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

Editor's Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to Mining Journal, click hereIn an address 10 weeks since he declared a national state of disaster due to the coronavirus pandemic, Ramaphosa said "the risk of a massive increase in infection is now...Read More

(IDEX Online) - Dominion Diamond Mines is to sell its assets to avoid bankruptcy, recall is furloughed workers and resume operations. The troubled Canadian company, which has been in creditor protection since April, has reached an agreement with The Washington Companies, which will acquire its assets for $126m and assume responsibility for most of operating liabilities. The privately held conglome...Read More

(IDEX Online) - Angola's Catoca mine is cutting production after state-owned miner Endiama revised down its 2020 forecast by 80 per cent.   The world's fourth largest mine accounts for three-quarters of the country's annual output.   Endiama says total output will be just 2m rather than the 10m carats originally forecast.   De Beers and Alrosa, jointly responsible for...Read More

(IDEX Online) - The DELGATTO Diamond Finance Fund (DDFF) today (26 May 2020) launches the diamond industry's first ever online finance platform, on IDEX Online.Dealers who have inventory on the IDEX Online trading platform will be able to click on any individual stone or stones and receive an immediate financing estimate from DELGATTO Diamond Finance Fund.This offers the diamond and jewelry i...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 resourcesThe updated study delivered a 43% increase in undiscounted pre-tax free cashflows to A$1.6 billion, or A$1.2 billion post-tax.Read More

Banyan Gold (TSXV: BYN) president and CEO Tara Christie was juggling the impact of COVID-19 on the industry, and at the same time, began a new role. Like many parents worldwide, the mining executive and multi-generational gold miner began home schooling for her six-year-old daughter during the pandemic."I've had to teach myself phonics," Christie laughed. But while Christie and her daughter Katie...Read More

This episode features Golden Predator Mining CEO Janet Lee-Sheriff in conversation with Northern Miner group publisher Anthony Vaccaro at The Northern Miner Scotch Whisky Tasting event held on Zoom. Janet discusses the history of the Canadian Mint, gold supply, environmentally-friendly ways of mining, and the importance of ESG and ongoing community engagement. She also discusses the latest company...Read More

Talon Metals (TSX: TLO; US-OTC: TLOFF ) has raised $4 million in a non-brokered private placement of more than 40 million common shares at a price of 10 ? a share.The funds will be used to advance its Tamarack nickel-copper-cobalt project in north-central Minnesota, about 89 km west of Duluth ad 210 km north of Minneapolis.Resource Capital Funds participated in the offering, purchasing 21.13 milli...Read More

Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has walked away from its proposed acquisition of Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) and terminated its plan of arrangement for a three-way merger with Gold X Mining (TSXV: GLDX; US-OTC: SSPFX).Gran Colombia had envisioned creating a larger, South America-focused gold producer with operations in Colombia and Guyana and had offered 0.142 of a sha...Read More

Australia's New Century Resources (ASX: NCZ) has confirmed rumours of talks with Vale (NYSE: VALE) to buy the Brazilian miner's nickel and cobalt operations on the Pacific island of New Caledonia.The Melbourne-based zinc producer said on May 26 that it had entered into a 60-day exclusivity period with Vale to complete due diligence and negotiate the acquisition of 95% of Vale Nouvelle Cal?(C)donie...Read More

The International Energy Agency recently released its report -- 2020 Global Energy Review -- which states energy demand will fall 6% in 2020. This represents the largest decline in 70 years in perRead full newsRead More

Newmont Mining (NYSE:NEM) has been on fire, and why shouldn't it? While gold prices have been quiet lately, they won't stay that way forever. The backdrop for the yellow metal is bullish. Therefore, the backdrop for NEM stock is bullish, too.Source: Piotr Swat/Shutterstock But let's not pretendRead full newsRead More

Is Beijing's response to escalating jawboning out of the Trump administration to simply devalue its currency?Read full newsRead More

"Over the last week, the demand for vacation rentals across the US has seen a huge increase, now surpassing the demand for this same period last year."Read full newsRead More

Watch as Elon Musk and Jay Leno go for a joy ride in the 2021 Tesla Cybertruck + more bonus sneaks! Then, catch an all new episode ofRead full newsRead More

The company has also appointed Murray John, Discovery Metals chairman and O3 Mining director, to its board.Read More

Speaking to Mining Journal on Friday - before it emerged that AngloGold Ashanti had shut down operations at its Mponeng gold mine after 164 workers tested positive for the virus - Tharisa's CEO Phoevos Pouroulis said the South African government had handled the pandemic "exceptionally well"."They have been pro-active, they have been extremely accessible, and certainly the Department of Mineral Res...Read More

(IDEX Online) - Alrosa has followed De Beers' example by announcing a significant cut to expected production this year, in response to COVID-19.The Russian state-owned miner's has revised down its 2020 forecast by as much as 17.6 per cent, from 34m carats to between 28m and 31m.Last month De Beers said it would reduce production this year from between 32m and 34m carats to between 25m an...Read More

(IDEX Online) - Billionaire Robert Kraft has auctioned off a ring containing 283 diamonds  - to mark his NFL team's Super Bowl astonishing comeback victory - for $1.025m.Proceeds will go to the All In Challenge charity, to feed the hungry during the COVID-19 pandemic.Kraft, 78, made his fortune in paper and packaging, and bought the New England Patriots American football club in 1994.He...Read More

(IDEX Online) - The Israel Diamond Exchange (IDE) yesterday re-opened for "new normal" activity after 11 weeks of closure due to COVID-19.   The huge trading floor (pictured) has been divided into separate rough and polished areas, the number of traders has been cut, and tables have been divided by transparent partitions.   Anyone on the floor is required to wear a mask, keep a two-metre...Read More