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

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 minesJunior miners will need to increase their decarbonisation efforts in order to remain relevant, International Counci...Read More

Analysts expect historically high prices for copper, aluminum, nickel, zinc, steel, and other base and precious metals to benefit miners in the year's second half.Credit rating agency Moody's Investors Service expects commodity prices to continue to reflect the risk of supply and trade-flow disruptions, especially if the Ukraine military conflict escalates.Moody's VP and senior credit officer Emil...Read More

Fuelled by the war in Ukraine and ongoing Covid-19 shutdowns, inflation is rising globally. To combat the threat, central banks around the world have been increasing interest rates.Canada's consumer price index reached 6.8% in April. The Bank of Canada increased its overnight and deposit interest rates to 1.5% at the start of June, and its own rate to 1.75%.Inflation in the U.S surged unexpectedly...Read More

Amidst talks of nationalization of mines and stricter regulations for miners in several jurisdictions across South America, Ecuador's Energy Minister Xavier Vera promises a different path as the government aims to put about half-a-dozen projects into construction by 2025. In an exclusive interview with The Northern Miner at an event in Toronto during the PDAC conference, the minister said that...Read More

Focus Graphite (TSXV: FMS; US-OTC: FCSMF) has been awarded a grant of up to $350,000 by Qu?(C)bec's Ministry of Energy and Natural Resources, to advance the company's Manicouagan-Ouest Graphitic Corridor (MOGC) graphite deposit at its Lac T?(C)t?(C)pisca project in Quebec. The grant, which is part of the ministry's five-year plan for developing critical and strategic minerals, will be used to f...Read More

Glencore (LON: GLEN) said on Friday that the first-half year profit from its commodities trading unit is on track to achieve its annual earnings target in the first six months of 2022, placing it on course for its best-ever year.The Swiss company expects adjusted operating profit to exceed US$3.2 billion for the first half of the year boosted by soaring commodity prices, supply disruptions and vol...Read More

The world's biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report shows.According to PwC's 19th annual review of the top 40 mining companies, which examines global trends in the industry, future success will depend on whether global miners can take a leading role in the world's clean energy transition and...Read More

The initial public offering price for 14.388 million shares would be between US$11.75-12.50 per share, the firm said in a filing to the NYSE.Underwriters to the offering have an option to purchase a maximum of 2,158,200 additional shares of common shares.Ivanhoe Electric in an initial filing registration to the NYSE last month said the planned dual listing was "in order to support American supply...Read More

One might think Russia's troubled invasion of Ukraine - which has cost thousands of lives, damaged the global economy, and spiked energy prices - would be a cautionary tale for China...But in actuality, that couldn't be further from the truth.China has been telegraphing a move on its renegade province for years now, and we're finally nearing the point of no return. Just look at the way the stage...Read More

We see lots of hand wringing about the Fed's intention to crack down on inflation. No more Mister Nice Guy! The party is over! Those money masters are going to clean up the balance sheet and teach the virus called inflation a thing or two!Oh sure, there will be a bit of pain in the short run but in the long run, we'll have beaten back this beast and the dollar will stabilize again.What we see here...Read More

Altaley Mining Corporation (TSXV:ATLY) shipped its first gold concentrate at the weekend....Read full newsRead More

Quadro Resources Ltd. (TSXV: QRO) (OTCQB: QDROF) (FSE: G4O2) (Read full newsRead More

Share this article TORONTO - Kinross Gold Corp. [K-TSX; KGC-NYSE] has completed the sale of 100% of its Russian assets to the Highland Gold Mining group of companies for total consideration of $340-million in cash. All dollar amounts are expressed in United States dollars, unless otherwise noted. Kinross has received $300-million in its corporate account and will receive a deferred payment of $...Read More

Share this article VANCOUVER - Altamira Gold Corp. [ALTA-TSXV, EQTRF-OTC Pink, T6UP-FSE] has released an exploration update on three projects located in Northern Mato Grosso, Brazil.The three projects cover 163,000 hectares of the Alta Floresta Gold Belt, which has produced an estimated 7.0-10 million ounces from placer mining operations during the gold rush of the 1980s when gold was washed fr...Read More

The latest planned merger between Toronto-listed Elemental Royalties and Altus Strategies announced on June 14 is expected to be followed by other royalty and streaming firms who have enjoyed strongRead More

For the year-to-May, Dynacor's cumulative sales are $87.2 million, which is a 26% year on year increase. The January-May sales translate to an annualized rate of $210.78 million.The May sales were up 24% year on year and 11% month on month.Dynacor's average selling price in May was $1,846/oz, compared to $1,873/oz in May of last year. The 2022 forecast is based on an average gold price of $1,800/o...Read More

"His breadth of experience is well-suited to lead our company into the future," NV Gold's chairman John Watson said."John's strong background in finance and investor relations, combined with his industry reputation will be pivotal to achieving the company's goals. NV Gold is pursuing an aggressive exploration strategy designed to take advantage of its significant Nevada property portfolio," he sai...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 minesFar more than companies in other sectors, miners have an implied freedom to switch strategic direction, perhaps fre...Read More

(IDEX Online) - The Kimberley Process (KP)  must "stop turning blind eye to Russia's invasion of Ukraine and take fight against conflict diamonds seriously". The KP Civil Society Coalition (KPCSC), the umbrella organization that oversees its activities, issued a strongly-worded statement on Tuesday, accusing the KP of being "no longer fit for purpose".An attempt by Western...Read More

(IDEX Online) - Gem Diamonds has recovered an exceptional Type II 245-carat diamond (pictured) from its Letseng mine in Lesotho.It's the third +100-carat stone in three weeks from the world's highest dollar per carat kimberlite diamond mine.London-based Gem recovered a 129-carat stone on 23 May at Letseng, the world's highest diamond mine, 3,100 meters above sea level in the Maluti...Read More