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

Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) is trimming its exploration portfolio in a bid to free up cash to focus on its best targets as it advances development of the giant Cascabel copper-gold project, located 180 km north of the country's capital, Quito. The miner intends to shed ten of the 72 exploration concessions held within its four subsidiaries in the South American country. The...Read More

The trading price of Harmony Gold Mining Company Limited (NYSE:HMY) closed lower on Tuesday, August 31, closing at $3.78, -0.26% lower than its previous close.>> 7 Top Picks for the Post-Pandemic EconomyRead full newsRead More

A mountain of lead is accumulating in China.Read full newsRead More

The trading price of Harmony Gold Mining Company Limited (NYSE:HMY) closed lower on Tuesday, August 31, closing at $3.78, -0.26% lower than its previous close.>> 7 Top Picks for the Post-Pandemic EconomyRead full newsRead More

(IDEX Online) - Zimbabwe's Murowa mine aims to more than double production as it migrates from open pit to underground operations. Owners RioZim plan to invest $400m in the switch, and say the deposit, 450km from the country's capital Harare, should increase ore processing from 190,000 tonnes per month to 500,000. "It's a massive investment that bodes well with the government's...Read More

(IDEX Online) - Diamcor Mining says prices exceeded expectations as it sold just over $1m of rough at three tenders in July and August.The Canadian junior miner acquired Krone-Endor, at the Venetia deposit in South Africa, from De Beers in February 2011, and has a long-term strategic alliance and first right of refusal with Tiffany & Co's Canadian subsidiary.In the three months to Septemb...Read More

(IDEX Online) - Unique specimens of Aquaprase, the world's "newest" gemstone, are being donated to the American Museum of Natural History.The bluish-green chalcedony was discovered in 2013 by veteran gem explorer Yianni Melas at an undisclosed location in Africa, as the first "new" gemstone of the century.New York-based jewelers Le Vian is gifting examples of its own trademarked classificatio...Read More

The company reported a 39% increase in measured, indicated and inferred resources to 308.9 million tonnes at 1.14% lithium oxide, 105 parts per million tantalum pentoxide and 0.Read More

The S&P/TSX Venture Composite Index rose 40.77 points or 4.60% to finish the August 30 to September 3 trading week at 932.22. Spot gold climbed 0.60% or US$10.80 per oz. to US$1,827.60 per ounce.Shares of ISOEnergy jumped $1.43 to $4.00. The uranium exploration company announced that it had completed a 12-hole (4,428 metre) drill program at its Geiger property in Saskatchewan's Athabasca Basin, ab...Read More

The S&P/TSX Composite Index rose 176.80 points or 0.86% to finish the August 30 to September 3 trading week at 20,821.40. The S&P/TSX Global Mining Index fell 0.92 points or 0.87% to 104.40 and the S&P/TSX Base Metals Index dropped 0.32 points or 0.19% to 170.63. The S&P/TSX Global Gold Index rose 2.78 points or 0.96% to 293.97 and spot gold rose US$10.80 per oz. or 0.60% to US$1,827.60 per ounce....Read More

The Dow Jones Industrial Average dropped 86.71 points or 0.25% to finish the August 30 to September 3 trading week at 35,369.09 and the S&P 500 climbed 26.06 points or 0.58% to 4,535.43. Spot gold rose US$10.80 per oz. or 0.60% to US$1,827.60 per ounce.Shares of Alcoa jumped US$3.08 to US$47.21. The company announced on August 31 that its wholly owned subsidiary, Alcoa Nederland Holding B.V, will...Read More

Battery Mineral Resources (TSXV:BMR) has released initial drill core assay results from the ongoing 2021 exploration and in-fill drill program at its recently acquired cornerstone asset, Minera Altos de Punitaqui (MAP), an integrated copper mining complex in the Coquimbo region of Chile, about 30 miles south of Teck Resources' (TSX: TECK.A/TECK.B; NYSE: TECK) Andacollo copper mine.Drilling retur...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 resourcesRising nationalismSPONSOREDswannThat was the price of the lightweight metal in early 2008 as Rio Tinto was being feted by investors for its acquisition six-months earlier of the Canadian-based...Read More

Finally, the end of another humid Maryland summer.The mornings are cool, the leaves are starting to fall, and I can smell the pumpkin spice in the air already.This Labor Day weekend also marks the end of extended federal unemployment benefits for many U.S. workers affected by the pandemic...A little bit ironic, don't you think?Well, if we know one thing about the current president, it's that he lo...Read More

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The country sits atop what could be one of the world's largest reserves of various metals and minerals, including not just gold but also platinum, silver, copper, iron, aluminum and uranium.Read full newsRead More

Total nonfarm payroll employment rose by 235,000 in August, well below reported expectations of 720,000, dimming the likelihood of stimulus tapering.Gold has risen to almost US$1,830 an ounce on the spot market.There were mixed moves among base metals on the London Metal Exchange on Friday.Nickel rose 1.6%, taking it close to the $20,000 mark at $19,829.25 per tonne.In Australia, Alumina added 6.6...Read More

(IDEX Online) - The newly-founded Diamonds de Canada will this week ship its first consignment of polished stones for grading in Las Vegas, before being sold.The venture, launched in Yellowknife, on the edge of the Arctic Circle, by Michael Indelicato, of US wholesaler RDI, and industry consultant Benjamin King, accesses rough directly from the three major diamond mines in Canada's Northwest...Read More

(IDEX Online) - Global production of rough diamonds will increase by 1.4 per cent to almost 113m carats this year, according to data and analytics company GlobalData.It follows an estimated 19.4 per cent decline to 111.4m carats in 2020, as the industry was hit by the COVID pandemic.Russia is likely to show only moderate growth but output elsewhere is forecast to rise in Botswana (+37 per cent), C...Read More

(IDEX Online) - Twelve people have died and 4,400 have been taken ill after toxic waste from Angola's biggest diamond mine polluted drinking water, say officials in the neighboring Democratic Republic of Congo (DRC).Tailings from the Catoca mine - in which Alrosa (Russia) and Endiama (Angola) both hold 41 per cent stakes - leaked into tributaries of the River Congo, turning the water red and...Read More