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

Acting CEO Scott Sullivan said the resumption of milling came two weeks ahead of schedule, following the completion of plant upgrades and maintenance activities. Mining commenced a month earlier than expected in October. Sullivan heralded the resumption of operations as a major milestone. Underground operations will ramp up over the course of the next three quarters, so primary mill...Read More

Wheaton Precious Metals (NYSE: WPM; TSX: WPM) has reported earnings per share and revenue for the three months ended September that missed the consensus mark, despite record revenue for the year to date.The Vancouver-based precious metals streaming pioneer reported US$269 million in revenue during the third quarter, down 12.5% from the same period a year ago and missing consensus estimates by US$3...Read More

While the world slowly returns to some form of post-Covid normality, the tantalum industry is transitioning to an entirely new normality, one where reliability, stability and transparency are replacing the traditional volatility, uncertainty and opacity, which is likely to stimulate long-term growth in demand.Electronic capacitors remain the largest single market for tantalum, despite having lost...Read More

Minera Alamos (TSXV: MAI) has poured its first gold at its 100%-owned Santana mine in Sonora, Mexico, five months after beginning mining operations.The Vancouver-based company said the gold was recovered from early material stacked on the mine's heap leach pad in July and August.The miner said it intended primarily to commission the carbon recovery plant and associated solution pumping systems in...Read More

In mining, grade is king. Across the commodity spectrum, some of the most anticipated results - which can determine the scope of a mining project - are assay values from drill testing.As one of mining's most influential figures, Robert Friedland, sums it up:"Mining 101. High grade is good. Low grade is bad.""The higher the grade, the smaller the environmental footprint, Friedland has said. "...Read More

Guinea's junta has appointed Moussa Magassouba, the director general of AngloGold Ashanti's (NYSE: AU; JSE: ANG) local subsidiary as the country's mines and geology minister, two months after the elite army unit overthrew President Alpha Conde.Magassouba, a western educated mining engineer and fluent English speaker, has more than 20 years' worth of experience in the industry. He joined Anglo Gold...Read More

People keep looking at the burgeoning space industry and thinking about the joyrides being taken by the likes of Elon Musk and Jeff Bezos.And of course, that's the way they want it.But in truth, the global space economy is so much bigger than that.For example, the latest major space announcement came on Oct. 21, when three companies - Nanoracks, Voyager Space Holdings, and Lockheed Martin (NYSE: L...Read More

VANCOUVER , British Columbia, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) ("Rover" or the "Company") is please...Read full newsRead More

Grab sample assays up to 13.40 gt Au from new targets north of PeRead full newsRead More

TRU Precious Metals Corp. encountered visible gold early in its 5,000 metre diamond drill program currently underway at its flagship Golden Rose Project.Read full newsRead More

GTI Resources Ltd (GTI or Company) is pleased to advise that the acquisition of Branka Minerals Pty Ltd and the vendor placement of $600,000, as advised to ASX on 18 August 2021, have now both been completed.Settlement of the acquisition and completion of the vendor placement are the final milestone...Read full newsRead More

Its US$120 billion in purchases, announced in December 2020, would be reduced by $15 billion this month, chairman Jerome Powell said.Meanwhile the bank could "be patient" regarding a rise in interest rates, he told reporters.Gold had earlier dipped towards $1,760 an ounce on the spot market and was at $1,776/oz at the time of writing.Red Lake Gold (CSE: RGLD) was the standout in Toronto, closing u...Read More

Look beyond market approach to project valuations: van ZylLeadershipNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldPolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsIts US$120 billion in purchases, announced in December 2020, would be reduced by $15 billion this month, chairman Jerome...Read More

Sumitomo's investment at $1 per share gives it a 10.1% stake in Kenorland, which has a series of deals with mining majors.The pair also entered an investor rights agreement, including Sumitomo's right to appoint a director.The junior said 80% of the funds would be used for exploration and 20% for general and administrative purposes."Sumitomo's investment is a significant milestone for us and repre...Read More

Lucara lifted the bottom end of guidance for full year diamond revenue to US$195-210 million, from earlier guidance of US$180-210. Revenue in the September quarter was U$S72.Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipPolarX finds extra copper potential in AlaskaSPONSOREDpolarxNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldHighlights included 92.66m grading 3.36 grams per tonne gold equivalent including 7.01m grading 24.15g/t.Read More

The gold was recovered from early material stacked on the Santana heap leach pad during July and August and intended primarily to commission the company's carbon recovery plant and associated solutionRead More

SolGold chairman Liam Twigger sent a letter to shareholders yesterday outlining a difference of opinion between the two companies over governance.Read More

The company announced a 14c per share return with its results for the quarter to September 30 to be paid in December, which will complement the 9c dividend for the quarter.Read More

The two Ukrainian projects are Shevchenkivske and Dobra, the former which an exploration target of 11-14 million tonnes grading 1.2-1.3% lithium oxide, and the latter 80-105Mt at 1.1-1.4% Li2O.Read More