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

VANCOUVER, British Columbia, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation ("Eldorado" or "the Company") is pleased to announce that it has entered into a definitive agreement (the "Agreement") with G Mining Ventures Corp. ("GMIN") to divest its Tocantinzinho Project ("TZ") located in Brazil (the "Transaction"). Under the terms of the Agreement, Eldorado will receive: Minimum upfront...Read More

Laurion Mineral Exploration Inc. is pleased to announce that LAURRead full newsRead More

VANCOUVER, British Columbia, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the "Company") is pleased to announce that it has closed the previously announced Precious Metals Purchase Agreement (the "NX Gold Stream") with RGLD Gold AG ("RG AG"), a wholly owned subsidiary of Royal Gold, Inc. The Company has received total upfront cash consideration of US$100 milli...Read More

Todd Hennis, owner of the Gold King Mine, is suing the United States of America for its use of his property in response to the Gold King Mine spill in 2015.The lawsuit claims the EPA contaminated and...Read full newsRead More

Taking advantage of the low interest rate environment, the gold producer intends to use the proceeds to redeem the $234 million outstanding on its 9.Read More

Thungela listed on the two exchanges on June 7 and has delivered adjusted EBITDA of ZAR1.9 billion and net cash of ZAR3 billion as coal prices rose over the first half of the year.Read More

Share this articleTORONTO - Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has become a patron of the Charge on Innovation Challenge, an industry-wide effort to cut emissions from surface mining.The Challenge takes the form of a global competition and seeks to leverage the experience and ideas of a variety of industries to develop new concepts and solutions for large-scale haul truck electrificatio...Read More

A drill intercept of 60m grading 1% copper from 139m depth reported today included an interval of 23m at 1.7% copper.Read More

Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM) announced strong results for the second quarter of the year, saying it remains on track to achieve 2021 guidance of 720,000 to 780,000 gold equivalent ounces.The precious metals streaming company said that record sales volumes in the first half of 2021 generated revenue of US$655 million, including US$330 million in the second quarter, an inc...Read More

Pretium Resources (TSX: PVG; NYSE: PVG) said it is on track to achieve its yearly guidance, despite the near five-week Covid-19 outbreak that occurred at its Brucejack mine in British Columbia in February.The company produced 83,083 ounces of gold in the second quarter of 2021, compared with 90,419 ounces in the second quarter of 2020.Pretium remains on track to produce 325,000 ounces to 365,000...Read More

Re|Source, a solution to trace responsibly produced cobalt from mine to electric vehicle (EV), is moving forward with a pilot project in the Democratic Republic of the Congo (DRC) jointly developed with EV giant Tesla (NASDAQ: TSLA). The program is being tested in real operating conditions at multiple on-site pilots, including the DRC and Europe, Re|Source said, with further pilots in Asia...Read More

Imagine getting shot.You go to the hospital, bleeding out, and the surgeon says this:"Welp. The rate at which you're bleeding appears to be slowing, which confirms my suspicion that this wound is likely transitory."That's basically what's been going on with inflation for the past year and half.Americans are hemorrhaging value. Their spending power is being rapidly diluted.And the Fed and the chatt...Read More

Kyrgyzstan set to complete seizure of Canada-run gold mineRead full newsRead More

LUXXFOLIO Holdings (CSE:LUXX) has announced a significant expansion of the crypto mining facility managed by LUXX Mining Division subsidiary Westblock.Read full newsRead More

Empress Royalty Corp. is pleased to announce receipt of the firstRead full newsRead More

MARV: TSX-V O4T1 : GR MARVF: OTCQB Marvel Discovery Corp. , ; Read full newsRead More

DURING The Manila Times' second forum on renewable energy about two weeks ago, Mr. Devin Narang of Sindicatum Renewable Energy India made a point that stuck like a sand burr: when it comes to renewable energy, one of the biggest shortcomings of the Philippines, he said, that very few here recognize the enormous resources and opportunities the country has. This place is a gold mine in both quan...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

Meanwhile China has signalled its push to regulate sweeping parts of the economy, which has jolted markets, will be deep and sustained over the next five years, Bloomberg reported.The gold price has climbed to US$1,751 an ounce on the spot market."The gold bulls were hurt in Monday's liquidation dump, but have picked themselves up, dusted themselves off and recognising the forced nature of the flo...Read More

Share this article TORONTO - HudBay Minerals Inc. [HBM-TSX, NYSE] on Thursday said gold production has commenced at the New Britannia mill in Snow Lake, Manitoba. Refurbishment activities at the gold mill were completed in June, 2021, followed by commissioning and startup in July, 2021.The mill achieved first gold production on August 11, 2021, in line with timelines assumed in recent company g...Read More