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

Randgold replacement finally lands in LondonRead full newsRead More

And why the majors are not participating in the battery metals spaceRead full newsRead More

Vancouver, BC June 11, 2021 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce that as part of its C$8 million bought deal financing through a syndicate of underwriters led by Canaccord Genuity Corp. and including PI Financial Corp. and Cormark Securities Inc. (the "Underwriters") announced on May 11, 2021 (the "Financing"), the Company has filed the fi...Read More

The company had said on June 4 it had stopped some activities at its Mariana complex near Xingu, following a notification from the regional labour superintendent (SRT), which was expected to have an estimated impact of 40,500 tonnes per day on iron ore fines production.At the time, Vale said the dam was not at imminent risk of rupture and its safety conditions remained unchanged.Xingu dam's emerge...Read More

The S&P 500 is up almost 15% year-to-date and closed up 0.19% to 4,247.44, having reached 4,249.74 intraday.All eyes this week will be on some direction from the US Federal Reserve's Federal Open Market Committee meeting.Market futures were mixed today, with holidays in China and for the Australian stock exchange.The gold price has plunged to US$1,866 an ounce on the spot market, having nudged...Read More

First-quarter tin concentrate production hit 183 tonnes, containing 114t of tin metal, for the period March 1 to May 31, compared to a forecasted 180t.Read More

(IDEX Online) - Germany has, for the first time, apologized for the genocide in Namibia which claimed the lives of 75,000 tribes people - during which time it plundered untold reserves of the country's diamonds.German foreign minister Heiko Maas (pictured) has pledged $1.3bn aid to Namibia for the mass killings between 1904 and 1908 in what was then German South West Africa.Towards the end of...Read More

(IDEX Online) - The Swiss watchmaker Bovet 1822 has crafted a bespoke pair of his-and-hers watches that double as the dashboard clock of the new ultra-expensive Rolls-Royce Boat Tail.The one-off handcrafted car is said to be the most expensive in the world, with an estimated price tag as a high as $28m.Bovet designed and made a pair of reversible watches, together with a dedicated aluminium and ti...Read More

(IDEX Online) - New owners of the troubled Ekati mine, in Canada, predict a 4m carat output this year, after rescuing it from Dominion Diamonds.A group of creditors took on $70m of outstanding debt and pledged $85m of working capital facility for the mine in Northwest Territories. The deal was signed in February.The newly-formed Arctic Canadian Diamond Company, owned by DDJ, Brigade and Western As...Read More

British Columbia-based Copper Mountain Mining (TSX: CMMC; ASX: C6C) is on a runway to triple 2020 production in the medium term, president and CEO Gil Clausen tells The Northern Miner.The mid-tier miner's eponymous cornerstone mine is just 300 km east of Vancouver. It underpins the company's immediate and medium-term growth plans to go from about 100 million copper equivalent lb. per year to 140 m...Read More

Teck Resources (TSX: TECK.A/TECK-B; NYSE: TECK) is preparing to double its copper output by 2023 to take advantage of accelerated metal demand from global economic growth and the transition to a lower-carbon economy, president and CEO Don Lindsay tells The Northern Miner.The mining executive says Teck is well-positioned to benefit from the anticipated growth in global copper demand of 2.3 times by...Read More

Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) is well-positioned to capitalise on the growing market interest in a vibrant and growing mining sector in Ecuador, president and CEO Christian Kargl-Simard says.The renewed interest in the jurisdiction comes at a time when other more traditional South American copper jurisdictions deal with question marks over their status as top-tier resource investment...Read More

Proudfoot Global CEO Pamela Hackett talks 'wrestling chaosSPONSOREDproudfootAntipa set to soar amid Winu and Havieron potentialSPONSOREDantipa mineralsAzure's Andover nickel shapes as a Pilbara NovaSPONSOREDazure mineralsMcDermitt puts Jindalee at top of US lithium stock-pileSPONSOREDjindalee resourcesPolitical leaders from seven of the world's richest countries promised to spend more on c...Read More

June 11 marked the milestone first production of ore from the underground expansion project at the Voisey's Bay nickel-cobalt mine owned by Vale (NYSE: VALE). The mine is located on the north coast of Labrador, about 35 km south of Nain, Nfld.Underground production is expected to extend the life of the mine until at least 2032. Two separate deposits - Reid Brook and Eastern Deeps - have been devel...Read More

China's Ganfeng Lithium, one of the world's top producers of the commodity used in electric vehicle batteries, is acquiring a 50% stake in a special purpose vehicle that owns the Goulamina hard-rock mine in Mali for US$130 million.Ganfeng, which counts automakers Tesla and BMW among its customers, said the move will grant it at least half of Goulamina's first-phase annual output, estimated at 455...Read More

Coinbase (NASDAQ: COIN) will go down in history as the fastest bankruptcy on Wall Street.OK, maybe it won't be that dramatic.Afterall, Coinbase is the largest U.S. cryptocurrency exchange and the only publicly traded crypto company on the market, serving more than 8,000 institutional clients.Seems like an obvious long trade, right?Well, consider this: The company's been plagued with lawsuits, shad...Read More

I've written for years about different nations' persistent efforts to dethrone the U.S. dollar as the leading global reserve currency and the main medium of exchange.At the same time, I've said that such processes don't happen overnight; instead, they happen slowly and incrementally over decades.The dollar displaced sterling as the leading reserve currency in the twentieth century, but it took t...Read More

Kyrgyzstan will challenge the U.S. bankruptcy filings of Centerra Gold Inc.'s Kumtor gold operations, a lawyer for the Central Asian republic said after it took control of the mining project from the company.Read full newsRead More

The legendary wildlife filmmaker tells Anderson Cooper why urgent action on climate change is crucial and why we need to save nature in order to save ourselves.Read full newsRead More

(IDEX Online) - Hong Kong's auction houses say gem sales kept booming last year, even though the pandemic forced them to conduct their business online. Christie's, Phillips, Sotheby's and Bonhams all reported record prices in a round-up by the South China Morning Post, although they did not disclose total revenues.The single most expensive item (pictured) sold at a live auction...Read More