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

Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) (Read full newsRead More

Share this article VANCOUVER - SilverCrest Metals Inc. [SIL-TSXV, SVCMF-OTCQX] said Tuesday it has completed the first pour of silver and gold at the company's Las Chispas project in Sonora, Mexico.The first precious metal pour was completed on June 30, 2022, and consisted of 312 kilograms of dore with approximately 9,200 ounces of silver and 100 ounces of gold, the company said in a press releas...Read More

The pour, which happened on June 30, contained around 9,200 ounces of silver and 100 ounces of gold.  Commercial production is set for the fourth quarter.Read More

Newmont Peñasquito will pay its represented workforce an uncapped profit-sharing bonus up to 10%, with an immediate cost equivalent of US$70 million, which is representative of the paymentsRead More

The US$75 million deal paves the way for the largest and highest-grade silver producer in the US to buy the largest and highest-grade silver reserve in Yukon, Canada.Read More

Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesNo wonder all eyes are on Quellaveco, Anglo American's giant new copper mine in Peru, due to come on stream within weeks.Read More

(IDEX Online) - British stores run by TJ Maxx are cutting the price of diamond rings by as much as 75 per cent.The global budget retail chain, which brands its 350 UK stores as TK Maxx, is selling a $4,800 14ct white gold ring (pictured) with 0.90ct diamonds (no further details given) for $1,200.A 9ct gold ring with 1-ct tcw of diamonds (again, unspecified) is down from $3,700 to $1,200.The compan...Read More

(IDEX Online) - Four million viewers have watched a TikTok video of hapless romantic Ross Bamber, 26, dropping a $1,200 diamond engagement into a lake during a disastrous marriage proposal.Video shows the ring falling from its box as he prepares to slip it on to the finger of fianc?? (C)e-to-be Geri Ashforth, 23 after a candlelit meal for two."That wasn't what I thought it was, was it?" she a...Read More

(IDEX Online) - Amazon and Cartier are jointly taking legal action against a Chinese social media influencer and eight businesses accused of counterfeiting.They accuse defendants named in court papers as Phmn9y3v, Vfdnytu, Amazing Jewelry You Want, Miao-He and others, of selling luxury goods through Instagram and other websites, infringing on Cartier's registered trademarks and violating Amaz...Read More

Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesThe has been placed with Swedish firm Epiroc. The US$700 million nickel and copper development is located below the existing Craig mine and is being de...Read More

Satellite surveillance by commodities broker Marex and the satellite service Earth-i in their geo-spatial product SAVANT showed reduced smelting activity in Chile as well as weak activity in China andRead More

The Pumpkin Hollow copper project owner has agreed non-binding terms for the loan with its senior lender KfW IPEX-Bank and its largest shareholder Pala Investments by way of a new tranche extension of the existing senior credit facility with KfW.The update follows Nevada Copper last week announcing that liquidity issues had resulted in the company suspending most mining activities and falling into...Read More

The shares of two Red Lake Gold Camp-focused 'close-ology plays' crashed on Tuesday after they made public that Barrick Gold (TSX: ABX; NYSE: GOLD) has named them parties in a statement of claim for $120 million for a cancelled exploration earn-in option on each of the companies' respective exploration projects.Dixie Gold (TSXV: DG) and Red Lake Gold (CSE: RGLD), each headed by CEO Ryan Kalt, reve...Read More

In an update on the recommissioning of its wholly owned Beaufor mine and Beacon mill, Monarch Mining (TSX: GBAR; OTC: GBARF) said it has begun feeding ore to the mill and expects to make its first gold pour this month.The Beaufor mine and Beacon mill are located about 20 km northeast of Val d'Or, Que., and have produced over 1.1 million oz. of gold since it first opened in the 1930s. Monarch acq...Read More

Shares of Rio2 (TSXV: RIO; US-OTC: RIOFF) on Tuesday reached their lowest value since March 2020 as Chile's regional evaluation commission, which includes 12 government bodies, again rejected the company's environmental impact assessment (EIA) for its Fenix Gold project in the Atacama region.The news comes days after the project's EIA was denied by the environmental assessment service (SEA), a nat...Read More

Africa-focused rare earths explorer Mkango Resources (TSXV: MKA) has reached a major milestone with the release of a definitive feasibility study for its Songwe Hill project in Malawi. Located 90 km from the commercial centre of Blantyre, the Songwe project is the cornerstone of Mkango's mine, refine and recycle strategy, underpinning the development of a proposed separation plant in Poland and co...Read More

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli. Jeffrey discusses an increase in busyness in the precious metals market, as well as how central banks around the world are starting to buy gold at higher prices. He also explains why the G7 plan to ban Russian gold exports is largely symbolic with few real-world implications.All th...Read More

American silver producer Hecla Mining (NYSE: HL) has agreed to acquire all shares of Canadian Alexco Resource (TSX: AXU: NYSE-AM: AXU) it doesn't already own, in a deal that values the target's shares at US47 ? each.The Coeur d'Alene, Idaho-based miner, said the figure represents a premium of 23% based on Alexco's five-day volume weighted average price on the New York Stock Exchange on July 1.At...Read More

The shares of two Red Lake Gold Camp-focused 'close-ology plays' crashed on Tuesday after they made public that Barrick Gold (TSX: ABX; NYSE: GOLD) has named them parties in a statement of claim for $120 million for a cancelled exploration earn-in option on each of the companies' respective exploration projects.Dixie Gold (TSXV: DG) and Red Lake Gold (CSE: RGLD), each headed by CEO Ryan Kalt, reve...Read More

Production for 2022 is guided for 300 tonnes of nickel and 3 tonnes of cobalt.Read More