News and Reports

Year Ahead 2025

January 06, 2025

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

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

Mining industry at inflection point, says Rio chair...

May 04, 2023 / www.mining-journal.com

GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelAddressing the company's Australian annual general meeting for the first time since he became chairman last year, Barton said he was pleased with Rio's progress on bui...Read More

Albemarle cuts guidance on weaker lithium prices

May 04, 2023 / www.mining-journal.com

 Albemarle reported net sales of US$2.6 billion, an increase of 129%, while net income rose by 389% year-on-year.Read More

Vulcan raising to advance lithium project

May 04, 2023 / www.mining-journal.com

Look beyond market approach to project valuations: van ZylLeadershipGoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesThe funding will enable the ordering of long lead items for both the lithium and geothermal energy plants. Canaccord and Merrill Lynch are involved in the fundraising.Read More

"How Can This End Well?"

May 04, 2023 / dailyreckoning.com

"Current situation:Interest rates at their highest level since 2006Credit card debt set to cross $1 trillion for the first timeMultiple regional banks on brink of collapseRegulators believe in "system is strong"One month away from U.S. defaultHow can this end well?"Here you have the reflections of economics crackerjack Adam Kobeissi - he of the eponymous Kobeissi Letter.Indeed: How can this end we...Read More

The Fed's Final Rate Hike?

May 03, 2023 / dailyreckoning.com

25 basis points...The Federal Reserve elevated its target rate 25 basis points this afternoon.That rate squats presently between 5% and 5.25% - the highest level since September 2007.Here is the question spilling from every pair of lips: Was today's the final rate hike?Will Mr. Powell scratch Wall Street's belly... and caress its gills... by "pausing"?Markets presently give 90.4% odds that the Fed...Read More

OceanaGold beats EPS forecasts as growth plans progress...

May 03, 2023 / www.mining-journal.com

Higher metals prices offset a 6% quarter-on-quarter drop in gold sales, resulting in quarterly consolidated revenue of US$243.9 million, marginally beating $238.Read More

Aterian eyes international market with Rwanda trade...

May 03, 2023 / www.mining-journal.com

GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe London-listed exploration and development company said it has visited with 28 tin and tantalum artisanal miners who seem keen to sign on the dotted line with them.Read More

Barrick expects strong second semester after soft Q1...

May 03, 2023 / www.mining-journal.com

The results continue Barrick's production slide, which saw gold output fall 3.8% year-on-year to 952,000oz, while copper output fell 12.9% to 88Mlb, with lower output contributing to a 17.Read More

Albemarle investing big in Australia

May 03, 2023 / www.mining-journal.com

The board has approved the construction of two additional processing trains at Kemerton to double hydroxide output to up to 100,000 tonnes per annum.Read More

Investors Flock to Gold as Banks Collapse

May 03, 2023 / www.outsiderclub.com

The banks are in it deep.Three of the four biggest U.S. bank failures in history have occurred over the past 55 days. And depositors across the nation are (rightfully) getting concerned.With $230 billion in assets, First Republic Bank was the latest victim of its own high-risk lending practices. The FDIC took control of the bank on Monday, selling its assets off to JPMorgan Chase. The First Repub...Read More

Lockdowns Now Hitting Engagement Sales, says Signet

May 03, 2023 / www.idexonline.com

(IDEX Online) - Signet, the US's biggest jewelry chain with 2,800 outlets, says an "engagement gap" is to blame for falling ring sales.The Covid pandemic was a passion killer. Relationships that may otherwise have led to 2023 weddings faltered, or never happened in the first place, as lockdowns forced people to stay at home.The average time from the first date to marriage is just over three y...Read More

NexGen confident on US$1B-plus loan for Rook 1

May 02, 2023 / www.mining-journal.com

"The receipt of these expressions of interest are a clear de-risking step demonstrating lender confidence in the economics of the Rook I project, the uranium market fundamentals incorporating theRead More

Rising freight rates start to weigh on iron ore miners...

May 02, 2023 / www.mining-journal.com

GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelAs iron ore has been sinking, ship hiring costs, measured by the Baltic Dry Index (BDI), have been rising, up an eye-catching 200% over the past 10 weeks.Read More

New World scopes Arizona copper mine

May 02, 2023 / www.mining-journal.com

GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelNew World, which had A$5.Read More

New mining law passed in Mexico

May 02, 2023 / www.mining-journal.com

GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelWith the passing of a mining bill, president Andres Manuel Lopex Obrador (AMLO) successfully reduced the term of mining concessions from 100 years to 80, made water pe...Read More

Zales Launches Rental Scheme for Lab Grown Diamond Jewelry

May 02, 2023 / www.idexonline.com

(IDEX Online) - US jeweler Zales has launched a "fine jewelry rental" scheme for lab grown diamonds.Customers pay 10 per cent of the retail price to borrow items for weddings or special occasions.The Zales x Rocksbox program is being piloted in-store at 28 branches of Zales, and could be rolled out to other banners in the Signet family. It is a collaboration with Rocksbox, the jewelry rental...Read More

Northern Dynasty Minerals receives encouraging U.S. Army Pebble report, Alaska

May 02, 2023 / www.canadianinvestor.com

Share this article VANCOUVER - Northern Dynasty Minerals Ltd. [NDM-TSX; NAK-NYSE American] reported that the April 25, 2023, action by the U.S. Army Corps of Engineers (USACE) Pacific Ocean Division to remand the permit decision back to the USACE (Alaska District) is a strong win for the company's Pebble project, southwest Alaska."We have been saying that the record of decision (ROD) process was...Read More

Belgian 'disruptors' target De Beers in Botswana

May 02, 2023 / www.mining-journal.com

GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThey are locked in a struggle to loosen the grip of De Beers on Botswana's mining industry that has held sway for half a century.Read More

Robots Take Over the Most Critical Market on Earth

May 02, 2023 / www.outsiderclub.com

If you search online for real-world robots that are actually working today, you'll most likely see things like this:Or, more recently, maybe even something like this: But is this really the best we can do? Robots aren't meant to just stack boxes and flip burgers for eternity. They're meant for much more noble roles. In fact, they're already becoming the greatest accessibilit...Read More

China's PMI fall stokes commodity demand worries

May 02, 2023 / www.mining-journal.com

The key index for measuring macroeconomic trends "plummeted" from 51.9 in March to 49.2 in April, which was "well below" forecasts of 51.4, Commonwealth Bank of Australia analyst Vivek Dhar said.Read More

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