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

Trident aims to fill valuable nicheSPONSOREDtrident royaltiesThe PEA outlines annual production of 95.9 million pounds of copper and 99,900 ounces of gold, or 155.9Mlb copper-equivalent, for 22 years following a US$1.Read More

The S&P 500 closed up 0.74% to 3,915.59 as optimism grows around an economic stimulus package and vaccine roll-out.Bitcoin gained more than 14% to also reach a record high as Tesla said it had invested US$1.5 billion and would soon accept the digital currency as payment for its electric vehicles.Gold was slightly higher than this time yesterday at $1,830 an ounce on the spot market.Base metals...Read More

Severstal said the move was in line with its commitment to the Paris Agreement goals, and also followed the objectives of Russia climate regulation.Read More

Revenue of A$124.3 million in the first half of FY2021 was down 3% on the same period in FY2020.EBITDA rose 6% to $33.1 million, while cash from operations jumped 33% to $33.2 million.Net profit after tax for the FY21 first half dropped 26% to $13.5 million due to higher depreciation and amortisation charges relating to additional assets to support increasing demand for gyro-related technologies a...Read More

(IDEX Online) - The global diamond industry proved resilient in 2020, despite a 20 per cent drop in rough production and a fall of 15 per cent in diamond jewelry sales. And it is poised for recovery in 2021.Those are among the key findings of the comprehensive 54-page Tenth Annual Global Diamond Report 2020-2021, published today by the business consultants Bain & Company and the Antwerp World...Read More

(IDEX Online) - Tiffany & Co has reportedly told its 5,000 US workers they must start working two days a week on site, from 1 March.The French luxury conglomerate LVMH, which completed its acquisition of the New York-based jeweler last month, wants to bring it in line with the hybrid working schedule operated at its other interests."It's critical at this time of change that we adopt a hyb...Read More

(IDEX Online) - The sale of Ekati, Canada's first diamond mine, has been completed.Troubled owners Dominion, the world's third biggest supplier of diamonds by carat, sold the mine and associated assets to Arctic Canadian Diamond Company.The new company has been established by DDJ Capital Management and Brigade Capital Management, representing holders of Dominion's second lien notes....Read More

Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesEnvironmental and social governance (ESG) is critical to the success of miningSPONSOREDonyen corporationFor investors, the situation can be described as an opportunity to "buy the dip" or to si...Read More

After completing a Plan of Arrangement with Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) in January, Monarch Mining (TSX: GBAR) is now working to advance spin-out assets within the new company. Monarch has released an updated resource estimate for the McKenzie Break property in Quebec, 25 km north of Val-d'Or.Pit-constrained indicated resources at the site total 1.4 million tonnes grading 1.8 grams...Read More

Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) has released new assay data for three drillholes completed on section 19925 as the company moves towards a tighter drill spacing along the LP fault at its Dixie gold project in Red Lake, Ontario.The drill highlights included 18.2 metres of 13.38 grams gold per tonne from bedrock surface; and 16.5 metres of 4.9 grams gold per tonne and 57 metres of 4....Read More

Well-known as a store of value, precious metals are a particularly appealing investment during times of uncertainty. This appeal, combined with recent upward price moves, makes companies in this space an appealing investment. Below, we profile eight explorers and developers with exposure to gold and other precious metals.Kore MiningKORE Mining's Imperial gold property in southeast California. Cred...Read More

Mongolia's government is said to be actively seeking to cancel a deal with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) governing a US$6.75 billion expansion of the Oyu Tolgoi copper mine in the Gobi desert, as it looks to replace it with a new agreement.Rather than acting unilaterally, which would risk future foreign investment projects, local authorities have suggested Rio Tinto mutually terminate...Read More

Canadian public companies will have a year to get in line with new, tougher board gender diversity guidelines from leading proxy advisory firms or face a withhold vote against the chair of their nominating committee.As of Feb. 1, 2022, Institutional Shareholder Services will expect S&P/TSX Composite issuers to have at least 30% women board members, or a written gender diversity policy with a commi...Read More

An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.Read full newsRead More

Gold, which last week plunged below $1,800 an ounce, was worth $1,818/oz at the time of writing.Among the market movers, dual-listed SolGold closed down 16.3% in London (LSE: SOLG) after announcing it was delaying the prefeasibility study for its Alpala project in Ecuador again.It said the revised PFS covering the entire Cascabel concession needed more work "to sufficiently address a number of min...Read More

(IDEX Online) -  BlueRock says it sold an exceptional 14.8-carat diamond for $167,000 - equating to $11,300 per carat, as bidding returned to pre-Covid levels.The UK-based miner, which reports all stones over $50,000, also sold a 12.8-carat diamond in December 2020 for $76,000, as well as an 8.7 carat diamond for $37,000.It said recent high-value gems at its Kareevlei mine, in the Kimberley r...Read More

(IDEX Online) - Botswana must end its dependence on diamonds and diversify into gold, metals, coal and other commodities, says it president, Mokgweetsi Masisi. After a year in which rough exports were badly hit by Covid travel bans and depressed demand, he said it was "more imperative than ever" that the nation exploit its other natural reserves.Exports by Debswana, which controls most of Bot...Read More

(IDEX Online) - Diamond billionaire Beny Steinmetz is facing civil court action in a row over mining rights in Guinea - for which he was sentenced to five years in jail earlier this month.A Swiss court convicted him of paying $8.5m in bribes to an ex-wife of the former president, to secure iron ore rights for the BSGR Group (Beny Steinmetz Group Resources).Steinmetz, 64, (pictured) who holds Frenc...Read More

The Roraima state bill legalizing garimpo prospecting, if signed into law by the governor, could put the Yanomami reserve and other Indigenous territories at greater risk of invasion and COVID-19 infection.Read full newsRead More

Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF) is pleased to announce that it has completed its previously announced acquisition (the "Acquisition") of East Side Games Inc. ("ESG")."We are tremendously excited to officially welcome East Side Games, a leading Canadian publisher and developer of mobile games, to the LEAF Mobile family," said Darcy Taylor, Chief Executive Officer of LEAF Mobile Inc....Read More