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
Volkswagen, the world's second-largest plug-in EV manufacturer, just announced something alarming: Any new orders for plug-in vehicles won't be fulfilled until sometime next year.That's some pretty terrifying news. It shows that ongoing supply chain disruptions are starting to choke some of the industry's recent growth. Critical metals like lithium, nickel, and cobalt are becoming harder and hard...Read More
By Tom Azzopardi Silvercorp Metals Inc. (TSX:SVM) consistently appears as one of...Read full newsRead More
Vancouver, July 18, 2022 - FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) ("FPX" or the "Company") is pleased to announce that the Van Target ("Van") step-out drilling program has started at the Company's Decar Nickel District ("Decar") in central British Columbia. This year's drilling is focused on expansion of mineralization at Van, where an initial [...]Read full newsRead More
Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (Read full newsRead More
The funds will be used to explore the Luanga platinum group metals, gold and nickel project in the Carajas mining district in Para, Brazil, and to make payments under the optionRead More
Red Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsAlma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesBeattie owns the mineral rights to mining claims that make up the former Beattie mining conces...Read More
Look beyond market approach to project valuations: van ZylLeadershipAlma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesThe funds will be used to explore the Luanga platinum group metals, gold and nickel p...Read More
JP Morgan sits 3% below market consensus of the firm's forecast second quarter results which First Quantum will release on July 27 after the close of trading on the Toronto Stock Exchange.Read More
"We have serious concerns with regards to the new royalties," BHP said in a statement. "If the proposed royalty (hike) materializes, we would have to re-evaluate our investment plans for Chile.Read More
Alma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesRed Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsIn the latest twist to the global energy crisis there has been a dawning in China that it made...Read More
(IDEX Online) - Canadian junior miner Diamcor achieved an average of US$246.62 per carat at its rough tender from the Krone-Endora at Venetia Project, in South Africa.That's down over a fifth on the $330 per carat it achieved in February, when it sold 3,063 carats for $1,010,406.It sold a total of 1,939.81 carats sold earlier this month, generating gross revenues of USD $478,3...Read More
(IDEX Online) - A criminal investigation has reportedly been opened in Israel against "Tinder Swindler" Shimon Hayut, following a complaint from the Leviev family, owners of Leviev Diamonds.It follows Netflix's true-crime documentary which told how Hayut, 31, seduced numerous women over the Tinder dating app with his jet set lifestyle, then persuaded them to hand over money with claims that h...Read More
Protests by the Fuerabamba and Huancuire communities at Las Bamas started in mid-April this year and continued until June when the firm signed a 30-day truce with protestors that allowed mineRead More
"The intention of this programme was to increase the amount of resources in the Indicated category for the White Rock deposit, which stood at 4.7 million tonnes, or 79% prior to commencing the drilling," Anglesey's CEO Jo Battershill said.The company listed the following intersections:9.0 metres at 4.9% Zn, 3.1% Pb, 0.2% Cu, 24g/t Ag & 0.3g/t Au (WD-20 from 133.5 metres) including 6.0 metres a...Read More
IsoEnergy (TSXV: ISO; OTC: ISENF) has announced an initial mineral resource estimate for the Hurricane uranium deposit, part of its 100% owned Larocque East project in the eastern Athabasca Basin of Saskatchewan. The resource estimate was conducted by SLR Consulting, using assays from 52 diamond drill holes totaling 20,387 metres and 785 samples.Indicated mineral resources totalled 48.61 milli...Read More
Australia's Vital Metals (ASX: VML) has in less than three months progressed from shipping out its first load of mixed rare earth carbonate to receiving positive results on the first processing pass at its new facility in Saskatoon, Sask. Vital is the first rare earth producer in Canada and the second in North America, after MP Materials' (NYSE: MP) Mountain Pass mine in California.The dense medi...Read More
Gold streaming company Franco-Nevada (TSX: FNV; NYSE: FNV) has committed US$352.5 million to a finance package totalling US$481 million for the Tocantinzinho project located in Par?? state, Brazil, currently held by G Mining Ventures (TSXV: GMIN). The project is construction-ready, and first production is expected in the second half of 2024.Located 200 km southwest of the city of Itaituba, Tocanti...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) said on Monday it's close to a final framework agreement with the Pakistan government to develop the giant Reko Diq copper-gold deposit, close to the borders of Iran and Afghanistan.The project, which hosts one of the world's largest undeveloped open pit copper-gold deposits, has been on hold since 2011 due to a dispute over the legality of its licensing proces...Read More
(IDEX Online) - Thieves who broke into an unattended Brink's security trailer in Southern California, USA, may have escaped with up to $150m in jewelry, gems, high-end watches, according to exhibitors.The vehicle was on its way from the International Gem and Jewelry Show in San Mateo, south of San Francisco, to an event at the Pasadena Convention Center, northeast of Los Angeles. Guards who h...Read More
(IDEX Online) - Four Canadian men have been charged at a court in Ohio, USA, with a pink diamond and jewelry investment fraud following an FBI probe.They are alleged to have cold-called potential investors in the US and Canada and persuaded them to make small investments in pink diamonds, which, they claimed, would increase in value. The defendants claimed to work for Paragon Int...Read More