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

SOQUEM, a subsidiary of provincial government corporation Investissement Quebec, has signed a letter of intent with Vior Inc. (TSXV: VIO; US-OTC: VIORF) on the junior's Skyfall nickel project in the province's Abitibi Greenstone Belt, 150 km east of Lebel-Sur-Quevillon and 102 km south of Chapais.Under the LOI, SOQUEM has the option to acquire 50% of Skyfall and Vior will own the remainder and bec...Read More

My father doesn't want anyone to know what he does for work.He's not embarrassed; there's nothing embarrassing about the job.He doesn't work for the government. His job doesn't involve keeping secrets.And there's nothing illegal about his work. I wouldn't be writing about it if there were.If you asked him, he'd tell you he has a "construction job," but that's only half of the truth.What he wants t...Read More

Have you the time to scour 4,155 pages - finely printed and single-spaced - within the span of three days?If so we would dispatch you at once to Washington.There you can announce the full contents of the $1.7 trillion omnibus bill, so-called, under present consideration by the United States Senate.Released Tuesday morning, it must face a vote by midnight Friday - else the federal government "shuts...Read More

Foran Mining (TSXV: FOM; US-OTC: FMCXF) says it will use a US$150 million loan from Sprott Resource Lending to help construct its McIlvenna Bay copper project in Saskatchewan. The funding from Toronto-based Sprott joins $200 million proposed by the Ontario Teachers' Pension Plan, which was announced in August and should be approved "in due course," Foran said in a news release on Wednesday. Th...Read More

Look beyond market approach to project valuations: van ZylLeadershipCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSORED"The company and its board of directors believe the price of its common shares...Read More

"The company and its board of directors believe the price of its common shares from time to time to be not reflective of the underlying value of the company," Alamos Gold said. Read More

The North American Leaders' Summit (NALS) comes as the three leading regional economies advance energy transition policies, at the heart of which is the supply of critical minerals not dependent onRead More

Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has started commissioning the first module of the production plant - the Greentech Plant - at its 100%-owned Grota do Cirilo lithium project in Minas Gerais, Brazil.The Canadian miner said the dry module crushing circuit began operating on time and within budget, adding it expected the full plant to be up and running by February 2023.Commissioning on the...Read More

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThis, along with its stockpiled materials, mean that it can meet the requirements of existing customer contracts.Read More

(IDEX Online) - De Beers has appointed its first majority black-owned sightholder.Molefi Letsiki Diamonds was founded in Johannesburg, South Africa, in 2005, as a custom-made jewelry manufacturing business.It will join the list of around 60 businesses authorized to attend 10 sights a year in Gaborone, Botswana, from 1 January 2023, to buy bulk parcels of rough diamonds. Mr Letsiki graduated f...Read More

(IDEX Online) - Leviev has unveiled two "Empress" diamond rings to honor British royals Camilla, Queen Consort and Catherine (Kate), Princess of Wales.It follows the US-based company's release of The Queen's Collection of 20 rings and other pieces in September, to mark the passing of Queen Elizabeth II."The Camilla" is a 6.4-carat emerald-cut gem with a $440,000 price tag. "The Catherine...Read More

The Kingdom of Saudi Arabia is gearing up for the 2023 edition of the Future Minerals Forum (FMF), one year after the inaugural conference was held. The forum, scheduled for Jan. 10-12 in the capital Riyadh, aims to further discussions among industry players on the growing demand for critical minerals as the world seeks solutions to climate change. It also seeks to accelerate the exploration an...Read More

Share this article VANCOUVER - Dynacor Gold Mines Inc. [DNG-TSX} on Wednesday reported gold sales of US$15 million for November, 2022, a decrease of 15.3% or US$2.7 million compared to November, 2021.It attributed the decrease to the lower average gold price and lower quantities of bullion sold due to monthly inventory variations and reduced ore grade in comparison to year-ago levels.The average...Read More

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe subsidiary, ECM, has granted BMW the first right to purchase 100% of the lithium hydroxide from its Wolfsberg lithium project in Austria.Read More

(IDEX Online) - De Beers today said rough sales during its final cycle of the year were $410m (provisional).That takes its 2022 total to $6.12bn - an increase of just over a fifth (21 per cent) on 2021 sales of $4.82bn. Sales during Covid-hit 2020 were $2.79bn. In 2019, De Beers sold $4.04bn.Sales during cycle 10 were down slightly from cycle 9, with sales of $454m, but up on cycle 10 of 2021 ($33...Read More

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThat is why this month Mining Journal held interviews with some of the recipients of the WIM100 - 100 global inspirational women in mining 2022, as...Read More

Finland's Terrafame will start recovering natural uranium as a byproduct of zinc and nickel production at its Sotkamo mine by mid 2024.The miner, in which the Finnish state has a 67.1% stake and commodities trader Trafigura holds a 31.1% interest, is aiming to produce 200 tonnes per year by 2026, it said on Wednesday.Terrafame, formerly known as Talvivaara, intends to refine the uranium into y...Read More

The Bibiani and Chirano gold mines, situated 15 km apart in Ghana, are expected to produce a combined 400,000 oz. of gold next year, according to Asante Gold (CSE: ASE).Asante acquired the open pit Bibiani mine from Resolute Mining in August 2021, started open pit mining operations in February 2022, and after completing the refurbishment and commissioning of the process plant in June, poured first...Read More

(IDEX Online) - Amnesty International is calling on the government in Sierra Leone to address concerns over the impact of a diamond mine on a neighboring community.It claims their lives are being blighted by blasting operations and by water pollution caused by Meya Mining.Residents are "forced to evacuate their homes and take shelter in the different structures made by the company until the b...Read More

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDUsing Primetals and voestalpine's technologies and FMG's iron ore, the target is to design an engineer a net-zero emission industrial-scale prototy...Read More