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

Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The hit comprised 23.3m at from 23.3m at 3.48% copper, 8.84% zinc, 1.24% lead, 64.4 grams per tonne silver and 0.5gpt gold from 445m, the best ever returned from the project.Read More

In the third quarter, Copper Mountain Mining's (TSX: CMMC) flagship namesake open-pit mine in B.C., 20 km south of Princeton, generated 23.8 million lb. copper-equivalent, at all-in sustaining costs of US$1.43 per lb. copper and all-in costs of US$1.68 per lb. copper.Gil Clausen, the company's president and chief executive, said in a statement that Copper Mountain "posted another strong quarter" a...Read More

VanadiumCorp Resource (TSXV: VRB; US-OTC: APAFF) has released the first resource estimate for the Main zone at its wholly-owned Lac Dore vanadium project in northern Quebec, 27 km east-southeast of Chibougamau."Our first mineral estimate exceeded our expectations and shows that Lac Dore is one of the largest and highest-grade vanadium resources in North America," Adriaan Bakker, VanadiumCorp's pr...Read More

Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) is expanding its footprint in the precious metals-rich Abitibi region of Quebec by acquiring all shares in smaller rival Monarch Gold (TSX: MQR) that it does not already own for $152 million (US$114 million).The cash and share deal gives Yamana the Wasamac property, which is 100 km from its 50%-owned Canadian Malartic mine, as well as the Camflo mill, al...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 betterSPONSOREDproudfootWith so many competing influences it is damnably difficult to predict with any confidence which way the gold price might m...Read More

The Dow Jones Industrial Average slumped 6.47% to finish the week at 26,501.60, and the S&P 500 fell by 5.64% to 3,269.96. Spot gold dropped US$22.70 per oz., or 1.19%, to US$1,878.60 per oz. from the previous week.Shares of Vale fell US74 ? to US$10.57 per share. The company reported that its third-quarter net profit nearly doubled compared with the same period a year ago. Net profit for the th...Read More

The S&P/TSX Composite Index fell 4.44% to 15,580.64 during the Oct. 26-Oct. 30 trading week. The S&P/TSX Global Mining Index declined by 2.52% to 92.89, and the S&P/TSX Global Base Metals Index slumped 3.18% to 103.99. Spot gold dropped US$22.70 per oz., or 1.19%, to US$1,878.60 per oz., and the S&P/TSX Global Gold Index fell by 0.81% to 350.09.Barrick Gold rose 41 ? to $35.62 per share. The compa...Read More

The S&P/TSX Venture Composite Index fell 34.35 points, or 4.78%, to 683.78 during the Oct. 26-30 trading week. Spot gold finished the trading week at US$1,878.60 per oz., down US$22.70 per oz., or 1.19%.New Found Gold jumped $1.59 to $4.48 per share. The company reported that drilling around last year's discovery hole in the Keats zone at its Queensway project in Newfoundland returned long interva...Read More

Genesis opens new chapter at UlyssesSPONSOREDgenesis mineralsPantoro bullish on bigger production profileSPONSOREDpantoro limitedRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesAgile Mining - The Future is Smaller. Bigger is not always betterSPONSOREDproudfootThe company completed 2,172m of development in high-grade ore during October, the most in a single month to date, which re...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 betterSPONSOREDproudfoot"What we have seen over the past six months with coronavirus is that you definitely have winners and losers in the mining...Read More

Niels-Arne Baden has a problem: the factory he's building for Green Hydrogen Systems is too small.Read full newsRead More

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

I previously wrote that practically nothing happened on the gold market , which is bearish since gold should be rallying or trading at higher levels,Read full newsRead More

Canada's Agnico Eagle Mines reported a better-than-expected quarterly profit on Wednesday, benefiting from a surge in gold prices and sales volume, and raised its capex forecast for the year as it spends on several sites to boost production.Read full newsRead More

Markets were likely to see the election as a positive if one party took a convincing win across both sides of congress, IG senior market analyst Joshua Mahony said on Friday."With some stating that the final result may not come until days or even weeks after election day due to late postal votes, we could see short-term uncertainty if early results do not provide a clear basis for expectations," h...Read More

(IDEX Online) - Insurers Jewelers Mutual is set to acquire Wexler Insurance Agency, one of the world's largest privately-owned independent insurance agencies for the jewelry trade. The move will bring together two of the most recognized names in the USA's jewelry insurance industry Jewelers Mutual Group announced on Friday that it has signed a definitive agreement to acquire We...Read More

(IDEX Online) - A British "green" millionaire is poised to produce the world's first "zero-impact diamonds".Dale Vince says his Sky Diamonds company will capture carbon dioxide directly from the atmosphere to produce 200 carats of environmentally-friendly CVD (carbon vapor deposition) lab-growns a month, scaling up to 1,000 next year.He'll use wind and solar electricity, and water collec...Read More

(IDEX Online) - October saw a blitz of price rises among smaller fancies (0.23-0.44cts) and some positive movement among 0.45-0.69cts. After a quiet September there was more movement overall, characterized by a rise in demand for these smaller, less costly stones. The economy has started its recovery, but there's still less of an appetite for larger diamonds.HIGHLIGHTSRounds0.3...Read More

As the United States posted its highest number of weekly coronavirus cases since the start of the pandemic and Americans headed to the ballot box in record numbers to cast their votes early for the country's next president, China's top leaders gathered for four days behind closed doors to craft their fourteenth Five Year Plan for 2021-2025.The Five Year Plan has been a fixture of Chinese rule sinc...Read More

In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More