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

Anglo-Australian miner Rio Tinto announced on Wednesday a $7.5 billion plan to reduce carbon emissions by 50% by 2030, a reduction three times greater than its previous target, but shares fell as investors reacted to the higher spend.Read full newsRead More

Major economies will produce more than double the amount of coal, oil and gas in 2030 than is consistent with meeting climate goals set in the 2015 Paris accord to curb global warming, the United Nations and researchers said on Wednesday.Read full newsRead More

It closed at $10,487.50/t, returning towards the price for three-month copper, which was down 0.46% to $10,149.50/t."We expect volatility to remain in the near term given such market uncertainty - think low stocks, uncertain delivery times thanks to shipping and other logistical issues," Marex's Al Munro said from the LME desk.Nickel has climbed further above $20,000 per tonne, with cash nickel up...Read More

The study, completed using a US$100 per tonne price, suggests the current 10.4Mt grading 60.4% inferred resource can be recovered from multiple open pits within eight years, assuming a 1.Read More

Share this article VANCOUVER - Valore Metals Corp. [VO-TSXV; KVLQF-OTC] provided an update on 2021 drilling from the Santo Amaro target at the 100%-owned Pedra Branca platinum group element project in northeastern Brazil."Two thousand twenty-one drilling at Santo Amaro has greatly advanced the interpreted geological model for the resource-associated ultramafic package, allowing for more targeted...Read More

Share this article VANCOUVER - Erdene Resource Development Corp. [ERD-TSX; ERDCF-OTC; Mongolia] reported assay results from four holes in the South Ulaan gold discovery expansion drill program in Mongolia. Today's results confirm thick sequences of high-grade gold mineralization continue west of the initial discovery.Drilling expands mineralization at South Ulaan to the west, with multiple thick...Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadership3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsLiberty began a 15,000m drilling programme in June focused on resource conversion from inferred to measured and indicated. Highlights...Read More

Cordero now hosts a sulphide measured and indicated resource of 541 million tonnes grading 20 grams per tonne silver, 0.06g/t gold, 0.29% lead and 0.Read More

The company has reported a new discovery at its Van target, with the first two drill holes returning higher grades than at its nearby Baptise deposit.Read More

Noront this week recommended a 70c per share bid from Andrew Forrest's Wyloo Metals, but BHP had five business days to match the offer. The board of Noront is backing the higher BHP offer.Read More

Look beyond market approach to project valuations: van ZylLeadership3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningIt closed at $10,487.50/t, returning towards the price for three-month copper, which was down 0.46% to $10,149....Read More

(IDEX Online) - De Beers today reported a fourth consecutive month of strong rough sales with proceeds from Sight 8 at $490m (provisional).Demand was driven, in part, by factories stocking up in India ahead of the Diwali two-week shutdown in early November.Sales for Sights 5, 6, 7 and 8 (June to October) have averaged sales of just under $500m, after a dip in May (Sight 4) to $385m.Sales for Sight...Read More

Consolidated production in the September quarter amounted to 295,723oz, up 19% year-on-year as volumes from Fekola in Mali and Otjikoto in Namibia hit record levels.Read More

(IDEX Online) - The De Beers subsidiary Lightbox has started selling its lab grown diamonds loose, to meet the demand for custom-made pieces.Until now they have been available only in ready-made pieces of fashion jewelry.Lightbox CEO Steve Coe said: "Lightbox Loose will open up a world of possibilities for a broad range of consumers to experiment with customization, personalization and creative de...Read More

(IDEX Online) - HRD Antwerp has terminated its collaboration with a diamond grading lab in Turkey, in what it describes as "the end of unhappy marriage".The lab, branded as HRD Istanbul, was set up as a joint venture six years ago. Ellen Joncheere, CEO of HRD Antwerp, (pictured) said the deal with a private management company had now ended."For many years it was like a difficult marriage," sh...Read More

3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesToth will join Newmont effective July 1, 2022, as executive vice president strategic...Read More

3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesThe previous 2030 target, a 15% reduction, should now be reached by 2025, Rio Tinto...Read More

Alongside an otherwise solid set of September quarter production results released on Wednesday, Antofagasta forecast copper production of 660,000-690,000 tonnes for next year, down 7% from 2021Read More

BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has sweetened its all-cash bid for Noront Resources (TSXV: NOT).The world's largest miner is now offering $419.3 million (US$339.10 million) or 75 ? per share for the Canadian company, representing a 36% premium to its previous offer and a 7% premium to rival Wyloo Metals' offer."Noront supports BHP's improved offer and recommends shareholders tender now to rece...Read More

Shares of Bear Creek Mining (TSXV: BCM; US-OTC: BCEKF) surged on news that Peru's new president, Pedro Castillo, and representatives of local communities, support the Corani silver-lead-zinc project.During a meeting at the presidential palace on Oct. 15, representatives from towns and villages in the Corani district "formally and unequivocally expressed their support for Bear Creek Mining's develo...Read More