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 company listed on June 20 and on June 21 had a share price of C$0.15 (US$0.12) and market capitalization of C$11.03 million.Read More

The Ootsa measured and indicated resources now stand at 439 million tonnes grading 0.32%, which is up 96% compared to a 2016 estimate.The update also shows 138 million tonnes grading 0.28% CuEq in the inferred category.The MRE update is based on a drill hole database of about 152,000 metres of drilling, including about 50,000 metres drilled since 2018. The pit constrained resources are at both the...Read More

Copper is essential for the global shift towards decarbonization. However, declining ore quality, mine closures, and the absence of additional investment in new copper supplies could lead to a significant shortfall over the coming decades. Below are eight companies exploring and developing new sources of the red metal.ATEX RESOURCESThe LF230 rig drills hole ATXD-17 in the foreground with hole ATXD...Read More

Collective Mining (TSXV: CNL) has reported the discovery of a new copper-gold-silver deposit at its Guayabales project in Caldas, Colombia. Drillhole APC-1, the first diamond drill hole to test the Apollo deposit and among its eight porphyry-related targets, returned an intercept of 87.8 metres grading 0.88 gram gold per tonne, 61 grams silver and 0.39% copper starting from 291.60 metres, includi...Read More

De Beers, the world's top diamond producer by value, saw improved sales in its latest auction, despite moving into the summer, which are generally considered a weaker period for roughs demand.The Anglo American unit sold US$650 million of diamonds in its fifth sale of 2022, slightly up from US$604 million at the previous event this year, but higher than the US$477 million it sold this time last y...Read More

Hudbay Minerals (TSX: HBM; NYSE: HBM) has wrapped up mining activity at the 777 zinc-copper mine in Flin Flon, Man., after 18 years of steady production. Closure activities at the mine, where reserves have been mined out, have begun, and employees and equipment are transitioning to the company's operations in Snow Lake."777 was a state-of-the-art mine that represented the pinnacle of a century of...Read More

As part of its growth strategy in support of the onshoring of electric vehicle supply chains in North America, Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) has begun preliminary discussions with the government of Quebec to build a new cobalt refinery in B?(C)cancour, Que., that will integrate with an emerging battery materials park in the province.Electra has been focused on creating Nor...Read More

Chilean state-owned copper producer Codelco, the world's largest, was hit on Wednesday by a nationwide strike against the miner's decision to close permanently an allegedly polluting smelter in the country's central zone.Unions demand that, instead of shutting down Ventanas, the company upgrades it. Codelco's decision followed an environmental incident that saw dozens of people fall ill, the mine...Read More

What is the deal with gold?That's not a set-up to a Seinfeld joke.Really, what's the deal?Inflation is soaring, the equity markets are in a bear market, a recession is looming, geopolitical instability remains elevated, and there are multiple currency wars waging.Markets are fearful, to say the least.The CNN Fear and Greed Index has been sitting in "extreme fear" territory for more than a month.Me...Read More

The stock market is enduring its poorest first half since 1932. What does this evil fact portend for the year's second half?Your choices are these:A): The stock market will thunder back with fantastic vigor...B): The stock market terrors will extend throughout the year...C): This year's grim first half will exert no gravity whatsoever on the second - the stock market is as likely to rise as it is...Read More

The market capitalisation of the top 40 miners increased by 7% over 2021, with valuations for miners of critical minerals up by 49-147%.Read More

  The designation by the Brazilian government will allow prioritised permitting for the scheme, Bravo Mining (formerly BPG Metals) said.Read More

The agreements will allow the firm to finish remaining activities necessary for the permit application submission for the project which will include engineering and geological work completed toRead More

Assay results from the firm's latest drill hole CB-196 included intersections of up to 2.3% copper, 1.29 g/t gold and 8.Read More

Look beyond market approach to project valuations: van ZylLeadershipCONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningThe market capitalisation of the top 40 miners increased by 7% over 2021, with valuations for...Read More

Look beyond market approach to project valuations: van ZylLeadershipCONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningThe move will allow the firm to focus on "high impact" drilling at its Imperial and Long Valle...Read More

CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu mines  The designation by the Brazilian government will allow prioritised permitting for the scheme, Bravo Mining (...Read More

CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesMiners face a double whammy of rising costs and depressed demand.Read More

(IDEX Online) - The Kimberley Process (KP) is facing renewed pressure to consider whether it should still be certifying Russian diamonds.The KP Civil Society Coalition (KPCSC), the umbrella organization that oversees KP activities, blasted the watchdog for its "silence" over the invasion of Ukraine."The fact that the KP is unable to even discuss whether it should continue certifying Russian diamon...Read More

(IDEX Online) - Hong Kong billionaire Calvin Lo has launched a jewelry investment for the ultra-rich to take financial refuge in pieces by Van Cleef & Arpels, Cartier and Bulgari.The insurance tycoon has already attracted $1.1bn from a group of 42 high net worth individuals, mostly from Hong Kong.Lo, aged 46, who is reckoned to have a $1.7bn fortune, is head of RE Lee International, specializi...Read More