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) - Tiffany has lost the latest round of its seven-year trademark battle with the warehouse club giant Costco.The New York-based jeweler has been challenging its sale of generic diamond engagement rings bearing the "Tiffany" name.Tiffany & Co was awarded $21m in damages in 2013 after a US district judge ruled that Costco had acted in bad faith by using its name to describe setting...Read More

(IDEX Online) - Pandora posted a second-quarter loss of $27.9m and warned that recent surges in COVID-19 infections would continue to stall its recovery.By contrast, the Danish jewelry retail giant, best known for its charm bracelets, made a Q2 profit of $84.3m in 2019.The pandemic forced the closure of 90 per cent of its 7,300 outlets and in Q1 of 2020 saw the company report a $3.5m loss. Revenue...Read More

(IDEX Online) - Alrosa will again permit zero buyouts at its August tender, in the face of continued weak demand, it said today.The Russian state-owned miner adopted the same policy last month, when rough sales plunged to just $22.7m.Buyers will have the option of visiting Alrosa's office in person this month, travel restrictions permitting, or viewing goods online.The miner maintains a price...Read More

(IDEX Online) - Indian gem and jewelry manufacturers will "meet" international buyers online as their Buyer-Seller Meet goes virtual for the first time.Organizers GJEPC say the event, using high-end cameras to showcase goods, will "give buyers an experience better than the real one".The usual live event, with face-to-face meetings, has been canceled because of the COVID-19 pandemic.The GJEPC is ex...Read More

(IDEX Online) - A number of extremely rare purple diamonds have been unearthed at the Ellendale field in Western Australia.Junior miner India Bore Diamond Holdings found fancy yellow diamonds at a large alluvial deposit, but tests by the Delta Diamond Laboratory, in Perth, revealed that many featured a highly rare and attractive purple fluorescence under ultraviolet light (see picture).Ellendale f...Read More

Warren Buffett has never been a big fan of gold. At Berkshire Hathaway's annual general meeting in 2005, the billionaire investor said the precious metal "would be way down on my list as a store of value" and "I would much prefer owning a hundred acres of land near Nebraska, or an apartment house, or an index fund." And while that response to an investor's question is now fifteen years old - his v...Read More

Corvus Gold (TSX: KOR; NASDAQ: KOR) has released the results of 10 holes completed at its Mother Lode project in Nevada. The drill program has expanded the Central Intrusive (CIZ), Upper Oxide and North targets, and returned higher than expected grades from the Main zone sulphide unit.Drill highlights from the Central Intrusive include 29 metres of 2.21 grams gold per tonne starting at 468 metres;...Read More

U.S.-based Odyssey Marine Exploration hasn't given up its intentions to move forward with a phosphate seabed mining project in Mexico's Exclusive Economic Zone (EEZ), despite two permit rejections.The Florida-based company, through its Mexican subsidiary Exploraciones Oce??nicas, aims to dredge phosphate sands from one of the American continent's biggest deposits of the fertilizer.The asset, locat...Read More

Silver One Resources (TSXV: SVE; US-OTC: SLVRF) has released an updated resource estimate for the heap leach pads at its Candelaria project, 209 km southeast of Reno, Nevada.Indicated resources stand at 22.2 million tonnes, grading 42.1 grams silver per tonne (based on fire assay grades), and contain 30 million oz. silver, with an additional 11.5 million inferred tonnes, at 41.8 grams silver per t...Read More

Americas Gold and Silver (TSX: USA) has announced drill results from two holes at its Galena complex in the Silver Valley of northwest Idaho, 3 km west of Wallace in Shoshone County. The Galena Complex consists of the operating Galena mine, the Galena processing plant, the Coeur mine, and the Coeur processing plant, both of which are on care and maintenance, and the Caladay exploration project.Dri...Read More

This week marks the 200th episode of The Northern Miner Podcast with a double-header extravaganza featuring Canadian Mining Journal news editor Magda Gardner and B2Gold president and CEO Clive Johnson. Magda discusses the surprising intricacies of compiling a list of Canada's top 40 mining companies, while in our Thought Leadership segment, Clive describes how he helped take B2Gold from an idea to...Read More

BHP (NYSE: BHP; LSE: BHP), the world's largest miner, will decide whether to go ahead with its long-delayed multi-billion dollar Jansen potash project in Canada by mid-2021, about a decade after completing a feasibility study on the operation.The company had planned to make an investment decision in February 2021, but delays relating to the completion of shafts have pushed out the date by a few mo...Read More

Last year, when Australia-based major Newcrest Mining announced it would buy a 70% interest in Imperial Metals' Red Chris mine, CEO Sandeep Biswas called BC a tier-one jurisdiction.Read More

The company, which was on track to beat its FY19 record sales in the first nine months of FY20, took a hit from the slowdown in major mining regions in the fourth (June) quarter. Its full-year revenue came in 2.5% lower at A$237.7 million, while FY20 net profit after tax was down 21% at $21.76 million despite EBITDA margins improving from 21.5% to 24.4% in the latest year.Six weeks into fiscal 202...Read More

Warren Buffett has perhaps the worst diet of anyone I've ever seen...He's almost monk-like in his dedication to cheeseburgers, ice cream, and candy, while washing it down with enough Coke to kill a small rodent. The Oracle of Omaha isn't shy about it: he's been quoted that he eats like a child."I checked the actuarial tables, and the lowest death rate is among 6-year-olds, so I decided to eat like...Read More

Helium has a peculiar and very interesting fact attached to it: it is the only element discovered out of Earth before it was discovered on...Read full newsRead More

Steppe Gold Limited (TSX:STGO) (Read full newsRead More

Carlyle Commodities Corp. (CSE:CCC) (FSE: 1OZA) (OTC Pink: DLRYF) (Read full newsRead More

Oklahoma shale driller Chaparral Energy Inc filed for Chapter 11 bankruptcy protection on Sunday, the latest U.S. energy sector casualty in recent months as COVID-19 crushes oil demand.Read full newsRead More

China's diesel demand is likely to hit a record this year powered by trucking activity, as Beijing's aggressive stimulus fuels a construction and delivery boom and a speedy recovery in heavy machinery sales, analysts say.Read full newsRead More