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
Diamond producer Lucara Diamond Corporation has implemented a crisis management strategy to protect the health and wellbeing of its employees in Botswana and Canada amid the Covid-19 pandemic.Lucara's 100%-owned Karowe mine, in north-central Botswana, remains fully operational under new measures and guidelines implemented by the Botswana government earlier this week.AdvertisementThese measures...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesCopper production will grow by 1.9% in 2020 to 21 million tonnes, down from the 3.4% growth originally forecast by GlobalData."Production growth in China is forecast to be around 6%, which is down from the 9.6% forecasted before the outbreak. Lockdowns in Chile and Peru will reduce the output in two markets that currently account f...Read More
Dual-listed Botswana Diamonds’ wholly-owned subsidiary, Sunland Minerals, has been awarded six new prospecting licences by the Botswana government.The licence tenure is for a period of three years until March 31, 2023.AdvertisementThe licences cover an area of 4.32 km2 in the Central and Kgalagadi districts, colloquially known as the Kalahari.Moreover, the government has renewed four existin...Read More
London-listed Gem Diamonds has raised $12.1-million during the first round of its Lets?OEeng flexible tender sales process on March 26.The Lesotho-focused miner in March launched the flexible tender sales process, following a large tender that had to be cancelled owing to travel and other restrictions imposed by various governments, including in Belgium, where the tender would have been held from...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Rockcliff said Tuesday indicated tonnes had grown 42% to 1.17Mt grading 3.Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesIndonesia's Ambassador to New Zealand Tantowi Yahya said Graeme Thomas Wall died and two Indonesian civilians were injured in the incident on Monday.He said police believed the group of eight attackers were members of an armed criminal group.Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe West Papua National...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesThe ESG bar has just been raised... Who will get over it?SPONSOREDstrategia worldwideDay eight of self-isolation: not completely mental, but my socks have never been so neatly sorted.Read More
Over the last month, Orla Mining (TSX: OLA) has completed two deals that help pave the way for developing its Camino Rojo gold project in Mexico's Zacatecas state, 50 km southeast of Newmont's (NYSE: NEM) Penasquito mine.On March 26, the company unveiled a $75 million bought deal financing (36.6 million common shares at $2.05 per share). Newmont and Agnico Eagle Mines (TSX: AEM; NYSE: AEM) said th...Read More
Rockcliff Metals (CSE: RCLF) has released an updated resource for its wholly owned Rail deposit in central Manitoba, doubling both the total resource tonnes and contained copper-equivalent metal at the 20-sq.-km property.The deposit's indicated resources have increased to 1.17 million tonnes grading 3.52% copper-equivalent for a total of 90.7 million lb. contained copper-equivalent metal, compared...Read More
Following the declaration of emergency on March 17 under the Emergency Management and Civil Protection Act in Ontario due to the COVID-19 pandemic, the ability of holders of unpatented mining claims to perform assessment work required under the Mining Act in Ontario will be difficult or impossible until the government ordered social distancing measures have been lifted.Although the Ministry of Ene...Read More
Aim-listed Vast Resources has noted that all internal processes leading to the conclusion to the Chiadzwa Community Joint Venture (JV), which were expected to be finalised during March, have not completed during the month.This is owing to the Zimbabwe government having declared a 21-day lockdown in response to the Covid-19 pandemic, beginning March 30.AdvertisementVast indicates that it still expe...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe estimate is a slight increase from the $5-5.2 billion prior estimate with cost escalation partially offset by the impact of a weaker Chilean peso. Teck approved the $4.Read More
Everything will be fine. We'll all be back at work and filling up stadiums and paying for $10 beers to distract us soon. The Fed and the government got this! Whether it's unlimited bond purchases, buying ETFs, or heck, even taking direct ownership in companies, I have total confidence in the Federal Reserve to fix this crisis immediately and get us back to full employment. What's a few more tr...Read More
1933 Industries announces its second quarter 2020 financial results for the period ended January 31, 2020.Read full newsRead More
Range bound trade in gold and silver will be broken by tomorrow and a new range will be formed. A new month and a new quarter high on economic optimism but low on confidence. Uncertainty on global economy and inability to prevent coronavirus spread has resulted in gold remaining firm and crude oil and industrial metals trading with a softer bias. Spot gold should have broken past $1700. By the s...Read More
Range bound trade in gold and silver will be broken by tomorrow and a new range will be formed. A new month and a new quarter high on economic optimism but low on confidence. Uncertainty on global economy and inability to prevent coronavirus spread has resulted in gold remaining firm and crude oil and industrial metals trading with a softer bias. Spot gold should have broken past $1700. By the s...Read More
/CNW/ - Sirona Biochem Corp. (TSX-V: SBM) (FSE: ZSB) (US-OTC: SRBCF) (Read full newsRead More
Mark Twain said that history does not repeat itself, but it rhymes. It's certainly true in both life and financial markets. Let's explore how the receRead full newsRead More
Kirkland Lake Gold Ltd:Read full newsRead More
Talisker Resources (CSE:TSK) (OTCQB:TSKFF) has entered into an agreement with NaiKun Wind Energy Group Inc. to purchase 19 Crown Grant mineral claims within the Bralorne Gold Camp.Read full newsRead More