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

Rumble Resources describes its flagship Earaheedy project in Western Australia as an emerging world-class base metals discovery, where it's set an initial exploration target of 100-120Mt at 3.5%-4.5% lead-zinc sulphide, as managing director Shane Sikora outlines, along with a host of catalysts including an upcoming maiden JORC resource.Read More

(IDEX Online) - Two suspects have been arrested after an armed robbery in Phoenix, Arizona, USA, that left a jewelry store worker in a critical condition with a gunshot wound.Matthew David Jones, 22, and Helen Ann Simmons, 18, were caught two days later at Huntington Beach, California, 400 miles away, following an hour-long car chase that was caught on camera.One suspect allegedly pointed a gun at...Read More

(IDEX Online) - GIA is to open a lab in Dubai for the first time, it was announced today.It is scheduled to open in mid-2023, offering its services to over 1,150 diamond companies at the Dubai Multi Commodities Centre (DMCC).News follows an announcement in February that Dubai had overtaken Antwerp as the top trading hub globally for rough diamonds - over $22.8bn in 2021.The move "reflects Dubai�...Read More

"Most of the impact to production came from lower-grade ore and crushing circuit throughput," Copper Mountain's president and CEO Gil Clausen said.Read More

In this week's episode, we take a closer look at Alcoa's Q2 earnings call, featuring Alcoa president and CEO Roy Harvey and CFO William F. (Bill) Oplinger, who discuss rising energy costs, the benefits of a strong U.S. dollar, challenges to smelter profitability and ongoing environmental initiatives to reduce greenhouse gas emissions.All this and more with host Adrian Pocobelli.Music Credits:"R...Read More

The equity in Aztec Minerals (TSXV: AZT; US-OTCQB) jumped as much as 41.5% on Tuesday after it announced a deal with private concern Kootenay Silver Inc. to acquire a 100% interest in the Cervantes porphyry copper-gold project in Sonora state of northwestern Mexico.Aztec has agreed to issue to Kootenay 10 million shares at 25 ? apiece in return for Kootenay's 35% interest in Cervantes. Kootenay wi...Read More

Frontier Lithium (TSXV: FL; US-OTC: LITOF) has released results for four drill holes completed at the Spark pegmatite, part of the company's PAK lithium property located north of Red Lake, Ont.The current drill program began in May 2022 and is still in progress. The initial drill holes were designed to quickly convert the inferred resource within the central portion of the Spark deposit to the ind...Read More

Wallbridge Mining (TSX: WM; OTC: WLBMF) has reported positive assay results from ongoing resource drilling at its flagship Fenelon gold project, further expanding the lateral footprint of the deposit beyond its initial 2021 resource estimate.Fenelon is located 80 km east of Agnico Eagle Mining's (TSX: AEM; NYSE: AEM) Detour Lake gold mine at the centre of Wallbridge's land package, which covers ro...Read More

Australia-based Greenland Minerals (ASX: GGG) said on Tuesday it will fight the Greenland government's draft decision to reject a mining permit for the company's Kvanefjeld rare earths project, based on a nationwide ban to uranium exploitation and exploration passed in November.The miner's vast Kvanefjeld project, one of the world's biggest, was granted preliminary approval in 2020. While focuse...Read More

All the talk right now is about recession. Are we in one right now? (We'll have the technical answer on Thursday.)The spinmeisters in the Biden administration and the media are of course trying to redefine a recession in an attempt to get ahead of the news cycle.But today, I want to take the longer view and see the bigger picture. What is it? Here it is:The economy remains stuck in the New Great D...Read More

The company is looking to raise gross proceeds of up to $2 million from the placement of up to approximately 11.1 million units priced at $0.18 per unit. Eac...Read full newsRead More

Creates a company with larger scale and significant free cash flow to unlock shareholder value Substantial combined gold reserve of 3.8 Moz and resource base of 18.3 Moz Measured & Indicated and 7.7 Moz Inferred 1 Strengthened mine-building, operating and financial capacity Streamli...Read full newsRead More

Adjusted second quarter earnings before interest, taxes, depreciation, and amortization (EBITDA) for the Denver-based firm fell 28% to US$1.1 billion from $1.6 billion a year earlier.Read More

Share this article VANCOUVER - GCM Mining Corp. [GCM-TSX, TPRFF-OTCQX] said Monday it has agreed to acquire all the outstanding shares of Aris Gold Corp. [ARIS-TSX, ALLXF-OTCQX] not already held by GCM. The resulting entity will be named Aris Gold Corp. and will be led by Ian Telfer as Chair and Neil Woodyer as CEO and director.GCM already owns 60.9 million Aris Gold shares or 44.3% of the comp...Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipOzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsAn additional 90,000oz were converted from the inferred to indicated category. This resulted in an updated estimate comprising 263,000oz gr...Read More

GCM currently owns 44.3% of Aris. Under the terms of the no premium transaction, all Aris shares not held by GCM will be exchanged at a ratio of 0.5 of a share of GCM for each Aris share.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 SupplementSPONSORED  The US$65 million, two-stage deal will see an initial $10 million committed to expand explora...Read More

Ivanhoe Electric is aiming to develop the Santa Cruz copper project in Arizona and has promoted the development as a key future supply of a key metal in the energy transition.Read More

(IDEX Online) - Formula One heiress Tamara Ecclestone is offering a $7.2m reward for the return of jewelry stolen in Britain's highest-value house burglary.Three Italian nationals were jailed last November after they made off with valuables worth over $31m (at today's exchange rate) from her 57-room mansion in Kensington Palace, London, while she and here family were on holiday in 2019.B...Read More

(IDEX Online) - A Bulgari sapphire and diamond brooch that belonged to Hollywood icon Liz Taylor is being sold.The British-born actress, best known for Cat on a Hot Tin Roof, Cleopatra and Who's Afraid of Virginia Woolf, died in 2011, having amassed a huge collection of jewelry from her eight husbands.The majority of her collection sold at Christie's shortly after her death, netting over...Read More