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

Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesAgile Mining - The Future is Smaller. Bigger is not always betterSPONSOREDproudfootRecent ‘From the capital' columns have highlighted how investment shibboleths, nurtured by constant repetition, rema...Read More

Barrick Gold (TSX: ABX; NYSE: GOLD) is on track to meet its 2020 guidance of 4.6-5 million oz. gold, chief executive Mark Bristow announced on the company's third-quarter earnings call. So far this year the major has produced 3.6 million ounces.Operating cash flow in the three months ended Sept. 30 totalled US$1.9 billion, up from US$1.73 billion in the second quarter, and free cash flow jumped to...Read More

Albemarle (NYSE: ALB), the world's top lithium producer, is moving forward with expansion projects at Kemerton in Western Australia and La Negra in Chile, both of which it expects to commission next year.Delivering fourth-quarter results, the U.S.-based lithium giant forecasts full-year profit above estimates, but warned the company's performance for 2020 would reflect the impacts of the coronavir...Read More

Since resuming regular diamond tenders in September, Mountain Province Diamonds (TSX: MPVD) has seen prices for its goods start to rise.In fact, the diamond junior, which owns a 49% stake in the Gahcho Ku?(C) mine in the Northwest Territories, says its Oct. 30 sale in Antwerp was its largest open market sale to date, setting a new record in terms of both value and volume.The record sale follows a...Read More

With most major mining assets back up and running after coronavirus-related stoppages earlier this year, and amidst strong commodity prices, Franco-Nevada (TSX: FNV; NYSE: FNV) has reported record third-quarter financial results. These include new records in revenues recorded of US$279.8 million, adjusted EBITDA, which hit US$235.1 million, and net income of US$153.9 million.In the quarter, Franco...Read More

The drama. It's almost too much to bear. And we knew it would be.We all knew the 2020 presidential election would be a doozy.We knew we couldn't trust the polls predicting a runaway win for Joe Biden. We knew it'd be close. We knew Donald Trump wouldn't go quietly if he lost. We knew our inefficient and outdated voting procedures would be tested by the pandemic that's knee-capped our country, a...Read More

Many of the searches were in Deleware, Maryland, Tennesse... Read full newsRead More

Brixton Metals Corp. is pleased to announce that it has closed itRead full newsRead More

Short-term valuation analysis implies major gold stocks still have another 10-20% downside.Read full newsRead More

Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW ) (the "Company" or "Siyata") is pleased to announce that the underwriters, in connection with the Company's U.S. initial public offering that closed on September 29, 2020 (the "Offering"), have partially exercised the over-allotment option. As a result, the Company has issued 120,000 additional common shares in the capital of the Company a...Read More

TORONTO - Iamgold Corp. says it has shut down operations at its Westwood underground gold mine in southern Quebec following aRead full newsRead More

Drilling at O3 Mining's (TSXV: OIII) Malartic property in Val d'Or, Que., hit near-surface extensions of the Kierens gold deposit, outside of the proposed pit outlines defined in a September preliminary economic assessment (PEA).The company has released assay results for four drill holes, all of which hit the Kierens-Norlartic zone at shallow depths and suggest that the Kierens deposit comes close...Read More

Discovered at a time when De Beers ruled the diamond world with an iron fist wrapped in a red velvet glove, Argyle was in the wrong place at the wrong time with a mix of stones which were of ordinaryRead More

(IDEX Online) - Joan Collins, the British stage and screen icon best known as Alexis Carrington Colby in the US 80s soap Dynasty, is selling a selection of her jewels.A necklace featuring over 60 carats of diamonds will lead the auction at Bonham's in London, where it is expected to fetch between $65,000 and $91,000.It has a graduated series of brilliant and marquise-cut diamonds, and a scrol...Read More

(IDEX Online) - Canadian miner Mountain Province Diamonds sold 559,528 carats of rough at the second sale since its Gahcho Kue mine was hit by the lockdown in February.Total proceeds from the tender in Antwerp were $34.3m - an average of $61 per carat, indicating an encouraging recovery in global demand.The figure is significantly higher than its first post-lockdown sale last month, which averaged...Read More

(IDEX Online) - An Indian farm laborer has unearthed a 14.95-carat gem-quality diamond valued at a life-changing $80,000. Lakhan Yadav was washing gravel in Madhya Pradesh district, an area rich in government-licensed artisanal mines.The stone will now be auctioned by the local diamond office and Mr Yadav will receive the proceeds, minus a 12.5 per cent tax.In the same week another farmer, di...Read More

Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The company said this week it had reviewed a third-party term sheet for a US$20-30 million credit facility.It is said to be in discussions with senior lender KfW-IPEX Bank and other potential funding providers, while main shareholder Pala Investments is meeting regular cash calls - but only until the end of the...Read More

China has stepped up trade restrictions against Australia, with at least one clearinghouse suspending imports of a range of agricultural and mineral products, Hong Kong's daily English-language newspaper, the South China Morning Post, reported on Nov. 3.That same day, Bloomberg News also reported that the Chinese government had ordered commodity traders to stop purchasing products, including coal,...Read More

With its Cigar Lake uranium mine in northern Saskatchewan on care and maintenance for the majority of the second and third quarters, Cameco (TSX: CCO; NYSE: CCJ) reported a quarterly net loss of $61 million ($78 million adjusted) for the third quarter, following a net loss of $53 million in the previous quarter.Cigar Lake restarted in September, after a six-month suspension in response to the Covi...Read More

Australia's Human Rights Law Centre has issued a statement saying that the residents of Bougainville in Papua New Guinea have welcomed this week's decision by the Australian government to accept a human rights complaint against mining giant Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) for investigation and conciliation.The complaint, which was filed by the HRLC on behalf of 156 Bougainville residents...Read More