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) - Petra Diamonds has been fined 1bn Tanzanian shillings ($429,000) over the breach of its tailings dam at its Williamson mine.Its holding company Williamson Diamonds Limited (WDL) has been ordered to pay sum to the Tanzanian government's National Environment Management Council (NEMC).Dr Samuel Gwamaka, director general of the NEMC said WDL was responsible for compensating victim...Read More

The Dow Jones Industrial Average fell 556 points, or 1.7%, to 32,920.46, and the S&P 500 lost 82 points or 2.1%, over the week to 3,852.4.The top value gainer this week was Natural Resource Partners LP which closed US$2.55 per share higher on Dec. 16 at US$45.55 apiece. The company's share price is riding high (up 50% over the past 12 months) amid a generally depressed natural resources sector. Th...Read More

Canada Nickel Co. (TSXV: CNC; US-OTC: CNIKF) is buying a 100% interest in the past-producing Texmont nickel property, situated between the company's Deloro and Sothman properties south of Timmins, Ont. "The acquisition of the Texmont property provides near-term smaller scale production potential and is highly complementary to our large-scale Crawford and regional nickel sulphide projects, chair a...Read More

Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence.This week's top drill assay comes from Burkina Faso, where West African Resources (ASX: WAF) reported that drill hole M1SRD_0207 at its Sanbrado gold operations returned 25 metres grading 90.17 grams gold per tonne fr...Read More

Australia-based ioneer (NASDAQ: IONR; ASX: INR) said on Monday its flagship Rhyolite Ridge lithium-boron project in Nevada has advanced into the final stage of federal permitting.The company said the decision by the U.S. Bureau of Land Management (BLM) to publish a Notice of Intent (NOI) in the Federal Register, was a major milestone towards completing the permitting for the proposed mine. "This...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 follows the award of a water licence to Roan allowing it to own and operate a dedicated water supply infrastructure for its operations.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, geopoliticsSPONSOREDViolent protests have dominated headlines, and while mining companies say that so far production has not been disrupted, local news sites report th...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 group of funds on Friday applied to force LME to hand over phone transcripts from March 8, the day that the trades were cancelled.Read More

Stocks fell during the Dec. 12-16 trading period as the U.S. Federal Reserve increased interest rates again to fight high inflation and retail sales figures disappointed analysts. Markets were volatile. The S&P/TSX Composite Index shed 503.79 points or 2.5% to 19,443.28. The S&P/TSX Global Mining Index decreased 2.7 points or 2.4% to 108.3, and the S&P/TSX Global Base Metals Index lost 6.48 point...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, geopoliticsSPONSOREDCiting people familiar with the situation, Bloomberg said the current structure for "term" supply contracts - in which steelmakers place orders on...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, geopoliticsSPONSOREDNewcrest said Biswas would remain as an advisor until March 18, 2023. Chief financial officer Sherry Duhe has been appointed as interim CEO.Read More

Trevali Mining will sell its 90% interest in the Rosh Pinah zinc-lead-silver mine, in Namibia, to Appian Natural Resources Fund III.The embattled miner has had a difficult financial and operative year. Its president and chief executive Ricus Grimbeek left the company in September following a Burkina Faso court's verdict that found two employees guilty of involuntary manslaughter.The convictions...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, geopoliticsSPONSOREDAustralia, normally a safe jurisdiction, has joined the attacks on mining, with a twist.Read More

Newcrest Mining (TSX: NCM; ASX: NCM) announced on Monday that its chief executive officer Sandeep Biswas is retiring from the role effective immediately, after eight years at the helm of Australia's top gold miner, but will stay as an advisor until March 2023.Chief financial officer Sherry Duhe, who joined the company in February, will step in as interim chief executive while a global internal...Read More

This follows the award of a water licence to Roan allowing it to own and operate a dedicated water supply infrastructure for its operations.Read More

Perpetua Resources (TSX: PPTA; NASDAQ: PPTA) announced on Monday that its Idaho-based subsidiary has received a technology investment of up to US$24.8 million under Title III of the Defense Production Act (DPA).The objective of the funding, issued by the Air Force Research Laboratory, is to complete the environmental and engineering studies necessary for Perpetua to obtain the required permits to...Read More

A lot of the story about the collapse of FTX has been filled in over the past month, culminating with the arrest and pending deportation to the United States of the FTX mastermind Samuel Bankman-Fried.Actually, "mastermind" may be giving Sam too much credit. He appears to be a garden-variety, even boring fraud who simply stole customer money and used it to buy real estate and pay off politicians.T...Read More

The Panamanian chapter of Transparency International (TI) issued a communiqu?(C) denouncing what the organization deems as a lack of clarity in the negotiations between the government of President Laurentino Cortizo and Minera Panam??, the local subsidiary of First Quantum Minerals (TSX: FM).On Friday, the Panamanian government ordered the Canadian miner to halt operations at its Cobre Panam?? cop...Read More

Month on month output grew 10%, with 477,000t produced. Production out of Codelco's mines slipped over the year.Read More

It's that time of year again.No, not Christmas.Not New Year's resolutions.It's time for our big predictions for 2023!If you've stuck with us Outsiders, you know this year's been a doozy.But it's set us investors up for bargain hunting next year.We still believe there's never been a better time to be an investor.It's simple... the two sectors that have explosive potential next year a...Read More