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
Touch off the rockets. Light the sparklers and raise a joyous toast...For the experts have been proven correct - finally and for once. NBC News:Price growth in the United States cooled in December as the economy continued to show signs of weakening. Inflation landed at 6.5% compared to the 12 months prior.That figure was in line with analysts’ expectations, and a decrease from the 7.1% seen...Read More
The setbacks come as the firm is set to boost its copper production this year with the expanded commissioning of the Quebrada Blanca Phase 2 mine in northern Chile.Read More
The uranium spot price has gained around 5% so far this year without the help of physical trust buying.Read More
Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streaming On January 12 the partly Saudi state-owned mining company Ma'aden announced a joint ventury with the PIF, the nation's sovereing wealt...Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingEarlier this month the company published a scoping study which featured an after-tax net present value of US$1.83...Read More
(IDEX Online) - Retail gold sales among India's "organized" jewelry retailers will be up by between 23 and 25 per cent in the financial year ending 31 March 2023.But growth in the subsequent 12 months will halve, to between eight and 12 per cent, according to the Mumbai-based Crisil ratings agency.It points to " slower growth in disposable incomes" together with a high base in fiscal 2022.Cri...Read More
(IDEX Online) - Sarine is set to acquire a majority stake in the New York-based GCAL grading lab for an undisclosed sum.The Israel-based diamond tech company, known for its Galaxy mapping systems, today said both sides had signed a non-binding MOU for an all-cash deal.GCAL (Gem Certification and Assurance Lab), a family business founded in 2001 by Don and Pamela Palmieri, is expecte...Read More
Diversified explorer Arkle Resources (AIM:ARK) said on Thursday it had found lithium bearing pegmatites at its Mine River Block gold project in southeastern Ireland.Of 34 rock chip samples taken from the site late last year, six returned lithium grades of more than 0.02%, with one returning 0.09%, said the company, which until 2019 was known as Connemara Mining. The six samples that showed elevat...Read More
Swedish state-owned mining company LKAB said it has found Europe's largest known deposit of rare earths close to Kiruna, the country's northernmost town.The Per Geijer deposit, just north of the company's largest iron ore mine in the Swedish Arctic, is estimated to contain more than 1 million tonnes of rare earths, LKAB said in a news release on Thursday.The full extent of the deposit is not know...Read More
(IDEX Online) - The crown that will used at the coronation of King Charles III has been removed from the Tower of London for the first time in 60 years for "modification work".It was last worn by the late Queen Elizabeth II when she was crowned in 1953.Buckingham Palace said in a statement that the crown had been moved to an undisclosed location, ahead of the coronation on Saturday 6 May, but gave...Read More
Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingTen armed men entered the port early on Tuesday, attacked workers and stole 13 containers, 12 of which had copper, reported Reuters.Read More
Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streaming "I don't think anybody should be too surprised," Ma'aden CEO Robert Wilt told Mining Journal at the Future Minerals Forum.Read More
Using the social media platform Twitter, Thunberg said that "This Saturday 14/1 I will join activists in Lutzerath to defend the village and stop the coalmine. Join us at 12.Read More
EV Nickel (TSXV: EVNI) has announced 12 additional assay results near its Carman-Langmuir area in northern Ontario confirming it as a potential large scale nickel prospect. Also referred to as the "CarLang area," the nickel target lies near the miner's Shaw Dome project southeast of Timmins, Ont. and assay analyses of 23 holes and core logging of five other holes confirmed that every hole of th...Read More
Can this year be another great year for resources? The post Will 2023 be a golden year for ASX 200 mining shares? appeared first on The Motley Fool Australia.Read full newsRead More
Center for Biological Diversity: MCCALL, Idaho- A planned open-pit cyanide leach gold mine in Idaho's Salmon River Mountains would jeopardize public health and clean water, harm endangered species, violate Indigenous treaty rights and permanently scar thousands of acres of public land in the headwaters of the South Fork Salmon River, a coalition of local and national conservation groups said.Read...Read More
Many contractors spend money on Facebook with very little to show for it, so it's well worth it to consider allocating some of that time and money toward LinkedIn.Read full newsRead More
WHITEHORSE, Yukon, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) ("Victoria" or the "Company") produced 43,741 ounces gold during the period October 1 to December 31, 2022; the fourth quarter ("Q4") of 2022. Full year 2022 Eagle gold production was 150,182 ounces. Eagle Gold Mine Production - 2022 by Quarter Q1Q2Q3Q42022Ore minedmillions of tonnes1.32.22.11.67.2Waste minedmillio...Read More
George Wheeler agreed to a grubstake, in the usual legal 50-50 share basis.Read full newsRead More
Can this year be another great year for resources? The post Will 2023 be a golden year for ASX 200 mining shares? appeared first on The Motley Fool Australia.Read full newsRead More