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
Mining the seafloor opens a vast source of key metals needed for clean energy, but should not start until a full evaluation of likely environmental impacts can be made, a report commissioned by the High Level Panel for a Sustainable Ocean Economy (Ocean Panel) says.The group of academics and environmentalists believe an international moratorium on deep-sea mining is urgently needed. Otherwise, the...Read More
Rio Tinto (NYSE: RIO; LSE: RIO) has started exploration at Forum Energy Metals' (TSXV: FMC) Janice Lake sedimentary copper-silver project in northern Saskatchewan.The major is earning up to an 80% interest in the project from Forum Energy Metals, which has optioned the property from Transition Metals.Crews have begun construction of the 50 person camp on the property at Burbidge Lake.Structural, g...Read More
Rupert Resources on a Roll at IkkariSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesI turned 55 the other day. Under normal circumstances sufficient cause for a knees up, but in this instance the day came and went without an...Read More
Soar Financial Group's Oreninc Index, which tracks financings of C$100 million and below by companies with market caps of up to $1.Read More
I'm taking the week off. My parents are in town, and I haven't seen them in nearly a year - the longest stretch ever. (Whole lotta "evers" still going around in markets, politics, and life right now.)That also means my kids haven't seen their grandparents in nearly a year. So much is being made up for this week. Monday we took the girls horseback riding. Yesterday my dad and I floated down the...Read More
The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 1.7 million barrels for the week ended June 19, according to Reuters....Read full newsRead More
Joe Biden could accelerate a new battlefront in the fight against climate change by forcing financial institutions to adopt safeguards that would restrict the fossil fuel industry's access to low-cost capital, pushing producers to keep oil and gas in the ground.Read full newsRead More
Montreal, Qu?(C)bec, Jun 22, 2020 (GLOBE NEWSWIRE via COMTEX) --Montreal, Qu?(C)bec, June 22, 2020 (GLOBE NEWSWIRE) -- Maya Gold & Silver Inc. (Read full newsRead More
Canada's geological terrain and adherence to the rule of law position the country as a go-to destination for companies looking to establish and operate mineral projects.Read full newsRead More
Factors affecting metals markets 1. There will be position squaring and rebuilding before the Federal Reserve chairman's testimony before the US senate on 30th June. Powell will testify on coronavirus response. 2. Quarter end position squaring and rebuilding is still going on. 3. Trader's dilemma is to choose between economic progress or second wave of coronavirus. This has res...Read More
Factors affecting metals markets 1. There will be position squaring and rebuilding before the Federal Reserve chairman's testimony before the US senate on 30th June. Powell will testify on coronavirus response. 2. Quarter end position squaring and rebuilding is still going on. 3. Trader's dilemma is to choose between economic progress or second wave of coronavirus. This has res...Read More
The gold belt is known for its rich geological environment.Read full newsRead More
Adamera Minerals Corp. announces that is has closed the first traRead full newsRead More
Pancontinental Resources Corporation has signed a Purchase AgreemRead full newsRead More
QMX Gold Corporation is pleased to announce its 2020 summer exploRead full newsRead More
Aben Resources Ltd. is pleased to provide an update on the planneRead full newsRead More
Nexus Gold Corp. (Read full newsRead More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), a royalty company for the U.S. licensed cannabis industry, is pleased to announce that it has restructured the royalty agreement ("Restructured Royalty Agreement") with its portfolio company QVI Inc. ("QVI"), which is now in operation at its newly opened cannabis-infused product manufacturing facility...Read More
Vancouver, BC - Ovation Science Inc. (CSE:OVAT) ("Ovation" or the "Company"), announces it has expanded distribution of its DermSafe (R) hand sanitizer lotion to Mexico. Ovation's new distributor, Grupo Venta International, S.A. de C.V. ("Grupo Venta"), with corporate offices in Guadalajara, Mexico, have made their first purchase of over 10,000 bottles of DermSafe, which they will begin distrib...Read More
Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF), a leading creator and publisher of counter culture mobile games, today released financial results for its year end 2019 and first quarter ended March 31, 2020. The results are prior to subsequent events, the completion of its previously announced April 17th qualifying transaction where the acquisition of LDRLY (Technologies) Inc., assets, which in...Read More