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
Cytokinetics, Incorporated (NASDAQ:NASDAQ:CYTK) Q4 2022 Earnings Conference Call March 1, 2023 4:30 PM ETCompany ParticipantsDiane Weiser - Senior Vice President, Corporate Communications...Read full newsRead More
The following slide deck was published by Cardlytics, Inc.Read full newsRead More
Energy Transfer released earnings on Feb. 15, and while the company beat both East Daley and consensus expectations, 2023 guidance came in well below our forecast.Read full newsRead More
Crocs' HEYDUDE acquisition is showing signs of early success with plans to grow the brand in the US and internationally. Read what this meanas for CROX stock.Read full newsRead More
Tesla executives met last month with Chilean authorities, including the ministers of foreign affairs and mining, as well as representatives for the country's development agency Corfo, as the electric cars maker redoubles efforts to secure supplies of battery metals, particularly lithium.The hearings, local newspaper La Tercera reports, also included executives from Albemarle (NYSE: ALB), the word'...Read More
At its investor day on March 1, Tesla unveiled a master plan which includes a platform for building next-generation electric vehicles, with a powertrain containing a permanent magnet motor that willRead More
Rumors swirl... that an abominable bogeyman has risen from the grave... and that he is hot for blood.He is the scourge of Washington. He is the dread of Wall Street.This fee-fi-fo-fum's return - if the sightings can be authenticated - would have markets wriggling in exquisite torture.What precisely is this creature? And why is he now climbing from the grave?Answers to follow. First we look in on h...Read More
The numbers are in for mine financings in 2022, and they are disappointing, if not surprising. According to just-released figures from the Prospectors and Developers Association of Canada, global financing for mining last year, combining debt and equity, declined to a dismal US$41.8 billion from US$65 billion the previous year. That's a 50% drop in equity financing (from US$34 billion to US$17...Read More
Coda's copper deposits: the hippo atop an elephantSPONSOREDcoda mineralsPanoro targets Cotabambas PFS by end of yearSPONSOREDpanoro mineralsAnglesey makes up for lost time at Parys MountainSPONSOREDanglesey mining Saudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAccording to figures released by SAVANT this week, global smelting act...Read More
Well-funded explorer Copper Search is preparing to drill its top four priority iron oxide-copper-gold targets in an emerging copper district in South Australia - north of the Prominent Hill, Olympic Dam and Carrapateena IOCG operations - CEO Duncan Chessell tells Mining Journal.Read More
One of the highlights of my week is the Paradigm Editorial Call.All the big boys are there; Byron King, Ray Blanco and Dan Amoss... to name a few.Jonathan Rodriguez always arrives armed with reams of statistics.Ace options trader, Alan Knuckman, keeps us from straying too far into pessimism. I've learned truckloads about options and attitude since Alan started joining our call. To paraphrase Don R...Read More
(IDEX Online) - Trans Atlantic Gem Sales (TAGS) says it sold around $20m of South African rough at its February tender, in Dubai.That's an increase on the $14m it sold in December, but still far short of the record $75m it sold last March."We presented a relatively conservative volume of goods in line with recent events," the company said. "The overall reaction this month would indicate a sli...Read More
(IDEX Online) - British miner BlueRock Diamonds has put its Kareevlei Mining subsidiary into business rescue amid mounting debts.It follows the suspension of its shares on the AIM last week.Kareevlei Mining currently owes $4.1m to Teichmann South Africa, the construction and mining service group, though it said it had paid its February salaries and diesel bill.Business rescue temporarily protects...Read More
Local press reported that a consortium of representatives from BHP met with the Minister of Mining Carlos Astudillo and governor Sergio Uñac.Read More
Panoro targets Cotabambas PFS by end of yearSPONSOREDpanoro mineralsCoda's copper deposits: the hippo atop an elephantSPONSOREDcoda mineralsSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAnglesey makes up for lost time at Parys MountainSPONSOREDanglesey mining LTCM was founded in 1994 by a renowned 1980s Wall Street bond trader,...Read More
Coda's copper deposits: the hippo atop an elephantSPONSOREDcoda mineralsPanoro targets Cotabambas PFS by end of yearSPONSOREDpanoro mineralsAnglesey makes up for lost time at Parys MountainSPONSOREDanglesey mining Saudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesLast week, BHP boss Mike Henry said after spending weeks travelling, i...Read More
Chile's state-owned copper company selected the candidates via a system on the state-run civil service website. Four of the company's nine directors have been selected in this way.Read More
Lithium Americas (TSX: LAC; NYSE: LAC) announced Thursday it has kicked off construction at its 100%-owned Thacker Pass lithium project in Humboldt County, Nevada, following the receipt of notice to proceed from the Bureau of Land Management (BLM).The announcement follows a federal court ruling from February rejecting claims that the project would cause "unnecessary harm to the environment or wild...Read More
Emerita Resources (TSXV: EMO; US-OTC: EMOTF) says new high-grade gold and silver results from its La Romanera polymetallic project in southwestern Spain will add key value to the pre-resource deposit.Toronto-based Emerita released assays from seven drill holes at its wholly-owned Iberian Belt West (IBW), comprising three polymetallic deposits and located about 144 km west of Seville, near the bord...Read More
Ontario plans to ease applications to harvest tailings, defer up-front environmental assurance payments and broaden mine-closure plans, according to new legislation proposed on Thursday. The ruling Conservatives under Premier Doug Ford say the changes will attract more investment to the province that in 2021 produced minerals valued at more than $11.1 billion, about a fifth of Canada's output....Read More