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) - Fears that online diamond trading in India would be hit by the country's new e-commerce tax have been allayed.The two per cent levy introduced in April applies to consumer sales only, not B2B transactions, finance minister Nirmala Sitharaman (pictured) told trade bodies.The clarification came after she met a delegation from the GJEPC (Gems and Jewellery Export Promotion Counci...Read More
(IDEX Online) - Alrosa has reportedly followed De Beers by discounting rough prices in response to the coronavirus slump in demand.Last week De Beers was reported to have lowered the price of larger stones at Sight 7 by as much as 10 per cent.Both miners have held firm with sales-over-volume policies until now, despite smaller rivals offering discounts of up to 25 per cent. De Beers and...Read More
88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyAVZ closes on financing for tier-one lithium projectSPONSOREDavz mineralsLithium no quiet place for AVZSPONSOREDavz mineralsElement 25's Butcherbird on songSPONSOREDelement 25The gold production guidance improved by about 50,000oz to 500,000-550,000 ounces in 2021, from the 450,000-500,000oz expected previously. The impr...Read More
Society has a trust issue. It's why people stick with their tribe of choice on social media. It's why politics has become an "us or them" team sport over these past two decades or so. And it's why a growing number of people seem to treat scientific fact more like a suggestion. Increasingly, it's why gold is seeing a surge in popularity while everything else collapses around it. According to a...Read More
Canada Silver Cobalt (TSX-V: CCW) presents at the Proactive One2One Virtual ForumRead full newsRead More
Granada Gold Mine Inc. is pleased to announce that the Company haRead full newsRead More
Golden Arrow Resources Corporation is pleased to report that drilRead full newsRead More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce it will be presenting at the LD 500 Virtual Conference on Friday, September 4th, at 6:20am PST / 9:20am EST. Daniel Kim, VP of Corporate Development, will be presenting to a live audience and taking 1-1 virtual meetings over the 4-day duration of the conference.Regist...Read More
Vancouver, BC - Ovation Science Inc. (CSE: OVAT) ("Ovation" or the "Company"), is pleased to announce that it has shipped DermSafe hand sanitizer in bulk supply of 200 kilograms to its distributor in Guangzhou, China. This shipment will help facilitate their development of a novel mechanism to dispense DermSafe using an individual use, unique delivery device. This relationship aims to advance th...Read More
The total capitalisation of the crypto market has receded by $16.7 billion over the last seven days. Bitcoin lost almost 5% last week, while the restRead full newsRead More
Gold climbed as investors weighed the impact of the Federal Reserve's new approach to setting U.S. monetary policy, with a more relaxed stance on inflation.Read full newsRead More
The total capitalisation of the crypto market has receded by $16.7 billion over the last seven days. Bitcoin lost almost 5% last week, while the restRead full newsRead More
The raising comprises a $126 million placement at $2.52 per share, a 13% discount to Orocobre's Thursday closing price. The company will issue 50 million shares, representing 18.Read More
The South African gold and platinum group metals producer's small but unexpected ZAR50c/share (US2.95c/sh) interim dividend on 718% higher EBITDA of US$990 million than the same period in 2019, and robust free cash flow of US$655 million came six months early for some analysts."This is equivalent to 15% of normalised earnings and comes ahead of our expectations for a cash dividend reinstatement at...Read More
Company news EMEAGem Diamonds announces the recovery of a 442ct Type II white diamond from its Letseng mine in Lesotho amid a severely depressed diamond market.Eurasian Resources Group reveals its programme, Momentum-ON, helping the company's employees and their families during COVID-19 by encouraging young people to develop entrepreneurial skills.Ganfeng Lithium reports a difficult first ha...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesMTV's senior lenders, shareholders and unsecured creditors participated in finding a solution creating a path towards profitability and sustainability.Read More
For over a century, the mines of Silver Valley in the Coeur d'Alene Mountains in northern Idaho have been a source of tremendous mineral wealth.From the mid-1880s, those mines have yielded almost 10 million tonnes of zinc, lead and silver.The region's most famous mine, Bunker Hill, was first discovered in 1885 by Noah Kellogg. (In 1894, the nearby Milo prospecting camp was renamed in his honour, e...Read More
Canada's Barrick Gold (TSX: ABX; NYSE: GOLD) said it would challenge the Papua New Guinea (PNG) government's reported move to grant a 20-year lease for the Porgera gold mine to a state-backed firm.The world's second-largest gold producer and its Chinese partner, Zijin Mining, are embroiled in a dispute with Prime Minister James Marape, who in April rejected their application for a lease exte...Read More
OceanaGold (TSX, ASX: OGC) said that the outlook at its Haile gold mine in South Carolina is "uncertain" after 18 staff members tested positive for Covid-19 since June.According to the company, approximately 220 workers have been required to self-isolate for a two-week period at some point since the beginning of March."This has had an impact on material movement, which is key to accessing some of...Read More
Lithium Americas (TSX, NYSE: LAC) has completed its previously arranged transaction with partner Ganfeng Lithium on the ownership structure on the Cauchar?--Olaroz lithium project under development in Jujuy, Argentina.As part of the agreement, Ganfeng has subscribed for new shares of Minera Exar SA, the joint venture company that holds the Cauchari-Olaroz project, for cash consideration of US$16 m...Read More