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
Harris started at Sandfire on April 3 and has since visited the company's flagship MATSA complex in Spain and will visit its new Motheo operation in Botswana next month.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumPreventing Crusher Events: How GET Trakka Helps Keep Mines Running SmoothlySPONSOREDcr powered by epirocTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelA year ago, Cyprium directors were racing toward copper production "in the second half of 2023", touting "...Read More
The company said the integration of the acquisition assets is progressing well, and it is on track to realise the US$40-60 million in annual synergies it anticipated.Read More
Kodal announced on April 27 that it had agreed to extend the deadline for the completion of the funding package, from April 30 to May 31 of this year.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumPreventing Crusher Events: How GET Trakka Helps Keep Mines Running SmoothlySPONSOREDcr powered by epirocTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickel"The first quarter of 2023 was a difficult one for our business," MMG's interim CEO Liangang Li said.Read More
Chief executive Laurel Sayer said the permitting process "is progressing well" with federal agencies, given that the US Forest Service backed the company's preferred environmental approach asRead More
After trading above $2,000 an ounce for nearly three weeks straight, gold prices have pulled back a bit on profit-taking and firming up the U.S. dollar.However, all the fundamentals that have taken gold prices from under $1,700 per ounce in November to $2,000 per ounce today are still in place, particularly in regard to the longer-term decline of the dollar. So I think this dip back below the $2,0...Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumPreventing Crusher Events: How GET Trakka Helps Keep Mines Running SmoothlySPONSOREDcr powered by epirocTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe data showed that US$33.16 billion worth of deals were done in Q1, which is up by 20% quarter-on-quarte...Read More
The project would yield an after-tax net present value of C$1.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumPreventing Crusher Events: How GET Trakka Helps Keep Mines Running SmoothlySPONSOREDcr powered by epirocTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelRead More
GoviEx edges closer to productionSPONSOREDgoviex uraniumPreventing Crusher Events: How GET Trakka Helps Keep Mines Running SmoothlySPONSOREDcr powered by epirocTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelNickel was the worst performer, down 5% to US$23,266.99 per tonne, which erased this month's rally. Copper...Read More
Production was also impacted by weather events in Zambia, as revenues fell to $1.6 billion from $2.2 billion a year ago. "What could go wrong basically did," summarised Jeffries in a research note.Read More
(IDEX Online) - Antwerp's Diamantkring has become the first bourse to partner with the Natural Diamond Council (NDC).The New York-based NDC (known as the Diamond Producers' Association until June 2020) promotes the industry and educates consumers.Its members include miners De Beers Group, Lucara Diamond, Petra Diamonds, RZM Murowa, and Rio Tinto - representing about three quarters of the...Read More
Nickel was the worst performer, down 5% to US$23,266.99 per tonne, which erased this month's rally. Copper, considered to be an economic barometer, dropped 2.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumPreventing Crusher Events: How GET Trakka Helps Keep Mines Running SmoothlySPONSOREDcr powered by epirocTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe proposed split was criticised for the transition capital structure, which would have seen Teck Metals...Read More
Share this article TORONTO - SPC Nickel Corp. [SPC-TSXV] released new assay results from its phase 1 drilling campaign, including the complete assay results from hole WG-23-026, at the recently consolidated West Graham and Crean Hill 3 properties located in the world-class nickel-copper mining district of Sudbury, Ontario.Highlights: The ongoing 5,000-metre drill program is focused on confirming,...Read More
The Wilson Center, chartered by Congress in 1968, is the US's key non-partisan policy forum for tackling global issues through independent research and open dialogue to inform actionable ideas for theRead More
In February, Los Andes published a prefeasibility study (PFS), which featured a 136,000tpd operation to produce 183,000tpa of copper, 11Mlbpa of molybdenum and 1.Read More
(IDEX Online) - Rio Tinto reported a small drop in first quarter diamond production at its Diavik mine in Northwest Territories, Canada. It recovered 954,000 carats, down four per cent from 991,000 carats in Q1 2022, and down 27 per cent on Q4 2022.Rio Tinto, the world's second-largest metals and mining corporation, said the lower production was because of temporary restrictions accessin...Read More