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

With the release of feasibility study results on a two-pit milling operation at its Valentine project in central Newfoundland and Labrador, Marathon Gold (TSX: MOZ) sees potential to pour first gold by October 2023.The latest study presents a development scenario with two open pits at the Marathon and Leprechaun deposits and a central mill that is unchanged from the April 2020 pre-feasibility.With...Read More

Dundee Precious Metals' (TSX: DPM) latest reserve update for its Chelopech gold-copper mine in Bulgaria has increased reserves by 10% and the mine life by two years to 2029.Total proven and probable reserves are now 18.6 million tonnes grading 2.89 grams gold per tonne, 7.73 grams silver per tonne and 0.84% gold for 1.7 million oz. gold, 4.6 million oz. silver and 344.4 million lb. copper.While re...Read More

A year ago, Toronto-based Cerrado Gold (TSXV: CERT) acquired 100% of the Minera Don Nicol??s (MDN) property in southern Argentina from a group of private investors.The project, about 1,600 km southwest of Buenos Aires in the Patagonian province of Santa Cruz, has nine pits, three of which are currently in production, and about twelve high-priority exploration targets.MDN has been producing small...Read More

Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) says part of the proceeds from the recently completed US$575 million, 2.50% convertible senior notes offering will be used to accelerate the Phase 3 expansion at the Kamoa-Kakula copper mine in the Democratic Republic of the Congo. According to the company, fast-tracking additional hydropower upgrades in the DRC also is a high-priority opportunity to ensure...Read More

(IDEX Online) - The largest purple-pink diamond ever to go under the hammer could fetch as much as $38m.The "fancy vivid purple-pink internally flawless" 15.81-carat type IIa IF diamond (pictured) is the highlight of a Christie's Hong Kong live auction in May. It has a strong pink hue with a secondary color of purple and has been named the Sakura Diamond  because it perfectly matche...Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe company intercepted high-grade copper sulphide and oxide mineralisation at shallow depth on its patented mining claims as it sought to confirm historical drilling in the past-producing Helvetia region. After encouraging initial results in 2020, the company launched a larger drill programme this year and n...Read More

Make no mistake about it. The Federal Reserve has always been a political body.From its existential fight over a century ago to today, it has served the interests of politicians. It was designed to do exactly that, but not in a direct fashion.The word juggling required to hoodwink the masses has taken many forms, but the very nature of the existence of the Fed makes it inevitable.The latest hot ta...Read More

Last week's top-gaining stocks on the TSX were Fortune Minerals, Forsys Metals, Loncor Resources, Cardinal Resources and Dynacor Gold. Read full newsRead More

Final offer looks to be turning the tide, with minority RWC on boardRead full newsRead More

Trapped in flooded gold mineRead full newsRead More

Diversified producer Anglo American and Anax have signed a non-binding term sheet that involves Anglo acquiring a 1% net smelter return for US$2 million for future copper and zinc production, with theRead More

Share this articleLocal access to these strategic minerals is crucial if we are to ensure the long-term viability of our technology sectorThe Canadian mining sector has been a vital cog in the country's economy during the pandemic, with the importance of the industry growing steadily over time. Operations and exploration continued during the COVID-19 outbreak, collaborations with Indigenous commun...Read More

IDEX Research estimates that U.S. Specialty Jewelers generated sales of about $13.1 billion USD, a 17 percent sales increase, during the fourth calendar quarter - October, November, December of 2020 - when compared to the same three-month period a year earlier.  Specialty Jewelers' sales gain of 17 percent (red bar) outpaced the overall fine jewelry and watch sales gain of nearly 14...Read More

(IDEX Online) - Petra Diamonds is facing claims that guards at its Williamson Mine, in Tanzania, switched rubber bullets for metal shot in their shotguns to inflict greater damage to trespassers.The UK-listed miner was accused last November of employing security staff who were responsible for seven deaths and 41 injuries in their "ruthless and militaristic" dealings with illegal diggers. It i...Read More

(IDEX Online) - Almost half of all consumers (47 per cent) don't believe lab grown diamonds are "real", according to new research for De Beers.Seven out of 10 said they wouldn't spend over $1,000 on one, because they're concerned that lab growns won't retain their value over time.  Prices of LGDs are predicted to fall by as much as 60 per cent in the next two years.An incr...Read More

Look beyond market approach to project valuations: van ZylLeadershipMicon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalHot Chili rises to the topSPONSOREDhot chiliMarimaca timing its run to meet resurgent demand for copperSPONSOREDmarimaca copperThe latest new licences would "significantly increase" the footprint of Kanye in the renowned copper b...Read More

Red Lake-focused Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) has released assay results for three step-down drillholes completed over 500 metres of strike at its flagship Dixie project in Ontario that hit the gold-bearing LP fault at vertical depths between 700 and 820 metres. These results double the drilled vertical extent of this fault, which extends from surface.The drill highlights includ...Read More

As First Cobalt (TSXV: FCC; US-OTC: FTSSF) readies for a restart of its Ontario refinery next year, the company has announced a five-year offtake agreement with London-based metals trader Stratton Metals for the sale of cobalt sulphate from the Temiskaming Shores hydrometallurgical facility.The contract allows First Cobalt to sell up to 100% of the cobalt sulphate generated in a year to Stratton -...Read More

Canada "has great potential" to become a leader in the global lithium-ion battery market, according to a new analysis by Roskill. The research firm published the insight following the announcement by Lion Electric, a manufacturer of all-electric trucks and buses, of the construction of a $185 million battery manufacturing plant and innovation center in Quebec.The project is expected to receive a...Read More

Russia's Nornickel (MCX: GMKN), the world's largest palladium miner and a significant nickel producer, said on Monday it had stopped water flowing into two Siberian Arctic mines, adding that both were on track to fully resume production in the coming months.Nornickel partially suspended output at the Oktyabrsky mine and the interconnected Taymirskiy operation on February 24 after subterranean wa...Read More