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

(IDEX Online) - Trans Atlantic Gem Sales (TAGS) reported softer demand for rough after its latest sale in Dubai ended last week.It sold around 85 per cent of the 20,000 carats offered, after withdrawing a number of parcels that didn't reach their reserves.In all it sold 17,157 carats for a total of $36.3m. By comparison in July it sold all 43,343 carats on offer and raised $62.6m, its highest...Read More

(IDEX Online) - Alrosa is to help revive the only commercial diamond mine in the Democratic Republic of Congo (DRC).  The move follows the death of 12 people in DRC from a toxic leak at a diamond mine in which Alrosa holds a 41 per cent stake.DRC has said it will seek compensation in line with the "polluter pays" principle after tailings from the Catoca mine, in neighboring Angola, poiso...Read More

(IDEX Online) - Israel's net polished diamond exports were up 71 per cent year-on-year in the first half of 2021, to $2.37bn as its post-lockdown bounce back continued.Imports increased 136 per cent to $1.88bn in the same period, according to figures released on Sunday by the Ministry of Economy and Industry.There were even bigger increases in rough imports and exports. Net imports of rough w...Read More

Amongst low labour force participation, the drop-off from entry-level to executive positions for females in mining is among the most dramatic across all industries, a new study by McKinsey & Company has found. https://www.mckinsey.com/industries/metals-and-mining/our-insights/why-women-are-leaving-the-mining-industry-and-what-mining-companies-can-do-about-itWomen represent an estimated 8 to 17% of...Read More

A preliminary economic assessment of Sonoro Gold's (TSXV: SGO; US-OTC: SMOFF) Cerro Caliche project in Mexico's Sonora state envisions an open-pit heap leach operation capable of producing an average of 45,700 gold-equivalent oz. a year over a seven-year mine life for total life-of-mine production of 323,500 gold-equivalent ounces.In the first three years the mine would produce 56,500 oz. gold-equ...Read More

NorZinc (TSX: NZC; US-OTC: NORZF) has launched a preliminary economic assessment for a 2,400 tonne-per-day production plan for the 100%-owned Prairie Creek silver-zinc-lead project.The underground mine and mill, 200 km west of Fort Simpson in the Northwest Territories, is fully permitted for 1,000 tonnes per day. A 2017 feasibility study suggested a mining rate of 1,600 tonnes per day. NorZinc in...Read More

Talon Metals (TSX: TLO) reported assay results from three drill holes at its Tamarack nickel-copper-cobalt project in Minnesota. Highlights from drilling in the CGO (coarse grained orthocumulate) West area of the project included drill hole 21TK0330, which intersected 4.44 metres of mixed and massive nickel-copper mineralization grading 7.97% nickel and 11.25% copper (14.08% nickel-equivalent o...Read More

South African bank FirstRand is the latest financial institution to announce the end of loans for new coal-fired power stations and coal mines, simultaneously lowering the cap on its coal exposure. The bank's updated energy and fossil fuel policy sets 2026 as the year it will cease to fund new coal-related projects, making FirstRand one of only two big South African lenders to close th...Read More

Chile's copper commission Cochilco has revised down its average copper price forecast for the year to US$4.20 per lb. from a previous estimate of US$4.30 per lb. on the back of slowing Chinese demand and expectations of an easing of stimulus measures in the United States. Prices are expected to average US$3.95 per lb. next year as the market swings into surplus, according to Cochilco's latest c...Read More

What - precisely - is amiss with gold?Has the Midas metal... lost its Midas touch?For 18 months the monetary and fiscal authorities have rampaged, banging along with all brakes off.They have carried on at a gait truly astounding.Meantime, inflation finally appears to be rubbing the sand from its eyes and stretching its legs.And yet gold has wallowed, lolled and languished, despite all the money-sp...Read More

Work hard, and you'll be successful...If you don't have something you want, you just don't want it bad enough...Success is no accident...These are the mantras of every mainstream wealth guru, every self-help book on money, and every social media post meant to inspire financial confidence.And, of course, there is no denying the correlation between hard work and financial success.But we all know to...Read More

Japan Gold Corp. is pleased to report high-grade gold-silver inteRead full newsRead More

The company has 2.67 billion shares on issue. The pricing of 0.6c per share in the placement compares to the last trading price of 0.7c.Read More

Williamson has been under care and maintenance since April last year after diamond prices plummeted following the outbreak of COVID-19.Read More

Share this article VANCOUVER - Japan Gold Corp. [JG-TSXV; JGLDF-OTCQB] reported high-grade gold-silver intercepts from its first drill holes at the Ryuo prospect, within the Ikutahara project on Hokkaido Island, Japan. The Ikutahara project is 100% held by Japan Gold and is not included in the Barrick alliance.The Ryuo prospect hosts five areas of workings along a 1-km open-ended trend of alter...Read More

(IDEX Online) - Tiffany & Co have signed a sponsorship deal with British tennis sensation Emma Raducanu.The 18-year-old newcomer swept to victory in the US Open on Saturday as the first Brit to win a grand slam women's title since 1977.She sparkled on and off court, sporting a Tiffany ring, bangle, cross pendant and pearl and diamond earrings, which would set an average non-tennis champ b...Read More

(IDEX Online) - A rapper in Mexico has had gold chains surgically implanted into his scalp.Dan Sur, 23, boasted to his 1.9m followers online that he was "the first rapper to have gold hair implanted in human history".They were hooked under his skin in April but Sur has only just started posted pictures.  No details of the (painful?) procedure have been disclosed.In February we reported that U...Read More

(IDEX Online) - Sotheby's is rolling out its cryptocurrency program by accepting Bitcoin, Ether or USD Coin payments for all lots at a forthcoming diamond auction in Hong Kong.It follows its sale in July of a 101.38-carat pear-shaped D-color flawless diamond  to an anonymous crypto buyer for $16.4m (pre-sale estimate $10m to $15m).All eight lots at Sotheby's forthcoming auction - Di...Read More

"Due to the unstable situation in Afghanistan, the Mes Aynak copper mine invested by the company has not yet undergone substantial construction," chairman Zheng Gaoqing said on Monday at an online briefing, Reuters reported.Jiangxi has a 25% stake in Mes Aynak with MCC. They have a US$3 billion, 30-year contract to develop the project, which lies about 40km from Kabul and is also home to priceless...Read More

After a year-long delay, MINExpo 2021 - the mining industry's first big in-person event since the start of the Covid-19 pandemic - kicked off yesterday in Las Vegas.The massive three-day expo of the latest in mining equipment and technology usually takes place every four years, and was originally scheduled for September 2020.With Covid travel restrictions still in place, attendance has been marked...Read More