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
Potential for large-scale mining is attracting explorers.Read full newsRead More
Changes to Japan's Mining Act are bringing in explorers.Read full newsRead More
Oil and gas producers are trying to reopen after a 'devastating' halt, but pessimism about an economic recovery is widespreadRead full newsRead More
BEIRUT, LEBANON (12:30 A.M.) - The Libyan National Army (LNA), led by Field Marshal Khalifa Haftar, has begun the process of securing and protecting theRead full newsRead More
Margaux Resources Ltd. is pleased to announce the appointment ofRead full newsRead More
Precipitate Gold Corp. is pleased to announce that its common shaRead full newsRead More
Four of the 11 charges brought against Codelco are serious, potentially leading to fines of up to $15 million.Read full newsRead More
Companies may take until August to get all their employees back at work.Read full newsRead More
TORONTO - Owners of the Porgera gold mine in Papua New Guinea say they will lay off 2,650 local mine workers by the end of July as the result of a continuing dispute with the federal government. Barrick Niugini Ltd., the joint venture mine owner and operator that is owned 47.5 per cent each by Canada's Barrick Gold Corp. and partner Zijin Mining Group of China, says the cost of the layoffs wil...Read More
Footage emerges of huge bright light illuminating sky over the capital, near a military siteRead full newsRead More
The company issued US$451 million and A$70 million of fixed rate senior secured notes.Initially launched as a US$250 million issue to refinance bonds maturing in October 2020, the transaction achieved a final order book of $1.3 billion, representing an oversubscription of more than five times.The strong investor demand resulted in a tightening of margins and allowed the transaction to be upsized."...Read More
MINING.com executive editor Frik Els interviews Jeffrey M. Christian, Managing Partner at CPM Group, at the 2020 Canadian Mining Symposium on Zoom.Read More
Pure Gold, Canada's Next Gold Mine, This YearSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesHowever, a lack of trust in miners in certain jurisdictions means doing things differently.Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe smelter produced 321,000 tonnes of copper in 2018. In addition to reducing copper production, the decision will also reduce the production of sulphuric acid which is used to leach copper at other operations.The suspension follows less than a week after Codelco suspended work on projects at its Chuquicamata division to prevent t...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe final environmental impact assessment (EIS) for the road was filed with the Bureau of Land Management at the end of March and Trilogy was hoping for a record of decision within Read More
Over the past few years, China has gotten increasingly aggressive...It's launched large-scale cyberattacks against rival governments and private companies, stealing vital information. It's attempted to seize control of the South China Sea - a body of water it shares with half a dozen neighboring countries.It's sent its navy and air force to harass those same neighbors, instigating conflicts with...Read More
TORONTO - Owners of the Porgera gold mine in Papua New Guinea say they will lay off 2,650 local mine workers by the end of July as the result of a continuing dispute with the federal government. Barrick Niugini Ltd., the joint venture mine owner and operator that is owned 47.5 per cent each by Canada's Barrick Gold Corp. and partner Zijin Mining Group of China, says the cost of the layoffs wil...Read More
Gold exploration companies are turning to the Red Lake district.Read full newsRead More
The energy company's natural gas business has joined its electricity business in vowing to eliminate net carbon emissions by 2050. Here are four takeaways from Bridge's interview with the company'sRead full newsRead More
FenixOro Gold Corp is pleased to provide an update on the Phase 1Read full newsRead More