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

OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDMaple increased its 2022 exploration budget by C$4.8 million in May to fund the drilling of four or...Read More

The company said the financing gives it the financial wherewithal to keep fighting against what it considers to be unfounded interference by US Federal Government agencies in an otherwiseRead More

OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDThe company's half-year results were down year-on-year across the board, with underlying EBITDA fall...Read More

The lithium hydroxide will be used in GM's Ultium battery cathodes, which will power electric vehicles (EV) such as the Chevrolet Blazer EV, Chevrolet Silverado EV, GMC HUMMER EV and Cadillac LYRIQ.Read More

Managing director Ian Bamborough says Saturn Metals is gaining momentum, as it goes "full throttle" on a scoping study for its recently updated 1.47 million ounce Apollo Hill gold resource and continues to explore the plus-1,000sq.km project in Western Australia for complementary gold deposits.Read More

(IDEX Online) - De Beers today said it sold $630m (provisional) of rough during Cycle 6, a year-on-year increase of almost 23 per cent as demand remained "robust".The figure is a light drop on Cycle 5's $657m (up a third year-on-year). Rough sales during Cycle 4 were $604m.Bruce Cleaver, CEO, De Beers Group, said: "Following a period of consistently robust demand in the first half, we continu...Read More

IDEX Online) - A huge pink diamond weighing 170 carats has been recovered at the Lulo mine, in Angola.Australia-based miner Lucapa describes it as "an historic recovery" and says it is believed to be the largest pink diamond found in the last 300 years.The stone, named The Lulo Rose, will be sold at international tender by Sodiam E.P, the Angolan state diamond marketing company.Tobias Kormind, man...Read More

OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDBorn in 1958, he graduated from the New Mexico Institute of Mining and Technology in 1981, becoming...Read More

"Teck will have the mining sector talking tomorrow morning with a slew of press releases tonight," BMO Capital Markets analyst Jackie Przybylowski said.Read More

"While global inflationary pressures were present in the first quarter of this year, second quarter costs were further impacted by higher energy and commodity prices resulting from the conflict in Ukraine," First Quantum said in its Q2 results, which were released after market close on July 26."Costs for fuel, explosives, freight, mill balls, reagents and other consumables represent almost half of...Read More

Shares in Canada's uranium major, Cameco (TSX: CCO; NYSE: CCJ), gained nearly 10% on Wednesday after the company reported higher core profit than expected amid an uptick in uranium prices.The Saskatoon, Sask.-based company said headline profit per share more than doubled to 18 ?, compared with analyst forecasts calling for a loss of 1 ?.Revenue for the three months ended June increased 55% year-on...Read More

NorthWest Copper Corp. (TSXV: NWST; US-OTCQX: NWCCF) has released a new mineral resource estimate on the Lorraine project, about 40 km. from the company's Kwanika-Stardust project in Central B.C.The June 30 technical report draws on drilling completed between 1949 and 2009 and calculates an indicated resource of 12.9 million tonnes for 156,093 lb. of copper, grading at 0.55% copper and 0.66% coppe...Read More

Mining financier and entrepreneur Lukas H. Lundin has died in Geneva at the age of 64, following a two-year battle with brain cancer. The Swedish-Canadian Lundin, known for his shrewd business sense and willingness to take risks, was born in 1958 in Stockholm. Lundin learned the natural resource business from his father, the late Swedish resource magnate Adolf H. Lundin and founder of the Lundin...Read More

Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada's largest diversified miner, has announced its chief executive officer, Don Lindsay, will step down after 17 years in the role.Lindsay, who will leave by the end of September, will be replaced by two executives in what the company calls "the culmination of a multiyear succession process." Chief financial officer Jonathan Price will take over...Read More

Australia's Lucapa Diamond (ASX: LOM) has recovered a rare 170-carat pink diamond at its prolific Lulo mine, believed to be the largest of its kind found in Angola in the last 300 years.The massive pink stone named the "Lulo Rose" will be sold later this year through an international tender conducted by Angolan state-owned diamond trading firm Sodiam.Lucapa has a 40% stake in the Lulo mine, whic...Read More

Last week, Ford announced several plans to source new EV batteries and related minerals, including lithium and nickel, to support the company's goal of achieving annual production of 600,000 electric vehicles by next year and over 2 million by 2026.The company announced Chinese battery maker Contemporary Amperex Technology Co. Ltd. (SHE: 300750) will supply lithium-iron-phosphate batteries for new...Read More

Consensus opinion projected the Federal Reserve would elevate its target rate 75 basis points today.The monetary authority greeted expectations, precisely - 75 basis points it was, announced at 2 p.m. Eastern.Thus the federal funds rate presently ranges between 2.25-2.50%.This rate of course falls miles and miles beneath the 9.1% (official) consumer price inflation currently going.Assume today's b...Read More

Share this article VANCOUVER - TNR Gold Corp. [TNR-TSXV] said Tuesday it has monetized its royalty holding on the Mariana lithium-potash brine project in Argentina via a partial sale to an Ontario limited partnership affiliated with Lithium Royalty Corp. (LRC).TNR shares rallied on the news, rising 25% or $0.01 to $0.05 on volume of 737,390. The shares are currently trading in a 52-week range o...Read More

In April, Ascot said it had been unable to reach an agreement with Sprott Private Resource Lending on the satisfaction of the drawdown conditions for the remaining US$60 million of an $80 millionRead More

OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDVan Eck was once of the institution investors irked by the premium, reminding its clients in a resea...Read More