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

The African Centre for leadership, Strategy and Development (Centre LSD) has lauded the President Muhammadu Buhari administration for initiating the Presidential Artisanal Gold Mining Development Initiative.The initiative put together by the Buhari administration was to develop gold mining in the country.The Executive Director of the centre, Mr. Monday Osasah who made the commendation on Saturday...Read More

Benchmark Metals Inc. is a mineral exploration company focused on the Lawyer's Gold and Silver project, located in the Golden Triangle of BC, Canada.Read full newsRead More

BP chief forecasts 10-fold increase in US biogas production by 2030 We need to accelerate the transition to renewable fuels Biogas has a significant role to play despite clamour for electrification New markets include rail, maritime, and industrial applications BP's...Read full newsRead More

Only covid vaccine hopes has resulted in global stock markets rising. Silver has to trade over $2020 today to rise quickly. Gold is rising from factors such as US imposing ban on certain Chinese companies due to its treatment of Muslim minorities and US presidential election drama. UK Pound should rise after Bank of England governor said that UK has recovered half of its output lost in March-Apr...Read More

Only covid vaccine hopes has resulted in global stock markets rising. Silver has to trade over $2020 today to rise quickly. Gold is rising from factors such as US imposing ban on certain Chinese companies due to its treatment of Muslim minorities and US presidential election drama. UK Pound should rise after Bank of England governor said that UK has recovered half of its output lost in March-Apr...Read More

The Hibernia oil platform in Canada was shut after a discharge of drilling and production fluids, the Hibernia Management and Development Co (HMDC) said late on Monday.Read full newsRead More

Emgold Mining Corporation is pleased to announce that it will conRead full newsRead More

Jiangxi Copper has sold 1.2 million shares in First Quantum Minerals (TSX: FM; LSE: FQM), according to SEDI filings, BMO reported.The sale represents less than about 0.2% of First Quantum's roughly 689 million common shares outstanding. Jiangxi Copper bought an 18.6% equity stake in the miner in December 2019 and remains First Quantum's largest shareholder.BMO analyst Jackie Przybylowski said Jian...Read More

Iron ore production on an attributable basis was 248 million tonnes for the year, or 281Mt on a 100% basis, meeting guidance of 242-253Mt or 273-286Mt, respectively.Read More

Share this articleTORONTO - Iamgold Corp. says it is going ahead with its US$1.3-billion Cote Gold mine in northern Ontario as world gold prices reached nine-year highs over US$1,830 per ounce.Construction of the project, which is 30 per cent owned by Sumitomo Metal Mining Co., will start this summer with preparatory work including fish salvage, camp preparation and road access development.T...Read More

(IDEX Online) -  Fugitive Indian jeweler Mehul Choksi is facing new charges, that he sold lab-grown diamonds, claiming they were mined.He is already a key suspect, along with his nephew Nirav Modi, in an alleged $1.85bn fraud against the Punjab National Bank (PNB).New charges brought by India's Enforcement Directorate (ED) detail claims that he cheated top executives in India, Dubai, Hon...Read More

(IDEX Online) - An Australian goldsmith has crafted the world's most expensive chess set, costing $4m.The pieces are made of 18k white gold, adorned with a total of 513 carats of fine white diamonds, South Sea pearls and AAA Ceylon Blue sapphires.  Colin Burn's Pearl Royale chess pieces replicate those from the standard 1849 Staunton set found in millions of homes, made origina...Read More

(IDEX Online) - A new State of the Industry report in Australia reveals that nine out of 10 stores that were selling fashion jewelry in 2010 have since closed.Six of the seven chains that were then trading have either collapsed or moved entirely online, according to Jeweller magazine, which researched the report.There were 378 fashion jewelry stores across the country in 2010, it says.  Ninet...Read More

Asiamet Resources: Copper's Best Kept SecretSPONSOREDasiamet resourcesScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesIron ore production on an attributable basis was 248 million tonnes for the year, or 281Mt on a 100% basis, meeting...Read More

Asiamet Resources: Copper's Best Kept SecretSPONSOREDasiamet resourcesScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesCanada's System for Electronic Disclosure by Insiders recorded the transaction last week, prompting some market obse...Read More

Iamgold (TSX: IMG) and 30% joint-venture partner Sumitomo Metal Mining have decided to move ahead with their C??t?(C) gold project in northern Ontario.Construction at the US$1.3 billion, open-pit project is slated to begin in the third quarter, with commercial production expected in the second half of 2023. Over 60% of detailed project engineering is already complete.Iamgold estimates its 70% of t...Read More

Skeena Resources (TSXV: SKE; US-OTC: SKREF) has released a maiden underground resource for its wholly owned Snip gold project, within B.C.'s prospective Golden Triangle.The resource is made up of the Main-V, Main-S and Twin West zones, and includes 539,000 indicated tonnes grading 14 grams gold per tonne containing 244,000 oz. gold, as well as 942,000 inferred tonnes, at 13.3 grams gold per tonne,...Read More

Drill results from Radisson Mining's (TSXV: RDS; US-OTC: RMRDF) wholly owned O'Brien project in Quebec include high-grade intercepts from areas below current resource boundaries and from zones around the existing deposit.Drill highlights include 32 metres of 3.07 grams gold per tonne from the Upper 36E area at a vertical depth of 430 metres. The hole was drilled near the western boundary of the de...Read More

This week's episode features the first of a two-part interview with Iamgold president and CEO Gord Stothart at the Canadian Mining Symposium, held on Zoom on June 16, 2020. Online editor Adrian Pocobelli asks Gord about the genesis of the name Iamgold, his career path, how the company is dealing with the coronavirus at its mine sites and security in West Africa.Gordon Stothart joined Iamgold at t...Read More

Northern Dynasty Minerals (TSX: NDM) is poised to clear the last hurdle for its proposed Pebble copper-gold mine in Alaska this week, the regulatory chief for the U.S. Army Corps of Engineers in the state said.Speaking to reporters late on July 20, Dave Hobbie said a final environmental impact statement (EIS) recommending the development of the US$100 billion mine will be published in the Federal...Read More