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 articleVANCOUVER - Hemlo Explorers Inc. [HMLO-TSXV] shares rallied Monday after the company said it has signed a definitive agreement that gives Barrick Gold Corp. [ABX-TSX, GOLD-NYSE] the right to earn a 80% in interest in the company's Pic project in northwestern Ontario.The company said the gold mining major has also agreed to subscribe for, on a private placement basis, 1.84 milli...Read More

North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe result was down 40% on FY21's record result but was in line with analysts' expectations. Revenue was down 22% to $17.4 billion on record iron ore sales of 189 million tonnes.Read More

North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe "unexpected" nickel potential is a "bonus" to the company's gold mission, chairman and CEO Colin Bird said, which has been identified in a combination of geological mapping and historic soilRead More

That would be in the event of votes going against the passing of the constitution, which is the likely outcome according to recent polling that saw 45.Read More

(IDEX Online) - An Indian jeweler has received national recognition after landing a Guinness World Record for a ring made with 24,679 natural diamonds.The Touch of Ami (pictured) took 90 days to make at SWA Diamonds, in Malappuram Inkel Educity, Kerala.The company has now received a Makers of India award for taking the title Most Diamonds Set in One Ring.Renani Jewels, based in Meerut, India, prev...Read More

(IDEX Online) - Diamond billionaire Beny Steinmetz today (Monday) launches an appeal after he was convicted of bribing officials in Guinea for valuable iron ore mining rights.He was sentenced to a five-year jail term and ordered to pay a $52m fine by a judge in Switzerland in January 2021.The court heard that Steinmetz, 66, a French and Israeli citizen, and others, paid $8.5m in a series of bribes...Read More

(IDEX Online) - A jewelry collection owned by US heiress and philanthropist Mary Anne Sammons Cree is expected to raise over $1.5m for charity.Highlight of the 125-lot auction is a 17.6-carat yellow diamond ring (pictured), with an estimate of $300,000 to $400,000. Cree, who died last July aged 91, was the daughter of the late billionaire Charles Sammons, from Dallas, Texas.In 1938 he founded...Read More

The company said lower grade at its Chuquicamata underground mine caused by geomechanical and material handling problems, and lower plant availability also contributed to the decline.Read More

The Ukrainian money-laundering racket continues. Last week Joe Biden pledged another $3 billion in aid to Ukraine. The aid includes weapon systems that will allow Ukraine to defend itself over the "long term."Just how long is the long term? How long does the administration plan on watching Ukraine be destroyed simply because they want to weaken Russia?By now, it's a familiar script. Ukraine says,...Read More

Japan's Honda Motor and South Korean battery maker LG Energy Solution plan to invest US$4.4 billion to build a new battery production plant for electric vehicles in the U.S.The news comes on the heels of a string of recent announcements that aim at cutting China out of supply chains for EVs.It also marks the latest plans by automakers to invest in U.S. production of battery cells for EVs, as the i...Read More

Three diamond drills are turning at Collective Mining's (TSXV: CNL; US-OTC: CNLMF) newly discovered copper-gold-silver Apollo target in west-central Colombia.Apollo is one of eight porphyry-related targets the company has found within a 3-km by 4-km cluster, and is part of the Guayabales project, where it has an option to earn 100% interest.The new results are from two diamond drill holes - APC-3...Read More

The S&P/TSX Venture Composite Index drifted slightly lower over the Aug. 8-12 trading session by 0.6% or 3.99 points to end the week at 645.92. Shares in lithium developer Sigma Lithium rose $5.98 or 23.4% during the session to end at $31.53 apiece. Sigma continues with construction of its Grota do Cirilo spodumene project in Brazil's Minas Gerais state, with commissioning of the first-phase pla...Read More

Over the Aug. 22-26 trading period, the S&P/ TSX Composite Index fell 238.09 points or 1.18% lower, to 19,873.29. The S&P/TSX Global Mining Index gained 2.37 points or 2.54% to 95.54, and the S&P/TSX Global Base Metals Index gained 8.5 points or 5.28% to 169.6. The S&P/TSX Global Gold Index fell by 2.89 points or 1.22% to 233.36, and spot gold ended the week at US50 ? per oz. higher, or 0.29%, at...Read More

The Dow Jones Industrial Average fell 1,423.34 points or 4.22% to 32,283.40, and the S&P 500 closed the trading week at 170.82 points or 4.04% lower at 4,057.66.The week's top US-based value gainers were three potash companies, highlighting an intensifying supply squeeze brought on by Russia's war in Ukraine.Intrepid Potash was the trading week's top value gainer, adding US$12.73 to close at US$55...Read More

The need to discover new sizeable economic nickel deposits has never been more acute as the world transitions to a clean-energy-driven economy that relies heavily on nickel-based battery technologies and more robust nickel-infused steel products. Set against this backdrop, The Northern Miner presents a top-ten ranking of the best nickel drill intercepts reported up to Aug. 17, 2022, with the top...Read More

Graphite One (TSXV: GPH; US-OTC: GPHOF) has released a prefeasibility study on developing a mine at its Graphite Creek property in Alaska and building a battery anode materials manufacturing plant in Washington state. The study was based on a proposed mine life of 23 years and a 26-year operating life for the manufacturing plant, which would use purchased graphite for the first four years until t...Read More

Colombian finance minister Jos?(C) Antonio Ocampo said the government has withdrawn a plan to introduce a 10% duty on gold exports included in the tax reform bill submitted by the new leftist government of President Gustavo Petro in early August.The proposal sought a 10% export tax on the value of gold exports whenever the metal price exceeded US$400 per ounce.The benefits of such plan would have...Read More

Our TNM Drill Down feature highlights 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 Aug. 19-26, 2022.Brisbane-based Santana Minerals (ASX: SMI) delivered the top intercept of the week from its Bendigo-Ophir project in New Zealand's Central Otago goldfields. Hole MDD054 cut 1 metre of 1,400...Read More

Dear Outsider,America was founded on debt.From 1703 to 1775, the 13 Colonies borrowed huge sums of money from the British.At the time of the American Revolution, Colonial merchants and planters owed British creditors 5 million pounds.While the colonists worked to build a "free market," the British were embroiled in multiple wars, including the Seven Years' War, which doubled the national debt and...Read More

That would be in the event of votes going against the passing of the constitution, which is the likely outcome according to recent polling that saw 45.Read More