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 two firms announced on September 1 that they had reached an agreement in principle for a US$3.Read More

North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThis resulted in the delivery of lower grade or to the mill, which negatively affecting recoveries and concentrate grades, the company's CEO Ralph Shearing said."In addition, the mine installed a copper recovery...Read More

The company said the facility, which is led by National Bank Financial, features more favourable covenants, lowers the margin of borrowing, and extends the term to 25 August 2025 from 29 March 2024."With this facility and ongoing free cash flow generation from our Eagle River mine, Wesdome maintains significant financial liquidity and flexibility as we look towards ramping up Kiena in the near ter...Read More

Mining firms, including those in the copper, lithium and nickel sectors, have faced regular delays in securing environmental approvals and other permits to develop new mines in the US, especiallyRead More

US President Joe Biden's Inflation Reduction Act, signed into law on August 16, is also expected to support the North American uranium and nuclear sectors through US$30 billion in tax credits over 10Read More

North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDLast week's ‘From the Capital' column discussed the link between movements in the prices of gold companies with established production and the price of the metal itself.Read More

McEwen Copper said it is well-funded to advance its Los Azules project in San Juan, Argentina—which is expected to see the completion of an updated preliminary economic assessment early next year and an initial public offering during the first half. As part of the deal, however, the IPO, or any liquidity event, is not to take place until after 31 March."Los Azules is among the largest undeve...Read More

(IDEX Online) - There were significant losses among rounds, as the war in Ukraine enters its seventh month. A more mixed picture among fancies. Indian manufacturers are still filling the supply gaps, especially small goods, by switching to lab growns. However Alrosa is reportedly selling $250m of rough a month despite sanctions, circumventing dollar restrictions by accepting rupee payments. Alrosa...Read More

North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED"Meeting the challenge of the demand for energy transition minerals could imply an exacerbated extractivism for Colombia.Read More

(IDEX Online) - Members of the IDEX diamond trading network can now search, buy and sell Lab Grown diamonds online for the first time. The new feature has been introduced as part of IDEX's Guaranteed Diamond TransactionsTM, the fully automated online diamond trading service. All Lab Grown diamond listings are uploaded in separate inventory files to assure no confusion with natural diamon...Read More

North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDRio already owns 51% of Turquoise Hill and in March bid C$34 per share for the remaining shares it didn't hold. Turquoise Hill rejected that offer and Rio returned last week with a $40 per share bid.Read More

Credit rating firm Moody's Investors Service has pared down its 12-month price outlook for a basket of metals and mining commodities, citing a global economic slowdown and softening demand.Essential commodities affected include gold, silver, steel, aluminum and copper, as slack demand dents global growth momentum."China is a major consumer of base metals, coal and iron ore, and the largest steel p...Read More

The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global director for energy transition, purpose and performance with Partners in Performance.Russell emphasizes the need for decarbonization strategies to become mainstream and incorporated into the industry's routine management, operating and...Read More

Copper is known by several monikers: The red metal for its colour; Dr. Copper because its price is a reliable economic indicator; and now, the "green metal" for its central importance in electrification. Below we highlight the top five copper drill results of the year so far (to Aug. 17), ranked by grade x width, as identified by data provider Mining Intelligence. Best copper drill results year...Read More

McEwen Copper, a subsidiary of McEwen Mining (NYSE: MUX; TSX: MUX), has closed the third and final tranche of its previously announced private placement of common shares priced at US$10 each.This financing tranche comprised a US$25 million investment by Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) copper leaching technology venture, Nuton, and US$1.9 million from other investors. This brings the...Read More

Marathon Gold (TSX: MOZ) is moving ahead with its proposed Valentine open-pit gold mine in central Newfoundland after the company's board approved construction."The company's decision to proceed with construction of the Valentine Gold project considers the impact of almost two years of market inflation on the project's costs, as well as a necessarily cautious approach to project management, contin...Read More

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has reached an in-principle deal with Turquoise Hill (TSX: TQR) to buy the 49% of the Canadian miner it doesn't already own for US$3.3 billion.The move would grant the global miner direct ownership of the giant Oyu Tolgoi copper-gold mine in Mongolia, located 550 km south of the capital Ulaanbaatar. It also brings the six-month takeover battle to an end,...Read More

North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED"No one is against the companies, but we are looking for distinct economic models.Read More

An international team of researchers has pinpointed a dramatic shift in the composition of rocks making up earth's continents that was driven by the primitive vegetation trapping mud on land, stopping it from washing down rivers and out into the sea.The discovery was made by linking the fossil record of plants with archives of environmental change, and with records of the chemical composition of t...Read More

Share this articleVANCOUVER - Orea Mining Corp. [OREA-TSX, OREAF-OTCQX, 3CG-FRA] shares rose sharply Wednesday after the company said it has secured a 100% interest in the Montagne d'Or gold deposit in French Guiana by acquiring the 55.01% interest held by United Kingdom-based Nord Gold SE [NORD-LSE].Montagne d'Or is a permitting-stage open pit gold mining project that hosts proven reserves of 8...Read More