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 Environmental Protection Agency will restore protections for Alaska's Bristol Bay, per a court filing Thursday, a move that will block the construction of a controversial gold and copper mine in the region, the Washington Post reports.Why it matters: The policy shift, which comes in response to a lawsuit filed by natives of the area, will halt the near decade-long project that would have...Read More

The personal-finance guru expects federal stimulus to weaken the US dollar, and interest-rate hikes to hammer asset prices.Read full newsRead More

Rover Metals Corp. is pleased to announce that the drilling compoRead full newsRead More

Mining Journal's Chris Cann speaks with American Pacific Mining chief executive Warwick Smith about the deal that saw the world's second-largest miner commit to a potential 11-year, US$30 million programme at the Madison copper project in Montana, along strike from the world-scale Butte mining district. They also talk through the acquisition of the Red Hill copper project in Nevada and its positio...Read More

Having released some promising drilling results from the target in May, SolGold reported its best intersections yet on Friday, with hole 13 yielding 1,010m at 0.Read More

Callinex Mines (TSXV: CNX; US-OTC: CCLXF) has reported new results from its drill campaign at the company's Rainbow deposit in northern Manitoba, including wide intersections of high-grade copper.The company announced that drill hole PBM-138 intersected an interval of 37 metres grading 6% copper, 0.35 gram gold per tonne and 6.13 grams silver per tonne, starting from 660 metres downhole. It also i...Read More

Canada's Lundin Mining (TSX: LUN) has announced that Marie Inkster, the company's chief executive officer in the last three years, is stepping down by the end of the year because of "personal reasons." The Toronto-based miner, one of Canada's biggest base metals companies, said she will be succeeded by Peter Rockandel, Lundin's current senior VP, corporate development and investor relati...Read More

I usually celebrate September 13 as the day on which the world's greatest author of children's stories was born, but this year it also marks the (near) return to normality for mining trade shows.Roald Dahl was born to Norwegian parents in Cardiff, the capital of Wales, in 1916, and died 74 years later having penned some of Britain's greatest tales for children. These included James and the Giant P...Read More

For months, President Biden, White House advisors, and the Federal Reserve have been insisting that inflation isn't a thing - that price increases have been confined to select sectors, that they can all be traced back to supply-chain disruptions, and that they're only just temporary.So don't worry about it.I'm sure you've heard all of these talking points because they've been super vocal about the...Read More

I hope you do not mind a bit of anger in this letter. Right now, I'm really feeling it. I'm beyond fed up.This week the entire English-speaking world was rocked with an amazing claim. The issue was the overcrowding of hospitals by people who had overdosed on ivermectin, the therapeutic sometimes mentioned in the context of COVID. Rolling Stone reported - the story is still there albeit with a shy...Read More

Tyrannical. Dictatorial. Medical fascism. Unconscionably unconstitutional…These are some of the devil terms we have heard ascribed to Mr. Biden's vaccine mandate, yesterday announced.We have heard other colorful descriptions… unsuitable for publication in our pristine, snow-driven pages.The president wagged his finger at the millions of unvaccinated Americans yesterday - and read them...Read More

Harmony Gold Mining Company Limited (NYSE:HMY) has a beta value of 0.97 and has seen 3.15 million shares traded in the recent trading session. The company, currently valued at $1.98B, closed the recent trade at $3.24 per share which meant it lost -$0.03 on the day or -0.92% during that session. TheRead full newsRead More

ALX Resources Corp. pleased to announce that it has entered intoRead full newsRead More

A US central bank survey had signalled a moderation in economic growth due to the Delta strain, Bloomberg reported, and there were renewed concerns about Beijing's regulatory crackdown.The uranium price is at a fresh six-year high, at US$40.25 per pound, as the new Sprott Physical Uranium Trust continues to purchase yellowcake.The trust now holds 24.27 million pounds of U3O8, up from almost 21Mlb...Read More

(IDEX Online) - Alrosa bought more diamonds this week from Gokhran, the Russian state repository of precious gems and metals, as it sought to replenish its dwindling inventory.It said it purchased 80 per cent of the rough stones offered at auction on Tuesday but did not disclose the price it paid. It was previously reported that Gokhran would be offering 768,600 carats, worth about $19m, at its Se...Read More

(IDEX Online) - An historic pair of diamond bracelets that originally belonged to Queen Marie-Antoinette of France could fetch up to $4m at auction.The bracelets (pictured), comprising 112 diamonds will headline Christie Geneva's Magnificent Jewels Auction on 9 November.The Queen, famous for her love of jewelry bought the bracelets in 1776 for for 250,000 livres, a huge sum at the time. ...Read More

(IDEX Online) - De Beers reported provisional rough sales of $515m at its seventh sight of 2021, virtually unchanged from $514m at sixth sight. It said demand in the US and China remained "robust".Sales for Sight 7 last year, in the midst of Covid lockdowns, were $334m. In 2019 the figure was $287m.De Beers said it was still offering extra flexibility to sight holders, and extended the sale in Gab...Read More

International Diamond Exchange Online (IDEX) and One Creation Corporation are announcing a strategic partnership jointly developing the online market data portal directly to the participants in the diamond industry.  The diamond trading platform IDEX Online is making its unique database of diamond prices available for the first time. It will be made accessible via a portal to banks, financia...Read More

Endeavour Silver's (TSX: EDR; NYSE: EXK) 100%-owned Terronera project in Mexico's Jalisco state would produce 3.3 million oz. payable silver and 32,874 oz. gold annually over a 12-year underground mine life, according to a feasibility study.The study, which follows a prefeasibility study completed at the end of July 2020, modeled an underground mine processing 7.4 million tonnes of mineralized mat...Read More

Condor Gold (TSX: COG; LSE: CNR) has outlined two mining scenarios in an updated technical study for its flagship La India gold project in Nicaragua, both of which anticipate robust economics. The preliminary economic assessment prepared by SRK Consulting considers two possible routes to develop the asset.One is to go with a mixed open pit and underground operation, which would produce a to...Read More