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

TNM Drill Down, released every Monday, focuses on the top gold assays of the past week. Assays are?EUR?ranked by gold grade x width, as identified by our sister company?EUR?Mining Intelligence?EUR?. Top gold assays July 29 to Aug 4, as identified by Mining Intelligence.Australia's Musgrave Minerals (ASX: MGV) had the top drill hole of the week July 29-Aug. 4 at its flagship Cue project in Wester...Read More

U.S.-based Uranium Energy Corp. (NYSE-AM: UEC) has trumped Denison Mines' (TSX: DML) competing bid for Canada's UEX Corp. (TSX: UEX) after sweetening its original bid.The revised offer gives each holder of UEX shares 0.0890 of one common share of Uranium Energy for each UEX share held. This implies a consideration of about 49 ? per UEX share, versus the prior offer of 43 ? per share, a 14% price i...Read More

Australian copper producer OZ Minerals (ASX: OZL) rejected on Monday an unsolicited A$8.4 billion (US$5.8 billion) takeover bid from the world's largest miner BHP (NYSE: BHP; LSE: BHP; ASX:BHP), stating that it "significantly undervalued" the firm.Earlier on Monday, BHP had offered A$25 per share for Oz Minerals, representing a 32.1% premium to the stock's closing price on Friday.The approach is p...Read More

Silvercorp Metals (TSX: SVM; NYSE: SVM) is expanding its mining operations to meet the growing demand for silver used in the solar panels and wind technologies that are powering the transition to a green energy future.The Canadian miner has "significant exposure to silver, which is an essential ingredient for the global push towards decarbonization, and, like gold, is viewed as a safe-harbour inv...Read More

Following the Randgold Resources and Barrick merger in 2018, Bristow pushed decision-making power out to the regions, which he believes motivated them to take ownership of decisions and improveRead More

Despite Coeur Mining (TSX: CDE) reporting June-quarter production and costs mainly in line with Bay Street estimates, at least one analyst has downgraded the issuer while flagging concern over perceived balance sheet risk over the coming 12 months.Canaccord Genuity Capital Markets analyst Dalton Baretto has downgraded the issuer to 'HOLD' from 'BUY' and is modestly reducing his target price to US$...Read More

U.S.-based Uranium Energy Corp. (NYSE-AM: UEC) has trumped Denison Mines' (TSX: DML) competing bid for Canada's UEX Corp. (TSX: UEX) after sweetening its original bid.The revised offer gives each holder of UEX shares 0.0890 of one common share of Uranium Energy for each UEX share held. This implies a consideration of about 49 ? per UEX share, versus the prior offer of 43 ? per share, a 14% price i...Read More

Dear Outsider,President Biden is set to sign the $52 billion CHIPS Act into law tomorrow.This comes just as Nancy Pelosi is getting back from her controversial trip to Taiwan.The Chinese government didn't like it all, threatening military action.If you didn't know, Taiwan is the world's largest chipmaker.It all starts to make sense, doesn't it?The world's powers are vying...Read More

Rick Rule Symposium 2022youtu.beGold has seen ups and downs this summer, but is solidly below its Q1 peak of over US$2,000 per ounce.Speaking to the Investing News Network at the Rule Symposium in Florida, Rick Rule, the host of the event and...Read full newsRead More

(IDEX Online) - Namibia's diamond production increased by more than two thirds (67.2 per cent) following the launch of its latest diamond recovery vessel.Second quarter figures for the second quarter of 2022 were 565,000 carats, up from 338,000 in Q2 last year.Debmarine, a 50/50 joint venture between De Beers Group and the Government of Namibia, began operations in March with its new $420m ve...Read More

(IDEX Online) - The IDEX Polished Price Index declined more markedly during July. It closed down by 2.05 per cent, compared with 1.18 per cent in June and 0.69 per cent in May. The rate of decline appears to be accelerating with each passing month. January and February, by comparison, showed sharp increases, up by 5.67 per cent and 4.14 per cent respectively.IDEX Online subscribers please cli...Read More

(IDEX Online) - Botswana Diamonds says it has found more kimberlite - the rock that hosts diamonds - during explorations at its Thorny River project in South Africa. Last September, the UK-listed company took full control of the site, in northern Limpopo province, by exercising its pre-emptive right to acquire outstanding third-party interests. The company says its drilling campaign has...Read More

Though it’s difficult to be confident of anything in the current flux we're experiencing, I am pretty confident of three things:1) Price is set on the margins.2) Currencies are the foundation of every economy.3) The financial forecasts issued to calm the public do not reflect operative geopolitical goals.Let's break this down. Every national government has “global interests.” Gov...Read More

Share this articleVANCOUVER - Gander Gold Corp. [GAND-CSE, GANDF-OTCQB] said Friday that as exploration continues on its Gander North project in Newfoundland, it has identified what is potentially a major new gold trend located 25 kilometres east of the Appleton trend that hosts high-grade gold discoveries that are being developed by New Found Gold Corp. [NFG-TSXV] and Labrador Gold Corp. [L...Read More

The company said the feasibility study confirmed the plan for gravity, milling and heap leach processing.Read More

Inflationary pressures and the acceleration of certain capital programmes including a tailings facility where highlighted as the causes, with the company increasing its 2022 AISC guidance toRead 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 mineralsAdventus has definitively secured up to $235.5 million in finance for the future construction of El Domo, of which only $2.5...Read More

The firm's US$500 million of liquidity in cash and cash equivalents, together with access to funding under a heads of agreement with Rio Tinto, will meet its minimum obligations for at least 12 monthsRead More

Shares in the Brisbane-based, London-listed developer dropped last week on rumours of an unsuccessful capital raising. CEO Darryl Cuzzubbo confirmed the company tested the market.Read More

Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy Agency (IEA) has found.In short, the report concludes the industry needs to build 50 more lithium mines, 60 more nickel mines and 17 more cobalt mines by 2030 to meet global net carbon emissions goals.Pressure on the supply of critical...Read More