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

(IDEX Online) - Dan Gertler, the diamond and mineral billionaire accused of "suspect mining and oil deals", was allegedly behind the payment of $360m in bribes to officials in the Democratic Republic of Congo (DRC).The claim is made in a joint investigation by the Bloomberg financial news website, the Africa Confidential online magazine and the Israeli newspaper Ha'aretz."Insofar as is known,...Read More

AIM-listed Greatland acquired Havieron in 2017 and immediately set to work on geophysical studies and then a drilling campaign. The initial drill results were impressive enough to attract the attention of Newcrest, Australia's largest gold miner, which agreed to acquire up to a 70% interest in Havieron as part of a US$65 million farm-in agreement. Newcrest is also providing Greatland with up to US...Read More

Uranium Outlook: Ready for lift off at lastSPONSOREDGalan Lithium rides electric vehicle revolutionSPONSOREDgalan lithiumGlobal Atomic is shipshape and in weather for plain sailingSPONSOREDglobal atomicDenison aims for 2022 live ISR field test at PhoenixSPONSOREDdenison minesIron ore production in Western Australia rose 9% quarter-on-quarter to 65.2 million tonnes due to record production at Minin...Read More

ASX-listed Eagle Mountain raised A$11 million (US$8 million) in February 2021 in order to accelerate activities at Oracle Ridge. The results of the subsequent drilling campaign have included 5.Read More

Canada-based TRQ had last week maintained force majeure as it outlined lower production figures, worker numbers up to 25% less than planned, plus little progress on either Shafts 3 and 4 or on key approvals needed for the block cave undercut.In a research note, Macquarie said TRQ's copper production and shipments were 9% and 46% below its estimates, respectively.It incorporated a six-month delay i...Read More

This year's ranking of the top ten U.S.-based mid-tier and junior precious metals companies based on market capitalization as of July 7, features a number of new entrants including i-80 Gold and Gatos Silver. The data was compiled by our sister company MiningIntelligence, https://www.miningintelligence.com/.1. Coeur MiningMarket Cap: US$2.1 billionAt Coeur Mining's Wharf gold-silver mine in South...Read More

Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) has given the go-ahead to develop the Wasamac gold mine, with study results showing more reserves, higher annual production and increased cash flows. The project is 15 km west of Rouyn-Noranda, Quebec.The company acquired the Wasamac deposit and Camflo property and mill when it bought Monarch Gold in January. Since that time, it has used its due diligenc...Read More

This week's episode features Alcoa's second-quarter conference call, with president and chief executive officer Roy Harvey and executive vice-president and chief financial officer William Oplinger. Harvey and Oplinger showcase the company's record earnings and highlight the big issues impacting the aluminum market, such as China cracking down on aluminum smelters as well as rising metal prices. Th...Read More

Ivanhoe Mines' (TSX: IVN; US-OTC: IVPAF) massive Kamoa-Kakula mine in the Democratic Republic of Congo (DRC) has begun copper concentrate exports to international markets as the metal continues to trade close to all-time highs.The first truck-loads departed from the mine on July 17 and will be shipped exclusively to China's Citic Metal and Zijing Mining from the Port of Durban in South Africa, th...Read More

Endeavour Silver (TSX: EDR; NYSE: EXK) has bought Canamex' Bruner gold exploration asset in Nevada, about 180 km southeast of Reno for US$100 million in cash.Gold was originally discovered at Bruner in 1906 and the district saw intermittent small-scale mining between 1906 and 1998. Recent exploration activities by previous operators have included mapping, sampling, geophysical surveys and drilling...Read More

The first hole, collared about 1,300m east of its Warintza Central target was drilled to 1,213m with the first 320m of core from surface assaying 320m grading 0.36% copper, 0.02% molybdenum and 0.Read More

Uranium Outlook: Ready for lift off at lastSPONSOREDGalan Lithium rides electric vehicle revolutionSPONSOREDgalan lithiumGlobal Atomic is shipshape and in weather for plain sailingSPONSOREDglobal atomicDenison aims for 2022 live ISR field test at PhoenixSPONSOREDdenison minesCastillo, who will take office on July 28, won by a margin of 44,000 votes with the ONPE and National Election Jury taking 4...Read More

The stock market bounced back today after yesterday's major losses. "Buy the dip" is alive and well.But today, I want to revisit a topic I haven't addressed much lately due to the pandemic, the inflation debate, and many other topics that have taken center stage.I'm talking about the war on cash.I've warned for a long time that governments are forcing citizens into digital forms of money so that t...Read More

I was basking in the sunshine, top down in my Jeep Wrangler with my daughter in the back seat. All of a sudden, the engine light came on and the car began lurching violently. Thankfully I was within striking distance of a parking lot and was able to drift the felled beast into a nearby spot. Crisis averted, for now.Now, I keep my Jeep in pristine condition - outside of some child-related smoothie...Read More

First gold is scheduled to be poured in Q4 2022 - with a final investment decision slated before the end of this year.A Definitive Feasibility Study completed earlier this year forecast average production of 136,000 oz/year - positioning Bardoc as one of the more substantial new gold mines set to come on stream in Australia over the next few years.And that's just for starters. The large resource b...Read More

TORTOLA, British Virgin Islands, July 14, 2021 /CNW/ - Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) (the 'Company' or 'Sailfish') is pleased...Read full newsRead More

(All dollar amounts are United States dollars unless otherwise stated)VANCOUVER, BC, July 15, 2021 /PRNewswire/ - Galiano Gold Inc. ('Galiano' or ...Read full newsRead More

TORTOLA, British Virgin Islands, July 14, 2021 /CNW/ - Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) (the 'Company' or 'Sailfish') is pleased...Read full newsRead More

(IDEX Online) - Free Covid vaccines are being given to 5,000 diamond artisans in Mumbai, India, following an industry-wide Diamond Aid appeal.It was launched in April after a catastrophic spike in Covid fatalities. The World Federation of Diamond Bourses (WFDB) pledged urgent action to help hospitals in the manufacturing and trading hubs of Surat and Mumbai.The campaign raised "many tens of thousa...Read More

(IDEX Online) - Tributes have been paid to the legendary Willie Nagel, diamond entrepreneur, former De Beers broker and pioneer of the Kimberley Process, who died last week aged 96.He quit a career as a Cambridge University-qualified lawyer, established the W. Nagel Ltd diamond company in London, and was appointed as a De Beers broker in 1959.He became a luminary in the diamond world and beyond. T...Read More