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

When Jake Klein spoke about Evolution Mining at the Northern Miner's Global Mining Symposium in May, the company's founder and executive chairman emphasized that his team was "continually looking to upgrade the portfolio" and predicted that "the next ten years are going to be even more exciting" than the previous decade.It was a bold forecast. After all, the Australian gold miner has grown quickly...Read More

Call it cross-pollination: Mining companies in Australia are taking up projects in Canada and Canadian mining companies are enthusiastic about projects in Australia. Here are eight companies to watch.FOCUS MINERALSFocus Minerals (ASX: FML; US-OTC: FCSUF) has two 100%-owned gold projects in Western Australia - Coolgardie and Laverton. Total resources in all categories at both projects contain 6.1 m...Read More

BHP (ASX: BHP, NYSE: BHP LSE: BHP), the world's largest miner, has inked a conditional agreement with a unit of Westshore Terminals Investment for its Jansen potash project in Canada.The deal, Westshore said, is subject to approval by BHP's board and dependent on whether BHP moves ahead with the first phase of its long-delayed potash project in Saskatchewan.Vancouver-based Westshore has agreed to...Read More

Newmont (TSX: NGT; NYSE: NEM), the world's No. 1 gold miner, will make a decision on a US$2 billion investment at its Yanacocha mine in northern Peru's Cajamarca region before the end of the year, CEO Tom Palmer told investors.The oxide resources of the open-pit Yanacocha mine are close to being depleted, and the project is designed to mine the sulfide material underground.In a call to discuss the...Read More

Skeena Resources (TSX: SKE: US-OTC: SKREF) has released a preliminary feasibility study on its 100%-owned Eskay Creek gold project. The study outlined an after-tax net present value of $1.4 billion and internal rate of return of 56%. A gold price of US$1,550 per oz. and silver price of US$22 per oz. were used.The project encompasses a former producing mine north of Stewart in British Columbia's Go...Read More

Iamgold (TSX: IMG; NYSE: IAG) recently updated construction progress and costs at its C??t?(C) gold project near Gogama, Ontario. The project is 65% owned and operated by Iamgold. Sumitomo Metal Mining holds the remainder.The C??t?(C) project is on schedule and was 27% complete at the end of June. Contractors are widening the road to the site and removing overburden. The concrete batch plant at t...Read More

Inflection Resources (CSE: AUCU, US-OTC: AUCUF) is an early-stage exploration company focused on looking for gold and copper-gold deposits in the Macquarie Arc, part of the Lachlan Fold Belt, in eastern Australia.The Macquarie Arc is considered Australia's premier porphyry gold-copper province and hosts several world-class mines. These include Newcrest Mining's (TSX: NCM; ASX: NCM) Cadia operat...Read More

Mining in the United States has played a significant role in the country's development. The Northern Miner presents its annual top-ten list of the largest U.S.-based mining companies ranked by market capitalization, as of July 7. The data was compiled by our sister company, MiningIntelligence.1. Freeport-McMoRanMarket cap: US$52.7 billionFreeport-McMoRan's Climax molybdenum mine in Colorado. Cre...Read More

Jeff Bezos thinks he's real hot shit, huh?Flying off into space on his little rocket, trying to show the whole world he's over his divorce.Sorry, am I being too harsh?Are these attacks too personal for a guy who forces his employees to work in 114-degree heat, fires them for getting breast cancer, and demands delivery drivers to pee into Gatorade bottles?Forgive me, then.After all, this isn't real...Read More

Extrapolating the future from the present is a classic investing mistake. Many investors behave as if present market conditions will continue into the future. If it's a bear market, you'll never see a bull market again. Sell everything, the sky is falling!On the other hand, if it's a bull market, it's never going to end. Put all your money in stocks, and you'll be rich, despite any temporary downt...Read More

FPX Nickel (CVE: FPX) CEO Martin Turenne joined Steve Darling from Proactive to share details on the company adding two people to their team as they move for...Read full newsRead More

A.I.S. Resources Limited announces after successful financingRead full newsRead More

Japan's Nikkei was up in morning trade, a day before the country opens the Olympic Games, which were delayed from last year due to the pandemic.The S&P 500 gained 0.8% and London's FTSE 100 closed up 1.5%.Commodities were mixed on the London Metal Exchange.China's NDRC reportedly asked local governments to step up commodity price monitoring and management of expectations, Marex's Alastair Munr...Read More

The dividend of US55c is payable on September 23 and is the same amount as the previous two quarterly dividends following a 38% boost in February."The declaration and payment of future quarterly dividends remains at the discretion of the board of directors and will depend on the company's financial results, cash flow and cash requirements, future prospects, and other factors deemed relevant by the...Read More

(IDEX Online) -  Signet is aiming for full gender parity among its corporate leadership.The US jeweler already has a female CEO, and women account for 42 per cent of its board of directors, 50 per cent of its leadership team and 40 per cent of those holding the title vice president and above.It is joining the Paradigm for Parity coalition, which is committed to all women and men having equal...Read More

(IDEX Online) - A diamond manufacturer in Surat was re-united with a box of rough stones worth $27,000 that he left behind at a safety deposit vault.Rahul Moradiya placed it on top of his locker at Katargam Safe, in the Kartargam area of the city, then forgot about it.The manager spotted the box that evening and put it in safe place. Moradiya, who runs a small unit in Bambawadi, returned the...Read More

(IDEX Online) - A bogus gemologist swapped diamonds valued at $7.8m for worthless pebbles in an audacious heist, a court in London has heard.Lulu Lakatos, 60, is alleged to have examined the gems at luxury Mayfair jeweler Boodles (pictured) on behalf of a group posing as wealthy Russian buyers.She then placed the locked purse containing seven diamonds into her handbag, Southwark Crown Court was to...Read More

It said world refined copper production was 2.07 million tonnes, compared with usage of 2.14Mt.ICSG said preliminary data had indicated an apparent surplus."In the first four months of 2021, the world refined copper balance, based on Chinese apparent usage (excluding changes in unreported stocks), indicated a surplus of about 70,000t," it said.It said preliminary data pointed to world copper mine...Read More

Fully integrated US-based steel producer Cleveland-Cliffs has reported record operating and financial results for the quarter ended June, but earnings missed analyst expectations, sending the New York-quoted stock nearly 8% lower in early morning trade.Cleveland-Cliffs said adjusted earnings came in at $1.46 per share, well ahead of the 28c per share reported in the corresponding quarter a year ea...Read More

Eldorado Gold (TSX:ELD; NYSE:EGO) has bought an 11.5% stake in Quebec-focused explorer Probe Metals (TSXV: PRB; US-OTC: PROFB) in a deal worth about $23.7 million (US$18.9 million).The acquisition of 15.04 million common shares of Probe at $1.575 each follows the friendly takeover earlier this year of QMX Gold, another junior with assets in Quebec's resource-rich Abitibi Greenstone Belt.The buyout...Read More