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

After a tricky start to the year, higher than expected ore mined coupled with higher rougher feed grades in the PGM circuit saw PGM production rise 12.Read More

Share this article VANCOUVER - Standard Lithium Ltd. [SLI-TSXV, NYSE, S5L-FRA] has released positive results of preliminary economic assessment (PEA) as well as an updated inferred mineral resource for its Southwest Arkansas lithium project, also known as the Lanxess Project.Standard Lithium shares advanced on the news, rising 7.5% or 73 cents to $10.43 on volume of 444,910. The shares currently...Read More

(IDEX Online) - The controversial statue of Cecil Rhodes remains in place at Oxford University, but a plaque now explains that he "obtained his fortune through the exploitation of minerals, lands and people of southern Africa."The governing body at Oriel, the college Rhodes attended and where his statue is situated, voted in favor of removing it after setting up an independent commission of inquir...Read More

(IDEX Online) - Costco says strong jewelry sales helped boost its Q4 e-commerce revenue by almost nine per cent.Richard Galanti, chief financial officer of the membership-only warehouse club, said jewelry was among its stronger departments as it reported a 20 per cent jump in net income for the quarter, to $1.67bn.He also said: "We actually sold a couple of rings in the $100,000 range," in an...Read More

(IDEX Online) - An extremely rare 93-ct black diamond has gone on display at London's Natural History Museum.The rough diamond, which weighed over 300 carats, is thought to have originated in Brazil. It was acquired by the lender's family during the late 1800s in Goa, India - a well-known gem cutting center at the time.The stone was cut and polished, and set into a white gold p...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 mineralsHighlights included 24m grading 5% copper 0.6 grams per tonne gold, 1% zinc and 23g/t silver.Read More

The Havieron PFS was based on an initial ore reserve of 14 million tonnes at 3.7 grams per tonne gold and 0.54% copper for 1.Read More

Shortly after mobilizing the first drill rig to its Silver Strand brownfields asset in Idaho, U.S., newly renamed Silver Hammer Mining (CSE: HAMR) is aiming at building a multi-asset silver-focused producer with both large-scale resource growth and near-term production potential, president Morgan Lekstrom tells The Northern Miner.Formerly known as Lakewood Exploration, the junior resource company...Read More

Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said today that expansion of its Kamoa-Kakula mine in the Democratic Republic of Congo, the biggest copper operation to come online in decades, is ahead of schedule, with full production now expected in the second quarter next year. Construction of the mine's Phase 2 concentrator plant was originally expected to finish in the summer of 2022, the company sai...Read More

Newcrest Mining (TSX: NCM; ASX: NCM), operator of the Red Chris gold-copper mine, says a just-completed prefeasibility study for underground block caving at the operation confirms its potential to become a world class, long life mine. The study pegs the capital cost of the project, which is 30% owned by Imperial Metals (TSX: III; US-OTC: IPMLF), at $2.6 billion.This is the first National Instrumen...Read More

Antofagasta (LSE: ANTO) has become the first mining company in Chile to set-up a pilot project to advance the use of hydrogen in large mining equipment, especially haulage trucks. The pilot, set up at the company's Centinela copper mine in Chile's north, is part of the US$1.2 million HYDRA project, developed by the Australian government, Brisbane-based mining research center Mining3, Mi...Read More

This week's episode features Mining Intelligence managing director Katja Freitag in conversation with Northern Miner Group publisher Anthony Vaccaro at the Global Mining Symposium. Katja explains the different ways that Mining Intelligence data can help companies and organizations "understand what's happening" in the mining industry. Katja has a diverse, multifaceted understanding of mining, which...Read More

Barrick Gold (TSX: ABX; NYSE: GOLD) CEO Mark Bristow is set to meet with Papua New Guinea Prime Minister James Marape this week, with the aim of speeding up the restart of the country's Porgera gold mine. Bristow, who is joined by other senior Barrick executives, arrived in PNG on Tuesday and will stay until Friday as part of a regular visit, the Porgera Joint Venture said.Porgera has b...Read More

(IDEX Online) - Miners in Zimbabwe have finally bowed to pressure from villagers and dismantled a camp built at a local school three years ago.Murowa Diamond Company, owned by RioZim, angered residents in the Sese area of Chivi District when it began exploratory drillings in search of commercially viable kimberlite pipes.It is now decamping from Danhamombe High School and will now set up a base el...Read More

What have the climate alarmists been screaming about for the past 40 years or so? Their agenda is well-known. They want to close nuclear plants; shut down coal electric generators; eliminate natural gas and oil-fired electrical plants; and substitute wind, solar and hydropower in their place.According to the fanatics, this substitution of renewable energy sources for so-called "fossil fuels" and u...Read More

3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesThose rumours have been stoked by a story published in Canada's Globe & Mail tha...Read More

3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resources"Hydrogen presents a significant opportunity for economic development in South Afric...Read More

Seaborne thermal coal prices in Asia climbed to fresh record highs last week, with early signs of rising exports not enough to eclipse concerns over coal shortages in top importers China and India.Read full newsRead More

Oil prices jumped on Monday to the highest levels in years, fuelled by rebounding global demand that has contributed to power and gas shortages in key economies like China.Read full newsRead More

LME Week starts today with the LME Metals Seminar, dubbed one of the biggest events in the global metals calendar.US markets closed lower on Friday after disappointing jobs data, while the FTSE 100 closed higher.The S&P/TSX Composite Index was flat ahead of a long weekend with Toronto markets closed today for Thanksgiving.Gold was trading at US$1,755 an ounce on the spot market.The lithium car...Read More