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

McEwen, through his Evanachan investment corporation, bought four million shares to acquire a 18.6% stake in McEwen Copper, as the cornerstone investor in the newco.Read More

"We are excited to have identified, only 35m below CD-058's hole current level at 441m, the corrected position of the Cabacal West conductor, being directly below a new copper-zinc sulphide VMS feeder system," CEO and president Dr Adrian McArthur said."Holes CD-038, and historical hole AMCD-15-006 (which was terminated above the conductor's position) both show mineralisation overlying CD-058's con...Read More

Fortescue Metals (ASX: FMG) leads in an Australia-heavy Top 10 listing of companies based on leadership in 10 areas that matter the most to the mining sector, GlobalData says in a news release.The company, the fourth biggest iron ore producer globally, is the mining company best positioned to take advantage of future disruption in the industry, according to GlobalData analysts.The scores are based...Read More

S&P Global Market Intelligence's pipeline activity index points to mineral exploration budgets increasing by 5% to 10% in 2022, metals and mining analyst William Mason told a recent online conference.The increase is not as significant as in previous years, as a projected moderate softening of most metal prices from current levels weigh on the outlook."From 2023 to 2025, we expect budgets to pull b...Read More

This week's episode features Barrick Gold's Q2 conference call with president and CEO Mark Bristow, who discusses the undeveloped potential of Nevada, the company dividend, the use of electrical vehicles in mines, the increasing importance of Canada as a mining jurisdiction, and the return to Pascua Lama. He also highlights the company's ESG credentials, new forays into Egypt, and the importance o...Read More

Canadian junior American Pacific Mining (CSE: USGD; US-OTC: USGDF) and joint-venture partner Rio Tinto (NYSE: RIO; BHP: RIO; ASX: RIO) are rapidly delineating a new resource estimate for the Madison copper-gold project in Montana, CEO Warwick Smith tells The Northern Miner. This year mark's Rio Tinto's third drill campaign at the project."Recent results have returned incredibly high-grade gold and...Read More

Australian coal producer TerraCom (ASX: TER) has extended the life of its Blair Athol coal mine in Queensland's Bowen Basin by about 10 years, following a reserves update. As of June 30, 2021, the mine's marketable reserves totaled 19.5 million tonnes, TerraComm said. Based on a sales profile of two million tonnes per year, the company estimates that Blair Athol will run for another decade,...Read More

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) and Sumitomo Corp. announced today that they will jointly study the construction of a hydrogen pilot plant at Rio Tinto's Yarwun alumina refinery in Gladstone, Australia. Sumitomo had been carrying out studies already into building a hydrogen plant, but hadn't chosen a location. Rio Tinto, in turn, recently started a feasibility study into replacing na...Read More

(IDEX Online) - Mining company Anglo Pacific Group PLC has appointed former De Beers Trading Company CEO Varda Shine as an independent non-executive director.   Shine will also serve on the company's audit committee, and will chair the remuneration committee, effective from 1 September.   "Varda is a highly experienced mining non-executive director, executive mentor and mining indu...Read More

Twenty years ago, I wrote a report called The Myth of August. The idea was to compare what most people thought about the month of August to what actually happens in August.The myth is that August is a quiet month, everyone in the world is on vacation, no deals get done, people just enjoy the beach or mountains or other quiet recreations. This is famously true in France, but it’s a French hab...Read More

NV Gold Corporation The Company announced today an update on itsRead full newsRead More

The Martin Mars water bomber sits idle on the shores of Sproat Lake, raising questions about why the massive aircraft isn't being used to fight the flames ripping though the province - including in. . .Read full newsRead More

The Martin Mars water bomber sits idle on the shores of Sproat Lake, raising questions about why the massive aircraft isn't being used to fight the flames ripping though the province - including in. . .Read full newsRead More

Edgemont Gold Corp. is pleased to announce that field crews and dRead full newsRead More

Andrew Forrest has long signaled he's interested in battery metals and has expressed ambitions to get into the business for years.Read full newsRead More

Israeli ocean carrier ZIM blew away all the analyst forecasts Wednesday, posting blockbuster earnings for its second quarter and revealing a massive increase in its full-year guidance. ZIM (NYSE: ZIM) has moved fast to squeeze the most short-term gain out of what CEO Eli Glickman described asRead full newsRead More

KEFI said it had assembled a funding package of US$356 million, which should cover infrastructure, start-up of the open pit and initial work on the underground development. The company previously Read More

The latest 22 holes at VC-07 East hit multiple broad intersections of massive, semi-massive, matrix and heavily disseminated nickel-copper sulphides. The widest hit was 46.Read More

Tiffany & Co. said that singers Beyonc?? (C) and JAY-Z will star in its latest campaign celebrating modern love.   Tiffany's debut of "ABOUT LOVE" marks the latest evolution of the luxury jeweler's new creative direction. The campaign is the result of a close collaboration and a shared vision between both the singers and Tiffany & Co.   "Beyonc?? (C) and JAY-Z are the...Read More

Gem Diamonds Limited is selling Gem Diamonds Botswana Proprietary Limited (GDB) to Okwa Diamonds (Pty) Ltd. GDB's main asset is the Ghaghoo diamond mine in Botswana.   The mine has been on care and maintenance since March 2017, and is wholly owned by GDB. As of 31 December 2020, the gross assets of GDB were US$3.5 million and the loss attributable to GDB for the 12-month period ended 31...Read More