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
Share buybacks have become a popular way for well-funded leading North American mining companies to bolster their share prices and reward investors.Read More
PolarX following up promising results at Nevada gold-silver projectSPONSOREDpolarx limitedSaudi to lead mining super regionSPONSOREDsaudi ministry of industry and mineral resourcesAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy The "it" in the Australian bank's latest Commodity Call note to clients is the entire base metals complex of copper, aluminum, nick...Read More
During meetings in Colombia's capital Bogota with president Petro, finance minister Jose Ocampo, the High Commissioner for Peace, the chancellor and other officials, were keen to learn more about theRead More
PolarX following up promising results at Nevada gold-silver projectSPONSOREDpolarx limitedSaudi to lead mining super regionSPONSOREDsaudi ministry of industry and mineral resourcesAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Every region barring North America saw declines in global smelting capacity.Read More
While investors' first blush reaction was to see increased risk, a deeper understanding of what has happened shows that the risk is minimal, at the moment.Read More
The government's Fall Economic Statement included plans to speed up permitting for new mine developments and provides tax credit for clean technologies.Read More
Canada's major mining industry group and a green energy think tank are welcoming nearly $10 billion spread over tax credits for clean technology, mining project approval improvements, innovation research and industry training announced in a federal budget update. Ottawa is offering $6.7 billion in tax credits over five years for up to 30% of investments in clean technologies such as battery st...Read More
Ontario Mines Minister George Pirie, a 35-year mining industry veteran before his election in June, says he plans to consider cutting project red tape "fairly shortly" while encouraging more federal investment in the Ring of Fire. Pirie, who served as head of Placer Dome Canada in the years before of its acquisition by Barrick Gold (TSX: ABX; NYSE: GOLD) in 2006, says Ontario has potential to d...Read More
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM) have announced a rival offer for Yamana Gold (TSX: YRI; NYSE: AUY), throwing Gold Fields' (NYSE: GFI; JSE: GFI) US$6.7 billion offer for the company into question.The new cash and stock offer valued at about US$4.8 billion may beat the bid from Johannesburg-based Gold Fields in May because its share price ha...Read More
Coeur Mining (NYSE: CDE) announced Friday the closing of the sale of its southern Nevada projects to a subsidiary of AngloGold Ashanti (NYSE: AU).Coeur's southern Nevada portfolio comprises the Sterling and Crown exploration properties, which cover 143.7 sq. km of land adjacent to AngloGold's existing gold projects in Beatty County.The high-grade Sterling gold project hosts a past-producing open-p...Read More
Equinox Partners, a long-term value investor, announced Thursday the launch of directorswithoutstock to amplify its investment stewardship policy. The New York-based hedge fund, with over US$700 million in total assets under management with more than half in gold and silver junior miners, announced its new investment stewardship policy toward directors of public companies last month. Equino...Read More
What a remarkable moment in American history!The anger of the public is at a greater height than at any point in anyone's lifetime. The more the perpetrators of existing tyranny plead for "amnesty" the angrier people get.We've spent nearly three years in forced silence and facing a massive wall between public attitudes and regime behavior. That wall is crashing down now and many people are panicki...Read More
Russia's invasion of Ukraine has largely been a failure. It's cost thousands of lives, tanked the Russian economy, exposed the Russian military as a paper tiger, spurred political unrest at home, and alienated the country abroad.But it has been successful in one way...It's shown that even a second- or third-rate power can upset the global order. If nothing else, it's been a demonstration of defia...Read More
(TheNewswire) November 3, 2022 TheNewswire - CALGARY, ALBERTA CMX Gold & Silver Corp. ( CSE:CXC ) ; ( OTC:CXXMF ) (Read full newsRead More
The company trimmed guidance for US PGM and South African gold production, as it reported falling earnings.Read More
Share this articleTORONTO - HudBay Minerals Inc. [HBM-TSX, NYSE] has released an initial resource estimate for its Liaguen copper deposit, which is located in the Otuzco province in La Libertad region of Peru."We have a rich pipeline of organic copper growth projects at Hudbay and our Liaguen property adds another exciting opportunity to this pipeline,'' said Hudby President and CEO Peter Kukiel...Read More
The separation will establish two companies: • An Argentina-focused lithium company (Lithium International) owning LithiumRead More
"We are excited with the drill results received to-date and are increasingly optimistic for the results to be collected from the ongoing drilling campaign in progress with SGS Lakefield," said SnowRead More
Digital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumSheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limitedGold produc...Read More
"We continue to make good progress on the transaction," Gold Fields said in a Q3 operational update.Read More