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
C1 cash costs are now at their highest level since 2016, the agency said, with only six operations experiencing falling costs in the first half year compared with the same period in 2021.Read More
Few men in this world are more fortunate than the newsletter man. A king is nothing beside him...For the newsletter man is a man truly enthroned. He is blessed by fortune and heaven alike - believe it.This cardinal fact has never held truer than it does today.The newsletter man inhabits times that are uniquely exhilarating, astounding, confounding... and imbecilic.They offer bountiful grist for hi...Read More
Talon Metals (TSX: TLO; US-OTC: TLOFF) has released an updated mineral resource estimate for its Tamarack nickel project located in central Minnesota, showing a near doubling of the indicated tonnage and a nearly seven-fold increase in the high-grade nickel content.The total indicated resource now stands at approximately 8.56 million tonnes grading 1.73% nickel plus byproducts (2.34% nickel equiva...Read More
Rogers Communications and to NORCAT have announced a five-year strategic relationship to accelerate technology adoption in the global mining industry.Through this collaboration, Rogers will establish the Rogers Technology Centre of Excellence at the NORCAT Underground Centre in Sudbury, Ontario to bring innovative new solutions to life and increase efficiency and safety in the industry. "As part...Read More
Power Metals (TSXV: PWM; OTC: PWRMF) says it is "extremely thrilled" with the high-grade cesium discovery recently made at the West Joe dyke at the 100%-owned Case Lake property in Cochrane, Ont. The cesium mineralization was found with lithium and tantalum.Power's ongoing drill program intersected 24.07% cesium oxide (Cs2O) over 1 metre and 7.65% Cs2O and 1.45% lithium oxide (Li2O) over 7.1 metre...Read More
Equinox Gold (TSX: EQX) has released results of a feasibility study for an expansion at its 100%-owned Los Filos mine complex located in Mexico, which would see the operation extended to 2036 on the back of a substantial increase in its gold reserves.Currently, the Los Filos operations consist of both run-of-mine and crushed ore heap leach facilities. With continued development of the Bermejal Und...Read More
Osisko Mining (TSX: OSK) is planning a new regional exploration program for its 100%-owned Urban-Barry gold property in the Abitibi greenstone belt, Eeyou Istchee James Bay, Que. The program will begin early next year starting with 10,000 metres of drilling and an induced polarization (IP) geophysical surveys. The high-grade Windfall gold project at Urban-Barry has been described as 'world-class.'...Read More
You've got nothing to worry about.Relax. Take it easy.There's probably not going to be a recession.So there's no reason at all for you to prepare for one in any way.That's the message from the president of the United States.In an interview with CNN last week, Joe Biden said, "I don't think there will be a recession. If [there] is, it'll be a very slight recession. That is, we'll move down slightly...Read More
Benton Resources Inc. (TSXV: BEX) (Read full newsRead More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)The 2022 drill program aims to convert, expand and discover new gold resou...Read More
There's less than three weeks to go until the critical midterm elections.With so much on the line, what is the likely outcome? Will Republicans retake the House and the Senate? Perhaps one? Neither?In today's issue I'll try to sort it all out for you.Polls are often considered the easiest way to understand what's going on, so we need to look at them.But polling techniques are full of flaws. They o...Read More
Don't let the title alarm you - the upcoming age of electric vehicles isn't being overshadowed by some bold, new technology.For now, Tesla owners are still safe. You aren't behind the curve quite yet.But according to Microcap Insider chief editor Alex Koyfman, there's a new development on the horizon that will fundamentally change the way we build all electric motors.It's not simply...Read More
Third-quarter combined IOC production volumes of 4.7Mt, making an annualized rate of 18.9Mt, was 8% above analysts' forecasts of 4.4Mt, with both pellets and concentrates exceeding expectations.Read More
Share this articleSPARWOOD - Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) has planted a record 2.4 million seedlings to date in 2022 as part of reclamation work at its Elk Valley operations in southeast B.C., in support of the goal of becoming a nature positive company."This significant achievement builds on Teck's long-standing focus on responsible mining and reflects our employee...Read More
The company said it intersected significantly higher-grade mineralisation in the underground footprint at the Keel zone compared to the resource estimate with a highlight of 361.7m grading 0.Read More
The company said it anticipates ending the year at an annual production run rate of about 3.Read More
Cerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedPilbara iron ore shipments were 82.9 million tonnes on a 100% basis, which was up 4% quarter-on-quarter but down...Read More
Cerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedThe worker-owned company will seek to obtain permits to resume operations with a target of the March quarter of 2...Read More
"This transaction represents a significant step forward in pursuing IAMGOLD's strategy of disciplined portfolio management as we look to create value for shareholders through a focus on core assets,"Read More
Turquoise Hill is in talks with Rio Tinto and lenders to reduce its base case funding requirement of around US$3.6 billion by up to $1.Read More