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

The London and Johannesburg-listed company said the mine is continuing to operate following the July 13 attack at the Muaja village area, which is 30 kilometres from Montepuez by road.Read More

Alma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesRed Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsThe London and Johannesburg-listed company said the mine is continuing to operate following th...Read More

Musk used a conference call on Tesla's earnings to highlight lithium, a key element used in the company's electric vehicle batteries.Read More

Share this articleVANCOUVER - Empress Royalty Corp [EMPR-TSXV, EMPYF-OTCQB] said Thursday the first gold pour has occurred at the Manica gold mine in Mozambique. Empress owns a 3.375% gold royalty on the Manica gold mine which is operated by Mutapa Mining and Processing LDA (MMP).Empress Royalty shares advanced on the news, rising 4.6% or $0.01 to 22.5 cents. The shares are currently trading in a...Read More

The five-year agreement is for 7,000 tonnes per year of lithium carbonate from 2025, which is about 34% of the planned annual output during its first five years of production.Read More

The total package consists of a $116 million equity financing via a private placement with strategic investors at 80 cents per share from La Mancha Investments, Franco-Nevada and Eldorado Gold.Read More

Red Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsAlma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesMusk used a conference call on Tesla's earnings to highlight lithium, a key element used in th...Read More

Alma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesRed Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsBy definition, all prior executive successes occurred when current managers were less experien...Read More

(IDEX Online) - A platinum Cartier ring featuring a vivid red 8.39-carat Burmese ruby sold for $7.3m at Poly Auction, Hong Kong.It was the headline lot in the Magnificent Jewels sale garnered that achieved a total of $25.1m.The ruby in the Fleur de Lotus Ring was accented with two triangular diamonds of 1.07 carats and paved with 12 baguette-cut diamonds of 0.79 carat and 156 circular-cut diamonds...Read More

(IDEX Online) - A woman has pleaded guilty to the manslaughter of a jeweler in his hotel room in New Orleans, Louisiana, USA.Megan Hall, 28, was facing a count of second-degree murder, with a sentence of up to 25 years, over the death of Patrick J. Murphy, a married 62-year-old father-of-two.Murphy had been visiting the city after attending a jewelry convention in Arizona, according to prosecutors...Read More

(IDEX Online) - Surat's diamond industry has welcomed an announcement by the Reserve Bank of India (RBI) that it can pay for Russian diamonds with rupees.Transactions were done in dollars through intermediary banks in the US, until Russia invaded Ukraine in February.The RBI will now allow purchases to be settled in rupees, as a method of circumventing current banking restrictions. The measure...Read More

Rio Tinto would supply materials materials including lithium, low-carbon aluminium and copper, the two firms said.Read More

"We are disappointed with the outcome of the vote"Our objective… [is] to restart our activities as quickly as possible," Raglan Mine said. Strike action at the mine started in May.Read More

The firm also announced an increase in its share buyback programme to $5 billion from $3 billion. The firm is targeting net cash cost of $1.Read More

Barrick chief executive Mark Bristow met Balochistan chief minister Abdul Quddus Bizenjo in the provincial capital Quetta on July 19, a day after talks with the federal government's finance ministerRead More

The latest two drill holes Eloro Resources (TSXV: ELO; US-OTC: ELRRF) has released from its Iska Iska silver-tin project in the Potosi Department of southern Bolivia, are also the best to date. Highlights from hole DSBU-10, an underground hole drilled across the higher-grade feeder zone at the Santa Barbara Resource definition area included 349 metres grading 44.75 grams silver per tonne and 1.05...Read More

Fancamp Exploration (TSXV: FNC) has agreed to sell all its rights and interests in the Koper Lake-McFaulds mineral properties, comprising four mining claims located within Ontario's Ring of Fire, to KWG Resources (CSE: KWG). The entire property package covers 10.2 sq. km immediately to the east of claims owned by Wyloo Metals containing the Eagles Nest nickel-copper-platinum deposit.KWG is current...Read More

De Beers, the world's top diamond producer by value, has boosted its full-year guidance to 32 million-34 million carats, from 30 million-33 million carats thanks to what it calls "robust demand" from U.S. customers.The Anglo American unit saw a slight decrease in production in the three months to June 30, churning out 7.9 million carats, down from the 8.2 million it produced during the same quarte...Read More

Lithium Americas (TSX: LAC; NYSE: LAC) has marked the official opening of its lithium process testing facility located in Reno, Nev., with a ground-breaking ceremony on Thursday. The company was joined by Nevada Governor Steve Sisolak and University of Nevada, Reno president Brian Sandoval.The Lithium Technical Development Center was developed to demonstrate the chemical process designed for the c...Read More

Golden Arrow Resources (TSX-V: GRG) has terminated its option to acquire a 75% stake in the Libanesa silver-gold project in Argentina's Santa Cruz province.The company said it would focus instead on its new 100% owned San Pietro copper-gold-cobalt project in Chile and other projects in Argentina.The 145-sq.-km Libanesa project, owned by Mirasol Resources (TSX-V: MRZ), is located about 70 km west...Read More