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

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe DRC has reintroduced its ban on copper and cobalt concentrate exports, which expired on April 12, and Ivanhoe said it was aware of the order issued to customs officials by a provincial director in Katanga.However the company said it was also aware of a subsequent letter confirming companies with an exempt...Read More

The Northern Miner's second-quarter Global Mining Symposium in mid-May was a great success, with 1,432 delegates tuning in from 86 countries. In this issue we cover the conference's keynote speakers, Jake Klein of Evolution Mining and David Garofalo of Gold Royalty.Over the last year and a half, Klein has expanded the Australian gold miner's footprint overseas, with two large acquisitions in Canad...Read More

The Northern Miner and sister company MiningIntelligence have put together a list of the top ten Canadian operators in the countries that make up the South American Cordillera. Their order or ranking is based on market capitalization as of May 27.The list encompasses those companies with open-pit or underground mines in Argentina, Bolivia, Chile, Ecuador and Peru.Commodities include copper, gold,...Read More

Dundee Precious Metals (TSX: DPM) will add its first project in the Americas to its portfolio by acquiring all the shares it doesn't already own in junior miner INV Metals (TSX: INV), which owns the advanced-stage Loma Larga gold project in southern Ecuador.As part of the deal, Dundee will buy each of the issued and outstanding common shares of INV Metals it does not currently own for 0.0910 of...Read More

Goldsource Mines (TSXV: GXS) is rapidly advancing the Eagle Mountain project in Guyana, the country's second-largest undeveloped gold deposit, CEO Steve Parsons tells The Northern Miner in an interview.On February 22, the Canada-based company published a new National Instrument 43-101 resource estimate update on the project, essentially doubling the indicated and inferred resource categories to ju...Read More

President Jair Bolsonaro of Brazil promised the Yanomami indigenous people that he would respect their wishes to keep mining out of their reservation in the Amazon, though he still plans to use other indigenous lands for commercial agriculture and mining.In a video released late on Sunday, the former Army captain is seen talking to indigenous leaders in Maturac??, an Amazon village at the western...Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationWhile the bill enjoyed widespread support among opposition parties, senator Isabel Allende of the Socialist party voted against its implementation along with two other opposition senators on theRead More

Dear Outsider,I want to take a few words to remember those who made the ultimate sacrifice. Without them, we wouldn't have the privilege of living in the greatest country in the world. And to all the military families and veterans out there, we thank you.I come from a military family (go Navy!). My great grandfather left Princeton to drive ambulances for the French army in World War I and then fou...Read More

For months, human traffickers beat and drugged Blessing, hauling the 27-year-old from one gold mine encampment to the next, where each night she was forced to sleep with dozens of men for less than $2 a person.The madam who lured Blessing to the landlocked West African nation of Burkina Faso with promises of a hair salon job, threatened to kill her if she tried to run away."Nobody comes to your re...Read More

For months, human traffickers beat and drugged Blessing, hauling the 27-year-old from one gold mine encampment to the next, where each night she was forced to sleep with dozens of men for less than $2 a person.The madam who lured Blessing to the landlocked West African nation of Burkina Faso with promises of a hair salon job, threatened to kill her if she tried to run away."Nobody comes to your re...Read More

(IDEX Online) - A bride-to-be was reunited with her engagement ring, after a diver armed with just a snorkel and an underwater metal detector found it at the bottom of a lake.The white gold and diamond ring slipped from her finger as she sat on a jetty on the shores of Windermere, the largest natural lake in England.Volunteer Angus Hosking, a freediver who regularly clears litter from the lake, of...Read More

(IDEX Online) - Lab grown company Aether says it has become the world's first diamond producer to receive vegan certification.Vegan Action now guarantees that diamonds made by the New York-based company "do not contain animal products or by-products and have not been tested on animals".Aether does not indicate in its press release what steps it took to ensure no animals were harmed in the man...Read More

A new strategic partnership and equity investment by Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) into Orefinders Resources (ORX: TSXV) and Mistango River Resources (CSE: MIS) will allow the two Canadian juniors to "unlock the full potential of their assets," says Stephen Stewart, CEO of Orefinders and chairman of Mistango.Under the proposed partnership agreement, Kirkland Lake Gold has...Read More

Dividends and share buybacks become much more critical for creating value for shareholders.Read full newsRead More

Becoming a payment facilitator, like operating a gold mine, is a complex process.Read full newsRead More

Becoming a payment facilitator, like operating a gold mine, is a complex process.Read full newsRead More

For the past 22 years, every time the stock market whimpered, wheezed or whined, the Federal Reserve rushed to soothe the spoiled crybaby. There are two consequential results of the Fed as savior:1. The Fed has perfected moral hazard: everyone from the money manager betting billions to the punters gambling their stimmy money is absolutely confident I can’t lose because the Fed will always pu...Read More

A dozen clandestine miners died when a makeshift gold mine collapsed in the north of the Democratic Republic of Congo, UN radio Okapi reported Monday.Read full newsRead More

The U.S. Senate Finance Committee advanced legislation on Wednesday that would boost electric vehicle tax credits to as much as $12,500 for EVs that are assembled by union workers in the United States.Read full newsRead More

When China's Zijin Mining paid $1 billion to buy an extensive gold mine in the Colombian Andes in late 2019, security risks were a top concern, despite an operation by the military which had beat back illegal miners.The company's pre-deal jitters were warranted: illegal extraction by wildcat miners in tunnels either within or adjoining its concession has shot up since the operation'...Read More