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) - Consumers in the US now have more disposable cash for diamond purchases, having canceled vacations and other "experience" spending, says De Beers.Almost half (44 per cent) of the 500 adults surveyed said coronavirus had freed up their savings, and over two thirds said they had money available that had been earmarked for flights and accommodation.One in eight who had canceled travel...Read More

(IDEX Online) -  Gem Diamonds has unearthed a 442-carat Type II stone, reckoned to be worth $18m, at its Letseng mine, in Lesotho.Let?... ?eng is the highest dollar per carat kimberlite diamond mine in the world and has yielded 60-plus white gem quality diamonds over 100 carats since it was acquired by London-based Gem, in 2006."The recovery of this remarkable 442 carat diamond, one of the wo...Read More

(IDEX Online) -  Sales of fancy color diamonds have again been too slow for trade body the FRCF to produce a quarterly price index.But it says it can see signs of a recovery for Q3.The Fancy Color Diamond Index (FCDI) tracks changes in wholesale buying prices of yellow, pink and blue stones.In April, as the coronavirus pandemic hit, the Fancy Color Research Foundation (FCRF) said there was in...Read More

Subsidiary Pebble Limited Partnership said the permitting process continued to move forward amid reports the US Army Corps of Engineers (USACE) was going to publish details about its approach to wetlands mitigation for the project on Monday.The Pebble Partnership responded to a Politico article claiming Trump had plans to block the project."We firmly believe that the implication pushed by Politico...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesSubsidiary Pebble Limited Partnership said the permitting process continued to move forward amid reports the US Army Corps of Engineers (USACE) was going to publish details about its approach to wetlands mitigation for the project on Monday.The Pebble Partnership responded to a Politico article claiming Trump had plans to block the...Read More

Elon Musk promises a "giant contract" with the miner that can supply nickel for Tesla Inc. batteries at low cost with minimal environmental impact, yet the industry's messy track record may make that deal difficult to clinch.Read full newsRead More

Exxon Mobil Corp is limiting output at its flagship offshore project in Guyana to 100,000 barrels-per-day (bpd) due to more issues with the reinjection of natural gas, the South American country's environmental regulator said on Friday.Read full newsRead More

Federal approval of a controversial gold and copper mine in Alaska that would be the largest in North America may be put on hold on hold after a small group of influential Republicans launched a full-court press to block the project.Read full newsRead More

In the summer of 1925, the discovery of gold in northwestern Ontario's Red Lake region triggered the last great gold rush in North America.At the height of the gold rush, in 1926, more than 3,000 people had converged on the region.By 1936, Howey Bay, in the heart of Red Lake, was the busiest airport in the world, transporting freight and passengers in and out of the goldfields every 15 minutes.To...Read More

Most people know Nexus Gold (TSXV: NXS; US-OTC: NXXGF) from its portfolio of five gold projects in Burkina Faso, in particular its flagship near-surface Bouboulou orogenic gold deposit.But securRead full newsRead More

The 30c units have half-warrants attached entitling the holder to buy an additional 70c share within two years.Aldebaran, spun out of Regulus Resources in 2018, says its two biggest shareholders, Route One Investment Company (49.48%) and Sibanye Stillwater (19.9%) have indicated they will take up their pro-rata share of the placement.Aldebaran is working on a new mineral resource estimate for its...Read More

The company reported a net loss after tax of US$182.7 million, including a loss of $158 million attributable to equity holders, due to COVID-19, lower commodity prices and sales volumes."The recent recovery, while welcome, does have a degree of uncertainty to it," MMG CEO Geoffrey Gao said on a conference call.Revenue fell 14% to $1.19 billion, while net cash generated from operations rose 26% to...Read More

Mastermyne CEO Tony Caruso said the company started FY21 well positioned with a record order book and a strong pipeline of projects."Like last year we will focus on our operating discipline while investing in growth of our business through whole-of-mine projects and expansion into other commodities," he said."With this order book, pipeline and growth strategy we are set up for another excellent ye...Read More

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyLithium no quiet place for AVZSPONSOREDavz mineralsScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Element 25's Butcherbird on songSPONSOREDelement 25The company reported a net loss after tax of US$182.7 million, including a loss of $158 million attributable to equity holders, due...Read More

A year ago, Glencore (LSE: GLEN) announced it was halting operations at its Mutanda copper-cobalt mine in the Congo, breathing life into a market that was trading at levels 70% below its peak hit 18 months previously.Given that Mutanda is the world's largest cobalt mine and responsible for a fifth of global output in a market of only 135,000 tonnes per year, market reaction was muted. Congo domina...Read More

Iamgold (TSX: IMG; NYSE: IAG) has delayed the sale of its Sadiola gold mine in Mali, a joint venture with South Africa's AngloGold Ashanti (NYSE:AU), as the country reels from a coup, the second in less than ten years.The Toronto-based miner and its partner reached a US$105 million deal in December to sell their 82% combined stake (41% each) in the gold project to Australia's Allied Gold.The trans...Read More

AngloGold Ashanti (NYSE: AU) will have to keep trading shares in South Africa to conclude the sale of its last remaining assets in the country to rival Harmony Gold (NYSE: HMY), a government official said today.The company, which announced the sale of its remaining asset in its home country earlier this year for US$300 million, must also keep its headquarters in Johannesburg, the source from the D...Read More

Ontario's long-standing mining legacy, availability of geological data and established track record with mineral explorers, developers and producers, position it as a world-class destination for the industry. Below, we provide an overview of eight companies with assets in the province. Argonaut GoldAn aerial view of Argonaut Gold's Magino gold propery in Ontario, located 14 km southeast of Dubreu...Read More

David Daoud, vice president of exploration and geology at newly listed Sun Peak Metals (TSXV: PEAK), was part of the exploration teams that discovered the Bisha and Asmara gold deposits in Eritrea when he worked for Nevsun Resources and its sister company, Sunridge Gold, in the early 2000s.Now he believes there is an opportunity to repeat those two home-runs across the border in Ethiopia at the Sh...Read More

YES! It's possible for YOU to become a millionaire on gold stocks.As I'm sure you've seen on the news, the price of gold is SOARING... turning what was already an amazing opportunity into a must-act-now, life-changing moment.How?It's all thanks to the expertise of renowned gold guru Gerardo Del Real.He's spent the last decade developing a one-of-a-kind system that pinpoints which gold stocks are...Read More