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

(IDEX Online) - Child miners are using homing pigeons to smuggle diamonds from the mines where they work, claims a new book.They risk having their fingers broken, or worse, says US-based author Matthew Gavin Frank in Flight Of The Diamond Smugglers, a harrowing account of poverty and desperation on the west coast of Namibia and South Africa.He tells in great detail how a 13-year-old boy hides a pi...Read More

VANCOUVER, BC, June 22, 2021 /CNW/ - Nevada King Gold Corp. (TSXV: NKG) ('Nevada King' or the 'Company') is pleased to to announce it has commence...Read full newsRead More

VANCOUVER, BC, June 22, 2021 /CNW/ - Nevada King Gold Corp. (TSXV: NKG) ('Nevada King' or the 'Company') is pleased to to announce it has commence...Read full newsRead More

We have a fine-sounding word for running with the herd: momentum. When the herd is running, those who buy what the herd is buying and sell what the herd is selling are trading momentum, which sounds so much more professional and high-brow than the noisy, dusty image of large mammals (and their trading machines) mindlessly running with the herd.We also have a fine-sounding phrase for anticipating w...Read More

PALM BEACH, Fla., June 23, 2021 /PRNewswire via COMTEX/ --PALM BEACH, Fla., June 23, 2021 /PRNewswire/ -- According to some gold professionals there are...Read full newsRead 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

Here are three Canadian gold stocks that Bay Street analysts expect to rise by nearly 70% return within a year. The post Analysts Expect These 3 TSX Gold Mining Stocks to Jump 70% in a Year appeared first on The Motley Fool Canada.Read full newsRead More

Issues include likely conflicts of interest, says auditor KPMGRead full newsRead More

Spoiler alert: there's a read-across for others in the sectorRead full newsRead More

The diamond producer will raise $22 million from a bought deal and $16 million via a private placement, both at C75c, an 10% discount to the company's closing share price on Thursday.Read More

Lucara Diamond (TSX: LUC) is raising $22 million in a bought deal financing to advance work at its 100%-owned Karowe diamond mine in central Botswana, about 350 km north of the capital Gaborone.A syndicate of underwriters led by BMO Capital Markets will purchase 29.4 million common shares in the company at 75 ? per share. The deal also includes an over-allotment option for an additional 15% of th...Read More

B2Gold (TSX: BTO; NYSE: BTG) has announced that its Malian subsidiary, Menankoto SARL, has begun international arbitration proceedings against the Republic of Mali.The Menankoto exploration permit, which forms a part of the Anaconda area, is located 20 km north of the company's Fekola Mine licence area.The action argues that the Republic of Mali breached its obligations to Menankoto under the Conv...Read More

The US government said today that it backs a 2,400-acre land exchange that would allow Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to move forward with its majority-owned Resolution Copper project in Arizona, despite opposition by Native American groups and environmentalists.In 2014, then-President Barack Obama signed a Pentagon funding bill that approved Rio Tinto's proposal to exchange land for an...Read More

Canada is home to many diamond companies and some of the world's best diamond mines. Here's a list of the top ten diamond companies with headquarters in Canada, based on market capitalization as of June 3 and compiled by MiningIntelligence.Lucara DiamondMarket Cap: $297.7 million (US$246.7 million)Lucara Diamond's Karowe diamond mine in Botswana. Credit: Lucara Diamond.Lucara Diamond (TSX: LUC) o...Read More

Royalty and streaming companies have grown in number and popularity over the years. Here are the top ten royalty and streaming companies headquartered in Canada ranked by market capitalisation as of June 3 and compiled by Mining Intelligence.Franco-NevadaMarket cap: $34.39 billion (US$28.51 billion)Franco-Nevada (TSX: FNV; NYSE: FNV) retains its position this year as the number one royalty and str...Read More

With precious metals commanding higher prices, juniors advancing projects with gold and silver deposits are coming into the spotlight. The following companies are the top-10 Canadian-headquartered precious metal juniors that are developing projects but are not yet in production, ranked according to market capitalization as of June 3 and compiled by MiningIntelligence. Royalty and streaming compani...Read More

Canada is considered one of the world's premier mining jurisdictions thanks to its refined financial services industry, skilled workforce and robust regulatory environment. The Toronto Stock Exchange is the world's leading public platform for mining companies to raise the capital required to conduct their mineral exploration, mine development and mining operations. The following companies are the...Read More

Cryptocurrencies may not be perfect, but don't let anyone tell you they're not viable.If they weren't, central banks, governments, and Wall Street insiders wouldn't be panicking.And they are panicking.In May, the Chinese government issued a public warning about trading and mining crypto. And earlier this month, Beijing started sprawling efforts to shut down cryptomining operations just hours after...Read More

Here are three Canadian gold stocks that Bay Street analysts expect to rise by nearly 70% return within a year. The post Analysts Expect These 3 TSX Gold Mining Stocks to Jump 70% in a Year appeared first on The Motley Fool Canada.Read full newsRead More

Congolese authorities have seized 31 kg of gold, worth around $1.9 million, in the Okapi Wildlife Reserve in the country's northeast, in a rare loss for smugglers who fraudulently bring tonnes of Congolese gold into the global market each year.Read full newsRead More