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

Vancouver, BC - Karus Gold Corp ("Karus Gold" or the "Company") is pleased to announce that it will be conducting a rights offering to holders of its common shares at the close of business on the record date of February 8, 2021 (the "Record Date"). The offering will be for 26,556,228 common shares to raise gross proceeds of CDN$3,983,434 (the "Rights Offering")The Rights Offering is being undert...Read More

Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(TSX: SSVR) OTCQB: SSVRF, Frankfurt: 48X) is pleased to announce a non-brokered private placement financing of Units of the Company (the "Units") at a price of $1.00 per Unit (the "Offering") for gross proceeds of $8,000,000. Eventus Capital Corp. and Mackie Research Capital Corp. have been appointed as finders in connection wi...Read More

New president Sadyr Japarov signs orderRead full newsRead More

Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW ) (the "Company" or "Siyata"), a leading global developer and provider of cellular communications solutions for enterprise customers, is pleased to announce it has received a US$1.4M purchase order to supply first responders with rugged handset devices. The order will be fulfilled in the beginning of Q1 this year and continue throughout 202...Read More

Nickel production increased 13% in the December quarter to 68,000 tonnes versus Q3, an improvement the company attributed to the gradual ramp-up of its Kola refinery in Russia.Read More

(IDEX Online) - A rough tender in Dubai raised almost $60m as TAGS reported "extraordinarily strong demand".It says all 87,000 carats on offer were sold during the week-long event at at the Dubai Diamond Exchange."We achieved by far the highest prices we have seen since before the COVID-19 crisis," said a spokesman for Trans Atlantic Gem Sales DMCC (TAGS).Around 150 companies, mostly from India, t...Read More

(IDEX Online) - An American rapper is to have a huge natural pink diamond, valued at $24m, embedded in his forehead.Lil Uzi Vert, 26, told fans he'd been paying for the gem - which he describes as "10 almost 11 carats" since 2017 and it was now time to have it implanted. It cost more than his Bugatti, other cars and house, he said.Vert - real name Symere Bysil Woods, from Philadelphia - expla...Read More

(IDEX Online) - There was a mixed bag of price changes in January, with more activity among rounds than fancies.  Across all cuts and sizes shown below price increases and decreases were more or less even, and in many size categories there were virtually no changes. HIGHLIGHTED CHANGESROUNDS2.00-2.99 ct. E / VVS1-VS1 +3%, F-G / VS1 +3%3.00-3.99 ct. H-M / VS2 +2.5-3.5%...Read More

Trident aims to fill valuable nicheSPONSOREDtrident royaltiesNickel production increased 13% in the December quarter to 68,000 tonnes versus Q3, an improvement the company attributed to the gradual ramp-up of its Kola refinery in Russia.Read More

Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesOceanaGold marks three decades of gold standard mining SPONSOREDoceanagoldKAZ's copper production fell less than 1% in the December quarter to 75,700 tonnes versus Q3 as a rise in output at the...Read More

Trident aims to fill valuable nicheSPONSOREDtrident royaltiesThe deal allows South32 to acquire 65% of the project by spending US$8.5 million over five years and assuming responsibility for paying 100% of the cash option payments due to the underlying owners of the project during the period.South32 can extend the agreement for one year by spending an additional $1.5 million and can acquire an addi...Read More

Trident aims to fill valuable nicheSPONSOREDtrident royaltiesThe DeGrussa operation in Western Australia produced 16,390 tonnes of copper and 9660 ounces of gold, to take half-year production to 35,790t of copper and 21,343oz of gold.The company is now targeting the upper end of guidance of 67,000-70,000t of copper and 36,000-40,000oz of gold.Trident aims to fill valuable nicheSPONSOREDtrident roy...Read More

With a long-standing history of mining, a developed regulatory regime and prospective geology, the United States is an attractive destination for companies looking to find and develop mineral deposits. Below, we present eight companies with assets in the country.Americas Gold and SilverAmericas Gold and Silver's Relief Canyon open-pit gold mine, 153 km northeast of Reno, Nevada. Credit: Americas G...Read More

Early results from the inaugural drill program at Getchell Gold's (CSE: GTCH; US-OTC: GGLDF) flagship Fondaway Canyon gold project in Nevada "exceeded expectations" says President Mike Sieb."We were thrilled with the initial drill results as the mineralisation was exactly where we had projected it to be," Sieb said in an interview. "Not only did the drilling encounter a broad zone of mineralisati...Read More

Golden Minerals (TSX: AUMN; NYSE-AM: AUMN) has poured first gold (150 gold-equivalent ounces) from its Rodeo open pit mine in Mexico's Durango state.Mining at Rodeo kicked off in mid-January after the company received the final environmental permits for the project in mid-November 2020.Mineralized material from the Rodeo mine is processed at the company's Velardena oxide plant, about 115 km away.G...Read More

The most recent set of drill results from Maritime Resources' (TSXV: MAE) past-producing Hammerdown gold project in Newfoundland and Labrador suggests a new gold-silver discovery 150 metres east of the Hammerdown deposit. In addition, infill drilling at the Wisteria zone, along the southern edge of the deposit, returned broad gold intercepts.Assays from the new discovery, along strike from Hammerd...Read More

Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesOceanaGold marks three decades of gold standard mining SPONSOREDoceanagoldWhile he looks for ways to invest BHP's massive cash flows from iron ore Henry, and other mining company chief executiv...Read More

Probe Metals (TSXV: PRB; US-OTC: PROBF) has released the results of 20 drillholes completed along the Courvan gold trend within its Val-d'Or East property in Quebec. The expansion drill results suggest several new high-grade discoveries, the company says.At the Creek zone, deeper expansion drilling returned intercepts such as 7.5 metres of 14.8 grams gold per tonne ("the richest drill intercept ev...Read More

Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has picked the management team for new U.S.-focused gold miner i-80 Gold Corp., a company formed as part of the $612 million (US$478 million) acquisition of Premier by Equinox Gold (TSX: EQX; NYSE: EQX).The friendly takeover, announced in December, proposed consolidating Premier's gold asset in Nevada under a new entity, headquartered in Reno.Key member...Read More

Miner and commodities trader Glencore (LSE: GLEN) has inked a preliminary deal with Norwegian battery producer FREYR to supply 3,700 tonnes of "ethically sourced" cobalt metal cut cathodes.The cobalt, which will be produced at the Swiss company's Nikkleverk facility in Norway, will be a core component in FREYR's lithium-ion battery (LIB) cells to be produced at planned facilities in the town of Mo...Read More