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

(IDEX Online) - Violent armed raiders left workers terrified when they stormed a jewelry store in New Jersey, USA, and fled with an estimated $1m or more of merchandise. The seven masked robbers threw staff to the ground as they ransacked display cases at Virani, specialists in antique-style Indian jewelry, in Iselin, New Jersey. Shocking CCTV images show a woman employee being forced to the groun...Read More

(IDEX Online) - Lab growns now account for around a fifth of the diamonds used by manufacturers in India, according to reports.The switch from mined gems has been prompted by ongoing sanctions against Alrosa, together with demand form the US for cheaper goods, amid spiraling inflation.  Lab growns are 40 per cent cheaper.Among the beneficiaries are lab grown manufacturers in India, which...Read More

When geologist Ashley Kirwan and her business partner Shastri Ramnath were thinking of starting a consulting company to support miners exploring projects through data in 2012, almost everyone they spoke with said it was a bad idea. She had just quit her job and the market wasn't encouraging for young entrepreneurs. And yet, the co-founder of Orix Geoscience followed her gut. "It was like the wo...Read More

Canadian miner Alamos Gold (TSX: AGI) has begun production at its La Yaqui Grande mine in Mexico, following the completion of construction this month, slightly ahead of schedule.A total of 991 ounces of gold were produced from the initial pour, the company said, adding La Yaqui Grande, its second mine in Mexico, is expected to churn out roughly 3,000 ounces of gold in June.The figure has alread...Read More

Canadian explorer Argentina Lithium & Energy (TSXV: LIT; US-OTC: PNXLF) aims to advance new sources of high-quality lithium in Argentina to meet the growing demand for clean energy technologies powered by lithium-ion batteries.Argentina Lithium is part of the Grosso Group of companies, which has been a pioneer of mineral exploration in Argentina for nearly three decades.The Vancouver-headquarter...Read More

The mining universe has lost not only a wise and generous leader, but also a true renaissance man. Igor Levental, president of The Electrum Group and director of Novagold Resources and Gatos Silver, passed away suddenly and unexpectedly on June 10. Igor's mining career spanned more than 30 years, where he held numerous board and senior roles and was actively involved in many of our industry's m...Read More

During a presentation at the 2022 PDAC conference in Toronto, the Peruvian minister of economy and finance, ?"scar Graham, announced that his government will extend to 2025 the tax refund benefit to mining and oil exploration, which was scheduled to end in December 2022.According to Graham, the decision is based on the government's desire to guarantee the growth of the mining sector, which is resp...Read More

Canadian explorer Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) holds a portfolio of precious and base metal projects in Argentina and Chile.Golden Arrow is part of the Grosso Group of companies, which has been working successfully in Argentina since 1993, where it has been involved in several major discoveries, including the Chinchillas silver deposit, now owned by SSR Mining (TSX: SSRM;...Read More

Mining and mineral exploration companies are under increased pressure to improve drilling performance. More accurate drilling can benefit every aspect of a mining operation by making it smoother, safer, and more productive.Drill operators, however, are required to oversee streams of complex data, generate value from that data, and manage tasks in need of constant attention during operations, which...Read More

(IDEX Online) - A limited-edition Patek Philippe watch that was launched with a $35,893 price tag last April is now selling for up to $551,700. Demand for the rare, olive green-dialed variant of the Nautilus 5711/1A model has been so intense that buyers are prepared to pay more than 1,400 per cent over the odds on the secondary market. The market monitor Watch Charts currently reports $442,000 as...Read More

(IDEX Online) - A five-carat Paraiba tourmaline - one of the "newest" gemstone varieties - is to be auctioned at Bonhams Hong King with a high estimate of $484,000.Tourmaline was first discovered in the 1500s in a variety of colors. But vivid blue/green examples were only discovered in 1989.  They are called Paraiba after state in Brazil where they were found and can command significantly hig...Read More

(IDEX Online) - Luxury brands have cut their forecasts for growth in China from 18 to per cent to just three per cent, as Covid lockdowns continue to shatter consumer confidence. Management consultants Oliver Wyman published their findings based on interviews with clients representing more than $50bn in retail sales of premium consumer and luxury goods in the country. "There is a huge doubt about...Read More

Codelco maintains that the smelter meets environmental standards. However, operations ceased on June 6 when the company decided to bring forward maintenance work after episodes during which up to 100 local residents including children and adults experienced intoxication.Th copper producer created dialogue tables with the almost 350 workers and union representatives to transition them into other ro...Read More

Non-executive chair Charles (Chuck) Jeannes, who lives in Nevada, began Glamis Gold which bought Goldcorp in 2006 for US$8.6 billion. Gold Standard Ventures' president and CEO Jason Attew was also at Goldcorp before moving on to investment banking at Bank of Montreal."Glamis started on open pit heap leach mines in Nevada. Our market message has been that we will begin [Orla] in a similar way, with...Read More

Remember the limbo? It was a dance fad kind of like the Olympic high jump in reverse: Instead of leaping over a horizontal bar, you duckwalked under it to calypso music, with the crowd squealing, "How low can you go?"As it happens, in the culture of Western Civ, Limbo is also the name of a place on the edge of hell. Either way, you have an apt metaphor for the spot that the USA is in as we enter t...Read More

[FREE TO READ] Authorities permitted to keep supplies, if needed, after consumers told to turn off the lightsRead full newsRead More

Share this articleVANCOUVER - Golden Arrow Resources Corp. [GRG-TSXV; GARWF-OTCQB; G6A-FSE] has begun the first exploration program at its new 100%-held San Pietro copper-gold-cobalt project in Chile. Golden Arrow has retained two Chilean project geologists with extensive experience in geologic systems like those in and around San Pietro.The program has commenced with detailed surface mapping and...Read More

The government of Nicaragua created state-owned ENIMINAS to solidify its control over Nicaragua's mining sector in 2017.Read More

"We're cash-rich but could be helped on the resources," Rae said, adding that the company would only be interested in accretive deals.Read More

  While not widely recommended by investment advisers it is getting harder to ignore the 200% rise in the price of thermal (electricity producing) coal over the last 12-months, or its 700% riseRead More