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

The future of the Ekati diamond mine in Canada's Northwest Territories remains uncertain after Dominion Diamond Mines announced that a deal to sell it to a subsidiary owned by its parent company, The Washington Companies, has fallen apart.Dominion Diamond reported on Oct. 9 that three insurance companies - Aviva Insurance Company of Canada, Argonaut Insurance and Zurich Insurance - had reached "an...Read More

Researchers from the University of Alberta, Penn State University and the University of Padua discovered diamonds in an outcrop at an unrealized gold deposit in Canada's Nunavut territory, an association that mirrors what can be found in South Africa's Witwatersrand Goldfields.The Witwatersrand Goldfields comprise the world's biggest gold deposit, responsible for more than 40% of the gold ever min...Read More

BHP (NYSE: BHP; LON: BHP) has reached an eleventh-hour deal with a coalition of Aboriginal land councils, as shareholders were pushing for a halt to all mining on sacred Indigenous sites leading up to a vote on the matter in Wednesday's annual general meeting.The move follows increased pressure on miners to protect cultural landmarks after Rio Tinto (LON: RIO) blasted a 46,000-year-old sacred site...Read More

According to the popular adage, copper has a doctorate in economics, with an ability to predict turning points in the global economy. This proverb stems from the metal's use in widespread applications, from power generation and electricity distribution to iPhones.Since the end of March, the price of the base metal has recovered remarkably well, rising from barely US$4,900 per tonne to over US$6,60...Read More

Macquarie Group Ltd. has vaulted to second place for dealmaking in Australia and New Zealand after advising on gold miner Northern Star Resources Ltd.'s acquisition of Saracen Mineral Holdings Ltd. this week.Read full newsRead More

Black Iron plans to split the total figure into US$200 million of equity and US$300 million debt.Read More

Assays are expected later this month from the Andover project as Azure said "high-grade nickel mineralisation (was) confirmed by pXRF (as) verified by Azure's onsite geologist". A 40.Read More

(IDEX Online) - The vast new bourse being built in Surat is set to attract $20bn of exports from Mumbai and create 200,000 job when it opens next year. The world's largest office building - covering a site larger than The Pentagon in the USA  - will boast nine 11-story towers, housing 4,400 offices and bringing merchants and manufacturers under one very big roof.The Surat Diamond Bo...Read More

(IDEX Online) - The proposed sale of the Ekati mine in Canada is off, after owners Dominion reached an "impasse" with its buyer's insurers. The troubled miner had hoped to complete the $146m sale next month to another subsidiary of its parent group, The Washington Companies.But they couldn't reach agreement on $280m of surety bonds posted with the Government of the Northwest Territo...Read More

(IDEX Online) - The world's largest vivid purple-pink diamond to be offered at auction could fetch $38m, says Sotheby's.  The ultra-rare, IF-clarity, Type IIa 14.83-carat gem was mined and cut by Alrosa and is the largest pink rough diamond ever produced in Russia.It has been named after a celebrated Russian ballet, The Spirit of the Rose and will be offered at the Magnifi...Read More

Chakana Copper (TSXV: PERU; US-OTC: CHKKF) has launched a fully-funded, 15,000-metre drill program at its Soledad copper-gold-silver project in Peru, with a target date of March 2021 to release its first resource estimate.Soledad is in the country's Ancash district, 35 km southwest of Barrick Gold's (TSX: ABX; NYSE: GOLD) Pierina gold mine and 260 km northwest of Lima. Gold Fields (NYSE: GFI) inve...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 betterSPONSOREDproudfootAs the owner of a near-priceless royalty paid by BHP on a part of its Pilbara iron ore operations in the north of Western...Read More

Some experts believe we may have hitRead full newsRead More

Barrick Gold Corp.'s top executive says the gold industry needs more consolidation so it can increase exploration to boost depleting reserves, lure more generalist investors and improve efficiencies.Read full newsRead More

Some experts believe we may have hitRead full newsRead More

EnGold Mines' (TSXV: EGM) wholly-owned Lac La Hache copper-gold-silver project in the southern Cariboo region of central B.C. has a storied history tracing back several decades.The property, 14 km northeast of Lac La Hache and 480 km from Vancouver, lies within the Quesnel Trough, a 2,000-km long depositional belt that hosts several large tonnage porphyry-type deposits. Imperial Metals' (TSX: III...Read More

(IDEX Online) - Pandora has updated its financial guidance after re-opening more stores than expected, and reporting surprisingly brisk trade despite the pandemic.The Denmark-based jewelry chain also said online sales had rocketed by 89 per cent.It is now predicting slightly more encouraging organic growth for 2020 - down between 14 and 17 per cent, compared with previous guidance of between 14 an...Read More

(IDEX Online) - The world's first hackathon for the gem and jewelry world is to take place later this month.It's a two-day team event aimed at finding new and disruptive solutions to unique and complex issues in the industry.GemHack 2020 takes place over the weekend of 24 and 25 October, with participants competing remotely for cash prizes.Hackathons bring together computer programmers a...Read More

(IDEX Online) - Alrosa's rough and polished sales bounced back to pre-Covid levels in September, as demand recovered.The Russian miner reported totals sales of $336m, up almost a quarter (23 per cent) on the same month last year ($258.7m). It again offered discounts and other incentives to buyers.Sales for September 2020 were the highest since February, ($346m) before widespread lockdowns and...Read More

Shares of gold mining companies are well placed for a win-win outcome from November's U.S. election, according to MBMG Group Managing Director Paul Gambles.Read full newsRead More