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
NETGEAR, Inc. (NASDAQ:NASDAQ:NTGR) Q4 2022 Earnings Conference Call February 1, 2023 5:00 PM ETCompany ParticipantsErik Bylin - IRPatrick Lo - Chairman and CEOBryan Murray - CFOConference...Read full newsRead More
Alliance Resource Partners posted better-than-expected results for 2022 along with strong guidance for 2023. Click here to read my most recent analysis.Read full newsRead More
Marathon Gold (TSX: MOZ) says it has intersected new gold mineralization during infill drilling at the Berry deposit, part of its Valentine gold project in central Newfoundland.A total of 21,039 metres of drilling across 26 holes were completed last year, and Marathon notes the results demonstrate potential to add more ounces to the mine plan.The three most notable assays (all uncut) include: VL-...Read More
Iamgold (TSX: IMG; NYSE: IAG) says drill results support expanding the Gosselin discovery that could be added to the C??t?(C) project targeting first-pour next year in northern Ontario. The Gosselin deposit lies beside C??t?(C), a joint venture between Iamgold as operator and Japan's Sumitomo Metal Mining 125 km southwest of Timmins. C??t?(C) remains on schedule to start production in early 2...Read More
Bradda Head eyes Arizona pegmatite prizeSPONSOREDbradda head lithiumUr-Energy to boost production at Lost CreekSPONSOREDur-energySheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedCan EV battery metal continue its incredible bull run?SPONSOREDThe WA goldfields explorer announced an updated JORC-compliant mineral resource for its Mandilla gold project, 70...Read More
Look beyond market approach to project valuations: van ZylLeadershipBradda Head eyes Arizona pegmatite prizeSPONSOREDbradda head lithiumUr-Energy to boost production at Lost CreekSPONSOREDur-energySheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedListed on the Nasdaq exchange, the new ETFs focus on miners of uranium, lithium, copper, nickel, manganese,...Read More
Q4 production of 45,500t of copper falls below Q3 output of 45,700t, but cash costs are also lower, at $2.50/lb.Read More
The extension aims to extend the life of the hydrometallurgical leaching operation, which produces 200,000tpa of copper cathodes, until 2039.Read More
(IDEX Online) - AIB Express Logistics, third-party shippers for diamonds and other valuables, has been bought by Sweden-based Loomis International, provider of global secure logistics, for an undisclosed sum.The agreement was signed last month and Loomis says AIB will carry on operating as normal, albeit with Loomis branding.AIB is primarily based in the US, had a total revenue of more than SEK 10...Read More
Measures like the Inflation Reduction Act in the U.S. pressure automakers to source critical minerals in ESG-friendly jurisdictions, but it could be challenging to change supply chain flows already directed towards China, Mark Ferguson, Research Director and the Head of Mining Studies, S&P Global Market Intelligence, told Mining.com Executive Editor Frik Els at AME BC Roundup in January. They talk...Read More
Today we trample sacred ground... trumpet a message of heresy... and offend the pieties. For we challenge the cherished and soothing assumptions of democracy.In 2001, academic Hans-Hermann Hoppe scribbled a book bearing the soaring title Democracy: The God That Failed. Hoppe's work is a dart leveled against that holiest of secular divinities.Hoppe's primary tort against democracy?It wastes. It exh...Read More
Share this articleTORONTO - Alamos Gold Inc. [AGI-TSX, NYSE] reported new results from ongoing surface exploration drilling at Puerto Del Aire (PDA), further extending high-grade gold mineralization outside of Mineral Reserves and Resources. PDA is a higher-grade underground deposit, adjacent to the 100%-owned main Mulatos pit, Sonora, Mexico, and is comprised of five zones including PDA1, PDA2, G...Read More
(IDEX Online) - De Beers today reported an increase of almost six per cent in its total rough production during Q4, to 8.2m carats.Total output for the full year of 2022 was 34.6m carats (slightly above its production guidance of 32m to 34m carats). That's an increase of seven per cent on 2021's 32.3m carats. The UK-based miner said 2023 production guidance was 30m to 33m carats at...Read More
Buongiorno from beautiful Northern Italy!The great Austrian School economist Murray Rothbard once said: "Everything the government touches turns to crap."I think we need a corollary to this statement, regarding the media."Everything the mainstream media feeds you is bull crap."And for the last year at least, and for much longer on the fringes, there is no story more lied about, falsified and fabri...Read More
We see the 2022 edition of The Economist's Intelligence Unit Democracy Index is out.This tabulation ranks the world's nations across several categories. These categories include but are not limited to:Civil liberties... the functioning of government... political participation… electoral process... pluralism... and political culture.The higher the categorical score, the higher the democratic...Read More
Listed on the Nasdaq exchange, the new ETFs focus on miners of uranium, lithium, copper, nickel, manganese, cobalt, graphite and rare earths minerals.Read More
The London-headquartered mining company reported 2022 copper production of 664,000t in 2022, up by 2.6% year-on-year. Production in the December quarter was 244,000t, up 52% year-on-year.Read More
The Séguéla project is approximately 90% complete as of the end of January and remains on-track and on-budget for first gold pour in mid-2023, Fortuna said.Read More
Marcio Fonseca, president and COO of Mexico-focused explorer GR Silver Mining, spoke with Northern Miner Staff Writer Henry Lazenby at AME BC Roundup in January. They discuss the company's recent discovery at its San Marcial property, where drilling returned 100 metres of 300 grams silver per tonne, and the upcoming resource update for its Plomosas project in Sinaloa state.Read More
The London Bullion Market Association (LBMA) announced that it has added optical AI developer Alitheon to the pool of five companies that support the Gold Bar Integrity (GBI) initiative.The GBI was launched in March 2022 by the LBMA and the World Gold Council with the goal of digitally monitoring gold moving through the global supply chain by confirming provenance and providing transparency over t...Read More