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

Transparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsThe news comes as lithium prices remain at record highs as demand surges for the electric vehicle battery meta...Read More

The Spain-focused copper miner, which operates the Riotinto mine in Andalusia, said cash costs were now expected to be between US$2.15-2.25/lb, down from $2.25-2.35/lb previously, with all in sustaining costs would likely come in at the low end of its guided range of $2.50-2.65/lb.The downgrade came despite an increase in cash costs during the quarter, up from $1.94/lb in the same quarter last yea...Read More

(IDEX Online) - The bodies of a mother and her two young children in Zimbabwe have been found in an open pit reportedly left unsecured by the Chinese diamond miner Anjin.Local media say the deaths are being treated as murder and suicide, and are related to a domestic dispute.But the incident has provoked anger against Anjin for failing to seal the pits and prevent them filling with water.Villagers...Read More

(IDEX Online) - A gang of nine masked thieves used hammers to smash glass display cases in a brazen attack on a jewelry store.Police have released CCTV footage of the attack on Iceberg Diamonds, at the Sun Valley Mall, in Concord, California, USA.One of the thieves, brandishing a hammer, prevented staff from intervening. The raiders fled before police arrived on Tuesday evening.Shoppers at the mal...Read More

(IDEX Online) - Investors were duped into handing over more than $1m to a man who claimed to own a diamond mine, say police in Australia.He allegedly claimed to be the owner of a non-existent mine in Sierra Leone and offered his victims the opportunity to invest.  Once they paid an initial sum, he allegedly asked for equipment and various gifts for his employees - which he then sold.One...Read More

Tharisa increased its open pit tonnage by 30% to 94.2 million tonnes. The contained volume of PGMs increased by 18%, to 4 million ounces, while chrome increased by 17%, to 21.3 million tonnes.Read More

Transparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsFor all practical purposes, ESG reporting has become mandatory.Read More

Transparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsBut even though vaccination rollouts are continuing apace, and the global economy is rebounding, miners are st...Read More

Transparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsArmed groups have proliferated across the Sahel, a broad region stretching south of the Sahara desert, in rece...Read More

In July, Dundee Precious Metals (TSX: DPM), which held a 23.5% stake in Ecuador-focused INV Metals, acquired the remaining shares in the junior exploration company that it did not already own in an all share deal.Dundee acquired the shares for about 80 ? - a 63% premium to INV Metals' closing price on the Toronto Stock Exchange on May 28. Iamgold (TSX: IMG; NYSE: IAG), INV's largest shareholder at...Read More

Thor Explorations (TSXV: THX; LSE: THX) has released an inferred resource estimate for its Makosa deposit in the southern portion of the Douta gold project in Senegal.Makosa contains 15.3 million inferred tonnes grading 1.5 grams gold per tonne for 730,000 oz. of contained gold. The estimate was based on 35,728 metres of drilling. The Makosa resource encompasses the Makosa, Makosa North and Makos...Read More

Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has awarded a 500,000 tonnes per annum direct-to-blister copper smelting plant contract for the Kamoa-Kakula Complex to China Nerin Engineering.The smelter will be the most extensive of its kind in Africa and one of the largest single-line flash smelters in the world.The US$700 million project is expected to speed along Ivanhoe's ambition to produce environm...Read More

The dawn of a new commodity boom is on the horizon. Base metal prices are rallying and miners are on a global quest for metals to fuel the shift into the green energy and electric vehicle era. Meanwhile, industry discourse surrounds the recognition that for full electrification the world is going to need to mine a lot more - and a lot smarter.A new Edumine course: 'What is Mining' answers the ques...Read More

"A people enslaves itself, cuts its own throat, when, having a choice between being vassals and being free men, it deserts its liberties and takes on the yoke, gives consent to its own misery, or, rather, apparently welcomes it."We believe the 16th-century French political theorist ??tienne de La Bo?(C)tie hooked onto a truth here.We plucked this passage from his masterly work The Politics of Obed...Read More

The diamond sector may be a volatile industry, as its dramatic ups and downs during the pandemic have demonstrated. But readers have remained interested in diamond news this year - especially when it involves large gem diamonds. We've compiled a list of the Top 10 diamond stories from The Northern Miner's sister website MINING.COM for 2021. Note: The top four items are among the site's top 100 mos...Read More

Canada's annual inflation rate accelerated again in October, matching a February 2003 high, led by sharp rises in gasoline and housing prices, data showed on Wednesday, with analysts expecting more heat ahead.Read full newsRead More

Sarama Resources Ltd. (Read full newsRead More

TORONTO, Nov.17, 2021(GLOBE NEWSWIRE) -- Osisko Mining Inc. (OSK:TSX.Read full newsRead More

The global markets will need four times the nickel and double the copper in the next 30 years to facilitate a decarbonised world, a BHP Group executive said on Wednesday.Read full newsRead More

Spot gold rose to US$1,867 an ounce while silver was up slightly and back above $25/oz.Cash copper lost 1.6% on the London Metal Exchange to $9,421.40/t."Buy the dip," US investment bank Jefferies said yesterday.The bank is resolutely bullish on the red metal despite demand concerns."We forecast a balanced copper market in 2022 followed by growing deficits starting in 2023," analyst Christopher La...Read More