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

The economy is now at a perilous point of departure. There was no V-shaped recovery, and one should not be expected. There was a severe contraction in March-April 2020, followed by a recovery in July-September 2020. However, the recovery only made up part of the lost ground, not all of it.We had a partial V or a truncated V. The economy recovered somewhat, but growth is not back to the prior trend...Read More

Flat gold prices can be just as good for us as gold prices that keep creeping up.I feel dumb just typing that, but I'm pretty sure we're seeing that now, and we haven't seen the likes of it in decades.If that doesn't make sense, we'll get to it shortly.We all love a rapid march upwards, buoyed by nothing but good news. That was never a real possibility for gold miners up until the last couple year...Read More

The policy shift deals a serious blow to a project that has been in the works for more than a decade and would have transformed southwest Alaska's landscape.Read full newsRead More

Bona prospect on the Treasure Shear returns 4.43 gpt gold over 8.Read full newsRead More

The policy shift deals a serious blow to a project that has been in the works for more than a decade and would have transformed southwest Alaska's landscape.Read full newsRead More

The Environmental Protection Agency will restore protections for Alaska's Bristol Bay, per a court filing Thursday, a move that will block the construction of a controversial gold and copper mine in the region, the Washington Post reports.Why it matters: The policy shift, which comes in response to a lawsuit filed by natives of the area, will halt the near decade-long project that would have...Read More

"Recall, we've also now seen a run of five consecutive down days for the S&P 500 and Dow, and a run of six down days is something of a rarity," Pepperstone head of research Chris Weston noted this morning.The uranium price continues to climb, sending uranium equities higher.The spot price is US$42.40 per pound, its highest point since 2014.In Toronto, producer Cameco closed 6.79% higher, while...Read More

"These reasons include a likely shift to less tight policies in China, an expected seasonal uptick in demand, an easing of lockdowns in China and elsewhere, and ongoing supply constraints for almost everything in mining," analyst Christopher LaFemina said in a note on Friday."Our China team expects a recovery in Chinese economic activity in 4Q on the back of what could be improving credit conditio...Read More

Share this article VANCOUVER - Victoria Gold Corp. [VGCX-TSX] said its flagship Eagle Gold Mine in the Canadian Yukon produced a record 20,744 ounces of gold during the month of August, 2021, marking a 65% increase compared to the same period last year.Victoria Gold shares advanced on the news, rising 5.0% or 76 cents to $16.41 on volume of 115.400. The shares are trading in a 52-week range of...Read More

(IDEX Online) - Rough gems recovered by small-scale miners in India's Panna district are to be auctioned by the local diamond office.A total of 139 stones, weighing 156.46 carats, will be sold later this month (21 September) and are expected to fetch approximately $144,000.Miners, many working part-time alongside farming or laboring jobs, pay $2.70 for the rights to dig a 25ft square patch in...Read More

(IDEX Online) - An armed robber walked into a New York jewelry store, fired a shot above the counter and ordered staff to fill his shopping bag with gems.He fled with jewelry worth over $100,000, said police, in the raid on Prince Street Jewelers at City Point Mall in Downtown Brooklyn.CCTV shows the hooded perpetrator - wearing dark glasses and a Covid mask - gesturing to employees to place items...Read More

(IDEX Online) - Burgundy, new owner of the Ellendale Mine, in Australia, has bought its first batch of third-party diamonds for in-house cutting and polishing.The Perth-based company announced in June that it was opening a manufacturing facility for yellow diamonds from Ellendale - due to re-open next year - and for diamonds from other sources.It bought a small number of large fancy vivid and fanc...Read More

Midnight Sun says Rio earn-in speaks for Solwezi qualitySPONSOREDmidnight sun miningFuture remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resources"The distribution of water can create difficulties for farmers and other users of any basin in times of great...Read More

Midnight Sun says Rio earn-in speaks for Solwezi qualitySPONSOREDmidnight sun miningFuture remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe filing came the same day the company released a preliminary economic assessment foreshadowing expansion o...Read More

The global metals and mining industry outlook has changed from 'positive' to 'stable' with a new Moody's Investors Service report finding that despite most metals prices exceeding historical marks, that doesn't mean they will improve from current levels.The high current price levels are expected to fade through 2022 despite expected high overall demand for metals and mining throughout the period.I...Read More

Artemis Gold (TSXV: ARTG; US-OTC: ARGTF) has released a feasibility study for its Blackwater gold project, 150 km southwest of Prince George, B.C.The numbers give it a net present value at a 5% discount rate of $2.15 billion after taxes, and a post-tax internal rate of return of 32%.In the first five years of operation, Blackwater will produce 321,000 oz. of gold annually at an all-in sustaining c...Read More

SSR Mining (TSX: SSRM; NASDAQ: SSR; ASX: SSR) says it is drilling excellent grades and long intercepts at its Seabee gold operation, 125 km northeast of La Ronge, Saskatchewan. The project consists of the Santoy gold mine and Seabee processing plant 15 km away by road.The Gap hanging wall (GHW) is being drilled from underground drives at the Santoy mine. Hole SUG-20-920 returned 6.9 metres grading...Read More

In less than 18 months from drilling the discovery hole, Rupert Resources (TSXV: RUP) has released its first resource estimate on the Ikkari gold deposit, part of its Rupert Lapland project in northern Finland.The junior explorer says Ikkari has inferred resources of 49 million tonnes grading 2.5 grams gold per tonne for 3.95 million oz. of contained gold. The estimate included open pit and underg...Read More

Horizonte Minerals (TSX: HZM; LSE: HZM) has nailed down US$146.2 million from export credit agencies in Denmark and Finland to partly fund construction of its 100%-owned Araguaia ferro-nickel project in Brazil.The funds guaranteed by Denmark's Export Credit Agency (EKF) and Finnvera, Finland's Export Credit Agency, will be the first tranche of a senior debt facility. (The terms were not disclosed....Read More

"Here we go again," said Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) president and CEO Ron Thiessen in reaction to the news last week that the Biden administration will reconsider pre-emptively vetoing the company's flagship Pebble copper-gold mine in Alaska.It was "unfortunate that politics continues to interfere with scientific evidence," said Thiessen in a September 10 statement."Under Pres...Read More