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
Share this article VANCOUVER - Iamgold Corp [IMG-TSX, IAG-NYSE] Interim President and CEO Maryse Belanger said 2023 will be a pivotal year for the company as it continues to focus on development of the Cote gold project in Ontario, which is 73% complete.The prediction is contained in a press release containing Iamgold's financial and operating results for the fourth quarter and year ended Decembe...Read More
Glencore (LSE: GLEN) is facing a fresh lawsuit in the U.K. related to alleged losses to shareholders resulting from the mining and commodities trader's involvement in bribery. Legal & General Group filed claims against Glencore on Jan. 10 in London's High Court, adding to several lawsuits brought by investors since the company paid about US$1.5 billion to settle long-dragged probes in the U.S., B...Read More
Data from COES, the committee which administers Peru's national grid, studied by Reuters, identified periodic falls in power consumption, suggesting times when the mines and their plants ease back onRead More
Advances in technology to increase metal recovery could save billions of dollars and wipe out the 20% gap between copper supplies and demand as green energy accelerates, according to a new report by McKinsey & Co. Electrification is expected to increase global annual copper demand to 36.6 million tonnes by 2031 while current mines, probable projects and recycling may supply 30.1 million tonnes...Read More
Resolute has been rapidly paying down the debt that hampered its share price in the past. The company ended 2022 with net debt of US$31.6 million, down 80% year-on-year, after an equity raise.Read More
The past year has seen Anglesey completing the first drilling programme at Parys Mountain since 2012, while an internal review of the project's promising Northern Copper Zone, released in November, showed substantial upside to the existing inferred resource base.Jo Battershill, Anglesey's CEO, has been busy lining up service providers and consultants ahead of a pre-feasibility study planned for 20...Read More
New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesThe low-profile return follows a troubled corporate history and embarras...Read More
New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resources"When you are trying to justify a new project you are trying to ascertai...Read More
When it comes to Japan-Canada trade, Canadian companies tend to sell mineral resources to the east Asian country rather than mine them there. But a small number of Canadian explorers are going against that grain in their search for Japan's best kept secret: its array of high-grade gold prospects accessible by top notch infrastructure and in a geopolitically stable environment. Vancouver-bas...Read More
Australia's Atlantic Lithium (LSE: ALL; ASX: A11) said on Friday that is engaged in talks with Ghana's state-owned Minerals Income Investment Fund (MIIF) for funding of up to US$30 million.The exploration and development company is developing the Ewoyaa project in central Ghana, which would be the country's first lithium mine.Atlantic says the operation, which is expected to begin production in th...Read More
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) delivered solid operating performance in a challenging cost and workforce environment during the fourth quarter and throughout 2022, with payable gold production of nearly 800,000 oz. and 3.1 million oz. in these periods respectively, the company reported on Friday.The full-year production figure represents the highest ever recorded in the Canadian gold min...Read More
A few days ago, I appeared on the Angel Research Podcast, and the very first thing we had to talk about was the Chinese spy balloon. (You can see that conversation here.)At the time of the recording, a lot of the details were murky. It wasn't clear exactly what had happened, how the balloon was able to get as far as it did, or why the incident wasn't prevented in the first place.Now, here we are a...Read More
Jesus in the wilderness faced three temptations from the Devil himself: material comfort, fame, and power. Needless to say, he declined every temptation and passed all three trials.So too did the couple seeking to enter the order of virtue in Mozart's The Magic Flute. They blasted right through the tests of silence, isolation, and fear. In the opera, much celebration ensues.Fairy tales too are oft...Read More
"Thank goodness for the lockdowns; this will end the pandemic."The lockdowns hit us hard from mid-March 2020 and onward, imposed as if they were a conventional response to a circulating new pathogen, though they literally had no precedent in history.All of this was based on the astonishing announcement by the Trump administration: "Governors should close schools in communities that are near areas...Read More
"In Iron Solutions, we advanced on our path to becoming the supplier of choice for high-quality products, leveraging Vale's unique mineral endowment and capitalizing on the decarbonization trend ofRead More
Dan Symons, president and CEO of C3 Metals discusses drilling at a copper-gold prospect in Jamaica and plans for an initial resource this year at the Jasperoide project in Peru. Symons spoke with Northern Miner staff reporter Henry Lazenby at VRIC in January.Read More
Including the full year of production from the Kirkland Lake Gold mines, acquired in February 2022, total payable gold production in 2022 was 3.Read More
Spiros Cacos, vice-president of investor relations with Century Lithium discusses extracting lithium from claystone at its Clayton Valley Lithium project in Nevada, where it plans a feasibility study this year. Cacos spoke with Northern Miner staff reporter Henry Lazenby at VRIC in January.Read More
The U.S. economy has much uncertainty regarding inflation and interest rates and any economic slowdown will impact the services segment and Sysco. Click to read.Read full newsRead More
Huntsman Corporation, originally a cyclical commodity play with a mixed track record, has transitioned via recent deals. Read why I see real appeal with HUN stock.Read full newsRead More