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

Share this article VANCOUVER - Sandstorm Gold Ltd. [SSL-TSX, SAND-NYSE American] has released an update of recent developments from its portfolio of royalty assets, including the Hod Maden project in northeastern Turkey and Greenstone gold project in Ontario.Following the recent purchase of Nomad Royalty Co. Acquisition [NSR-TSX, NYSE] and a basket of royalties and streams from BaseCore Metals Ro...Read More

San Francisco-based SailingStone and Florida-based Pentwater Capital Management have led the opposition by some minority shareholders to mining giant Rio Tinto's $3 billion bid for Toronto-listedRead 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 limitedLeading regional miners including First Quantum Minerals, Freeport-McMoRan, Hudbay Minerals, Capstone Mining, Ero...Read More

Phase one is expected to nearly double ore production at Copper Cliff Mine, adding roughly 10,000 t/y of contained nickel and 13,000t/y of copper.Read More

Morgan Stanley has followed Goldman Sachs which in June told clients that the bull market in lithium "is over for now".Read More

Toronto and New York-listed Triple Flag Precious Metals posted lower Q3 revenues and metal sales, an early indication of pressures faced by similar royalty firms.Read More

Sherritt International (TSX: S) has entered agreements with its Cuban partners to settle $362 million of total outstanding receivables over five years, beginning Jan. 1, 2023. The agreements, known as the "cobalt swap," would allow the Moa joint venture in Cuba to prioritize dividend payments in the form of finished cobalt to each partner, and each partner's share of these cobalt dividends will be...Read More

Shares in Wesdome Gold Mines (TSX: WDO) shed nearly 11% of their value on Friday after the company reported production was down nearly a quarter from a year ago, while conditions at its Kiena mine in Quebec are challenging. Third-quarter output of 22,883 oz. gold was 16% less than the same quarter a year ago and 22% less for the first nine months of this year compared with the same period in 2021...Read More

Regulus Resources (TSXV: REG; OTC: RGLSF) has secured a US$5 million investment from Osisko Gold Royalties in exchange for a net smelter return (NSR) ranging from 0.125% to 1.5% on certain claims of the company's AntaKori project, as well as a right (currently held by Regulus) to buy back a 1% NSR from a third party on certain AntaKori claims.AntaKori is a copper-gold-silver project located in t...Read More

Vale (NYSE: VALE), the world's largest iron ore and nickel producer, has opened the first phase of a $945 million expansion at its Copper Cliff Complex South Mine in Sudbury, Ont.The project's initial expansion is expected to nearly double ore production at the operation, adding about 10,000 tonnes of low-carbon nickel and 13,000 tonnes of copper production per year."The materials that we're min...Read More

Sailingstone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources (TSX: TQR) said on Friday it will vote against Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) intended US$3.3 billion takeover of the Canadian miner, in a shareholder meeting on Nov. 1.The activist investor said that Rio's bid not only undervalues the target, but it also intends to take advantage of the "material g...Read More

Can you believe it? Joseph Biden has weighed in on the great question of recession. He says he doesn't think there will be one. If there is, however, he says "it'll be a very slight recession. That is, we'll move down slightly."Move down slightly, huh?How about the longest decline in real income in the postwar period? That's where we are right now. We are two quarters deep in declining real GDP. I...Read More

On Thursday, NATO's senior body on nuclear matters made it clear that any nuclear attack by Russia would provoke serious retaliation. The consequences for Russia would be unprecedented, they said, and would almost certainly draw a military response. I believe that's true, and I think Vladimir Putin does too. And that's just one of the many reasons I think we'll avoid a live nuclear war. Bu...Read More

As a result of the stronger production in Q3 2022, following weaker than anticipated production in H1, Kenmare expects production of finished products to be at or around the bottom of its 2022Read More

Share this article VANCOUVER - CMC Metals Ltd. [CMB-TSXV, CMCXF-OTCQB, ZM5P-Frankfurt] said Thursday it has raised $1.4 million from an over-subscribed private placement financing. Subject to TSX Venture Exchange approval, the company will issue 4.97 million flow-through units at 18 cent per share and 3.2 million non-flow- through units at 16 cents each.Net proceeds from the sale of the flow-thro...Read More

Measured and indicated resources increased 98% to 140 million tonnes grading 0.48% copper for 665,500 tonnes of contained copper. Inferred resources increased 92% to 83Mt grading 0.Read More

Cordero, which Discovery Silver is advancing towards a prefeasibility study (PFS), appears to be a relatively simple development as and when the company makes a construction decision, which may comeRead More

The firm has temporarily suspended mining activity and further development in the Main Pit at the Plutonic Gold Mine and is demobilizing the mining contractor due to operational underperformance, theRead More

Eldorado Gold produced 118,790 oz in the third quarter, 4.Read More

Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDAs a result of the stronger production in Q3 2022, following weaker than anticipated production in H1, Kenmare ex...Read More