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
A six-hole programme for 1,800m was completed in September with a highlight of 134m grading 1.23% copper from 49.0m including 18.5m grading 5.52% copper in the oxide zone and 5.5m at 4.Read More
Usmar said the precious metals component in base metal projects often gets overlooked but can represent significant value.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 corporation"The Minister's decision has immediate and significant implicati...Read More
"The floodgates for some unexpected partnerships have been opened on the M&A front," said Anita Soni, mining equities analyst at CIBC.Read More
Kudryakov and Litviniuk run local operations for Solway Investment group, which acquired the FeNix ferronickel operations in El Estor, Izabal, from Hudbay Minerals in 2011.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 corporationWorld consumption of nickel, one of the commodities seeing an up...Read More
The plan contemplates filling the hole with similar rock and gravel material, sealing the structures to prevent water infiltration, removal of the water which infiltrated the mine, reopening theRead More
The unlocking of value at the Pueblo Viejo gold mine in the Dominican Republic, following the finalization of the location for the new tailings storage facility, will support that growth.Read More
A union representing workers at Mosaic's (NYSE: MOS) potash mine in Esterhazy, Sask. says it has filed for provincial mediation after negotiations for higher wages broke down.Some 750 workers at the site about 230 km east of Regina have been without a contract since Feb. 1, Dan Bailey, union representative with Unifor Local 892, said by phone from Regina."Cost of living is a concern," Bailey said....Read More
The U.S. Southwest is among the top mining regions in North America, with mine?EUR?operations dating back to the 19th century. Here's a glimpse of eight companies exploring for precious metals, base metals and lithium in the states of Nevada, Arizona, California and New Mexico. APOLLO SILVER Vancouver-based Apollo Silver (TSXV: APGO, US-OTC: APGOF) is working to upgrade and expand an initial in...Read More
Wallbridge Mining (TSX: WM, US-OTC: WLBMF) has completed the sale of all its nickel assets - namely the Grasset and RUM projects in Quebec and Sudbury and NW projects in Ontario - to Vancouver's Archer Exploration (CSE: RCHR).As consideration, Wallbridge has received 66.2 million common shares of Archer with a total deemed value of approximately $53.6 million. It will also retain a 2% net smelter...Read More
One-hundred years ago a five-year search culminated in arguably the world's greatest ever exploration success. No, not a mineral deposit (although lots of gold was found), rather the almost intact tomb of an Egyptian pharaoh.The ancient burial site in the Valley of the Kings outside Luxor (formerly Thebes) had been widely assumed to be fully explored, and it was only the persistence of a 48-year-o...Read More
Africa-focused Gemfields (LSE: GEM; JSE: GML) racked up US$30.8 million in revenue from its latest emerald action, which included a massive cluster of emeralds weighing 187,775 carats (37,555 grams).The Kafubu Cluster, discovered at its Kagem mine in Zambia in March 2020, set a new record as the most expensive single emerald item ever sold by Gemfields, it said without providing specifics."Our en...Read More
Sometimes the utterly unthinkable becomes a reality and, to everyone's surprise, it works out better in the end.Such is the case with large nation-states that split up based on geography, language and political values. No disaster befell Czechoslovakia when it became the Czech Republic and Slovakia. The moving around of borders and jurisdictions is part of the trajectory of history, even if every...Read More
Some 30 years ago the Pax Americana covered each corner of Earth. It crowned history itself - the "end of history" was how one fellow styled it.American capitalism, American democracy represented civilization's apex. Its zenith. Its very perfection.Yet the gods are a jealous, wrathful lot. What the gods will not abide is human hubris.Mortals may not approach Olympus.Russian political scientist Geo...Read More
There's a company out there right now that wants to ferry commercial air passengers from New York to Paris in an hour and a half. It's called Hermeus, and it just conducted another breakthrough test.Working at the Notre Dame Turbomachinery Laboratory in Indiana, the company's engine, Chimera, switched between turbojet and ramjet power - an absolute first for a commercial company.But that's just o...Read More
At this year's New Orleans Investment Conference, gold stood out as a popular topic among presenters and participants.The yellow metal's performance amid so many perceived catalysts and where it may go in the months ahead were both discussed throughout the five day event, but these questions took ce...Read full newsRead More
While many investors are currently praying for "a Fed pivot" to rescue...Read full newsRead More
Share this article VANCOUVER - Lucara Diamond Corp. [LUC-TSX, LUCRF-OTC] said it has entered into an extended diamond sales agreement with Lucara Botswana Ppy. Ltd. and HB Trading BV, for the purpose of selling 10.8-plus-carat rough diamonds produced from Lucara's 100%-owned Karowe diamond mine in Botswana until the end of 2032.Lucara first partnered with HB in 2020 to sell Karowe's large, high-v...Read More
The company reported high gold content from its infill drilling programme, as it works to convert the resource from inferred to indicated.Read More