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

(IDEX Online) - The largest blue diamond ever to be auctioned today sold for just under $57.5m at Sotheby's Hong Kong - way above its $48m estimate, but just short of the Oppenheimer Blue's $58m record.The Type IIb 15.1-carat, IF fancy vivid step cut Cullinan Blue (pictured) went to an unnamed buyer.The hammer price was HK$390m, plus HK$60.9m in auction premiums, totaling HK$450.9m...Read More

(IDEX Online) - A collection of over 200 pieces of jewelry owned by George Schultz - former US secretary of state - and his philanthropist wife Charlotte are to be auctioned at Bonham's New York.Seventy of the items in Style and Substance: The Collection of George and Charlotte Shultz are by Tiffany & Co.Among the highlights are the Hedges and Rows platinum and gold necklace (pictured, de...Read More

(IDEX Online) - Petra Diamonds is seeking a buyer for its loss-making Koffiefontein mine, in South Africa.The UK-based miner says otherwise it will close the underground deposit, in Free State province, when it reaches the end of its life in 2025."The focus of this disposal process will be to identify a technically and financially suitable buyer that could potentially unlock further value from Kof...Read More

Ero Copper touts green focus and shareholder returnsSPONSOREDero copperIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsChampion Iron to fuel green steel revolutionSPONSOREDchampion iron Commodity price risk, which dropped to second, has previously always topped the survey during its 12-year history.Co...Read More

Total copper production guidance for the year now stands at 790,000-855,000 tonnes, which is down from 810,000-880,000 tonnes.The revision followed first quarter production falling 10% from Q4 2021 to 182,210 tonnes."Different factors at each of the main operating mines contributed, to varying degrees, to a reduction in grade from Q4 2021 levels," First Quantum said."Grades are expected to return...Read More

When Rio Tinto's Diavik diamond mine closes in 2025, it's going to put a major dent in the finances of the Northwest Territories. The mine, now 100% owned by Rio Tinto after it acquired Dominion Diamond's 40% share last year, following Dominion's filing for insolvency protection in 2020, was Canada's second diamond mine, with production starting in 2003. Now, it is the first of the Northwest Terr...Read More

Defense Metals (TSXV: DEFN; OTC: DFMTF) has received results for the final five holes totalling 1,079 metres from the 29-hole (5,349 metres) diamond drill program completed during fall 2021 at its Wicheeda rare earth element (REE) deposit located near Prince George, B.C. These drill holes (WI21-57 through WI21-61) were collared from the two sites within the eastern area of the project.Resource def...Read More

Drill results from Fosterville South Exploration's (TSXV: FSX; US-OTC: FSXLF) initial 10-hole drill program at the Thompson Reef and the Prince of Wales Reef within the Reedy Creek target of its Providence project in Victoria state, Australia, have returned "strong gold grades," at shallow depths. Highlights from the drill results included 2 metres grading 174.42 grams gold per tonne starting f...Read More

Nearly all crucial battery metals will witness supply deficits in the next decade as mining projects struggle to come online, Benchmark Mineral Intelligence analysts have said. The research group that specializes in the electric vehicle supply chain believes that the world is already witnessing the "great raw material disconnect" impact the end user. "Lithium-ion battery cell prices are set...Read More

South Africa's Petra Diamonds (LSE: PDL) is exploring options to offload its loss-making Koffiefontein diamond mine in the home country, which is scheduled to reach the end of its life in 2025.The company's preference is to sell Koffiefontein, which had a gross resource base of 5.3 million carats as of June 30, 2021. These resources included 1.1 million carats in the indicated resource category ac...Read More

Several of the world's largest companies including Apple, Tesla and Intel may be using conflict minerals from the Democratic Republic of Congo (DRC) in their products as they rely on a certification scheme accused of helping "launder" irresponsibly mined metals.According to the latest report of Global Witness, an international non-profit that challenges power abuses, several firms that use the Int...Read More

In the 1970s, Nestl?(C) (SWX: NESN) was accused of causing the deaths of hundreds of thousands of infants in third-world countries by proliferating the use of its baby formula products at the expense of natural breastfeeding.The report that sparked an international boycott of Nestl?(C) was titled "The Baby Killer."1974 report "The Baby Killer" and poster by Rachael RomeroThe boycott against Nestl?...Read More

There are days when you just want to shout: Thank goodness for the market!It seems like one of the few institutions remaining that actually tells the truth in a world of lies. It checks governments, ideologues, central banks, preening elites and delusional intellectuals and finally tells the world what is true.The message is not always obvious and clear but the trajectory is. It's about all we hav...Read More

The world's addiction to coal, a fuel many thought would soon be on the way out, is now stronger than ever.Read full newsRead More

Share this article VANCOUVER - Teck Resources Ltd. (TECK.B-TSX, TECK.A-TSX, TECK-NYSE) has been granted an option to earn up to a 75% interest in Golden Rim Resources Ltd.'s [GMR-ASX] 100%-owned Loreto Copper Project in northern Chile.The Canadian mining giant can exercise the option by making US$600,000 in staged cash payments to Australia Stock Exchange-listed Golden Rim and spending US$17...Read More

The estimate reflects results of an additional 58,837m of drilling up to the end of July 2021, an increased gold price of $1,650/oz for reserves and $1,900/oz for resources, and an exchange rate of 5Read More

The company reported a highlight of 876m grading 0.74% copper equivalent in hole 73 which also included intervals of 696m grading 0.80% and 210m grading 1.06% copper equivalent.Read More

Shanta's first quarter production was 11,408 ounces of gold, down by 2.2% year on year.Read More

Foremost Lithium Resource & Technology (previously Far Resources)  has completed a ten hole 1,509 meter drill program at its Zoro lithium project in Manitoba, Canada.Read More

The equity distribution agreement is with Canaccord Genuity, Sprott Capital Partners LP, BMO Capital Markets and Haywood Securities.   Shares in the firm fell 7.2% or C$0.07 to C$0.90.Read More