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 company achieved an average gold price of US$1,816 per ounce during the quarter and $4.40 per pound for copper.Read More

Proudfoot Global CEO Pamela Hackett talks wrestling chaos with industry leadersSPONSOREDproudfootYandal building on discovery successSPONSOREDyandal resourcesEmerging producer Horizon Minerals eyes mid-tierSPONSOREDhorizon mineralsRumble growing with Earaheedy discoverySPONSOREDrumble resourcesEl Palamar has been drilled once previously, by Codelco, which intersected porphyry copper-gold mineralis...Read More

British Columbia has granted a permit for early construction work at the Blackwater gold project belonging to Artemis Gold (TSXV: ARTG). This is the first step in construction of a mine, allowing for site preparations and land cleaning at the site 150 km southwest of Prince George, B.C.Blackwater is estimated to be the largest gold mine development in the Cariboo region of B.C. in the last decade,...Read More

Planned and unplanned maintenance shutdowns at Nevada Gold Mines in the US and Pueblo Viejo in the Dominican Republic have resulted in a 5.4% drop in the world's second-largest gold miner by reserves, Barrick Gold's (TSX: ABX, NYSE: GOLD) second-quarter output.Preliminary June-quarter results dropped to 1.04 million oz. gold, from 1.1 million oz. in the prior period. The latest figure was below th...Read More

A new report by IDTechEx states that the current trend of adoption of redox flow batteries (RFBs) should lead to a multi-billion market size in 2031.However, in the analyst's view, this massive adoption doesn't imply that Li-ion batteries will disappear. Rather, the two systems are expected to address different issues."IDTechEx expects Li-ion batteries to be mostly employed for a short duration of...Read More

Proudfoot Global CEO Pamela Hackett talks wrestling chaos with industry leadersSPONSOREDproudfootYandal building on discovery successSPONSOREDyandal resourcesEmerging producer Horizon Minerals eyes mid-tierSPONSOREDhorizon mineralsRumble growing with Earaheedy discoverySPONSOREDrumble resourcesMiners frequently cite a three-phase value model as the rationale for investing in the industry.   I...Read More

The Federal Reserve has one nasty "temporary" problem.Not in the way that it claims or in the way the Biden administration wants to think and talk about it.Instead it has a problem with the things it says will be temporary being temporary at all.Right now inflation is the clearest example, but really this has been going on for a while.And, from the look of it, it will be going on for far longer.Ne...Read More

Yesterday we maintained that the American Revolution was a "revolution not made but prevented."Less a revolution than an anti-revolution... we might properly label the thing a revolt.A child may revolt against parental sovereignty. But is he a revolutionary?Here was the American colonists' animating purpose: To retake preexisting rights the crown had muscled away from them.They were not out to cre...Read More

Kenorland Minerals Ltd. is pleased to announce the commencemenRead full newsRead More

DMG Blockchain Solutions (TSXV:DMGI) is pleased to announce the purchase of 2,450 Bitcoin ASIC miners from Bitmain.Read full newsRead More

Southwest China's Yunnan province has started asking some local metal producers to reduce power consumption for the second time in three months, two industry sources and consultancy Aladdiny said on Wednesday.Read full newsRead More

Fredericton, New Brunswick--(Newsfile Corp. - July 14, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE: 706) (Read full newsRead More

The mine, Ecuador's largest, delivered 108,799 ounces of gold in the three months to June 30, up from 104,137 ounces in the previous quarter.Read full newsRead More

The company offered 12.2 million units at $1.10 each, with a unit comprising a share and half a share purchase warrant, exercisable within 36 months at $1.25 per share.H.C. Wainwright & Co acted as sole bookrunner, with Haywood Securities and Roth Capital Partners as co-managers.Vista had $7.2 million at the end of March and will use the proceeds to advance the development of the 9.4 million o...Read More

"This is not going to be music to the Fed's ears," Nuveen chief investment officer of global equities Saira Malik said on Bloomberg TV."The Fed is going to be acknowledging that inflation is going to be running hotter going forward. We're also dealing with peak earnings growth in the second quarter and also the Delta variant. That makes for a tough climb in the second half of this year."...Read More

A sharp run-up in the iron ore price in China - the world's biggest consumer and importer of the key steelmaking ingredient - at the end of last year and again in May "were not beneficial for theRead More

Share this article TORONTO - Fredonia Mining Inc. (formerly Richmond Road Capital Corp.) (TSXV: FRED) reported that further to the press release issued on June 28, 2021 in respect of the subscription receipt financing of $6.4 million, the escrow release conditions under the Offering have been satisfied and Fredonia has received approval from the TSX Venture Exchange to list its common shares on t...Read More

Share this article TORONTO - OceanaGold [OCG-TSX, OCGT-ASX] is poised to restart its Didipio gold-copper mine after the Philippine Government renewed the Didipio Mine Financial and Technical Assistance Agreement (FTAA) for an additional 25 years.The shares rallied on the news, rising 6.0% or 13.5 cents to $2.40 on volume of 3.26 million. The shares are currently trading in a 52-week range of $4.0...Read More

(IDEX Online) - China's diamond trade is surging, as it bounces back from the pandemic and benefits from crackdowns on smugglers and money launderers.The Shanghai Diamond Exchange (pictured) reports $3.82bn in total rough and polished transactions in the half-year to June, an increase of over 86 per cent on the same period in pre-Covid 2019.Imports of polished goods came to $1.58bn, up by alm...Read More

(IDEX Online) - Fugitive diamond dealer Mehul Choksi has been granted bail by a court in Dominica, so he can return to Antigua for medical treatment.Choksi, 62, is wanted in India, where he is accused of defrauding the Punjab National Bank out of $1.85bn.The Eastern Caribbean High Court, in Dominica, allowed him bail on Monday, demanding a bond of just 10,000 Eastern Caribbean dollars - equivalent...Read More