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

Edgemont Gold Corp. is pleased to announce that field crews and dRead full newsRead More

Andrew Forrest has long signaled he's interested in battery metals and has expressed ambitions to get into the business for years.Read full newsRead More

Israeli ocean carrier ZIM blew away all the analyst forecasts Wednesday, posting blockbuster earnings for its second quarter and revealing a massive increase in its full-year guidance. ZIM (NYSE: ZIM) has moved fast to squeeze the most short-term gain out of what CEO Eli Glickman described asRead full newsRead More

KEFI said it had assembled a funding package of US$356 million, which should cover infrastructure, start-up of the open pit and initial work on the underground development. The company previously Read More

The latest 22 holes at VC-07 East hit multiple broad intersections of massive, semi-massive, matrix and heavily disseminated nickel-copper sulphides. The widest hit was 46.Read More

Tiffany & Co. said that singers Beyonc?? (C) and JAY-Z will star in its latest campaign celebrating modern love.   Tiffany's debut of "ABOUT LOVE" marks the latest evolution of the luxury jeweler's new creative direction. The campaign is the result of a close collaboration and a shared vision between both the singers and Tiffany & Co.   "Beyonc?? (C) and JAY-Z are the...Read More

Gem Diamonds Limited is selling Gem Diamonds Botswana Proprietary Limited (GDB) to Okwa Diamonds (Pty) Ltd. GDB's main asset is the Ghaghoo diamond mine in Botswana.   The mine has been on care and maintenance since March 2017, and is wholly owned by GDB. As of 31 December 2020, the gross assets of GDB were US$3.5 million and the loss attributable to GDB for the 12-month period ended 31...Read More

Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDThe latest 22 holes at VC-07 East hit multiple broad intersections of massive, semi-massive, matrix and heavily disseminated nickel-copper sulphides. T...Read More

Analysts noted the "macro meltdown" with commodity prices sharply declining recently and sentiment deteriorating on the back of weak macro data, along with the prospect of the US Fed tapering soon.However in an August 21 note, Christopher LaFemina said in terms of the weaker than expected macro data, Jefferies analysts believed the issues were transitory.He also said the evidence of copper supply...Read More

The recently released June-quarter financial results from Triple Flag Precious Metals (TSX: TFPM) aptly encapsulates the vision founder and CEO Shaun Usmar has been working up to since starting the royalty and metals streaming business in 2016.Fresh from undertaking Canada's biggest mining initial public offering (IPO) in nine years, raising $250 million in May, the company has emerged as a more a...Read More

Africa-focused Gem Diamonds (LSE: GEMD) is selling its Botswana subsidiary to Okwa Diamonds, owned by Vast Resources (LSE: VAST) and Botswana Diamonds (LSE: BOD), for only US$4 million. Okwa Diamond's main target is the mothballed Ghaghoo in central Botswana, which Gem acquired from De Beers in 2007. The company had hoped the buy would help it diversify its portfolio away from Lesotho, where...Read More

Malaysia has provided rare earths producer Lynas Corp (ASX: LYC) with some breathing room for finding a permanent location for a low-level radioactive waste disposal facility for its processing operations on the country's east coast. The Australian miner, which fought hard to stay in Malaysia under certain conditions that needed to be fulfilled by September this year, said the licensi...Read More

The Dow Jones Industrial Average fell 395.3 points or 1.11% to 35,120.08 and the S&P 500 lost 26.33 points or 0.59% to finish the trading week at 4,441.67. Spot gold climbed US$1.00 per oz. to US$1,780.70 per ounce.Franco-Nevada dropped US$13.54 per share to US$141.34 share on no corporate news. The gold-focused royalty and streaming company reported second-quarter results on August 11. The comp...Read More

The S&P/TSX Venture Composite Index fell 58.55 points or 6.34% to finish the August 16-20 trading week at 864.51. Spot gold fell US$1.00 per oz. to US$1,780.70 per ounce.Shares of Neo Battery Materials rose 17 ? to 78 ?. The junior announced it had successfully produced the first prototype of silicon (Si) anode active materials and sent samples to partners for cell evaluation and electrochemical c...Read More

The S&P/TSX Composite Index fell 179.1 points or 0.87% to finish the August 16-20 trading week at 20,339.00. The S&P/TSX Global Mining Index dropped 7.48% to 100.51 and the S&P/TSX Global Base Metals Index plunged 10.06% to 158.84. The S&P/TSX Global Gold Index lost 3.01% to 281.16 and spot gold dipped US$1.00 per oz. to US$1,780.70 per ounce.Shares of Argonaut Gold rose 16 ? to $2.99 per share on...Read More

Blue Sky Uranium (TSXV: BSK; US-OTC: BKUCF) is exploring for uranium and vanadium deposits in the Patagonia region of southern Argentina, where it holds 400,000 hectares of prospective tenements.The Canadian junior's flagship project is its 100%-owned Amarillo Grande project in Rio Negro province, about 25 km north of Valcheta City.Nikolaos Cacos, the junior explorer's president and CEO, describe...Read More

First Quantum Minerals' (TSX: FM) subsidiary Minera Panam?? issued a communiqu?(C) over the weekend stating that it has not yet met with Panamanian authorities to discuss the renewal of the concession of its Cobre Panam?? mine.In the statement, the company said management is prepared to start the process as soon as local authorities are ready to engage. It also emphasized that its operations are u...Read More

The first fossil-free steel in the world has been delivered by Swedish steelmaker SSAB Oxel??sund to its first customer, Volvo Group.The product was manufactured in northern Sweden, using the Hybrit technology, which was developed by SSAB in partnership with iron-ore miner LKAB and utility Vattenfall. The technology uses 100% fossil-free hydrogen instead of coal and coke.Volvo has said that this...Read More

As the mining industry continues to dig up minerals needed to decarbonize the global grid, and pandemic restrictions ease, the need for ready access to mining and processing equipment is rising fast.Equipment is the lifeblood of any mining operation, and delayed deployment of the machines needed to ramp up operations can slow production and increase capital costs significantly; capital cost of equ...Read More

Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDA plan to acquire a stake in the Canadian nickel industry has already run into a potential roadblock in the form of Australian iron ore billionaire, An...Read More