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
"Peru has conditions that are unique: geological wealth, a long mining tradition and a stable macroeconomic scenario.Read More
The key growth area is the northeast extension where the company was returning higher grade intercepts from surface as the company released its maiden resource in April.Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Zenith Minerals aiming for new heights with lithium focusSPONSOREDzenith minerals limitedBedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDFinance Minister Jose Antonio Ocampo agreed to continue to allow royalty deductions in exchange for rai...Read More
(IDEX Online) - Arctic Canadian says it has recovered what is likely to be the largest fancy vivid yellow gemstone discovered in Canada. The octahedron diamond, weighing 71.26 carats, was found at the Ekati mine, in Northwest Territories, which was bought from the insolvent Dominion Diamond Mines last year."The beautiful rough diamond exhibits a near-perfect octahedral shape, a rarity for dia...Read More
(IDEX Online) - Trans Atlantic Gem Sales (TAGS) saw sales slump at its September rough tender, which that closed today, down from $35m in July to an estimated $14m.It offered only $25m of goods in Dubai, and withdrew 45 per cent amid "difficult" market conditions, though it did not provide an actual sales total.TAGS noted reports that rough prices generally had softened by as much as 10 per cent,...Read More
(IDEX Online) - A huge 18.18 carat pear-shaped fancy vivid pink diamond could fetch $35m when it is offered for sale at Christie's Geneva in November.The auction house says the Fortune Pink (pictured) is the largest pear-shaped fancy vivid pink diamond ever to be auctioned."Weighing an auspicious 18.18 carats, the diamond's weight literally translates to definite prosperity in Asia and i...Read More
(IDEX Online) - Jewelry customers can now pay $40 for an image of themselves wearing virtual jewelry.It's part of a collaboration between The Banter by Piercing Pagoda - a chain of kiosk stores owned by Signet Jewelers - and DressX, a "metacloset of digital-only clothes".They have jointly launched a six-piece jewelry collection. "Three of the styles are digital-only, featuring elements...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Zenith Minerals aiming for new heights with lithium focusSPONSOREDzenith minerals limitedBedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe targets included the Joint Chiefs of Staff of Chile's Armed Forces, the Mexican Secretariat of Nati...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Zenith Minerals aiming for new heights with lithium focusSPONSOREDzenith minerals limitedBedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSORED China's mineral exploration and development policies are the most stringent in the world, with d...Read More
The scheduling is slightly ahead of the third quarter 2023 restart which it guided for in August.Read More
Share this article VANCOUVER - Max Resource Corp.'s [MAX-TSXV; MXROF-OTC; M1D2-FSE] ground-based IP (induced polarization) and TMI anomalies at the Cesar project, Colombia, correlated well with surface geochemical targets and successfully defined new drill targets at URU Central (URU-C and URU-CE). Mobilization of the drill rig is fully under way and continuous channel sampling at URU-CE returned...Read More
The new life of mine plan supports an updated mill expansion scenario from 45,000 to 65,000 tonnes per day to produce 114 million pounds of copper, 54,000 ounces of gold and 367,000oz of silver, orRead More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Zenith Minerals aiming for new heights with lithium focusSPONSOREDzenith minerals limitedBedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe Forum will be hosted online at Brock University in Ontario, Canada, and will bring together thought...Read More
Arizona Sonoran Copper (TSX: ASCU) has published a maiden resource estimate for Arizona's Parks-Salyer (P/S) porphyry copper deposit, immediately southwest of the flagship Cactus project.The P/S resource is on contiguous private land and includes oxide, enriched and stockpile material considered amenable to a heap leaching operation. The inferred resource now stands at 143.6 million tonnes grading...Read More
Global mining and metals executives view ESG, geopolitics and climate change as the top three risks facing their business over the next 12 months, according to this year's ranking of the Top 10 business risks and opportunities for mining and metals in 2023 by EY."We've witnessed huge upheaval and change over the last year, namely due to the war in Ukraine, climate events, new governments in minin...Read More
Copper Mountain Mining (TSX: CMMC) has announced updated mineral resource and reserve estimates for its 75%-owned copper mine located in southern B.C. Based on the new reserves, the company has also released a revised life of mine plan that supports a mill expansion to 65,000 tonnes per day from 45,000 tonnes.The latest update sees the Copper Mountain mine grow its measured and indicated resources...Read More
Lion One Metals (TSXV: LIO; US-OTC: LOMLF) has closed its previously announced bought deal financing to raise gross proceeds of approximately $13.4 million. A total of 17.4 million units priced at 77 ? were offered, including 1.1 million units issued to Eight Capital and Canaccord Genuity as partial exercise of their over-allotment options.Each unit consists of one common share of Lion One and one...Read More
Vancouver-based Foran Mining's (TSXV: FOM) executive chairman and CEO Dan Myerson doesn't want to build just one mine. He has designs on creating Canada's next copper mining camp in the Prairies.Foran has had a busy year as it advances the McIlvenna Bay copper-zinc-gold project in Saskatchewan, which it says will be the world's first zero-carbon operation. It released a positive feasibility study...Read More
By now you probably already know the story behind WD-40.If not, the short of it is WD-40 was originally developed in the 1950s to lubricate and prevent corrosion of machine parts on naval ships.Later it was used as a de-icer for intercontinental ballistic missiles (ICBMs) and a million other things. The name "WD-40" stands for "Water Displacement, 40th formula."But what you might be surprised to l...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipChaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesThe inferred resources are estimated at 10.3 million t at 0.7g/t Au, 0.2% Cu, and 1.1g/t Ag. "Significantly, the resource is near-surface...Read More