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
Sheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedGarnet cuts the path for Heavy Minerals' production plansSPONSOREDheavy minerals limitedRed Dirt rockets toward mining in 2023SPONSOREDred dirt metals4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootSpeaking on the sidelines of the Investing in Africa Mining Indaba Conference on Mo...Read More
(IDEX Online) - January proved to be yet another month of straight-line decline for the IDEX Polished Price Index amid ongoing caution and uncertainty. It fell 1.17 per cent, compared with 0.76 per cent in December and 2.62 per cent in November 2022. Festive spending may have cushioned some of the Index's fall in December. January's decline is less than half that of November, which could...Read More
Share this article VANCOUVER - Lithium Americas Corp. [LAC-TSX, NYSE] said Tuesday it has received a favourable ruling from the U.S. District Court, District of Nevada for the appeal filed against the Bureau of Land Management for the issuance of the Record of Decision relating to the company's 100%-owned Thacker Pass project.It said the favourable ruling by the Federal Court confirms the permitt...Read More
Ur-Energy to boost production at Lost CreekSPONSOREDur-energyBradda Head eyes Arizona pegmatite prizeSPONSOREDbradda head lithiumCan EV battery metal continue its incredible bull run?SPONSORED Asante targets 400,000oz in 2023SPONSOREDasante gold corporationFerrexpo, which produces high-grade iron ore pellets from operations in central Ukraine, has received notification in Ukraine of a court order...Read More
Ur-Energy to boost production at Lost CreekSPONSOREDur-energyBradda Head eyes Arizona pegmatite prizeSPONSOREDbradda head lithiumCan EV battery metal continue its incredible bull run?SPONSORED Asante targets 400,000oz in 2023SPONSOREDasante gold corporationCritical minerals - a group of minerals and metals which have been deemed in short supply for the projected demand trajectory by foreign govern...Read More
The company said contractor Consorcio Belaz Movitec (CBM), a Chilean-Belorussian consortium, which won a tender process in March 2021, repeatedly failed to comply with contractual and safetyRead More
Lithium Americas (TSX: LAC; NYSE: LAC) has won part of a court case allowing construction to start on North America's largest lithium mine, the Thacker Pass project in Nevada where General Motors plans to invest hundreds of millions of dollars. United States federal court judge Miranda Du on Monday ruled against ranchers, environmentalists and Indigenous groups who argued Thacker Pass will ha...Read More
Stuhini Exploration's president and CEO Dave O'Brien says molybdenum, which has seen a recent price rise, is the 'canary in the coal mine' for mining sector shortages to come. O'Brien spoke with Northern Miner staff reporter Henry Lazenby about the company's advanced Ruby Creek molybdenum project in British Columbia at the AME BC Roundup in Vancouver in January. Read More
Rare earth miner NioCorp Developments (TSX: NB; US-OTC: NIOBF) said it had succeeded in producing a high-purity mixed concentrate of the sought-after elements from its demonstration plant in Canada.The company said the results at the L3 Process Development facility in Trois-Rivieres, Que., support the technical feasibility of separating high-purity oxides of several key magnetic rare earths from o...Read More
This week's episode features highlights from the AME Roundup 2023 conference, including interviews with Northwest Territories Premier Caroline Cochrane; Manitoba Natural Resources Minister Greg Nesbitt; Mark Ferguson, Research Director and the Head of Mining Studies, S&P Global Market Intelligence; and Mitchell Wihlidal, Product Development Associate with CDN Resource Laboratories. The interviews...Read More
Ferrexpo, which produces high-grade iron ore pellets from operations in central Ukraine, has received notification in Ukraine of a court order issued at the request of the country's prosecutor toRead More
Asante targets 400,000oz in 2023SPONSOREDasante gold corporationUr-Energy to boost production at Lost CreekSPONSOREDur-energyBradda Head eyes Arizona pegmatite prizeSPONSOREDbradda head lithiumCan EV battery metal continue its incredible bull run?SPONSOREDMiners prospecting for critical minerals viewed as vital for the energy transition are particularly favoured. More than 70 exploration licences...Read More
Black Pine now hosts an indicated resource of 157.3Mt grading 0.52gpt containing 2.6Moz and an inferred resource of 35.2Mt grading 0.43gpt containing 483,000oz.Read More
Maggie Layman, vice-president exploration with Osisko Development spoke with Northern Miner Staff Writer Henry Lazenby at AME BC Roundup in January. They discuss plans to advance the Cariboo Gold project in British Columbia this year towards a 2024 production start, and some of the waste-saving technologies to be deployed at Cariboo.Read More
(IDEX Online) - Troubled Petra Diamonds says it's open to merger and acquisition (M&A) proposals.The UK-based miner agreed a debt-for-equity restructuring deal with lenders in October 2020, after failing to attract buyers for a proposed sale."We have got opportunities to grow organically, but given that we are through this restructuring and we have a much more robust balance sheet, we wou...Read More
The more than 7000 delegates attending the conference woke up to the news on Monday that Newmont had made an unsolicited, non-binding indicative proposal to acquire Newcrest Mining.Read More
Chris Summers, CEO of U.S.-focused Burgex Mining Consultants spoke with Northern Miner Staff Writer Henry Lazenby at AME BC Roundup in January. They discuss how Burgex helps miners and prospectors deal with the Bureau of Land Management's complex claims-staking process in the western U.S. where many critical minerals are mined, and how those processes are limiting foreign investment in U.S. min...Read More
"China's Ultimate Weapon Against Earth?"Based on that title alone, what would you guess I'm referring to? I'll admit, there are almost too many possibilities to imagine. China possesses nearly limitless resources and severely limited ethics. In many ways, China's military is the closest competitor to the U.S. military. Just ask our resident defense expert Jason Simpkins all the countless wa...Read More
The Federal Court declined to vacate the RoD for the mining plan of operations, which confirmed that the permitting process was conducted thoroughly and responsibly.Read More
Centerra Gold (TSX: CG; NYSE: CGAU) says its ?-ks? 1/4 t mine located in central Turkey is continuing to operate normally after two powerful earthquakes occurred approximately 180 km from the mine site on Monday morning."There were no injuries to our employees or contractors at the mine, or at the company's other offices within T? 1/4 rkiye, and initial inspections have not detected any damage to...Read More