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
Erdene Resource Development Corp. is pleased to announce operatinRead full newsRead More
VVC Exploration Corporation announces that it has signed a ShareRead full newsRead More
ALX Resources Corp. is pleased to announce the preliminary resultRead full newsRead More
Mining Journal - Explore the leading publication for the global mining industry: Mining Journal provides an in depth analysis of the mining sector outlook and the latest developments.Read full newsRead More
/PRNewswire/ -- Over the last decade, global demand for gold has increased constantly. Worldwide gold demand amounted to 4,356 metric tons in 2019. Demand has...Read full newsRead More
Can a mining company safely move them?Read full newsRead More
Biden said he was honoured to be chosen to lead the country, while Trump tweeted on the weekend "I won this election, by a lot!"The spot gold price was up around US$1,950 an ounce on the spot market.Metals closed mixed on the London Metal Exchange on Friday, where copper rose amid continuing reports China would ban Australian copper concentrate imports.Ontario-focused junior Stone Gold (TSXV: STG)...Read More
Higher bullion prices have triggered a surge in interest in the yellow metal, with shares in Russia's LSE-listed superstars Polyus and Polymetal soaring as a result.Read More
The warning for the metals and bulks sector comes after last week's announcement from the World Meteorological Organization of a La Nina weather event in the Pacific Ocean, predicted to bring coolerRead More
(IDEX Online) - A rare and exceptionally white eight-carat Golconda diamond has sold online for almost $1.5m.The Type IIa IF marquise-cut gem was described by sellers as "a full two shades whiter than the whitest diamond".It was recovered at the famed Golconda mines, in India, which operated in the 16th and 17th centuries, and produced diamonds of exceptional quality, clarity and whiteness due to...Read More
(IDEX Online) - Pandora says it has no plans to permanently close any of its stores worldwide, despite coronavirus.The Danish jewelry retail giant, best known for its charm bracelets, also said been paying all its 28,000 staff in full throughout the pandemic, and would carry on doing so.Chief executive Alexander Lacik (pictured) told the BBC his stores were "incredibly profitable" and could "withs...Read More
(IDEX Online) - Fugitive diamond billionaire Nirav Modi has suffered another blow in his legal bid to avoid extradition to India over an alleged $1.85bn fraud.A British court ruled that it would hear evidence against Modi from the Indian government, dismissing his lawyer's claim argument that it was not admissible.Modi, 49, (pictured) was India's most wanted man until he was arrested in...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRemote Pitram deployment puts miners in the driver's seat Amid Covid ClosuresSPONSOREDmicromine'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningThe warning for the metals and bulks sector comes after last week's announcement fro...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The latest drilling intersected further extensive zones of gold-copper mineralisation, more than doubling the size of the immediate target zone identified by the discovery drill program in SeptemberRead More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRemote Pitram deployment puts miners in the driver's seat Amid Covid ClosuresSPONSOREDmicromine'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningIn Beckett's original, Godot is a character likened to God. He is a source of consta...Read More
The Australian Trade and Investment Commission (Austrade), in collaboration with Geoscience Australia and the Department of Industry, Science, Energy and Resources, recently published the second edition of the Australian Critical Minerals Prospectus, a document aimed at highlighting the country's position on critical materials supply.To prepare the report, the Australian government examined lists...Read More
GMV Minerals (TSXV: GMV; US-OTC: GMVMF) has released the results of an updated preliminary economic assessment (PEA) for its wholly owned Mexican Hat gold project in southeastern Arizona, 116 km from Tucson.The PEA outlines an open-pit heap-leach mine with a mine life of 10 years, producing a total of 525,000 oz. gold at average all-in sustaining costs (AISCs) of US$1,136 per ounce.Initial capex i...Read More
Troilus Gold (TSX: TLG; US-OTC: SKREF) has entered into a definitive agreement to buy back a sliding 2.5% net smelter royalty (NSR) on 81 mineral claims and one mining lease (the Troilus mine) from First Quantum Minerals (TSX: FM). As consideration for this repurchase, Troilus will pay First Quantum $20 million in cash. In conjunction with this repurchase, the developer is also raising approxima...Read More
The Global Tailings Review (GTR) released the first-ever Global Standard on Tailings Management in August. The standard aims to strengthen current best practices around the management of tailings dams in the mining industry, with the goal of zero harm to people and the environment."Tailings are generated from mining activities and are usually thickened and then hydraulically pumped to tailings dam...Read More
We can agree that silver is useful. It was one of the first five metals used by humans (the others being gold, copper, lead and iron), and readers in North America will be familiar with silver's monetary and industrial applications. The latter are shaped by silver being the most reflective metal, and it having the highest electrical conductivity of any element and the greatest thermal conductivity...Read More