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

Molulu copper sulphide graded at 8.3%, sales expected...

May 24, 2023 / www.mining-journal.com

Chief executive Russell Fryer told Mining Journal that copper grades of an average 3% has piqued interest from three buyers; one interested in grades 1-2% oxide ore, another in 2-4% oxide ore and aRead More

Incrementum: showdown will benefit miners

May 24, 2023 / www.mining-journal.com

Look beyond market approach to project valuations: van ZylLeadershipSRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesA positive set-up for gold and silver is fed by the confidence in central banks taking a hit following their misjudgment of i...Read More

Bunker Hill agrees US$67M finance with Sprott

May 24, 2023 / www.mining-journal.com

SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe package consists of a $46 million multi-metals stream expected to be funded in June and a commitment for a $21 million...Read More

NDC Puts Diamond Standard Coins in Stores

May 24, 2023 / www.idexonline.com

(IDEX Online) - The Natural Diamond Council (NDC) is backing the coins and bars produced by New York-base Diamond Standard as an investable asset.NDC says it will actively promote Diamond Standard products, showcasing them in jewelry stores through a retailer affiliates' program, and providing publicity material to emphasize the role of diamonds in diversified portfolios.Diamond Standard laun...Read More

Aussie critical minerals miners want more than just...

May 24, 2023 / www.mining-journal.com

Speaking at the inaugural Financial Review Mining Summit 2023 in Perth this morning, Pilbara Minerals managing director Dale Henderson said the critical minerals "arms race" was already well underwayRead More

Exxon Mobil to drill for brine, as well as oil

May 24, 2023 / www.mining-journal.com

North American lithium miners may finally be seeing some real investment momentum, as one of the largest automakers, and one of the largest oil companies, pile in with fresh cash.Read More

FE Battery Metals advances on Quebec lithium results

May 23, 2023 / www.canadianinvestor.com

Share this article VANCOUVER - FE Battery Metals Corp [FE-CSE, FEMFF-OTCQB] said drilling has intersected lithium-bearing pegmatites in a previously unexplored area of its Augusta Lithium property in Quebec.FE Battery shares advanced on the news, rising 6.35% or $0.04 to 67 cents. The shares are currently trading in a 52-week range of $1.34 and 20 cents.The company said drill holes LC23-60 and LC...Read More

Woman Reunited with Diamond Ring Flushed away 13 Years ago

May 23, 2023 / www.idexonline.com

(IDEX Online) - A woman has been reunited with her diamond ring, 13 years after she accidentally flushed it down the toilet.Mary Strand, 71, was astonished to learn that workers at a wastewater plant near her home in Minnesota, USA, had found it while fixing a machine.Metropolitan Council, the authority that operates the plant, launched a "needle in a haystack" Facebook campaign to find the owner,...Read More

Christie's to Sell $15m Light of Peace without Reserve

May 23, 2023 / www.idexonline.com

(IDEX Online) - The Light of Peace, a 126.76-carat D-color, internally flawless diamond valued at up to $15m, is to be sold by Christie's New York without reserve.It started life as a 434.6-carat rough gem from Sierra Leone, which was bought by the Zale Corporation of Dallas in 1969 and cut into what was then the Zale Light of Peace and 12 smaller gems.Funds raised from showing the diamond we...Read More

RTG progresses long-stalled Philippines project

May 23, 2023 / www.mining-journal.com

RTG and the Villars, one of the most prominent families in the Philippines, have signed a binding memorandum of agreement outlining a pathway to development with a restructure of the local holdingRead More

What supercycle?

May 23, 2023 / www.mining-journal.com

SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelSupercycle-enthusiasts will counter the above by taking a five-year view. By that yardstick, copper is up 21%, nickel 40%...Read More

Rolex 'Buys Back Own Watch for $2.5m'

May 23, 2023 / www.idexonline.com

(IDEX Online) - Rolex reportedly paid a record $2.5m at auction to buy back one of its own watches.The 1958 Milgauss steel sports watch, described as being in mint condition, smashed the estimate of $556,000 to $1,110,000 when it sold at Phillips Geneva.The buyer's identity has not been confirmed, but Bloomberg says the winning bidder bought the watch on behalf of Rolex, probably for its arch...Read More

C3 posts maiden copper resource on Jasperoide

May 23, 2023 / www.mining-journal.com

MCZ hosts measured and indicated resources of 51.9Mt grading 0.5% copper and 0.2gpt gold for 569.1Mlb of copper and 326,800oz of gold of contained metal at a 0.14% copper cut-off grade.Read More

'Tide has turned' in uranium

May 23, 2023 / www.mining-journal.com

"We're going through a nuclear renaissance," 92 Energy managing director Siobhan Lancaster declared during her presentation. Lancaster said uranium was "really about to pop".Read More

Petra Holds Back 75,000 carats amid Weak Demand

May 23, 2023 / www.idexonline.com

(IDEX Online) - Petra reported sharp drops in both revenue and prices at its May tender, and said it held back parcels of over 75,000 carats because of weak demand.The UK-based miner is currently operating only two of its four mines. The Williamson deposit, in Tanzania, remains out of action after the breach of a tailings dam and loss-making Koffiefontein, in South Africa, is being closed for good...Read More

Docs for world's biggest nuclear power plant left on...

May 23, 2023 / www.mining-journal.com

"On May 20, we received a report from a local resident that they had found documents related to Unit 6 of our plant in Kashiwazaki City," the operator of the Kashiwazaki-Kariwa nuclear power plant,Read More

Mining not doing enough to get women into leadership...

May 23, 2023 / www.mining-journal.com

SRK visualisation tool to help engagementSPONSOREDsrk consultingCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesThe analysis shows that of the over 2,000 companies polled for the data, females holding executive roles in mining compani...Read More

Time to Take off the Bear Suit

May 23, 2023 / dailyreckoning.com

Just a few weeks ago, I was writing to you about the ugly, maddening market conditions frustrating most investors.While most stocks weren't on the brink of serious breakdowns, there was a distinct lack of follow-through in most areas of the market. Rallies would appear, then fizzle before they could make any substantial headway. Only the mega-caps seemed to want to play nice with Apple Inc. (AAPL)...Read More

Reversing decades of European mining decline won't...

May 23, 2023 / www.mining-journal.com

SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe European Commission in March 2023 unveiled the Critical Raw Materials act, intended to secure supplies of raw material...Read More

"Big Coin" or Big Con?

May 23, 2023 / dailyreckoning.com

"Some ideas are so stupid that only intellectuals believe them" as once noted Mr. George Orwell.We believe there is vast justice in these words.Perhaps we flatter Dr. Paul Krugman by labeling him an intellectual as well label the sitting president an intellectual or the prior president an intellectual.Yet the shoe fits his foot with an infinite precision. And so he must wear it.That is, the...Read More

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