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

Canaccord Genuity Capital Markets analyst Dalton Baretto called it "a generally solid quarter" with Centerra's financials mostly beating CG's forecasts but added that the mercury issues which led to production being suspended in March at Oksut overshadowed the results.Centerra's revenue for the quarter of US$295 million beat CG's estimate of $261 million and consolidated all-in sustaining costs of...Read More

A change in the government of Pakistan won't impact the development of Barrick Gold's (TSX: ABX; NYSE: GOLD) US$7-billion Reko Diq copper-gold project in Balochistan province, said CEO Mark Bristow on a conference call on Thursday. In early April, Pakistan's Prime Minister Imran Khan, with whose government Barrick reached a deal in March to restart the Reko Diq project after a decade, was ousted...Read More

The U.S. Environmental Protection Agency (EPA) has dealt a fresh blow to PolyMet Mining's (TSX: POM) plans to build an open pit copper-nickel mine in Minnesota, by recommending that the U.S. Army Corps of Engineers not re-issue a key water-related permit.The agency said this week that the US$1-billion NorthMet project, the first large-scale project to be permitted within the Duluth Complex in nort...Read More

Glencore (LSE: GLEN) has inked a deal with Toronto-based Li-Cycle Holdings (NYSE: LICY) to supply the company with all types of manufacturing scrap and end-of-life lithium-ion batteries. The company will also invest US$200 million in Li-Cycle once the agreement is executed, which would give it the right to nominate its head of recycling, Kunal Sinha, on to Li-Cycle's board. The deal is expected...Read More

A new metric to quantify the amount of waste rock generated by mining critical minerals has been created by the U.S. Geological Survey and Apple.Called the "rock-to-metal ratio," the new metric indicates how much ore and waste must be mined, moved and processed to produce a given unit of a mineral commodity. This information has not previously been available on a global scales.The new rock-to-meta...Read More

Centerra Gold (TSX: CG; NYSE: CGAU) saw its first quarter results hit by the suspension of its ?-ks? 1/4 t mine in Turkey, where the adsorption-desorption recovery (ADR) plant has been out of commission since Mar. 18, with no clear timeline for its reopening.The Canadian gold miner posted net earnings of $89.4 million in the first three months of the year, compared to $167.4 million in the first...Read More

Gold Fields Limited (NYSE: GFI; JSE: GFI) says higher-than-expected inflation levels have started eroding the contingency built into the US$860 million capital expenditure (capex) budget for its 100%-owned Salares Norte development project in Chile.CEO Chris Griffith said in Gold Fields's March-quarter production report on May 5 that the cost overrun could hit up to 7% compared with the company's...Read More

Endeavour Mining (TSX: EDV; LSE: EDV) has pulled the trigger on building a recyanidation circuit at its cornerstone Ity operation in C??te d'Ivoire earlier than expected as it seeks to optimize the operation.The US$41 million investment has been moved forward given that the operation is producing excess cash flow in the high gold price environment. With strong operational performance and a cautiou...Read More

3%. That's the first take.That's the cost so far, it seems. That's what spiking the economy with the pandemic stimulus - stimuli? - seems to mean for inflation we're seeing today.I'm hesitant to even mention it. We're still dealing with the fallout from the most unprecedented expansion of money in ALL of our lifetimes. This will echo for many years to come.Yet we're far enough away from the stimul...Read More

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES1844 Resources Inc. (TSX-V:EFF) (theRead full newsRead More

US Senator Martin Heinrich, a member of the Senate Energy and Natural Resources Committee, has introduced the Clean Energy Minerals Reform Act.Read More

Share this articleVANCOUVER - Iamgold Corp [IMG-TSX, IAG-NYSE] is facing a sharp rise in the estimated completion costs at its Cote gold construction project, which is located north of Sudbury OntarioThe warning is contained in the company's financial and operating results for the first quarter of 2022, which were released after the close of trading on May 3, 2022. Iamgold also said its current Ch...Read More

In Nicaragua, the company's progress at its Caribe target has been held up by the slow turnaround of assays on drill core, with a 58-day turnaround unable to provide the timely feedback the companyRead More

Drill results from the final six holes of the company's eight hole, 3,060m programme included highlights of 596.5m grading 0.23% copper, 0.37 grams per tonne gold and 1.4g/t silver for a 0.Read More

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsDescribing Manono as "arguably one of the most important new mining projects in the world", AVZ po...Read More

The company produced 117,452oz of gold in the quarter, some 44.2% less than the 210,432oz produced in the December 2021 quartet.Read More

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsThe company produced 121,665 ounces of gold at an all-in sustaining cost (AISC) of $696/oz, ending...Read More

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsThis was a 20.4% fall in net earnings compared with the $538 million achieved in the prior year pe...Read More

(IDEX Online) - A tiara with over 100 carats of diamonds that belonged to one of Britain's most extravagant aristocrats is being offered for sale.Henry Paget, 5th Marquess of Anglesey (1875 - 1905) squandered an inheritance from his father worth $75m in today's money, including family estates in Staffordshire, Dorset, Anglesey and Derbyshire.He blew the lot in five years, on outrageous c...Read More

(IDEX Online) - Two men involved in a $1m-plus series of organized jewelry raids across California, USA, have been jailed for 16 months.They broke into JCPenney and Sam's Club stores (retail warehouse clubs owned by Walmart) in nine counties throughout the state between September 2020 and February 2021Defendants Anton Salaam and Marion Paul Tilley both pleaded guilty to a violation of organiz...Read More