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
Last Friday, Northrop Grumman (NYSE: NOC) unveiled what it's calling the world's first sixth-generation bomber - the B-21 Raider. It's a sleek and stylish plane whose ghostly visage and convex shape make it almost look like a UFO.Almost every aspect of the B-21 remains classified, but Northrop Grumman and Air Force officials have made a few key points about it beyond improved stealth capability a...Read More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDDenison eyeing low-cost in-situ recovery in Canada's high-grade Athabasca BasinSPONSOREDdenison minesFeasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumThe arrangement was approved by approximately 86.6...Read More
Despite an "unusually high level of uncertainty" surrounding consensus expectations for 2023, on balance, a "mixed set of influences implies a stable but positive performance for gold," the World Gold Council states in its Gold Outlook 2023: The global economy at a crossroads. In an environment where there are headwinds and tailwinds for gold based on an outlook of weaker global growth and a shor...Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSORED"With the scale-up of the production and sale of Honda's pure el...Read More
Share this article TORONTO - Infinity Stone Ventures Corp. [GEMS-CSE; GEMSF-OTC; B21-FSE] has completed its fall drill program on the 100%-owned Rockstone graphite project located near Thunder Bay, northwestern Ontario.The company completed drilling of four holes, RS-22-01, RS-22-02, RS-22-03 and RS-22-04, totalling 800 metres. The initial goal of the fall drill program was to confirm the initial...Read More
Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) announced on Thursday that it has entered a strategic arrangement with JCHX Mining Management to jointly develop the company's flagship Alacran copper-gold-silver project in Colombia. JCHX is a leading mining construction companies in China, and currently a shareholder of Cordoba.As part of the arrangement, JCHX will purchase a 50% ownership interest in...Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDA Glencore spokesman said genuine and timely consultation with c...Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDRanking member Bruce Westerman, a Republican from Arkansas, and...Read More
The Canadian government has released legislation to modernise the Investment Canada Act (ICA) in a move that will increase its power to limit foreign ownership of the country's critical mineralsRead More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe quote was from capital markets firm Argonaut earlier this mo...Read More
Prospect generator Azimut Exploration (TSXV: AZM; US-OTC: AZMTF) has signed a joint venture agreement with KGHM International for its early stage Kukamas copper-gold property in the Eeyou Istchee James Bay region of Quebec. Under the deal, KGHM International, a subsidiary of Polish firm KGHM Polska Mied?? S.A, can earn a 50% interest in the property by spending $5 million over four years. KGH...Read More
(DEX Online) - British actress Lily James has visited Botswana in her new role as global ambassador for the Natural Diamond Council.The 33-year-old Emmy-nominated star, known for roles in Pam and Tommy and Downton Abbey, visited Lucara's Karowe Diamond Mine, as well as the De Beers Global Sightholder Sales facility in Gaborone, the capital of Botswana. She also went to the KGK Diamo...Read More
JCHX, which previously invested C$11 million into Cordoba in November 2019 for a 19.Read More
To date the focus of most investment dollars in the rapidly growing global lithium industry has been on hard rock miners, many located in Australia, and the brine deposits in South America's lithium triangle. However, processing methodologies focused on extracting the key battery metal from clay deposits are developing rapidly and today several soft rock deposits are in advanced stages of developm...Read More
(IDEX Online) - Diamcor today announced a huge increase in carats sold this quarter, as it saw average per-carat prices fall by more than half.The Canadian junior miner said it sold 8,327 carats of rough from its Venetia mine in South Africa, during the the current quarter, ending December 31. That's an increase of 121 per cent on the 3,776 carats sold in the previous three months.But gross r...Read More
(IDEX Online) - The world's largest internally flawless diamond, a 303.1-carat fancy deep brownish-yellow stone, sold yesterday for $12.4m at at Sotheby's New York.It became the third most valuable yellow diamond ever sold at auction, but fell short of its $15m high estimate. Sotheby's described the price as "strong".Quig Bruning, head of jewelry for Sotheby's Americas, said th...Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe Resources Rising Stars investment conference on Queensland's...Read More
(IDEX Online) - Lucapa reports the "best kimberlite diamond recoveries to date" from ongoing explorations at its Lulo mine, in Angola.The Australian miner says bulk sampling of diamond-bearing kimberlites had yielded 20 stones with a total weight of 15.51 carats.Among them were five +1.0-ct diamonds, including one of 1.95-cts. A number of stones have been classified as Type IIa."While the processi...Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe Canadian government has released legislation to modernise th...Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSORED"We're targeting going live on the ASX in the early New Year - r...Read More