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

"We had a disappointing year last year, but we have turned the corner. We think we've built enough redundancy into the system now that we can have some breakdowns and still meet our guidance.Read More

"Much of the social history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good." - Thomas SowellHistorians of the future, poaching 'possum snouts in sorrel sauce over their campfires, will trace the fall of Western Civ in the 2020s to the dissolving hallucination that was called the financial economy.It was a phantom parasitical or...Read More

Chinese copper smelting activity, as expected, was lower with a number of smelters undergoing maintenance programmes.Read More

Reade, who gave a preview of the WGC's gold demand trends, before its delayed launch in London due to the coronation of King Charles, said the March quarter was characterised by strong bar andRead More

The Caixin PMI fell from the no-change level of 50.0 in March to 49.5 in April, the compiler of the survey S&P Global said.Read More

The company aims to grow its 1Moz maiden resource to more than 2Moz to find a buyer for the project ultimately. "We want to get to a threshold of 2-2.5Moz.Read More

Glencore has bucked the trend among other mining majors by hanging on to its coal assets. The company argues that this is the more responsible course of action.Read More

At its annual general meeting in Perth yesterday, the company was quizzed about the controversial project in Arizona, which hosts 25% of the US' copper reserves.Read More

GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe Caixin PMI fell from the no-change level of 50.0 in March to 49.5 in April, the compiler of the survey S&P Global said.Read More

Share this article VANCOUVER - Sokoman Minerals Corp. [SIC-TSXV; SICNF-OTCQB] and Benton Resources Inc. [BEX-TSXV] (the alliance) have started the 2023 drilling program which will see a minimum of 5,000 metres drilled on the 50/50 Golden Hope joint venture (GHJV), Newfoundland.The GHJV was formed by the alliance in 2021 to explore the mineral potential of an underexplored structural belt of rocks...Read More

Mining Journal Select London 2023 SPONSOREDGoviEx edges closer to productionSPONSOREDgoviex uraniumCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesOrion Minerals, which is listed on the Johannesburg and Australian stock markets, is an unlikely contender for the title of small-miner champion of South Africa having...Read More

These are the days of grasping for excuses. In sector after sector, leaders who gave us lockdowns and all that followed are trying to account for their actions, not apologizing of course but admitting that, in the classic formulation, mistakes were made.That said, they all agree on the core point. The government had to take big steps to deal with the pandemic.A book just released from the original...Read More

Metates has a measured and indicated resource of 921.2Mt containing 16.77Moz of gold grading 0.57gpt and 423.2Moz of silver grading 14.3gpt.Read More

Sometimes the Russian propaganda comes in so hot and heavy I wonder whether or not the Kremlin mouthpieces spewing it actually believe what they're saying. The accusations get so outlandish it's comical. Literally. Back in March, an audience of academics, executives and diplomats from the G-20 broke into laughter at a conference in Delhi when Russian Foreign Minister Sergey Lavrov blithely pain...Read More

Look beyond market approach to project valuations: van ZylLeadershipGoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesThe funding will enable the ordering of long lead items for both the lithium and geothermal energy plants. Canaccord and Merrill Lynch are involved in the fundraising.Read More

An initial open pit mining operation would cost $798 million with sustaining and expansion capital costs of $1.Read More

Since late 2018, Anzá has been the subject of an exploration agreement with Minera Monte Águila (MMA), a joint venture between Newmont and Agnico Eagle Mines.Read More

 Albemarle reported net sales of US$2.6 billion, an increase of 129%, while net income rose by 389% year-on-year.Read More

Look beyond market approach to project valuations: van ZylLeadershipGoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resources"Support for the 25-basis-point increase was very strong across the board," Fed chair Jerome Powell said after the meeting, according to Bloomberg.Read More

The funding will enable the ordering of long lead items for both the lithium and geothermal energy plants. Canaccord and Merrill Lynch are involved in the fundraising.Read More