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

JAKARTA/TORONTO, July 12 (Reuters) - Freeport-McMoRan Inc said on Thursday it will sell a majority stake in the world's second-biggest copper mine to the Indonesian government, seemingly ending a long-running dispute via a series of complex deals worth $3.85 billion.The agreement, which could still collapse, will see Freeport give up majority control but remain the operator of the Grasberg mine, l...Read More

* U.S. raises stakes in China trade war* Wall Street dips, but tariff effect muted* Asian, European stocks fall, safe-havens gain broadly* Copper, zinc slide and oil retreats (Adds Wall Street open; updates throughout; changes dateline; previous LONDON)By Hilary RussNEW YORK, July 11 (Reuters) - Stocks fell and metals prices slumped on Wednesday as U.S. threats of tariffs on an additional $200 bil...Read More

Investing.com - This week’s U.S. inflation report on Thursday will be in the spotlight as a strong reading could bolster the case for the Federal Reserve to stick to a gradual pace of rate hikes this year, which is typically bearish for gold.Gold prices slid on Friday but still managed to post a weekly gain, as the dollar weakened.Gold futures for August delivery were down $2.9 or 0.23% to s...Read More

Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year official sector activity rose 36 percent to 366 tonnes - a substantial increase from 2016.The top 10 central banks with the largest gold reserves have remained mostly unchanged for the last few years. The United States holds the number one spot with over 8,000 tonnes of gold in...Read More

Investing.com - Gold prices remain near a one-week high on Thursday as the U.S. dollar weakened and traders looked ahead to meeting minutes from the Federal Reserve.Comex gold futures for August delivery increased 0.22% to $1,256.20 a troy ounce as of 10:11 AM ET (14:11 GMT).Gold was bolstered by a weaker U.S. dollar. Gold normally rises as the dollar falls, as the precious metal is denominated in...Read More

Investing.com - Gold prices were higher on Tuesday as the greenback fell and trade tensions lingered.Comex gold futures for August delivery surged 1.12% to $1,255.70 a troy ounce as of 11:01 AM ET (15:01 GMT).Trading is expected to be thin ahead of the U.S. independence day holiday, with the U.S. stock market closing early at 1:00 P.M. ET (17:00 GMT).Gold was bolstered by a weaker U.S. dollar. Gol...Read More

Indonesia's state-owned mining holding company PT Inalum is close to finalising a multi-billion-dollar deal to acquire a majority stake in the giant Grasberg copper mine, government officials said on Saturday.Situated in Indonesia's eastern-most province of Papua, Grasberg, the world's second-largest copper mine, is owned and operated by Freeport Indonesia (PTFI), a subsidiary of U.S.-based Freepo...Read More

Sumitomo's move comes as Japanese trading companies have been grabbing assets and increasing their stakes on a few of them thanks higher commodities prices, which have boosted their profits.Read full newsRead More

Investing.com - Gold prices were modestly higher on Friday but remained at a six-month low as the dollar fell and trade tensions waned.Comex gold futures for August delivery were up 0.02% to $1,270.80 a troy ounce as of 10:31 AM ET (14:31 GMT).Tensions between the U.S. and its allies remained on the back of investors minds, as the European Union imposed tariffs on about $3.4 billion of U.S. import...Read More

Investing.com – Gold prices fell on a stronger dollar on Thursday, hovering close to a six-month low as the U.S. Federal Reserve Chair confirmed an outlook for higher interest rates in the United States.Gold futures for August delivery on the?EUR?Comex?EUR?division of the New York Mercantile Exchange fell by $7.1 or 0.56%, to $1,267.40 a troy ounce by 1:13AM ET (05:13 GMT).?EUR??EUR?The U.S....Read More

Among the highlights, Pretium reported 1m at 58.7g/t within 90.21m at 1.71g/t gold.The holes were drilled east from Valley of the Kings underground development and confirmed mineralisation continued to beneath the Flow Dome Zone, with features also suggesting increased proximity to porphyry style mineralisation beneath this zone.Pretium said it would use the results to plan future drilling to focu...Read More

The Minerals Council South Africa, an industry lobby group, said on Sunday it does not support some elements in the latest draft of an industry charter, including a stipulation that one percent of core profit is paid to communities and employees.South Africa plans to raise black ownership at permit-holding mining companies to 30 percent from 26 percent within five years, the draft showed on Friday...Read More

Fresh doubt has been cast over a deal reached in December between Centerra Gold and the Kyrgyz Republic ending long-dragged disputes after the country's Prime Minister said Tuesday the new government was reviewing the agreement.According to radio Azattyk, minister Muhammadkaliy Abylgaziev also said his administration would submit to parliament its own proposals regarding the document, without sayi...Read More

Investing.com - Gold prices were little changed in midmorning trade tracking caution also seen in the dollar as the Federal Reserve’s two-day policy meeting kicked off on Tuesday.At 10:40AM ET (14:40GMT), gold futures for August delivery on the Comex division of the New York Mercantile Exchange slipped 70 cents, or 0.05%, to $1,302.50 a troy ounce.On the geopolitical front, U.S. President Do...Read More

TORONTO, June 11, 2018 (GLOBE NEWSWIRE) - Gran Colombia Gold Corp. (TSX:GCM) announced today that it produced a total of 18,675 ounces of gold in May bringing the total for the first five months of 2018 to 87,465 ounces, up 27% compared to the first five months of 2017. This brings the Company's trailing 12-months' total gold production to 192,461 ounces, up 11% from 2017's annual production of 17...Read More

Toronto, Ontario-(Newsfile Corp. - June 11, 2018) - Young Mining Professionals ('YMP') is proud to announce the three accomplished students selected for the 2018 YMP Scholarship Fund. The Scholarship Fund is YMP's initiative to attract the next generation of Canadian leaders to the Mining industry by supporting their academic studies in earth sciences and mine engineering.Each scholarship winner d...Read More

Investing.com - Gold prices started the week higher in midmorning trade Monday while investors returned to their desks to digest the trade tension over the weekend at the G7 summit and looked ahead to the summit between the U.S. and North Korea as well as key policy decisions from the Federal Reserve and European Central Bank.At 10:27AM ET (14:27GMT), gold futures for August delivery on the Comex...Read More

Water sloshed into the air, onto the ground and all over the judges as members of the University of Arizona alumni team dunked and shook gold pans in a troughRead full newsRead More

Full Article: SWOT AnalysisBy: Frank HolmesStrengthsThe best performing metal this week was palladium, up 2.39 percent. In terms of gold, traders and analysts were bullish on the yellow metal this week after being split in the previous week, according to the Bloomberg weekly survey. The bullishness is driven by uncertainty over the future leadership of Italy and Spain, which could lead investors...Read More

Mid-tier Canadian miner B2Gold (TSX, NYSE: BTO) has officially open a solar farm at its Otjikoto mine in Namibia, which the country's Ministry of Mines and Energy, Tom Alweendo, said it was a "significant contribution" for the nation's attempts to find sustainable energy solutions.The opening follows the Vancouver-based miner's breaking ground on the construction of the $8.5 million, 7megawatt (...Read More