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) - Buyers placed orders worth $88m at India's second Lab-Grown and Jewellery Exhibition, say organizers.The four-day event in Mumbai attracted over 100 exhibitors and 25,000 visitors. "We see great potential in the lab grown diamond industry," Rajesh Bajaj, convenor of the Lab-Grown Diamond and Jewellery Promotion Council (LGDJPC) told the Indian Express."Even buyers from Ho...Read More

(IDEX Online) - Hard drives and documents have been seized in a raid on the Alexander Bay Diamond Company, in Johannesburg, South Africa.It's part of an investigation into alleged corruption at Alexkor, the state-owned diamond firm, and its links to the super-wealthy Gupta family - described by the US Treasury as "members of a significant corruption network".Alexkor appointed the Alexander Ba...Read More

The strangest thing happened this week.On Monday evening, Aug. 8, news broke that earlier in the day the FBI had sent a large, armed raiding party to the Florida home of former President Donald Trump. News accounts reported at least 30 agents on site. Photos showed several G-men slinging automatic rifles.Then the next morning, Tuesday, Aug. 9, the price of gold barely moved from a recent trading l...Read More

The US Court of Appeals for the Circuit of the District of Columbia ruled lawful a prior decision by the US Nuclear Regulatory Commission to grant enCore subsidiary Powertech Uranium an extractionRead More

Investor Insight: InterGroup MiningSPONSOREDintergroup miningEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto mineralsThe US Court of Appeals for the Circuit of the District of Columbia ruled lawful a prior decision by the US Nuclear Regulator...Read More

Chief executive Neal Froneman also used a presentation of the company's US operations to highlight that current market conditions did not support mergers and acquisitions activity in the goldRead More

"While not without its challenges, our diverse portfolio once again delivered strong operating cash flow and an attractive dividend yield, highlighting the resiliency of the streaming model to the inflation pressures currently being felt across the global economy," Wheaton's president and CEO Randy Smallwood said.The company's adjusted net earnings for the three-month period fell 7% year on year t...Read More

Share this article VANCOUVER - Victoria Gold Corp. [VIT-TSXV] on Friday said production at its flagship Yukon mine for 2022 is expected to be close to the lower end of the company's original guidance of between 165,000 ounces and 190,000 ounces.The forecast is contained in the company's second quarter financial report and is attributed to increased unplanned downtime within the crushing and con...Read More

The company said drilling across its properties is delivering and it has expectations that its 2022 reserve and resource estimates will report record levels, above those seen in 2021 when it reportedRead More

Under the financing deal, Bluescape has agreed to purchase $60 million aggregate principal amount of senior secured convertible notes due 2027 which will be convertible into shares of the 5E's commonRead More

Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdChief executive Neal Froneman also used a presentation of the company's US operations to highlight that current market conditions did no...Read More

Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltd"While not without its challenges, our diverse portfolio once again delivered strong operating cash flow and an attractive dividend yiel...Read More

Until mid-May prices for the two metals ran on parallel tracks, largely because they share a common market in batteries for electric vehicles (EVs) and consumer electronics but also because supply forRead More

Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdThe company's adjusted earnings per share fell to US$0.02 in Q2, which is down from $0.07 a year earlier."We were slightly ahead of our...Read More

Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltd"Our business generated healthy free cash flow of US$21.9 million in spite of declining metal prices in the quarter and the compounding...Read More

Higher production will be supported by a gold royalty payment from the Hod Maden gold-copper mine in Turkey.Read More

Karora Resources (TSX: KRR; US-OTC: KRRGF) says a preliminary economic assessment for the nickel resources at its Beta Hunt mine in Western Australia has outlined a low capex project with strong leverage to rising metal prices.The operating gold mine, 600 km from Perth, is home to a deposit that hosts both gold and nickel in adjacent discrete mineralized zones, which the company describes as a "ve...Read More

Only newsletter writers and commodity analysts see the future with perfect clarity, the rest of us must muddle along with probabilities and best guesses. A strategist was quoted recently in The Northern Miner as having a US$5,000 per ounce two-year outlook on gold. He might be gifted with foresight but, for mere mortals, Doris Day explained it perfectly in 1956 with what became her signature so...Read More

Global Atomic (TSX: GLO; US-OTC: GLATF) has finalized the formation of Societe Miniere de Dasa (Somida) as its mining subsidiary for the Dasa uranium project in Niger and the government has increased its interest to 20%, which includes a 10% free carried interest and an additional 10% interest to be funded.Somida will be headed up by Moussa Souley, a Nigerian mining engineer who previously served...Read More

Australia's Stanmore Coal (ASX: SMR) has acquired the remaining 20% stake in the South Walker Creek and Poitrel coal mines in Queensland from Japanese trading house Mitsui & Co. in a deal valued at US$380 million.The move, which seeks to complete the takeover of the metallurgical coal joint venture BHP Mitsui Coal (BMC), follows a deal inked in November with BHP to buy the mining giant's majority...Read More