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

Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalHot Chili rises to the topSPONSOREDhot chiliMarimaca timing its run to meet resurgent demand for copperSPONSOREDmarimaca copperFilo del Sol copper-gold-silver advanced explorationSPONSOREDfilo miningThe success of the current campaign, including a highlight of 942m grading 0.42% copper, 0.32 gram...Read More

Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalHot Chili rises to the topSPONSOREDhot chiliMarimaca timing its run to meet resurgent demand for copperSPONSOREDmarimaca copperFilo del Sol copper-gold-silver advanced explorationSPONSOREDfilo miningChile's mining and energy minister Juan Carlos Joblet made a strong investment case for Chile, the...Read More

Piedmont Lithium (NASDAQ: PLL; ASX: PLL) has raised US$122.5 million in a public offering, issuing 1.75 million of its American Depository Receipts (ADS) with each ADS representing 100 of its ordinary shares at a price of US$70 per ADS. The Australian junior will use the proceeds to continue the development of its 100%-owned Piedmont Lithium project, an integrated spodumene-to-lithium hydroxide...Read More

Miner Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) expects its Detour Lake open pit mine in northern Ontario to reach a gold output rate of 900,000 oz. a year by 2032, based on the company's latest life-of-mine plan for the asset.This technical report also forecasts average production of 680,000 to 720,000 oz. a year between 2021 and 2024, increasing to 800,000 oz. in 2025, as announced earlie...Read More

With a prefeasibility study expected for the Red Chris mine in B.C. by the end of September, Australia-based operator Newcrest (TSX: NCM; ASX: NCM) has released an updated resource for the project.Newcrest is looking at the possibility of developing an underground block cave operation under the exiting pit at the joint venture property where the gold-copper-silver producer is the operator and hold...Read More

The Democratic Republic of the Congo (DRC) has officially begun operations at Entreprise G?(C)n?(C)rale du Cobalt (EGC), a state-owned company with monopoly rights to the purchase and sale of the country's hand-mined cobalt.EGC is a wholly owned subsidiary of state-miner G?(C)camines. It was created a year ago to help control artisanal supplies and boost government revenue through price controls,...Read More

Vale (NYSE: VALE) has concluded the sale of its nickel and cobalt operations in New Caledonia, a French territory in the Pacific, to a consortium called Prony, which includes commodity trader Trafigura.While the Brazilian miner did not disclose the exact terms of the deal, it said that US$1.1 billion will be invested in the New Caledonia assets, with US$555 million coming from its subsidiary Vale...Read More

Osisko Development Corp.'s (TSXV: ODV) $100 million private placement in December, raised to further the development of its Cariboo gold project in British Columbia, closed out a year of increased private placement financings in the mining sector and on the broader Toronto Stock Exchange and TSX Venture Exchange.The year started out with a smattering of private placements from SilverCrest Metals (...Read More

Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalHot Chili rises to the topSPONSOREDhot chiliMarimaca timing its run to meet resurgent demand for copperSPONSOREDmarimaca copperFilo del Sol copper-gold-silver advanced explorationSPONSOREDfilo miningWith a resource defined and an initial development plan scoped out, Chile's state copper company C...Read More

Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalHot Chili rises to the topSPONSOREDhot chiliMarimaca timing its run to meet resurgent demand for copperSPONSOREDmarimaca copperFilo del Sol copper-gold-silver advanced explorationSPONSOREDfilo miningThe company says its due diligence has highlighted the potentially superior returns achievable thr...Read More

In less than 24 hours, the attack will be on.The target: gold.Gold prices are set to post their worst quarterly losses since at least 2016.And the gold haters are set to have a field day with new fodder.Spot gold was trading at just around $1,685 an ounce this morning. That's about $200 (10.5%) lower from where gold started in January - and represents one of the largest first-quarter fumbles for g...Read More

Production to resume at Oktyabrsky early MayRead full newsRead More

Golden Mile hits thick high grade gold at 'Benalla' project, shares fly Gold mine developer West Wits gets crucial environmental ... Read More The post ASX Resources Top 5: Gold hits, important deals and a couple of 13-baggers appeared first on Stockhead.Read full newsRead More

Confident of 'secret sauce' in DRCRead full newsRead More

PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company") today announces it plans to issue its Fiscal Year 2020 earnings press release on Tuesday, April 6, 2021, after U.S. markets close, commensurate with the filing of its financial results.The Company will also host a conference call and webcast on Tuesday, April 6, 2021 at 5:00 p.m. ET to review its operational and...Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) ("Venzee" or the "Company") a smart tech platform that automates the distribution of consumer-facing product information to retailers, announces the April 6 release of Version 2.11 of its proprietary Mesh Connector?,,? technology.Venzee's Mesh Connector?,,? product is a one-to-many solution that provides brands with an automated connection to...Read More

The unsecured facility was teed up with a group of international banks and guaranteed by certain operating units, the gold miner said.The margin under the loan was directly linked to Nordgold's EcoVadis ESG rating."We are making significant strides in rapidly advancing our ESG performance, not least having recently committed to achieving net zero CO2 emissions by 2050, in support of the objectives...Read More

Some pundits have pointed the finger at Bitcoin's growing appeal, others cite the strengthening US economy and yields and the rollout of COVID-19 vaccines denting gold's safe-haven allure.Gold was worth about $1,685/oz on the spot market at the time of writing.It had dipped to $1,677/oz earlier this month, $100/oz above the low point of 12 months ago but well off the all-time high above $2,000/oz...Read More

The generous dividend payment compared with 2019 was reflective of strong copper and zinc prices at the end of last year and into 2021, according to chief executive Nigel Robinson.Read More

(IDEX Online) - The largest Kashmir sapphire ever to appear at auction - a 55.19-carat oval gem - is being offered for sale by Sotheby's Geneva.It features in a 1930s Cartier sapphire and diamond brooch alongside another sapphire, weighing 25.97 caratsThe piece belonged to the flamboyant Anglo-Irish socialite Maureen Constance Guinness, Marchioness of Dufferin and Ava, who died aged 91 in 199...Read More