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

A new explorer spun out of exploration darling Chalice Mining (ASX: CHN) will be a "standout" in the growing Victorian ... Read More The post Chalice Mining spin-out thirsty for 'Tier 1' gold discoveries in Victoria and WA appeared first on Stockhead.Read full newsRead More

China's Ganfeng Lithium Co Ltd , one of the world's biggest lithium producers, said on Friday its board had approved an offer to buy Argentina-focused Millennial Lithium Corp for as much as C$353 million ($280 million).The bid will be made by a Ganfeng subsidiary at C$3.60 per share, Ganfeng said in a filing to the Shenzhen Stock Exchange, or a premium of 8.4% to Vancouver-based Millenni...Read More

ELKO, Nev., July 6, 2021 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the 'Company'), a gold exploration and development company, today announc...Read full newsRead More

The timing could not be better given China's Ganfeng Lithium announced acquisition of Argentina-focused Millennial Lithium for up to C$353 million for its Pastos Grandes project in Salta.Read More

Looming steel production curbs are a major swing factor facing China's steel sector in the second half (H2) of the year.Read More

The Toronto-listed company said Q2 copper production was unchanged year-on-year but down 19% versus Q1 at 36,735 tonnes, with the drop driven by COVID-related personnel restrictions.Read 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 minesPilbara iron ore shipments were 76.3 million tonnes, down 2% over the previous quarter and down 12% year-on-year.Read More

Operations at Barrick Gold's (TSX: ABX; NYSE: GOLD) Hemlo mine, about 350 kilometers east of Thunder Bay, Ontario, remains suspended after a contract worker died on site late Wednesday.Perenti, through its subsidiary Barminco, provides underground mining services to the Hemlo gold mine.Barminco and Barrick are working closely with the labour ministry and the Ontario Provincial Police to investigat...Read More

Information obtained by Electrek revealed that Tesla filed a new patent related to the acid-free saline lithium extraction process mentioned by Elon Musk during Battery Day in September 2020.Titled "Selective extraction of lithium from clay minerals," the patent states that extracting lithium from ore using sodium chloride is an environmentally friendlier way to obtain the metal, compared to curre...Read 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 minesBorder closures imposed in Western Australia since COVID have cut off access to workers just as demand for labour escalates...Read More

Why did furious revolutionary tantrums seize France in 1789? And do they afford us a frightful glimpse of the American future?Today we glance backward... in the hope it may help us look forward.From yesterday's reckoning (and our co-founder Bill Bonner):By the 18th century, France had become the greatest power in Europe, the richest and most populous country in the western world, and the clear lea...Read More

Federal Reserve Chairman Jerome Powell testified before Congress this week, attempting once more to defend the indefensible.But the numbers don't lie, and they're saying a lot right now.In the 12 months through June, producer prices rose 7.3% - the biggest jump since annual numbers were first crunched back in November 2010.In that same time, consumer prices rose 5.4%, topping May's 5% increase and...Read More

West High Yield Resources (TSXV:WHY) has announced a non-brokered private placement of up to C$2.5 million.Read full newsRead More

LG Chem announced a 10 trillion KRW ($8.7 billion) investment in three engines of growth - eco-friendly materials, battery materials and innovative new drugs.Read full newsRead More

The 11th Annual Gold and Diamond Conference organized by Initiatives In Art and Culture will be held online from 10 a.m. to 2:30 p.m. EDT Tuesday, July 13 to Thursday, July 15., 2021.Read full newsRead More

That compares to just half a dozen IPOs in 2019 and 26 successful listings last year, with the ASX on track to beat the number of new listings set in 2006 and 2010, either side of the Global FinancialRead More

Chinese steel consumption will remain elevated in the short term, supported by strong demand from the construction and manufacturing sectors, and then decline slowly after 2025 as the economy matures,Read More

(IDEX Online) - Alrosa has resumed operations at another low-output mine, as the demand for rough recovers.The Zarnitsa open-pit mine (pictured), in Yakutia, Russia, stopped production in May 2020 as the market slumped, but the state-owned miner said it resumed operations on 1 July.Ore from Zarnitsa - one of the first primary diamond deposits discovered in the then-USSR -  will not be process...Read More

(IDEX Online) - The government of Zimbabwe admits it has lost 350,000 carats of rough diamonds, with an estimated value of $140m. They were stored at repositories belonging to Minerals Marketing Corporation of Zimbabwe (MMCZ) and Zimbabwe Consolidated Diamond Company (ZCDC).  Both are wholly owned by the government. In a newly-released report, the country's Auditor-General Mildred Chiri...Read More

(IDEX Online) -  Signet Jewelers rose up the rankings in the National Retail Federation (NRF) new list of Top 100 Retailers in the US - from 98th place to 78th.But its total retail sales plunged by almost a quarter from $6.05bn in 2019, to $4.65m in 2020 according to the NRF data, provided by Kantar data analytics. Walmart and Amazon.com, placed first and second respectively in both 2020...Read More