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
Artemis all set thanks to unique approachSPONSOREDartemis resourcesSolaris has strong backing from the Augusta Group, Ross Beaty and Lukas Lundin, and hired well-respected mining analyst and geologist Daniel Earle to run the company as president and CEO.Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Driving more value from your capital projects post COVIDSPONSOREDproudfootIronRidge shows its mettleSPONSOREDironridge resources Low prices for potash, and most other fertilisers affected by sluggish demand during the COVID-19 pandemic, almos...Read More
Lundin Gold (TSX: LUG) has restarted operations at its Fruta del Norte (FDN) gold mine in Ecuador and expects to resume concentrate shipments in the next few days.Operations at the site were suspended in March due to the Covid-19 pandemic. Based on a projected mill ramp-up to 3,500 tonnes per day over the next two months, FDN is expected to generate 150,000-170,000 oz. gold in the second half of t...Read More
Kincora Copper (TSXV: KCC) has reported assay results from the first drill hole at its Trundle copper-gold project in Australia.Drill hole TRDD001 intersected several intervals of gold and copper mineralization from skarn zones within the southern portion of the property, which is situated in the Macquarie Arc of the Lachlan Fold belt in central-west New South Wales. Highlights include 51 metre...Read More
KoBold Metals is investing in battery metal projects using big data and scientific computing with capital from billionaires including Bill Gates and Jeff Bezos.The privately held California-based company has also lured David Broughton, the world-renowned expert in sediment-hosted copper deposits, to lead its hydrothermal systems team."We have the overwhelming majority of his time," Josh Goldman, K...Read More
New Century Resources (ASX: NCZ) has kicked off commercial production at its zinc mine in Queensland, Australia, amid forecasts that see prices for the metal climbing in the coming months as restrictions related to the Covid-19 pandemic ease.The Melbourne-based zinc producer, which bought the mothballed Century mine in 2016, said operations had not been affected by the global pandemic. Instead, Ce...Read More
From its initial launch in the 1990s, HARD-LINE's TeleOp system has proven to help mines continuously modernize and streamline their processes. Building off a mine's existing operational structures, the TeleOp system allows an operator to remotely and simultaneously control multiple machines across multiple sites from an underground- or surface-based remote station.Backbone networks provide li...Read More
Gold is ready to break out to all-time highs, and the market is not only rewarding success with the drill bit, it's starting to reward potential success with the drill bit.In some cases, the market is rewarding newer companies looking for world-class assets with market caps many multiples over companies that already have world-class assets. That presents an opportunity.Gold closed the second quart...Read More
PRESCOTT, Ariz.- The Prescott National Forest today withdrew its decision to proceed with a controversial mine, the River Bend Placer Mine project, on the Hassayampa River. The withdrawal comes after the Center for Biological Diversity delivered a forceful objection to the project's impacts on the globally imperiled Phillip's agave (Agave phillipsiana), a rare plant domesticated by Native American...Read More
(IDEX Online) - Zimbabwe is poised to offer a diamond stockpile of over a million carats for sale as it seeks foreign currency.It hopes to net up to $100m, according to a report in today's Sunday Mail newspaper.The Minerals and Marketing Corporation of Zimbabwe, which has controlled all the country's diamond sales since 1983, says it plans to hold an auction in the near future, after can...Read More
(IDEX Online) - Botswana, the world's top diamond-producing country by value, is to seek financial help from the International Monetary Fund (IMF) and the World Bank to deal with the consequences of COVID-19.The country is in economic crisis, even though the virus has claimed just one life, on 31 March, and as of today there are just 277 active cases.At least 181 confirmed cases have been tra...Read More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
It's been a big week for gold, with futures rising above US$1,800 per ounce for the first time since late 2011. Many market watchers have cited continued COV...Read full newsRead More
GOLDEN RIDGE RESOURCES LTD. is pleased to announce it intends toRead full newsRead More
FireFox Gold Corp. has completed the second and final tranche ofRead full newsRead More
The zero-premium merger of SSR Mining and Alacer Gold could net the new SSR a higher stock price, especially with gold prices risingRead full newsRead More
To help prepare for Daunia's autonomous future, it is estimated more than 30,000 hours of training will be delivered, ranging from general awareness to extensive training for those operating equipment, interacting with the autonomous haul trucks, or taking on new roles.The first Caterpillar autonomous trucks will begin from February next year, with the rollout expected to be completed by the end o...Read More
Victoria Gold's (TSX: VGCX) Eagle gold mine in central Yukon reached the commercial production milestone on Canada Day. As of July 1, all of the facilities required for this stage of the mine life are now complete and, according to Victoria, the mining and processing operations are performing well."Site activities continue to progress well, and all facilities and operations are now at, or approach...Read More
As the United States pushes to dilute China's monopoly on rare earths and develop a domestic supply, Colorado-based Energy Fuels (TSX: EFR) is working towards being at the forefront of the race.Energy Fuels is the owner of the White Mesa mill in Utah, the only fully-licensed and operating conventional uranium mill in the United States. The facility is normally used to process radioactive ore and p...Read More
The maiden in-situ reserve estimate is 30.6Mt, using an 8.2% iron cut-off, which is higher than the 5.25% cut-off used previously, as the company has optimised its mine schedule.Read More