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
(IDEX Online) - Rio Tinto is to invest $40m to extend the life of Diavik, Canada's largest mine, on the edge of Arctic Circle.It says that underground mining below the existing A21 open pit operation should yield an additional 1.4m carats and extend the life of the deposit into the first quarter of 2026. It had been scheduled to close in 2025.Rio Tinto, the world's second-largest metals...Read More
Share this article VANCOUVER - i-80 Gold Corp. [IAU-TSXV] has agreed to acquire Paycore Minerals Inc. [CORE-TSXV] in a definitive share exchange deal that aims to consolidate mining assets in the northern portion of Nevada's Eureka District.Transaction highlights include an exchange ratio of 0.68 of an i-80 Gold common share for each Paycore share held, representing a 36% premium for Paycore shar...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 That's up from a previous target, set in November 2021, of 75%. On a g...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 resourcesSales for the six months to December 2022 rose by 21% year-on-year, to...Read More
The Dow Jones Industrial Average fell 873.83 points or 2.6% to 32,816.92 during the Feb. 21-24 trading period after the U.S. Commerce Department reported higher-than-expected inflation for January of 6.4% a year. The S&P 500 dropped 109.05 points or 2.7% over the week to 3,970.04.Analysts had predicted 6.2% inflation last month following 6.5% in December. The modest drop prompted concerns the U.S....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 Questions on the issue dominated a conference call for Lynas' half-ye...Read More
(IDEX Online) - The G7 nations said they would work towards measures against Russian diamonds as they marked the first anniversary of its invasion of Ukraine, but gave no specific details. But the Jewelers Vigilance Committee (JVC) says it has received information that new restrictions are likely to specifically target all polished diamonds from Russia, regardless of where they are cut and po...Read More
Australia's Recharge Industries, which is building a lithium ion cell factory at home, has acquired the proprietary technology developed by Britishvolt, a failed U.K. company.The startup collapsed early this year after struggling to fund a major electric vehicle (EV) battery recycling plant in northern England.The ?3.8 billion (US$4.6 billion) battery plant Britishvolt wanted to build had bee...Read More
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence.TNM Drill Down Feb 17-24.South America was responsible for producing the top two drill assays of last week. On Feb. 21, New Pacific Metals (TSX: NUAG) reported that drill hole DCAr0096 at its exploration-stage Caranga...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 Share price falls of around 11% over the past month by BHP and Rio Tin...Read More
During the decade Alp Bora spent as a mechanical engineer in mining, he saw the industry's reputation suffer in the court of public opinion due to multiple incidents of environmental disasters, corporate malfeasance, and on-site accidents.Bora became concerned about the industry's future as he observed the disconnect between public perception and mining's vital role in sustainable technologies.Wit...Read More
The all stock, no premium merger would join Integra's DeLamar project in Idaho with Millennial's Wild Cat and Mountain View projects in Nevada, with combined gold resources of more than 6Moz.Read More
Australia's Jindalee Resources (ASX: JRL) says it has the largest lithium deposit in the United States after updating the resource for its McDermitt project to 21.5-million tonnes of lithium carbonate equivalent (LCE), up 65% from the 13.3 million tonnes reported last year.The asset, on the Nevada-Oregon border, is now estimated to hold combined indicated and inferred mineral resources of 3 billio...Read More
Stocks fell during the Feb. 21-24 trading period after higher-than-expected U.S. inflation for January of 6.4% a year prompted concerns that central banks would maintain higher interest rates for longer. Analysts had forecast 6.2% inflation last month, while the rate was 6.5% in Dec. Keeping money more expensive to borrow than in recent years could potentially slow the economy. The S&P/TSX Compo...Read More
Scott Berdahl grew up prospecting in the Yukon wilderness with his brother and his dad Ron, who's been a prospector in the territory since the 1980s. But the 37-year-old Whitehorse-based CEO and cofounder of Yukon-focused explorer Snowline Gold (CSE: SGD; US-OTC: SNWGF) took a roundabout route to where he is now. Berdahl studied writing, aerospace engineering, geology, and business at three dif...Read More
McEwen Copper, a subsidiary of McEwen Mining (TSX: MUX; NYSE: MUX) is attracting investments for its Los Azules copper project in the San Juan province of Argentina. Nuton, a Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) subsidiary that had already invested $25 million for 9.7% stake in McEwen Copper last August, has promised a further $40.7 million (US$30 million). Stellantis, a leading international...Read More
Anglo American plc (OTCQX:AAUKF) Q4 2022 Earnings Conference Call February 23, 2023 4:00 AM ETCompany ParticipantsStuart Chambers - ChairmanDuncan Wanblad - Chief Executive OfficerStephen...Read full newsRead More
We provide an update on a black sheep in the HDO Model Portfolio. It had a great 2022, but its checkered past means we're maintaining a Hold status on HFRO for now.Read full newsRead More
The following slide deck was published by Hikma Pharmaceuticals PLC in conjunction with their 2022 Q4 earnings call.Read full newsRead More
Hikma Pharmaceuticals PLC (OTCPK:HKMPF) Q4 2022 Earnings Conference Call February 23, 2023 6:00 AM ETCompany ParticipantsSusan Ringdal - EVP, Strategic Planning and Global AffairsSaid...Read full newsRead More