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

Share this article VANCOUVER - Engold Mines Ltd.'s [EGM-TSXV; GWRRF-OTC] assays from quartz veins encountered in an upper portion of drill hole AZS22-83, targeting the Aurizon gold deposit at the 100%-owned Lac La Hache property in the Cariboo region of British Columbia, have returned significant gold values, including 2.5 metres grading 11.4 g/t AuEq (gold equivalent) and 7.11 metres grading 7...Read More

Share this articleVANCOUVER - NGEx Minerals Ltd. [NGEX-TSXV] has reported the discovery of a third zone of high-grade copper-gold mineralization at the Los Helados project in Chile.NGEx is the majority partner and operator at the large-scale Los Helados deposit, subject to a joint exploration agreement with Nippon Caserones Resources Co. Ltd. The project is located in Chile's Region 111.The new zo...Read More

Gold Standard shareholders will receive 0.1193 of an Orla share of Orla and $0.0001, implying a purchase price of 65.5c, a 35% premium to Gold Standard's closing price on June 10.Read More

Toronto-listed Alamos Gold is aiming for a 30% cut in its absolute green house gas (GHG) emissions by 2030, including scope 1 and scope 2 emissions which will be partly met by the phase out ofRead More

It was towards the end of last year that a similar warning about an oversupply of the critical battery metals was made in Mining Journal ("Beware the return of the lithium glut" MJ, November 21,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 minesHaving offloaded most of its base metals into South32 seven years ago, and just completed the sale of petroleum ope...Read More

(IDEX Online) - Jewelry giant Sterling has announced a $175m settlement over long-running claims that it subjected 68,000 female workers to gender bias.Women who were poised for a classwide action will receive a split of the sum, minus an estimated $50m in legal fees and costs (leaving them with an average of just under $1,850).Sterling, part of the Signet group - the biggest US jewelry retailer,...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  These regulatory developments are expected to increase costs for miners both in the EU and globally, at leas...Read More

Natural Resources minister Jonathan Wilkinson has said that Russia's invasion of Ukraine and the fragility of global supply chains have "heightened" the importance of critical minerals as he welcomed mining company delegates on the opening day of PDAC 2022.Wilkinson described the transition to net-zero as a "competitive race" between the world's largest economies, with demands for minerals like li...Read More

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is designing new reporting mechanisms for its employees and training modules for top leaders to spot "unacceptable" behaviours in the workplace, the company said four months after the release of a report that revealed patterns of racism, sexism and harassment among its global workforce. Carolyn Chisholm, director of Rio Tinto's external affairs, said tha...Read More

While prices for battery-making products such as lithium spodumene, carbonate and hydroxide have rallied by 1,553%, 1,057% and 744%, respectively, since mid-2020, the lithium market will struggle to remain balanced in the medium-term, Bank of America (BofA) says in a new research note.According to the bank, the upward pressure has been driven by a confluence of factors, including supercharged dema...Read More

Canadian explorer Lomiko Metals (TSXV: LMR; US-OTC: LMRMF) is looking for graphite and lithium - critical ingredients for the anode and cathode of lithium-ion batteries driving the global push towards decarbonization.The junior miner is advancing its wholly-owned flagship La Loutre graphite project in the Grenville graphite belt of southern Quebec, approximately 180 km northwest of Montreal.The...Read More

Lithium is a critical metal for the global push for decarbonization. It is needed to produce the rechargeable lithium-ion batteries used in electric vehicles (EVs) and energy storage technologies that promise more sustainable, low-carbon transportation systems and energy networks.The U.S. is positioning itself as a leader in this transition to a cleaner energy future. Last November, the Biden admi...Read More

Relationships between the mineral exploration and mining sector and Indigenous peoples within Canada and around the world vary across a broad spectrum - from respectful and mutually beneficial to antagonistic and harmful. We see these diverse variations play out on a global stage and how companies navigate this increasingly complex socio-political environment is a primary factor in whether a proje...Read More

These are exciting times for Canadian explorer and developer G2 Goldfields (TSXV: GTWO;US-OTC: GUYGF) says Dan Noone, the company's chief executive, as it advances the Oko-Aremu gold project in Guyana."In less than two-and-half years, we've progressed from discovery to our first resource on the project, and this marks a major milestone in unlocking the full value of a project that has the potenti...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 minesDavidson said that while supply is expected to increase in the short-term as the Quelleveco and Quebrada Blanca 2 p...Read More

Guzman said the variable rate will by 0% when the copper price is less than US$3.50 per pound and 8% when it is more than $5.25/lb.Between these two values, it will be 0.8% of the difference between the prevailing copper price less the $3.50/lb floor price. So at $4.50/lb copper it will be 0.8% and a $5/lb it will be 1.2%"The president has signed a decree on adapting the export duties for copper w...Read More

The S&P is closing in on bear market territory, which is defined as a decline of 20% or more from recent highs.And it may fall even further. Since World War II, there have been 14 bear markets. The median loss during these bear markets has been 30%, and they lasted about a year (hat tip to Bespoke Investment Group).The Kind of Drop We Haven't Seen in DecadesAnd with the Fed ready to raise inte...Read More

Natural Resources minister Jonathan Wilkinson has said that Russia's invasion of Ukraine and the fragility of global supply chains have "heightened" the importance of critical minerals as he welcomed mining company delegates on the opening day of PDAC 2022.Wilkinson described the transition to net-zero as a "competitive race" between the world's largest economies, with demands for minerals like li...Read More

(IDEX Online) - GIA is to close its Antwerp grading lab, saying it is no longer economically viable.It will stop taking submissions on 1 July and cease trading altogether on 31 July.GIA indicated back in August 2020 that it could close or scale down the Antwerp operation. The Covid pandemic added to its woes, on top of a shift to manufacturing in India and banks' reluctance to lend. Belg...Read More