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

Mining Journal speaks to Endeavour CEO S?(C)bastien de MontessusRead full newsRead More

No impact on production flaggedRead full newsRead More

It marks a complete recovery on the index to pre-pandemic levels, exceeding the previous high reached in February 2020.The iron ore price has continued to strengthen this week.The MySteel Australian 62% fines rose 2.8% to US$200.50/t, while CommSec cited a 0.2% gain to $209.45/t (CFR Tianjin port).BHP rose more than 3% in Australia yesterday.Iron ore major Vale SA gained 1.4% in Brazil, returning...Read More

Mining Journal: Why London?Read More

Share this article SAINT-SAUVEUR - Monarch Mining Corp. [MQR-TSX; MRQRF-OTCQX; MR7-FSE] has announced plans to reopen its 100%-owned Beaufor mine and Beacon mill by June, 2022. The mine and mill are located some 20 km east of Val-d'Or, Que.The Beaufor mine has produced over 1.1 million ounces of gold averaging 7.50 g/t gold since the early 1930s. The mine is currently on care and maintenance, w...Read More

(IDEX Online) - Antwerp-based Baunat has become one of the first diamond jewelry companies to accept payment by cryptocurrency.Customers can now pay for their purchases online using Bitcoin, Ethereum and others.Steven Boelens, the firm's executive director, said: "Baunat has always been an early adopter when it comes to technology and in today's economic climate it's easy to see the...Read More

(IDEX Online) - The IDEX Polished Price Index was up 1.37 per cent in May, an increase almost double that of April (0.73 per cent). The rise was pretty steady day on day, with the Index averaging 124.970 across the month and closing at 125.900.The Index is currently the highest it's been since November 2018. It has been climbing, albeit with some volatility, sinc...Read More

(IDEX Online) - India's diamond exports are set to exceed $20bn this financial year - an increase of 20 per cent.That's according to an analysis of 70 diamantaires rated by CRISIL, the Mumbai-based Crisil ratings agency.In recent months pent-up demand and stimuli buoyed demand for diamonds and jewelry in the US and China, it says, which account for 75 percent of India's polished dia...Read More

(IDEX Online) -  Zimbabwe's state-owned miner this week said it aimed to increase diamond production this year by 30 per cent.  It predicts a total output of 3m carats, up from 2.3m in 2020, as a result of improved mining methods.  The Zimbabwe Consolidated Diamond Company (ZCDC) also hopes a joint exploration venture with Alrosa will further increase its diamond production.&nb...Read More

Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDRemembering the lessons from the last gold bull marketSPONSOREDsrk consultingThe company went public in December 2020 and this will be its first drilling on the project wi...Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe unprecedented management, compensation and repair agreement was reached by BHP, the State Defense Council and the Atacameño Peoples Council, as well as the Peine Indigenous Community, whichRead More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationManagement are looking into a new, lower-cost approach to mining Rockcliff's Tower and Rail deposits in Manitoba, plus potential M&A activity to "bring scale".Chairman Donald Christie, who is CEO of circa 27% shareholder Norvista Capital, was appointed interim president and CEO, effectively immediately, t...Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe announcement comes days after the Canada-based company said it was seeking an exemption to the DRC's reinstated export ban on concentrates as Kamoa-Kakula started production last week. Offtake and export agreements for the balance of the copper concentrates produced during phase one were "nearing fin...Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThere had been a major, 135 million tonne landslide at Bingham Canyon's north-east wall in April 2013, with recovery work taking two years and constraining production. Rio did not refer to any potential impact on production from the latest slip, which occurred in the south-east corner of Bingham Canyon.H...Read More

One of the top contenders to bring new copper pounds to market in the medium term is Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO), operator of the 75%-owned Gibraltar open-pit mine in British Columbia, company president Stuart McDonald tells The Northern Miner.The Vancouver-based company is awaiting a final permit decision by the U.S. government's Environmental Protection Agency (EPA) on its Fl...Read More

Recent drill results from Newcore Gold's (TSXV: NCAU; OTCQX: NCAUF) Enchi project in Ghana underlines the company's district-scale exploration opportunity in Africa's top gold producing nation, president and CEO Luke Alexander tells The Northern Miner.On June 1, Newcore reported drilling at the Boin gold deposit, one of three resource-stage deposits comprising Enchi, had intersected 0.9 grams gold...Read More

Monarch Mining (TSXV: GBAR; US-OTC: GBARF) plans to reopen its Beaufor mine and Beacon mill, 20 km east of Val-d'Or, Quebec, by next June.Currently on care and maintenance, Beaufor has produced over 1.1 million oz. of gold at an average grade of 7.5 grams gold per tonne since first production in the 1930s.Before the suspension of operations in June 2019, the operation employed 150 people at the mi...Read More

Global miners can continue to expect an "exceptional year of earnings" through 2022 as a broad commodity price rally underpins strong financial results for most actors, according to a new report from Fitch Solutions.Despite sky-high earnings, Fitch expects miners to maintain restraint over capital expenditure, instead focusing on further debt reduction with the additional profits generated this ye...Read More

Kinross Gold (TSX: K; NYSE: KGC) has signed a US$9.5 million farm-in agreement with a Finnish subsidiary of Australia-based S2 Resources (ASX: S2R) to look for gold.The agreement covers about 83 sq.-km of S2's noncore gold tenements in Finland, with the Australian junior on Thursday saying that it would retain full ownership of 498 sq.-km of ground holding the Aarnivalkea gold prospect and the Ruo...Read More

Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDRemembering the lessons from the last gold bull marketSPONSOREDsrk consultingIn reporting the company's 2020 financial results in March, Image chief executive Patrick Mutz...Read More