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
This week's episode features Ore Group founder and chairman Stephen Stewart on where things stand for the mining industry in the second half of 2022. Stephen discusses Canada's opportunity in the context of global geopolitical events, as well as the need to reform Canada's mining regulatory bodies. He also shares his favourite commodities.All this and more with host Adrian Pocobelli."Rattlesnake R...Read More
In January, Chifeng Jilong Gold Mining Co. acquired Canada's Golden Star Resources and its Wassa gold mine in Ghana. Now the Chinese gold miner is investing A$49.3 million (US$33.9 million) for an 8% stake in West Africa-focused Tietto Minerals (ASX: TIE). Tietto is developing its Abujar gold project in western Cote d'Ivoire and says it's on track to deliver first gold in the fourth quarter of th...Read More
Equinox Gold (TSX: EQX; NYSE-AM: EQX) has resumed operations at its Los Filos mine in Mexico, which were halted last week as the result of a blockade by members of the nearby Mezcala community.The company said that following an initial meeting with local leaders, obstructions to supply and transport to and from the mine ended. Operations resumed on Sept. 10.The Vancouver-based miner noted it would...Read More
Perhaps while gazing into his crystal ball, Elon Musk managed to predict today's resource crisis with pinpoint accuracy. Under his guidance, Tesla evolved from a relatively unknown niche brand to the world's largest manufacturer of plug-in EVs. Regardless of whether you love or hate his personal brand of insanity, Musk's market foresight is top-notch. Tesla made it through the pandemic relativel...Read More
Usha Resources Ltd. is a publicly traded Canadian mineral acquisition and exploration company based in Vancouver, BC, Canada. Usha is exploring for commercially exploitable mineral deposits and is currently focused on deposits located in North America.Read full newsRead More
The recycling of spent autocatalysts in China supplied the country with 33,300 ounces of platinum in 2021, while recycled jewellery and industrial scrap yielded 250,000oz and 7,900oz of the preciousRead More
Share this article VANCOUVER - Fission Uranium Corp. [FCU-TSX; FCUUF-OTCQX; 2FU-FSE] has released the results of an updated resource estimate for the Triple R deposit at its at its 100%-owned Patterson Lake South (PLS) property in Saskatchewan.Fission has previously said the Triple R uranium deposit has the potential to become one of the lowest cost uranium mining operations in the world. The pro...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe integrated pilot collection system trials will take place in its NORI-D exploration contract area in the Clarion Clipperton Zone (CCZ) of the Pacific Ocean.Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipNorth Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metals"The existing underground Camp deposit provides early, high-grade gold mineral resources in the Condor North PEA to blend with the three open pits. Addition...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe study examined the construction of a battery-grade nickel sulfate refinery in Ontario, Canada, by 2025-26, viewed capital costs of between US$550 million and $650 million for a 10,000 tonnes per annum integr...Read More
ONHYM will maintain its 3% royalty on the Zgounder property, and a 3% royalty is granted on production coming from the new permits.Read More
Florida-based Pentwater Capital Management, which owns 11.63% of Turquoise Hill, said it was considering its legal and shareholder options to oppose the revised $3.Read More
Toronto-listed Equinox Gold resumed operations at its Los Filos mine in Mexico on September 10 after a meeting with Mezcala community leaders resulted in the blockade being lifted. Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe recycling of spent autocatalysts in China supplied the country with 33,300 ounces of platinum in 2021, while recycled jewellery and industrial scrap yielded 250,000oz and 7,900oz of the preciousRead More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED For British investors in particular, given their familiarity with Australia, the double-barrelled energy boom in Oz represents the return of an investment double-banger with risingRead More
(IDEX Online) - Sales of jewelry and watches bounced slightly in July, up by 10.2 per cent, year-on-year. The previous month's sales, initially reported as just 0.8 per cent, have now been revised up to 5.3 per cent, based on actual through-the-till transactions. And sales for May have been revised up from 5.1 per cent to 6.0 per cent. However, overall sales growth in rece...Read More
(IDEX Online) - The IDEX Polished Price Index suffered another month of steady decline during August, down by 2.31 per cent. That's the biggest monthly drop since it began falling in early March. It was down 2.1 per cent in April, 0.69 per cent in May, 1.18 per cent in June and 2.05 per cent in July. January and February, by comparison, showed sharp increases, up by 5.67 per cent and 4.14 per...Read More
"The fatal accident occurred at the underground Kansoko Mine in a development area when a fall of ground struck a Komoa Copper employee," Ivanhoe said."Kamoa Copper is undertaking a comprehensive internal investigation into the accident and is working with the DRC authorities to facilitate their investigation of the accident," the company added.Kamoa Copper is the operator of the complex. It is a...Read More
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) expects to pour first gold by mid-2023 at Seguela, an open-pit mine it is building in Cote d'Ivoire. In the meantime, the company continues to release exploration updates and drill results for the project and identify new regional prospects. Drilling down-dip and down-plunge at the project's Sunbird deposit, for instance, has extended the mineralization...Read More
The Dow Jones Industrial Average gained 833.27 points during the Sept. 6-9 trading session, rising 2.66%, to 32,151.71, while the S&P 500 climbed143.1 points or 3.65% to 4,067.36. This week's top gainer in value was royalty and streaming firm Franco-Nevada, rising US$4.38 to end the week at US$125.97. Franco-Nevada released its second-quarter results in August, reporting record quarterly revenue...Read More