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

Toronto, Ontario--(Newsfile Corp. - March 10, 2022) - Caprock Mining Corp. (CSE: CAPR) (Read full newsRead More

Harmony Gold Mining Company Limited (NYSE:HMY) shares, rose in value on Thursday, March 10, with the stock price up by 2.96% to the previous day's close as strong demand from buyers drove the stock to $5.32. Actively observing the price movement in the recent trading, the stock is buoying the sessRead full newsRead More

Share this article VANCOUVER - MAG Silver Corp. [MAG-TSX, NYSE American] signed a definitive arrangement agreement to acquire all of the issued and outstanding common shares of Gatling Exploration Inc. [GTA-TSXV; GATGF-OTCQB] in an all-share transaction. Each Gatling shareholder will be entitled to receive 0.01702627 of a common share of MAG Silver for each share of Gatling held.The consideration...Read More

Gatling shareholders will receive 0.01702627 of a MAG share for each Gatling share held, which values Gatling at about C40c per share, representing a premium of about 47.4%.Read More

In Q4, the diversified company reported revenue of US$327.7 million, which is up 8% year on year. Net income rose 25% to $327.7 million, or $1.16/share, while adjusted net income was flat at $163.Read More

Wesdome produced 123,843 ounces of gold, up 37% from the previous year. This includes 101,403 ounces at its Eagle River complex in Ontario, Canada.Read More

The fine relates to the mine reducing the level of the water from the surface by than 25cm and since 2005, exceeding the maximum acceptable decrease that vegetation in the area can withstand.Read More

Wyloo Metals has approved a $4.9 million drill program to explore the West Raglan project in northern Quebec's Nunavik region as part of its earn-in agreement with Orford Mining (TSXV: ORM). Wyloo, run by Australian billionaire Andrew Forest, aims to drill about 2,500 to 3,000 metres at West Raglan this year and will focus on the Frontier, Beverly and Boomerang zones. Last year Orford identif...Read More

MAG Silver (TSX: MAG; NYSE-A: MAG) is acquiring Canadian junior Gatling Exploration (TSXV: GTR) in an all-share deal.Gatling shareholders would receive 0.017 of a MAG common share for each Gatling share held, valuing Gatling at approximately $0.40 per share. The share consideration reflects a 49.1% premium relative to the company's closing price on the TSX Venture Exchange on March 10 and a 47.4...Read More

The New York-quoted equity of Wheaton Precious Metals Corp. (Nasdaq: WPM: TSX: WPM) fell on Friday after the company overnight reported lower earnings and revenue, missing analyst forecasts for the fourth quarter of 2021.Unphased by the equity performance, president and CEO Randy Smallwood tells MINING.COM in an interview, the company is generating strong free cash flow. WPM reported nearly $200 m...Read More

Guinea's ruling junta has ordered a full halt of Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) vast Simandou iron ore project in the country's southeast, with interim president Mamady Doumbouya saying it is not clear how the mine will preserve national interests.The current government, which took power in a military coup in September, said in a statement that Doumbouya had not seen any progress in...Read More

Russia is going to default on its debt.It could happen as soon as next month, if not next week.It's a given.Russia's next bond payment is due on March 16, but even with a 30-day grace period, no one in their right mind believes Russia is actually going to pay it.In fact, it probably couldn't even if it wanted to.That's because Western sanctions have barred Russian banks from accessing foreign curr...Read More

MJ Nighthawk Gold had a management team change last year and you came on board. Why was the management team changed and what was the board of directors looking to achieve with this?Read More

Drilling extended the 55 Zone mineralisation to a strike length which is now 800m and a width of 250m with a highlight of 37m grading 1.04 grams per tonne in hole 200 including 4m grading 5.31g/t.Read More

Highlights included 11m grading 4.04 grams per tonne at Victory, including 1m grading 36.6g/t.Read More

Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherThe 12-month extension involves a repayment of $30 million this August, $20 million in both January and March next year, and the final $80 million in March 2024.Read More

Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherBlackstone executives scheduled a three hour virtual briefing for investors last week following release of a pre-feasibility study into the company's Ta Khoa nickel...Read More

(IDEX Online) - India's only industrial diamond mine sold over 8,000 carats in an e-auction, though it did not disclose prices or further details.There are over 1,000 licensed artisanal mines in the country, but only the state-run Majhgawan mine, in the central state of Madhya Pradesh, is mechanized.Mining at Majhgawan (pictured) has been stopped several times over the last 50 years because o...Read More

(IDEX Online) - Two men have been jailed for a $400,000 armed raid on a jewelry store on the outskirts of Chicago, USA. They stole watches by Frederique Constant, Patek Phillipe and Tudor, as well as high-value jewelry from Razny Jewelers (pictured) in Hinsdale, Ilinois, in March 2017.The defendants later "sold, attempted to sell, or disposed of some of the stolen items" in the Chicago area a...Read More

(IDEX Online) - The company behind the first regulator-approved diamond commodity is now offering investors a higher-value diamond bar, in addition to the coins it launched last year.New York-based Diamond Standard says it has received regulatory approval for the 70mm by 35mm transparent bar containing "a set of certified natural diamonds with identical geological scarcity".They each have an initi...Read More