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

President and CEO of the Mining Association of Canada (MAC), Pierre Gratton said the worker inaction stacked on top of other national supply chain disruptions brought about by COVID-19, Indigenous rights demonstrations, and railway strikes late last year lowered the country's competitiveness on the international stage."On the backdrop of massive supply chain disruption, and unprecedented reputatio...Read More

(IDEX Online) - Australian miner Lucapa has restructured $13m of loan repayments after the pandemic saw rough sales plunge by 80 per cent.It said major financiers and shareholders, Equigold, New Azilian, and the Industrial Development Corporation of South Africa had deferred loan repayments from 2020 to 2022 and beyond.Managing director Stephen Wetherall said the amendments reflected an understand...Read More

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

Berkshire Hathaway's only new purchase in the second quarter was Barrick Gold, which doesn't indicate confidence in a quick economic recovery. Read full newsRead More

Berkshire Hathaway's only new purchase in the second quarter was Barrick Gold, which doesn't indicate confidence in a quick economic recovery. Read full newsRead More

Australian shares rose on Friday, buoyed by gains in gold stocks and the central bank's reassurance on policy measures to ease the economic pain of the coronavirus crisis.Read full newsRead More

See what the mainstream does and then do the opposite. It's fair to say that's been a guiding principle here at the Outsider Club since the beginning, and it's one that has served the readers well. With headlines that have been popping up recently, it might be time to remind you that going against the grain could be the best choice you can make financially in these strange times we live in. The...Read More

U.S. crude oil shipments to China will rise sharply in coming weeks, U.S. traders and shipbrokers and Chinese importers said, as the world's top economies gear up to review a January deal after a prolonged trade war.Read full newsRead More

Capital 10X has put together an investing series looking at the most promising states for cannabis investment. We begin with Nevada, the state with the highest ticket sales.Read full newsRead More

Lots of news flow from NV Gold recently as they are mobilizing for geophysical surveys at Slumber Gold Project and Sandy Gold Project in Nevada, and preparin...Read full newsRead More

The gold prices plunged yesterday. But this correction won't last for a long time, I think. Here're the best UK mining shares I'd buy now. The post Yes, gold prices will shine again. The best UK mining shares I'd buy now appeared first on The Motley Fool UK.Read full newsRead More

The gold prices plunged yesterday. But this correction won't last for a long time, I think. Here're the best UK mining shares I'd buy now. The post Yes, gold prices will shine again. The best UK mining shares I'd buy now appeared first on The Motley Fool UK.Read full newsRead More

Shandong Gold Mining, one of China's top bullion miners, said its acquisition of a Canadian junior that owns the massive Hope Bay property in Nunavut should be approved for economic reasons.In May, the Chinese state-controlled miner signed a US$149 million deal to buy struggling TMAC Resources (TSX: TMR). The company, which went public in 2015, had seen its shares fall from a peak of C$10.77 in 20...Read More

The MAC royalty generated EBITDA of $48 million in the June half, up 16% due to strong iron ore prices. The new business has been named Deterra Royalties.Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe company is moving ahead with permitting and feasibility study work and says "a major component of this study [is] finding a solution for clean energy".The power agreement with CNEL confirms availability of a regional substation 7.5km from La Plata, and "allows the streamlining of the electrical power [69kv] supply to the projec...Read More

Falcon Gold (TSX-V: FG) has reported positive drill results from a second hole at its flagship Central Canada gold project, located 22 km east of Atikokan and 160 km west of Thunder Bay in north-western Ontario.Drill hole 20-02 intersected 1 metre grading 23.11 grams gold per tonne starting from 35 metres downhole. Assays from the first hole, 20-01, returned high-grade gold mineralization over 3...Read More

Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) said on Aug. 13 that the Pebble Partnership has written to the Inspectors General of the U.S. Army, the U.S. Department of Defense and the U.S. Army Corps of Engineers (USACE), joining the call for a review of the USACE's management of the Pebble Project Environmental Impact Statement (EIS).The move comes after the U.S. Congress House Committee on Ov...Read More

China has approved the merger of two of Shandong province's top state-owned coal miners, Shandong Energy Group and Yankuang Group. The combined company, China's second-largest coal producer after China Energy Investment Corporation (CEIC), will operate under the name Shandong Energy Group.The new entity is expected to account for close to 7% of the country's total coal output. China is the world's...Read More

Week 31 (07/08/2020-13/08/2020) Company news Americas Barrick Gold announces it is on track to achieve annual production within its 2020 guidance range, despite the impact of the COVID-19 pandemic.Read More

After rocketing to a new record high above $2,000 per ounce, gold has taken a bit of a breather. That was expected.No stock or commodity shoots straight up. So if you see a chart like this......You know things are going to turn south at some point.Nevertheless, all indications are that this is, in fact, a mild and temporary correction. As we've discussed, U.S. monetary policy is such that infla...Read More