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

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

More action needed to meet 1.5C targetRead full newsRead More

Output to lift 3.7% in 2022Read full newsRead More

Marvel Discovery Corp. ; is please to announce it has acquired aRead full newsRead More

Cites recent volatilityRead full newsRead More

China said this week it would sell 20,000 tonnes of copper, 50,000t of aluminium and 30,000t of zinc on July 5-6.It marks the country's first sale of reserves since 2010 and is part of a strategy to keep a lid on prices.Jefferies noted the magnitude of the initial sale was "relatively small" and said while this could dent prices near-term, long-term fundamentals remained positive and tipped prices...Read More

"Over the years we believe we have spent less than we should be spending on exploration," Tyler told Reuters.Read More

(IDEX Online) - US sales of watches and jewelry in April were up by 176 per cent year-on-year, reflecting a robust recovery from the depths of the global pandemic. April 2020 saw total sales halved, as the first lockdowns and travel restrictions were imposed. Year-on-year sales have been steadily increasing since June 2020. In March 2021 there was a rise of almost 90 per cent, the first comparison...Read More

(IDEX Online) - Assets worth a total of $1.3bn seized from diamond fugitives Nirav Modi and Mehul Choksi, and businessman Vijay Mallya, have been returned to the banks in India from which they were allegedly defrauded.The Enforcement Directorate (ED), which investigates economic crime in India, said on Tuesday that it had unraveled a web of dummy entities at home and abroad used to rotate and...Read More

(IDEX Online) - A 21.86-carat natural pink diamond from the Kao mine, in Lesotho, is be sold next month in Antwerp.Kao is one of the few sources of pink diamonds following the closure last year of Rio Tinto's iconic Argyle mine, in Australia, which provided 90 per cent of the world's pinks.The rough stone (pictured), discovered on 18 May and named The Pink Palesa, will be offered for sal...Read More

Azure's Andover nickel shapes as a Pilbara NovaSPONSOREDazure mineralsThe FBICRC has just released a report, prepared by consultancy Accenture, that outlines two pathways towards 2030: sticking with a business-as-usual mining focus, or developing a diversified batteryRead More

Azure's Andover nickel shapes as a Pilbara NovaSPONSOREDazure mineralsWhile it was a great pick-up, St Barbara has never got close to 500,000oz.Read More

Osisko Development (TSXV: ODV) has released the latest drill results from the Valley zone at its Cariboo gold project in central B.C., approximately 115 km southeast of Prince George and 500 km north of Vancouver. Highlights included drillhole CM-21-005, which returned 10.7 metres grading 17.16 grams gold per tonne starting from 228.1 metres, including 1.25 metres of 20.20 grams gold. Hole CM-21...Read More

A new study shows that small modular nuclear reactors are a viable option to reduce or eliminate reliance on diesel energy for remote mines and communities in Canada's North, and could provide them clean, economic and reliable energy and heat.The economic feasibility and cost benefit study looked at very small modular reactors (vSMRs) generating less than 10 megawatts of power.The conceptual econo...Read More

A new report by the International Renewable Energy Agency states that over the past 10 years, clean energy has not only started seriously competing with fossil fuels but has significantly undercut them when new electricity generation capacity is required.According to IRENA, concentrating solar power (CSP), offshore wind and utility?EUR'scale solar photovoltaics, all joined onshore wind in the r...Read More

E3 Net-Zero Lithium: the next generation of lithium productionSPONSOREDe3 metals corpLake making waves with cleaner lithiumSPONSOREDlake resourcesMRC's Skaland is a jewel cut for a European graphite crownSPONSOREDmineral commoditiesMarimaca explains its plans to develop and expand its namesake projectSPONSOREDmarimaca copperThe US consumer price index rose 0.6% in May. The 8% annualised rate o...Read More

The Standing Committee on Natural Resources has presented a report before Canada's House of Commons that stresses the importance of securing a supply of critical minerals, particularly in the face of China's dominance.Currently, the Asian economic giant owns as much as 80% of the global processing capacity for rare earths, as it has been investing for decades in acquiring strategic mineral asset...Read More

The Toronto-quoted shares of Bonterra Resources (TSXV: BTR) advanced nearly 10% in intraday trading on June 23 after announcing a resource update for the Gladiator, Barry, and Moroy and Bachelor deposits in Quebec. The assets now collectively host 1.24 million ounces in 7.5 million tonnes grading on average 5.21 grams gold per tonne in the 43-101-compliant measured and indicated categories - an i...Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipPerpetua's sustainable mining to bring only US antimony supplySPONSOREDperpetua resourcesArgentina: the future of uraniumSPONSOREDblue sky uraniumA new reserve estimate for Cerro Colorado - the main pit at Riotinto - showed proven and probable reserves of 186 Mt at 0.Read More

Interest rates remain chained at zero. Any slight increase remains one year distant - at minimum - and likely two years distant.Meantime, the Federal Reserve continues to purchase assets at the rate of $120 billion the month.It is only now beginning to "talk about talking about" kinking the liquidity lines.That is, the Federal Reserve remains what professional men term… accommodative.And yet...Read More