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

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

Osisko Mining (TSX: OSK) has drilled 2 metres grading 67.1 grams gold per tonne and 2.2 metres at 38.67 grams gold per tonne at the Golden Bear discovery, 1,000 metres north of its high-grade Windfall gold deposit in Quebec's Abitibi greenstone belt.The 50,000-metre drill program has confirmed the Golden Bear discovery zone (D1) and intersected two new mineralized zones. Drilling 50 metres southea...Read More

The recent receipt of an Environmental Management Act (EMA) permit allowing explorer Taranis Resources (TSXV: TRO; US-OTC: TNREF) to undertake a bulk sample at its Thor polymetallic project in British Columbia is a bitter-sweet victory, president and CEO John Gardiner tells The Northern Miner.The August issued permit follows the July issuance by the Energy, Mines, and Low-Carbon Innovation (EMLI)...Read More

The Canadian Prairies may soon be known as much for their diverse mineral wealth including uranium, nickel, copper and zinc, as for their potash endowment and rolling hectares of grain.APPIA ENERGYDrilling at Appia's Alces Lake high-grade rare earth project in northern Saskatchewan. Credit: Appia Energy Corp.With the market for rare earth oxides used in magnets expected to increase five-fold by 20...Read More

In this week's episode, we check in with CPM Group managing partner Jeffrey Christian, who gives us his latest take on the global economy, interest rates, the U.S. dollar, metal prices and electric vehicle adoption. He also explains how central banks are buying gold, but that private investor demand will ultimately be needed to push prices higher.All this and more with host Adrian Pocobelli.This w...Read More

South Africa's Petra Diamonds (LSE: PDL) is considering selling its Williamson mine in Tanzania, even as it continues to work on bringing the operation back online in the second half of 2021. Delivering its year-end results, Petra said that Williamson had been classified as a discontinued operation, which will mean an accounting loss of US$52.1 million for the company. The mine was mothballed in...Read More

AngloGold Ashanti (NYSE: AU) has signed a definitive agreement to purchase the remaining stake in Corvus Gold (?EURRead More

The economy is now at a perilous point of departure. There was no V-shaped recovery, and one should not be expected. There was a severe contraction in March-April 2020, followed by a recovery in July-September 2020. However, the recovery only made up part of the lost ground, not all of it.We had a partial V or a truncated V. The economy recovered somewhat, but growth is not back to the prior trend...Read More

Flat gold prices can be just as good for us as gold prices that keep creeping up.I feel dumb just typing that, but I'm pretty sure we're seeing that now, and we haven't seen the likes of it in decades.If that doesn't make sense, we'll get to it shortly.We all love a rapid march upwards, buoyed by nothing but good news. That was never a real possibility for gold miners up until the last couple year...Read More

The policy shift deals a serious blow to a project that has been in the works for more than a decade and would have transformed southwest Alaska's landscape.Read full newsRead More

Bona prospect on the Treasure Shear returns 4.43 gpt gold over 8.Read full newsRead More

The policy shift deals a serious blow to a project that has been in the works for more than a decade and would have transformed southwest Alaska's landscape.Read full newsRead 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

"Recall, we've also now seen a run of five consecutive down days for the S&P 500 and Dow, and a run of six down days is something of a rarity," Pepperstone head of research Chris Weston noted this morning.The uranium price continues to climb, sending uranium equities higher.The spot price is US$42.40 per pound, its highest point since 2014.In Toronto, producer Cameco closed 6.79% higher, while...Read More

"These reasons include a likely shift to less tight policies in China, an expected seasonal uptick in demand, an easing of lockdowns in China and elsewhere, and ongoing supply constraints for almost everything in mining," analyst Christopher LaFemina said in a note on Friday."Our China team expects a recovery in Chinese economic activity in 4Q on the back of what could be improving credit conditio...Read More