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

Earlier in 2022, YESAB recommended to the territorial and federal governments that the project be allowed to proceed, with the recommendation being recently accepted.Read More

Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Ero Copper touts green focus and shareholder returnsSPONSOREDero copperThe manufacturer suspended its free cash flow guidance, and warned that its plan to spin out steel ope...Read More

"The time is now to permanently remove all Russian energy from the American marketplace," said Senator John Barrasso, Republican ranking member of the Senate Energy and Natural Resources Committee.Read More

Oil prices rallied by over 7% today following a warning by the Paris-based International Energy Agency yesterday that that the prospect of large scale disruptions to Russian oil production threatenedRead More

Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Ero Copper touts green focus and shareholder returnsSPONSOREDero copperPrice gains among the mining industry's leading commodity products have averaged over 50% since Februa...Read More

In early February, communities near the mine blocked the railroad used for shipping concentrates from the Cuajone mine, which produces 7,000 tonnes per day of copper, to Ilo where it has a refinery.Read More

As part of its five-year critical minerals strategy announced today, Ontario will invest $24 million over three years in its Junior Exploration Program, half of which will be invested for a critical minerals funding stream, and $5 million for a critical minerals innovation fund. The strategy aims to better connect mines in the north to the manufacturing sector in the south, specifically to Ontari...Read More

Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has said that its proven and probable gold reserves have increased by 81% on a year-on-year basis, while its silver reserves decreased by 10%. The company announced updated reserve and resource estimates for its four operating mines and development projects in the Americas and West Africa. More than half of the new reserve ounces are from assets acquir...Read More

Following consultation with Yukon First Nations, both the territorial and federal governments have given the green light for Newmont's (NYSE: NEM, TSX: NGT) Coffee gold project to proceed, as per Yukon Environmental Socioeconomic Assessment Board's (YESAB) recommendations."The decision to approve the Coffee gold project provides much-needed certainty about the future of the project and the develo...Read More

The Canadian Mining Hall of Fame is now accepting nominations for 2023 inductees. Through their leadership and achievements, individual nominees must have shaped Canada's global leadership in mining, embodied the important role mining plays in Canadian society, and inspired future generations into mining. "Canada's mining industry continues to prove we are essential in driving our economy forward...Read More

Canada is among the world's premier jurisdictions for mineral exploration and mining and has become a go-to destination for the industry. Below, we present seven companies with exciting projects to watch.ARIANNE PHOSPHATEField crew at Arianne Phosphate's Lac ? Paul project in Quebec. Credit: Arianne PhosphateArianne Phosphate (TSXV: DAN; US-OTC: DRRSF) is focused on its shovel-ready Lac ? Paul...Read More

Glencore (LSE: GLEN) will sell its Australian CSA copper mine in New South Wales to Metals Acquisition (NYSE: MTAL.U) for US$1 billion in cash, a US$50-million equity stake in the company and a 1.5% net smelter return life of mine. In 2021, the mine produced 41,000 tonnes of payable copper and 459,000 oz. of payable silver. It is expected to produce more than 40,000 tonnes in 2022 with a...Read More

Nearly three weeks into Russia's invasion of Ukraine, many questions about the conflict are still being debated. Could the West have prevented the crisis? Will the unprecedented level of sanctions levelled against Russia - which Russian President Vladimir Putin has referred to as "economic war" - stop the bloodshed? Will the commodities price shock cause a global recession or a period of stagflati...Read More

The $811 million tax bill, including interest and penalties saw the company arrange a payment plan with the Sunat tax authority, take bank guarantees and raise $500 million via a bond issue in JulyRead More

Two ships sunk over 25 years apart. What binds them together? Two things.First, the sinking of the ships changed the trajectory of the U.S. towards joining the World Wars.A very similar thing could very well pull the U.S. past the point of no return soon, into another major war in Europe.The second similarity is what they were doing. One was carrying munitions, the other escorting them.Here are th...Read More

A Russian anti-war protester - bearing a message in two languages - recently streaked across a Moscow newsroom:This woman in question had evidently labored for the very same "news" organization. The United States media instantly shrieked with glee...What a heroic soul, they gushed. She has defied Mr. Putin before the world's watching eyes. Solzhenitsyn himself had nothing on her.In a pre-recorded...Read More

The Paris-based IEA, a watchdog which represents the interests of leading oil and gas producers including the US, warned today that the prospect of large scale disruptions to Russian oil productionRead More

Look beyond market approach to project valuations: van ZylLeadershipMining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining The Paris-based IEA, a watchdog which represents the interests of leading oil and gas producers includin...Read More

Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Ero Copper touts green focus and shareholder returnsSPONSOREDero copperThis facility centres on a US$200 million commercial tranche with BNP Paribas, ING, Natixis and Soci&e...Read More

Centamin, which owns the massive Sukari gole mine in Egypt, reported a pretax profit of $153.6 million in 2021, down 51% from 2020. The lower profits were down to falling gold output, down by 8.Read More