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

VANCOUVER, British Columbia, May16, 2022(GLOBE NEWSWIRE) -- Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) ("Rover" or the "Company") is...Read full newsRead More

Share this article VANCOUVER - Great Atlantic Resources Corp. [GR-TSXV; PH0-FSE] reported gold assays for drill core samples from the fifth drill hole (GP-21-153) of the 2021 diamond drilling program at its 100%-optioned Golden Promise gold property, located within the central Newfoundland gold belt. The hole was drilled at the Jaclyn main zone, located in the northern region of the property. The...Read More

Analysts have highlighted the impressive drilling results at Filo del Sol which could attract interest for the firm which is a part of the Lundin Group.Read More

There was a "very, very high risk" that the US economy could be hit by recession, Blankfein told US media on May 15. "If I were running a big company, I would be very prepared for it.Read More

Sherritt has said an assessment of the expansion capital costs at Moa indicated that costs are estimated to be at the upper end of the US$20,000-$25,000 per tonne range of new nickel capacityRead 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 discoveryThe 15% price fall from US$4.90 a pound 10 weeks ago to latest sales at $4.16/lb has taken copper back to where it was 12-months ago.Read More

(IDEX Online) - Investors will be able to buy a tiny share of a high-value fancy colored diamond, with the launch on Wednesday of Luxus.The US-based fractional ownership business will allow clients, who would otherwise be priced out of the market to buy 0.1 per cent or less, of a gem.The first diamond on offer is a 0.54-ct fancy pink diamond from the iconic Argyle mine, in Australia, valued at $40...Read More

(IDEX Online) - Four masked raiders smashed the display window at jeweler's store with sledgehammers and fled with $100,000 of merchandise.Police in Westchester County, New York State, USA, later arrested three suspects after they crashed their car during a chase and fled, leaving the loot behind.The smash and grab took place at Golden Square Jewelry, Yonkers, last Thursday.One of the co-owne...Read More

(IDEX Online) - Fashion model Molly Sims dazzled at the Met Gala, wearing 120 carats of diamonds.She wore a $1m necklace in her hair, courtesy of Ring Concierge, the New York jeweler that specializes in designs "for women, by women".Sims, 48, has featured in campaigns for Jimmy Choo, Escada, Giorgio Armani, Michael Kors, and Chanel.She also wore two pairs of pear and marquise cluster earrings (16...Read More

(IDEX Online) - Plans by Botswana Diamonds to buy the loss-making Ghaghoo mine have collapsed, after it failed to secure a joint venture partner.The Irish explorer had a a non-binding agreement with owners Gem Diamonds, dependent on it finding a partner by 10 May. But it says there's still a possibility it will resurrect the agreement.The mine, about 300 km northwest of the capital Gaborone,...Read More

From an industry-wide marginal production cost of US$6150 a tonne in 2021 the cost of producing copper has risen to $8000/t, the bank said.Read More

"This is a transformational year for Capstone as we ramp-up our new Mantos Blancos mill, construct the Mantoverde sulphides project and deliver a District Integration Plan for Santo Domingo with Mantoverde," Capstone Copper's CEO John Mackenzie said.Production levels from 2021 showed that the company would have had a copper production base of over 175,000t for that year.Capstone Copper was created...Read More

Nouveau Monde Graphite (TSX-V: NOU; NYSE: NMG) and Mason Graphite (TSX-V: LLG; US-OTC: MGPHF) have entered into an option and joint venture agreement to advance Mason Graphite's Lac Gu?(C)ret project in northeastern Qu?(C)bec. As part of the deal, Nouveau will have the option to own 51% of the property if it invests $5 million in Mason Graphite and spends $10 million on advancing the property....Read More

The Horizons ETF Copper Producers Index ETF (TSX: COPP) is set to go live for trading on the Toronto Stock Exchange on May 17, providing a new option for investors to gain passive exposure to the world's $2 billion-plus market cap copper producers.Nicolas Piquard, the company's VP, portfolio manager and options strategist, tells The Northern Miner the fund aims to take full advantage of forecast i...Read More

Equinox Gold (TSX: EQX, NYSE: EQX) has suspended operations at its RDM mine in Brazil for at least two months as scheduled permits needed to raise its tailing dam were delayed, the company said on May 16. The company has been applying for permits to raise its TSF every year since 2018 after it altered the design of its facility and changed it from a centreline to a downstream design. It last r...Read More

The rise in the electric vehicle (EV) market share of the car industry is fuelling demand for the metals used in the lithium-ion batteries that power them. However, current lithium-ion battery technologies suffer from a trade-off between power and weight, with EV manufacturers seeking to maximize the energy density of batteries while minimizing their weight. Considerable effort is now underway t...Read More

Shares of Revival Gold (TSXV: RVG) rose 25% this morning on an updated resource estimate for its Beartrack-Arnett gold project in Idaho, that increased ounces in the indicated category by 56% and in the inferred by 19%. The project's updated indicated resource totals 64.9 million tonnes grading 1.01 grams gold per tonne for a contained gold of 2.1 million oz., compared with the 2020 reported esti...Read More

Baffinland Iron Mines' proposed expansion of its Mary River iron ore operation on the northern tip of Baffin Island, in Nunavut, has suffered a major blow after a review board advised against the project on environmental grounds.After four years of consultations and deliberations, the Nunavut Impact Review Board (NIRB) last week rejected the miner's request to more than double output to 12 millio...Read More

Porphyry copper deposits are largely produced by mechanisms similar to those causing large volcanic eruptions, new research by the University of Geneva has found.In a paper published in the journal Communications Earth & Environment, the scientists behind the discovery say that at a time when current copper resources are dwindling, their finding opens up new avenues for the development of tools to...Read More

The city of Flin Flon in Manitoba has a rich and storied history of mining that began when gold was discovered around Amisk Lake at the start of the 20th century - the first major discovery of gold west of Ontario since the Klondike gold rush of the 1890s. The focus then shifted to base metals when, according to local legend, in 1915, a prospector named Tom Creighton discovered a massive copper-z...Read More