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

Gold rose 1.7% to US$1,793 per ounce, silver 2.35% to $$23.11/oz while copper jumped more than 4% to $4.Read More

Share this article VANCOUVER - Iconic Minerals Ltd. [ICM-TSXV; BVTEF-OTC; YQGA-FSE] released a preliminary economic assessment report (PEA) for the 100%-optioned Bonnie Claire project located 48 km (30 miles) north of Beatty, Nevada.The report was prepared by Global Resource Engineering Ltd. (GRE) of Denver, Colorado. Using the updated NI 43-101 resource report released September 1 by the company...Read More

(IDEX Online) - A British high street bank is facing a huge fine for failing to prevent a jewelry wholesaler from laundering almost $500m.NatWest could be ordered to pay up to $463m following an historic prosecution by financial regulators. The exact amount of the fine will be determined at another hearing, on 8 December.It's the first time a bank has been prosecuted under the Money Laun...Read More

(IDEX Online) - Signet is set to buy the jeweler Diamonds Direct in a $490m cash deal.The retailer, based in Charlotte, North Carolina, operates 22 freestanding off-mall stores in 13 US states, largely targeting bridal and younger markets.The Diamonds Direct leadership, including president Itay Berger will remain after the acquisition, which is expected to conclude early next year. Mr Berger will...Read More

Look beyond market approach to project valuations: van ZylLeadership3 things that help keep capital projects on trackSPONSOREDproudfootAmerican Pacific building US copper positionSPONSOREDamerican pacific miningAntipa demonstrates high CalibreSPONSOREDantipa mineralsGold rose 1.7% to US$1,793 per ounce, silver 2.35% to $$23.11/oz while copper jumped more than 4% to $4.Read More

3 things that help keep capital projects on trackSPONSOREDproudfootAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesAntipa demonstrates high CalibreSPONSOREDantipa mineralsSome 3,120m were drilled in 12 re-entry reverse circulation holes as extensions from the bottom of histori...Read More

Look beyond market approach to project valuations: van ZylLeadership3 things that help keep capital projects on trackSPONSOREDproudfootAmerican Pacific building US copper positionSPONSOREDamerican pacific miningAntipa demonstrates high CalibreSPONSOREDantipa mineralsCodelco has used bond for many years to raise finance for its development plans including its cureent $32 billion invesment plan thro...Read More

The Spain-focused copper miner said it expected total production for 2021 to come in at 54,000-56,000t, up from 52,000-54,000t previously, an upgrade it said was driven by "the strong performance atRead More

The company said its largest shareholder Pala Investments was set to provide a further US$41 million through an amended credit facility, and its senior project lender KFW-IPEX Bank had agreed a "significant deferral and extension" of its debt facilities.The company's new president and CEO Randy Buffington, who was appointed last week, said the improvements provided "significant additional runway"...Read More

Santacruz Silver Mining (TSXV: SCZ; US-OTC: SZSMF), which owns the producing zinc-lead-copper Zimapan mine in Mexico's Hidalgo state, is acquiring a portfolio of silver assets in Bolivia from Glencore (NYSE: GLEN).The assets include Glencore's 45% stake in the producing Bolivar and Porco mining operations in its joint-venture with Bolivian state-owned miner COMIBOL (55%); a 100% stake in the Sinch...Read More

South32 (LSE: S32; ASX: S32) is the main contender to acquire a 45% interest in the vast Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM (WSE: KGH). The Perth-based mining company could pay as much as US$2 billion for the minority stake, people with knowledge of the sale process told the Financial Times, adding there was no certainty a deal would be reached. S...Read More

Canada is rich with resources needed to fuel the electrification of modern society, and Canadian companies are rich with ideas for finding lithium, nickel, copper, cobalt, and PGMs wherever they are around the world.AMERICAN MANGANESEA coin cell rechargeable NMC battery using recycled lithium, nickel, manganese, and cobalt from American Manganese's patent pending lithium-ion battery cathode materi...Read More

World Copper (TSXV: WCU; US-OTC: WCUFF) is making headway on developing compelling low-cost, oxide-resource-based copper projects in Chile and the United States, CEO Nolan Peterson told The Northern Miner in a recent interview.A relative newcomer to the copper exploration and development sector, it has already outlined an alternative economic development case for the Escalones project in Chile, an...Read More

Tesla (NASDAQ: TSLA) has inked a multi-year nickel supply deal with New Caledonia's Prony Resources, which guarantees the U.S. carmaker about 42,000 tonnes of the metal needed to produce the batteries that power its electric vehicles.Prony, which bought the loss-making nickel and cobalt operations in the French territory from Vale (NYSE: VALE) earlier this year, said it's targeting production of 4...Read More

It might be hard to believe, but the government monopoly on money can be overthrown tomorrow. We, the people, can master it and make it our servant. How?Mainly because we live in an information economy, which is an economy of mind. Meaning it can be changed as fast as minds can change. Money is not a mystery. And a reversal of policy can affect massive improvements in very little time. In the same...Read More

So you're interested in investing in precious metals.But you think gold might be a little too pricey.Well, you're not alone.One of the first questions new gold investors have is "What about silver?"And that makes good sense. Silver is more volatile and leveraged for higher investment gains than gold - and who isn't interested in bigger gains?Right now, gold is trading on the COMEX for about $1,750...Read More

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Supply pressure has pushed the aluminium price to its highest point since 2008, with the spot price up 3.27% to US$3,044.50 per tonne.Marex's Al Munro on the LME desk referred to a report that Europe's aluminium production might come to a complete stop by year-end as current magnesium inventories - where China is the main supplier - are only expected to last to the end of November.China's power wo...Read More

Vale was elected to membership yesterday at the ICA's annual meeting of members in London, taking the number of members to 31 on six continents."We are excited to have Vale join us at this pivotal point when ESG issues and climate change mitigation are driving the industry to positive change," ICA president Anthony Lea said."We are working closely with our members to define the ways in which the c...Read More

Fission Uranium Corp (TSX: FCU) - which has the Patterson Lake South uranium project in Saskatchewan - led gains as it closed up 30.8%.The uranium spot price rose more than 2% to $39.70/lb, having neared a nine-year high around $50/lb last month.The Sprott Physical Uranium Trust has continued its buying spree, saying last week its holdings exceeded 30 million pounds.Its shares (TSX: U.U) rose 6.8%...Read More