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

Another five injured after plant collapseRead full newsRead More

Underground drilling at the Island Main zone, completed off of the 840-level exploration drift, expanded high-grade gold mineralization by up to 200 metres to the east of existing reserves, in a 300-metre gap between reservesRead full newsRead More

Copper rallied to an almost 10-year high on the London Metal Exchange, rising to US$9,187 per tonne in early trading, the highest point since September 1, 2011, Marex Spectron's Anna Stablum said.It closed up 2.08% to $9,132.50/t.Nickel also touched $20,010/t, a level last seen in May 2014, Stablum said, before closing down 0.55% to $19,457.25/t.Meanwhile the gold price rose back above $1,800 an o...Read More

Norilsk blamed the accident, which occurred at one of its plants in Arctic Siberia 4.Read More

(IDEX Online) - A billionaire with diamond and copper interests in Congo reportedly had his assets unfrozen in the final days of the Trump administration.Israeli Dan Gertler, 47, (pictured) had long been accused of striking corrupt deals in the country, and in 2017 he had his US assets frozen.But in a surprise move he reached a one-year agreement with Trump's treasury secretary to unlock thos...Read More

(IDEX Online) - Boaz Moldawsky has been elected as new president of the Israel Diamond Exchange (IDE).He will take over from Yoram Dvash, who stood down after five years in office to focus on his role at the helm of the World Federation of Diamond Bourses.Mr Moldawsky, 54, (pictured) a former vice president of the IDE, emerged yesterday as winner of a tense election, which went to a second round o...Read More

Hot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliHudbay had $1.1 billion of debt at the end of 2020 and $439 million in cash. In September, 2020, Hudbay completed an issuance of $600 million of 6.Read More

Azure's Western Australia nickel success could get golden hueSPONSOREDazure mineralsAuteco has the right ingredients with PickleSPONSOREDauteco mineralsHot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliEnvironmental and social governance (ESG) is critical to the success of miningSPONSOREDonyen corporationHowever it flagged an issue at Pampacancha in Peru, where new COVID-19...Read More

Initial assays from the first drill program on the Warintza West zone at Solaris Resources' (TSX: SLS; US-OTC: SLSSF) flagship Warintza project in Ecuador were "so exciting," says President and CEO Daniel Earle, that the company doubled the number of drill rigs from six to 12 rigs."We made the new discovery with the very first hole of the program," Earle said in an interview. "Not only that, but a...Read More

Azure's Western Australia nickel success could get golden hueSPONSOREDazure mineralsAuteco has the right ingredients with PickleSPONSOREDauteco mineralsHot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliEnvironmental and social governance (ESG) is critical to the success of miningSPONSOREDonyen corporationWhat's happened over the past two years in iron ore is case study of su...Read More

Hot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliAuteco has the right ingredients with PickleSPONSOREDauteco mineralsAzure's Western Australia nickel success could get golden hueSPONSOREDazure mineralsEnvironmental and social governance (ESG) is critical to the success of miningSPONSOREDonyen corporationThe holes returned long intervals of high-grade mineralisation from sur...Read More

PUBLISHER'S NOTE: Good afternoon, my name is Brian Hicks. I'm one of the co-founders here at Angel Publishing, which, as you may know, is the publisher of Outsider Club and its premium services.Today, I'm pleased to announce the addition of a new contributor to the Outsider Club team. His name is Luke Burgess.Luke has been with me since the beginning of Angel Publishing. Seventeen years ago when A...Read More

The Bretton Woods conference of 1944 set the global financial system that still prevails today. The period 1969-1971 can be regarded as the First Reset, which involved the creation of Special Drawing Rights (SDR, ticker:XDR), the devaluation of the dollar and the end of the gold standard.For years, commentators (myself included) have discussed the next global monetary realignment, which is sometim...Read More

Underground drilling at the Island Main zone, completed off of the 840-level exploration drift, expanded high-grade gold mineralization by up to 200 metres to the east of existing reserves, in a 300-metre gap between reservesRead full newsRead More

The Mensin Gold Bibiani Mines has Introduced Chifeng as New Owner to the Sefwi Anhwiaso Traditional Council, subject to the approval of the Government of Ghana.Following the announcement by Resolute Mining Limited at both the Australian and London Stock Exchanges on the sale of the Bibiani Mine to Chifeng on 15 December 2020, Mensin Bibiani Mines announced for the information of their stakeholders...Read More

Copper closed up 4.36% to US$8,946.75 per tonne on the London Metal Exchange.Inventories of copper in warehouses registered with the LME are near 2005 lows at 75,700t, Reuters reported.Copper majors made strong gains and reached one-year highs on Friday.Freeport-McMoRan jumped 9.81% in New York to close at $37.49, having reached a 52-week peak intraday of $37.68.Chile-focused producer Antofagasta...Read More

(IDEX Online) - Jewelry retailers in China are expanding their operations as post-pandemic sales surge.Chow Tai Fook opened 543 new stores in the second half of 2020, a sign of its confidence in the post-Covid recovery.  It now has of 4,442 retail outlets and saw sales volumes increased by 17.5 per cent in the fourth quarter.Lukfook recorded a net increase of 225 mainland stores in the year,...Read More

(IDEX Online) - Alrosa says it has allocated $11.5m this year towards a social fund for residents in Yakutia (Republic of Sakha), one of its main areas of operation.The money will go towards building new cultural, educational, healthcare, and sports facilities, as well as environmental protection.The Russian state-owned miner, which has open-pit, underground mining and alluvial operations in the r...Read More

(IDEX Online) - The growth in sales of US watches and jewelry slowed markedly in December. It was still up 11.5 per cent year-on-year, but the rate of increase is down from its peak of 16.7 per cent in September. In addition, the November figure has been revised significantly down from 16.6 per cent to 13.6 per cent, based on actual through-the-till transactions rather than estimates. As a result,...Read More

The S&P/TSX Composite Index fell 75.93 points (0.41%) to finish the Feb. 15-19 trading week at 18,384.27. The Global Base Metals Index rose 10.2% to 169.75 and the Global Mining Index gained 2.1% to 108.27. Spot gold fell US$39.70 per oz. (2.2%) to US$1,784.60 per oz., and the S&P/TSX Global Gold Index dropped 7.5% to 281.01.Teck Resources' Class A common shares jumped $4.01 to $32.97. The company...Read More