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

The Oct. 31 to Nov. 4 trading week saw the S&P/TSX Composite Index close 21.4 points or 0.1% lower, at 19,449.81. The S&P/TSX Global Mining Index lost 4.3 points or 4.6% to 95.88 and the S&P/TSX Global Base Metals Index fell 12.7 points or 8% to 170.3. The S&P/TSX Global Gold Index fell by 3.5 points or 1.4% to 239, and spot gold ended the week US$26.4 per oz. or 1.6% higher, at US$1,674.40 per...Read More

U.S. markets fell last week after the U.S. Federal Reserve increased its benchmark interest rate by 75 basis points and Fed chairman Jerome Powell said talk of a pause in rate hikes to control decades-high inflation was "very premature." The Dow Jones Industrial Average fell 458.58 points or 1.4% to 32,403.22 and the S&P 500 dropped 130.51 points or 3.35% over the week to 3,770.55. Potash prod...Read More

The S&P/TSX Venture Composite Index ended the Oct. 31-Nov. 4 trading session at 593.70 points, just 3.23 points or 0.5% lower. Critical Elements Lithium shares rose by 31 ? to $4.75 after the company announced it had received its last major environmental approval for its Rose lithium-tantalum project in Quebec. The certificate of authorization granted by the province follows a federal environmen...Read More

Petra Diamonds (LSE: PDL) said on Monday it had halted operations at its Williamson mine in Tanzania after a tailings storage facility burst, causing flooding in nearby areas.The company, which also operates three mines in South Africa, said the eastern wall of Williamson's tailing dam was "breached," but said in an email that the pit was not affected.Petra noted that there were no injuries or fat...Read More

SolGold (TSX: SOLG; LSE: SOLG) has secured $50 million in royalty financing from Osisko Gold Royalties (TSX: OR; NYSE: OR), which will help the miner fund the development of its Cascabel copper-gold property in northeastern Ecuador.Osisko will receive a 0.6% net smelter return (NSR) interest from SolGold, calculated with reference to NSRs from the Cascabel licence area. SolGold has a buy-back opti...Read More

Gold Fields (NYSE: GFI; JSE: GFI) has ruled out the possibility of raising its offer for Yamana Gold (TSX: YRI; NYSE: AUY) after two Canadian miners teamed up last week and put an unsolicited US$4.8 billion bid on the table.The cash-and-stock offer from Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Pan American Silver (TSX: PAAS; NASDAQ: PAAS) on Friday trumped Gold Fields' bid, which valued Yamana...Read More

Ontario is one of the world's premier mining jurisdictions. Here's a look at eight companies exploring the province for gold, PGMs, lithium and more.First Mining Gold First Mining Gold's Springpole project in northwestern Ontario. First Mining Gold photoFirst Mining Gold (TSX: FF; US-OTC: FFMGF) has gold projects in Ontario and Quebec. In northwestern Ontario, the company is advancing its flagshi...Read More

Philly baseball doesn't have a good track record when it comes to the economy.Just two weeks after the 1929 World Series win by the Philadelphia Athletics, the U.S. plunged into the Great Depression.In 1980, the Philadelphia Phillies won their first World Series title, but that was followed by a three-year recession that resulted in Ronald Reagan's election.And the Phillies won one other time in 2...Read More

(IDEX Online) - A criminal case is to be opened in South Africa against Jagersfontein Developments over the dam burst tragedy in September that killed at least two people and devastated a town.The Department of Water and Sanitation says that in addition to the criminal case it is implementing administrative enforcement measures against the company, owned by Dubai-based Stargems.  It alle...Read More

(IDEX Online) - A huge collection of over 100 Australian pink diamonds, many from the iconic Argyle mine, collected over three decades by New York based LJ West Diamonds, is now on display at Melbourne Museum, Australia.It's described by organizers as "the largest collection of Australian pink diamonds to be shown in the world".Among the gems on display is the 2.83 carat Argyle Violet, the on...Read More

(IDEX Online) - De Beers is launching a new diamond verification instrument, which it says is capable of automatically screening large volumes of melee at speed, and identifying rogue lab growns.Through its innovation arm, Ignite, it has developed technology to verify 3,600 diamonds per hour in the 0.001 carat to 0.0033 carat (0.6 to 1.0mm) size range.It says the new instrument, available early ne...Read More

Under the agreement, Marimaca has a five-year option to negotiate an offtake of seawater used for cooling at a thermal coal electricity plant in Mejillones, some 25km from the project and operated byRead More

Until July, when the sinkhole first appeared near the underground Alcaparrosa mine at its Minera Ojos del Salado copper operation, the Candelaria operation had been a shrewd purchase for the LundinRead More

A man hunting high office is a man to be watched. And the higher the office he seeks, the closer he must be watched. For this is an ambitious man. And as one fellow who raged with ambition - Napoleon Bonaparte - stated:Those endowed with (great ambition) may perform very good or very bad acts. All depends on the principles which direct them.We generally place our money on "very bad acts." That is...Read More

"The most dangerous man to any government," argued Henry Louis Mencken, "is the man who is able to think things out... without regard to the prevailing superstitions and taboos.""Almost inevitably," continued Baltimore's sage..."He comes to the conclusion that the government he lives under is dishonest, insane, intolerable... Every decent man is ashamed of the government he lives under."It appears...Read More

(TheNewswire) NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Multiple high-grade gold vein systems channel sampled at Drayton-Black Lake Heritage Mining Ltd. (CSE:HML) (Read full newsRead More

Every region barring North America saw declines in global smelting capacity.Read More

Share this article OTTAWA - On November 2, Fran??ois-Philippe Champagne, Minister of Innovation, Science and Industry, issued the following statement regarding the Canadian government's decision on recent investments in Canadian critical minerals companies and regarding modernization efforts under the Investment Canada Act (ICA):"While Canada continues to welcome foreign direct investment, we wi...Read More

Metallurgical testing showed on average, 94% of contained silver and 96% of contained gold were recovered in a concentrate containing 6,540g/t of silver and 82.94g/t of gold.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 Under the new bid, Pan American would buy Yamana for US$1 billion in cash and 135 million PanAm shares and 36.1 million Agnico shar...Read More