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

Cornish Metals (TSXV: CUSN; LON: CUSN) posted on Wednesday an updated resource estimate for its South Crofty tin-copper project in Cornwall, southwest England, as it moves to closer to reopening the past producing mine.The Canadian miner, formerly known as Strongbow Explorations, said additional sampling showed a 10% increase in indicated resources to 2.08 million tonnes in both the lower mine a...Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe company has five trials underway and three commercial opportunities in its pipeline this year as the technology approaches the tipping-point of mass uptake, president and CEO Mike Outwin told Read More

The price of crude oil has increased more than 15% since April as a faster-than-expected economic recovery in the U.S. and abroad is forecast to bolster energy demand.Yesterday the Energy Information Administration raised its 2021 prediction for petroleum and other liquid fuel consumption in the U.S. to 1.49 million barrels per day. This represents a 7% increase from the EIA's previous 2021 foreca...Read More

Battery minerals represented less than 3% of the top 40 miners' total revenue in 2020.Read full newsRead More

Gold Mountain Mining Corp. is pleased to announce that the MinistRead full newsRead More

Monarch Mining (TSX:GBAR) is announcing a C$5 million bought deal private placement led by Sprott Capital Partners and Stifel GMP.Read full newsRead More

Gold Bull Resources (TSXV:GBRC) will resume drilling operations at its Sandman Project with a 5,000-metre exploration and resource extension program.Read full newsRead More

BlockchainK2's (TSXV:BITK) Amplify Games has added indie game developer Santiago Zapata to its industry alliance.Read full newsRead More

PyroGenesis Canada (PYR) has received a Letter of Intent (LOI) from an...Read full newsRead More

Fredericton, New Brunswick--(Newsfile Corp. - June 8, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE:706) (Read full newsRead More

Thungela listed at 150p but shares slumped immediately, settling just below 120p just before midday on Monday. Shares were valued at 113.96p at noon Tuesday.Read More

Lucara said the standout stone came from ore sourced from the EM/PK(S) area, part of the South Lobe of its Karowe mine.Read More

Share this article VANCOUVER - Azincourt Energy Corp. [AAZ-TSXV; AZURF-OTC] on Tuesday June 8 said anomalous and elevated uranium levels have been encountered at the company's East Preston uranium project in the western Athabasca Basin in northern Saskatchewan.The company said the elevated uranium levels were reported in three of five holes completed in a drill program that was cut short due to a...Read More

(IDEX Online) - The only commercial diamond miner in the Democratic Republic of Congo (DRC) hopes a $5m cash injection will go some way to revive its flagging fortunes.At its peak in 1961 MIBA, the Bakwanga Mining Company, produced 16m carats, but it has been badly hit by two wars, widespread corruption, embezzlement, poor management and infrastructure, crippling debt, unpaid workers' wages a...Read More

(IDEX Online) - Lucara has recovered a 470-ct diamond from its Karowe mine, in Botswana.It's the tenth +100-ct stone, and the third +300-ct so far from the deposit this year.The Canadian miner describes it as a top light brown clivage diamond (pictured) - indicating the rough stone will need to be split before being processed further.The diamond, measuring 49x42x26mm, was recovered from direc...Read More

(IDEX Online) - De Beers is reportedly raising prices of larger stones by as much as 10 per cent at its fifth sight of the year, which opened yesterday in Gabarone.The miner has been increasing prices since the end of 2020 as midstream demand rebounds, but not so dramatically.Rough diamonds over two carats are up by 10 per cent, sources have told Bloomberg News, and the prices of some smaller good...Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThis follows an intercept of 7.55m grading 5.01% copper equivalent in a 257m vertical step-out hole, reported in late April.Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationIts global activity dispersion index averaged 49.4 for May, a return to the long-run average levels after the record low of 39.8 March. The platform, which monitors about 90% of smelting capacity, put the rise down to copper's price surge stimulating a supply response.Huntsman Set to Expand Nickel Sulphi...Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationIvanhoe said the accident occurred underground when a contractor's employee was hit in the leg by a loose rock while working at one of the mine's working faces, causing him to fall backwards, striking his head on a rock."Despite immediate first-aid assistance by his colleagues, he passed away at the accident...Read More

Ms. Janet Yellen is talking again. From comments Sunday:"If we ended up with a slightly higher interest rate environment it would actually be a plus for society's point of view and the Fed's point of view."A higher interest rate environment would likely arise from a higher inflation environment.Inflation is presently on the jump.Is it "transient" as the Federal Reserve insists? Or is it a mere for...Read More