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
Impact Minerals Limited (ASX:IPT) is pleased to announce that it has signed a binding term sheet with Playa One Pty Ltd, an unrelated private company, to earn an 80% interest in the advanced Lake Hope High Purity Alumina (HPA) Project in Western Australia. Impact to acquire an 80% interest in the La...Read full newsRead More
(TheNewswire) Vancouver, British Columbia TheNewswire - March 20, 2023 Xander Resources Inc. (Read full newsRead More
The negative global banking news flow dragged down FLIN ETF in recent weeks. See why I view current levels as a compelling entry point.Read full newsRead More
Upwork plans to expand its growth into the enterprise and has already worked with over 30% of the Fortune 500. Read more to see why UPWK stock is a Buy.Read full newsRead More
IAT invests in regional bank stocks within the United States. Read more to see my thoughts on the ETF and what prompts my Hold rating.Read full newsRead More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipVideo Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd With large gold and copper companies circling the region,...Read More
Share this article VANCOUVER - Jourdan Resources Inc. [JOR-TSXV; 2JR1-FSE] has published the final set of assay results of its summer/fall 2022 drilling campaign on its flagship Vallee lithium project, located 35 km north of Val d'Or , Quebec, Canada. Results from the final 13 holes have been received following the results of 19 holes disclosed in the company's previous news releases dated Januar...Read More
(IDEX Online) - Diamonds Do Good (DDG), the non-profit that highlights the industry's positive impact, is to honor De Beers Group, Rosy Blue, Val?? (C)rie Messika, and Lorraine West.They will receive awards at its annual gala, on the eve of JCK Las Vegas in June.The Good Award, DDG's highest accolade, goes to De Beers in recognition of its "commitment to create lasting positive imp...Read More
"I expect we will experience zero stock of copper this year," co-head of Trafigura's metals and minerals division Kostas Bintas said.Read More
(IDEX Online) - Interpol has lifted the red notice imposed in 2018 preventing fugitive diamantaire Mehul Choksi from traveling freely.The 195-nation group that facilitates cooperation between police forces says there's a risk he won't receive a fair trial if he is returned to India.Choksi, 63, together with his nephew Nirav Modi, 53, is wanted by authorities in his native India over the...Read More
(IDEX Online) - Burgundy today said it was ditching plans to buy Australia's mothballed Ellendale deposit, a move that would have revived the country's dormant diamond mining industry.The move follows its announcement last week that it was going ahead with $136m deal to buy the Ekati mine, in Canada. Both Ellendale (pictured) and Ekati are sources of high-value yellow diamonds.Burg...Read More
Contango Ore (NYSE American: CTGO) has secured a US$70 million loan from two banks to cover its share of the pre-production capex for the Peak Gold Joint Venture, owner of the Manh Choh gold project in Alaska.Mining banks ING Capital and Macquarie arranged the loan. "Along with our upcoming equity raise, we will fully fund our obligation to the joint venture through production...," said Contango's...Read More
The updated MRE shows that the deposit now contains 249,000oz of gold, 46,000t of copper and 48,000t of zinc.Read More
Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc. Trafigura in February announced it has booked a US$577 million charge after discovering...Read More
Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Wyloo, a subsidiary of Andrew Forrest's private business Tattarang, and its associates ar...Read More
Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Malaysian bullion dealer and 27.27% Besra shareholder Quantum Metal Recovery is set to pr...Read More
George Cheveley, portfolio manager at Ninety One, told attendees in Lausanne, Switzerland, that even where capital was available, other risks were constraining spending.Read More
Headlines this past week have been dominated by the new global banking crisis and rightly so.We've seen the sequential collapses of Silvergate Bank, Silicon Valley Bank and Signature Bank, along with the bailouts of First Republic Bank and Credit Suisse.You can be certain that more bank failures are on the way. And you can be sure I'll be on top of it.Still, the banking crisis is not the only news...Read More
Investors are obsessed with this bear market.Everyone wants to know when it will officially end and when they can go back to blindly buying stocks. They're distracted by every possible piece of bearish news. Once-ignored economic numbers are now the focus of tedious news reports, leading to wild intraday price action as traders jockey for position.Throw a fresh bank crisis in the mix, and we're le...Read More
Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Avino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesThe junior also obtained a US$2 million term loan from diversified miner and trader ...Read More