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
Elephants are rare in outback Australia, even of the mineralised variety, but that's what Rumble Resources appears to have found at Earaheedy in central WA where a world-class zinc, lead and silver discovery is emerging.Not a technical description, the elephant analogy is reserved for the biggest mineral systems and while Earaheedy is still being drilled the signs are pointing to a potentially maj...Read More
Lahontan Gold Corp. (TSXV:LG) (formerly 1246765 B.C. Ltd.) (theRead full newsRead More
(TheNewswire)Vancouver, BC TheNewswire - July 12, 2022 - Alianza Minerals Ltd. (Read full newsRead More
Mining companies that embrace digital transformation can reduce their costs, boost profits, and improve safety and environmental performance, according to Mark Leach, vice-president of business technology services for Cameco (TSX: COO; NYSE: CCJ).He says that digitalization "allows work processes to be streamlined, and provides the data necessary for better decision-making and improving operationa...Read More
Mining companies generate large amounts of waste to produce economically viable metals. For instance, mining for copper, nickel, zinc, and lithium, essential metals for the global push towards decarbonization, can generate an estimated 60 to 90 tonnes of industrial waste, including waste oils and hazardous chemicals, on a monthly basis.And with ore grades from current operating deposits projected...Read More
The company, formerly known as IronRidge Resources, is based in Sydney but is listed on London's Alternative Investment Market, with a current market capitalisation of £193 million.Read More
Share this article VANCOUVER - Universal Copper Ltd. [UNV-TSXV; ECMXF-OTC; 3TA-FSE] reported drill results from the remaining spring 2022 diamond drilling program holes at the 100%-optioned flagship Poplar copper deposit, located southwest of Houston, west-central British Columbia. All drill targets in the Poplar copper-gold exploration district are shallow and road accessible, within 88 km of...Read More
Ganfeng Lithium on July 11 announced its intention to buy Lithea and its Pozuelos and Paston Grandes salt brines that can produce lithium carbonate.Read More
The planned all-share takeover has been received with reservations by some investors who argue the proposed deal is dilutive to Gold Fields' shareholders which outweighs any potential gains inRead More
Look beyond market approach to project valuations: van ZylLeadershipMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDHomegrown and future-focused: a battery and critical metals discovery in the USASPONSOREDstill waters critical mineralsEclipse Metals to Explore Rare Earth Potential of Historic Greenland MineSPONSOREDeclipse metals ltdThe company, formerly known as IronRidge R...Read More
Re-arranging its financing with Sprott provided around C$12 million of additional liquidity for PureGold within the next 15 months that would have otherwise been allocated to debt repayments, PureRead More
Lower copper production of 14.9 million pounds in the second quarter, because of the scheduled annual maintenance shutdown, resulted in a higher-than-normal quarterly cash cost of US$2.Read More
Mining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDEclipse Metals to Explore Rare Earth Potential of Historic Greenland MineSPONSOREDeclipse metals ltdThe iconic Humber Bridge significant to Humberside regionSPONSOREDpensanaHomegrown and future-focused: a battery and critical metals discovery in the USASPONSOREDstill waters critical mineralsThe latest chapter in the long-runnin...Read More
(IDEX Online) - The CEO of Kareevlei, the South African mine owned and operated by BlueRock Diamonds, is reportedly stepping down after output was badly hit by rain.It hampered access to high-quality kimberlite, forcing the mine to use lower grade ore and delaying roll-out of its mining development plan.Processing production was down by 36 per cent - or 400,000 tonnes - on forecasts for April and...Read More
(IDEX Online) - Mountain Province Diamonds says total revenue for the last quarter were $76m - the second highest in the company's 36-year history.The Canadian diamond miner, which operates Gahcho Kue (pictured), in Northwest Territories, in a joint venture with De Beers, said the market remained strong and it was on track with its refinancing and strategic objectives. It sold 586,763 carats...Read More
(IDEX Online) - Iris Van der Veken, who quit the Responsible Jewellery Council (RJC) in March, was today appointed as head of a new group that promotes sustainability in the watch and jewelry industries.The Geneva-based Watch & Jewellery Initiative 2030, established last October by Cartier and Kering, will focus on building climate resilience, preserving resources and fostering inclusiveness.V...Read More
It follows a series of protests at mines across the region by community groups in recent months, most visibly during two months at Chinese state-controlled firm MMG‘s Las Bambas copper mine inRead More
The production comes ahead of the firm receiving final regulatory clearance for commercial operations to begin, Anglo American said.Read More
This week's episode features a summer chat with Northern Miner Group president Anthony Vaccaro, event producer Laura Daly, and host Adrian Pocobelli. Anthony and Laura discuss their experiences at PDAC as well as big events coming up this fall by The Northern Miner and others.All this and more with host Adrian Pocobelli.Music Credits:"Rattlesnake Railroad", "Big Western Sky", "Western Adventure" a...Read More
Meridian Mining (TSXV: MNO; US-OTC: MRRDF) has reported the discovery of a new high-grade gold vein at the northwest extension of its Caba??al copper-gold project at Mato Grosso in west-central Brazil, ahead of the project's new resource estimate planned for September.The high-grade gold vein returned an intercept of 16.7 grams gold per tonne,3.6 grams silver per tonne and 2.2% copper over 2.3 met...Read More