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
Apollo sees stars align at CalicoSPONSOREDapollo silverExcellon CEO hails 'transformational' La Negra acquisitionSPONSOREDexcellon resourcesSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resources Asante targets 400,000oz in 2023SPONSOREDasante gold corporationATAC responded that it did not believe the offer "fully captured the signif...Read More
Africa-focused Gemfields (LSE: GEM; JSE: GML) said on Tuesday it had suspended operations and was evacuating personnel from its Nairoto exploration camp in Mozambique following an attack on a nearby village.The company's project is located in the resource-rich northern Cabo Delgado province, which has become the epicentre of Islamic extremist insurgency.The violent rebellion, locally known as al...Read More
Boliden reported a fourth-quarter EBIT of SEK3.2 billion (US$310 million), missing consensus estimates of SEK3.47 billion.Read More
The massive surge in AI-related news isn't just hype. This is going to be HUGE.Just about every stock in the sector is posting incredible gains... but finding a company that will stay profitable in the long run is anything but easy. I hesitate to call this an AI bubble, but there will undoubtedly be some overhyped, overvalued stock picks that will inevitably crash and burn within mere months...Read More
Veronique Noll, vice-president of products and solutions with PhotoSat discusses her company's work using satellite imagery to produce geospatial surveys and maps for mining clients. Noll spoke with Northern Miner staff reporter Henry Lazenby at AME in January.Read More
Despite tight restrictions, an Australian junior is planning to begin construction of Chile's first new lithium project in decades. Home to the world's largest lithium reserves, Chile's exports of the mineral have soared in recent years as producers Albemarle (NYSE: ALB) and SQM (NYSE: SQM) have rushed to expand capacity to meet red-hot demand from the electric vehicles industry. Exports rose 47%...Read More
(IDEX Online) - Botswana is threatening to walk away from its deal with De Beers unless it can agree "more favorable" terms.Both sides signed up to an agreement in 2011, whereby the government sells most of the country's rough production through Debswana, a 50-50 partnership with De Beers.But several attempts to renegotiate the deal have ended in failure.On Sunday Botswana's President Mo...Read More
Ivanhoe Electric (TSX: IE) has provided an updated mineral resource estimate for the Santa Cruz copper project located west of Casa Grande, Ariz., which now includes the first resource for the East Ridge deposit directly adjacent to the Santa Cruz deposit and for the Texaco deposit 1.6 km to the northeast.This resource update is based on much higher cut-off grades than the 0.39% used in the Decemb...Read More
Saudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesExcellon CEO hails 'transformational' La Negra acquisitionSPONSOREDexcellon resourcesApollo sees stars align at CalicoSPONSOREDapollo silver Asante targets 400,000oz in 2023SPONSOREDasante gold corporation Byline: Robert Wachman Text: If we believe miners represent both a g...Read More
In yesterday's issue, I addressed the biggest and most complex topic on the geopolitical landscape today - China.But today I'm discussing what is by far the most alarming topic on the geopolitical landscape today. That's the war in Ukraine and the dangers of escalation.I've written extensively about two facets of the war in Ukraine that you don't hear from legacy media in the United States or U.K....Read More
Alaska-focused developer Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) has released an updated feasibility study for its Arctic copper-zinc-lead-silver-gold project in the Ambler mining district, outlining slightly weaker economics amid an inflationary backdrop.Trilogy, which has a 50% stake in Ambler Metals, a joint venture with South32 Ltd. (LSE: S32; ASX: S32; JSE: S32), outlined a 10,000-tonne-per-d...Read More
Explorer and developer Bluejay Mining (LSE: JAY) said on Tuesday it would not spin off its battery and critical metals exploration subsidiary Disko Exploration, as previously announced.Executive chairperson Robert Edwards, who joined the Bluejay team in October, said that after completing a strategic review, the company has concluded a demerger was not the best way forward. The junior had annou...Read More
Annual metal production falls slightly to 148.8Mlb copper, 172.6Mlb zinc, 27.8Mlb zinc, 32,539oz gold and 2.8Moz silver following an initial capital cost of US$1.7 billion, up from $1.Read More
The update on Santa Cruz in Arizona, US saw the cut-off grade almost double to 0.7% copper, most inferred resources upgrade to indicated and maiden resources from the East Ridge and Texaco deposits.Read More
(IDEX Online) - Pandora, the world's biggest jewelry brand, reported record full-year sales of $3.82bn, representing seven per cent growth.The Danish charm maker, with over 6,500 outlets in 100 countries, said it was confident it could adapt to the uncertain environment and drive strategic priorities, although it forecast slower organic growth for the coming year. Last year's...Read More
Share this article VANCOUVER - Atac Resources Ltd. (ATC-TSXV) has confirmed that on January 12, 2023, it received an unsolicited non-binding proposal from Victoria Gold Corp. [VIT-TSXV] to acquire 100% of the share capital of Atac for 12 cents per share, payable in Victoria shares.Victoria Gold issued a press release Tuesday, which noted Atac's response and said its takeover proposal remains open...Read More
84% Of TWLO shares held by 924 institutions, even more held of float. Average daily trading value: $220 million. Click here to read my analysis of the stock.Read full newsRead More
Biodesix, Inc. provides lung cancer diagnostic tests. BDSX appears positioned for potentially strong revenue growth and gross margin improvement in 2023. Click for more.Read full newsRead More
Capstone Green Energy Corporation (NASDAQ:NASDAQ:CGRN) Q3 2023 Earnings Conference Call February 13, 2023 4:45 PM ETCompany ParticipantsDon Ayers - Vice President, TechnologyDarren Jamison...Read full newsRead More
mdf commerce inc. (OTCPK:MECVF) Q3 2023 Earnings Conference Call February 13, 2023 2:00 PM ETCompany ParticipantsLuc Filiatreault - President and Chief Executive OfficerDeborah Dumoulin -...Read full newsRead More