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

Artemis all set thanks to unique approachSPONSOREDartemis resourcesDeGrussa produced 19,313 tonnes of copper and 13,541 ounces of gold at C1 cash costs of just US51c per pound in the June quarter.Read More

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesMining is a tough business. With so many required steps from exploration to production, each needing to be taken in...Read More

Auryn Resources (TSX: AUG; NYSE: AUG) is acquiring Eastmain Resources (TSX: ER) in an all-share deal valued at C$121 million. The transaction will create a new firm, Fury Gold Mines, as well as two independent spin-out entities that will hold Auryn's Peruvian projects. The deal was announced on July 29."Fury Gold will combine the high-grade gold projects: Committee Bay in Nunavut, Homestake Ridge...Read More

The London Court of International Arbitration (LCIA) has recently rendered a final award in favour of Canadian uranium miner Denison Mines (TSX: DML) for the previously disclosed arbitration proceedings between the company and Czech-based firm Uranium Industry (UI).In November 2015, Denison completed the sale of its mining assets and operations located in Mongolia to UI pursuant to an amended...Read More

Probe Metals (TSXV: PRB; US-OTC: PROBF) has entered into a joint venture (JV) agreement with Midland Exploration (TSX: MD) on the Detour Gaudet-Fenelon project, located 75 km northwest of Matagami, Quebec.Under the agreement, Probe and Midland will each have a 50% participating interest in the JV project, with Probe as the project's operator and each party funding its proportionate share of the...Read More

Rio Tinto (ASX, LON, NYSE: RIO) is once again discussing the development of the controversial large-scale Simandou iron ore project in Guinea, as half-year earnings support an investment case for the steel-making material.Iron ore, once again, made the lion's share of the world's second-biggest miner's profits for the first half of the year. The commodity has defied pessimistic predictions, climbi...Read More

Agnico Eagle Mines (NYSE, TSX: AEM) reported on July 29 a near four-fold increase in quarterly profit, owing to a surge in gold prices and a reduction in exploration costs during the second quarter of 2020.For the three-month period ended June 30, the Canadian gold miner posted a net income of US$105.3 million, or 43 ? per share, compared to US$27.8 million, or 12 ? per share, a year earlier.Accor...Read More

More than 90% totalling $4.2 billion was paid in Brazil, where the bulk of its operations are located.The company said the total amount paid corresponded with more than 10% of its total economic contribution last year, estimated at about $31.8 billion, besides operational costs, salaries and employee benefits, among others.The report sets out the principles behind Vale's approach to tax and invest...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesHeadline earnings per share for the June quarter came in at C1c, above consensus estimates.Revenues jumped 84% sequentially to $91.1 million, resulting in positive cash flow of $41.5 million and adjusted EBITDA of $15.7 million.Artemis all set thanks to unique approachSPONSOREDartemis resourcesRevenues benefited from the positive m...Read More

CEO John McCluskey this week characterised the June quarter as one of the "most challenging" to date, given the COVID-19 pandemic's various impacts. However, the company had "adapted well" and by June both Island Gold, in Ontario, and Mulatos, in Mexico, had safely returned to normal operating levels.Headline earnings for the three months ended June 30 fell 45% year-on-year to US$9.8 million, or 3...Read More

I'm not a gold bug...I've always operated by the old Mark Twain quote that the definition of a gold mine is "a hole in the ground with a liar standing at the top."When I used to think of gold investing, I imagined an old prospector panning for it in a shallow creek, wearing a ragged hat and muddy overalls. I pictured end-of-the-world preppers screaming about burying gold in your backyard before th...Read More

NEW YORK, July 28, 2020 /PRNewswire via COMTEX/ --NEW YORK, July 28, 2020 /PRNewswire/ -- Already one of the largest and highest-grade gold producing...Read full newsRead More

Rio Tinto Ltd said on Monday it discovered gold-rich deposits at its Winu project in Western Australia and indicated the potential for a major new copper and gold mine in the region.Read full newsRead More

Gold and silver are firm before the FOMC. There is expectation that Federal Reserve will reiterate of easy monetary policy for a very long time. Federal Reserve and most central banks will tolerate higher inflation for the rest of the year and next year. This is one of the reason why gold and silver prices are rising. I have been saying for quite a while that global economic growth in the third...Read More

Gold and silver are firm before the FOMC. There is expectation that Federal Reserve will reiterate of easy monetary policy for a very long time. Federal Reserve and most central banks will tolerate higher inflation for the rest of the year and next year. This is one of the reason why gold and silver prices are rising. I have been saying for quite a while that global economic growth in the third...Read More

GOLDEN RIDGE RESOURCES LTD. announces it has closed its previouslRead full newsRead More

Triumph Gold Corp is pleased to announce plans for the upcoming eRead full newsRead More

Puma Exploration Inc., PUMA-TSXV, has increased its land packageRead full newsRead More

Getchell Gold Corp. announces that the Company's shares having clRead full newsRead More

Steppe Gold Ltd. is very pleased to provide an update on the BankRead full newsRead More