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

October was a busier month, with more price drops than we have seen of late.RoundsRounds over 0.50-ct saw more movement than in past weeks, especially D-H colors. Among goods up to 1.24-ct and over 3.0-ct almost all movements were downwards. Among 1.25-ct -1.49-ct and 2.00-ct-2.99-ct there was an even mix. 1.50-ct-1.99-ct was the only size category where prices rises dominated.HIGHLIGHTED CHA...Read More

PolarX finds extra copper potential in AlaskaSPONSOREDpolarxNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningThe Minerals Council South Africa said it supported the Department of Mineral Resources and Energy, organised la...Read More

Since the merger of Barrick Gold (TSX: ABX; NYSE: GOLD) and Randgold Resources early in 2019, the new gold major appears to be completing a full circle under the leadership of Mark Bristow by increasingly prioritizing value-adding grass-roots exploration and development, he tells The Northern Miner.After kicking off a period of top-tier gold-industry consolidation, the company has been focusing on...Read More

Lithium Americas (TSX: LAC; NYSE: LAC) has submitted an unconditional offer to acquire all the outstanding shares of Millennial Lithium (TSXV: ML) at $4.70 per share, payable in cash and Lithium Americas common shares for a total consideration of about US$400 million.Based on Lithium Americas' closing price on October 29, this consideration would result in Millennial shareholders owning about 9....Read More

The S&P/TSX Composite Index fell 179.10 points or 0.84% to finish the October 25-29 trading week at 21,037.10. The Global Mining Index dropped 3.06 points or 3.07% to 96.58 and the Global Base Metals Index fell 3.61 points or 2.15% to 164.18. The Global Gold Index fell 12.1 points or 4.23% to 273.73 and spot gold climbed US$8.50 per oz. or 0.47% to finish the week at US$1,784.30 per ounce.Shares o...Read More

The Dow Jones Industrial Average rose 142.54 points or 0.40% to 35,819.56 and the S&P 500 climbed 60.48 points or 1.33% to 4,605.38 during the October 25-29 trading week. Spot gold increased US$8.50 per oz. or 0.47% to US$1,784.30 per ounce.Shares of Nouveau Monde Graphite, which is advancing its 100%-owned Matawinie graphite project in Quebec, jumped US59 ? to US$8.22. The junior announced it was...Read More

The S&P/TSX Venture Composite Index rose 1.59 points or 0.17% to finish the October 25-29 trading week at 950.43. Spot gold climbed US$8.50 per oz. or 0.47% to US$1,784.30 per ounce.Los Andes Copper topped the charts, jumping $1.33 to $10.20 per share. The company announced the appointment of R. Michael Jones as its news president and CEO. The current president and CEO, Antony Amberg, will step do...Read More

Ganfeng Lithium, China's No.1 producer of the battery metal, has signed a new contract with Tesla to supply the electric vehicles maker with battery-grade lithium hydroxide products for three years starting in 2022.The world's top lithium miner by market capitalization did not provide details on price or volumes agreed in the deal, but said that information would be determined by Tesla's purchase...Read More

Operations at Peru's Antamina copper and zinc mine, jointly owned by Glencore (LSE: GLEN), BHP (NYSE: BHP; LES: BHP; ASX: BHP), Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) and Mitsubishi, were suspended on October 31 due to an ongoing roadblock set up by local residents who believe the mine has not lived up to its commitments to support local communities."We don't want to wait until something...Read More

Copper production in Chile, the world's top copper producer, registered in September its worst month for copper since February on the back of labour disruptions and falling ore grades at the country's aging mines.The country's output dropped 6.9% year-on-year in September to 451,128 tonnes and 3.4% from August, government statistics agency INE said on October 29.Soaring copper prices this year ha...Read More

Canadian explorer Green Battery Minerals (TSXV: GEM; US-OTC: GBMIF) is focused on advancing its flagship Berkwood graphite project in northern Quebec, about 285 km north of Baie-Comeau.Graphite is a critical mineral that makes up most of the anode in the lithium-ion batteries used in electric vehicles and energy storage technologies."With electric vehicle demand set to soar over the next several...Read More

It's 1890 in Baltimore, Maryland, and Charles Kennard looks around at his failing fertilizer business at 220 South Charles Street.He needs to make a product that capitalizes on people's fears, emotions, and desires... one that's not tied to the cyclical nature of farming.So he gathers four investors for the purpose of building a company that would exclusively manufacture and market one such produc...Read More

The United States president - and other bow-wow wowsers of his type - presently huddle in Glasgow, Scotland.Their objective: to break a fever.They inform us Earth is down with an alarming one, with worsening sweats in prospect.Thus they fixate their eyes distressingly upon the rising mercury.Increases greater than 1.5 degrees (Celsius) over pre-industrial levels risk breakaway heating, potentially...Read More

The S&P 500 touched 4,608.08 on Friday before closing up 0.2% to 4,605.38.However base metals could be under more pressure today after the latest factory data out of China on Sunday showed a further contraction.The purchasing managers' index (PMI) for the country's manufacturing sector came in at 49.2 in October, down from 49.6 in September and below analysts' expectations.Factors being pointe...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 mineralsThe S&P 500 touched 4,608.08 on Friday before closing up 0.2% to 4,605.38.However base metals could be under more pr...Read More

(IDEX Online) - Observers for the Kimberley Process (KP) have drawn up four key demands to end the ongoing flow of conflict diamonds.They say the certification scheme, which was established in 2003, has been deadlocked for over a decade as member countries fail to agree on adapting to current challenges.The Kimberley Process Civil Society Coalition, which acts as an observer for KP, says diamond m...Read More

(IDEX Online) - Hackers are holding the exclusive London jeweler Graff to ransom after stealing confidential data on tens of thousands of super-wealthy clients.A report in The Mail on Sunday (MoS) today says details of buyers and their purchases could cause huge embarrassment to customers who bought gifts for secret lovers or had received jewelry as a bribe.Graff has become a go-to jeweler fo...Read More

(IDEX Online) - A British retiree who almost binned an item of worthless "costume jewelry" was stunned to find it was actually a genuine 34-ct diamond, worth up to $2.75m.The unnamed 70-year-old was clearing her house and took it to be valued, along with other pieces she'd picked up over the years, at swap meets. She had no idea where she bought it or how much she paid.Featonby's Auction...Read More

PolarX finds extra copper potential in AlaskaSPONSOREDpolarxNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningThe Apumayo mining company in Ayacucho saw its installations put to the torch after being invaded by community m...Read More

Brownwood, Texas, today is bustling like never before. The old hotel downtown is being renovated after sitting in decay for decades.The restaurants are packed. Houses are selling for 20% more than their Zillow values. The banks are experiencing a big influx of funds. New residents are pouring in from around the country. Everyone is making money. It's a charming and happy place, except that everyon...Read More