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

The mining major said a judge had reinstated "the term and validity of the operating licence" and it resumed operations on Thursday.Brazil's environmental regulator had suspended Onca Puma's licence earlier last week alleging non-compliance.Meanwhile Vale's Salobo copper mine in Brazil remains suspended after a fire affected a conveyor belt last week.The company continues to mull the future of its...Read More

(IDEX Online) - At least 11 illegal miners - most of them digging for gold - have died in the last three months in accidents in Angola's central Huambo region.Many thousands of people across the country rely on unregulated and illegal gold mining for their livelihoods.At least 30 miners were killed in March 2019 when a mine in the south-west Hu?? -la Province collapsed.  The accident was...Read More

(IDEX Online) -  Alrosa today reported rough and polished sales of $298m (preliminary) in September as consumer demand reached a "record high".The Russian miner said the US and China had demonstrated double-digit growth compared with 2019, and sales in Europe were gaining momentum.By comparison, sales for pre-Covid September 2019 were $259m and for September 2020 they were $336m.Alrosa has be...Read More

(IDEX Online) - Leading jewelers and miners are publishing a series of papers to promote greater traceability and sustainability in the colored gemstone supply chain.The documents, collectively called Ancient Craft, Modern Challenges, have been prepared for the Coloured Gemstones Working Group (CGWG), representing LVMH, Chopard, Kering, Richemont, Swarovski and the mining companies Gemfields and M...Read More

"In the short term we're facing demand weakening and prices falling in the copper sector," Shearing said during his economic keynote speech.Read More

This year has been transformative for Baroyeca Gold and Silver (TSX: BGS; US-OTC: BRYGF), the company says. The junior explorer has raised over $3 million in two private placements and acquired options on two previously under-explored projects in Colombia. The options, negotiated by Rick Wilson, the company's CEO, bring with them an existing team in Colombia with decades of in-country experience.I...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 mineralsFirstly, BHP's metallurgical (steel-making) coal mines are spectacularly profitable at current commodity p...Read More

Most of my readers have followed the ongoing debates in Washington, D.C., about the $1 trillion infrastructure bill and the $3.5 trillion welfare bill now pending in Congress. Here's a quick recap of the state of play:The infrastructure bill is only about one-third related to real infrastructure such as tunnels, bridges, roads and airports. The rest involves welfare for union workers and pork-barr...Read More

I remember the day my family got a computer.My dad set it all up, as I was too busy playing bat ball in the cul-de-sac with my neighborhood buddies and I really had no use for one yet.It wasn't connected to the internet at the time, but that didn't matter. I only cared about playing WWII-themed computer games for 10 minutes until they crashed because the video card wasn't strong enough.Once we got...Read More

Share this articleBULYANHULU GOLD MINE - Tanzania (NYSE:GOLD) (TSX:ABX) - Barrick Gold Corporation's Tanzanian mines, North Mara and Bulyanhulu, are both set to meet their 2021 production targets as well as to replace depleted reserves through brownfields exploration, president and chief executive Mark Bristow said today.Speaking at the mine to local media, Bristow said the production ramp-up at B...Read More

(IDEX Online) - Alrosa raised $37.8m from the sale of special-size rough diamonds (+10.8-cts) at three auctions in August and September.The Russian miner said reported strong interest and said demand and prices remained high in what is traditionally a quiet time of the year.A total of 349 lots, weighing over 6,000 carats, were sold at auctions in Antwerp, Dubai and Ramat Gan. Alrosa is required by...Read More

(IDEX Online) - A unique Patek Philippe watch, the only reference 3448/100 ever known to have been set with sapphire indexes, is to be sold by Phillips Hong Kong, with an estimate in excess of $1.28m.The model was introduced by the Geneva-based company in 1962 as the world's first self-winding perpetual calendar wristwatch. An estimated 568 were produced until the model was discontinued...Read More

(IDEX Online) - Newly discovered "cryogenic" diamonds change color from gray to yellow at extremely low temperatures, say experts at the GIA lab.They're the opposite of "chameleon" diamonds, first discovered in 1866, which change color at very high temperatures.Stephanie Persaud, senor analytic technician at the Gemological Institute of America (GIA) in New York, made the discovery by chillin...Read More

Barrick Gold's (TSX: ABX; NYSE: GOLD) Tanzanian mines, North Mara and Bulyanhulu, are said to be on track to achieve their respective 2021 production targets and to replace depleted reserves through brownfields exploration, the company announced on Sunday.The company reports the production ramp-up at Bulyanhulu is gaining momentum with plant performance ahead of expectations and recoveries at a co...Read More

Toronto, Ontario--(Newsfile Corp. - October 8, 2021) - Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) (theRead full newsRead More

Share this article VANCOUVER - Cruz Battery Metals Corp. [CRUZ-CSE, BKTPF-OTC Pink, A3CWU7-Frankfurt] said Friday it has encountered values of up to 1,610 ppm Li from a sampling program at its Solar Lithium project in Nevada.The announcement comes as lithium prices have recently broken out to three-year highs amid robust investor interest in lithium stocks. According to Benchmark Mineral Intelli...Read More

It comes as no surprise copper production declined in 2020 as the world grappled with a global pandemic, particularly in the second and third quarters. As we begin to take steps out of lockdown and vaccination rates increase globally, there has been a slight uptick in production. With another six projects due to move into production within the next two years, production will likely increase furthe...Read More

BHP (NYSE: BHP; LSE: BHP; ASX: BHP) CEO Mike Henry says the company is ready for a strategic shift out of its geographical, advanced-economies comfort zone into "tougher jurisdictions" as part of its plan to increase exposure to commodities such as copper and nickel, which are needed to power the energy transition. Speaking at the Financial Times conference late on Oct. 7, the CEO of the world's...Read More

The United States is narrowing the gap with China when it comes to the race to dominate the battery value chain, according to BloombergNEF's second annual Global Lithium-Ion Battery Supply Chain Ranking.According to the strategic research provider, the U.S. has moved up the ranking to take the second spot in 2021. "As a country, the U.S. has the second-largest EV market globally, after China. Tes...Read More

Lumina Gold (TSXV: LUM) has raised $19 million to advance its Cangrejos gold-copper project in Ecuador, where work is under way on a prefeasibility study.In addition to closing a private placement of 31.6 million common shares priced at $0.60 each, it also issued additional shares worth $5.2 million to Ross Beatty in exchange for retiring that amount of debt. He now has a 19.8% interest in the com...Read More