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

The LME aluminium price has risen 25% since the beginning of October, with the metal currently trading at about US$2,150/t.Read More

Mantashe was addressing a panel discussion hosted by Fasken Law ahead of the Prospectors and Developers Association of Canada's 89th annual event this month, which is being held digitally for the first time due to the COVID-19 pandemic.Mantashe acknowledged South Africa's slide in terms of luring investors according to the Fraser Institute's annual survey of mining companies released last week.&nb...Read More

Share this article Pure Gold Mining Inc. [TSXV-PGM; LSE-PUR] provided an update on commissioning and ramp-up activities at its high-grade PureGold Mine in Red Lake, northwestern Ontario.Since pouring first gold in December 2020, commissioning at the mine has transitioned to full scale ramp-up of mining and milling operations with approximately 260 persons employed at the mine site.Performance has...Read More

(IDEX Online) - Almost one in three brides-to-be (32 per cent) were disappointed by their fiance's choice of engagement ring, says a new study. More than one in 10 either said they'd been hoping for a larger diamond or had been hoping for something a little more unusual.Almost half (46 per cent) of the British women surveyed for Hatton Garden jeweler Queensmith said they'd have...Read More

(IDEX Online) - Alrosa reported a 49 per cent fall in profits last year as the pandemic hit demand and forced the closure of its less profitable mines.But Q4 showed strong indications of a recovery, with revenue, earnings and profit all significantly up.The Russian state-owned miner saw 2020 profits tumble from $850m to $432m and output was down 22 per cent to 30m carats.It said increased sales in...Read More

(IDEX Online) - Sarine turned a $1.4m loss for 2019 into a $2.4m net profit for 2020, even though the pandemic saw revenue drop by a fifth. Sales of its diamond scanning machines and software were badly hit by four months of manufacturing lockdowns in India and nine months of restrictions on retail diamond sales globally.But the Israel-based company said it had operated profitably by taking s...Read More

(IDEX Online) - A dedicated "Made in India" page on eBay is being created to boost the country's global sale of gems and jewelry.It's part of an agreement between the trade body GJEPC - Gem & Jewellery Export Promotion Council - and an Indian eBay subsidiary.The aim is to help consumers find goods from India all together in one place.The eBay subsidiary ES Online Services will provid...Read More

Hot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliDetailed mapping and geophysics is planned for the first half of 2021 in advance of first-pass drilling, with assay results pending for mapping and soil geochemical work already completed in December and January across Santiago Z.The Santiago Z ground is primarily contained within exploration leases privately held by the same Chi...Read More

Look beyond market approach to project valuations: van ZylLeadershipAuteco has the right ingredients with PickleSPONSOREDauteco mineralsAzure's Western Australia nickel success could get golden hueSPONSOREDazure mineralsHot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliThe company said yesterday it had issued about 9.4 million units priced at $3.30 per unit.It also said Gree...Read More

Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) chairman Simon Thompson became the latest high-profile executive to announce his departure amid backlash for the company's destruction of two 46,000-year-old rock sacred shelters in Western Australia last year.Thompson, a former geologist and investment banker, said on March 3 that he will not seek re-election as a director at the 2022 annual general mee...Read More

Golden Predator Mining (TSXV: GPY) has entered into a definitive arrangement agreement to acquire Viva Gold (TSXV: VAU) - bringing together Golden Predator's past-producing Brewery Creek mine, 55 km from Dawson City in the Yukon and Viva's Tonopah gold project in Nevada. Both development assets feature near-surface resources that appear to be suitable for heap leach extraction."This transaction br...Read More

With a listing on the Toronto Venture Exchange in the works, Tier One Silver has raised $13.5 million for exploration at its flagship Curibaya silver-gold project in Peru.The junior, along with another Peru-focused explorer, Sombrero Resources, was spun out of Auryn Resources when that company merged with Eastmain Resources to create Fury Gold (TSX: FURY) in October.The private placement of 13.45...Read More

First Majestic Silver (TSX: FR; NYSE: AG) has initiated arbitration proceedings against the government of Mexico, which is seeking more than US$500 million from the company in allegedly owed taxes.The Canadian miner had warned the L??pez Obrador administration last year of its intention to ask the International Centre for Settlement of Investment Disputes to settle the dispute. First Majestic...Read More

Junior Mason Graphite (TSXV: LLG) has provided an update on testing of lithium-ion prototype battery cells made with graphite sourced from its Lac Gu?(C)ret deposit, 660 km north of Montreal.The cells, which contain coated spherical purified graphite made at pilot-scale facilities located in Quebec City, have completed 800 charge/discharge cycles while retaining 82% of their initial capacity."Whil...Read More

We celebrate the vernal equinox (Latin literally for "new equal night") on Saturday, March 20, when days and nights are of equal length. From an astronomical perspective, the Northern Hemisphere celebrates the start of spring.Actually, the start of spring is far from clear-cut. For a start, the equinox varies from a day earlier than this year's date to a day later, and spring began at the start of...Read More

Thompson will not seek re-election as a director at the 2022 annual general meetings. Thompson, a former geologist and investment banker, joined the board of Rio in 2014 and became chairman in 2017.Read More

More than 25% of all U.S. dollars in circulation right now were printed in the past 12 months.Think about that for a moment...For every three dollars that existed this time last year, four are now in circulation.And that's not even considering the broadest definition of money. As measured by M1, the Federal Reserve has increased the supply of greenbacks by 350% in the past year!U.S. Dollar Supply...Read More

After World War II, as the economy was converted from a garrison state to meet civilian needs, economists predicted dire times.Just as after World War I, conventional academic wisdom saw no upside to the end of wartime spending that, according to academic legend, ended the Great Depression.A sweeping Republican victory in the Congressional election of 1946 had ended the economic regime of wartime...Read More

Comet Resources Limited (Comet or the Company) (ASX: CRL) is pleased to announce that it has contracted Airborne Geo Exploration Pty Ltd (AirGeoX) to complete an aeromagnetic survey of its Barraba Copper Project located in north-east NSW.Read full newsRead More

NV Gold Corporation is pleased to announce that the Company has cRead full newsRead More