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

Aya posted a record mine throughput of 825tpd in the last quarter, a head grade of 216gpt, and quarterly production of 451,681 oz silver up 33% from 3338,000 oz a year earlier, giving the firm a clearRead More

First gold production is expected in early Q3 2024.Read More

Cerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedRealists probably expected nothing less from Xi, a man who is following the lead set by Russia's President Vladim...Read More

2022 copper guidance of 52-54,000t was maintained in the production results. Copper production in Q3 2022 at 13,453t, was above Q2 2022 production of 13,386t.Read More

The stock market was up big today, but it was nothing compared to last Thursday's huge rally. In fact, last Thursday was one of the wildest days of trading in the history of Wall Street.But don't mistake that for the return of good times. It simply serves as a good example of just how volatile markets are these days - and the power of narratives to challenge fundamental analysis.In other words, th...Read More

Sprung Structures was founded in 1887 and evolved into a major manufacturer of high-performance tension fabric buildings for multiple industries. The company developed and patented the stressed membrane structure, an innovative alternative to conventional construction utilizing architectural membrane panels placed under high tension within a non-corroding aluminum substructure.This technology is a...Read More

North-central Quebec-focused Troilus Gold (TSX: TLG; US-OTCQX: CHXMF) has announced the discovery of a new higher-grade gold zone to the northern and southern extents of Zone 87 (Z87), the larger of two formerly mined pits.To better define this potentially significant zone, the company decided to bypass the planned pre-feasibility study and shift its engineering focus to delivering a definitive fe...Read More

Barrick Gold (TSX: ABX; NYSE: GOLD) said on Monday it had achieved a significant legal milestone to proceed with the development of the giant Reko Diq copper-gold deposit in Pakistan, close to the borders of Iran and Afghanistan.During a four-day visit to the country, president and chief executive Mark Bristow held discussions with several stakeholders, which finished with all the documents neede...Read More

Welcome to our weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence.TNM Drill Down, Oct. 7-14, 2022.This week's top gold assay comes from Geopacific Resources' (ASX: GPR) Woodlark project in Papua New Guinea, where hole BUSDDH007 intersected 6 metres grading 300 grams gold...Read More

Element 29 Resources (TSXV: ECU) a Vancouver-based copper explorer with projects in Peru, has released its first resource estimates for the Elida project in the Andean nation, with an initial resource soon to follow from its Flor de Cobre project.Both properties were previously drilled and returned intercepts of potentially economic grades with low observed levels of deleterious elements like arse...Read More

Uranium Energy (NYSE: UEC) says it's building a "critical mass" of uranium projects in northern Saskatchewan's Athabasca basin, including the recent US$150-million purchase of Rio Tinto's (ASX: RIO) Roughrider project. The cash-and-shares deal last Wednesday came after UEC first entered Canada's premier uranium zone just three months ago with the $244-million purchase of UEX Corp. - besting Denis...Read More

Endeavour Mining (TSX, LSE: EDV) has kicked off construction at its 80%-owned Lafigu?(C) gold project in C??te d'Ivoire, which is expected to begin production in the third quarter of 2024.The $448 million project, located on the Fetekro property, adds to a long list of activities the London-based miner has undertaken this year. These include the Sabodala-Massawa expansion project in Senegal, and t...Read More

Having acquired 100% of the Cordero silver project in 2019, Discovery Silver (TSXV: DSV; US-OTC: DSVSF) is wasting no time making it one of Mexico's most important silver producers.The Cordero project in Chihuahua state can be a Tier 1 silver producer, says Discovery. Indicators point to a mine that will be among the world's top five producers at a rate of 26 million oz. of silver-equivalent annua...Read More

Dear Outsider,The day we've all been waiting for is finally here.An invention that will change the entire course of human history.Poverty...Money...Jobs...Freedom...Happiness...Everything is fixed now that Tesla unveiled its newest creation...Optimus.Ooohh.Aaahh.That's the name Elon Musk has given to Tesla's so-called humanoid robot.But when he unveiled it at Tesla's AI Day at the end of Sept...Read More

(IDEX Online) - The iconic Koh-i-Noor diamond is again threatening to sour relations between India and Britain, with the prospect of Queen Consort Camilla wearing it at the forthcoming coronation, next May.The 105.6-ct D-color stone was "surrendered" by the last Sikh ruler of India, the Maharajah of Lahore, when Britain annexed the Punjab in 1849. India has been demanding its return since the coun...Read More

(IDEX Online) - Prada, the Italian fashion house best known for its luxury handbags, has launched a debut collection of sustainable fine jewelry.It says it is using 100% certified recycled gold across all pieces in the Eternal Gold collection.Prada's website currently shows three items - a signet ring, a bangle set with 0.344 cts of diamonds, and a pendant necklace in yellow gold with diamond...Read More

(IDEX Online) - Sotheby's is to sell a collection of eight blue diamonds with a combined value, based on its high estimates, of over $85m.The De Beers Exceptional Blue Collection - a total of just over 32 carats recovered from Petra's historic Cullinan mine, in South Africa - will be sold in Geneva, New York and Hong Kong from November 2022 to early 2023.The highlight is the De Beer...Read More

A long string of flashy drill results, many of which contain intervals of more than 1kg of silver equivalent, and a drilling programme with nine rigs currently (down from 13 earlier this year) haveRead More

We blew it. That's right, we blew it. What do I mean?Rather than investing in a sustainable mix of energy and in increasing the productivity of labor and industrial processes, we squandered irreplaceable oceans of capital and credit in oh-so profitable skims and scams such as $10 trillion in stock buybacks and completely unproductive speculative absurdities.All the capital that was malinvested in...Read More

At the beginning of the year, Wesdome had guided for 160,000-180,000oz, but lowered it by 24% at the mid-point in its Q2 reporting, largely due to supply chain issues which hampered equipmentRead More