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

TotalEnergies' profitability continues to be supported by a strong energy market. Read more to see my thoughts on the company and why TTE stock remains a Buy.Read full newsRead More

There's no denying that Intel's latest earnings report for Q4 was catastrophic. See why I remain cautiously optimistic about INTC stock at this stage.Read full newsRead More

New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesThe Ugandan government will set up a state-owned mining company, called...Read More

If you haven't been able to try your hand at AI programs like ChatGPT and DALL-E, you're not alone. The endless wait lists mean only a select few can access them. It's the same reason nobody drives in New York - too much traffic. These wait lists are restrictive partially because the programs are still in the early development stages, but there's another reason they haven't already b...Read More

(IDEX Online) - Petra Diamonds today reported a 20 per cent dip in sales for the first half of fiscal 2023 and a net loss of $17.6m.The London-based miner made a profit of $49.1m during the same period in 2022.  Earlier this month it said it was open to merger and acquisition offers.It blamed the decrease in revenue - down from $264.7m in H1 FY 2022 to $212.1m in H1 FY 20203 - largely on zero...Read More

The company's base metals business will become Teck Metals, while its coal business will become Elk Valley Resources (EVR), a pure-play, high-margin steelmaking coal producer.Read More

ATAC Resources (TSXV: ATC; OTCQB: ATADF) is now set to be sold to Hecla Mining (NYSE: HL) in a deal valued at $31 million after the junior rejected a $25-million offer from Victoria Gold (TSX: VGCX) earlier this month.On Tuesday, ATAC and Hecla entered into a non-binding letter of intent that would see the latter acquire the Rackla and Connaught projects located in the Yukon. Hecla is the largest...Read More

The Jetti technology will be deployed on the existing leach stockpiles at El Abra and leverage existing infrastructure, including excess tank house capacity.Read More

Shares of Sigma Lithium (TSXV: SGMA) rose more than 20% on Tuesday morning following a long-weekend media report that electric vehicle manufacturer Tesla (NASDAQ: TSLA) is in takeover talks with the Brazil-focused lithium developer.Bloomberg reported late on Feb. 17 that Tesla was weighing a takeover of the company.The report cites unnamed sources "with knowledge on the matter," stating that Elon...Read More

New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesI mention these factors because it demonstrates that while in some areas...Read More

New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesThe Johannesburg and New York Stock Exchange-listed Sibanye is set to lo...Read More

(IDEX Online) - Fugitive Indian diamond merchant Jatin Mehta has failed in a bid to halt legal proceedings against him in a British court over allegations that he defrauded lenders out of $1bn.Mehta (pictured) had sought to have the case heard in India instead. He and his family were found to be living in London last year.He is accused of defrauding15 lenders out of the $1bn lent to his companies...Read More

Ever since US president Joe Biden enacted the 1950 Defense Production Act to boost the nation's supply of domestically-sourced critical minerals, there has been a surge in interest in North American metals projects. However, when it comes to permitting new mines, not all exploration projects are created equal. "It's good to be in the United States, but you want to be on land where you can act...Read More

New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesBluejay Mining first hit radar screens when it emerged it had received b...Read More

Big Ridge Gold (TSXV: BRAU; OTCQB: ALVLF) says a new mineral resource estimate for the Hope Brook project in Newfoundland and Labrador doubles its inferred contained gold compared with eight years ago. The deposit in the province's southwest, about 75 km east of Port aux Basques, the closest point to Nova Scotia, is being explored where a former open pit and underground mine produced about 750,...Read More

This week's episode features GlobalXETF commodities research analyst Roberta Caselli in conversation with host Adrian Pocobelli on metals and energy markets. Roberta discusses the historically low inventories of metals such as copper and zinc, as well as the growing impact of the reopening in China and the country's stabilizing property market. She also describes the fundamentals of the zinc, uran...Read More

(IDEX Online) - De Beers says the long-standing agreement, under which it sells 75 per cent of Botswana's rough diamonds, will survive the current turmoil.A company spokesman told Reuters this week it was "confident that our successful partnership will continue".Two weeks ago the country's President Mokgweetsi Masisi told crowds at a rally of his ruling party that he would walk away from...Read More

The offer comes over the top of a competing 12c per share, $25 million all-stock offer from Victoria Gold which came a week ago and which ATAC rebuffed as being too low.Read More

"Tech is the dog," reads a note I tucked away a couple weeks ago. "Crypto is the tail."In our quest to demystify this year's maddening market action, we've been thinking at length about what's behind some of these erratic stock moves.I explored the idea a few weeks ago that crypto and tech-growth are two sides of the same coin - a Covid Bubble phenomenon that topped out in spectacular fashion in e...Read More

That is because this Gawler Craton advanced exploration project - which lies smack in between three of Australia's greatest copper mines - has two different stage and style deposits stacked on top of each other.First the hippo, which is called Emmie Bluff. This is a sedimentary copper-cobalt deposit which has an Indicated and Inferred Resource - from three deposits - amounting to a total of 1.1 mi...Read More