50-million equity stake in the company and a 1.5% net smelter return life of mine. In 2021, the mine produced 41,000 tonnes of payable copper and 459,000 oz. of payable silver. It is expected to produce more than 40,000 tonnes in 2022 with a...Read More

Nearly three weeks into Russia's invasion of Ukraine, many questions about the conflict are still being debated. Could the West have prevented the crisis? Will the unprecedented level of sanctions levelled against Russia - which Russian President Vladimir Putin has referred to as "economic war" - stop the bloodshed? Will the commodities price shock cause a global recession or a period of stagflati...Read More

The $811 million tax bill, including interest and penalties saw the company arrange a payment plan with the Sunat tax authority, take bank guarantees and raise $500 million via a bond issue in JulyRead More

Two ships sunk over 25 years apart. What binds them together? Two things.First, the sinking of the ships changed the trajectory of the U.S. towards joining the World Wars.A very similar thing could very well pull the U.S. past the point of no return soon, into another major war in Europe.The second similarity is what they were doing. One was carrying munitions, the other escorting them.Here are th...Read More

A Russian anti-war protester - bearing a message in two languages - recently streaked across a Moscow newsroom:This woman in question had evidently labored for the very same "news" organization. The United States media instantly shrieked with glee...What a heroic soul, they gushed. She has defied Mr. Putin before the world's watching eyes. Solzhenitsyn himself had nothing on her.In a pre-recorded...Read More

The Paris-based IEA, a watchdog which represents the interests of leading oil and gas producers including the US, warned today that the prospect of large scale disruptions to Russian oil productionRead More

Look beyond market approach to project valuations: van ZylLeadershipMining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining The Paris-based IEA, a watchdog which represents the interests of leading oil and gas producers includin...Read More

Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Ero Copper touts green focus and shareholder returnsSPONSOREDero copperThis facility centres on a US$200 million commercial tranche with BNP Paribas, ING, Natixis and Soci&e...Read More

Centamin, which owns the massive Sukari gole mine in Egypt, reported a pretax profit of $153.6 million in 2021, down 51% from 2020. The lower profits were down to falling gold output, down by 8.Read More

The maiden estimate at Sunbird predicts 350,000 ounces at 3.16 grammes per tonne of gold.Read More

(IDEX Online) - Sarine is utilizing its scanning and mapping technologies to provide accurate dollar valuations of rough diamonds in terms of their polished potentialIt is harnessing digital data from its existing Galaxy, DiaExpert and Advisor products The company says this information will provide the finance sector with the confidence to extend to working capital for a polishing operation,s...Read More

(IDEX Online) - The Kimberley Process is urging Russia to immediately ends its war in Ukraine. In a strongly-worded statement the Kimberley Process Civil Society Coalition (KP CSC) also called on governments and the diamond industry to make sure that diamonds from Russia do not finance the conflict. The coalition also urges KP chair Botswana to call a special plenary meeting to that end. It says i...Read More

(IDEX Online) - Indian jewelry chain Titan Co has bought a $20m stake in the US lab grown retailer Great Heights.In a separate move it also announced plans to open around 20 stores in the next three years outside India, including the US.Titan bought a 17.5 per cent stake in Delaware-based Great Heights Inc, which sells lab grown jewelry through its Clean Origin brand.  It reported gross reven...Read More

(IDEX Online) - New sanctions by the European Union ban the export of diamonds and any other luxury goods to Russia with a value over $330.The move, announced yesterday in response to Russia's ongoing invasion of Ukraine, covers the sale precious stones, crystal, caviar, wine, handbags, leather products, shoes and coats.However the 27-nation EU did not follow the US's lead in banning the...Read More

(IDEX Online) - Gold coins minted in Australia have been set with 78 pink diamonds from the iconic Argyle mine.The limited edition of just eight are legal tender, with a nominal value of AUD 2,500, but are being sold to collectors for AUD 262,800 (US$190,000).The coins (pictured), named The Jewelled Koi, are set with 80 white diamonds, as well as the Argyle pinks, and contain 10oz of gold.They hav...Read More

Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Ero Copper touts green focus and shareholder returnsSPONSOREDero copperAccording to the latest 'Industry Monitor' report from S&P Global Market Intelligence (SPGMI), tot...Read More

Rupert Resources (TSXV: RUP) has announced new drill results from its Ikkari gold deposit and Heina South property, both part of its 100%-owned Rupert Lapland project in Northern Finland. Drill highlights from Ikkari included 110 metres grading 5.1 grams gold per tonne starting from 185 metres in drillhole 121169, and 163.3 metres grading 3.6 grams gold starting from 18.7 metres in drillhole 1211...Read More

Goliath Resources (TSXV: GOT; OTC: GOTRF) has closed the second and final tranche of its recently upsized private placement of flow-through units. A total of $778,400 was raised in this tranche, bringing the total financing proceeds to just under $14.61 million. The placement was originally arranged for $11 million.As previously announced, the financing involved the participation of strategic and...Read More

Osisko Mining (OSK: TSX) has announced new drill results from the high-grade Lynx zone at its 100%-owned Windfall gold project in the Eeyou Istchee James Bay region of Quebec. Highlights of expansion drilling results from outside the current Lynx resource included 5.4 metres grading 187 grams gold per tonne starting from 1,004.6 metres in drillhole OSK-W-21-2601-W1; 5.6 metres grading 23.9 grams...Read More

I live high on a cliff, within sight of two extremes of evolution, both rare. One is a set of dinosaur footprints on the foreshore of the Bristol Channel, and the other is a nuclear power station under construction across the water in Somerset. The footprints are properly old, being left in Triassic mudstones by one of the first Sauropods perhaps 210 million years ago (I find it helpful to visu...Read More