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

(IDEX Online) - The offices of diamond scanning firm Diyora & Bhanderi Corporation (DBC) have been raided by the tax authorities in India.Fifty officers scaled the walls to two premises in Surat last Thursday and Friday after they were denied entry, according to local media reports.The company, which describes itself on its Facebook page as "the world's largest diamond scanning facility"...Read More

(IDEX Online) - De Beers is poised to report the highest sales from a sight in three years, as the diamond industry enjoys a global boom.It could net as much as $600m, well-placed sources have told the Bloomberg news website, despite reportedly increasing prices of larger (+1-ct) stones by five per cent at the first Sight of 2020, which ended last week.For context, the UK-based miner sold rough wo...Read More

(IDEX Online) - Sales of watches and jewelry in the US enjoyed a sixth consecutive month of increase in November 2020, according to new Department of Commerce figures. They were up 16.6 per cent year-on-year, largely in line with the previous two months, once we take account of the revision downwards of the October figure (from 18.6 per cent to 15.9 per cent based on actual rather than forecast sa...Read More

Trident aims to fill valuable nicheSPONSOREDtrident royalties"Remarkably the average global activity levels for 2020 were higher than 2019, driven almost entirely by the explosive recovery in China from the first quarter of this year," Marex Spectron's global head of analytics Dr Guy Wolf said.The observations from SAVANT, which monitors up to 90% of the world's copper smelting capacity, indicated...Read More

Canada Nickel Company (TSX: CNC; US-OTC: CNIKF) has announced processing test results from its Crawford nickel-cobalt sulphide project in the Timmins-Cochrane mining district. The latest processing data suggests a 52% nickel recovery, with 46% of the recovered nickel splitting into a high-grade nickel concentrate, at 37% nickel. The remaining 54% of the nickel recovered would be destined towards a...Read More

The second batch of reverse circulation exploration results from K2 Gold's (TSXV: KTO) Mojave property in southern California includes near-surface gold intercepts from the Dragonfly zone.Most recent drill highlights included 30.5 metres of 7.18 grams gold per tonne starting at surface. This same hole also hit 16.7 metres of 1.86 grams gold per tonne from 59.4 metres and 9.1 metres of 1.23 grams...Read More

In December the Government of Canada blocked Chinese state-owned Shandong Gold Mining Co. Ltd. from purchasing TMAC Resources and its Hope Bay gold mine in Nunavut. The proposed $230 million dollar investment was blocked by the government on national security grounds following a review under the Investment Canada Act (ICA).Laura RoweThe government did not provide specific reasons for its decision...Read More

Mining companies must be able to "walk the talk" on Environmental, Social and Governance (ESG), mining entrepreneur and company founder Ross Beaty said during a fireside chat at the Association for Mineral Exploration's Remote Roundup.Beaty, chairman of Equinox Gold (TSX: EQX; NYSE: EQX) and founder and chairman of Pan American Silver (TSX: PAAS; NASDAQ: PAAS) admitted that when he set up Pan A...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 SPONSOREDoceanagoldBut thanks to a combination of being so far down that any recovery looks good, and the negative publicity associated wi...Read More

In Australia, ASX futures were up ahead of tomorrow's public holiday.Among the mining majors, Antofagasta and Glencore both finished down more than 2% in London on Friday.Newmont was off 0.9% in New York.In Toronto, Tesoro Minerals (TSXV: TES) tumbled on news of losing mineral rights in Peru after a Supreme Decree was repealed.Its shares plunged by a third to close at C9c.Headed in the opposite di...Read More

(IDEX Online) - Diamond billionaire Beny Steinmetz has been sentenced to five years in jail after a Swiss court convicted him of bribing officials in Guinea for valuable mining rights.He was found guilty of paying $8.5m in bribes to Mamadie Tour?? (C), ex-wife of Lansana Cont?? (C), the country's former president, to secure iron ore rights for the BSGR Group (Beny Steinmetz Group Resources).I...Read More

Gold Fields Ltd. named former Anglo American Platinum Ltd. boss Chris Griffith as its new chief executive officer as the company seeks a solution for its last gold mine in South Africa.Read full newsRead More

Pure Gold expects to reach commercial production at its eponymous mine by the end of Q1 2021.Read full newsRead More

Judson Culter, CEO, Rover Metals Corp. shares his company's stoRead full newsRead More

TriStar Gold Inc. is pleased to announce the appointment of Ms. JRead full newsRead More

TOMAGOLD CORPORATION is pleased to report preliminary results froRead full newsRead More

Victory Resources Corporation is pleased to announce a non-brokerRead full newsRead More

Bulls in charge, suggests StoneXRead full newsRead More

President Joe Biden inherits a problematic trade deal with China and the unpalatable choices of trying to make Beijing meet its commitments on purchases of US commodities.Read full newsRead More

CALGARY - Vancouver-based Eldorado Gold Corp. says it has struck a deal to buy the shares of Quebec exploration company QMX Gold Corp. it doesn't already own in a cash-and-shares transaction worth $132 million or 30 cents per share. Eldorado owns about 17 per cent of the QMX shares, purchased for six cents each in a private placement at the end of 2019. It's offering 7.5 cents in cash and...Read More