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

This week's episode features Nickel 28 Capital chairman Anthony Milewski in conversation with Northern Miner Podcast host Adrian Pocobelli at the Global Mining Symposium. Anthony describes in detail how China has created a seemingly insurmountable lead in dominating the battery supply chain for "years to come." He also discusses the fundamentals of nickel, lithium and cobalt, as well as the supply...Read More

Equinox Gold (TSX: EQX, NYSE: EQX) announced today that mining activities are underway at its new Santa Luz gold mine in Brazil.According to the company, construction remains on track to commence commissioning in the fourth quarter of this year and pour gold in the first quarter of next year, with the expectation of producing 110,000 ounces of gold annually for the first five years of operations.M...Read More

Russia has proposed introducing an export duty on aluminum as part of new measures to curb creeping inflation, sending regional premia in crucial European markets soaring, a new analysis by Bank of America (BofA) shows.The proposed measures will affect steel, copper, nickel and aluminum from August 1 until the end of December. The measures are expected to also compensate the state budget for incr...Read More

Shareholders of both Fortuna Silver Mines (TSX: FVI; NYSE: FSM) and Roxgold (TSX: ROXG) have approved the business combination of the companies in an all-share deal valued at about $1 billion (US$884.3 million)The deal, first announced on April 26, will see current Fortuna and former Roxgold shareholders owning about 63.6% and 36.4% of the outstanding Fortuna shares, respectively.Vancouver-...Read More

A project to build the United Kingdom's first large-scale commercial lithium refinery has received ?1.6 million in seed round funding, closing at more than five times the initial target amount requested by Green Lithium, the company behind the initiative.The cash injection adds up to the ?600,000 the firm had already received from the U.K. government's Automotive Transformation Fund back in Apri...Read More

As my readers know, I don't like to get into politics in my analyses; I cover economics and capital markets. That said, there are times when politics are so focused and powerful that we have to pay attention because the impact on markets will be enormous.This could be one of those times. House Minority Leader Kevin McCarthy, a Republican, has written an open letter calling on Congress to investiga...Read More

In our July 5-18 issue we bring you our popular rankings by market capitalization of the top ten Canadian-headquartered companies across five sectors. The lists are always a compelling read and are compiled by our colleagues at MiningIntelligence, which like The Northern Miner, is part of the Glacier Resource Innovation Group.If I had to pick one company - and sector - that stands out in this year...Read More

If you're like me, you haven't set foot in an airport in almost two years.When we eventually do, we'll enter a whole new world. It'll look a lot like the one before, but it will be fundamentally transformed.The way things are looking, some airlines might not be around anymore. I wouldn't be surprised if we still see even more government-brokered bailouts similar to what we saw in the last two rece...Read More

Mine worker in Northern Territory who tested positive is believed to have caught virus in hotel quarantine in QueenslandRead full newsRead More

VANCOUVER, BC, June 22, 2021 /CNW/ - Nevada King Gold Corp. (TSXV: NKG) ('Nevada King' or the 'Company') is pleased to to announce it has commence...Read full newsRead More

Aldebaran Resources Inc. is pleased to announce that the Company's common shares commenced trading today on the OTCQX (R) BesRead full newsRead More

Gold price flatRead full newsRead More

It follows US president Joe Biden's infrastructure deal last week and concerns easing about inflation.Australia meanwhile is facing increased COVID-19 restrictions around the country after various positive cases were identified, including one at Newmont's Tanami gold operation in the Northern Territory.The operation has been temporarily suspended.The gold price was flat around $1,782 an ounce on t...Read More

Glencore will pay about US$294 million cash each to Anglo American and BHP for their respective 33.3% stakes in the asset.Read More

Share this articleArizona Gold Corp. [TSX: AZG, OTCQB: AGAUF] and Golden Predator Mining Corp. [TSXV: GPY] earlier announced that they have entered into a definitive arrangement agreement pursuant to which Arizona and Golden Predator have agreed to merge to create a new North American focused near-term gold producer. The Transaction combines the fully permitted past-producing Copperstone gold mine...Read More

(IDEX Online) - Angola's national diamond company raised over $56.6m in its third and largest rough auction.Fifty companies from the world's main diamond markets bid online for special stones from the Uari, Lulo and Catoca mines, as well as run-of-mine goods from the Luele kimberlite production in the Luaxe region.  Sodiam, the Luanda-based company that has been marketing Angol...Read More

(IDEX Online) - Diamond manufacturers in India are struggling to meet demand, with many workers yet to return from their rural villages after new lockdowns, and Covid curfews again being extended. The general manager of one unit said he was struggling to meet 60 per cent of demand.  Zalak Savani, from Ahmedabad, told the ANI news agency: "Many diamond polishers in Ahmedabad say demand for pol...Read More

(IDEX Online) - Lucara has announced $31m of new funding to operate and develop its Karowe mine, in Botswana.It comes just days after the miner revealed the recovery of a 1,174-carat diamond at the deposit, which has a reputation for producing large, high quality, Type IIa stones.Canada-based Lucara is raising $22m from syndicate of underwriters led by BMO Capital Markets and $16m in a private pla...Read More

An environmental report on the project, required to allow the 2,400-acre land swap to proceed, was published in January in the final days of the Trump administration.Read More

Perpetua's sustainable mining to bring only US antimony supplySPONSOREDperpetua resourcesArgentina: the future of uraniumSPONSOREDblue sky uraniumE3 Net-Zero Lithium: the next generation of lithium productionSPONSOREDe3 metals corpOrford's summer news flow forecast to flood inboxesSPONSOREDorford miningCaerus has agreed heads of terms on a £300,000 (US$ 417,500) deal to acquire Cypru...Read More