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
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationThe parties have previously said they aim to close the transacti...Read More
Amarc Resources ( TSXV: AHR; OTCQB: AXREF) has signed an earn-in agreement with the Boliden Group whereby the Swedish major can earn up to a 70% ownership in the DUKE copper-gold district by funding $90 million in exploration and development expenditures on the project.Amarc's 678 sq. km DUKE District is 80 km northeast of Smithers within the Babine Region, one of B.C.'s most prolific porphyry cop...Read More
Lion One Metals (TSXV: LIO; US-OTCQX: LOMLF; ASX: LLO) continues to expand the Deep Feeder Zone 500 at its Tuvatu alkaline gold project in Fiji.The latest assay results reveal how the company traces bonanza-grade intercepts in a new feeder zone. It is interpreted as confirming a significant vertical extension and proving the continuity of the URW3 mineralized zone, which occurs on the western marg...Read More
A new shallow-depth gold discovery at Skeena Resources' (TSX: SKE; NYSE: SKE) Eskay Creek project means the open-pit concept could be expanded and offer greater returns than initially thought, the company and analysts said. Drilling at the project in northwestern British Columbia's Golden Triangle area found rhyolite-hosted mineralization about 200 metres east of the site's 22 Zone at a vertica...Read More
This week's episode features the Thought Leadership panel at the Global Mining Symposium, featuring Jean-Marie Clouet, Corporate Director, Investor Relations, Agnico Eagle Mines; Stephen Crozier, Vice President, Sustainability, Noront Resources; Kevin D'Souza, Chief Sustainability Officer, Resource Capital Funds; Pierre Gratton, President and CEO, Mining Association of Canada (MAC); and moderator...Read More
SolGold (TSX: SOLG; LSE: SOLG) announced Tuesday that it will delay the Cascabel feasibility study and Porvenir preliminary economic assessment (PEA) due to the evolving capital cost environment and its study of value-enhancing opportunities."Our top priority is to allocate our human and capital resources efficiently to unlock shareholder value," said interim CEO Scott Caldwell, who took on the jo...Read More
Dor?(C) Copper Mining (TSXV: DCMC; US-OTC: DRCMF) says drilling at its Corner Bay copper project in Quebec will help expand its mineral resource estimate as it aims to complete a feasibility study in 2024. The Toronto-based company finished almost 40,000 metres of drilling this year at the site about 500 km northwest of Quebec City, it said in a news release on Tuesday.Drilling highlights from th...Read More
Condor Gold (TSX: COG; LSE: CNR) has decided to put its flagship La India open pit gold project in Nicaragua up for sale, preferably to a gold producer with mine building expertise.The miner said the board reviewed the company's options, including going through financing and construction phase as a single-asset, single-jurisdiction company with no existing gold production.It concluded, howev...Read More
Canadian explorer Sigma Lithium (TSXV: SGML; NASDAQ: SGML) is on track to finish construction of the first phase of its Grota do Cirilo lithium hard rock project in Brazil by the end of this year.In a call with investors held Monday, co-chief executive Ana Cabral-Gardner said the company will start commissioning the crushing plant by year-end, with commercial production expected in April, 2023.S...Read More
The latest climate shakedown - sorry, the last climate conference - COP27, has wrapped up in Egypt.In a “historic moment,” participants agreed to implement a new funding mechanism to compensate countries most affected by "climate change."Basically, we're talking about climate reparations. Of course they all want the U.S. to pay for them.Like I said, it's just a shakedown disguised as a...Read More
Tesla's fearless leader has made bold decisions in the past. He's made abrupt changes to the company's inner workings with little explanation. He's made many promises that didn't pan out but also delivered some of this decade's most impressive technological feats. And as a result, the company soared past $1 trillion in the span of a few years. Perhaps throwing convention to the wind and "moving...Read More
Capstone Copper provided access to the firm's Mantos Blancos, Mantoverde, and Santo Domingo assets in Chile in a November 14-17 site visit, following Q3 results which showed consolidated Q3 copperRead More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationThe company reported four new holes with results including 44.9m...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumThe results confirm an increase of "at least" 180 metres in the vertical extent of the 500 zone feeder, which remains op...Read More
Ottawa's Critical Minerals Strategy and its Indo-Pacific Strategy (IPS) come at a time of increased tensions between China and Canada, as well as the US, and growing US calls for critical mineralsRead More
Agnico Eagle Mines (50.8%), Newmont (23.4%) and AngloGold Ashanti (20.4%) lead the year-on-year improvements while Barrick Gold and Kinross Gold lead the way on a quarter-to-quarter basis 17.Read More
Sigma Lithium remains on track to initiate commissioning of the crushing plant by year-end and plans to start commercial production in April, 2023, the firm said.Read More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationThe non-binding memoranda of understanding account for some 60%...Read More
The attraction to BHP of OZ starts with copper and gold mines at Prominent Hill and Carrapateena in South Australia.Read More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationLithium is going through explosive demand growth fueled by the w...Read More