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

If three's a trend, then copper producers awash with cash after a doubling of prices are entering the next phase of the cycle: increased fiscal pressure from their host nations.Read full newsRead More

LUNDIN GROUP PANELRead full newsRead More

U.S. Department of Energy Announces Goal to Cut Solar Costs by More Than Half by 2030Read full newsRead More

KORE Mining Ltd. (TSXV: KORE) (OTCQX: KOREF) (Read full newsRead More

Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) is pleased to announce that Jim MacCallum has been appointed Chief Financial Officer (CFO). Jim will be responsible for treasury, accounting, financial reporting and governance for LEAF and its subsidiaries."We are excited to have Jim join the LEAF team, he complements our strong performance-oriented culture, and we believe his impressive reputation for...Read More

The company has signed a three-year, A$1.4 billion syndicated performance bond facility, which executive chairman Juan Santamaria said reflected its "strong financial position" and growing order book. He said the bond would give its clients the confidence it could meet its contractual obligations. The company didn't provide any detail on the financial terms of the funds. In February...Read More

Share this article TORONTO - Donlin Gold LLC, an entity owned equally by Barrick Gold Corp. [ABX-TSX; GOLD-NYSE] and Novagold Resources Inc. [NG-TSX, NYSE American], has released the last set of assay results from a successful 2020 drilling program targeting their Donlin Creek Gold Project in Alaska.Barrick CEO Mark Bristow said the results that Barrick and Novagold have been sharing over the...Read More

Australia's Vital Metals (ASX: VML) is getting ready to kick off mining operations at its Nechalacho rare earths project in Canada's Northwest Territories, which will make it the country's first producer of the elements used in magnets for electric vehicles, aerospace, defence and electronics.The Sydney-based company, which will also be the second rare earths miner in North America, said that the...Read More

Barrick (TSX:ABX; NYSE:GOLD) has released results from the remaining 30% of the 2020 drilling program at the Donlin gold project in Alaska. Both the grade and thickness of the intercepts were higher than predicted.The data collected also resulted in an better understanding of the controls on mineralization.Drill collar locations of the five best recent holes at Donlin. Credit: Barrick Gold.The fiv...Read More

Cantex Mine Development (TSXV:CD) says drilling continues to define a high grade lead-zinc-silver system at the North Rackla project in Yukon. The system is said to have similarities to Broken Hill Type (BHT).In the GZ zone 550 metres southeast of the high grade Extension sector, hole YKDD20-177 intersected 7.3 metres of 24. 5% zinc, 5.4% lead and 104 grams silver per tonne beginning at 46.1 metre...Read More

Eloro Resources (TSX-V:ELO; OTCQX:ELRRF; FSE:P2QM) has raised $25 million for mineral exploration in Bolivia by issuing 6.67 million units priced at $3.75 each. Each unit consists of one common share and one-half of one common share purchase warrant. The warrants are exercisable to acquire shares at a price of $5.25 for a period of 24 months.The offering was underwritten on a bought deal basis by...Read More

With potential to further advance the Fenelon gold project in Quebec, Wallbridge Mining Company (TSX:WM) has announced a bought deal financing worth $17.4 million. Proceeds are to be used exploration at the property this year.Core from the Tabasco zone of the Fenelon project grading 22.73 grams gold per tonne uncut from hole FA-19-086. Credit: Wallbridge Mining Company.The company is issuing 18.3...Read More

Nova Resources, the consortium bidding to take copper miner KAZ Minerals (LON: KAZ) private has increased its offer by 9% to ?4.02B ($5.5 billion), after minority shareholders said they would reject earlier proposals for being too low.Nova, which is controlled by KAZ chair Oleg Novachuk and billionaire Vladimir Kim, said it would pay 850 pence per share plus a special dividend, which lifts the to...Read More

Piedmont Lithium (ASX: PLL) has closed a public offering worth US$122.5 million. The deal consists of 1.75 million American Depositary Shares (ADS), with each ADS representing 100 of the company's ordinary shares.The proceeds will be used to continue the development of Piedmont's fully-integrated spodumene-to-hydroxide project in North Carolina, about 45 km west of Charlotte, including a definiti...Read More

Within the next few years, Talon Metals'(TSX: TLO) Tamarack nickel-copper-cobalt project in Minnesota, 210 km north of Minneapolis and 89 km west of Duluth, could be the only source of high-grade nickel in the U.S., says the company's president, Sean Werger.The only operating nickel mine in the U.S. is Lundin Mining's (TSX: LUN) Eagle mine in Michigan, which is forecast to be mined out by 2025/2...Read More

Alrosa (MCX: ALRS) announced that it made $23.9 million in three auctions dedicated to celebrating its Jubilee Auction #100.In the three events, special-size diamonds, which are gems over 10.8 carats, were auctioned. As per Russian legislation, this type of diamond must be sold at international auctions. Jubilee Auction #100 was digital with an additional option of on-site viewings in Dubai, wher...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 miningA keystone week for the project saw two big chunks come out of the US$1.Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationIt hasn't prevented their share prices from succumbing to fears that iron ore prices are headed south in a big way.Read More

Davy is modelling FY21 and FY22 annual revenues of €139.1 million and €153.7 million, respectively, after Mincon booked FY20 revenue of €129.9 million, and believes the company "should re-rate from current levels relative to peers".The stock is up 41% in the past year to €1.30, capitalising the company at €270.94 million."We still believe that the stock is good value despi...Read More

Two mass shootings in a week... America really must be feeling better.First some lunatic murders eight people across the Atlanta area, and then a second lunatic opens fire on a super market in Boulder, Colorado. These tragedies occur with such frequency I'd forgive you if you'd completely forgotten that in February, another crazed gunman attacked a health clinic in Buffalo, Minnesota, killing one...Read More