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
Gold mining companies have been grabbing headlines this year with a flurry of merger and acquisition (M&A) activities. The biggest deals in the gold sector include the world's largest gold producer, Newmont (TSX: NGT; NYSE: NEM), seeking to build a global gold superpower by approaching Australia's Newcrest Mining (TSX: NCM; ASX: NCM) with a US$17 billion takeover offer. Agnico Eagle Mines (TSX: AE...Read More
This is big news. Let me tell you exactly what it means for the future of artificial intelligence, and more specifically AI art.A digital artist was recently handed the U.S. Copyright Office's (USCO) favorite response: a resounding "no!" The artist admitted on social media that AI-generated images were used as illustrations in a comic book called Zarya of the Dawn. When the entire book itsel...Read More
This week's episode features Nickel 28 chairman Anthony Milewski on recent developments in industrial metals, particularly in the United States following the Inflation Reduction Act legislation. Anthony suggests that it could be an "interesting moment" for speculators, as the U.S. looks inwards to source metals for its supply chains. He also discusses his thoughts on the LME and its potential loss...Read More
Gold and other precious metals play a critical role in modern society - both as a store of value and for achieving a low-carbon future. More mining companies are responding to the demand for these resources. Here's a glimpse of eight companies exploring for gold and precious metals.Collective MiningCollective Mining (TSXV: CNL; US-OTC: CNLMF), a Toronto-based explorer, is focused on extending the...Read More
Share this article VANCOUVER - Nevada Sunrise Metals Corp. [NEV-TSXV; NVSGF-OTC] has received initial geochemical analyses for lithium mineralization in sediment and groundwater samples collected from the first 1,500 feet (457.32 metres) of borehole GEM23-04, drilled at its 100%-owned Gemini Lithium Project located in the Lida Valley basin in Esmeralda County, Nevada.Drilling of borehole GEM23-04...Read More
The toughest part of any new bull market is the beginning.Traders usually refer to these early-stage moves as disbelief rallies for obvious reasons. During a bear market's last gasps, buyers are bled dry. Fear of missing out has sucked them into every relief rally, only to trap them in their snapback plays when everything begins to fall apart. The bulls are mentally exhausted - and many simply giv...Read More
(IDEX Online) - Police say $500,000 of diamonds were stolen from a car by knife-wielding robbers in Inglewood, California, USA.Video of the incident appears to show a suspect climb through a passenger window and grab a duffel bag.The victim's car was boxed in by one vehicle in front and another behind.Two suspects then drove off in a white car. Police say there were no reported injuries...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 The company has secured commitments to raise A$18 million at 50c and i...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 resourcesHe was speaking a fortnight ago after Glencore reported record full-ye...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 Revenue was a record $431.7 million on the sale of 46,005 tonnes of co...Read More
(IDEX Online) - India's commerce ministry has approved an investment of almost $30m over the next five years to establish and fund a center for lab grown diamonds.It follows the abolition in last month's budget of a five per cent import levy on the graphite seeds used to create lab grown diamonds.Finance Minister Nirmala Sitharaman also pledged to fund five years of research and developm...Read More
Generation Mining's (TSX: GENM) Marathon palladium-copper development in northern Ontario is among few critical minerals projects in Canada to recently seal both government approval and local Indigenous support. In late November, the federal and provincial governments approved Marathon's environmental assessment (EA), marking major progress for the project. "I believe we're the only mining c...Read More
(IDEX Online) - The French luxury conglomerate LVMH is reported to be considering a possible takeover of its Swiss rival Richemont, owner of Cartier, the world's second-largest watchmaking brand.Bernard Arnault, LVMH chairman and CEO - and currently the world's richest person - is eyeing the empire founded by South African businessman Johann Rupert in 1988, according to the Swiss newspap...Read More
Galway Metals' (TSX: GWM) new drill results from its Clarence Stream gold project in New Brunswick may boost a plan to link three small pits into one, according to Laurentian Bank. "The bulk of these assays are from outside of the current pit shells, so there is good potential for the resource base to grow," Jacques Wortman, a mining analyst for Laurentian, wrote in a note on Tuesday. "The assay...Read More
It's extremely difficult to find the truth about the war in Ukraine.The first reason for this is because... it's a war. Wars are always difficult to gauge in real-time. The phrase "fog of war" was invented to convey the uncertainty and imprecision about the progress of any particular war.Still, there's another reason the war in Ukraine is confusing for so many.It's because the Ukrainian propaganda...Read More
Rainbow is developing the Phalaborwa project in South Africa, which consists of phosphogypsum tailings stacked in unconsolidated dumps derived from historic phosphate hard rock mining.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 Many rare earth juniors report their drilling assays in a very similar...Read More
The government of Armenia has inked a US$250-million deal with Lydian Armenia, the company who owns the licence to operate the vast Amulsar gold mine, effectively allowing the resumption of operations.Minister of Economy, Vahan Kerobyan, said in a statement that, as part of the agreement, Lydian had yielded 12.5% of its shares in the gold mine to the government.The company is also expected to pay...Read More
Chinese media outlet Calian reports that all mines that hold valid governmental permits have resumed production. "The impact of the latest shutdowns in Jiangxi is overblown.Read More
REMX is an excellent vehicle for investors wishing to add rare earth exposure to their portfolio. Read more to see why I rate REMX ETF a Hold.Read full newsRead More