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 Sept. 30... in a mere 17 days...The United States government will "shut down" barring fresh congressional funding.Uncle Samuel's doors will swing shut and Pandora's notorious box will swing open.Horror upon horror will ensue.The ranger patrolling the National Park of American Samoa will be thrown into idleness...The Federal Theatre Project will be thrown into darkness...And the visiting seven...Read More

(IDEX Online) - Five men have been charged with using companies based in New York City's Diamond District to process over $600m in illegal money transfers.They are accused of using numerous diamond, gold, and jewelry companies as fronts to conduct hundreds of millions of dollars in illegal financial transactions for customers - including converting cash to checks or wire transfers - in exchan...Read More

The company is guiding 2023 production at 145,000-155,000oz at an all-in-sustaining cost of US$1000-1180/oz. "Switching to grid power will make us $100/oz cheaper," said Downey.Read More

"We're a discovery company," Sunstone Metals managing director Malcolm Norris says, as the copper-gold explorer continues to reveal the potential at the Bramaderos and El Palmar projects in Ecuador.Norris is one of the presenters at the inaugural MiningNews Select event.Read More

(IDEX Online) - Greenland's only ruby mine has closed, after reportedly running up $74m of debts.Greenland Ruby, which started production of rubies and pink sapphire mining in 2017, has laid off its remaining staff and put the mine, at Aappaluttoq, in the southwest of the country, on care and maintenance.The company, owned by Norway-based LNS Group, originally predicted a 10-year life for the...Read More

Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uraniumLodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals However, with optimism drooping following a Chinese financial-stimulus plan that failed to deliver, how stocks are likely to perform towards the year's end has become anyone's guess.Read More

Lodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uraniumOrla has a development pipeline that includes the Cerro Quema gold-copper project in Panama, the South Railroad gold project in Nevada, US and the sulphides at its Camino Rojo gold oxide mine inRead More

Bristow said that the substantial growth in copper production, combined with the output from Barrick's gold portfolio, is expected to increase the miner's attributable production to 6.Read More

Wheaton Precious Metals will provide $5 million of the financing, with management and directors the rest, as the culmination of a series of transactions that saw the company repurchase a 0.Read More

I was there in the mid-1990s when fledgling internet companies began to offer a new service that promised to revolutionize communication: email.Access to the internet was growing rapidly, and programs like Netscape made email simpler and more user-friendly. Meanwhile, businesses quickly saw how useful email was for communication.Nevertheless, many people were initially hesitant to embrace email du...Read More

"If things go well, by June 2024, we could have our RoD (record of decision) reinstated, and it is reinstated, we are comfortable that we can move forward on the permitting for the mine," saidRead More

The company is developing a proprietary alkaline leach to heap leach the refractory ore. The company has previously proven its approach works and aims to increase the recovery it obtains.Read More

(IDEX Online) - De Beers today said it will no longer sell lab grown engagement rings, after a three-month trial reinforced its belief that they are "unsustainable" as a commercial proposition."Retailers already need to double the number of LGD carats sold every two years just to maintain a flat absolute gross profit," the company said.Lightbox, the De Beers lab grown division, dipped its toe into...Read More

(IDEX Online) - Israel is to host its second annual Diamond Conference next April, together with a three-day Diamond Exhibition.Both events are part of the International Diamond Week, hosted by the Israel Diamond Exchange (IDE), in Ramat Gan.The inaugural Israel Diamond Conference, which took place in March, was the country's first international event since the Covid pandemic.It brought toget...Read More

Miramar Resources executive chairman Allan Kelly outlines the upside as the company explores IOCG targets at Whaleshark and nickel-copper-PGE targets at Bangemall, both in the Gascoyne, as well as the gold potential at its projects near Kalgoorlie.Kelly is one of the presenters at the inaugural MiningNews Select event.Read More

The London-listed miner, which operates base metals projects in Kazakhstan and North Macedonia, declared a 9p per share, down from 10p at the same time last year, but still ahead of analystRead More

Last week, we learned that Elon Musk unilaterally intervened to keep Ukrainian drones from attacking Russia's navy. Fortunately, that wasn't enough to stop Ukraine from defending its homeland. To the contrary, Ukraine's proficiency with drones has left an indelible mark on the flagging Russian military and the world at large."The experience we are getting right now is unique, in terms of its usage...Read More

The project would feature both open pt and underground mines, and would start with a 1,750tpd process plant which would be expanded to 4,000tpd in year three.Read More

Valeriano now contains an inferred resource of 1.4Bt grading 0.50% copper and 0.2gpt gold, 0.96gpt silver and 63.8gptmolybdenum for a for a 0.67% copper equivalent at a cut-off grade above 0.Read More

Lodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uranium"A detailed mapping of rare earth resources and a comprehensive business model that integrates upstream, midstream, and downstream industries will be developed to sustain the rare earth value chain inRead More