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) - Diamond manufacturers in Surat fear another exodus of migrant workers, as India suffers a second wave of coronavirus. The industry was crippled last March when as many as half its 750,000 artisans returned to their villages in Gujurat and beyond.  The number of Covid cases across India is higher than ever. The daily average of new infections over the last week is 249...Read More

(IDEX Online) - The biggest diamond ever auctioned in Australia has sold for a record USD $870,000.The square emerald-cut diamond weighing 25.02 carats (pictured) went to an absentee bidder at the Leonard Joel Important Jewels auction in Sydney yesterday.It just about broke the million dollar (AUD) barrier. The hammer price was AUD $900,000, but the buyer's premium and GST (goods and services...Read More

(IDEX Online) -  Chinese police have seized diamonds worth over $6.1m and arrested 20 people suspected of smuggling them onto the mainland through Hong Kong.The customs' anti-smuggling bureau say 84 loose diamonds, 252 diamond items and more than 100 packages of smaller diamonds were hidden among goods being imported to the country.Officers believe gang members have been buying gems from...Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationWhile Q1 copper volumes of 183,000 tonnes also represented a 5% drop quarter-on-quarter, the figure was in line with guidance and analyst expectations.Read More

Are mining companies being held back by their board composition? SPONSOREDswannEmmerson's premium offeringSPONSOREDemmerson plcAlto emerging on song at SandstoneSPONSOREDalto metalsReady for development copper-gold projectSPONSOREDjosemaria resources incWhile March quarter attributable iron ore shipments fell 4% to 59.9 million tonnes, sales for the first nine months of the financial year rose...Read More

Bunker Hill Mining (CNSX: BNKR; US-OTC: BHLL) has updated a preliminary economic assessment (PEA) for its zinc-lead-silver Bunker Hill mine project in northern Idaho.The Bunker Hill mine is located in the Coeur d'Alene silver district, in Kellogg, Idaho, and was a past-producer for almost century, operating from 1885 until 1981. After finally being shut down in 1991, it was eventually acquired by...Read More

Marathon Gold Corp. (TSX: MOZ) has released its first inferred resource estimate for the Berry deposit at the Valentine gold project in Central Newfoundland. Based on 42,000 metres of drilling, it totals 638,700 oz. of gold in 11.3 million tonnes averaging 1.75 grams gold per tonne.About 89% of the total - 566,400 oz. in 10.7 million tonnes at 1.65 grams gold per tonne - lie within a potential ope...Read More

Canada-focused junior Stratabound Minerals (TSXV: SB; US-OTC: SBMIF), which is advancing its Golden Culvert project in southeastern Yukon, 25 km north of Seabridge Gold's (TSX: SEA; NYSE: SA) 3Aces project, and the McIntyre Brook property in New Brunswick, 80 km west of Bathurst, is expanding its geographical footprint and acquiring California Gold Mining (CNSX: CGM) and its Fremont gold project i...Read More

Australia's Greenland Minerals (ASX: GGG) said today it is seeking to engage in talks with Greenland's authorities over its Kvanefjeld rare earth project, as the newly-formed government opposes the development.The uranium and rare earths-rich Arctic island has gained notoriety in the past two years following former U.S. President Donald Trump's offer to buy it. The move sought to partly help addre...Read More

The red flag came down on Wall Street today... and the green flag went running up the pole.Stocks had run negative the past two sessions, jittered by surging COVID cases globally.But today, recovery is back on its legs - evidently.The Dow Jones leapt 316 points. The S&P jumped 38, the Nasdaq 164.The 10-year Treasury yield rose by the merest fraction, to 1.56%… still markedly off its late...Read More

A co-worker recently proposed an argument for gold using what statisticians call the Lindy Effect.What is the Lindy Effect?Well, the basic idea behind the Lindy Effect is that the life expectancy of some things is proportionate to their current age.In other words the longer something exists, the longer we should expect it to continue existing.Now, right off the bat you can probably think of a mill...Read More

'Commodities nailed the best week'Read full newsRead More

Rio lifts iron ore shipments despite multiple challengesRead full newsRead More

Global miner Rio Tinto Ltd reported lower quarterly iron ore output on Tuesday as wet weather and labour shortages impacted its mine and port operations in Western Australia.Read full newsRead More

Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(TSXV: SSVR, OTCQB: SSVRF, Frankfurt: 48X) has commenced an over-10,000-metre drill program at the Hughes property near Tonopah, Nev. The program will consist of both reverse circulation (RC) and core drilling. An RC rig is currently in full operation on the project and two additional core rigs are scheduled to arrive within...Read More

Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company"), will partner with the Worldwide Asset eXchange Blockchain ("WAX"), on the launch of an NFT-based collectible card game titled Bud Farm Nifty Stash (the "Partnership").Bud Farm Nifty Stash will be the newest launch from the Bud Farm universe by LDRLY, and the first NFT-based game for LDRLY and the LEAF group. This collectible c...Read More

Marex Spectron's Anna Stablum said last week's commodity price rises were due to the US dollar posting the biggest weekly drop since the week ended December 18.Copper rose a further 1.7% on the London Metal Exchange to US$9,384.25 per tonne yesterday, nearing a 9.5-year high reached in February, amid improving economic optimism.However nickel was lower as security concerns resurfaced in relation t...Read More

Pilbara iron ore shipments on a 100% basis rose 7% to 77.8 million tonnes, just shy of Macquarie's forecast of 78.7Mt.Read More

The Liebherr-family owned business this week reported a 9.8% year-on-year dip in mining turnover to €964 million (US$1.1 billion) compared with last year's €1,069 million.Group sales across 13 product segments totalled €10,341 million in 2020, versus €11,750 million in 2019 - the highest level in five years.The Asia/Oceania region accounted for 60.8% of Liebherr's min...Read More

Share this article The Mining Association of Canada (MAC) welcomes several expanded and refined measures proposed in Budget 2021 to help position Canada for success on the "Mines to Mobility" pathway.Designed to support the establishment and growth of a domestic battery electric vehicle (BEV) supply chain, Budget 2021's proposed expansion of the Strategic Innovation Fund - Net Zero Accelerator to...Read More