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
The convertible debenture will have a five-year term with an 8% coupon and be convertible into stock at C$16.75 per share. Interest is payable quarterly in cash and stock at the election of Los Andes.Read More
Savannah eyes major Li production in PortugalSPONSOREDsavannah resourcesInvestor Insight: InterGroup MiningSPONSOREDintergroup miningAlicanto wows with maiden resourceSPONSOREDalicanto mineralsSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroft"The execution of the revised binding option agreement with Windfield is a key milestone in the development of both the Hanc...Read More
Sun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdHe told reporters this morning the industry was on high alert for governments around the world raising taxes and royalties for the...Read More
The operation was impacted by severe drought conditions through to the end of the June quarter which reduced access to water for gold leaching operations.Read More
Sun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdKlein commenced his contribution to the annual miners' assembly in Kalgoorlie by drawing attention to how other gold company execu...Read More
(IDEX Online) - A London-based jewelry designer sold a collection of rings for $23,000 in under a minute, thanks to her TikTok profile.Susannah King has amassed over 133,000 followers on the video-hosting site, with regular posts detailing how she uses brightly-colored gemstones to make her pieces.The fourth-generation goldsmith received more than 2,000 messages and sold her entire collection of 2...Read More
(IDEX Online) - Gemstones from Ukraine - topaz and heliodor beryl - are being sold in an online charity auction to fund the country's war effort.It's being organized by New York-based artisanal gem cutters Nomad's, founded by ex-pat Ukrainians."We condemn the Russian state's unjust, brutal, criminal act of aggression toward Ukraine," they said in an Instagram post about the auc...Read More
Sun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdPresident Andres Manuel Lopez Obrador published a decree about its creation in the national gazette reported Reuters. Its head wil...Read More
Clean Air Metals (TSXV: AIR; OTC: CLRMF) has released new assay results from the 2022 drill campaign at both the Escape and Current PGE (platinum group elements)-copper-nickel deposits, part of the company's Thunder Bay North project located in Ontario. The company is advancing the project toward a resource update later this year and a prefeasibility study in mid-2023.Three drill holes from the 20...Read More
A recent report suggests copper might have something in common with Eric Ravilious, whose paintings became increasingly associated with conflict. A strategic study by IHS Markit (now a part of S&P Global) suggests that scarcity of the red metal "may emerge as a key destabilising threat to international security."Ravilious died 80 years ago, on Sept. 2, 1942 (becoming the first British war artist t...Read More
Saudi Arabia has narrowed the field to three finalists for a massive mining exploration licence about 175 km west of Riyadh that it says contains about 25 million tonnes of zinc and copper at grades of 4.11% zinc and 0.56% copper. The kingdom received six proposals for the 350-km Khnaiguiyah licence and has selected three for its short list: a consortium between Saudi Arabian Mining Company (Ma'a...Read More
Three years after kicking off its environmental assessment work, Marathon Gold (TSX: MOZ) has received environmental assessment approvals from both the federal and provincial governments for its Valentine gold project in central Newfoundland. Minister of Environment and Climate Change Canada Steven Guilbeault's positive decision announced on Aug. 24 follows the provincial government's approval on...Read More
Hudbay Minerals (TSX, NYSE: HBM) has reached an exploration agreement with the Uchucarcco community in Peru for the surface rights to the Maria Reyna and Caballito satellite properties near its Constancia mine, located about 600km southeast of Lima. These satellite properties consist of a large, contiguous block of mineral rights held by Hudbay, with the potential to host mineral deposits close to...Read More
The Fed kicked off its much-anticipated annual meeting in Jackson Hole today.Central bankers from around the world are in attendance, although markets are primarily concerned with what Fed Chairman Jay Powell says tomorrow.Markets want him to indicate that the Fed will take its foot off the brake and adopt a less aggressive rate hike policy, as July inflation numbers were (slightly) lower than exp...Read More
http://sonorogold.com Sonoro Gold $SGO.V $SMOFF Heap leach gold oxide going into production in Sonora Mexico led by experienced mine building team.Jeb Handwe...Read full newsRead More
Gold production nearing at MenziesRead full newsRead More
Sun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltd"Ken's experience in building and operating one of the world's largest hardrock lithium projects is immensely relevant to what lay...Read More
The feasibility details an open pit mine with run of mine operations with an ore sorting plant producing a mill feed grade of 6.Read More
It said holes 61 and 63 successfully extended the strike length of the Aurora Zone by 180m to a total of 1.6km, and it remains open to expansion. Highlights included 701.2m grading 1.Read More
The 18% higher new offer for the 49% of Turquoise Hill which Rio doesn't already own increases the deal to US$3.Read More