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 iconic Argyle mine, which closed last month, has sold the most valuable fancy vivid diamond in its 37 years of tenders.Owners Rio Tinto aren't disclosing the price paid for the 2.24 carat Argyle Eternity (pictured), which was bought by Harsh Maheshwari, director of Kunming Diamonds, in Hong Kong.Mr Maheshwari, who bought a number of the other 61 rare pink, red, blue and vi...Read More

(IDEX Online) - Mountain Province has recovered the biggest ever diamond from its Gahcho Kue mine in Canada - a 157.4-carat gem of "exceptional quality".The miner said it was a major morale boost after a year in which the industry had faced immense challenges.Gahcho Kue, an open pit operation approximately 280 km northeast of Yellowknife, Northwest Territories, began commercial production in March...Read More

(IDEX Online) - Five major players have shown interest in conducting auctions and tenders when the Angolan Diamond Bourse opens next year.Angola, the world's sixth biggest diamond producer, brought in trading reforms in 2018 that allowed 120 companies to buy stock previously available to just eight "preferential customers".Diamantino Azevedo, the country' minister of mineral resources an...Read More

Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The operation is said to be on target for maiden copper sales in January."I am happy to confirm that Excelsior Mining is the newest copper producer in the United States," said president and CEO Stephen Twyerould. "Our focus for the coming quarter will be on expanding wellfield operations with the goal of achiev...Read More

Maximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesThe Toronto, Canada-headquartered company withdrew its 2020 production, cash cost and capex guidance for Chapada in September after a power outage caused damage to all four of the mills' motors.Lundin said Monday it had over the weekend completed installing the last remaining repaired and more powerful motor on the...Read More

Bardoc eyes long-term growth in prime goldfields locationSPONSOREDbardoc goldDrill results multiply value options in front of YandalSPONSOREDyandal resources'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineIt's possible that Jakob Stausholm, the successor to the o...Read More

Cote d'Ivoire's Council of Ministers has granted Roxgold (TSX: ROXG; US-OTC: ROGFF)a mining permit that allows the company to develop and operate its Seguela gold project, 240 km northwest of the capital, Yamoussoukro.John Dorward, Roxgold's president and CEO, said the permit is a significant milestone."It has been an exceptional year in progressing Seguela having grown the total mineral resourc...Read More

Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has released assay results for four drillholes completed at zones 2 and 2.5 of the Colomac Main Sill within its Indin Lake gold property in the Northwest Territories, 200 km north of Yellowknife.The drilling tested the Main Sill below existing resources and, according to Michael Byron, Nighthawk's president and CEO, continued to demonstrate the "well-minera...Read More

Excelsior Mining's (TSX: MIN; US-OTC: EXMGF) Gunnison copper project in Arizona has produced its first copper cathode. The in-situ recovery (ISR) operation is expected to sell the first copper cathodes in January 2021."I am happy to confirm that Excelsior Mining is the newest copper producer in the United States," Stephen Twyerould, Excelsior's president and CEO, stated in a news release. "Our foc...Read More

More than 6,000 geoscientists, technical experts, prospectors, suppliers, governments and indigenous partners will be tuning into the virtual AME Remote Roundup 2021 conference running from January 18-22.Attendees and participants will be able to access live and on-demand programming from anywhere in the world and the annual conference offers the ability to connect, network and exchange ideas, Ken...Read More

It's been a busy year for Kore Mining (TSXV: KORE; US-OTC: KOREF). The junior exploration and development company has completed preliminary economic assessments for two gold deposits and advanced its exploration-stage projects."The company has truly pursued a 'portfolio strategy' this year," Scott Trebilcock, Kore's president and CEO, said during The Northern Miner's inaugural Global Investor w...Read More

Serafino Iacono - Featured Speaker - GMS: November 10th, 2020 from The Northern Miner on Vimeo.Read More

Mexico's federal permitting authority, SEMARNAT, has rejected the environmental permit application (MIA) for Almaden Minerals' (TSX: AMM) Ixtaca gold-silver deposit, one of the country's significant precious metal discoveries.The company received notification from SEMARNAT on Dec. 21. Almaden originally submitted the MIA in early 2019.Reasons cited for not approving the MIA, in the company's view,...Read More

Mid-tier gold miners' stocks are again setting up to achieve more massive gains during gold's next bull upleg.Read full newsRead More

Investors are putting pressure on gold miners, whose high greenhouse gas emissions have been less scrutinized, to report transparently and take concrete steps to curb them after a rally in prices this year drew closer attention to the sector's footprint.Read full newsRead More

Company is raising C$85 million through a subscription receipt offering with a group of investors that will result in a new board and management, as well as a new name.Read full newsRead More

Copper for three-month delivery reached a fresh high of $8,028/t intraday - a level not seen since 2013 when it peaked at $8,346 in February, Marex Spectron's Alastair Munro said.The US congress reached an agreement on a stimulus package, at the time of writing."We will pass another rescue package ASAP," US senate majority leader Mitch McConnell tweeted minutes ago, referring to what is expected t...Read More

(IDEX Online) - A brother of fugitive billionaire Nirav Modi has been charged in the USA with a $1.4m diamond fraud.Nehal Modi, a Belgian citizen, is accused of "grand larceny in the first degree" for allegedly obtaining gems by fraud from the wholesaler LLD Diamonds USA, in Manhattan, New York, in 2015. He has been indicted by the New York Supreme Court.He allegedly claimed the diamonds would be...Read More

(IDEX Online) - Beny Steinmetz, the diamond and real estate billionaire, has been handed a five-year jail term by a court in Romania after he was convicted of a land deal fraud. The country's Supreme Court overturned the decision by a lower district court to acquit him last year.Steinmetz, 65, (pictured) an Israeli national, was accused of being involved in corrupt enterprise to recover...Read More

(IDEX Online) - The family-owned Swarovski crystal jewelry empire is reportedly in turmoil as it faces plunging profits and the prospect of wholesale job losses. Robert Buchbauer, recently-appointed CEO and great-great grandson of the company's founder Daniel, wants to shed 6,000 staff, shut 750 stores and take the brand upmarket, according to the AFP press agency. But other family members ar...Read More