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

Share this article VANCOUVER - Interra Copper Corp. [IMCX-CSE; IMIMF-OTCQB; 3MX-FSE] has completed its maiden diamond drilling program on its 206 km2 Thane property in north-central British Columbia on traditional territory of the Takla and Tsay Keh Dene first nations. The program comprised a total of 2,774 metres in 12 holes.The company expanded its planned program targeting cathedral zone by fo...Read More

(IDEX Online) - Brilliant Earth, the US-based "ethical jeweler", is going public with an IPO initially set at $100m, it announced on Monday.It follows a leap in sales of almost 45 percent, to $163m in the first half of this year.The digital-first company was founded by Beth Gerstein and Eric Grossberg in San Francisco in 2005.Gerstein had failed to find ethically-produced engagement ring. She and...Read More

(IDEX Online) - There was a raft of price rises among low-clarity 3.00-3.99 ct rounds and clusters of drops in some smaller goods during August. Little movement for fancies. Price drops dominate in round goods under 0.90-ct but there are some significant rises among larger stones. The most notable is in 3.00-3.99 ct, where there were price rises among virtually all goods F-N / I1-I3. T...Read More

The company extended a credit facility with senior project lender KfW IPEX-Bank to September 30 and is in discussions regarding a longer-term extension into 2023.Read More

Ontario is a world-class destination for the mining industry. Here's a list of eight companies with interesting projects to follow.AURCREST GOLDAurCrest Gold (TSXV: AGO; US-OTC: TBMIF) is one of the few exploration companies with Indigenous ownership and leadership. President and CEO Christopher C.J. Angeconeb is a member of the Lac Seul First Nation, which also holds an equity stake in the compan...Read More

Quebec graphite developer Nouveau Monde Graphite (TSXV: NOU) has joined the Global Battery Alliance, an initiative of the World Economic Forum that aims to establish a circular and sustainable battery value chain - a key part of the transition to a lower-carbon economy.The organization has around 70 members, including NGOs, government groups and international organizations, battery manufacturers,...Read More

Iamgold (TSX: IMG; NYSE: IAG) has suspended convoys to and from its Essakane gold mine in Burkina Faso near the border with Niger, after gunmen attacked a convoy travelling to the operation today. The company said no passengers were hurt. One police officer was injured while the convoy's security repelled the gunfire, but he's in a stable condition, the Toronto-based miner said. Militant violenc...Read More

A group of rare earth industry players have sent a letter to the U.S. Congress urging lawmakers to pass bipartisan legislation to incentivize the domestic manufacturing of permanent rare earth magnets.NioCorp Developments (TSX: N.B.; US-OTC: NIOBF) participated in the lobbying, urging leaders in the U.S. House of Representatives to support bill HR 5033, co-sponsored by Representatives Eric Swalwel...Read More

Centerra Gold (TSX: CG) says there is at least 40 meters of water at the bottom of its seized Kumtor gold mine in Kyrgyzstan and "abnormally" large amounts running down the pit walls, which could lead to catastrophic events. The Toronto-based miner said that in the three months the former Soviet nation has been running the mine, the pit has flooded with more water than they have ever seen...Read More

Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDThe government wants water usage from continental sources such as glaciers, rivers and lakes to be cut to 10% of the total by 2030 and 5% by 2050 from...Read More

The canine days are ended... and today is the initial day of September.Here in Annapolis, summer's hell fever has broken - for the day at least. Rain and storms blew through. And a sharp, refrigerating wind steals in from the bay.The weatherman projects clearing and cooling conditions to the 10-day horizon. We hope he is correct.But no more seasonal reflections. Our beat is money. And markets. To...Read More

For the past several years, I have been slowly building up a physical gold position. But in the past several months I haven't bought any physical bullion.No coins. No bars. Nothing.That's simply because, since the beginning of the COVID pandemic, prices and (especially) premiums on gold bullion have been quite high. So I've been holding off on acquiring any more.However, following the flash crash...Read More

Empress Royalty Corp. is pleased to announce that it has enteredRead full newsRead More

The indices closed up 0.4% and 0.9% respectively to 4,528.79 and 15,265.89 points.In Toronto, shares in takeover target Noront Resources (TSXV: NOT) shot up 28.3% to a fresh high of C77c on a new bid from Andrew Forrest's Wyloo Metals.Wyloo is now offering 70c per share, a 27% premium to BHP's 55c offer, which Noront had recommended over Wyloo's initial bid of 31.5c made in May.Noront is yet to re...Read More

In May, the company made a 35c per share proposal, which was conditional on an independent valuation of Noront.Read More

FMG has previously stopped short of setting scope 3 emissions targets, arguing that it can't control the actions of its customers.Read More

(IDEX Online) - American rapper and actress Cardi B was weighed down with carats when she appeared on stage with an estimated $2.5m of bling.The 28-year-old wore dozens of dazzling high-end pieces for her performance at the annual Summer Jam hip-hop and R&B fest at the MetLife Stadium, New York.The most valuable single item was a 20-carat heart-shaped diamond ring from her husband Offset, also...Read More

(IDEX Online) - Alrosa is set to pay out record dividends to shareholders this year after a swift recovery from the pandemic.The Russian miner is proposing an allocation of RUB 64.7bn ($880m) for H1 2021, equal to its entire free cash flow.It says it expects an even higher allocation in H2, which could bring the annual total for 2021 to as much as RUB 135bn ($1.84bn).The H2 2020 dividends amounted...Read More

(IDEX Online) - Bluerock's largest ever rough gem from its Kareevlei mine in South Africa has sold for $585,000.The 58.6-carat stone is a D-color makeable (pictured) - colorless but with spotted black sulphide intrusions.The London-based AIM-listed miner also sold a 21.6-carat stone for $268,000. A 14.3-carat stone fetched $236,000 - setting a company record this year at $16,500 per carat.The...Read More

Revenue jumped 24% to a record A$813 million as a result of the sale of 65,698 tonnes of copper and 37,394 ounces of gold. Operating cashflow rose from $273.6 million in FY20 to $471.Read More