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

Nunavik-based Raglan mine, owned by Glencore (LSE: GLEN), has asked Quebec's Ministry of Labour, Employment and Social Solidarity to appoint an independent mediator to facilitate discussions with the mine's union after workers voted in favour of a strike mandate. Nearly 98% of the 630 workers from the United Steelworkers Union, Local 9449, voted in favour of a strike action, the union said in a...Read More

Analysts expect slowing Chinese GDP growth to weigh on most metals prices in the near term. However, they also note strong fundamentals providing optimism for metal prices to see some revival in the second half of 2022.While metals prices remain highly sensitive to developments in China, the world's largest metal producer and consumer, Fitch Solutions' Country Risk team has flagged increased downs...Read More

Equinox Gold (TSX: EQX) and Sandstorm Gold (TSX: SSL; NYSE: SAND) are creating a new diversified metals royalty company - Sandbox Royalties - which will combine assets in the Americas and Europe.The US$93.4-million transaction will see the two Canadian gold producers sell a portfolio of royalties to privately-held Rosadale Resources. Equinox Gold is offloading royalties worth US$28.4 million in co...Read More

Over two weeks in late May into early June, three important mining districts are going to the polls, with mining and climate change set to influence outcomes to varying degrees.At press time, a federal election in mining-friendly Australia had already taken place. On May 21, Aussies chose a new government under Labour Party leader Anthony Albanese. The centre-left Albanese replaces Scott Morrison,...Read More

All you hear about in the media is how many Russian soldiers are being killed and how much Russian equipment is being destroyed. Videos are everywhere depicting Russian tanks being destroyed.You never hear anything about Ukrainian military casualties or see any videos of Ukrainian tanks and other military equipment being destroyed. But rest assured, Ukraine has suffered heavy losses in its war wit...Read More

Share this articleVANCOUVER - Anacortes Mining Corp [XYZ-TSXV-XYZFF-OTCQB] has commenced drilling at the Tres Cruces oxide and sulphide in the Quiruvilca Mining District in north central Peru.The move comes after the company said it had received the Authorization to Initiate Exploration Activities" from the Peruvian Ministry of Energy and Mines. This represents the final approval necessary to comm...Read More

Share this articleVANCOUVER - Sama Resources Inc. [SME-TSXV; SAMMF-OTC] report additional drilling results from the 2021 to 2022 drilling campaign at the newly discovered 100%-owned Grata nickel-copper-palladium (Ni-Cu-Pd) prospect in Ivory Coast, West Africa. Sama has drilled a total of 23 drill holes for 7,673 metres at the Grata discovery.Highlights include drill hole GR-06B that returned 60.15...Read More

The draft report, and accompanying draft conditions for environmental assessment release, will be available for 30 days for public review and comment following which the Minister of Environment andRead More

Based on a $1600 an ounce gold price, Tower Gold had the potential to produce 200,000-350,000 ounces a year over an initial 15 year mine life.Read More

The company said that due to extensive underground development, there is a significant amount of stockpiled ore on surface to allow for a more measured ramp-up of underground mining over the first fewRead More

Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgRosedale will acquire a portfolio of royalties from Equinox for $28.4 million in stock and from Sandstorm for $65 million comprising $32.1 million in...Read More

B2Gold is offering 0.0206 of a share for every Oklo share and 5.25c cash. The implied value of 17.25c per share represents a 127% premium to Oklo's closing price of 7.6c yesterday.Read More

Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgThe agreement has been reached with three of the four recognised unions among South African workforce, representing 90% of unionised employees.The de...Read More

Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmg"The initial stage of the growth plan and our current priority is a feasibility phase," a spokeswoman for the Saskatchewan-based firm said.Read More

Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgForty or so years ago, at the onset of the third Fraser ministry, the Australian government's natural resources portfolio was held by Doug Anthony, t...Read More

(IDEX Online) - Two diamonds over 100-carats lead a Sotheby's New York auction next month - a 101.41-carat Type IIa pear-shaped D-color IF stone, which is expected to sell for over $10m.And a 111.59-carat pear-shaped fancy deep orange-brown diamond, on the market for the first time in nearly 40 years, with an estimate of $1.5m to $2.5m.Sotheby's says it is "pleased to present not one, bu...Read More

(IDEX Online) - A robber convicted of an $800,000 raid on a US jewelry store has been jailed for 10 years, and ordered to pay $500,000 in restitution.Kenneth Jones, 41, stole an estimated 700 pieces of vintage and designer jewelry, valued at $800,000, from Pretty in Patina, in Omaha, Nebraska, in February 2018.Fingerprints found on a garbage bag he left behind at the scene led detectives to his la...Read More

(IDEX Online) - Jewelry retailers in the US are insisting on declarations from manufacturers in India that they will not use rough stones from Russia."A number of units have received mails from the US buyers. They are worried over the matter," Dinesh Navadiya, regional chairman, Gem & Jewellery Export Promotion Council (GJEPC), Gujarat, told India's Economic Times.An estimated 250,000 dia...Read More

TAM, which is 3km north of the Alpala deposit, now hosts a measured and indicated resource of 528.5 million tonnes grading 0.36% copper equivalent for 1.27Mt of contained copper and 3.Read More

Peter Akerley, a founder of Erdene Resource Development Corp., first became aware of Mongolia's mineral riches in the mid-1990s as exploration manager for one of the largest western financed programmes in the country. As a geologist, with 35-years of experience, he describes himself as being "awed" by the country's geological potential ('Erdene' is the Mongolian word for treasure, or jewel).Akerle...Read More