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

On April 19, 2022, Xanadu Mines Ltd announced a strategic partnership to progress its Kharmagtai copper-gold project in Omnogovi Province. Under the agreement, Zijin Mining Group Co. will invest in both Xanadu and the project directly.At the corporate level, Zijin will invest A$11.3 million into Xanadu in two tranches. An initial placement on April 27 saw Zijin receive 139 million shares at an iss...Read More

The revised credit facility also includes "sustainability-linked metrics".Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.The company reported an intersept of 420m grading 0.Read More

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryAs part of a non-brokered private placing, Agnico will increase its stake to 19.7% from 13.3% on a partially-diluted basis assuming the e...Read More

Look beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryThe revised credit facility also includes "sustainability-linked metrics".Read More

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryRio already owns 51% of Turquoise Hill, the owner of 66% of the Oyu Tolgoi copper-gold mine in Mongolia.The company made a $2.7 billion,...Read More

Anglo American sees a shortfall of an annual 18 million tonnes between refined copper demand and committed mine copper supply and copper scrap in smelting by 2040.Read More

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoverySince the end of March, the S&P 500 share price index has fallen 13.Read More

(IDEX Online) - Alrosa's sales of high-value diamonds to wealthy investors in Russia have increased significantly since sanctions and hard currency restrictions were imposed.The miner, part-owned by the government, launched its Diamond Exclusive program, in partnership with private banks, three years ago.Instead of selling its largest and clearest fancy color stones and colorless gems over 3-...Read More

(IDEX Online) - Investigators in India probing an alleged $20m diamond scam are seeking help from authorities in Hong Kong.The Central Bureau of Investigation (CBI) has sent judicial requests for assistance after diamonds were allegedly imported with vastly-inflated fake invoices as part of a money laundering racket.Three customs officers at Mumbai International Airport and another 14 individuals...Read More

(IDEX Online) - Mountain Province Diamond (MPD) says it has found kimberlite in three out of four locations during a winter exploration program at its Kennady North project in Northwest Territories, Canada, on the edge of the Arctic Circle.It has released interim results on its search for new kimberlites, based on a detailed analysis of ground and airborne geophysics, kimberlite indicator minerals...Read More

"We appreciate having quickly attained Stage 1 agreement with Rio Tinto's Nuton team and look forward to further advancing the MacArthur and Yerington projects," Lion's CEO Travis Naugle said.Rio is to provide US$3.75 million in funding to Lion for the Mason Valley project development and exploration. Rio has the option to earn a 65% interest in the assets.The deal was made following Rio's Nuton l...Read More

Aftermath Silver (TSXV: AAG) has reported several drill holes intersecting shallow mineralization at the Berenguela silver-copper-manganese project in Peru's Department of Puno. Highlights from the 14 drill results included 5.2 metres grading 70 grams silver per tonne, 5.03% copper, 13.9% manganese and 0.19% zinc starting from 58.9 metres in drill hole AFD-010 and 9.4 metres grading 424 grams si...Read More

In the U.K., despite horrendous inflation and gloomy economic forecasts, we are preparing to party. To mark the beginning of a four-day Platinum Jubilee celebration, thousands of beacons are being lit across the land at 9:45 pm on Thursday, June 2. Queen Elizabeth II actually reached her 70 years on the throne back in February (as I wrote at the time) but, ever pragmatic, we delayed the celebratio...Read More

Max Resource (TSXV: MAX; OTC: MXROF) has raised $15.3 million through a private placement of 25.5 million units at a price of 60 ? per unit to advance its flagship Cesar copper-silver project in Colombia.Each unit comprises one common share and one common share purchase warrant, with each warrant exercisable for one year at a price of 85 ?. Net proceeds of the financing will be used for drilling a...Read More

South African miner Gold Fields (NYSE: GFI; JSE: GFI), already dealing with the effects of inflation and the relocation of endangered chinchillas at its Salares Norte gold project in Chile, is now facing potential sanctions from the country's environmental regulator due to the death of specimens of culpeo fox in the area.The Superintendency of the Environment (SMA) has ordered the company to imple...Read More

In May 1997, the editorial staff of The Northern Miner broke one of its own rules and bought an equity position in Bre-X Minerals. Journalists normally aren't allowed to buy shares in companies they cover, but this paper spent $60 about 25 years ago to secure share certificates that could be framed. This, so that the newsroom never forgets the Busang scandal and Graham Farquharson's role in une...Read More

In May 1997, the editorial staff of The Northern Miner broke one of its own rules and bought an equity position in Bre-X Minerals. Journalists normally aren't allowed to buy shares in companies they cover, but this paper spent $60 at the time to secure share certificates that could be framed. This, so that the newsroom never forget the Busang scandal and Graham Farquharson's role in unearthing...Read More

About 87 years ago, give or take, one of the most successful advertising campaigns in history started.One that both captured and redefined the American zeitgeist - commercial, corporate, and consumer.Here's a classic example...The "Better Living Through Chemistry" slogan lasted until 1982, which speaks to its enduring promise. DuPont was changing life as we knew it, for the better.That made a ton...Read More

"A man with money meets a man with experience," begins an old Wall Street chestnut, concluding that:"The man with the experience leaves with the money, while the man with money leaves with experience."We hazard that many moneyed men - flush with stock market winnings and faith in the Federal Reserve's backstopping - have met experienced men recently.The experienced men are presently walking away w...Read More