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

La Mancha Holdings, owned by Egyptian billionaire Naguib Sawiris, has unveiled a US$1.4 billion fund to hold the magnate's gold mining investments and pursue new opportunities in the sector.The vehicle, named La Mancha Fund SCSp, is open to new investors and will also invest in battery metals needed for electric vehicles, the Luxembourg-based private firm said.It noted that the first closing had a...Read More

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has approved a US$108 million underground development at the Kennecott copper project in Utah. The expenditure will support a feasibility study for underground mining.The study will assess underground development options for the Bingham Canyon mine and is expected to be completed in 2024. Existing workings from previous underground projects will be extende...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 goldDamaging at first because Australian coal miners were caught by surprise when China closed its doors last y...Read More

A researcher at the University of Alberta in Canada has discovered that nano humus, a substance extracted from coal mine deposits and then crushed to a black, powdery material, is highly effective at helping reclaim the land and water used in mining.According to Yihan Zhao, nano humus has "outstanding physical and chemical properties" that remove heavy metals from contaminated water and soil. The...Read More

Evolution Mining (ASX: EVN) announced on July 22 that it is acquiring assets from Northern Star Resources' (ASX: NST), most of which are within eight km of its Mungari mine in Western Australia. The deal gives Evolution a portfolio of underground mines close to Mungari's mill, "provides a pathway" to growing Mungari to a 200,000 oz. gold a year producer, and offers loads of exploration upside. Evo...Read More

Two sides are attacking free speech, but their arguments are so irrational they end up attacking each other. On one side are Facebook, Google, and the Google-owned YouTube channel. All three have engaged in censorship and suppression of free speech and open debate about the pandemic and vaccines.Legitimate questions are squashed, and treatments, such as hydroxychloroquine and Ivermectin, cannot be...Read More

Dear Outsider,Sinking into an old creaky chair at Baltimore's Charles Theater, I heard Anthony Bourdain's voice come over the sound system. I turned to fellow Outsider Jimmy Mengel and said, "This is gonna be good."After the roller-coaster ride of emotions we felt from watching the new "Roadrunner" documentary chronicling the life and death of the famous writer and traveler, we sat down to decompr...Read More

TORTOLA, British Virgin Islands, July 14, 2021 /CNW/ - Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) (the 'Company' or 'Sailfish') is pleased...Read full newsRead More

(IDEX Online) - Forty per cent of diamond artisans have reportedly failed to return to work in Surat, India, as fears mount of a third wave of coronavirus.An estimated 400,000 migrant workers returned to their home villages for the Hindu festival of Holi, at the end of March, and have remained there, according to the Financial Express newspaper.It says production across the city's 6,000 manuf...Read More

(IDEX Online) - A lab-grown ruby was found to have been subjected to a treatment usually reserved only for natural stones.The GIA lab in Carlsbad, California, USA, received the gem for grading and staff were surprised to find that fractures had been filled with lead glass to minimize their appearance and enhance overall clarity."While it is unclear why anyone would go to the trouble to treat a syn...Read More

(IDEX Online) - More and more couples are opting for engagement watches rather than rings, says a new report.They're ditching the traditional solitaire diamond for a pair of timepieces, says the global fashion search platform Lyst in its Wedding Report 2021. They're often matching or gender-neutral."Expect to see more fine watches and the rise of the engagement watch," it says."Looking a...Read More

Monarch Mining (TSX:GBAR) has sold a pair of royalty interests to Gold Royalty Corp for C$11.25 million.Read full newsRead More

Gold79 Mines Ltd. is pleased to release results of reprocessed geRead full newsRead More

Empress Royalty Corp. is pleased to announce it has closed and fuRead full newsRead More

Uranium Outlook: Ready for lift off at lastSPONSOREDGalan Lithium rides electric vehicle revolutionSPONSOREDgalan lithiumGlobal Atomic is shipshape and in weather for plain sailingSPONSOREDglobal atomicDenison aims for 2022 live ISR field test at PhoenixSPONSOREDdenison minesThe company approved $25 million in funding last year for a prefeasibility study into the underground.Kennecott has an under...Read More

Lead and tin jumped by more than 2% each, while nickel rose 1.9% following news of BHP's nickel supply deal with Tesla yesterday.Copper rose for a third day, adding 1.1% to US$9,417.78 per tonne.According to data from the International Copper Study Group, preliminary data for the first four months of 2021 showed world copper mine and refined production increased by 4% and apparent refined usage ro...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 goldThe company continues to evaluate a large-scale expansion at El Abra to process additional sulphide materia...Read More

There has been a string of divestments and acquisitions along the way to get to the model portfolio. But there is more work to do.Read More

CCR holds two projects in the DRC - one a near-term development asset called Mbamba Kilena and the other a 20% stake in an exploration play known as Titan, located next to Ivanhoe's giant Kamoa KakulaRead More

Sales totalled 929 million pounds of copper, 5% below the company's April estimate of 975lb."Logistics is an issue globally," Richard Adkerson, Freeport's CEO, said on the company's earnings call.Production was flat quarter on quarter at 913Mlbs, while average copper prices of US$4.34 (up from $3.94/lb in Q1) saw the company deliver net income of US$1.1 billion.Operating cash flow amounted to US$2...Read More