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

Dollar General's first quarter earnings and revenue topped Wall Street's estimatesDiscount retailer Dollar General Corp (NYSE:DG) stepped into the earnings confessional this morning, reporting fiscal first-quarter profits of $2.56 -- nearly a dollar more than what Wall Street expected -- on revenue of $8.45 billion, which also topped expectations. In addition DG's comparable-store sales climbed b...Read More

Chinese legislation regarding Hong Kong is also weighing on investors Dow Jones Industrial Average (DJI) futures are up once again -- over 200 points at last check -- despite a fresh batch of lackluster economic data. Weekly jobless claims once again topped analysts estimates for now the 11th straight week, with the 2.1 unemployment claims narrowly topping the 2.05 million expectations. Additi...Read More

Apple just landed Martin Scorcese's latest film, beating out several competitors including NetflixApple Inc. (NASDQ:AAPL) just announced that director Martin Scorsese's next film, "Killers of the Flower Moon" -- starring Leonardo DiCaprio and Robert De Niro -- will launch on its Apple TV streaming service, according to a report from the Wall Street Journal. This is a win for Apple over several of...Read More

The program, which gives investors alternative exposure to Bitcoin via mining hardware, is available to accredited investors around the world.Read full newsRead More

Futures indicate a similar result today.The World Health Organisation said there were more than 99,000 new cases reported yesterday, taking the global tally to almost 5.5 million and there had been 349,190 deaths.Base metals closed mainly lower in London yesterday as data out of China indicated its slow recovery was continuing."However, profits at state-owned enterprises dropped 46% in the first f...Read More

"London is the right location," Bell said in a note on Wednesday, pointing to the lack of large scale, listed precious metals businesses "and the city's familiarity with more "challenging" jurisdictions".However, Bell told readers: "Don't assume "Randgold 2.0"."Randgold Resources traded at a +30% premium to immediate peers prior to its merger with Barrick so some may extrapolate this to AngloGold....Read More

Minas Gerais Public Prosecutor (MPMG) said in a translated statement the injunction represented the highest amount ever recognised in a lawsuit of this nature in Brazil.The judge's decision had been made without the miner's prior knowledge, Vale (BZ: VALE3) said in a statement yesterday.It understood the lawsuit alleged Vale had, through its employees' actions, hindered the inspection activities o...Read More

Share this articleGreat Atlantic Resources Corp. [TSXV:GR] is pleased to announce it has begun the 2020 exploration program at its Golden Promise Gold Property, located in the central Newfoundland gold belt. Exploration will be conducted this year in numerous regions of the property focusing on areas of gold bearing quartz veins and quartz vein float and areas of gold soil geochemical anomalies. E...Read More

(IDEX Online) - Police had to intervene after hundreds of merchants broke social distancing rules by gathering at Varaccha Diamond Market, in Surat. Industry bodies have been urging their members to stay away from Varaccha and the nearby Mahidapura market, where diamonds are traded for export via Mumbai. Authorities in Surat (pictured), the cut-and-polish hub, have allowed factories and workshops...Read More

(IDEX Online) - South Africa's small state-owned diamond miner Alexkor is trading recklessly and will run out of money within a month, a parliamentary committee heard.The company, which operates around Alexander Bay (pictured), on the country's West Coast, is technically insolvent, warned former administrator Lloyd McPatie."I propose as a department that we need to look at liquidati...Read More

(IDEX Online) - A 12.11-carat blue diamond ring could fetch $12.25m as the highlight of the first live Christie's auction since lockdown.The marquise-cut stone, described as an internally flawless fancy intense blue, will go under the hammer on 9 July at the Magnificent Jewels Auction in Hong Kong, which was postponed from 2 June.Sales have been taking place online since lockdown was introduc...Read More

NEW TOOLS IN ITS LATEST MICROMINE UPGRADESPONSOREDmicromineCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesRiveros said a reduction of personnel at mining operations and the suspension of projects cut output.In a video presentation,...Read More

NEW TOOLS IN ITS LATEST MICROMINE UPGRADESPONSOREDmicromineCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesSandfire acquired the Tshukudu project via the takeover of MOD Resources late last year and set an initial A$10-12 million bud...Read More

Wesdome Gold Mines (TSX: WDO) has released a preliminary economic assessment (PEA) for its wholly owned Kiena mine complex, 15 km northwest of Val-d'Or and 100 km east of Rouyn-Noranda in Quebec.The PEA estimates a mine life of eight years producing an average of 85,931 oz. gold annually at cash operating costs of US$374 per oz. and all-in sustaining costs (AISCs) of US$512 per ounce.The early-sta...Read More

Nomad Royalty, a new precious metals royalty and streaming company, will begin trading on the TSX on May 29, after completing a reverse takeover and acquiring the royalty portfolio of Yamana Gold (TSX: YRI; NYSE: AUY) and streaming assets from Orion Resource Partners.In addition to the two vend-in transactions, Nomad also completed a private placement financing of $13.3 million.Previously listed o...Read More

Marathon Gold (TSX: MOZ; US-OTC: MGDPF) has completed a bought deal financing raising $34.5 million that will be spent on permitting, development and exploration at its wholly owned Valentine gold project in Newfoundland.The company issued 23 million units at a price of $1.50 each, with each unit consisting of one share plus a half warrant exercisable at $1.90 per share for a one-year period. The...Read More

Prices for lithium, one of the key ingredients for the batteries that power electric vehicles (EVs) and high tech devices, are expected to climb in two years, when shortages in the market caused by curtailed production and halted expansions start to emerge.Car sales, EVs included, have plummeted this year as a result of the coronavirus pandemic that has hit global markets.In Western Europe, where...Read More

Rio Tinto (NYSE: RIO; LSE: RIO) has developed a way to extract high-purity scandium oxide from waste at its titanium dioxide production facilities in Quebec.The company has been using the new process, developed by researchers at the company's Rio Tinto Fer et Titane (RTFT) Research & Development Centre, to produce scandium oxide that meets market specifications since the second half of 2019 as par...Read More

NEW TOOLS IN ITS LATEST MICROMINE UPGRADESPONSOREDmicromineCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesInvestment bank metal price forecasts are influential. They frame expectations for investors. They also dictate what companies...Read More

Mining and recycling operations were curtailed nearly everywhere late in the March-quarter owing to widespread lockdown restrictions, resulting in a 3% year-on-year slide to the lowest production since 2015. It was also the largest year-on-year fall since the first quarter of 2017, however, the decline was "relatively modest" given the scale of the pandemic.Gold production in China, South Africa a...Read More