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

UNESCO names Romanian ancient gold mine settlement a world heritage siteRead full newsRead More

Gold has been an underperformer in 2021 despite several bullish catalysts such as a dovish Fed, sky-high deficits, and rising inflation. Now, it seems that these trends are becoming less favorable which could mean weakness is in store for the shiny metal.2021 has been a disappointing year for gold bugs with a year-to-date (YTD) loss of 4.2%. In contrast, the S&P 500 is up nearly 17%. Other com...Read More

UNESCO names Romanian ancient gold mine settlement a world heritage siteRead full newsRead More

The first maiden hole, drilled adjacent to the Sala mine, returned peak grades of 328 grams per tonne silver, 12.2% zinc and 5.9% lead.   Assays from the maiden hole were 3.8m at 7.Read More

(IDEX Online) - Year-on-year prices were up 10.1 per cent in July, the highest figure for at least eight years, according to IDEX Online's research.  Prices have been showing positive growth since January, and bigger increases with every successive month. The last peak, in July 2018, was 5.7 per cent.  That was followed by nine months of slowdown and 18 months of...Read More

(IDEX Online) - Prices of fancy color diamonds kept rising in Q2, albeit at a slightly slower pace than the previous quarter.Overall they gained 0.2 per cent, the New York-based Fancy Color Research Foundation (FCRF) said today, compared with 0.3 per cent in Q1. No figures were produced for Q1 and Q2 of 2020 because business was too slow during the Covid pandemic to provide sufficient data, b...Read More

(IDEX Online) -  Lucara has recovered its seventh +300-carat diamond this year from its Karowe mine, in Botswana.The Canadian miner says the 393.5-carat top white Type IIa gem quality diamond (pictured) was recovered from direct milling of ore from the M/PK(S) unit of the South Lobe - from which it has already recovered two +300-carats stones this year.In June, Karowe yielded a 1,174.76 carat...Read More

Africa-focused megaproject developer Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has declared commercial production at the first phase of the Kamoa-Kakula copper mine in the Democratic Republic of Congo, effective from July 1. Ivanhoe said today the 3.8 million-tonne-per-annum concentrator plant was deemed to have reached commercial production after achieving more than 80% of design capacity, with re...Read More

Pure Gold Mining (TSXV: PGM; LSE: PUR) has kicked off commercial production at its namesake mine in Red Lake, Ontario, eight months after pouring first gold.The Toronto-based miner said the milestone, achieved on August 1, followed a successful commissioning period.The Pure Gold mine, milling facilities, and other critical systems are now all operating in line with or rapidly approachi...Read More

Barrick Gold (TSX: ABX; NYSE: GOLD) and its key stakeholders have agreed on independent government-led oversight of the environmental and social impact studies for the Pueblo Viejo gold mine expansion in Dominican Republic.The US$1.3 billion project will extend the mine life until 2040 and beyond by expanding the mill and the tailings management facility. The expansion will also enable the mining...Read More

BHP (NYSE: BHP; LSE: BHP; ASX: BHP) will make a final investment decision on a major expansion of the processing plant at its Mt. Keith nickel mine in Western Australia as it invests further in battery metals to meet expected soaring demand. Nickel is a key component for EVs cathodes and the world's no. 1 miner sees nickel demand growing faster than expected due to a spike in the adoption of...Read More

This week's episode features Rio Tinto's second-quarter conference call with chief executive officer Jakob Stausholm and chief financial officer Peter Cunningham. The executives discuss the company's extraordinarily profitable first half of the year, which included a $9.1 billion dividend, as well as ESG, demand out of China, and the company's Jadar lithium project in Serbia. All this and more wi...Read More

Surging Chinese scrap copper imports that have doubled in the first half of 2021 are displacing to some extent refined cathode, concentrate, anode and blister imports, with analysis by Roskill expecting the situation to worsen and potentially cripple the copper price recovery.Copper - China's scrap rebalancing act threatens to de-rail the price recoveryAccording to Roskill data, China is currently...Read More

(IDEX Online) - Surat's vast but long-delayed diamond bourse is now reported be on target for opening next year.It was originally supposed to open in January 2020, according to the Surat Diamond Bourse (SDB) website. That was put back by September 2021, and now to some time in 2022, according to the BusinessToday.In website.The $355m bourse (pictured) will be the world's largest office b...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 mineralsThe path to decarbonising the mining industrySPONSOREDBeament didn't say a word as he took to the stage, instead opening with a video announcing a name change to ‘Develo...Read More

Health officials continue to lose credibility over COVID-19. They seem to change their minds daily based on whim rather than science. But that's been the case since the pandemic started.Going back to last January, official comments on COVID have been mostly wrong. The comments were either outright lies or were prescriptions based on politics, not medicine.In January 2020, the World Health Organiza...Read More

While the stock market is at all-time highs, gold isn't far behind.Sure, it's pulled back some, but prices are around 90% of their peak last year and trending up.This may seem counterintuitive with both rising at the same time. In some ways it is, but it isn't.It isn't just a doom-and-gloom counter-narrative, though plenty of gold haters always see any rise in gold prices that way.Instead, what we...Read More

Exhibit 1 Location of exploration targets of the Nassau gold project, Suriname. Exhibit 2 Geology, sampling results, and drilling plan of the Carbonara Grid, Nassau Gold Project, Suriname. TORONTO, July 27, 2021 (GLOBE NEWSWIRE) -- 79North Inc. (CSE: JQ; OTCQB: SVNTF; FRA: 6120) ("79North" or the "Company") is pleased to announce that diamond drilling has commenced at the Carbonara gold zone of th...Read More

Revitalizing Mineral Exploration and Development in the Prolific Gaspe Peninsula, QuebecRead full newsRead More

The illegal mining of gold from Colombia's rivers and waterways is on the rise, according to a report from the United Nations Office on Drugs and Crime published on Tuesday.Read full newsRead More