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

Western Australia-based Atrico has advised parties in six mining-technology related deals in the past few years, including TSX-listed Constellation Software's January acquisition of Centric MiningRead More

That is a bullish omen for gold, as its subsequent upleg can accelerate after differential gold-ETF-share selling pressure ends.Read full newsRead More

High gold prices are boosting Ethiopia's mining revenue and attracting more investor interest in a sector that is largely dominated by artisanal and smaller players. Coronavirus-linked border closures...Read full newsRead More

Silver was worth US$28.82 an ounce on the spot market at the time of writing, up 6.8%.Some retailers have reportedly stopped accepting orders for physical silver products due to unprecedented demand.Silver equities in Toronto shone, with Mexico-focused producer First Majestic Silver's share price (TSX: FR) jumping from below C$18 mid-week to a one-year high of $24.43.The miner told the regula...Read More

(IDEX Online) - Surat's long-awaited bourse - a vast $355m building with 4,400 offices  - is  finally due to open in September. The Surat Diamond Bourse (SDB) says it will become the world's biggest diamond trading hub, with an estimated annual turnover in excess of $25bn. It was supposed to open in January 2020, according to its own website.Surat has long been the capital...Read More

(IDEX Online) - Debswana, which controls most of Botswana's diamond production, saw rough exports down 30 per cent in 2020 as a result of the global pandemic.Foreign sales were down from $3.05bn in 2019 to $2.02bn in 2020, according to the Bank of Botswana.The country is the world's second largest producer of diamonds after Russia, and relies on them for 30 per cent of its revenue nation...Read More

(IDEX Online) - A million rough diamonds seized in raids by the Indian tax authorities on the scanning firm Diyora & Bhanderi are to be returned to their owners. The company is being investigated over claims of tax evasion and the illegal sale of diamond scanning machines. Its premises in Surat were raided 10 days ago. Gems belonging to over 800 diamond firms, which had been sent to...Read More

Caterpillar said revenues were hit by lower demand for construction, energy and mining equipment and services, and the impact of changes in dealer inventories."Overall, we expect our sales in 2021 to be stronger due to the lack of dealer inventory reduction and improving market conditions. We also expect services revenues to increase during the year," chairman and CEO Jim Umpleby said on a results...Read More

That is a bullish omen for gold, as its subsequent upleg can accelerate after differential gold-ETF-share selling pressure ends.Read full newsRead More

That is a bullish omen for gold, as its subsequent upleg can accelerate after differential gold-ETF-share selling pressure ends.Read full newsRead More

High gold prices are boosting Ethiopia's mining revenue and attracting more investor interest in a sector that is largely dominated by artisanal and smaller players. Coronavirus-linked border closures...Read full newsRead More

Benchmark Metals Inc. is pleased to announce new results from a sRead full newsRead More

/CNW/ - Granada Gold Mine Inc. (TSXV: GGM) (theRead full newsRead More

/CNW/ - Granada Gold Mine Inc. (TSXV: GGM) (theRead full newsRead More

/CNW/ - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (Frankfurt: 4T9B) (theRead full newsRead More

Vangold Mining Corp. announces that drilling has commenced at itsRead full newsRead More

Outback Goldfields Corp . is pleased to announce that its commonRead full newsRead More

Tianqi Lithium Corp on Friday said an unnamed entity would invest up to 16 billion yuan ($2.5 billion) in its controlling shareholder as the Chinese company continues to look for ways to pay down debt.Read full newsRead More

Retail investors incited by promotional posts on the social media site bid up the prices of the precious metal and silver minersRead full newsRead More

Shake-up at the top is focused on ESG and rebuilding trustRead full newsRead More