News and Reports

Year in Review 2023 and Outlook for 2024

January 04, 2024

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

Year in Review 2022 and Outlook for 2023

January 2023

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: The Heart of Global Copper

October 2021

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 Gold

June 2021

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 Gold Mining and Canadian Juniors

April 2021

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

An Overview of the Golden Triangle

July 2020

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

An Overview of Quebec Gold Mining

April 2020

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

An Overview of the Red Lake Mining District

January, 2020

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

Challenger reports 4.5Moz resource in Ecuador

June 14, 2023 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipSRK visualisation tool to help engagementSPONSOREDsrk consultingSaturn works dual-focus opportunitySPONSOREDsaturn metals The funding will mainly be spent completing a prefeasibility study at Challenger's 2.8Moz Hualilan gold project in Argentina.Read More

"Diamond Thief Spiked Co-Workers' Tea"

June 14, 2023 / www.idexonline.com

(IDEX Online) - A diamond worker has been arrested in Surat, India, after he allegedly spiked his colleagues' tea with a sedative and fled with stones valued at $14,000.Police in the Katargam district of the city say the suspect made tea at 4am during a night shift for eight co-workers. Those who were unwilling to drink were forced to do so.He fled the workshop with 2,700 diamonds, with a tot...Read More

Andr? Sougarret resigns as president of Codelco

June 14, 2023 / www.mining-journal.com

The resignation comes as the county reports the lowest production of copper in more than 25 years and as the Chile governments continue to Read More

Lundin Gold replaces FDN depletion, exploring for more...

June 13, 2023 / www.mining-journal.com

Resource conversion drilling has added 1.58Moz of resources, with the recently started two-year drill programme targeting the conversion of the remaining 1.8Moz of indicated and 1.Read More

Cost of Crime to US Jewelers Hits Record $129m High

June 13, 2023 / www.idexonline.com

(IDEX Online) - The cost of crime to US jewelers almost doubled last year, says the Jewelers' Security Alliance (JSA).Losses soared to a record high of $129.4m up 84.6 per cent on$70.1m in 2021, according to its 2022 Annual Crime Report.Almost one in five the burglaries recorded were Three Minute Burglaries, so named because that's the time it takes to smash a door or window at night, em...Read More

Now GM Wants to Ride Shotgun With Tesla Too

June 13, 2023 / www.outsiderclub.com

Last week, I reported on a blockbuster EV deal that saw Ford team up with Tesla, its chief competitor in the space.Now, GM is doing the same, effectively cementing Tesla's EV charging system as the new standard.Just to recap, most EV manufacturers use a charging plug called the Combined Charging System (CCS). This system is public domain, so anybody can adopt it. But since its inception, Tesla has...Read More

Dundee prepares for Loma Larga progress

June 13, 2023 / www.mining-journal.com

Campbell said negotiations with the government on an investment protection agreement (IPA) are "very advanced.Read More

Capital wins Fortescue contract

June 13, 2023 / www.mining-journal.com

SRK visualisation tool to help engagementSPONSOREDsrk consultingSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesFMG has forecast capital costs of US$200 million for a stage one operation to produce 2 million tonnes of iron ore per annum from the second ha...Read More

Thor Energy looks to bright future

June 13, 2023 / www.mining-journal.com

Prices have gained certainly; tracking from around $49/lb at the start of January 2023, to just under $56/lb by the end of May.Read More

Capital wins Fortescue contract

June 13, 2023 / www.mining-journal.com

FMG has forecast capital costs of US$200 million for a stage one operation to produce 2 million tonnes of iron ore per annum from the second half of this year.Read More

Watch Out: FOMO Trading Is Back

June 13, 2023 / dailyreckoning.com

FOMO is finally back!Fear of missing out is one of the most powerful forces in the market. When conditions are just right, FOMO latches onto our lizard brains, leading to terrible investing decisions. We chase overbought stocks, fall for dubious stories and scoop up shares of some of the most risky, speculative garbage companies we can find.What could possibly go wrong?Well... everything, of cours...Read More

Rio Tinto makes decade-strong $1.1B investment in aluminium...

June 13, 2023 / www.mining-journal.com

SRK visualisation tool to help engagementSPONSOREDsrk consultingSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resources"This is the most significant investment in our aluminium business for more than a decade, and it will further strengthen Rio Tinto's high-qual...Read More

Rokmaster tables updated resource for B.C. polymetallic project

June 13, 2023 / www.canadianinvestor.com

Share this articleVANCOUVER - Rokmaster Resources Corp. [RKR-TSXV, RKMSF, OTCQB, IRRI-FSE] on Tuesday released an updated resource estimate for its Revel Ridge polymetallic project in southeastern British Columbia.Revel Ridge is currently known to host five mineralized zones, four of which are related and in close proximity to the Main Deformation Zone (MDZ). Mineralization associated with the MDZ...Read More

Burgundy to Complete Purchase of Canada's First Diamond Mine

June 13, 2023 / www.idexonline.com

(IDEX Online) - The sale of Ekati, Canada's first diamond mine, to Australia-based Burgundy is due to be completed by 30 June.It will be the second time the mine has changed hands in under two-and-a-half years. Arctic Canadian Diamond Company acquired the deposit, 125 miles south of the Arctic Circle, in February 2021 after the previous owners, Dominion Diamonds, filed for insolvency.&nb...Read More

Ecuador incentivizes environmental performance

June 13, 2023 / www.mining-journal.com

Vanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltySaturn works dual-focus opportunitySPONSOREDsaturn metalsSRK visualisation tool to help engagementSPONSOREDsrk consultingCompanies can obtain tax incentives for implementing clean technology environmental solutions on their projects that go beyond the regulatory r...Read More

How long are Glencore shareholders willing to get their...

June 13, 2023 / www.mining-journal.com

The Swiss mining giant on Monday offered to buy Teck Resources' metallurgical coal business in a standalone, after being repeatedly rebuffed in its attempts to acquire the Canadian company in itsRead More

Political turmoil waiting game for Ecuador's developers...

June 13, 2023 / www.mining-journal.com

President Guillermo Lasso increased the short-term political uncertainty in the country in May when he dissolved Congress and called an election as an exit to impeachment proceedings against him.Read More

Troubled BlueRock Goes Into Administration

June 13, 2023 / www.idexonline.com

(IDEX Online) - BlueRock Diamonds, the British miner that operates the Kareevlei mine, in Kimberley, South Africa, has gone into administration.Operations at the mine remain have been halted. Share trading was halted in February, when its debt-ridden subsidiary Kareevlei Mining. which operates the mine, was placed in business rescue, with little prospect that it would continue as a going concern.L...Read More

"Biden Bucks" and the War on Crypto

June 13, 2023 / dailyreckoning.com

I've written a lot about central bank digital currencies (CBDCs) including the U.S. dollar version that I call "Biden Bucks." The threat from CBDCs is enormous.They are digital (but not true cryptocurrencies), which means they are programmable. The Treasury and Fed can use the CBDC ledger to track your purchases, look at your political contributions, look at your religious affiliations and basical...Read More

Ecuador incentivizes environmental performance

June 13, 2023 / www.mining-journal.com

Companies can obtain tax incentives for implementing clean technology environmental solutions on their projects that go beyond the regulatory requirements, including accelerated equipment depreciationRead More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok