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
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
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe study confirms a delay of 21-29 months for first production and an increase of US$1.3 billion-1.8 billion on the original $5.3 billion capital costs.Read More
Plans to start mining the Moon as early as 2025 became more attractive this week after a U.S. National Aeronautics and Space Administration (NASA) team found evidence that the Earth's natural satellite may, underneath its surface, be richer in metals than previously thought.Using data from the Miniature Radio Frequency (Mini-RF) instrument onboard NASA's Lunar Reconnaissance Orbiter (LRO), a tea...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
PearTree Remarks by Lisa Davis, CEO, PearTree Securities on June 16.Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesA delegation of mayors met with the mining commission of the Chamber of Deputies, Chile's lower house, to review the impact of COVID-19, and the dramatic increase in cases in the north in recent weeks.State-owned copper miner Codelco, has throttled back its northern operations, suspending its Chuquicamata smelting operation and dev...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesDrilling hit mineralisation about 40m below the 1,500-foot level of underground exploration drifts. Highlights included an interval of 4.9m grading 2.16 grams per tonne gold, 24.9g/t silver, 2.39% copper, 0.31% lead and 3.27% zinc for 6.2% copper equivalent."The resumption of our phase 1 drill programme … has continued to co...Read More
Executive Fireside ChatRandy Smallwood, President and CEO, Wheaton Precious Metals CorporationMODERATOR: Carl A. Williams, Senior Reporter, The Northern MinerRead More
Nokia Remarks - The 5G-ready Digital MineStephan Litjens, General Manager, Digital Automation, NokiaRead More
PearTree Remarks by Lisa Davis, CEO, PearTree Securities on June 17.Read More
Executive Fireside ChatRandy Smallwood, President and CEO, Wheaton Precious Metals CorporationMODERATOR: Carl A. Williams, Senior Reporter, The Northern MinerRead More
Technical trend after the release of US June nonfarm payrolls is the key. Tomorrow's US Holiday will not have any impact on trading volumes etc. No one is sleeping in the pandemic. Fomc minutes continued to accommodative monetary stance and uncertain economic outlook. Bond yields were also looked into. Impact on gold, silver and US dollar Index by FOMC Minutes: Jobs creation will be the key to...Read More
Technical trend after the release of US June nonfarm payrolls is the key. Tomorrow's US Holiday will not have any impact on trading volumes etc. No one is sleeping in the pandemic. Fomc minutes continued to accommodative monetary stance and uncertain economic outlook. Bond yields were also looked into. Impact on gold, silver and US dollar Index by FOMC Minutes: Jobs creation will be the key to...Read More
While hydrogen initiatives have been grabbing headlines, renewable natural gas (RNG) also deserves attention as an emerging tool for decarbonization.Read full newsRead More
U.S. prosecutors filed a lawsuit to seize the gasoline aboard four tankers that Iran is trying to ship to Venezuela, the latest attempt by the Trump administration to increase economic pressure on the two U.S. foes.The government of Venezuela's socialist President Nicolas Maduro has flaunted theRead full newsRead More
Months into one of the worst oil price crashes in history, lenders have tightened the screws on shale producers by wiping away 20% of the credit that has helped fuel the industry's boom.Read full newsRead More
The effects of gold mining on forest health are long lasting. According to new research, gold mining stunts the regrowth of Amazon forests, limiting their ability to store carbon.Read full newsRead More