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 SupplementSPONSOREDAdjusted second quarter earnings before interest, taxes, depreciation, and amortization (EBITDA) for...Read More

(IDEX Online) - GIA is partnering with eBay to authenticate items of fine jewelry sold on the platform.Its experts and gemologists, will verify metal type, purity, and gemstone quality for new and used items sold for over $500.GIA checks the item matches its online description, then ships it direct to the customer a unique authentication card with a QR code. The move marks an expansion of eBa...Read More

The decision follows a May decision which rejected a permit application for the $3 billion Los Bronces integrated project, which contemplates an underground mine to extend the mine life from 23 yearsRead More

After reviewing security controls and standards, and reinforcing the safety training of contractors, the vice presidency of projects gave the green light to gradually restart works.Read More

The viability report, commissioned by Kavango to assess whether the target would be economically viable, is a conceptual study—and not a definitive study.The study, prepared by Executive Mining, concludes the IOCG target would be economically viable at depths up to 2 kilometres below the surface, should sufficient bulk of mineralization be discovered that is of sufficient grade.Kavango now p...Read More

It's about a two-hour flight north-northwest from the uber-developed Chilean capital of Santiago to reach the dusty airport just outside Antofagasta, a seaside city on the edge of the Atacama Desert, said to be the second driest place on earth after Antarctica. As we're driven away from the airport, we pass under a giant BHP-Escondida greeting banner. It's immediately clear we're now in big-tim...Read More

Colombia focused precious metals producers Aris Gold (TSX: ARIS) and GCM Mining (TSX: GCM) have announced an all-share merger deal that will see GCM - already a major shareholder of Aris - acquire all remaining outstanding shares. GCM currently holds nearly 61 million Aris shares, representing about 44.3% of the issued and outstanding common shares of the Vancouver-headquartered Aris. The ne...Read More

Welcome to our new weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence. This week's top result was from Burtville East, one of four prospects at Panther Metals' (ASX: PNT) 90-sq.-km Merolia gold project in Western Australia. The best hole from the first-pass six-hole, r...Read More

The equity of Copper Mountain Mining (TSX: CMMC; ASX: C6C) fell to a fresh 12-month low on Monday after the company said low grades and mill throughput resulted in a 48% year-on-year drop in second-quarter copper output from its eponymous mine in British Columbia.President and CEO Gil Clausen said in a statement the company was dealing with "a number of challenging issues" in the three months thro...Read More

Copper is a metal vital to the world's green energy transition - used in electrical wiring, appliances, computers, vehicle motors and smart phones. Demand can only grow - and market researcher Wood Mackenzie expects copper demand from passenger EVs alone to jump to around 2.9 million tonnes over the next decade from about 600,000 tonnes in 2021.The story of Vortex Metals (TSXV:VMS), started with t...Read More

Yukon-focused explorer Snowline Gold (CSE: SGD) has completed the first tranche of its previously announced private placement, issuing 7 million flow-through common shares priced at $1.40 each and 10 million units at $1.25 each, for aggregate gross proceeds of $22.3 million. Each unit comprises one common share and one-half of a common share purchase warrant, with each whole warrant exercisable fo...Read More

South32 (LSE: S32; ASX: S32; JSE: S32) is still looking to sell its 50% interest in the Eagle Downs metallurgical coal project in Queensland, Australia, where development was put on hold in January last year.The company, which owns the project along with Aquila Resources, a subsidiary of Chinese steelmaking giant China BaoWu Steel Group, said at the time the project's expected returns did not "sup...Read More

Chile state-owned copper miner Codelco has begun to gradually restart two of its ongoing growth projects, which were halted last week following the death of two workers this month at different mine sites.The plan contemplates tackling infrastructure projects in the Andina and Radomiro Tomic divisions first, to move in coming days to those involving underground and pit mining, the world's largest...Read More

These are exciting times for ACME Lithium (TSXV: ACME; US-OTC: ACLHF), says Steve Hanson, its founder, president, and CEO, as the company hits a key milestone in the development of its flagship Clayton Valley lithium brine project in Nevada.In June, the Canadian junior completed its first exploration drill hole on the property. Drilled to a depth of 427 metres, hole DH-1 "encountered several prosp...Read More

(IDEX Online) - Trans Atlantic Gem Sales (TAGS) sold around $35m at its July rough tender in Dubai, as it reported "fragility" in the market.That's an increase on sales in June of $25m, which were up from $20m in April. TAGS said it presented around $50m of goods in a full range of sizes, and sold around 70 per cent."Overall, prices in sizes -3grs held up well, 3-6grs performed less well as d...Read More

Nancy Pelosi is running scared.The Feds are hot on her trail.The American people are chasing her with pitchforks.They want answers.That's because the Pelosis continue to profit from the stock market using material nonpublic information.In other words, they're committing insider trading in broad daylight.But no one can do anything about it because members of Congress wrote laws to protect...Read More

On Wednesday the Fed will be announcing another rate hike. The only question is how big will it be?The market consensus forecasts a 75-basis-point increase, which I happen to agree with.Regardless, the Fed is tightening into weakness. For the economy and the stock market, that means a bumpy ride is ahead - and maybe a very bumpy ride.First of all, it's highly likely that the U.S. economy is in a r...Read More

(IDEX Online) - Gemfields says operations at its ruby mine in Mozambique are continuing, with increased vigilance, despite an attack in the vicinity as party of an Islamic State-linked insurgency.The London-based miner operates and owns 75 per cent of Montepuez Ruby Mining (MRM), which last month reported a record $95.6m revenue from online auction of its rubies.Thousands of people have died since...Read More

(IDEX Online) - Sotheby's may be responsible for the loss of 45 vivid yellow diamonds, worth $4m, a federal judge in California, USA, has ruled.A consulting and brokerage firm, M&L Financial, took the gems to Sotheby's New York (pictured) for auction on consignment in 2109.The company, based in Dallas, Texas, told Sotheby's it was the exclusive owner of the diamonds.But the auct...Read More

(IDEX Online) - De Beers has increased its production guidance for 2022 - from 30-33Mct to 32-34Mct - citing "robust demand and strong year-to-date operational performance".Sanctions against Alrosa, its biggest rival, have led to global shortages of rough. Last month De Beers reported $650m of rough sales at its fifth sales cycle of 2022, up over a third year-on-year. It reportedly hiked the price...Read More