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

Tartisan Nickel (CSE: TN; US-OTC: TTSRF) has announced results of a positive preliminary economic assessment for its flagship Kenbridge nickel project, adjusting the mine plan to focus solely on mining resources from underground. Located in the Kenora mining district of northwestern Ontario, the Kenbridge project currently has an existing shaft to a depth of 622 metres.The PEA indicates a nine-yea...Read More

Share this articleVANCOUVER - Osisko Metals Inc. [OM-TSXV, BWMXF-OTC] on Wednesday released the results of an updated preliminary economic assessment (PEA) for its Pine Point project in the Northwest Territories, which is expected to be a producer of ultra-clean zinc concentrate.The objective of the 2022 PEA update was to integrate updated long-term prices for zinc and lead, increased mined resour...Read More

Mining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDEclipse Metals to Explore Rare Earth Potential of Historic Greenland MineSPONSOREDeclipse metals ltdPensana Plc to provide UK-produced rare earth resourcesSPONSOREDpensanaHomegrown and future-focused: a battery and critical metals discovery in the USASPONSOREDstill waters critical mineralsThe PEO aimed to integrate updated long...Read More

Economists had expectations of a 8.8% increase, based on higher fuel, food and other costs. Inflation grew at an annualised 8.6% in May.Read More

The project is expected to start operations by the second half of 2023 and intends to develop silo-blending facilities of up to eight different ores with a 15 million onnes a year capacity in theRead More

The court ruling backed a previous decision by Ministry of Environment, Water and Ecological Transition (MAATE) to grant water rights and other environmental permits to the scheme.Read More

(IDEX Online) - A British jewelry store will close this weekend after an astonishing 277 years in business, at the same address.Thurlow Champness, in Bury St Edmunds, Suffolk, (pictutred) was established by watchmaker George Lumley back in 1745. He also sold clocks, watches, diamond jewelry and gold pieces.Current owner Trevor Salt is retiring 40 years in the business and says there is nobody to h...Read More

(IDEX Online) - The Star-Orion South diamond mine, in Canada, will be put on care and maintenance at the end of this year, following disagreements between joint venture partners Rio Tinto Exploration Canada Inc. and Star Diamond Corp.Rio Tinto said in a statement that it was reviewing its options and warned it could pull out of the project completely. Star Diamond said it was disappointed.Both sid...Read More

"This was 4,000 ounces shy of our 30,300 ounces estimate," said analysts at Toronto-based Desjardins.Read More

Talon Metals (TSX: TLO; US-OTC: TLOFF) has reported high-grade nickel and copper assay results from its Tamarack nickel project in Minnesota. The drill results come from CGO East, an area of 500 metres by 900 metres outside of the nickel project's defined resource area.Highlights from eight infill holes included 6.56 metres grading 2.95% nickel and 1.01% copper starting at a depth of 133.60 metr...Read More

Wallbridge Mining (TSX: WM; US-OTC: WLBMF) is selling its nickel assets to Archer Exploration (CSE: RCHR) in an all-share deal worth $53.6 million.The company said it wants to focus on its core gold projects Fenelon and Martiniere, and is selling its Grasset and RUM projects in Quebec and its Sudbury and NW projects in Ontario.Under the deal, Wallbridge will receive about 198.6 million common sh...Read More

Belgium-based Umicore, a circular materials technology firm, plans to invest $1.5 billion to build a manufacturing plant in Ontario for cathode active battery materials and their precursor ingredients. The company aims to start construction in 2023 and kick off operations at the end of 2025, with the goal of supplying battery components to about 1 million electric vehicles a year by 2030.?EUR? U...Read More

As economies around the world decarbonize, the increasing demand for electric vehicles and green energy storage technologies is driving a boom in the exploration and development of technology-metals deposits, among them lithium, cobalt, nickel, and rare earths. Here are eight mining companies supporting the global transition to a clean energy future. CANADA SILVER COBALT WORKSThe Castle mine wa...Read More

Osisko Metals (TSXV: OM; US-OTC: OMZNF) has released an updated preliminary economic assessment (PEA) for its wholly owned Pine Point base metals project located near the town of Hay River, NWT. The study was prepared in collaboration with independent engineering firms BBA, WSP Canada and Hydro-Resources.The objective of the PEA was to integrate updated long-term prices for zinc and lead, increase...Read More

Rock Tech Lithium (TSXV: RCK; US-OTC: RCKTF) has signed a framework agreement with an unnamed global car maker headquartered in Germany to supply lithium hydroxide over an initial five-year period.Rock Tech is building a lithium hydroxide converter in Germany (Guben, Brandenburg), and expects to start production there in 2024. The facility is forecast to have a production capacity of 24,000 tonnes...Read More

Dundee Precious Metals (TSX: DPM) has scored a win in Ecuador as a local court upheld the validity of the company's environmental permits for exploration at its Loma Larga gold underground project.The Judicial Labour Unit of the southern city of Cuenca also reaffirmed Dundee's mining concessions, by ruling that the mining ministry had not violated certain rights relating to the protection of wate...Read More

Cash-strapped Pure Gold Mining (TSXV: PGM; LSE: PUR) has kicked off a strategic review process that could involve a potential sale or merger of the company, a sale of all or part of its gold mine in Ontario, or other long-term financing options.The evaluation is being conducted with "the objective of maximizing shareholder value and the value of the Pure Gold mine in Ontario," the Canadian miner s...Read More

The research firm said the energy transition will cause a near doubling of copper demand by 2035 leading to "unprecedented and untenable" supply deficits unless significant new copper supply comesRead More

About a month ago, Reuters reported on an astronomical gold discovery made in Uganda that some have estimated to be worth more than $12 trillion.The media outlet wrote that a spokesperson from Uganda's Ministry of Energy and Mineral Development told it that recent exploration had revealed the discovery of 31 million tonnes of gold ore from which 320,158 tonnes of refined gold could be mined.That's...Read More

Successfully delineating a globally significant greenfields sulphate of potash discovery within two years of listing on the ASX is not the only reason investors are embracing Western Australian SOP developer Trigg.It's also Trigg's standout environmental, social and governance (ESG) credentials and the fact the company is advancing a truly sustainable natural resource project, according to managin...Read More