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

It follows US president Joe Biden's infrastructure deal last week and concerns easing about inflation.Australia meanwhile is facing increased COVID-19 restrictions around the country after various positive cases were identified, including one at Newmont's Tanami gold operation in the Northern Territory.The operation has been temporarily suspended.The gold price was flat around $1,782 an ounce on t...Read More

Glencore will pay about US$294 million cash each to Anglo American and BHP for their respective 33.3% stakes in the asset.Read More

Share this articleArizona Gold Corp. [TSX: AZG, OTCQB: AGAUF] and Golden Predator Mining Corp. [TSXV: GPY] earlier announced that they have entered into a definitive arrangement agreement pursuant to which Arizona and Golden Predator have agreed to merge to create a new North American focused near-term gold producer. The Transaction combines the fully permitted past-producing Copperstone gold mine...Read More

(IDEX Online) - Angola's national diamond company raised over $56.6m in its third and largest rough auction.Fifty companies from the world's main diamond markets bid online for special stones from the Uari, Lulo and Catoca mines, as well as run-of-mine goods from the Luele kimberlite production in the Luaxe region.  Sodiam, the Luanda-based company that has been marketing Angol...Read More

(IDEX Online) - Diamond manufacturers in India are struggling to meet demand, with many workers yet to return from their rural villages after new lockdowns, and Covid curfews again being extended. The general manager of one unit said he was struggling to meet 60 per cent of demand.  Zalak Savani, from Ahmedabad, told the ANI news agency: "Many diamond polishers in Ahmedabad say demand for pol...Read More

(IDEX Online) - Lucara has announced $31m of new funding to operate and develop its Karowe mine, in Botswana.It comes just days after the miner revealed the recovery of a 1,174-carat diamond at the deposit, which has a reputation for producing large, high quality, Type IIa stones.Canada-based Lucara is raising $22m from syndicate of underwriters led by BMO Capital Markets and $16m in a private pla...Read More

An environmental report on the project, required to allow the 2,400-acre land swap to proceed, was published in January in the final days of the Trump administration.Read More

Perpetua's sustainable mining to bring only US antimony supplySPONSOREDperpetua resourcesArgentina: the future of uraniumSPONSOREDblue sky uraniumE3 Net-Zero Lithium: the next generation of lithium productionSPONSOREDe3 metals corpOrford's summer news flow forecast to flood inboxesSPONSOREDorford miningCaerus has agreed heads of terms on a £300,000 (US$ 417,500) deal to acquire Cypru...Read More

A worker employed by a service provider was fatally injured from a fall while working at height.Underground mining had been suspended while an investigation was completed."Hoisting activities resumed on June 23 and production has since returned to normal levels," Hudbay said last week.It did not mention any impact on production guidance.Its Manitoba operations, comprising Lalor and 777, were expec...Read More

Perpetua's sustainable mining to bring only US antimony supplySPONSOREDperpetua resourcesArgentina: the future of uraniumSPONSOREDblue sky uraniumE3 Net-Zero Lithium: the next generation of lithium productionSPONSOREDe3 metals corpOrford's summer news flow forecast to flood inboxesSPONSOREDorford miningDeep-South said it intended to "vigorously contest this decision by all means necessary"...Read More

Atlantic Canada-focused gold juniors are driving an exploration boom in provinces not previously noted for their gold production. The increasing sentiment has one analyst calling for caution as the market froths up."Beware the arm wavers as momentum sweeps the provinces," Joe Mazumdar, editor and analyst at Exploration Insights, says in an interview. "Many of the juniors that had made discoveries...Read More

Demand for greener energy has put companies with uranium and base metal projects under the spotlight. Here's a list of the top ten Canadian-headquartered base metal and uranium juniors with no production. The ranking is based on the companies' market capitalization as of June 3, and compiled by MiningIntelligence.NexGen EnergyMarket cap: $2.7 billion (US$2.3 billion)The world-class core processing...Read More

Callinex Mines (TSXV: CNX; US-OTC: CLLXF) is preparing to follow up on two silver discoveries made at its Nash Creek project last year in the Bathurst mining district of New Brunswick.Personnel and a drill rig are being mobilized to commence an up to 4,000-metre drilling campaign to drill test 10 km of the 18 km Black Point Arleau Brook fault, the company announced today.This drill program will...Read More

Demand for tin used in electronics soared to record highs in the first half of 2021, outpacing supply and underpinning a more than 52% price rally on the London Metals Exchange in the past six months, new analysis by IndexBox, Inc. shows. A deficit in shipping containers caused delays in deliveries from Southeast Asia and Latin America while the pandemic spurred a decline in unrefined tin exports...Read More

Miner and commodities trader Glencore (LSE: GLEN) is buying out partners Anglo American (LSE: AAL) and BHP's (ASX, LON, NYSE: BHP; LSE: BHP; ASX: BHP) stakes in the Cerrej??n thermal coal mine in Colombia, defying previous reports that said it was looking to walk away from the asset.The Swiss company expects to pay US$588 million in cash for the combined 66.6% stake owned by Anglo and BHP when...Read More

Perpetua's sustainable mining to bring only US antimony supplySPONSOREDperpetua resourcesArgentina: the future of uraniumSPONSOREDblue sky uraniumE3 Net-Zero Lithium: the next generation of lithium productionSPONSOREDe3 metals corpOrford's summer news flow forecast to flood inboxesSPONSOREDorford miningThe base metal play is chicken feed for a company the size of Anglo American but its fin...Read More

A briefcase tethered to a lifeless body floats toward the southern Spanish coast and is intercepted by a lone fisherman.Dragged onto the beach and inspected by Spanish soldiers, the body is identified as Major Martin, a British Royal Marines captain. In his pockets, a photograph of his fianc?(C)e, love letters, a receipt for a diamond ring, ticket stubs from a London theatre, a bill for a stay at...Read More

TORONTO, June 22, 2021 /CNW/ - HARTE GOLD CORP. ('Harte Gold' or the 'Company') (TSX: HRT) (OTC: HRTFF) (Frankfurt: H4O) announced today its first...Read full newsRead More

(IDEX Online) - Alrosa has resumed production at its Zarya pipe, in Yakutia, eastern Russia, as the diamond market recovers.The mine, responsible for just 0.9 per cent of the group's total output, was put on care in maintenance in May 2020.  Alrosa said Zarya was among its lower margin mines due to the quality characteristics of its stones.The 300-meter deep open pit, developed at a cost...Read More

(IDEX Online) - Baselworld is back from the dead, with a five-day event planned for spring 2022.Organizers of the iconic Swiss trade show said they were dropping the name after an exodus of big-name exhibitors and a bitter refunds row over the Covid-enforced cancelations of its 2020 event.They even announced its new incarnation, a watch and jewelry event to be called HourUniverse, which was billed...Read More