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

Your editor - we regret to inform you - is a cretin.This we have on the authority of reader Matt P.Matt's note lists credentials indicating he is a man of high finance. He is evidently a grandee at a New York financial concern.From whom:Brian Maher is a cretin. I just visited the website and saw his "The Most Dangerous Man" piece. Invoking bad statistics and the typical slew of denialist blather,...Read More

It's that time of the year again when I have to give up.The leaves are dying and falling so fast now that there's no way I can keep up with cleaning them from the yard.But that's expected. It's late September. Soon I'm going to have all of the leaves in the yard.This is, of course, due to the seasonal cycle.And notwithstanding climate change, we can predict things like these leaves falling with gr...Read More

China faces mounting pressure to ramp up coal imports and ensure supplies to keep lights on, factories open and water flowing as a severe power crunch roils the northeastern industrial heartland.Read full newsRead More

A stopgap funding measure is needed to avert a US government shutdown on October 1."If the DEMs can cleanly separate the government shutdown from the debt ceiling on Thursday then they may get bipartisan support to keep the government open through to the end of the year - there is REP appetite for this," Pepperstone head of research Chris Weston said.Gold is around US$1,750 an ounce on the spot ma...Read More

Future remains golden for Rox ResourcesSPONSOREDrox resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesDeveloping Canada's Premier Copper-Gold MineSPONSOREDFirefly shines as new era loomsSPONSOREDfirefly resourcesThe Australia-based company said yesterday the blockade in the Chumbivilcas province was along Peru's most significant copper logistics corridor."The protests relate to...Read More

A fundraising of £5.Read More

Share this article MONTREAL - Harfang Exploration Inc. [HAR-TSXV; HRFEF-OTC] reported high-grade gold results from bedrock samples from its summer exploration program on its wholly-owned Serpent property located in Eeyou Istchee - James Bay, Quebec. A 3,500-metre drill program is underway to test significant gold trends on the property.Highlights include grab samples up to 345 g/t gold from Tre...Read More

(IDEX Online) - Four government officials have been arrested in South Africa, following the disappearance of rough gems bought for a diamond cutting course.The suspects, all employees at the Department of Economic Development and Tourism, were detained last Wednesday by the Hawks, the force that specializes in corruption and economic crime. They all face fraud charges.Back in 2010 the European Uni...Read More

Output will increase from 18,000 tonnes per year to over 27,000tpy, with the first five years averaging about 35,000tpy.Read More

Companies are facing increasingly complex reporting procedures for environmental, social and governance and preparing and publishing reports on ESG in an industry-compliant manner can be difficult, especially for juniors with limited resources, according to a panel discussion at the Northern Miner's recent Global Mining Symposium on September 23.Meghan Harris-Ngae, a partner at EY, kicked off the...Read More

Canadian gold miners Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) announced today that they are combining their businesses in a stock deal valued at $13.5 billion (US$10.7 billion). As part of the transaction, Kirkland Lake Gold shareholders will receive 0.7935 of an Agnico Eagle common share for each stock they hold. The deal values each Kirkland...Read More

Peru's economy and finance minister has cast further doubt about Southern Copper's (NYSE: SCCO) long-delayed US$1.4 billion Tia Maria project by saying he believed the proposed mine in the southern Islay province was "socially and politically" unfeasible. "T?-a Mar?-a has already gone through three or four waves of community and governmental attempts of repression and death. I don't think it...Read More

An updated feasibility study for Ero Copper's (TSX: ERO; NYSE: ERO) Boa Esperanca project in Brazil has doubled life-of-mine copper production and increased the mine life to 12 years from nine. The previous study on the IOCG-type copper project was completed in 2017.The updated feasibility is based on a 93% increase in contained copper in reserves at the project since the initial study. Total life...Read More

Yesterday, Vale SA (NYSE: VALE) informed the public that 39 miners were trapped in the underground Totten nickel mine at Sudbury, Ontario, after an incident that occurred on Sunday. There were no injuries, and all employees reported to the refuge stations where they had food, water and communication with the surface.On Sunday, Sept. 26, a load-haul-dumper bucket slung under the cage became hung up...Read More

It is a difficult time to be an iron ore analyst, especially if you're also a European golfer.The 43rd biennial clash between golfing teams from the United States and Europe has just ended, with the Americans handing a thrashing to the team from my side of the pond. I report this without any personal aptitude for the game, having never got past the point where throwing the ball was preferable. In...Read More

This week's episode features Rohan Reddy, research analyst at Global X, a New York-based provider of global exchange-traded funds, including the Global X uranium ETF. In this wide-ranging interview, Reddy explains how uranium has largely risen in price as a result of investor demand, in particular Wall Street Bets. Nevertheless, Rohan expects an ongoing deficit in supply to keep pushing the marke...Read More

(IDEX Online) - Mountain Province sold $74.1m of diamonds in Q3 of 2021 as prices remained strong.The Canadian miner, which jointly operates Gahcho Kue (pictured), in Northwest Territories, with De Beers, reported sales of 1,028,327 carats, at an average price (USD) per carat of $91.Mountain Province bounced back from a loss of $18.3m last Q2 to a net income of $21.4m in the corresponding period f...Read More

It was another bad day for the stock market today. The major indexes were down big on fears of rising Treasury yields (I don't believe they'll continue to rise, but that's a story for a different day).Are you thinking of parking your money in cryptocurrencies like Bitcoin as an alternative to stocks?I'm not here to tell anyone what to do with their money, but you might want to think twice…Ch...Read More

Dear Outsiders,You may recall a certain Seinfeld episode about chips...Now, I think Jerry Seinfeld is kind of a hack, but in keeping with my current focus on death and comedians, I'll share this gem with you. While attending a wake, George Costanza dips a tortilla chip, takes half a bite and then does the unthinkable: dips the same chip into the dip. At that point another mourner named Timmy gives...Read More

Tom Hoskyns from Mining Journal speaks to Greg Johnson, CEO and Chairman of Metallic Minerals about their portfolio of three projects (including Copper project La Palta) and the news flow investors should expect to see in the coming months.Metallic Minerals Corp. (TSX-V: MMG / OTCQB: MMNGF) is a growth stage exploration company focused on the acquisition and development of high-grade silver and go...Read More