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) - A British jeweler is crafting engagement rings for car-mad couples - made with precious metals from catalytic converters and inspired by the designs of favorite makes and models.Edward Fleming, from London, has so far created rings that pay tribute to the Mini Cooper, the Lamborghini Huracan supercar and the more modest Ford Fiesta.It's a partnership with the UK website Scrap...Read More

(IDEX Online) - Botswana Diamonds has taken control of the Thorny River diamond project in South Africa.The UK-based exploration company exercised its pre-emptive right to acquire outstanding third-party interests in Vutomi Mining, which holds mineral rights for the project.It then sold just over a quarter of the shares to Baroville, a local South African group, to ensure compliance with black emp...Read More

A syndicate of five international financial institutions have approved a senior secured project finance facility of up to US$346.2 million for Horizonte Minerals (TSX: HZM; LSE: HZM) to fund the development and construction of the company's Araguaia ferro-nickel project in Brazil.The syndicate of lenders is made up of BNP Paribas Securities; ING Capital LLC; Natixis, New York Branch; Societe Gener...Read More

The rapid onset of the green energy revolution could be stunted by pervasive structural issues in the finance sector spilling over to mining. It hinders capital formation, especially for junior mineral explorers, CPM Group managing partner Jeffrey Christian recently told The Northern Miner's Global Mining Symposium.Chief among the issues constraining capital formation is a lack of enthusiasm among...Read More

Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) says that after the first phase of concentrator construction, the facility is exceeding designed throughput rates, treating 320,000 tonnes of mineralized material in the month ending September 20. Design capacity is 315,000 tonnes per month with a head grade of 6% copper.Copper production for the month was a record 16,010 tonnes.The company says the phase on...Read More

Emerging Australian lithium producer Sayona Mining (TSX: SYA; US-OTC: SYAXF) has agreed to acquire control of the Moblan lithium project in the Eeyou-Istchee James Bay region of northern Quebec.Sayona is acquiring Lithium Royalty Corp.'s right to purchase the 60% interest in the project held by Guo Ao Lithium. Sayona will acquire that interest for US$86.5 million. SOQUEM holds the remaining 40% an...Read More

Albemarle (NYSE: ALB), the world's top lithium producer, says it will buy China-based Guangxi Tianyuan New Energy Materials for about US$200 million, as part of its plans to boost lithium conversion capacity. Tianyuan, a lithium converter founded in 2017, owns a recently constructed lithium processing plant close to the port of Qinzhou in Guangxi. The facility has a designed annual...Read More

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is challenging the findings of an independent review into US$1.4 billion in cost overruns and delays at the Oyu Tolgoi mine in Mongolia, restating the project's troubles were caused by unpredictable geology issues. The Independent Consulting Group's (IGG) report concluded last month that poor management was the main reason the mine's undergr...Read More

Future remains golden for Rox ResourcesSPONSOREDrox resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesDeveloping Canada's Premier Copper-Gold MineSPONSOREDFirefly shines as new era loomsSPONSOREDfirefly resourcesThe board of rare earth minerals explorer RareX has adopted the World Economic Forum (WEF) guidelines for ESG reporting, as discussed in last week's From the Capital&nbs...Read More

CNBC gives the news:Congress was poised to prevent a government shutdown Thursday with hours to go before a midnight deadline.The Senate and House both passed a short-term appropriations bill that would keep the government running through Dec. 3. The U.S. will avoid a lapse in funding once President Joe Biden signs it into law.The Senate approved the legislation in a 65-35 vote, as 15 Republicans...Read More

Canada's youngest senior gold producer, B2Gold (TSX: BTO; US-OTC: BTG), expects to report robust operating and financial metrics for the second half of 2021, the company's VP for investor relations, Ian McLean, recently told The Northern Miner's Global Mining Symposium.B2Gold started the year on a solid footing, outperforming guidance. McLean recapped key consolidated figures for the first six mon...Read More

Food shortages, lines for fuel that can't be found, cold and unpowered houses, and grave rumblings of a winter without Christmas.It looks like there will be little reprieve for Britain this year.Though the root causes aren't identical, it will be painfully reminiscent of the winter of 1978 to 1979 for many.Lorry drivers were striking, wide swaths of the country were cut off from supplies by the st...Read More

Mining Journals Tom Hoskyns speaks to President and CEO Michael Rowley about Group Ten Metals flagship Stillwater West project.Group Ten Metals (TSX:V: PGE) is a Canadian mineral exploration company focused on the development of its core asset: the Stillwater West PGE-Ni-Cu project adjacent to Sibanye-Stillwater's high-grade PGE mines in Montana, USA.The company sees the potential to become a larg...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 company, which is headed up by Perth-based resource veterans Ian Middlemas and J...Read More

A.I.S. Resources Limited provides an updated report on explorRead full newsRead More

NFL digital video collectibles are finally here. Collect iconic Moments from NFL past and present, featuring the biggest stars to ever hit the gridiron.Read full newsRead More

NFL digital video collectibles are finally here. Collect iconic Moments from NFL past and present, featuring the biggest stars to ever hit the gridiron.Read full newsRead More

Meanwhile Treasury yields rose to the highest point since June, the Wall Street Journal noted, lifted by optimism about the economic outlook and the prospects of tighter monetary policy.Gold subsequently slumped towards US$1,734 an ounce on the spot market.Agnico Eagle Mines (TSX: AEM) closed down 1.2% to C$63.03, remaining near a one-year low, on news it was merging with fellow producer Kirkland...Read More

(IDEX Online) - A ruby and diamond bracelet presented by Britain's King Edward VII to the American socialite Wallis Simpson is to be auctioned by Christie's Geneva.  The estimate is $1.08m to $2.015m.It was a first anniversary gift after he abdicated in 1936 (becoming the Duke of Windsor) and married twice-divorced Simpson (who became the Duchess of Windsor) in a move that rocked th...Read More

(IDEX Online) - Two former employees have appeared in court charged with stealing marine diamonds worth $420,000 from a Debmarine vessel.Emmanuel Shikololo and Rodney Klim, both aged 48, denied theft and conspiracy to steal at the start of their trial at Windhoek High Court, Namibia.They are accused of stealing 453 diamonds, with a total weight of 668 carats between September and November 2011 whi...Read More