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 company said the schedule to achieve 75% of full production of 2.7Mtpa had increased by 1.Read More

Share this article VANCOUVER - Critical Elements Lithium Corp. [CRE-TSXV, CRECF-OTCQX, F12-FSE] shares rallied Wednesday after the company said the Canadian Government has rendered a favourable decision in relation to its proposed Rose Lithium-Tantalum Mining Project in James Bay, Quebec.Critical Elements has said it aspires to become a large, responsible supplier of lithium to the electric vehic...Read More

(IDEX Online) - A major underground expansion at the Karowe mine, in Botswana, is forecast to contribute $4bn in extra revenue, says Canadian miner Lucara.The total cost of the project is $534m, fully financed by a $220m senior debt facilities package, $33m of equity financing and projected cash flows from current drill and blast open pit operation.The underground project is expected to prolong th...Read More

(IDEX Online) - Four high-quality diamonds have been recovered from the newly-discovered extension to a kimberlite pipe in the Limpopo Province of South Africa.Botswana Diamonds also reports abundant kimberlitic indicators from drill samples at the Thorny River kimberlite extension, which was discovered in November 2020.It says indications so far are very encouraging, and it will embark on another...Read More

(IDEX Online) - The US is set for a weddings boom in 2022, as couples re-schedule after lockdown.The number of ceremonies is forecast at 2.47m, according to the market research company Wedding Report.That's almost double the historic low of 2019, when there were just 1.27m weddings, and up significantly on 2021, with a predicted 1.93m.It will provide jewelers with an extra boost, in addition...Read More

Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesZinc-lead discovery helps Zenith double market capSPONSOREDzenith mineralsMining and the lack of external investmentSPONSOREDswannThe company regretted this decision by workers and reiterated that its offer was very competitive compared to other agr...Read More

Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesZinc-lead discovery helps Zenith double market capSPONSOREDzenith mineralsMining and the lack of external investmentSPONSOREDswannAtalaya reported EBITDA of €51.9 million in Q2, up from €12.8 million a year ago and 5% above estimates by an...Read More

Australian Vital Metals (ASX: VML) and Quebec Precious Metals (QPM) (TSXV: OPM; OTC: CJCFF) have signed a binding term sheet for Vital to acquire QPM's 68% interest in the Kipawa exploration project and 100% interest in the Zeus exploration properties for US$8 million.Vital owns the Nechalacho rare earths mine in the Northwest Territories. Yesterday, the company voluntarily ceased trading on rumou...Read More

Pilbara Minerals (ASX: PLS) has reported the results of its first lithium spodumene concentrate auction held via its Battery Material Exchange, demonstrating strong demand for spot spodumene concentrates.The product shipping via Port Headland, Western Australia, fetched up to US$1,250 per tonne FOB for first concentrates on leaving port.Platts reports the auction 'spot' price for the first 10,000-...Read More

Gran Colombia Gold (TSX: GCM; OTCQX: TPRFF) has completed its previously announced offering of US$300 million in 6.875% senior unsecured notes that are due in 2026.South America-focussed Gran Colombia is the largest underground gold and silver producer in Colombia with several mines in operation at its high-grade Segovia Operations. In Guyana, the company is advancing its recently acquired Torop...Read More

Canada's Lucara Diamond (TSX: LUC) has adjusted the cost and timeline of the underground expansion of its Karowe mine in Botswana, one of the world's most prolific sources of large, high value type IIA diamonds.The company now expects to achieve 75% of slated full production by late 2029, which is 1.3 years later than planned. Lucara said the delay was due mainly to Covid-19 related d...Read More

The gold market - at least the paper gold market - has seen a lot of volatility recently. Gold lost about $80 between August 5 and August 8 before rebounding. Gold gained over $22 today, by the way, to close at $1,753.Many gold investors are panicked after the recent mini-crash. But today, I want to show you why the case for gold is still intact and why the recent tumble is just a bump in the road...Read More

The price of gold experienced a bit of a flash crash on Monday morning due to a combination of factors including liquidity issues and strength of the U.S. dollar.Gold for December delivery fell to as low as $1,675 an ounce. It was the first time the yellow metal has traded below $1,700 since March 2020.Gold Price - 5 DaysThe price of gold has recovered a bit since Monday's event. But the crash has...Read More

Exploring and Building Multi Mine Silver Assets in Idaho and British ColumbiaRead full newsRead More

Bald Eagle Gold Corp. is pleased to announce that the Company hasRead full newsRead More

Kyrgyzstan's nationalization of Centerra Gold's large mining operation is one of the most brazen moves in recent years by a country to assert control over valuable natural resources, mining and legal experts say.Read full newsRead More

The owner of an inactive southwestern Colorado mine that was the source of a disastrous 2015 spill that fouled rivers in three Western states has sued the U.S. government, seeking nearly $3.8 million in compensation for using his land in its cleanup.Read full newsRead More

China's copper imports declined for the fourth month in a row, Marex's Dee Perera said from the LME desk, and she noted sell-side analysts had downgraded full-year growth forecasts for China due to the COVID-19 resurgence.Copper closed down more than 1% on the London Metal Exchange.It was a glum day for base metals with nickel losing more than 3%.Iron ore continued to weaken, with MySteel 62% Aust...Read More

The company has reported the results of the hole, within the company's flagship Vares silver project in Bosnia and Herzegovina, as recording 21.Read More

Share this articleBut simply possessing the mineral and metal deposits isn't enough. Governments need good policies that attract private exploration and investmentThe Manitoba mining industry received some good news recently, but the province still needs to reform its mining policies for the sector to thrive.Despite some progress over the years, the province continues to have a hostile climate for...Read More