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) - The Responsible Jewellery Council (RJC) says Kering, Richemont and other members have rejoined, after their high-profile departures over the organization's ties with Russia."Most of the small number of members who briefly left the RJC in late March rescinded their resignations within a few weeks, including all the Kering and Richemont maisons, retaining their long-standing RJC...Read More

The planned closure of three producing diamond mines in the Northwest Territories in the next few years will open a gap in the territorial economy, but the N.W.T.'s industry minister says she's confident several ongoing initiatives could fill the economic hole.The Ekati mine, operated by Arctic Canadian Diamond, is expected to close as soon as 2024. Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO)'s Diav...Read More

Amex Exploration (TSXV: AMX; US-OTC AMXEF) continues to report high grade results from the Eastern gold zone of its Perron gold project, located 110 km north of Rouyn-Noranda in Quebec. Highlights of the drilling, which focused on expanding the "High Grade Zone (HGZ)" outside of the main core of the zone, included 15.9 metres grading 15.52 grams gold per tonne starting from 848.2 metres in hole...Read More

Mines of the future will need software developers, data analysts and even bio-technology scientists to be able to meet the rising of demand of metals, needed for decarbonization, in an environmentally friendly way, said Teck Resources' (TSX: TECK.B; Nasdaq: TECK) Jeff Hanmanin a keynote speech on the final day of PDAC 2022. Hanman, Teck's vice-president of sustainable development gave examples...Read More

Calibre Mining (TSX: CXB; US-OTC: CXBMF) has received an environmental permit for the development and production of the company's Pavon central deposit in Nicaragua. In 2021, Calibre initiated production at Pavon Norte, one of the project's three gold deposits. With the latest permit, the miner aims to begin production at the central deposit in the first quarter of 2023. "The approval of Pavon...Read More

BHP's (NYSE: BHP; LSE: BHP; ASX: BHP) planned exit from thermal coal has been modified as the company has decided to keep its Mount Arthur mine, New South Wales' largest coal operation, after failing to find a buyer for it.For the past two years, the world's largest miner has offloaded coal assets as it seeks to reduce emissions and streamline its portfolio.It succeed in selling its stake in the...Read More

The move comes after the Canadian government in its national budget set aside C$3.8 billion in April this year for the development of critical minerals, which includes graphite, and highlights how firms are eager to lobby for financial support from government.Northern Graphite is seeking government support in financing the construction of Bissett Creek graphite mine in Ontario and extending the mi...Read More

SSR Mining's share purchase under a normal course issuer bid will supplement the existing base dividend and is part of its capital allocation framework for returning excess cash to shareholders, the firm said.Analysts said the share buy back could be funded from strong cash balances."SSR ended the first quarter with a cash balance of US$999 million excluding restricted cash and we currently model...Read More

Kudz Ze Kayah is an open-pit and underground silver, copper, gold, lead and zinc mine development located approximately 115 kilometres southeast of Ross River, Yukon and 5 km west of the Wolverine zinc mine.The project is anticipated to inject up to C$720 million in capital expenditures into Canadian and Yukon economies over its life, Natural Resources Canada said.The project can now proceed to th...Read More

Tell me what this sentence means to you."We have a strong interest in ensuring that innovation does not lead to a fragmentation in international payment architectures."It's dry, it's vague, and it doesn't seem like something that'll affect us day to day. That's half the point.As for the other half, it's also one of the most telling quotes you'll read as the U.S. government tries to assert unpreced...Read More

"What the market is worried about," argues LPL Financial's chief equity strategist... is "that the Fed breaks something."His co-worker, chief market strategist at the firm, continues:The Fed has a very tight needle to thread here and I think investors and the market, in general, are losing a good deal of confidence that the Fed might be able to do that.We hazard the market is justifiably a jitter....Read More

Some 67% of regional silver production and 56% of our copper production was exposed to water scarcity.Read More

Share this article TORONTO - Riverside Resources Inc [RRI-TSXV, RVSDF-OTCQB, 5YY-FSE] has released assay results for the first five of a 12-hole, 1,700-metre drill program completed at the Oakes gold project in northwestern Ontario.Riverside shares advanced on the news, rising 3.7% to 14 cents, and currently trade in a 52-week range of 20 cents and 12.5 cents.The primary focus is the HG Target, w...Read More

Share this articleVANCOUVER - Silver Mountain Resources Inc. [AGMR-TSXV] reported the results for drill holes SMR-001-22-MTC and SMR-002-22-SCS, the first drill holes of the 12,000-metre underground drilling campaign at the company's Reliquias underground silver mine in Huancavelica, central Peru.The Huancavelica region, and especially the Castrovirreyna mining district, is known to host significa...Read More

"About three years ago we put forward a very aggressive plan to become 150,000 ounce a year producer within five years.Read More

The project would yield an after-tax net present value of C$48.3 million at a at a 5% discount rate and an internal rate of return of 43% at a US$1,600 per ounce gold price following an initial capital cost of $22.1 million.The company is progessing to complete a pre-feasibility study expected to be completed by year end with permitting for the Bachelor mill and tailings expansion ongoing."The ope...Read More

In May, SolGold reported a measured and indicated resource of 2.7 billion tonnes grading 0.Read More

US fund manager Van Eck, which is the second largest shareholder in the firm, has now termed the proposed deal as "another poorly structured deal", according to one of its analysts.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"It takes a lot of work to understand a deal with this level of complexity. … It is very unique for two piec...Read More

Construction work at Skouries started in 2013 but the project has been embroiled in a series of legal disputes with Greek authorities over permitting for the scheme.Read More