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) - Bruce Cleaver is to step down early next year as CEO of De Beers Group and will be replaced by Al Cook, of the Norwegian energy giant Equinor.Cleaver, who was appointed as CEO in 2016, will become co-chairman of the company.Cook is currently executive vice president of exploration and production international at Equinor, the state-owned petroleum company, with responsibility for op...Read More

Analysts from the investment bank are bearish on copper, downgrading their three-month forecast price from US$7500 per t (which is around current levels) to just $6200/t or $2.80 per pound.Read More

Canada's largest uranium producer Cameco (TSX: CCO) has announced a significant expansion into the nuclear services sector after agreeing to buy U.S.-based Westinghouse Electric with Brookfield Renewable Partners (NYSE: BEP) in a US$7.9 billion deal, the companies announced on Tuesday.Brookfield Renewable and its institutional partners will own a 51% interest in Westinghouse, while uranium fuel su...Read More

Burkina Faso-focused miners say operations have not been affected following a second coup d'?(C)tat on Sept. 30 that saw the country's president Lt.-Col. Paul Henri Sandaogo Damiba overthrown after only nine months in power.While local mining operators face growing security, logistical and financing issues, they appear to remain bullish on the jurisdiction, with no announcements emerging of reduce...Read More

This week's episode features George Hemingway, Managing Partner Head of Innovation Practice, Stratalis, in conversation with Northern Miner production editor Blair McBride at the Q3 Global Mining Symposium. George discusses how the mining industry needs to take a more personal approach to persuade younger people to have a more positive view of it.All this and more with host Adrian Pocobelli. "R...Read More

The Dow Jones Industrial Average?EUR?rose?EUR?571.28 points or 1.99% to?EUR?29,296.79 and the S&P 500?EUR?gained 55.04 points or 1.51% over the Oct. 3-7 trading week to?EUR?finish at 3,639.66.?EUR? Vale added US$1.10 to US$14.42, though down from the week's high of US$15.19 per share, after the world's largest nickel and iron ore producer said it would reorganize its Brazilian base metals operati...Read More

The S&P/TSX Venture Composite Index gained 13.89 points or 2.3% over the Oct. 3-7 trading session to end at 608.02, after reaching an intra-week high of 623.23 on Oct. 4.Sigma Lithium was this week's top value gainer, adding $1.37 per share to close the week at $38.84. Sigma's share price has surged more than 270% in the past 12 months as lithium prices continue to rise, bolstered by renewed aware...Read More

Stocks rose slightly over the Oct. 3- 7 trading period as the Organization of Petroleum Exporting Countries and 10 other large crude oil producers such as Russia (OPEC+) agreed to limit output, helping energy and gold company shares. Stock markets continued to show volatility while digesting central banks' drive for higher interest rates to quell inflation while the United States dollar eased. Th...Read More

Azimut Exploration (TSXV: AZM; OTC: AZMTF) has received the Discovery of the Year award from the Mineral Exploration Association of Quebec (AEMQ) for the discovery of the Patwon gold zone on the company's 100%-owned Elmer property.The award is granted to highlight the importance of a new discovery that has a ripple effect on exploration activities both on the property and in the surrounding area.T...Read More

Canadians may be a modest bunch, but when it comes to our importance in the global mining industry, we could stand to brag a little. At The Northern Miner's Q3 Global Mining Symposium in late September, Douglas Silver presented data showing Canada leads the world in exploration spending (US$800 million per year vs. US$530 million for runner-up Australia); in capital spending on mining (accounting...Read More

De Beers, the world's top diamond producer by value, has appointed oil and energy industry executive Al Cook as its new chief executive to replace Bruce Cleaver, who leaves the top job after six years at the helm.England-born Cook, with 25 years in the energy industry and currently vice-president of Norwegian oil major Equinor's exploration and production business, will assume leadership of De...Read More

Australia's Vital Metals (ASX: VML), the first rare earths producer in Canada, has walked away from a deal with Quebec Precious Metals Corp. (TSX-V: QPM) to buy the junior's Zeus project and a 68% stake in the Kipawa heavy rare earths, inked last year.Vital's new management informed QPM that it had not been satisfied with the results of its due diligence on the projects, in particular the abilit...Read More

Today we reckon from the viceful and sinful city of Las Vegas, Nevada.It is here that worldly temptation tugs from all sides. Devils perch on every shoulder and the most atrocious carnalities besiege the delicate senses.How a man of virtue can escape the place's remorseless gravity we do not know.We have observed repeated violations - at times egregious and unrepeatable violations - of Commandment...Read More

In this article, we discuss 12 best gold mining stocks to buy now. If you want to see more stocks in this selection, click 5 Best Gold Mining Stocks to Buy Now. As per a Bloomberg report dated October 9, investors in the West are dumping their gold assets, while Asians see the tumbling prices [...]Read full newsRead More

Barrick Gold (GOLD) closed the most recent trading day at $15.27, moving -1.36% from the previous trading session. This move lagged the S&P 500's daily loss of 0.75%. Elsewhere, the Dow lost 0.32%, while the tech-heavy Nasdaq lost 0.07%. Coming into today, shares of the gold and copper mining company had lost 2.76% in the past month. In that same time, the Basic Materials sector lost 3.29%, wh...Read More

Social-media giant Facebook will showcase its new mixed-reality headset on Oct. 11. But something else is key to its resurgence.Read full newsRead More

Although gold cooled by nearly 3%, it was enough to beat U.S. Treasury and corporate bonds, domestic and oversea stocks, commodities and Bitcoin. In the bloodbath that was September, gold's traditional role as a diversifier and haven was clear to see.Read full newsRead More

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Illegal airstrips, toxic mercury ponds and forest-wrecking heavy machinery have proliferated as prospecting for gold on Indigenous lands and other protected areas has exploded in recent yearsRead full newsRead More

Bitcoin (CRYPTO: BTC) asset management firm Grayscale announced a new investment product that gives investors exposure to Bitcoin mining equipment. The fund will generate money to purchase Bitcoin ASIC computers, which Foundry Digital will run to mine and trade Bitcoin for investors. The Asset Management Firm's Strategic Mining Play The goal of Grayscale Digital Infrastructure Opportunities (GDIO)...Read More