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
Share this article VANCOUVER - Stratabound Minerals Corp. [SB-TSXV, SBMIF, OTC-Pink] shares soared in active trading Thursday after the company released an updated resource estimate for its 100%-owned Fremont Gold project in California.In early trading, the shares jumped 75% or $0.03 to $0.07 on volume of 1.23 million. The shares currently trade in a 52-week range of 13.5 cents and $0.04.The Frem...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdThe hole returned an intercept of 1,059.5m grading 0.40% copper quivalent from 228m depth including a sub interval of 50m grading 0.72%...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipInvestor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsThe company said the indicated resource increased 121% to 19 million tonnes grading 1.9 grams per tonne gold containined 1.2 million ounces while and the inferred resou...Read More
Look beyond market approach to project valuations: van ZylLeadershipInvestor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedThe company's major shareholder Fidelity is putting in about $1.4 million to maintain its 9.9% equity stake, with other investors...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdThe tale the Toronto-based company told when releasing its disappointing second quarter results overnight is a familiar one across the W...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdLotus directors want investors to think of it as an early beneficiary of a long-term recovery in uranium demand as they hint at a potent...Read More
(IDEX Online) - A man has appeared in court in the US accused of posing as a government official and persuading a woman to buy gold bars worth $330,000.Gaurang Contractor, 38, from New Jersey, is accused of attempted larceny from a person over 60.Police say he claimed to be a government official investigating an identity fraud ring and told the woman to buy the gold from a jewelry store, to "avoid...Read More
(IDEX Online) - Pandora reported its "third straight quarter with record revenue," in spite of lockdowns in China and a year-on-year comparison with post-Covid stimulus checks in the US.The Danish jewelry giant said sales in the three months to 30 June were $771m, three per cent up on the same period last year.Key European markets delivered double digit organic growth vs 2021, but the US was down...Read More
(IDEX Online) - The USA's only active diamond mine is celebrating its 50th anniversary with limited edition replicas of its most valuable find - a $1m-plus gem.The Crater of Diamonds State Park, near Murfreesboro, in Arkansas, charges day trippers $10 a day to sift the soil - and lets them keep any gems they find.In 2015, Bobbie Oskarson, from Colorado, found a rough, icicle-shaped 8.52-cts s...Read More
Copper scarcity may emerge as a key destabilizing threat to international security in the 21st Century an analysis by S&P Global found this week."Projected annual shortfalls will place unprecedented strain on supply chains. The challenges this poses are reminiscent of the 20th-century scramble for oil but may be accentuated by an even higher geographic concentration for copper resources and the do...Read More
Analysts at S&P Global Market Intelligence have pointed the finger at a worsening global economic outlook and softer metals prices for dragging down global mining activity in the three months through June.In its quarterly 'State of the Market: Mining Q2' report released this week, senior analyst Sean DeCoff said metals and mining companies' valuations had been significantly impacted by these marke...Read More
Moneta Gold (TSX: ME; OTC: MEAUF) has closed its previously announced and upsized bought deal private placement for aggregate gross proceeds of $15.4 million. The offering, which was oversubscribed, consists of 6 million flow-through common shares at an issue price of $2.40 per share and 608,000 shares at $1.64 per share.The financing was led by Stifel GMP, on behalf of itself and a syndicate of u...Read More
A rash of permit rejections for mining projects by the new left-wing government has rattled nerves in Chile's mining industry. First came the rejection of Anglo American's (LSE: AAL) US$3-billion expansion of its Los Bronces mine in May this year. Since then, authorities have also scrapped Rio2's (TSXV: RIO) US$200 million Fenix gold project and investments at Anglo's El Soldado operation, as wel...Read More
Lumina Gold (TSX-V: LUM) has concluded its drilling program at the Cangrejos gold-copper project in Ecuador, delivering what are likely the penultimate batch of results before the conclusion on a pre-feasibility study, expected mid-2022. The Vancouver-based company said resource estimate work has now started following the completion of drilling at both Gran Bestia and Cangrejos, one of the world'...Read More
Chile's President Gabriel Boric and the chief executive of Teck Resources (TSX: TECK.A | TECK.B) (NYSE: TECK), Don Lindsay, met in the capital Santiago to discuss the Canadian miner's projects in the country, including its biggest ever: the Quebrada Blanca phase 2 (QB2) expansion.The US$5.2 billion QB2 expansion project has the objective of extending the open pit mine's life by 28 years, boosting...Read More
Following a call with Chilean mining taxes with mining and tax lawyers Marco Zavala and Alejandro Chechilnitzky from Guerrero Olivos, "a less onerous increase to the royalty rate, perhaps with theRead More
To be governed - observed 19th-century philosopher Pierre-Joseph Proudhon - is to be:Watched, inspected, spied upon, directed, law-driven, numbered, regulated, enrolled, indoctrinated, preached at, controlled, checked, estimated, valued, censured, commanded... registered, counted, taxed, stamped, measured, numbered, assessed, licensed, authorized, admonished, prevented, forbidden, reformed, correc...Read More
Company starts 3,000-metre drilling program to test the new anomalies CEO Interview today at 9:00 AM ET:Update on ObalskiTomaGold Corporation (TSXV: LOT) (OTCQB: TOGOF) (Read full newsRead More
Seasonality is looming for China's bauxite and iron ore markets, as changes in weather at home and abroad will affect the domestic market for both bulks in coming months.Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipInvestor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsDrilling highlights included 109.05m grading 0.89% copper equivalent including 1.45m grading 14.52% copper equivalent, with the hole containing intervals of chalcocite...Read More