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

Africa-focused megaproject developer Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has declared commercial production at the first phase of the Kamoa-Kakula copper mine in the Democratic Republic of Congo, effective from July 1. Ivanhoe said today the 3.8 million-tonne-per-annum concentrator plant was deemed to have reached commercial production after achieving more than 80% of design capacity, with re...Read More

Pure Gold Mining (TSXV: PGM; LSE: PUR) has kicked off commercial production at its namesake mine in Red Lake, Ontario, eight months after pouring first gold.The Toronto-based miner said the milestone, achieved on August 1, followed a successful commissioning period.The Pure Gold mine, milling facilities, and other critical systems are now all operating in line with or rapidly approachi...Read More

Barrick Gold (TSX: ABX; NYSE: GOLD) and its key stakeholders have agreed on independent government-led oversight of the environmental and social impact studies for the Pueblo Viejo gold mine expansion in Dominican Republic.The US$1.3 billion project will extend the mine life until 2040 and beyond by expanding the mill and the tailings management facility. The expansion will also enable the mining...Read More

BHP (NYSE: BHP; LSE: BHP; ASX: BHP) will make a final investment decision on a major expansion of the processing plant at its Mt. Keith nickel mine in Western Australia as it invests further in battery metals to meet expected soaring demand. Nickel is a key component for EVs cathodes and the world's no. 1 miner sees nickel demand growing faster than expected due to a spike in the adoption of...Read More

This week's episode features Rio Tinto's second-quarter conference call with chief executive officer Jakob Stausholm and chief financial officer Peter Cunningham. The executives discuss the company's extraordinarily profitable first half of the year, which included a $9.1 billion dividend, as well as ESG, demand out of China, and the company's Jadar lithium project in Serbia. All this and more wi...Read More

Surging Chinese scrap copper imports that have doubled in the first half of 2021 are displacing to some extent refined cathode, concentrate, anode and blister imports, with analysis by Roskill expecting the situation to worsen and potentially cripple the copper price recovery.Copper - China's scrap rebalancing act threatens to de-rail the price recoveryAccording to Roskill data, China is currently...Read More

(IDEX Online) - Surat's vast but long-delayed diamond bourse is now reported be on target for opening next year.It was originally supposed to open in January 2020, according to the Surat Diamond Bourse (SDB) website. That was put back by September 2021, and now to some time in 2022, according to the BusinessToday.In website.The $355m bourse (pictured) will be the world's largest office b...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 mineralsThe path to decarbonising the mining industrySPONSOREDBeament didn't say a word as he took to the stage, instead opening with a video announcing a name change to ‘Develo...Read More

Health officials continue to lose credibility over COVID-19. They seem to change their minds daily based on whim rather than science. But that's been the case since the pandemic started.Going back to last January, official comments on COVID have been mostly wrong. The comments were either outright lies or were prescriptions based on politics, not medicine.In January 2020, the World Health Organiza...Read More

While the stock market is at all-time highs, gold isn't far behind.Sure, it's pulled back some, but prices are around 90% of their peak last year and trending up.This may seem counterintuitive with both rising at the same time. In some ways it is, but it isn't.It isn't just a doom-and-gloom counter-narrative, though plenty of gold haters always see any rise in gold prices that way.Instead, what we...Read More

Exhibit 1 Location of exploration targets of the Nassau gold project, Suriname. Exhibit 2 Geology, sampling results, and drilling plan of the Carbonara Grid, Nassau Gold Project, Suriname. TORONTO, July 27, 2021 (GLOBE NEWSWIRE) -- 79North Inc. (CSE: JQ; OTCQB: SVNTF; FRA: 6120) ("79North" or the "Company") is pleased to announce that diamond drilling has commenced at the Carbonara gold zone of th...Read More

Revitalizing Mineral Exploration and Development in the Prolific Gaspe Peninsula, QuebecRead full newsRead More

The illegal mining of gold from Colombia's rivers and waterways is on the rise, according to a report from the United Nations Office on Drugs and Crime published on Tuesday.Read full newsRead More

UNESCO names Romanian ancient gold mine settlement a world heritage siteRead full newsRead More

Iron ore dropped 10% on the back of Chinese steel production cuts and a spec market caught long, Marex's Alastair Munro said from the LME desk on Friday.The benchmark MySteel Australian 62% fines lost 2.99% to $195/t."Gold is expected to move up or down $33 from Friday's close, putting a range of 1847 to 1781 in play on the week, and we can have a 68% probability of price holding in that range," P...Read More

(IDEX Online) - LVMH sales of watches and jewelry more than trebled in the first half of 2021, the company said - up to $4.75bn.The French luxury conglomerate said Tiffany & Co, which it acquired earlier this year for $16.2bn after prolonged negotiations, had performed extremely well."The first half saw the integration for the first time of iconic jewelry maison Tiffany, which has benefited fr...Read More

(IDEX Online) - French police foiled an audacious bid by thieves to blow up glass cases at the city's Museum of Natural History (pictured) and steal a 217-ct necklace made for the Queen of Egypt.The $5.8m piece is among than 500 items in the Gems exhibition, which includes minerals, gemstones and objets d'art from the museum's collection, together with over 200 jewels by Van Cleef &...Read More

(IDEX Online) - Young couples are dispensing with engagement rings  -  and having a diamond pierced straight into their finger. It's called finger dermal. A small circle of flesh is removed from the finger, an anchor is inserted under the skin and the surrounding area has to be stitched to keep the gem in place. The process is, apparently, no more painful than piercing other parts o...Read More

BHP requested government mediation to reach an agreement and prevent a strike at the world's largest copper mine. Government mediation can last up to 10 days before workers can commence a strike.Read More

The junior said the investment by Glencore was an endorsement of the wider Costa Fuego copper-gold, which is emerging as a globally significant, low-altitude development. Hot Chili describes its 451 million tonne Cortadera discovery in Chile as one of two major copper finds since 2016, the other being Rio Tinto's remote, deep Winu discovery in Western Australia.  Glencore's backing...Read More