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) - British jeweler Graff has become the latest to announce a donation to combat coronavirus. It's giving $1m through the Graff Foundation charity to the COVID-19 Solidarity Response Fund, set up by the United Nations Foundation. The money will go towards critical work tracking and understanding the spread of the virus, providing patients and frontline workers with appropriate car...Read More

Management at Alamos Gold's (TSX: AGI; NYSE: AGI) headquarters in Toronto have confirmed that the company's wholly owned Mulatos gold mine in Mexico was robbed last week.A group of five heavily-armed robbers made off with an undisclosed amount of gold in a small aircraft that landed on an airstrip owned by the company near the heap-leach mine in Sonora state."We are fully insured on the stolen dor...Read More

S&P Global Ratings has cut its global GDP growth forecast for 2020 to 0.4%.Earlier this month, it lowered its GDP growth forecast for China to 2.9% from its previous estimate of 5.0% in February, and predicted GDP in the U.S. will fall 1.3% this year and drop 2% in the Eurozone.In the metals and mining space, S&P Market Intelligence believes the pandemic will lead to a 29% drop in exploration budg...Read More

Bank of America Securities estimates global demand for aluminium will fall by 7.2% year-on-year in 2020 while supply will likely increase by 2%.Prices for the metal already have plunged by 19% so far this year, the bank warned, and "the combination of outright production increases and falling consumption is not sustainable in our view."COVID-19 "has severely impacted global activity," BofA Securit...Read More

(IDEX Online) - Lucapa has sold polished diamonds worth $2m, sidestepping coronavirus restrictions on its usual rough tender in Antwerp. The Australia-based miner has agreed a high-end cutting and polishing partnership with a high-end diamantaire for stones from its Mothae kimberlite mine in Lesotho so it can sell polished rather than rough stones. Lucapa receives the rough price upfront from its...Read More

Alrosa, Russia’s largest diamond producer, ended some long-term deals with customers as sales in March collapsed to half the level of a year ago because of the coronavirus pandemic.“We would like to thank those of our customers who stick to our long-term contracts though with several companies we had to terminate such contracts and switch to spot sales,” Deputy CEO Evgeny Agureev...Read More

With gold in a new bull market, the early gains are had by producers with healthy margins whose assets become more valuable as the price of gold increases.However, the most explosive gains are often in successful explorers that are onto significant discoveries.I just laid out three great picks for my Junior Mining Monthly readers. You can find out more about them here.Another one is Chakana Copper...Read More

On a global scale, work is grinding to a halt and mines are being placed on temporary care and maintenance.Read full newsRead More

Okechukwu Nnodim, AbujaThe construction of Nigeria's only large-scale commercial gold mine has begun in Osun State and the facility will start producing gold in 2021.According to the Federal Mi...Read full newsRead More

Nightmare scenario: WHO investigating whether virus wasRead full newsRead More

On a global scale, work is grinding to a halt and mines are being placed on temporary care and maintenance.Read full newsRead More

(IDEX Online) - Baselworld has rescheduled the world's largest watch and jewelry event but has angered some exhibitors with its failure to offer full refunds.The event should have taken place from 30 April to 5 May but was canceled after Swiss authorities outlawed gatherings of over 1,000 people because of coronavirus.Organizers say it will now take place from 28 January to 2 February 2021.Th...Read More

(IDEX Online) - Zimbabwe's state-owned diamond company has reportedly been forced to fend off illegal mining. The Zimbabwe Consolidated Diamond Company, which has operations in the Chiadzwa area and in Chimanimani, has increased security during a 21-day coronavirus lockdown. A spokesman said they had to stop illegal miners intent on smuggling out gems across the Mozambique border to foreign b...Read More

(IDEX Online) - Alrosa's sales of rough and polished diamonds in March were down 56 per cent on the previous month. They fell from $346.4m in February to $152.8m, said the Russian state-controlled miner, which is allowing buyers to defer 60 per cent of rough purchases in response to the coronavirus crisis. It has also started auctioning large stones (over 10.8 carats) online rather than at ph...Read More

Forget gold coins. These companies are better opportunities for gold-hungry investors.Read full newsRead More

VANCOUVER, BC / ACCESSWIRE / April 8, 2020 / Scorpio Gold Corporation (Read full newsRead More

The gold price rallied again on Thursday, as investors sought a store of value after the Fed said it was pumping an additional US$2.3 trillion in the US economy to stave off depression.On the Comex market in New York, gold for delivery in June, the most active contract, jumped to its highest price since November 2012, at US$1,730 per oz., up just over US$50 per oz., or 3%, compared to Wednesday's...Read More

What will the world look like in a year? Five years? Ten years? It's a question that was hard to answer before, and all but impossible to fathom now. As the world continues adjusting to the worst public health crisis in decades, it faces a looming specter of economic upheaval that could be just as drastic. That's according to the World Trade Organization. This past week it warned that global...Read More

VANCOUVER, BC / ACCESSWIRE / April 8, 2020 / Scorpio Gold Corporation (Read full newsRead More

Are These Gold Stocks On Your List This Week? Apr 07, 2020 (GoldStocks.com via COMTEX) --Which gold stocks are you watching right now? If you're looking at...Read full newsRead More