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

The Dominican Republic has completed a review of the location for a new tailings storage facility for Barrick Gold's (TSX: ABX; NYSE: GOLD) US$1.4 billion Pueblo Viejo gold mine expansion project that will extend production at the Tier One asset beyond 2040.The world's second-largest gold producer had warned last year that production at the mine would have to end in 2030 without a new mining waste...Read More

Australian billionaire Andrew Forrest's Wyloo Metals has completed the acquisition of Noront Resources almost a year after placing its initial offer to buy the company and edging out the world's largest miner, BHP (NYSE: BHP; LSE: BHP; ASX: BHP), in a takeover battle that lasted for months. Wyloo Metals acquired all of Noront's common shares that it did not already own on Apr. 7, following a sh...Read More

A little more than nine months following its initial public offering (IPO), U.S.-focused junior Bradda Head Lithium (AIM: BHL, US-OTCQB: BHLIF) shares continue to fly high following the 65% resource growth at its Basin East lithium project in Arizona.With rising lithium prices, Bradda Head shares trading in London have tripled in value and continues to trade at a relatively high level on heightene...Read More

Pure Gold Mining (TSXV: PGM; LSE: PUR) has been named in a civil claim in the British Columbia Supreme Court for allegedly failing to disclose information relating to its operations at its underground mine in Red Lake, Ont. The company said in a statement on Apr. 7 that it had learned of the civil claim and described the complaint as "unfounded and without merit." Pure Gold says it intends to...Read More

The Chilean government of President Gabriel Boric is suing mines operated by giants BHP (ASX: BHP), Albemarle (NYSE: ALB) and Antofagasta (LON: ANTO) over alleged environmental damage caused in the northern Salar de Atacama salt flats, the world's driest place on earth.The State Defense Council's (CDE) legal action singles out BHP's Escondida, the world's largest copper mine, Antofagasta and Bar...Read More

Alrosa (MCX: ALRS), the world's top diamond producer by output, has been hit by fresh sanctions imposed by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC).The OFAC announced late on Thursday it had placed Alrosa on the Specially Designated Nationals (SDN) list, which effectively kicks a sanctioned company out of the U.S. banking system and bans its trade with Americ...Read More

A little more than nine months following its initial public offering (IPO), U.S.-focused junior Bradda Head Lithium (AIM: BHL, US-OTCQB: BHLIF) shares continue to fly high following the 65% resource growth at its Basin East lithium project in Arizona.With rising lithium prices, Bradda Head shares trading in London have tripled in value and continues to trade at a relatively high level on heightene...Read More

A few weeks ago I wrote about the Fed and interest rates.My thesis was that the Fed wouldn't undermine the economic recovery it's sowed over the past two years by overcorrecting for inflation.But some of the rhetoric I've seen these past few weeks has me second-guessing that position.To wit, here's recent quote from Fed Chair Jerome Powell:The labor market is very strong, and inflation is much too...Read More

I'm now looking again at the polls of Biden's popularity. They are shocking, even devastating.We are looking at nearly a 12-point split between approval and disapproval. I'm assuming that the reality is much worse, given that everyone knows what one is supposed to tell the pollsters. They are not looking for disapproval. They are looking for compliance. That so many are willing just to say what th...Read More

Share this article VANCOUVER - Forum Energy Metals Corp. [FMC-TSXV; FDCFF-OTCQB; F3E-FSE] reported drill results at its 100%-owned Love Lake nickel-copper-palladium project in northeastern Saskatchewan. The Love Lake layered mafic complex is located approximately 100 kilometre east of Cameco's Key lake uranium mill along Highway 905 to the Rabbit Lake/ McClean Lake uranium mills. Forum completed...Read More

Kinross in a statement today said it had budgeted around US$60 million for this year to start field work at its newly acquired Great Bear project, which fittingly is in an Ontario municipality calledRead More

Toronto-listed Wallbridge Mining has identified additional gold mineralization within the area of its Fenelon resource in Quebec and has expanded its Area 51 zone.Read More

Washington last month acted decisively with the EU to offer it alternative supplies of US and other non-Russian liquefied natural gas (LNG) to help wean Europe off Russian gas imports.Read More

West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Raleigh Finlayson, the newly minted Genesis Minerals chief executive, broke from deeply engrained industr...Read More

(IDEX Online) - The CEO of Meylor Global, the Ukraine-based factory that produces the world's largest lab grown diamonds, has told how her staff have fled for their lives, or taken up arms against the Russian invaders.Yuliya Kusher (pictured) described the men who had been making diamonds until a few weeks ago, and who are now defending their country, as "jewels".The factory in Kyiv re-opened...Read More

(IDEX Online) - The most expensive piece of jewelry in the history of Tiffany & Co, a diamond necklace valued at up to $30m, made its debut appearance when Beyonce wore it for an Oscars after-party.It's a a modern take on the jeweler's iconic 1939 World's Fair Necklace, and it features a total of 578 diamonds, with a total weight of 180 carats set in platinum.At is center is an...Read More

(IDEX Online) -  Total sales of US watches and jewelry were over $115bn in 2021, the highest figure, by far, for at least a decade. It's an increase of just over 50 per cent on 2020, according to the Department of Commerce.  Suppliers and retailers tell us stay-at-home consumers went on a spending spree last year. Travel restrictions halted their vacation plans so the...Read More

Canada's 2022 Budget has proposed to provide a total of up to $3.8 billion over eight years to develop electric vehicle components such as batteries and permanent magnets and ensure that the country becomes a "vital part" of the global critical minerals industry. The budget allocates up to $1.5 billion for the development of critical minerals supply chains, with "a focus on priority deposits."...Read More

The mining industry is playing by the wrong rules, and has been for decades. Many of us are scientists, and believe truth is discovered by establishing all of the facts. However, as Oscar Wilde told us, the truth is rarely pure and never simple. Reality is easily distorted by incomplete data and misunderstood information, and what is real doesn't matter as much as people's perceptions, accurate or...Read More

Several analysts have adjusted higher their metal price assumptions for 2022 as the February Russian invasion of Ukraine drags on, wreaking havoc on global metals and mineral supply chains.Moody's Investors Service released a report on Apr. 6 flagging spiking prices for commodities Russia is a crucial producer of. These include aluminum, zinc, nickel, copper, gold and metallurgical and thermal coa...Read More