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 indicated open pit resource is now 46.4 million tonnes grading 1.Read More

Highlights included 325.1m grading 0.42% copper equivalent from 15 metres downhole depth with the hole ending in mineralization, and 357m grading 0.Read More

The company reported an intercept of 1,177m grading 0.43% copper and 198 parts per million molybdenum, or 0.Read More

However, their reluctance to take advantage of strong cash flow generation to pay down debt saw the aggregate debt increase 12.4% to $18.Read More

Alma Metals seeks the future of copper in AustraliaSPONSOREDalma metalsBattery materials poised for another strong year in 2022SPONSOREDwood mackenzieShorrocks vies to repeat Bellevue, Auteco successes at CygnusSPONSOREDcygnus goldTrigg buoyed by scoping study, SOP priceSPONSOREDtrigg miningThe funding will allow further exploration, mineral resource expansion and drilling in Kitsault Valley locat...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 pantherReports about the company are increasingly about its green credentials and the fact it has the highest exposure to energy transition metals than any of the majors.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 pantherGeodrill hopes that a strong gold price and new contracts will see the good results continue through 2022. The Q4 net income stood at US$2.8 million, or $0.06...Read More

(IDEX Online) - Lucapa today announced a $9.1m investment that will allow it to speed up exploration projects in Angola and Australia, as diamond prices maintain their steep rise.The Australian miner also said it was exploring a strategic collaboration to sell goods from its newly-acquired Merlin mine directly to the luxury jeweler Margot McKinney.Stephen Wetherall, Lucapa's managing director...Read More

(IDEX Online) - Petra says like-for-like rough diamond prices rose by 46.5 per cent in the six months to December 2021 amid strong demand across all sizes and qualities.The UK-based miner today announced sales of $140.6m at Tender 4, an increase of almost 10 per cent on Tender 3. Last week it announced an interim figure for around 80 per cent of sales as it held Tender 4 in South Africa for t...Read More

(IDEX Online) - Luxury brands including LVMH, Richemont, Chanel, Kering and Hermes are suspending their operations in Russia, in response to its invasion of Ukraine.LVMH, which owns Christian Dior, Tiffany & Co, Givenchy, Kenzo, TAG Heuer and Bulgari closed all 124 of its outlets on Sunday in Moscow, St. Petersburg and Yekaterinburg, but said it will keep on paying its 3,500 employees.Richemon...Read More

The London-listed equities of Alba Minerals (LSE: ALBA) and GreenRoc Mining (AIM: GROC) rose on Tuesday following a maiden graphite resource for the Greenland-based Amitsoq project.GreenRoc has compiled a Joint Ore Reserves Committee- (JORC) compliant indicated and inferred resources of 8.28 million tonnes at an average grade of 19.75% graphitic carbon, giving a total graphite content of 1.63 mill...Read More

Russia's invasion of Ukraine, already pushing up prices for an array of commodities rapidly higher since it began on Feb. 24 - including adding a record 250% to the price of nickel over the past two days - will have longer-lasting structural effects on metals and mining markets and supply, said BMO Metals and Mining in a report released on Monday. The report "Ukraine & Russia: Identifying Exposur...Read More

Women working across the resource industry continue to face challenges around bullying, discrimination and inequitable treatment, a new report by the Australasian Institute of Mining and Metallurgy (AusIMM) shows.According to the document, which is based on the responses of 550 people polled for the organization's fourth annual Women in Mining Survey, 70% of female respondents said bullying is com...Read More

This week's episode features Integra Resources president and CEO George Salamis in conversation with Northern Miner Podcast host Adrian Pocobelli. George discusses the recent BMO conference in Florida, supply concerns ("We're short on everything"), and how North America can streamline its metal production with faster permitting timelines.This week's CEO Spotlight features Lomiko Metals chief execu...Read More

The London Metal Exchange (LME) cancelled nickel trading on Tuesday after a first-time 250% price spike triggered by Western sanctions against major producer Russia, which left brokers struggling to pay margin calls against unprofitable short positions.Prices for the metal, key ingredient in batteries that power electric cars and high-tech devices, soared to a record above US$100,000 a tonne amid...Read More

Mkango Resources (TSXV: MKA) says that it has produced neodymium and praseodymium enriched rare earth carbonate on a pilot basis from raw materials taken from its Songwe Hill Rare Earths project in Malawi in east Africa. The company's CEO William Dawes told The Northern Miner that the hydrometallurgical piloting, which took place at Australia's Nuclear Science and Technology Organisation, was a...Read More

Companies working in the mining sector in Chile see little chance that the proposal will prosper and make it to the final draft constitution given that it has already been rejected once for inclusion by the plenary session of the Constitutional Convention. A second rejection by the plenary session will see the proposal be dropped for good."The environment committee is one of several committee's ma...Read More

There's no doubt that the financial sanctions put on Russia by the U.S., the U.K., EU members and others are the most severe ever imposed. The U.S. Treasury has announced 15 separate sanctions programs in recent days and no doubt more are on the way.The targets of these sanctions include Russian banks, Russian stocks and bonds and various payment channels. Most significantly, the U.S. froze the ac...Read More

Some 80 years ago, some poor young man on the HMS Sheffield, clearly not willing to smile for reasons probably related to the conditions depicted, was captured on film in a God-forsaken corner of the world:The U.S. was swirling around the maelstrom that was World War II as it sent rickety cargo ships to sleepy ports few Americans knew about - some worse than others.Welcome to the "Murmansk Run."Pa...Read More

Geodrill hopes that a strong gold price and new contracts will see the good results continue through 2022. The Q4 net income stood at US$2.8 million, or $0.06 per share, which saw 2021 net income rise 88% year-on-year to $14.1 million, or $0.31 per share. The West Africa-based company's revenue hit $26.7 million in Q4, having risen by 8% year-on-year.For 2021, the company's revenue was $...Read More