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

Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(TSXV: SSVR, OTCQB: SSVRF, Frankfurt: 48X) has commenced an over-10,000-metre drill program at the Hughes property near Tonopah, Nev. The program will consist of both reverse circulation (RC) and core drilling. An RC rig is currently in full operation on the project and two additional core rigs are scheduled to arrive within...Read More

Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company"), will partner with the Worldwide Asset eXchange Blockchain ("WAX"), on the launch of an NFT-based collectible card game titled Bud Farm Nifty Stash (the "Partnership").Bud Farm Nifty Stash will be the newest launch from the Bud Farm universe by LDRLY, and the first NFT-based game for LDRLY and the LEAF group. This collectible c...Read More

Marex Spectron's Anna Stablum said last week's commodity price rises were due to the US dollar posting the biggest weekly drop since the week ended December 18.Copper rose a further 1.7% on the London Metal Exchange to US$9,384.25 per tonne yesterday, nearing a 9.5-year high reached in February, amid improving economic optimism.However nickel was lower as security concerns resurfaced in relation t...Read More

Pilbara iron ore shipments on a 100% basis rose 7% to 77.8 million tonnes, just shy of Macquarie's forecast of 78.7Mt.Read More

The Liebherr-family owned business this week reported a 9.8% year-on-year dip in mining turnover to €964 million (US$1.1 billion) compared with last year's €1,069 million.Group sales across 13 product segments totalled €10,341 million in 2020, versus €11,750 million in 2019 - the highest level in five years.The Asia/Oceania region accounted for 60.8% of Liebherr's min...Read More

Share this article The Mining Association of Canada (MAC) welcomes several expanded and refined measures proposed in Budget 2021 to help position Canada for success on the "Mines to Mobility" pathway.Designed to support the establishment and growth of a domestic battery electric vehicle (BEV) supply chain, Budget 2021's proposed expansion of the Strategic Innovation Fund - Net Zero Accelerator to...Read More

(IDEX Online) - A 100.94-carat D-color IF diamond - the largest stone ever cut in Russia - is to be auctioned by Christie's Geneva with a high estimate of $18m.The "Spectacle" (pictured) was cut from a 207.29-carat rough stone unearthed in 2016 at the Zarnitsa kimberlite pipe in the Sakha Republic (Yakutia) - Russia's first ever diamond mine. The Diamonds of Alrosa factory, Moscow,...Read More

(IDEX Online) - A ground-breaking jewelry ad that follows a young Indian boy as he transitions to a woman, with his family's support, has been widely praised.Milestones in her journey are accompanied by gifts of jewelry from the anklets and earrings she receives as a child to a joyous wedding ceremony.The one minute 40 second video, entitled Pure as Love, is a marked departure from traditiona...Read More

(IDEX Online) - Mountain Province Diamonds reported a 13 per cent drop in Q1 sales, but said prices were almost back to pre-Covid levels and it could see a "path to a return to normalcy".The Canadian miner sold $42.7m, compared with $49.2m in the same quarter of 2020, which was largely unaffected by the pandemic.A total of 602,773 carats were sold during the quarter, for an average value of $71 pe...Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe mining major today separately highlighted its exploration focus on copper, with the red metal reaching a nine-year high recently on the back of strong demand in China and ongoing disruptions to mine and scrap supply.Rio's initial 2021 programme at Solwezi was expected to include drilling at the Mitu...Read More

Are mining companies being held back by their board composition? SPONSOREDswannEmmerson's premium offeringSPONSOREDemmerson plcAlto emerging on song at SandstoneSPONSOREDalto metalsReady for development copper-gold projectSPONSOREDjosemaria resources incPilbara iron ore shipments on a 100% basis rose 7% to 77.8 million tonnes, just shy of Macquarie's forecast of 78.7Mt.Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationToronto-listed Turquoise Hill Resources (TRQ), which owns 66% of the mine and is in turn owned 50.8% by Rio, said cross-border concentrate shipments into China had partially resumed in mid-April.Oyu Tolgoi had declared force majeure in March in connection with customer contracts for concentrate, when shipment...Read More

After years of neglect, uranium stocks have been enjoying time in the sun. What's interesting is that today's spot price of US$30 per lb., while considerably higher than it's multi-year low in 2016 of US$18 per lb., is still below the level needed for most producers to make a profit and well below that needed to incentivize new mine construction. There's no question that positive sentiment has b...Read More

This week's episode features an in-depth interview with CPM Group managing partner Jeffrey Christian on his view of the commodities 'supercycle' narrative, as well as copper, palladium and macroeconomics in general. Jeffrey was previously the head of commodities research at J. Aron & Company, which was acquired by Goldman Sachs, and formed CPM Group through a management buy-out of the commodities...Read More

Vale (NYSE : VALE) has inked a deal to acquire Mitsui & Co's stake in the Moatize metallurgical and thermal coal mine and port project in Mozambique, as the Brazilian miner works to exit the fossil fuel and become carbon neutral by 2050.The company is buying the 15% interest in the venture held by Japanese trading company Mitsui for a token fee (US$1), as well as Mitsui's interests in the Nacala L...Read More

Alamos Gold (TSX: AGI; NYSE: AGI) is seeking to obtain more than US$1 billion from Turkey for what it deems as "unfair and inequitable treatment" of its Kirazli gold project, which has been halted since 2019 following protests and the expiration of the mining permit.The Toronto-based miner and its Netherlands units, which have had an active presence in Turkey since 2010, said the claim will be fi...Read More

Duterte signed Executive Order 130 on April 14, signalling an end to the moratorium implemented under 2012's Executive Order 79.Read More

Have you been seeing what's going on in the market lately?More specifically, what's been going on in the fuel cell sector?Since the start of 2021 stocks have been on a rollercoaster ride that is making some investors nauseous.The S&P 500 and Nasdaq have been reaching all-time highs at what seems like a weekly basis followed by days of volatility.Even crude oil prices had been recovering steadily a...Read More

Gold futures ended higher on Friday for a second straight day, with bullion posting its sharpest weekly percentage rise of the year.Read full newsRead More

Mining giant Rio Tinto Plc has tried for more than a quarter century to launch Arizona's Resolution copper project, which would be one of the world's largest underground mines.Read full newsRead More