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

British American Tobacco is being investigated for potential sanction breachesThe shares of British American Tobacco PLC (NYSE:BTI) are down 2% at $36.65 after The Times reported that the company is being probed by the U.S. Department of Justice (DOJ) and the Office of Foreign Assets Control (OFAC) for a suspected breach of sanctions. The firm declined to specify whether the case was a criminal i...Read More

Johnson & Johnson reported a Q1 earnings and revenue beatJohnson & Johnson (NYSE:JNJ) is up 3.4% to trade at $144.46 this morning, after the blue-chip reported adjusted first-quarter earnings of $2.30 per share on $20.7 billion in revenue, higher than Wall Street's estimated $2.00 per share on $19.5 billion. However, the major pharmaceutical name also cut its full-year forecast in light of the cor...Read More

The Wall Street Journal parent expects its ad revenue to take a hit in direct response to the coronavirus pandemic Media concern News Corp (NASDAQ:NWSA) announced last night that its advertising revenue would plummet as a direct result of the coronavirus pandemic. The Wall Street Journal parent did add that there has been a rise in digital subscribers as COVID-19 moves more of everyone's day-to-da...Read More

Johnson & Johnson and J.P. Morgan Chase both reported earnings this morningDow Jones Industrial Average (DJI) futures are trading comfortably higher this morning, propped up by upbeat results from blue-chips Johnson & Johnson (JNJ) and J.P. Morgan Chase (JPM), the former of which reported first-quarter profit and sales that topped estimates. Futures on the Nasdaq-100 Index (NDX) and S&P 500 Ind...Read More

Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") announced today a business update in response to the Global Covid-19 Pandemic (the "Covid-19 Pandemic"). On March 11, 2020, the World Health Organization declared a global pandemic. In order to combat the spread of COVID-19 governments worldwide have enacted emergency measures including travel bans, legally enforce...Read More

GOLDEN, Apr 13, 2020 (GLOBE NEWSWIRE via COMTEX) --GOLDEN, Colo., April 13, 2020 (GLOBE NEWSWIRE) -- Golden Minerals Company (NYSE American and TSX: AUMN)...Read full newsRead More

Caterpillar (NYSE: CAT) closed down 8.7% following a downgrade by a Bank of America analyst, who cited weakness in the equipment manufacturer's energy business and a likely "severe capital spending downturn" by energy and mining stocks.The S&P 500 closed down 1% and the S&P/TSX Composite Index lost 0.64%, while the Nasdaq rose 0.48% and the S&P/TSX Venture Composite Index gained 3...Read More

Share this articleMONTREAL - The Quebec government has declared that home builders, miners and landscapers provide essential services and can return to work despite COVID-19 restrictions that have brought much of the economy to a halt.Premier Francois Legault first announced Monday that some residential construction would resume with new guidelines to keep workers safe."We've ensured, along wit...Read More

Share this articleTORONTO - Agnico Eagle Mines Ltd. is taking steps to restart its operations in the Abitibi region of Quebec this week as restrictions in the province allow a gradual resumption.The gold miner's operations in Quebec include the LaRonde complex, the Goldex mine and the Canadian Malartic mine.The company put the Quebec mines on care and maintenance last month after mining operations...Read More

(IDEX Online) - New dates have been announced for two Hong Kong jewelry shows after they were twice postponed because of coronavirus.The Hong Kong International Jewellery and Diamond Show and its sister event, the Gem & Pearl Show, are now due to take place on 3 to 6 August, with extra Covid-19 precautions.They were originally scheduled for 2 to 8 March, were put back to 18 to 21 May because o...Read More

(IDEX Online) - Russian mining giant Alrosa to finance a drone to monitor and protect wild reindeer. Its environmental center is working with authorities in the remote tundra of Yakutia, in the east of the country, where Alrosa operates its Mir mine. The company already has special paths for reindeer to cross ground installation lines and has developed a mechanism that blocks traffic so they can s...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 herePeru had earlier extended its initial 15-day period of emergency measures from March 26 to April 12, then last week pushed this out to April 26 as the global pandemic con...Read More

Hochschild Mining (LSE: HOC) has become the third major mining company to suspend its dividend due to the COVID-19 pandemic.The Peru-focused gold mining company's announcement follows Glencore's (LSE: GLEN) decision on March 31 to defer its decision on whether to proceed with the proposed cash distribution of US20 ? per share (about US$2.6 billion) in 2020, and Freeport McMoRan's (NYSE: FCX) annou...Read More

With Quebec Premier Fran??ois Legault's announcement on Monday declaring mining operations in the province an essential service, mines will be allowed to start back up on April 15, with additional health and safety precautions.In response, several miners have issued press releases announcing plans to restart their operations.The Canadian Malartic open pit gold mine, jointly owned by Agnico Eagle M...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesAustralia-based junior IronRidge Resources takes big picture approach in AfricaSPONSOREDironridge resources As humans, we are all subject to proximity bias, only paying attention to, or...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesAustralia-based junior IronRidge Resources takes big picture approach in AfricaSPONSOREDironridge resources Rarely, if ever, has then been such a clear demarcation between what was and...Read More

Barrick Gold (TSX: ABX; NYSE: GOLD) has inked two earn-in agreements in as many days on projects in the Dominican Republic and Argentina.The gold major is earning a 70% stake in Precipitate Gold's (TSXV: PRG) Pueblo Grande project, adjacent to Barrick's Pueblo Viejo mine in the Dominican Republic, and is earning a 70% stake in Golden Minerals (TSX: AUMN; NYSE-AM: AUMN) El Quevar project in Argenti...Read More

This week's episode features veteran mining recruiter Erik Buckland, senior client manager at Lincoln Strategy International. Buckland describes how the mining industry has held up relatively well compared to the rest of the economy, with mining jobs still in high demand. He also explained how new protocols have been developed to enact social distancing on mine sites, and how there has been an inc...Read More

Fiore Gold (TSXV: F; US-OTC: FIOGF) has completed a preliminary economic assessment (PEA) for its Gold Rock project in Nevada and provided an updated mineral resource estimate and a base case assessment for developing the project as a satellite open-pit operation that will share significant infrastructure and management with the company's Pan mine, 12 km away.Gold Rock's indicated resources increa...Read More

Aim-listed diamond producer BlueRock Diamonds, which owns the Kareevlei mine, in Kimberley, in the Northern Cape, says the two-week extension of South Africa's national lockdown to April 30 will not have a significant impact on its strategy.Executive chairperson Mike Houston says the lockdown extension did not come as a surprise and is consistent with what is happening around the world. A...Read More