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 record iron ore price saw Rio's operating net cashflow jump 143% to US$13.66 billion for the six months to June 30. Free cashflow jumped 262% to a record $10.2 billion.Read More

Share this article VANCOUVER - Ethos Gold Corp [ECC-TSXV] shares advanced in active trading Wednesday after the company said it is increasing the size of a previously announced non-brokered private placement of units.The company said it now expects to raise $2.25 million after Crescat Portfolio Management LLC elected to exercise participation rights that were granted by the company under a subsc...Read More

(IDEX Online) - De Beers today said it sold $510m (provisional) of rough at Sight 6, as demand remained high, especially from the US and China.The figure is more than four times the $116m total for last July, in the depths of the pandemic, but more significantly it is more than double the $250m figure for pre-Covid July 2019.De Beers said it was still offering extra flexibility to sight holders, a...Read More

(IDEX Online) - The world's largest sapphire cluster - weighing 2.5 million carats, or more than half a ton - has been found by workers digging a well at the home of a gem trader in Sri Lanka.The pale blue stone (pictured) has been provisionally valued at $100m, although the quality of the stones inside the cluster is not yet known."The person who was digging the well alerted us about some ra...Read More

(IDEX Online) - The woman accused of swapping $7.8m of diamonds for worthless pebbles told a court it wasn't her.  It was her dead sister.Lulu Lakatos, 60, is accused of posing as a gemologist called Anna in a sophisticated heist at the jeweler Boodles (pictured) in Mayfair, London.But she told a court it was her younger sister Liliana who had been involved in the crime in March 2016.&nb...Read More

Two of the biggest topics facing miners are electrification and automationSPONSOREDauto-mateZinc-lead discovery helps Zenith double market capSPONSOREDzenith mineralsHigh-grade Costerfield gold mine drives turnaroundSPONSOREDmandalay resourcesNZ heeds the call of Siren GoldSPONSOREDsiren goldReporting its results for the June quarter, the company said it produced 199,689t copper, up 18% from the p...Read More

It's all a bit weird because the vast majority of gold mines around today won't be producing in 2050 anyway. They will have been depleted long before 2050 rolls around.Read More

The Edinburgh-based consultancy forecasts demand for "most commodities" in China will fall in H2 as economic growth slows.Read More

Canada's largest uranium producer Cameco (TSX: CCO) says it has managed to narrow its June-quarter headline loss despite a 32% drop in overall revenue. The quarter also saw its long-term uranium supply contract portfolio expand. In addition to the nine million pounds of uranium oxide in long-term sales contracts finalized in April, Cameco added another seven million pounds under contract in the l...Read More

First Mining Gold (TSX: FF; OTC: FFMGF) has entered into an exploration agreement with Animakee Wa Zhing #37 First Nation (AWZ 37) covering the Cameron gold project, 80 km southeast of Kenora, Ont. The accord is intended to promote a co-operative, collaborative and mutually beneficial relationship that supports both the company's exploration activities and the interests of the First Nation.First...Read More

Alphamin Resources (TSXV: AFM) reported additional assay results from drilling at Mpama South, a high-grade tin discovery located 750 metres south of the company's operating Mpama North mine in the Democratic Republic of Congo (DRC).Alphamin produces around 4% of the world's mined tin from its high-grade operation in the DRC. Mpama North is currently the highest-grade tin mine in the world, produc...Read More

Bluejay Mining (US-OTC: BLLYF; LSE: JAY) has agreed to sell its Paltamo and Rautavaara nickel, zinc, copper and cobalt projects in Finland to Metals One for ?4 million ($7 million) in cash and shares.The explorer and developer is not fully walking away from the assets, as the deal makes it a significant shareholder Metals One, a battery metals miner.Bluejay is also keeping its Outokumpu copper go...Read More

The Canadian government is continuing to support its mining industry with millions of dollars in new investments.Last month Canada's Minister of Innovation, Science, and Industry announced a CAD$40 million investment in the Centre for Excellence in Mining Innovation Inc. (CEMI).The money will be used to create a national initiative to "modernize mining and improve its productivity and environmenta...Read More

Offer represents a 69% premium to Noront's closing price on Monday and is 129% higher than the closing price on May 21, a day before Wyloo's proposal.Read full newsRead More

Commander Resources Ltd. is pleased to announce that it has grantRead full newsRead More

Kuya Silver Corporation (CSE:KUYA) has released results from its phase I drill program at the Bethania project.Read full newsRead More

The latter is said to have been a "stable industry leading business that has produced cobalt products for key markets since 1968" and involves "contractual rights to refining capacity and ownership ofRead More

(IDEX Online) - Coronavirus has caused global devastation, but for a diamond industry that was in turmoil, it may prove to have been a blessing in disguise.It has emerged from the depths of pandemic lockdowns and is now in position that was "unimaginable 12 months ago," say experts Pranay Narvekar and Chaim Even Zohar in IDEX's new state of the industry analysis - Pipeline 2020 - which is ava...Read More

(IDEX Online) - A diamond ring owned by the legendary Sammy Davis Jr sold for $69,000, way above its high estimate of $40,000 at Bonhams' California.The octagonal-shaped modified brilliant-cut diamond (pictured) was GIA-certified as 6.28-carats, K-color and VS1-clarity.Another piece that belonged to the flamboyant performer, an 18-karat gold, 10.75-carat fancy brown diamond and diamond ring,...Read More

(IDEX) -  Tiffany & Co is suffering a backlash over its new ad campaign - condemned on social media as disgusting, disrespectful and ageist.Posters of grungy young women with attitude (pictured), headlined Not your mother's Tiffany, have appeared by roadsides in Los Angeles, USA.It follows the on-off-on-again $16.2bn buyout by luxury conglomerate LVMH and the appointment of 29-year-o...Read More