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

Operating results were hurt by lower output of all metals from the company's Pe??asquito mine, while costs climbed.Read full newsRead More

He is said to have already begun training three to four people to succeed him in the job.Read full newsRead More

Investing.com - Gold prices gained on Friday as Asian stocks traded mostly lower after China reported disappointing third-quarter GDP data.Gold futures for December delivery on the Comex division of the New York Mercantile Exchange slipped 0.08% at?EUR?$1,226.4?EUR?a troy ounce by 1:19 AM ET (05:19 GMT).China’s economy grew 6.5% in the third quarter from a year earlier, its weakest pace sinc...Read More

Investing.com - Gold prices were flat on Thursday as investors paused to digest the latest meeting minutes from the Federal Reserve.Comex gold futures for December delivery inched up 0.06% to $1,228.10 a troy ounce as of 8:02 AM ET (12:02 GMT).The hawkish Fed minutes showed that while the central bank had some doubts about the economy, it still planned to gradually increase interest rates in Decem...Read More

Silver remains a prime target for mineral explorers and miners, particularly those active in Mexico and other Latin American countries. Here is a look at five silver-focused companies plus a palladium producer.BEAR CREEK MININGBear Creek Mining (TSXV: BCM; US-OTC: BCEKF) has long been active in silver exploration and development in southern Peru.The Vancouver-based junior describes its flagship, w...Read More

There isn't much at the proposed mine site right now: just a long airstrip, with clusters of sturdy buildings in the middle of green mountains close to the Middle Kuskokwim River. But if completed, the Donlin gold mine would be one of the biggest in the world. Listen nowRead full newsRead More

Investing.com - Gold prices were lower on Friday as the greenback recovered from a two-week low as inflation pressures eased.Comex gold futures for December delivery fell 0.39% to $1,222.80 a troy ounce as of 8:58 AM ET (12:58 GMT), after recording its largest daily percentage gain on Thursday since June 2016 amid a selloff in equities.Cooling inflation data and rate hike expectations lead to a ri...Read More

Investing.com - Gold prices extended gains on Thursday on safe-haven demand after global markets tumbled. A weaker dollar was also cited as supportive.Gold futures for December delivery were up $3.30, or 0.3%, at $1,196.8 a troy ounce by 1:20AM ET (05:20 GMT). “Investors might start to look for alternative investments to equities, as factors such as high country debt levels and emerging infl...Read More

The board of Vale is close to approving a $1 billion expansion of its Salobo copper mine, two people familiar with the matter said, as the world's top iron ore miner seeks to diversify and take advantage of growing international demand for the metal.An email about the upcoming approval was sent internally last week, according to one of the people who was not authorized to discuss the matter publi...Read More

Investing.com - A stronger U.S. dollar and rising U.S. government bond yields could represent a significant headwind for gold this week despite Friday’s gains, as the precious metal’s inverse relationship to the greenback continues to offset safe haven demand.With a fairly light week on the economic calendar investors will continue to monitor the effects of rising U.S. government bond...Read More

Analysts at Raymond James are lowering their forecasts for zinc and copper prices.For the fourth quarter, the analysts have changed their zinc price forecast to US$1.20 per lb. from US$1.40 per lb., and for 2019 they have trimmed their target price from US$1.30 per lb. to US$1.20 per lb. In 2020 they forecast a zinc price of US$1.10 per lb., down from their previous estimate of US$1.20 per lb.For...Read More

Kazakhstan is an "overlooked powerhouse" and one of the world's next big investment destinations was the message delivered to over 200 business leaders who attended the Kazakhstan Global Investment Forum in London yesterday.Several billion pounds of inward investment is expected to enter Kazakhstan over the next five years, as global organizations seek to benefit from a streamlining of government...Read More

Gold mining ETFs have picked up over the past week led by a surge in demand from India and lower trade tensions.Read full newsRead More

(Bloomberg) -- Call it the shot heard ’round the gold industry.As more than 1,100 gold mining executives, metals analysts and investors made their annual retreat to the mountains of Colorado, all anyone seemed to want to talk about was the deal that was announced just hours earlier. Mark Bristow, the outspoken chief executive officer of Randgold Resources (LON:RRS) Ltd. who helped arrang...Read More

LONDON, Sept 19 (Reuters) - Base metals producer Central Asia Metals (CAML) on Wednesday reported a more than doubling in first-half revenue and profits following the acquisition of a mine in Macedonia and said it was actively looking for new opportunities to expand.Aim-listed CAML bought the Sasa zinc and lead mine in Macedonia in September 2017 for $402.5 million, with a combination of deb...Read More

Investing.com - Gold prices headed higher on Wednesday as the dollar held steady with news flow over trade at a standstill.At 10:37 AM ET (14:37 GMT), gold futures for December delivery on the Comex division of the New York Mercantile Exchange rose $4.60, or 0.38%, to $1,207.50 a troy ounce.China struck a conciliatory tone on Wednesday, as Premier Li Keqiang told a World Economic Forum conference...Read More

Securing financing is the most critical component of how junior mining companies survive market downturns and advance exploration projects.Read full newsRead More

Barrick Gold Corp. may slash 400 jobs and involve Chinese partners in its troubled Tanzania operations, Executive Chairman John Thornton told the Globe and Mail newspaper.The Toronto-based company has slashed middle management by half to about 700 and "we want to get it down to 300," Thornton, who's been in his role since 2014, told the Globe in an interview in London. The former Goldman Sachs Gro...Read More

Investing.com - Gold prices were flat on Monday morning trade in Asia after a week of gains.Demand for gold, a safe haven asset, has increased over the past few weeks driven by threats of a sharply escalated trade war between the U.S. and China and ongoing currency crises in various emerging markets – from Turkey to Argentina.Gold Futures for December delivery were trading down 0.04% at $1,1...Read More

Investing.com - Gold prices gained on Friday as reports that U.S. President Donald Trump was considering plans to impose tariffs on $200 billion in Chinese imports as soon as next week weighed on market sentiment.Gold futures for December delivery was at a trading price of $1,211.5 per troy ounce, up by 0.6%, at 1:10AM ET (05:10 GMT) on the Comex division of the New York Mercantile Exchange.The pr...Read More