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

Video Series: Mining Journal speaks with Robert WiltSPONSOREDsaudi ministry of industry and mineral resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningKuzenko acknowledges that with the com...Read More

School starts soon, so I'm hitting the road with the fam in a few days to spend our last precious hours of summer vacation at the beach.In just a couple weeks, the dog days of summer will give way to homework, carpools, and soccer practice. We'll also (hopefully) enjoy a reprieve from the oppressive heat and humidity that's currently blanketing the East Coast.But for now, we're stuck in the summer...Read More

(IDEX Online) -  Mountain Province saw revenue from the Gahcho Kue mine, in Canada, slide by 41 per cent during Q2, down from $76m to $44.6m (all figures are US dollars).The Toronto-based miner, a 49 per cent joint venture partner with De Beers, said the quarterly figures were skewed because it held three sales in Q1, rather the normal two.Average price carat dipped slightly from $130 in Q2 2...Read More

(IDEX Online) - A jewelry store owner admitted failing to declare cash transactions over $10,000, after selling items to an undercover federal agent posing as a heroin dealer.Junaid "Jay" Sahibzada, 37, faces up to five years in federal prison without parole, said the U.S. Attorney's Office, Western District of Missouri. Sentencing will take place later.Sahibzada, of Lenexa, Kansas, co-owns G...Read More

Last week, the Biden administration asked Congress for a $40 billion supplemental spending package to fund disaster relief, border security, and more aid to Ukraine.Disaster relief and border security are unlikely to spur much resistance, but a small cadre of Republicans will almost certainly balk at the $13 billion in military aid earmarked for Ukraine.I think that's pretty crazy especially whe...Read More

Video Series: Mining Journal speaks with Robert WiltSPONSOREDsaudi ministry of industry and mineral resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningProduction fell in the first half the...Read More

(IDEX Online) - Pandora has appointed Ashley Park, star of the Netflix show Emily in Paris, as its latest global brand ambassador."I remember the first Pandora bracelet I received and cherished from one of my early birthdays," said US actress Park, 32.She appears in the newly-released film Joy Ride has been on the Broadway stage in productions of Mamma Mia, Mean Girls and The King and I.Park follo...Read More

(IDEX Online) - Eira Thomas is to step down as president and CEO of Lucara, the Vancouver-based diamond mining company she co-founded in 2007.She will be replaced by William Lamb, who served as CEO from 2011 to 2018, until Thomas's appointment.Lucara said she'd been integral to the success and development of its Karowe mine, in Botswana, which last week announced the recovery of its four...Read More

Video Series: Mining Journal speaks with Robert WiltSPONSOREDsaudi ministry of industry and mineral resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningThe offer values the Andover lithium d...Read More

The Canada-based miner said it is on track to produce 130,000t of green lithium by December and will reach the designed nameplate capacity of 270,000t by the end of the September quarter.Read More

From a geopolitical perspective, the U.S. today has never been weaker than since the post-Vietnam era.Remember the images of U.S. helicopters taking off from its South Vietnamese embassy in 1975, loaded with refugees trying to escape the country?It was a national humiliation.So was the disastrous U.S. withdrawal from Afghanistan in 2022. Desperate Afghans, eager to escape Taliban rule, clung to Am...Read More

The company said that the Apollo porphyry outcrops and plunges as it moves north, and it discovered that as it plunges, a sheeted vein system has come up through the porphyry and continues to surface.Read More

Video Series: Mining Journal speaks with Robert WiltSPONSOREDsaudi ministry of industry and mineral resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningThe resignations of chief executive Ju...Read More

Production fell in the first half the year, as the company dealt with the results of a freak lightning strike at its Moma mine in Mozambique.Read More

Video Series: Mining Journal speaks with Robert WiltSPONSOREDsaudi ministry of industry and mineral resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningThe privately held industrial group&nb...Read More

Video Series: Mining Journal speaks with Robert WiltSPONSOREDsaudi ministry of industry and mineral resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningWe know forecasting can be a mug's gam...Read More

Video Series: Mining Journal speaks with Robert WiltSPONSOREDsaudi ministry of industry and mineral resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningUS Steel has received multiple unsolic...Read More

Construction of the processing plant and associated surface infrastructure is expected to be completed and pre-commissioned by the year's end.Read More

Ma'aden reported a second-quarter net profit of 350.9 million riyals (US$93.53 million) 91.3% from the same period a year earlier. Profits were down 16.Read More

Hochschild initiated a re-evaluation of the Volcan project's viability and economic potential in the current gold price environment in early 2022.Read More