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

Today we rinse politics from our hair - the Lord be thanked - and retrain our focus on markets.The stock market was up and away today. The Dow Jones jumped a jaunty and jubilating 1,201 points.The S&P 500 and Nasdaq Composite enjoyed parallel joyrides, the former up 207 points today, the latter up 760.All is joy. Yet why?Inflation has evidently lost a bit of its roar...October Inflation Modera...Read More

Share this article VANCOUVER - Pan American Silver Corp. [PAAS-TSX, NASDAQ] and Agnico-Eagle Mines Ltd. (AEM-TSX, AEM-NYSE) are set to acquire Yamana Gold Inc. [YRI-TSX, AUY-NYSE] in a US$4.8 billion deal, ensuring that Canada's largest gold mine - The Canadian Malartic - remains under Canadian ownership.The move follows the termination of a rival deal that would have seen Yamana being acquired...Read More

Antioquia Gold is guiding for production of 46,000 ounces of gold this year at its Cisneros operation in Antioquia, up from 38,000oz in 2021, at a cash cost of US$1189/oz.Read More

The largest US silver producer saw its realised silver prices fall 11.5% q-q to $18.30/oz from $20.68/oz.Read More

The meeting had been scheduled for November 15 but this has been adjourned and the firm has not been able to offer a new date.Read More

PolarX following up promising results at Nevada gold-silver projectSPONSOREDpolarx limitedSaudi to lead mining super regionSPONSOREDsaudi ministry of industry and mineral resourcesAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy The US$4.Read More

Atalaya reported EBITDA of negative €4.3 million in the September quarter of 2022, compared to positive EBITDA of €48.8M a year earlier.Read More

(IDEX Online) - The owner of the Tiffany & Co jewelry empire in Turkey died after plunging from a cruise ship off the coast of Tahiti, in the South Pacific.Relatives of Dilek Ertek, 71, believe CCTV footage shows her falling to her death at 3am, but say her partner, 74, did not report her missing until 20 hours later.He was questioned by police in Tahiti when the Norwegian Spirit cruise ship (...Read More

(IDEX Online) - Fugitive diamond tycoon Nirav Modi today lost his last-ditch battle against extradition to India, where he faces charges of fraud and money laundering.The 51-year-old, who has been in a British prison since March 2019, had argued he was a suicide risk if he was sent back.He is accused of fraudulently using letters of undertaking offered by the Punjab National Bank (PNB) in an alleg...Read More

(IDEX Online) - The 18.18-carat Fortune Pink diamond sold yesterday at Christie's Geneva for $28.8m - above its $25m low estimate but below the $35m high estimate.The largest pear-shaped fancy vivid pink diamond ever to be auctioned was bought by an unnamed Asian private collector after a three-way battle between telephone bidders.The diamond, mined in Brazil more than 15 years ago, was displ...Read More

PolarX following up promising results at Nevada gold-silver projectSPONSOREDpolarx limitedSaudi to lead mining super regionSPONSOREDsaudi ministry of industry and mineral resourcesAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy A "critical incident" involving an employee of mining contractor Procon occurred at the mine on October 22.Read More

PolarX following up promising results at Nevada gold-silver projectSPONSOREDpolarx limitedSaudi to lead mining super regionSPONSOREDsaudi ministry of industry and mineral resourcesAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy That NPAT could have been a lot better had it not been for $257 million in significant items.Read More

Increasing consumption will outstrip the mining industry's ability to ramp up supply, resulting in commodity deficits as early as 2024, a new analysis by S&P Global has found.The report, 'The big picture: Metals and Mining,' says that global efforts to decarbonize are driving the rollout of metals-intensive technologies, bringing about near-term challenges in the commodities sector.On the battery...Read More

Engaging in the global critical minerals market means facing up to the huge challenge presented by China, says Neo Performance Materials' (TSX: NEO) CEO and president Constantine Karayannopoulos.Speaking during an exclusive Q&A session at Wednesday's Critical Minerals Summit 2022, held at the National Club in downtown Toronto, Karayannopoulos outlined the task ahead for Western countries and compa...Read More

Canada's Turquoise Hill Resources (TSX: TQR) is indefinitely postponing a shareholders vote on the proposed US$3.3-billion takeover of the company by Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) as Quebec's top securities regulator has stepped in.The Montreal-based miner said the Autorit?(C) des march?(C)s financiers (AMF) is investigating whether a side deal between Rio Tinto and dissident sharehold...Read More

Copper Mountain Mining (TSX: CMMC; ASX: C6C) shares plunged on Wednesday following disappointing results released for the third quarter of 2022, which "clearly did not meet" expectations as described by president and CEO Gil Clausen.Copper Mountain's stock dropped 13.5% by 11:00 a.m. ET to $1.60 a share, the lowest since early October. Year-to-date, the stock is down over 55%, bringing the company...Read More

The World Gold Council (WGC) is urging bullion miners to implement more consistent, systematic planning and wider collaboration, including closer engagement on risks with local communities, to deal with climate-related challenges.In its Gold and climate change: Adaptation and resilience report, the gold industry's leading trade body identifies key physical climate-related vulnerabilities of the...Read More

Less than a year after the federal government approved the takeover of Neo Lithium by China's Zijin Mining without a full national security review under the Canada Investment Act, it has signalled an entirely new approach to Chinese investment in Canada's critical minerals sector. The Minister of Innovation, Science and Industry, Fran??ois-Philippe Champagne and Natural Resources Minister Jonathan...Read More

Canada's Lundin Gold (TSX: LUG) expects to achieve the high-end of its gold production guidance for 2022 as the impact of road blockades in Ecuador earlier this year eased in the third quarter.The Vancouver-based miner, which owns and operates the Fruta del Norte gold-silver mine in Ecuador, said it would meet the upper end of its forecast production of between 430,000 and 460,000 oz. of gold th...Read More

There's a very good chance gold prices have bottomed out - and that's created an incredible opportunity for investors in a tough market.If you haven't been paying attention to gold, that's not surprising. Very few investors have been. Gold has lost much of its luster after failing to respond to rapidly rising inflation in the U.S. and elsewhere.Inflation levels sit at 40-year highs. Yet gold, trad...Read More