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) - Britain has imposed a 35 per cent tariff on loose diamonds imported from Russia.It's part of a $1.3bn package of new and increased tariffs on luxury goods aimed at further isolating the country over its invasion of Ukraine.The move comes a month after the British government named Alrosa as one of 65 Russian businesses and individuals being sanctioned in a move to "to cut off v...Read More

(IDEX Online) - A delegation from Alrosa reportedly visited Indian manufacturers last week to see if they could find a way round banking restrictions.The miner, part-owned by the Russian government, was excluded from the SWIFT financial messaging service after the war in Ukraine began in February.India, the world's biggest diamond polisher, relies heavily on Russian gems.Alrosa discussed opti...Read More

(IDEX Online) - More than 400 items from the Tiffany & Co archive are to be displayed at the iconic Saatchi Gallery, in London.Vision & Virtuosity celebrates the the jeweler's 150th anniversary in the capital.Highlights of the exhibition, which opens in June, include Tiffany's famed window displays, the original script from Breakfast at Tiffany's, the newly-acquired the 80-c...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 Both companies have been viewed as among the most recalcitrant on matters linked to combatting climate change.Read More

The short-term outlook, according to the bank, is for the copper market to remain tight thanks to a number of "supply challenges".Read More

The deal sees Teck subsidiary Teck Chile granted options to earn up to a 75% interest in Loreto by making US$0.Read More

The funds, which are to come through an offering price of C$0.80 per share, are to be used to advance the company's Copper Creek and Contact Copper projects in the US.Faraday's share price on the Canadian Securities Exchange hit a record high of C$1 on April 26."I am pleased to see such strong demand across institutions and individual investors for our at-market financing, and I am delighted with...Read More

In this week's episode we take a closer look at Alcoa's earnings call and the subsequent stock price reaction downward. The call features Alcoa president and CEO Roy Harvey and CFO William F. (Bill) Oplinger, who discuss rising energy costs, leaving Russia, shipping challenges and ongoing environmental intiatives towards zero carbon smelters.All this and more with host Adrian Pocobelli.Music Credi...Read More

Big Ridge Gold (TSXV: BRAU; OTC: ALVLF) has released additional results from its 25,000-metre, Phase I exploration drill program at the Hope Brook project in Newfoundland and Labrador. Hope Brook is a former mine that produced over 750,000 oz. of gold between 1987 and 1997. First Mining Gold (TSX: FF) acquired the property in 2015, and Big Ridge currently has the right to earn an 80% interest by s...Read More

Sitka Gold (CSE: SIG; OTC: SITKF) has provided assay results of the first diamond drill holes completed during its 2022 winter exploration program at the district-scale RC gold project. The property comprises a land package of 376 sq. km within the Tombstone gold belt of Yukon.The exploration target at the RC project is an intrusion-related gold deposit system. Other intrusion-related gold deposi...Read More

Fission Uranium (TSX: FCU; OTC: FCUUF) has provided an update on the feasibility study slated to be completed later this year for its 100%-owned Patterson Lake South (PLS) project in the Athabasca Basin. The company reports that the field work for geotechnical, hydrogeological and metallurgical assessments are complete, and importantly, engineering and planning for the proposed mine are now well a...Read More

Australia's Golden Rim Resources (ASX: GMR) has executed an option and joint venture agreement with Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada's largest diversified miner, to develop the Loreto copper project in Chile.The asset is located 120 km north of Teck's Quebrada Blanca, the miner's main growth project, and it is surrounded by operations run by BHP (NYSE: BHP; LSE: BHP) and Cod...Read More

Copper Mountain reported a net loss of C$4.2 million on sales of $93.9 million. The company ended the quarter with cash and equivalents of $159.2 million. It also increased its all-in cost guidance for the year from to US$2.25 to US$2.75 per pound.The company produced 13.2 million pounds of copper, 5,135 ounces of gold and 55,993oz of silver in the quarter for 15.6 million pounds of copper equival...Read More

It seems that more and more commentators and political figures are calling for an increased U.S. role in Ukraine, even the deployment of ground troops.For example, Sen. Chris Coons of Delaware recently argued, "We in Congress and the administration [must] come to a common position about when we are willing to go the next step and to send not just arms but troops to the aid in defense of Ukraine.&#...Read More

Metals Creek Resources Corp. (TSXV: MEK) (OTCQB: MCREF) (FSE: M1C1) (theRead full newsRead More

Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (Read full newsRead More

Share this article VANCOUVER - Paycore Minerals Inc. [CORE-TSXV] reported exploration drilling results from the 100%-owned FAD property in the Battle Mountain-Eureka gold belt in Nevada. Paycore common shares commenced trading on the TSX Venture Exchange today.Drilling highlights include the first hole drilled to test for near-surface mineralization intersected multiple mineralized horizons over...Read More

Share this articleTORONTO - Kinross Gold Corporation (TSX:K; NYSE:KGC) announced today that it has entered into a sale agreement with Asante Gold Corporation (CSE: ASE; FSE: 1A9) to sell its 90% interest in the Chirano mine in Ghana for a total consideration of $225 million in cash and shares. The Ghanaian government has a 10% carried interest in Chirano.Upon closing of the transaction, Kinross wi...Read More

Codelco said potentially interested companies must have the economic capacity and technology to undertake exploration and their future development.Read More

Its 90% stake in Chirano will be sold for a total consideration of US$225 million in cash and shares to Vancouver-headquartered Asante Gold Corporation.Read More