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

BHP (NYSE: BHP; LSE: BHP) has signed an option agreement with Encounter Resources (ASX: ENR) over the Australian explorer's 4,500-sq.-km Elliott copper project, in the Northern Territory.The pact would give BHP the choice to enter an earn-in and joint venture deal to earn up to a 75% stake in the project, following a validation program to be completed by year-end.The Melbourne-based mining giant w...Read More

Northern Dynasty Minerals (TSX: NDM, NYSE: NAK) announced Wednesday that Tom Collier, chief executive of its U.S.-based subsidiary Pebble Limited Partnership, has submitted his resignation in light of comments made about elected and regulatory officials in Alaska in private conversations videotaped by an environmental activist group.The announcement comes as doubts about the proposed Pebble copper...Read More

Trident aims to fill valuable nicheSPONSOREDtrident royaltiesNew Horizon beckons for gold minerSPONSOREDhorizon mineralsSaturn Metals' Leonora star is risingSPONSOREDsaturn metalsWaihi District, a Golden Opportunity in New Zealand SPONSOREDoceanagoldI have previously highlighted the potential for a change in the mining investment landscape in coming years as technology changes and geopolitical...Read More

Red 5 set to build company-changing mineSPONSOREDred 5The hub of the project is the 2,800 tonnes per day Copper Rand mill, which Mast says can be brought online with relatively little work."The mill requires upgrades to its electrical and control systems. We would look to restart at closer to 1,000tpd and as we put the various former mines into operation we can increase that tonnage. It will be a...Read More

Maritime Resources (TSXV: MAE) has reported drill results from its past-producing Hammerdown gold project, which returned gold intersections within the proposed pit shell, outside of existing resources, and high-grade hits below the pit shell. The project is near the Baie Verte mining district of Newfoundland and Labrador.Drilling targeting the Wisteria zone at the Hammerdown deposit, at the inter...Read More

During Tuesday's much-hyped battery day, Tesla CEO Elon Musk laid out plans to put everyone behind the wheel (or is that sleeping in the back?) of a $25,000 car that drives itself.Much of the three hour-plus presentation was low on detail, high on promotion and stratospheric on ambition. It is ever thus, but Tesla's plans to start mining seemed particularly simplistic.With great fanfare and 40 yea...Read More

I'm currently spending a small fortune to build a large wooden fence around my house.I say a small fortune because lumber prices are up almost 70% in the past year. And the Fed says inflation is too low...Anyhow, perhaps you caught my piece recently about the two escaped convicts who crashed a stolen car into my yard. That was the final reason I needed to actually pull the trigger and write the ch...Read More

Amr Alfiky/ReutersJPMorgan is set to pay almost $1 billion to settle charges from US regulators of spoofing in precious metals and Treasury m...Read full newsRead More

Amr Alfiky/ReutersJPMorgan is set to pay almost $1 billion to settle charges from US regulators of spoofing in precious metals and Treasury m...Read full newsRead More

Japan Gold is pleased to announce acquisition of the Kanehana ProRead full newsRead More

In times of trouble people still turn to gold. What makes it a safe haven? Largely perceptions, based on its historical mystique.Read full newsRead More

(Bloomberg) -- Skyrocketing gold is providing a welcome windfall to the mining industry, but it's also attracting a broader base of investors who are demanding greater attention to environmental, social and governance topics. Interest in ESG issues has moved to the forefront in conversations with stakeholders in the past year, top executives said in the run-up to the Denver Gold Group's Americas c...Read More

Sep 21, 2020 (Baystreet.ca via COMTEX) --Analysts remain bullish on gold. UBS for example believes gold could run even further and remain high “for...Read full newsRead More

It was back in September 2015 that first reports surfaced about VW cheating with diesel emission readings, costing a number of senior company executives their careers and crushing the sales of VW'sRead More

(IDEX   Online) - More than 1,000 police officers were deployed in a crackdown on diamond smuggling in China earlier this month, customs bosses have revealed.The gems were being brought in through Hong Kong to Shenzen, home to over 2,000 diamond factories, to evade a four per cent import tax.Further details of the operation, on 1 September, have now been disclosed, according to the China...Read More

(IDEX Online) - A new set of standards for grading polished diamonds has been drawn up and published by the ISO.The Geneva-based organization certifies the quality of a vast range of 23,000 products, services and systems across the world.It has now issued a ground-breaking 55-page document for the diamond industry specifying the terminology, classification and methods are used for grading and desc...Read More

(IDEX Online) - Total sales of jewelry and watches in the US continued their recovery with a remarkable nine per cent bounce in July. Perhaps we should no longer be surprised by extremes in the way markets behave during a global pandemic. Overall sales plunged by a record 50 per cent in April - worse than the 1929 Wall Street Crash - the first full month to suffer the impact of global lockdowns a...Read More

Trident aims to fill valuable nicheSPONSOREDtrident royaltiesNew Horizon beckons for gold minerSPONSOREDhorizon mineralsSaturn Metals' Leonora star is risingSPONSOREDsaturn metalsWaihi District, a Golden Opportunity in New Zealand SPONSOREDoceanagoldThe magnetic survey showed up four "large-scale" anomalies that were at least as large as the sulphide anomaly that sat beneath the Marimaca oxide...Read More

Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The company reached agreement with the Queensland government, which is providing a one-off incentive as part of its North Queensland Recovery Plan.Neither party disclosed the quantum of the incentive.Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Glencore will invest mor...Read More

Raymond James forecasts higher average prices for copper, nickel, lead, zinc and iron ore, but lower prices for uranium, its analysts wrote in a research note.The financial services firm has increased its average copper price forecast for this year to US$2.71 per lb., up from its previous estimate of US$2.62 per pound. Next year, it expects copper will average US$2.80 per lb. (up from US$2.70 per...Read More