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

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

(IDEX Online) - Southstone Minerals reports further discoveries of very large and high-quality diamonds at its alluvial Oena mine, in South Africa.Output for Q3 (March to May) was severely impacted by coronavirus and an enforced five-week shutdown, down almost two thirds on the previous quarter.But the Canada-based junior miner said it had recovered 23 stones over 10 carats from the 8,800-hectare...Read More

(IDEX Online) - India is allowing companies more time to have diamonds graded and certified abroad without having to pay duty, in response to coronavirus.Polished diamonds are routinely sent to labs overseas, but have been subjected to delays because of the COVID-19 pandemic.  They are normally subject to duty if they are out of the country for over three months.India's Central Board of...Read More

(IDEX Online) - Migrant diamond workers are deserting Surat, India's cutting and polishing capital as COVID-19 cases spike and factories remain closed.They're returning in their thousands to villages elsewhere in Gujurat, with local media estimating that only 20 per cent of the diamond workforce remains in the city.Surat's once-thriving diamond industry was locked down on 1 July aft...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe revised resource, prepared by USA-based Independent Mining Consultants, is the first new estimate since 2010 and incorporates results from 2019 and earlier (2010 to 2012) drilling in an updatedRead More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe anomaly was discovered by a high resolution, drone-mounted, magnetic survey following an updated geological interpretation for Marimaca, which indicated strong potential for sulphideRead More

Look beyond market approach to project valuations: van ZylLeadershipCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Asiamet Resources: Copper's Best Kept SecretSPONSOREDasiamet resourcesThe company said Scotiabank, on behalf of a syndicate of underwriters, had agreed to buy 643.7 milli...Read More

An updated preliminary economic assessment (PEA) for Rockhaven Resources' (TSXV: RK) wholly owned Klaza gold project in the Dawson Range gold belt outlines a 12-year, combined open-pit and underground operation producing gold and silver dor?(C) as well as lead and zinc concentrates.With total payable metals production of 750,000 oz. gold and 13.8 million oz. silver over 12 years at all-in sustaini...Read More

Alamos Gold (TSX: AGI; NYSE: AGI) has released exploration results from its Island Gold mine in Ontario, which extend high-grade areas at the Island East and Main zones, as well as at Island West.The majority of the notable intercepts in the company's latest news release are from the E1E zone and confirm the vertical continuity of this area over up to 1.2 km, between depths of 300 metres and 1,500...Read More

This week's episode features the second of a two-part interview with CPM Group managing partner Jeffrey M. Christian at the Canadian Mining Symposium, held on Zoom from June 16-18, 2020. MINING.com executive editor Frik Els asked Christian about his views on commodities, including gold, tin and manganese, hydrogen engines and the next financial crisis.Jeffrey M. Christian is managing partner at CP...Read More

In its first estimate since 2010, Western Copper and Gold (TSX: WRN; NYSE-AM: WRN) has updated the resource for its wholly owned Casino project in the Yukon with more drill results that would make it one of the largest copper-gold deposits in the world.The new resource includes results from the 2019 drill program and drilling performed from 2010 through 2012 that was unavailable when the company p...Read More

B2Gold (TSX: BTO; NYSE: BTG) reported consolidated gold revenue for the second quarter of the year at a record high of US$442 million, a 65% increase from the same period last year.The mid-tier Canadian miner attributed the results to a 31% rise in the average realized gold price during the period, as well as to sales jumping by 26%.The Vancouver-based company also saw overall production increase...Read More

The numbers are coming in and they are grim.We already know that second-quarter earnings results are going to be a disaster, yet we'll get the "better than expected" bumps.It's absurd when profits are plunging into steep losses, but earnings hype has always been a charade.What I want to highlight are the "big picture" numbers emerging and, boy, are they scary.While we're talking about what corpora...Read More

Jul 13, 2020 (CNW Group) --COMTEX_367993197/2669/2020-07-13T07:00:36 Is there a problem with this press release? Contact the source provider Comtex at...Read full newsRead More

Great Bear Resources Ltd. today reported a return to pre-pandemicRead full newsRead More

MacDonald Mines Exploration Ltd. announces that, due to continuedRead full newsRead More

Russia kept fuel oil exports to the United States close to its record-highs in the first six months of this year, as Washington looks to replace the heavy Venezuelan barrels it stopped buying a year ago, traders said and data showed.Read full newsRead More

BRAZIL-INDIGENOUS/MINING (INSIGHT, PIX, GRAPHIC):INSIGHT-Amazon gold rush: illegal mining threatens Brazil's last major isolated tribeRead full newsRead More

Adapting Mining Operations to Times of InstabilityThe world economies have slowed, and commodities prices have changed significantly as demand decreases, forcing several major mining companies to revisit and adjust their plans for 2020. Regardless of size or commodity, almost all mining organizations across the world have changed the way they operate, adopting a wide variety of measures to keep st...Read More

WHO said there were 230,370 new cases in the 24 hours to 10am yesterday, taking the global tally to more than 12.5 million, while the death toll is above 561,600.The silver price strengthened towards $19/oz and gold price had risen above $1,800/oz again last week."Not much appears to stand in the way of gold challenging the all-time high of $1,921/oz set in September 2011," World Gold Council chie...Read More