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
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesZenith Minerals aiming for new heights with lithium focusSPONSOREDzenith minerals limitedMining Journal and MiningNews.Net Critical Minerals reportSPONSORED"EBITDA and prices are decreasing as business and macroeconomic conditions weaken.Read More
Toronto-listed Avalon Advanced Materials will supply LG Energy Solution with 11,000 tonnes a year of lithium hydroxide for five years initially, starting in 2025.Read More
"Polymetal continued to maintain operational stability in 1H 2022 despite operating in a persistently challenging external environment," group CEO Vitaly Nesis said.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 reportSPONSOREDRather than welcome Tuesday's publication by FMG of an "execution plan for industry leading decarbonisa...Read More
Australia's Vital Metals (ASX: VML), the first producer of rare earth minerals in Canada, opened a processing facility in Saskatoon this week that will feed into the global demand for minerals used in electric vehicles.The 3,000-sq.-metre plant will refine ore from Vital's Nechalacho project in the Northwest Territories into a high purity, mixed rare earth carbonate product, the company said. The...Read More
Baffinland Iron Mines has received a positive recommendation from the Nunavut Impact Review Board (NIRB) to temporarily increase production at its Mary River iron ore mine in Canada's Nunavut territory to 6 million tonnes through to the end of the year.The decision, the company said, could help it keep the mine viable and take more than 1,100 jobs off the chopping block this fall.Northern Affairs...Read More
LG Energy Solution of South Korea has signed agreements with three Canadian suppliers of minerals used in electric vehicle batteries as it bets on North America to become a fast-growing market for zero-emission autos. Toronto-based Avalon Advanced Materials (TSX: AVL) and Snow Lake Lithium (NASDAQ: LITM) of Winnipeg will join Electra Battery Materials (NASDAQ: ELBM; TSXV: ELBM), in supplying m...Read More
Revival Gold (TSXV: RVG; US-OTC: RVLGF) has reported additional results from its 2022 drilling program at the Beartrack-Arnett gold project located in Idaho's northeast Lemhi County. Since the start of drilling in June, about 2,900 metres of the planned 5,000-metre program have been completed.The new results are headlined by drill hole BT22-242D, which intersected 3.49 grams gold per tonne over 1...Read More
Mining and commodities giant Glencore (LSE: GLEN) is buying Newmont's (TSX: NGT; NYSE: NEM) minority stake in the Argentinean MARA copper-gold project, a joint venture created in 2020 between the two companies and Yamana Gold (TSX: YRI; NYSE: AUY).Glencore will pay Newmont an initial price of US$124.9 million for the gold miner's 18.75% interest in MARA.There will also be a US$30 million deferred...Read More
Manitoba and Saskatchewan consistently rank top among the world's premier jurisdictions for mining and mineral exploration. The following are eight companies with operations in the provinces. APPIA RARE EARTHS & URANIUM Aerial view, Alces Lake property in Saskatchewan. Credit: Appia Energy.Toronto-headquartered Appia Rare Earths & Uranium (CSE: API; US-OTC; APAAF) is exploring for rare earth ele...Read More
Sierra Metals (TSX: SMT; NYSE-AM: SMTS) said a group of residents from the Peruvian town of Alis are blocking the access to its flagship Yauricocha copper mine, where production has been suspended for over a week.The Canadian miner did not specify why community members are blocking access to the mine, but some speculate it could be tied to the death of three miners at the operation due to a mudsli...Read More
The stock market was down big again today, with the Dow hitting a new low for the year. Just about everything else was down today too. The Fed really has Wall Street spooked, as it's aggressively raising rates to try to get a handle on inflation (even though it won't).The latest inflation numbers show that inflation is persistent, as we knew it would be. That includes sectors without much price mo...Read More
Russia's chances of winning its war in Ukraine are falling faster than a dissident oligarch tossed from a rooftop.On Wednesday, Vladimir Putin finally succumbed to the reality of his military's looming failure, as well as the country's more militant voices, and announced a "partial" mobilization of 300,000 new conscripts.These are weekend warriors with little or no experience actually fighting, an...Read More
FPX Nickel (TSXV:FPX; OTC:FPOCF) CEO Martin Turenne explains the results of an internal engineering scoping study evaluating the production of nickel sulphat...Read full newsRead More
TRU announces assay results from a new drill discovery at its flagship Golden Rose Project in Central Newfoundland. The 13-hole, 2,147.4 metre drilling program focused on the Jacob's Pond area, principally the Jacob's Twin showing, one of the five grids property-wide where the Company recently complRead full newsRead More
Share this articleVANCOUVER - SSR Mining Inc. [SSRM-TSX, NASDAQ, SSR-ASX] said Thursday it has received the required approvals from the Turkish Government and will restart operations at its Copler mine today.The move comes after the company completed improved initiatives at the heap leach pad that were required by the Turkish Ministry of the Environment.At the end of the second quarter the govern...Read More
The private placement will help advance exploration at the company's flagship Treaty Creek property in Canada's Golden Triangle.Read More
SSR Mining has restarted operations at its Copler gold mine in Turkey that were suspended in June this year following a leak from a pipeline that connects to the heap leach pad.Read More
Puna most recently served as CEO of Anglo American's copper business in Chile following a series of operating and technical positions within that organization including as Group Head of Open PitRead More
Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesZenith Minerals aiming for new heights with lithium focusSPONSOREDzenith minerals limitedNorth Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDSpeaking recently at a gathering of investors in Perth hosted by the Association of Mining Explorat...Read More