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

In a recent research paper, a team at the University of Exeter presents new insights into how to discover porphyry-type copper deposits.In the study, the group proposes that certain textures preserved in rock may be indicative of the types of physical processes that form these deposits and may give an early indication of their location. According to the scientists, previous understanding of such...Read More

Picture this: A new restaurant recently opened in your neighborhood.The new restaurant publishes an advertisement in a local newspaper promising fresh turtle soup.The ad says the owner has just received a fresh supply of green sea turtles.And he will be killing one of these sea turtles every day to make into a soup - which he will have ready for you to purchase by 11:00 a.m.Of course this would be...Read More

As widely expected, the Fed raised its target rate today, its first rate hike since December 2018. As you may recall, that hike crashed the stock market in what became known as the Christmas Eve Massacre.Today's hike was only 25 basis points, not the 50-point hike some were predicting prior to the Russian invasion of Ukraine. In a sense, Putin took the pressure off Jay Powell to make a bolder move...Read More

Share this article VANCOUVER - Power Nickel Inc. [PNPN-TSXV, CMETF-OTCQB] shares rallied Tuesday after the company released drilling results from its Nisk nickel sulphate project near James Bay, Quebec"The results showcase Nisk's potential to have a commercial high-grade nickel sulphate deposit,'' said Power Nickel CEO Terry Lynch. "Our objectives in this initial drill program conducted by Powe...Read More

Olympus covers an area of 1.25km by 750m to date and there are more than 50 historical and current artisanal mines identified within the Olympus target.Read More

Results from 71 holes from the 2021 resource expansion and infill drilling program revealed significant, new gold mineralisation along strike and at depth in multiple zones of the former Monique openRead 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 copperThe first two years of production could yield 244,000oz at AISC of $545/oz.A post-tax net present valu...Read More

Hycroft intends to use the proceeds for the repayment, refinancing, redemption or repurchase of existing indebtedness, and advancing its Hycroft gold and silver deposit in Nevada, USA towards aRead 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 copperAISC costs increased 14% to US$1,042 an ounce in the fourth quarter of last year from US$912 an ounce...Read More

A planned 3,500-meter spring surface exploration drill program has started, with a focus on targeting the interface between the planned open pit and the down plunge zone at Umwelt, the firm said in aRead More

Via the website https://www.opencodelco.cl/ the company details patents it holds related to underground mining, crushing and preconcentration, electrowinning, pyrometallurgy and flotation.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 copperBoth miners have acquired minority stakes in SolGold which controls the enormous Cascabel copper-gold...Read More

(IDEX Online) - US sanctions on importing rough diamonds from Russia do not apply to stones mined there but cut and polished elsewhere, according to the Jewelers Vigilance Committee (JVC).The ban, announced last Friday, covers "unworked or simply sawn, cleaved or bruted" diamonds, or what generally referred to as "rough diamonds", but does not extend to gems polished in other countries.The Office...Read More

(IDEX Online) -  De Beers issued a brief statement following the imposition of US sanctions on Alrosa, its biggest rival, assuring retailers they could buy from them "with confidence".The UK-based miner gave assurances that all its diamonds were from Botswana, Canada, Namibia or South Africa.An executive order announced by US president Joe Biden last Friday prohibits the importation of rough...Read More

Measured and indicated contained copper at Carmacks was increased by 43% from its last previous resource estimate issued in 2018.Read More

Probe Metals (TSXV: PRB; US-OTC: PROBF) has released additional results from last year's drill program at the Monique property, part of the company's district-scale Val d'Or East project in Quebec.These included 71 holes from the 2021 resource expansion and infill drill program, which revealed new gold mineralization along strike and at depth to the east, southeast and south of the former Monique...Read More

The London Metal Exchange (LME) will resume trading nickel contracts at 08:00 London Time on March 16, the exchange announced, and it will set daily price limits in either direction for all base metals. The LME was forced to cancel nickel trading on March 8 following an abnormal 250% price spike triggered by Western sanctions against Russia that pushed the price of the metal above a record US$1...Read More

Power Nickel (TSXV: PNPN; US-OTC: CMETF) has announced drill results from its Nisk nickel sulphate project near James Bay in Quebec, which the company expects to become one of the "greenest ESG mines" in the future. The drill results have "confirmed" the presence of "high-grade nickel mineralization" in the central portion of the Nisk Main zone, the company said. Highlights from the drill re...Read More

Stuhini Exploration (TSXV: STU) has completed a pit-constrained mineral resource estimate for the Ruby Creek molybdenum deposit located 35 kilometres east of Atlin in British Columbia. The resource estimate was undertaken by Mine Development Associates (MDA), a division of RESPEC, and according to its calculations, Ruby Creek contains pit-constrained measured and indicated resources of 432.99 mil...Read More

Operations at Southern Copper's Cuajone mine in Peru have been suspended for 15 days as locals continue to block the company's access to a water reservoir and other key supplies, the country's mining and energy industry body has revealed.The blockade began on February 28, when Southern Copper made the decision to replace a 50-year-old water pipe that supplies nearby communities.According to Raul J...Read More