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

As darkness fell on Moscow late Monday night eight drones made their way toward Russia's capital. They were finally spotted as they reached the ritzy suburbs housing many of Russia's affluent oligarchs. Five were shot down and three others were jammed to the point that they veered off course. Still, it was too late.The debris from the drones both wayward and destroyed crashed into high-rises a...Read More

Perhaps you recall the immensely popular series Downton Abbey, depicting British aristocratic life in a mighty estate, robust at first but fading as the seasons progress.At one point, the dowager countess Violet Crawley summarizes 800 years of British history in a paragraph. It's the kind of history that is routinely denied to students and has been for decades.But it's a good lesson in political s...Read More

The company obtained the mine through its 2019 acquisition of Goldcorp and has already spent over $100 million on the plan, a Newmont official told Mining Journal.Read More

The recent ups and downs of the crucial cathode component for electric vehicle (EV) batteries have been punctuated by a surge in the price of lithium carbonate in the past month as downstreamRead More

The hole, drilled to test the continuity between mineralisation encountered in two other holes and to provide another pierce point into the geophysical anomaly, returned 1,056m grading 0.Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltyThe debt ceiling deal was negotiated by president Biden and House Speaker Kevin McCarthy, a Republican and saw the president agree to exp...Read More

Nova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesSRK visualisation tool to help engagementSPONSOREDsrk consultingThe decree lays out the steps for the new environmental consultation process, including two rounds of formal community consultations led...Read More

Reports The Babylon Bee, in satire:House Republicans have been awarded their very first Emmy Award for outstanding performance in acting like runaway government spending makes them sad.“I’m so humbled to be receiving this prestigious award,” said a giddy Kevin McCarthy, holding the golden statue aloft. “This award belongs to all of us - every Republican who has gone on Fox...Read More

In comments reported by newswire Reuters, a Glencore general manager said the company was pushing forward with a US$1.5 billion investment in the Antapaccay mine in Peru.Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltyThe company announced it had identified issues with certain allowances and entitlements affecting about 28,500 of its current and former...Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltySpeaking to Mining Journal following this year's Mining Indaba conference in Cape Town, and before the London Indaba later this month, Am...Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltyThe official manufacturing PMI dropped to a five-month low of 48.8, down from 49.2 in April, and missed forecasts gathered by Reuters of...Read More

(IDEX Online) - Petra Diamonds has sold half its stake in the Williamson mine, in Tanzania, for $15m.The UK-based miner said the sale to Taifa Mining, the country's largest mining contractor, would place the mine on "a stronger basis for the future".Williamson has been closed since the breach of a tailings dam last October, which released a five-mile river of gray sludge, damaging homes, farm...Read More

(IDEX Online) - Signet remains by far the biggest-grossing jeweler in North America, according to National Jeweler magazine's annual State of the Majors report on $100m supersellers published yesterday.Total sales of watches and jewelry at its 2,854 outlets and online were $7.29bn during 2022 - more than double the revenue of second-placed Walmart ($3.38bn).Richemont, the Swiss luxury conglom...Read More

The company signed a term sheet for a $15 million loan facility with a three-year term bearing interest at 1.25% per month on any drawn amount and $10 million for a 2.Read More

Gather around, So you may hear,Of the midnight tides,Bringing black gold here.Paraphrasing Henry Wadsworth Longfellow is a challenging task.In Paul Revere's Ride, Longfellow waxed lyrical about the greatest alarm bell ever rung.Writing in 1860, on the eve of the Civil War, hoping to dissolve the tension, Longfellow noted that "hardly a man is now alive who remembers that famous day and year."That...Read More

(IDEX Online) - Markets remain depressed, with further widespread losses among rounds, as the prospect of possible G7 sanctions on Russian diamonds looms, combined with a lull before the Vegas storm and disappointment that China's post-lockdown bounce-back hasn't happened. Fancies fared better, as has been the case in recent months.De Beers reported a 20 per cent drop in rough sales at c...Read More

Nova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesSRK visualisation tool to help engagementSPONSOREDsrk consultingThree monthly activity reports required under ASX listing rules are intended to be a no-nonsense summary of how funds have been disbursed...Read More

The EBRD will invest C$81.5 million in Eldorado, to be credited against the company's 20% equity funding commitment according to the terms of a project financing facility that closed on April 5, 2023.Read More

The report says ongoing pollution and other mining risks are not adequately addressed by the province's mining laws and practices.Read More