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) - Police in Brazil are reportedly investigating claims by diamond billionaire Beny Steinmetz that the mining company Vale concealed the risks of a joint multi-billion dollar deal from its shareholders.Both parties embarked on a venture in 2010 to extract iron ore for steelmaking from the vast Simandou resource, in southern Guinea.But four years later the country's government con...Read More

(IDEX Online) - Imperial sapphires and diamonds that belonged to Emperor Napoleon's adoptive daughter are to be auctioned by Christie's Geneva.Nine pieces, including a tiara, a collier, a pair of earrings, two pendants and brooches as well as one ring and one bracelet will be offered as individual lots.They were owned by Stephanie de Beauharnais, Grand Duchess of Baden, and include 38 sa...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 generous dividend payment compared with 2019 was reflective of strong copper and zinc prices a...Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationIvanhoe and partner Zijin Mining are aiming for first production in July at the project in the Democratic Republic of Congo, and Friedland said they had already sped up a phase two expansion, aiming to take annual production to 400,000 tonnes or 880 million pounds per year starting in the third quarter of 202...Read More

Growing gold miner Equinox Gold (TSX: EQX; NYSE: EQX) has announced that, in response to a request from Ecuador-focused explorer Solaris Resources (TSX: SLS), it has agreed to sell 10 million of the 27.8 million Solaris shares it currently holds at $8.25 a share. The miner will also grant the buyers, Augusta Investments (a B.C.-based corporation associated with Solaris chairman Richard Warke) and...Read More

Copper Mountain Mining (TSX: CMMC) has successfully priced US$250 million in senior secured bonds in the Nordic bond market. The five-year bonds, bearing interest at 8% per year, will mature in April 2026. The offering is expected to close on April 9.The Vancouver-based company says it plans to use the funds to refinance all existing debt, and to advance its growth projects at its Copper Mountain...Read More

This week's episode features Catherine Gignac, corporate director at Cameco, and Margot Naudie, vice president at Marret Asset Management. The trailblazers panel session took place on Feb. 24, 2021, as part of The Northern Miner's Global Mining Symposium. The panel discussed ways to make mine sites more inclusive and whether diversity quotas should be enacted at executive levels.All this and more...Read More

Osisko Mining (TSX: OSK) has reported the latest drill results from its 100%-owned Windfall gold project in Quebec's Abitibi greenstone belt, 200 km northeast of Val-d'Or and 115 km east of Lebel-sur-Quevillon.Highlights included drillhole OSK-W-20-2407-W1, which was drilled on the Underdog zone and intersected 4.4 metres grading 73.3 grams gold per tonne from 702.6 metres. Hole OSK-W-21-2460-W1,...Read More

Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) can move forward with its Florence copper in-situ project after the Arizona Court of Appeals ruled in its favour and rejected arguments made against the project by the Town of Florence. The ruling, announced on March 23, upheld the company's right to mine its private property within the town, and also awarded the company US$1.7 million in legal costs...Read More

With the release of feasibility study results on a two-pit milling operation at its Valentine project in central Newfoundland and Labrador, Marathon Gold (TSX: MOZ) sees potential to pour first gold by October 2023.The latest study presents a development scenario with two open pits at the Marathon and Leprechaun deposits and a central mill that is unchanged from the April 2020 pre-feasibility.With...Read More

Dundee Precious Metals' (TSX: DPM) latest reserve update for its Chelopech gold-copper mine in Bulgaria has increased reserves by 10% and the mine life by two years to 2029.Total proven and probable reserves are now 18.6 million tonnes grading 2.89 grams gold per tonne, 7.73 grams silver per tonne and 0.84% gold for 1.7 million oz. gold, 4.6 million oz. silver and 344.4 million lb. copper.While re...Read More

A year ago, Toronto-based Cerrado Gold (TSXV: CERT) acquired 100% of the Minera Don Nicol??s (MDN) property in southern Argentina from a group of private investors.The project, about 1,600 km southwest of Buenos Aires in the Patagonian province of Santa Cruz, has nine pits, three of which are currently in production, and about twelve high-priority exploration targets.MDN has been producing small...Read More

Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) says part of the proceeds from the recently completed US$575 million, 2.50% convertible senior notes offering will be used to accelerate the Phase 3 expansion at the Kamoa-Kakula copper mine in the Democratic Republic of the Congo. According to the company, fast-tracking additional hydropower upgrades in the DRC also is a high-priority opportunity to ensure...Read More

(IDEX Online) - The largest purple-pink diamond ever to go under the hammer could fetch as much as $38m.The "fancy vivid purple-pink internally flawless" 15.81-carat type IIa IF diamond (pictured) is the highlight of a Christie's Hong Kong live auction in May. It has a strong pink hue with a secondary color of purple and has been named the Sakura Diamond  because it perfectly matche...Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe company intercepted high-grade copper sulphide and oxide mineralisation at shallow depth on its patented mining claims as it sought to confirm historical drilling in the past-producing Helvetia region. After encouraging initial results in 2020, the company launched a larger drill programme this year and n...Read More

Make no mistake about it. The Federal Reserve has always been a political body.From its existential fight over a century ago to today, it has served the interests of politicians. It was designed to do exactly that, but not in a direct fashion.The word juggling required to hoodwink the masses has taken many forms, but the very nature of the existence of the Fed makes it inevitable.The latest hot ta...Read More

Last week's top-gaining stocks on the TSX were Fortune Minerals, Forsys Metals, Loncor Resources, Cardinal Resources and Dynacor Gold. Read full newsRead More

Final offer looks to be turning the tide, with minority RWC on boardRead full newsRead More

Trapped in flooded gold mineRead full newsRead More

Diversified producer Anglo American and Anax have signed a non-binding term sheet that involves Anglo acquiring a 1% net smelter return for US$2 million for future copper and zinc production, with theRead More