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 miner said the district of Logan Lake had issued an evacuation order and all workers were being demobilised, except "a small number necessary to responsibly ensure safety and environmental protection".It said there was currently no risk to the operation's infrastructure and it would restart once it was deemed safe to do so."Impact to production at HVC is dependent on the length of the suspensi...Read More

"Love is like war," said Henry Louis Mencken - "easy to begin but very hard to stop."After 20 loving years, the United States has walked out on Afghanistan.The Taliban is already squiring the lovelorn around Kabul. Matrimony... holy or unholy... is imminent.Have you looked at the television?Afghans are so hot for the Taliban's hug they are smuggling themselves into the wheel wells of United States...Read More

The Toronto-quoted equity of Orvana Minerals (TSX: ORV) lost nearly 16% in Monday trading following a rockfall at the legacy open-pit wall at El Valle, in Spain.The incident impacted the east sector of the tailings impoundment, without structural damages or injuries reported.CEO Juan Gavidia said in a media release plant operations should restart in the following days."Underground mining operation...Read More

A unit of Australian billionaire Gina Rinehart's Hancock Prospecting, Benga Mining, has applied to the Federal Court of Canada for a judicial review of the rejection of the proposed US$800 million Grassy Mountain steelmaking coal mine that it plans to build in Alberta's Rocky Mountains.Benga has applied for an order that quashes or sets aside Environment and Climate Change Minister Jonathan Wilkin...Read More

Sierra Metals (TSX: SMT; NYSE: SMTS) has updated the preliminary economic assessment for its Bolivar copper-silver mine to include production of a saleable iron ore concentrate. The underground mine and the mill are located in Chihuahua, Mexico.The mine and mill achieved their first full year of production in 2012. Since then, capacity has been increased to 5,000 tonnes per day, and the updated PE...Read More

Rio2 (TSXV: RIO) is moving to the next stage of testing of a new gold processing technology developed by Canadian nanotechnology company, Sixth Wave Innovations (CSE: SIXW), after initial tests showed that it outperformed activated carbon.Sixth Wave's IXOS Mining Technology uses molecularly imprinted polymers for gold adsorption from cyanide leach solutions rather than carbon. The company first st...Read More

Australian Mines (ASX: AUZ; US-OTC: AMSLF) has announced an offtake agreement with South Korea battery manufacturer LG Energy Solution for mixed nickel-cobalt hydroxide from its 100%-owned Sconi project in North Queensland.The mixed hydroxide precipitate (MPH) contains both nickel and cobalt and is an intermediate product that can be used in lithium-ion battery production.Under the agreement, LG E...Read More

BlueRock Diamonds (LSE: BRD) jumped more than 16% today after the miner announced it had found a 58.6-carat diamond at its Kareevlei mine, in Kimberley, South Africa. The stone is the largest diamond found to date at Kareevlei. "The final value dependent upon the buyer's confidence of what cut stones can be recovered," the company's executive chairman, Mike Houston, stated in a press release...Read More

Southern Silver Exploration (TSXV: SSV; US-OTC: SSVFF) has completed more than 20,000 metres of drilling at its flagship Cerro Las Minitas project in Mexico since its last resource estimate in May 2019, and says it's on track to update the numbers before the end of August, and kick off a preliminary economic assessment in the fourth quarter."We've had some fantastic results since we re-started dri...Read More

Trench Metals (TSXV: TMC) expects its first assay results from the Gorilla Lake uranium project in the Cluff Lake area of Saskatchewan's Athabasca Basin before the end of the fourth quarter.The junior, which has the right to acquire a 100% stake in the project, kicked off its summer drill program in July, which includes geological mapping, surface sampling and short hole drilling utilizing back-pa...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 ManagementSPONSOREDOil and gas, part of the BHP portfolio for more than 50 years, is edging towards the exit just as potash edges in, a fine example of one door closing a...Read More

Dear Outsider,President Biden wiped away the sandwich crumbs from his mouth as he addressed the nation last week and said, "Jobs are up. Monthly price increases are down. Economic growth is up."As he discussed the Infrastructure Investment and Jobs Act that passed the Senate, I did some digging and found some controversial language regarding cryptocurrencies.Essentially, more government oversight...Read More

VANCOUVER, BC / ACCESSWIRE / August 10, 2021 / Maxtech Ventures Inc. ("Maxtech" or the "Company") (CSE:MVT)(FRA:M1N)(OTC PINK:MTEHF) is pleased to announce assay results from its continuing Phase One diamond drilling program on the St Anthony gold mine property located in the Kenora-Patricia Mining District, Ontario. Update on the program: Metallic screen fire assay (Au-SCR21) [...]Read full newsRead More

Kyrgyzstan said Wednesday that it had launched the process of kicking out its largest foreign investor, Canada's Centerra Gold, overRead full newsRead More

(IDEX Online) - The last ever Argyle Pink Diamonds Tender is to take place, following the closure of the iconic mine in Australia last November.A collection of 70 pink, red and blue diamonds, with a combined weight of 81.63 carats, will be offered to invited buyers, with bids closing on 1 October.Headline gem is the 3.47-ct Argyle Eclipse, the largest fancy intense pink diamond ever offered in the...Read More

(IDEX Online) - A pair of diamond pendant earrings sold for an Australian record price of US$590,000.They were the priciest lot in the online and phone auction by Melbourne-based Leonard Joel, selling mid-way between the high and low pre-sale estimates US$550,000 and US$620,000 (all prices IBP).The earrings (pictured) featured an 8.88-ct and an 8.76-ct diamond, both claw set, cushion modified bril...Read More

(IDEX Online) - A New York designer is producing the ultimate in personalized jewelry by cutting rough diamonds into letters.They've overcome technical challenges to produce custom-cut Alphabet Diamonds - each weighing between 0.25-ct and 0.50-ct, with a platinum setting and hung on a 14-karat yellow gold chain.K Kane puts the emphasis on personalized jewelry. Customers can choose anything fr...Read More

BISHKEK (Reuters) -Kyrgyzstan has established enough evidence to press on with removing Canada's Centerra Gold from the Kumtor gold mine, the state security service and prosecutors said on Wednesday.The security service is investigating possible corruption in the deal that gave Centerra control over the country's biggest gold mine and subsequent amendments to the pact.A spokesperson for...Read More

BISHKEK (Reuters) -Kyrgyzstan has established enough evidence to press on with removing Canada's Centerra Gold from the Kumtor gold mine, the state security service and prosecutors said on Wednesday.The security service is investigating possible corruption in the deal that gave Centerra control over the country's biggest gold mine and subsequent amendments to the pact.A spokesperson for...Read More

All amounts are in USD unless stated otherwise GMIN to acquire the construction ready Tocantinzinho Gold Project in northern BrazilEldorado to become a 19.9% cornerstone shareholder of GMINTocantinzinho is a permitted, high-grade gold project with a 10-year reserve life and an estimated annual production of 187,000 ounces for the first 8 yearsLeadership team to leverage four successful mine builds...Read More