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

(IDEX Online) - Diamond-studded face masks are becoming the latest fashion craze in Covid-hit India.They're popular with wedding couples, who will pay up to $6,000 for a washable N95 mask encrusted with real diamonds, according to Indian media reports. Masks with lab-grown diamonds start at around $800.Lockdown means the number of guests is limited, so there's more money available to add...Read More

(IDEX Online) - Almost two thirds (62 per cent) of jewelry buyers say they'd rather buy a diamond from a bricks-and-mortar shop than online, says new research for De Beers.Even the digital-savvy Millennial and Gen-Z (those aged up to 40) still opt for in-store purchases (59 per cent), according to the Diamond Insight Flash Report, documenting the impact of COVID-19 on retail sales.Research am...Read More

(IDEX Online) - Alrosa reported another poor trading month in June, with sales of rough and polished totaling just $31.3m.That compares with $222.4m of like-for-like sales in June 2019.The Russian state-owned miner has revised down its production forecasts, postponed its July and August sales, suffered an 87 pr cent drop in profits and is pursuing a price-over-volume strategy as the COVID-19...Read More

VANCOUVER, BC, Jun 24, 2020 (Canada NewsWire via COMTEX) --Highlights: -- Creation of Gold Royalty Corp. (GRC), a new and wholly owned gold-focused royalty...Read full newsRead More

Saudi Arabia's oil giant Aramco said on Friday it will raise domestic gasoline prices for July, state news TV reported.Read full newsRead More

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

Despite the Federal Government's efforts to diversify the economy, earn more foreign exchange and create jobs, reports of illegal goldRead full newsRead More

Workers at Chile's giant copper mines are caught between the urge to protect themselves and pressure to keep the country's economy moving.Since declaring a state of emergency in March to deal with the Covid-19 pandemic, the Chilean government has tried to maintain a difficult balance between slowing the spread of the disease and shielding the economy through the inevitable downturn. Mining compani...Read More

Publisher's Note: Today we're bringing you an excerpt from an Interim Warning Bulletin from The Dines Letter.Mr. Dines keeps his readers up-to-date between monthly issues with IWBs and, with gold topping $1,800 and extreme risk in the markets, it is good to hear from him.Call it like you see it,Nick Hodge Even though many stock market averages are near their all-time highs, our Mass Psychology In...Read More

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

Traders will prefer to be long in gold and silver for the weekend. Sharp corrections (if any) should be used to go long for Monday. Crude oil should fall. Momentum for copper is very bullish. Sharp increase in COVID cases in key states in USA this week will ensure that gold and silver rise next week too. Only risk to my view is a sustained slide in US stock markets. I had written in previous rep...Read More

Traders will prefer to be long in gold and silver for the weekend. Sharp corrections (if any) should be used to go long for Monday. Crude oil should fall. Momentum for copper is very bullish. Sharp increase in COVID cases in key states in USA this week will ensure that gold and silver rise next week too. Only risk to my view is a sustained slide in US stock markets. I had written in previous rep...Read More

Baker Hughes undefined on Friday reported that the number of active U.S. rigs drilling for oil edged down by 4 to 181 this week. That followed a decline of 3...Read full newsRead More

June 2, 2020 (Source) - Granada Gold Mine (TSXV: GGM) ("Granada Gold" or the "Company") is pleased to provide an update of ...Read full newsRead More

  A bankable feasibility study calculated the project's NPV post-tax was $217 million and its IRR 27.2%.Read More

While mining is best known for supplying the world with precious and base metals, technology metals - such as lithium, cobalt and transition metals - are needed for advanced applications, such as electric vehicle batteries, superalloys and within consumer electronics. Below, we provide an overview of eight juniors with exposure to these elements. Auxico ResourcesAuxico Resources (CNSX: AUAG) is a...Read More

A new multimillion-dollar agreement between Baffinland Iron Mines and the Qikiqtani Inuit Association (QIA) that includes a substantial royalty increase, Inuit oversight of environmental monitoring and direct community benefits may have set a new standard for Indigenous involvement in mining projects.The parties' Inuit Certainty Agreement (ICA) will see the QIA's royalties from Baffinland's Mary R...Read More

Midwest Resource Finance Group, whose sole director and shareholder is AustSino executive chairman Chun Ming Ding, has agreed to subscribe for 7.7 billion shares in AustSino at 1.3c each.Read More

Sales of rough and polished diamonds amounted to US$31.3 million in June, down 22% on the May figure. The company's monthly sales totalled just over US$400 million in January."June sales were expectedly low, as we continue making every effort to maintain stability of the diamond industry and support our customers," said Alrosa's deputy CEO Evgeny Agureev.Alrosa has been offering flexible sales ter...Read More

Revolution's flagship Schedule Optimisation Tool is said to be the industry's only financial optimisation tool for underground mines that lets mine planners improve productivity and profitability by optimising the net present value of the mine schedule.SOT came out of research by the Mining Innovation, Rehabilitation and Applied Research Corporation, a not-for-profit company of Laurentian Universi...Read More