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
As we end off 2022, The Northern Miner takes a look at the top 10 most-clicked stories on our website from Jan. 1 to Dec. 15. No. 1: Canada's Top Ten precious metals juniors By Northern Miner Staff (Jul. 7, 2022) Our most-read story of the year ranked the Top Ten Canadian-headquartered precious metals juniors according to market capitalization as of Jun. 7, 2022. The list of companies with pr...Read More
Is this just more liberal greenwashing or is the government on to something here? I'll admit it's getting harder and harder to tell nowadays, especially in the renewable energy sector. According to recent news releases, the U.S. Department of Energy (DOE) has found the green fuel it believes will replace diesel, gasoline, and any other carbon-polluting fuel on the market. It's a project th...Read More
(IDEX Online) - Contemporary artist Pablo Lucker has chosen the surface of a diamond as the "canvas" for his latest work.He used a laser to create a series of heart designs on the table of 12 one-carat stones, and a "crown jewel" of 2.75-carats.Lucker partnered with high-end jewelers Trophy by Gassan (both are based in Amsterdam) for what is being described as the smallest work of art on a diamond...Read More
Following a difficult and unpredictable year full of uncertainty, 2022 ends with a heightened sensitivity to risk. To discuss what lies ahead for miners in 2023, The Northern Miner spoke in mid-December with Matthew Bey, Senior Global analyst for the risk intelligence company RANE. The Northern Miner: This year has seen multiple crises, both geopolitical and economic - some call it a 'polycrisis....Read More
This week's episode features Lucara Diamond president and CEO Eira Thomas in conversation with Northern Miner podcast host Adrian Pocobelli at the Canadian Mining Symposium in London, England. Eira discussed the latest developments in the diamond market, including the growing importance of ESG and provenance in the diamond industry and how the war in Ukraine has changed the diamond industry.All th...Read More
(IDEX Online) - Two men indicted for the fatal armed robbery of a US jeweler have been found guilty by a federal court.Mark Vuono was shot dead in what police in Stamford, Connecticut, described as a "cold blooded murder".He was found lying in front of his open safe with a head wound at Marco Jewelers after a customer called police, in March 2020. Three men were arrested two days later after...Read More
While Majuba Hill Copper (CSE: JUBA; US-OTC: JUBAF) expects to release in the next three months an initial resource for its namesake property in Nevada, it anticipates releasing assays from three deep holes.Underpinned by a non-compliant resource estimate, Buster Hunsaker, consulting geologist for Majuba Hill, says an initial development scenario for the project in Pershing County would look at a...Read More
It has never been more expensive to operate or build a mine, according to new research from CostMine, although not all costs are rising equally. In late November, Michael Sinden, vice-president of data with The Northern Miner Group, presented inflation data at the Canadian Mining Symposium in London, showing that mining operational and capital expenditures are reaching 20-year highs.Sinden poin...Read More
The latest assay results from the Valley Zone at Snowline Gold's (CSE: SGD; US-OTC: SNWGF) Rogue project in the Yukon's Selwyn Basin demonstrate shallow and broad mineralized zones.Drill hole V-22-032 returned 338 metres of 1.32 grams gold per tonne starting from 91.6 metres and included a 207-metre intercept grading 1.76 grams gold from 126 metres downhole.Another hole, V-22-105, cut 442 metres o...Read More
Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) announced the launch of a demonstration plant designed to recover and recycle high-value elements found in lithium-ion batteries, including nickel, cobalt, lithium, copper and graphite at its refinery complex north of Toronto.Electra claims it will process up to 75 tonnes of black mass material in batch mode using its proprietary hydrometallurgi...Read More
Expanding the use of clean hydrogen in the transportation sector is a challenge China's MingZhu Logistics Holdings (NASDAQ-CM: YGMZ) and its partners are tackling head on.MingZhu, which has a fleet of more than 1,500 trucks servicing 29 regions throughout China, is teaming up with Dongfeng Liuzhou Motor Company, a subsidiary of Dongfeng Motor Group Company (US-OTC: DNFGY) and Shenzhen Guoqing New...Read More
A little over a month after Triple Flag Precious Metals (TSX: TFPM; NYSE: TFPM) announced it was buying Maverix Metals (TSX: MMX) in a deal valued at $606 million, the Canadian streaming and royalty company said this week that it's adding to its portfolio with a new royalty on Clean Air Metals' (TSXV: AIR; US-OTC: CLRMF) Thunder Bay North project in northern Ontario.Triple Flag is acquiring up to...Read More
In the midst of all this incredible political and economic chaos, I was tasked with packing up my mother's things to prepare for her move to assisted living. It's a gravely emotional experience for anyone, as I'm sure you know.I adore that woman. It's hard to see her get old. Also, that house contained 100 years or more of family history. All this stuff takes up space. With everyone on the move, i...Read More
One of the hardest things about investing is learning to expect the unexpected.The truth is that no matter how much we know, or perhaps think we know, the market has a way of surprising us.Gains can turn to losses, and losses to gains, on a dime. I was reminded of that this week when unaffiliated third parties intervened not just once but twice on my behalf. In both cases, stocks in my Wall Str...Read More
Alamos Gold?EUR?(TSX: AGI; NYSE: AGI) is selling four non-core royalties to Metalla Royalty & Streaming (TSXV: MTA; NYSE American: MTA) for US$5 million in Metalla shares. The deal includes a silver stream on the Esperanza project in Morelos, Mexico and royalties on the Fenn Gib South, Ronda and Northshore West exploration-stage projects in Ontario, the companies said in news releases...Read More
The stock market absorbed a vicious whaling today. Yet our central concern is not the stock market.Our central concern is rather the economists' war against economics. It is a war nearly all mainstream economic schools of thought wage.It is a war against savings... and prudence.The individual saver is not necessarily an agent of Satan, concedes the economist of Keynesian leanings. Under limited ci...Read More
Look beyond market approach to project valuations: van ZylLeadership4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpM&A also remains the prime stock mover. Toronto-listed Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpThis confirms the Anglo-Australian mining giant's intention to buy OZ Minerals, announced on 18 November, and follows a four-week due d...Read More
Share this articleVANCOUVER - Snowline Gold Corp. [SGD-CSE, SNWGF-OTCQB] shares were active Thursday after the company released more preliminary assay results from drilling at the Valley Zone on its Rogue gold project in the Canadian Yukon.Drilling highlights include hole V-22-032 which intersected a zone of sheeted quartz vein mineralization within the Valley intrusion averaging 1.72 g/t gold ove...Read More
Production during the company's third quarter of this year, which runs to the end of November 2022, was impacted by a planned 5-week processing plant shutdown from 7 September 2022 to 13 October 2022,Read More