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

Share this article VANCOUVER - Calibre Mining Corp. [CXB-TSX; CXBMF-OTCQX] and Fiore Gold Ltd. [F-TSXV; FIOGF-OTCQB] have signed a definitive agreement for Calibre to acquire all of the issued and outstanding common shares of Fiore.The transaction will create a diversified, Americas-focused, growing mid-tier gold producer with targeted annual gold production of approximately 245,000 ounces. The c...Read More

Share this article TORONTO - Argo Gold Inc. [ARQ-CSE; ARBTF-OTCQB; A2ASDS- XFRA, XSTU, XBE] has completed a 17-hole, 2,670-metre drill program at the Northgate area of the Uchi Lake gold project in the Red Lake Gold District, northwest Ontario. The exploration targets at the Uchi Gold Project area continues to be the narrow vein, high-grade gold mineralization a common economic model in the Can...Read More

PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperAssays have been received for the first nine drill holes of which eight holes intersected gold with a highlight of 53.5m grading 72...Read More

PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperThe company has completed about 102,000m of drilling to date at Queensway and plans to increase the number of drill rigs on site fr...Read More

Fiore shareholders will receive 0.994 of a Calibre share and C$0.10 in cash for each Fiore share with an implied consideration of C$1.80 per share.Read More

Look beyond market approach to project valuations: van ZylLeadershipPolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningThe pricing is at 58c per new share. The raising follows a $47 million equity placement to institutions earlier this y...Read More

PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperHome to an estimated 80% of the world's known manganese, the Kalahari field has never achieved its full potential thanks to a combi...Read More

(IDEX Online) - A 6.75-ct pink diamond ring, with a high estimate of $10.9m, is among the highlights of the Christie's Geneva Magnificent Jewels Sale early next month.Lots previously announced include a pair of diamond bracelets that originally belonging to Queen Marie-Antoinette of France, comprising 112 diamonds with an estimate of $2m to $4m.And a ruby and diamond bracelet presented by Bri...Read More

Sales of watches and jewelry in the US rose by just over 35 per cent year-on-year in August.That's broadly in line with the 36 per cent figure for July. Actual dollar sales this August were slightly higher than July. The percentage increase was slightly lower because of higher sales last August, as the post-lockdown recovery gathered pace. Sales were buoyed by an unexpected rise of 0.9 per ce...Read More

(IDEX Online) - Alrosa is considering a request to supply rough diamonds direct to factories in India.The move was proposed last Friday by the Gem & Jewellery Export Promotion Council (GJEPC) as it hosted its first high-level international delegation since the pandemic.Colin Shah, GJEPC chairman said afterwards: "The direct sourcing of rough diamonds would help our micro, small and medium ente...Read More

The kidnapped workers, who had been captured during traffic route inspections, were released on October 23, and have now been reunited with their families, KEFI said. Read More

Output from those producers that have reported figures for the September quarter shows production is up just 0.9% year-on-year.Read More

It gained full control of the project, previously known as Timok, after acquiring Nevsun Resources then Freeport-McMoRan's stake in Timok's Lower Zone in 2019.The underground mine is expected to produce 50,000 tonnes of copper and 3t of gold in 2021, Zijin said, with the first part of the project targeting "an ultra-high grade orebody".Zijin this month reported a net profit of CNY11.3 billion...Read More

Processing plant operations resumed on Friday and the ramp-up of copper concentrates production was expected today, Vale said.It was still investigating the causes of the fire which had partially affected the conveyor.Salobo had produced 172,700t of copper concentrate last year, and 38,000t of Vale's 69,200t for the September quarter.Vale estimated an impact of about 8,000t on production, which it...Read More

AMOS, QUEBEC-Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) is building exploration momentum at its flagship Douay and Joutel projects in Quebec's Abitibi gold belt, where it is working with Agnico Eagle Mines (TSX: AEM; NYSE: AEM) in a 50-50 joint venture to jointly unlock their regional potential.On February 2, Maple Gold Mines and Agnico Eagle signed a joint venture agreement under which the parti...Read More

In another sign that it's not just large mining companies looking at M&A deals, Calibre Mining (TSX: CXB; US-OTC: CXBMF) is buying fellow Canadian miner Fiore Gold (TSXV: F; US-OTC: FIOGF) in a deal it says will create a diversified, Americas-focused mid-tier gold producer.Under the deal, Fiore's shareholders will receive 10 ? in cash and 0.994 of a Calibre common share for each Fiore share they o...Read More

Exploration and mine development company Diamond Fields Resources (TSXV: DFR) says a privately held company it intends to acquire has completed an initial resource estimate on the Labola gold project in southwestern Burkina Faso.The resource comprises 5.41 million indicated tonnes grading on average 1.52 gram gold per tonne for 264,000 oz., and an inferred estimate of 6.93 million tonnes grading 1...Read More

Callinex Mines (TSXV: CNX; OTC: CLLXF) has updated the resource at its 100%-owned Point Leamington gold-copper-zinc project in the Buchans mining camp of Newfoundland.The pit-constrained indicated resource is now 5 million tonnes grading 0.09 gram gold per tonne, 12.2 grams silver per tonne, 0.54% copper, 0.01% lead, and 1.39% zinc. The category contains 2.5 million gold-equivalent ounces.The infe...Read More

In a video produced by Franco-Nevada (TSX: FNV; NYSE: FNV), Chairman David Harquail sits down with Ingrid Hibbard, president and CEO of Pelangio Exploration (TSXV: PX), to reminisce about how their two companies combined their efforts to put the Detour gold mine in Ontario into production in 2013. "It was a big deal for Pelangio and it all started with a handshake," Hibbard recalls. "We though...Read More

Southern Silver Exploration (TSXV: SSV; US-OTC: SSVFF) is a Canadian exploration company focused on developing high-grade precious and base metal properties in North America.The Vancouver-headquartered junior is advancing its 100%-owned Cerro Las Minitas silver-lead-zinc project in Mexico, about 70 km northeast of the city of Durango.The 34,450-hectare property lies within the prolific Faja de Pl...Read More