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

KoBold Metals, a start-up backed by a coalition of billionaires including Microsoft co-founder Bill Gates and Amazon's founder and executive chairman Jeff Bezos, has partnered with Britain's Bluejay Mining (LSE: JAY; US-OTC: BLLYF) to explore for critical materials used in electric vehicles (EVs) in Greenland. KoBold, which uses artificial intelligence and machine learning to help find key minera...Read More

Euro Sun Mining (TSX: ESM) says it plans to float on the London Stock Exchange later this year, likely in September, as it looks to fund the first phase of its Rovina Valley copper-gold project in Romania. The junior, the first non-state-owned entity to receive a ratified mining licence in the European country, said a London IPO would raise its profile in the United Kingdom and global investmen...Read More

The S&P/TSX Composite Index rose 0.93% to finish the August 2-6 trading week at 20,475.40. The Global Mining Index fell 2.64% and the S&P/TSX Global Base Metals Index dropped 1.11%. The S&P/TSX Global Gold Index lost 4.42% to 295.18 and spot gold fell US$50.70 to US$1,763.10 per ounce.Nutrien jumped 56 ? to $74.74 per share. The company announced that it had signed a collaboration agreement with E...Read More

Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesZinc-lead discovery helps Zenith double market capSPONSOREDzenith mineralsMining and the lack of external investmentSPONSOREDswannCracks in the iron ore market, which first appeared last month, have widened alarmingly with the price of the steel-mak...Read More

The Dow Jones Industrial Average gained 273.04 points or 0.78% to 35,208.51 during the Aug. 2-6 trading week and the S&P 500 rose 41.26 points or 0.94% to 4,436.52. Spot gold fell US$50.70 to US$1,763.10 per ounce.Intrepid Potash posted the biggest gain - climbing US$4.00 per share to US$34.30 per share. The company reported second-quarter net income of US$19.5 million, or US$1.46 per share, a gro...Read More

The S&P/TSX Venture Composite Index rose 0.02 points or 0.002% in the August 2-6 trading week. Spot gold fell US$50.70 to US$1,763.10 per ounce.Shares of Filo Mining jumped $1.02 to $10.89. The junior reported drill results from its 100%-owned Filo del Sol project in Argentina's San Juan province. Drillhole FSDH049 returned 425.3 metres grading 91.5 grams silver per tonne, 0.42% copper and 0.44 gr...Read More

We're now in the middle of a new surge of COVID cases blamed on the Delta variant of the SARS-CoV-2 virus. The Delta surge should abate significantly by mid-September.But I'm afraid the consequences of bad economic policies engendered by the pandemic will last much longer.In the immediate aftermath of the first pandemic wave (March - May 2020), the White House, Congress and the Fed implemented a f...Read More

Not long ago, I found myself floating on the Patuxent River in a 42-foot sailboat. My days were filled with bright mornings as I wobbled to work on my sea legs and peaceful nights as I read by the dim lights, slowly rocked to sleep by the changing tides.If I needed to travel anywhere by sea, I used the wind. If I needed to power the lights, central air, or various pumps, I used the electricity sto...Read More

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES VANCOUVER, British Columbia , Aug. 04, 2021 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) ("Asante" or theRead full newsRead More

(IDEX Online) - Christie's says a 24.45-carat heart-shaped diamond is the highest-valued jewel it has ever offered at an online auction.The D color, IF, Type IIa diamond pendant (pictured) has an estimate of of $1.55m to $2.55m.The gem leads the Jewels Online: Summer Sparkle sale, which closes on 18 August.Christie's previous record estimate for a high-value jewel online was $1m to $2m f...Read More

(IDEX Online) - Alrosa is expected to top its dwindling stocks with more rough diamonds from Gokhran, Russia's state repository.Last month the miner bought about 70 per cent of the 1.02m carats, which were sold at auction for a total of $139.2m, according to the Interfax news agency.Alrosa has been warning of "a long period of supply deficit" in the rough market as consumer demand outstrips s...Read More

(IDEX Online) - Three shipments of counterfeit watches and jewelry, worth $5.6m if genuine, have been seized entering the US from Hong Kong.Customs and Border Protection (CBP) officers in Louisville, Kentucky intercepted 580 fake pieces of David Yurman jewelry on 30 July, which would have been worth $365,000.The following day they seized 2,411 counterfeit designer brand watches with a value, if ge...Read More

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES VANCOUVER, British Columbia , Aug. 04, 2021 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) ("Asante" or theRead full newsRead More

Novo Resources Corp. is pleased to announce that senior managemenRead full newsRead More

Mexico has a long and storied history as a silver producer, and there is no reason to think that will change anytime soon. Here are eight Canadian companies active in the sector - often with gold or copper in the mix as well.CANASIL RESOURCESCanasil Resources' Nora project in Mexico. Credit: Canasil Resources.Canasil Resources (TSXV: CLZ) has six silver-gold exploration projects in Mexico's Durang...Read More

South Africa's power utility Eskom introduced load shedding - or planned rolling blackouts - in 2008 during periods of short supply.Read More

Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesZinc-lead discovery helps Zenith double market capSPONSOREDzenith mineralsMining and the lack of external investmentSPONSOREDswannThe two uranium players on the program, Boss Energy and Paladin Energy, are looking to restart uranium mines in South A...Read More

Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesZinc-lead discovery helps Zenith double market capSPONSOREDzenith mineralsMining and the lack of external investmentSPONSOREDswannBHP has made no secret of its desire to get more exposure to nickel, trumping Wyloo Metals' proposed offer for Noront l...Read More

Russian gold producer Nordgold has begun mining at a satellite deposit by its Lefa gold mine in Guinea, which will boost production at the operation. The Diguili deposit, located about 35 km from Lefa's processing facility, is considered a core pillar of Nordgold's strategy to expand its resource and reserve base through both organic growth and the selective acquisition of high value pro...Read More

While some banks and other lenders are cutting off funding for new coal-fired power plants and turning their backs on coal mining projects more generally, the number of new coal mines proposed or under development is higher than one might think, given all the noise about meeting emissions targets outlined in the Paris Climate Agreement, and the broader shift away from fossil fuels and towards gree...Read More