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

What's wrong with the world? Let me count the ways...The Western gambit against Ukraine is a bust, a foolish miscalculation that was obvious from the start. All it accomplished was to reveal the pitiful dependence of our European allies on Russian oil and gas, leaving their economies good and truly scuppered without them.The Russians will likely end up with control of the Black Sea and probably th...Read More

Certain operational conditions, including a restricted drilling plan for the first 12 months proposed by the company, will need to be implemented.Read More

"Suggestions about potential use of EVRAZ's steel, vanadium and other products for military purposes indicate not only the misunderstanding of steel industry's base principles, but the lack of knowledge about EVRAZ's product range as well," the company said.EVRAZ's listing on the London Stock Exchange was suspended on 10 March pending forthcoming sanctions on the company related to Russia's 2022 i...Read More

Share this articleVANCOUVER - Jourdan Resources Inc. [JOR-TSXV, JORF-OTCQB-2JR1-FRA], a company that is aiming to become the next lithium producer in Quebec, said it is increasing the size of a recently announced private placement financing, which is now expected to generate proceeds of $2.4 million.In a press release on June 29, 2022, the company said it planned to complete a non-brokered priva...Read More

Second quarter copper and gold production at its 90%-owned El Roble mine in Colombia was above market consensus. Production in the second quarter was 3.Read More

Second quarter production updates released by these firms this week gave insight into rising costs in these countries - some of which are rising above 25% - and ongoing operational challengesRead More

Named after the 126-year-old project, Wiluna Mining called in outside administrators this week following a financial crisis which has seen the company's share price fall by 80% over the last sevenRead More

"The climate for junior gold financing and M&A has slowed following a strong first quarter, and in our view could face a period of reduced activity similar to the prior downcycle in 2013-15," saidRead More

Leading shareholder AI-listed Anglo Asian Mining will invest to retain its 19.Read More

Ford Motor Company (NYSE: F) announced plans to accelerate its EV production that are underpinned by several high-profile agreements with lithium and nickel miners to supply raw materials for the vehicles' batteries. The U.S-based automaker said in a news release that it has secured "100% of the battery supplies" it needs to produce 600,000 EVs per year by the end of 2023, and with the help of...Read More

Workers at Glencore's Raglan nickel mine in Nunavik rejected the company's latest offer this week, as a labour dispute that has halted most of the mine's operations enters its third month. Glencore said in a release that its latest proposal offered most of the unionized employees a compensation of about $130,000 to $190,000 annually, twice the average pay of workers in Quebec. But union work...Read More

Pan American Silver (TSX: PAAS; NASDAQ: PAAS) has released new infill and exploration drilling results that further demonstrate the size and quality of the mineralization at its La Colorada Skarn project. This large polymetallic deposit was first discovered in 2018 through brownfield exploration near the company's La Colorada mine in Zacatecas, Mexico.The new results comprise 22 holes totalling 18...Read More

Anglo American (LSE: AAL) has suffered a new setback in Chile after the environmental commission of Valparaiso, Coeva, rejected the company's US$40-million operational continuity project for its El Soldado copper mine, 125 km north of the capital Santiago.Despite having the backing of the country's environmental evaluation authority, which recommended the project's approval, the local regulator sc...Read More

Rare earths junior Pensana (LSE: PRE) has broken ground at its Saltend rare earth processing hub in northern England, set to be the country's first major facility of its kind in more than a decade.The project is part of the launch of the country's first critical minerals strategy, unveiled today, to weaken China's dominance on the group of 17 minerals used in electric vehicles, wind turbines, an...Read More

I have been working with a great group of young professionals lately that have generated some interesting conversations. Some of them voiced fears and dismay at what the world is coming to. I understand, we are on one heck of a roller coaster ride right now. As I was thinking back over my four decades in the mining industry as a geologist and cost estimator, I realized that we have been here b...Read More

Last week, the Biden administration sent another $400 million in defense aid to Ukraine. It was the 15th such package and brought the total level of humanitarian and military aid to $7 billion since the war began in February.The package included heavy artillery, including howitzers and High Mobility Artillery Rocket Systems (HIMARS), which have been crucial to slowing Russia's progress in the eas...Read More

A study earlier this year from four prestigious institutions proclaimed that you should eat bugs and spiders.And not only that. The study - conducted by BI Norwegian Business School (BI), Chuo University, Miyagi University and Oxford University - also said that the way to convince people to do this is to have celebrities do it on YouTube videos.Like clockwork, they are suddenly everywhere. You are...Read More

VVC Exploration Corporation (TSX:VVC), dba VVC Resources, (Read full newsRead More

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us look at the key technical and fundamental data points he's following for gold and the gold m...Read full newsRead More

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us look at the key technical and fundamental data points he's following for gold and the gold m...Read full newsRead More