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

Based on the strong economics of the Phase III Expansion study for the Island Gold mine in Ontario, which includes a new 1,373-metre shaft, Alamos Gold (TSX: AGI; NYSE: AGI) announced that it is proceeding with an expansion of the underground mine to 2,000 tonnes per day, up from 1,200 tonnes per day.The expansion study outlines average gold production of 236,000 oz. annually starting in 2025, onc...Read More

Kinross Gold's (TSX: K; NYSE: KGC) Lobo-Marte gold project in northern Chile could produce a total of 4.5 million oz. gold over a 15-year mine life at an estimated cost of US$995 million, according to a newly released prefeasibility study (PFS).The nearly US$1-billion price tag for the project, located in the country's Maricunga mining district, includes a US$230 million contingency.The project wo...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Asiamet Resources: Copper's Best Kept SecretSPONSOREDasiamet resourcesIronRidge shows its mettleSPONSOREDironridge resources Saturday papers are not what they were. Time was, when the weekend rag was something to behold.Read More

Russian miner Nordgold (LSE: NORD) is offering to buy all shares in Ghana-focused Cardinal Resources (ASX: CDV) it does not already own, valuing the Australian-listed company's equity at A$347 million (US$243 million).Nordgold, whose non-executive chairman is billionaire Alexey Mordashov, is Cardinal's largest shareholder with a voting power of almost 19%.The Moscow-based company had attempted to...Read More

Cornerstone Capital Resources (TSXV: CGP) plans to call a meeting of SolGold's (TSX: SOLG; LSE: SOLG) shareholders to replace the company's entire board, the investor said today.The move by the Ontario-based junior, which has an 8% interest in SolGold, comes after it rejected the Ecuador-focused mining company's second takeover approach on July 14."The current SolGold board is incapable of managin...Read More

Putting nature above business considerations has the potential to generate 395 million jobs and US$10 trillion in business opportunities by 2030, the World Economic Forum (WEF) says in a new report.Unprecedented job losses and economic uncertainty due to the coronavirus pandemic have governments looking at ways to stimulate growth safely. Experts at the WEF say the answer can be found in what they...Read More

Editor's Note: I first introduced you to Reconnaissance Energy Africa a little over a month - and 70% - ago (interview here). Founder Craig Steinke calls it "the highest-impact oil and gas play in the world right now." His company is about to ship a rig to the Kavango Basin in Namibia, which it entirely controls. It'd be like if one company controlled the entire Eagle Ford. I recap recent explorat...Read More

There's a major overlooked risk in the gold market, and the mainstream media isn't talking about itRead full newsRead More

The fall in silver and gold is just profit taking and should be used to go long or invest. Crude oil should crash (on demand fundamentals) but is not even correcting. New investors of precious metals and industrial metals are waiting for correction to invest. Pension's funds have to give pensions to pensioners. They have increased their portfolio allocation to gold. Silver price will break past...Read More

The fall in silver and gold is just profit taking and should be used to go long or invest. Crude oil should crash (on demand fundamentals) but is not even correcting. New investors of precious metals and industrial metals are waiting for correction to invest. Pension's funds have to give pensions to pensioners. They have increased their portfolio allocation to gold. Silver price will break past...Read More

GoldSeek's Chris Marchese is particularly optimistic about silver, which he thinks could hit a new all-time high relatively soon.Read full newsRead More

FireFox Gold Corp. is pleased to announce that following its overRead full newsRead More

Otso Gold Corp. announces that it will not be filing its auditedRead full newsRead More

Granada Gold Mine Inc. is pleased to announce that it has completRead full newsRead More

Signature Resources Ltd. announces that the company has acquiredRead full newsRead More

Kerr Mines Inc. is pleased to announce that it has entered into aRead full newsRead More

Western Copper and Gold Corporation announces an updated resourceRead full newsRead More

/CNW/ - Granada Gold Mine Inc. (TSXV: GGM) (theRead full newsRead More

The company has identified a resource of 14.6 million tonnes containing 201,652 tonnes of tin at Nazareth, reported local media.Minsur is working on a tailings reprocessing project near its San Rafael mine in Ica called B2 with an investment of US$200 million.It is also building the Mina Justa copper mine, which in May was 90% complete. Mina Justa will produce 140,000-150,000 tonnes a year for 16...Read More

Share this articleTORONTO - New Gold Inc. is reporting lower production from its Rainy River and New Afton gold mines in Canada during the second quarter, in part due to COVID-19 disruptions.Gold production at Rainy River dropped to 48,800 ounces in the three months ended June 30 from 50,400 ounces in the first quarter after the mine was closed for 12 days so its workers could follow the two-we...Read More