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
A rising demand to participate in the revenues from natural resources, tougher environmental protection rules and changes to laws are increasing risks for mining and energy companies across Latin America, even in countries once considered safe investment destinations, a new study shows.According to the 2022 Latin America Mining Risk Index, published by consultancy Americas Market Intelligence (AMI...Read More
In this issue, we bring you our popular annual look at "Canada's Top Ten" - this year focused on Canada's biggest mining companies, precious metals juniors, and base metals and uranium juniors by market cap. From year to year, these lists don't usually see dramatic changes, with the biggest companies often shuffling up or down one or two spots.This year, however, our Top Ten base metals and uraniu...Read More
Across the globe the energy transition is boosting future demand projects for those metals crucial to the production of electric vehicles (EVs), wind turbines, solar cells and many other green technologies. Much focus has been placed on copper - the main element in wiring and other electronic components - but there is also a huge role to be played by the metal that serves as the glue that holds th...Read More
VVC Exploration Corporation (Read full newsRead More
Share this articleVANCOUVER - Brixton Metals Corp. [BBB-TSXV] shares rallied in active trading Wednesday after the company released the first batch of 2022 drill results from its 100%-owned Thorn Project, which is located in British Columbia's Golden Triangle area.The shares rose 4.3% or $0.005 to 12 cents on volume of 1.6 million. The shares are currently trading in a 52-week range of 24 cents an...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipOrexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesTotal measured and indicated mineral resources stood at 4 million ounces (64.6 Mt at 1.Read More
The results come ahead of an expected pre-feasibility study for the mine in the third quarter of this year.Read More
(IDEX Online) - The Oppenheimer family - which sold its stake in De Beers for $5.1bn - has been granted an interim court order to halt gold exploration at its ranch in Zimbabwe.Nicky Oppenheimer (pictured), whose grandfather Sir Ernest Oppenheimer founded mining giant Anglo American, sought a high court injunction after a prospector's plane was spotted over the 65,000-hectare Shangani Ranch,...Read More
(IDEX Online) - Shanghai Diamond Exchange (SDE) is reporting a "surge in trading", with transactions worth $3.82bn from January to June of this year.That's an increase of 86 per cent on the same period in pre-Covid 2019. The pandemic saw China's diamond imports down by almost a half in 2020 and 2021.Lin Qiang, president of SDE, said: "The strong rebound of diamond import not...Read More
(IDEX Online) - De Beers will more than double the number of its stores in India, buoyed by a strong 2021 performance.The company reported positive consumer sentiment during the first half of 2022 and predicted similar success.De Beers India will increase the number of exclusive operative stores from 14 to 30, managing director Sachin Jain told PTI."The year 2021, the calendar year, was the best y...Read More
Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesAsian Battery Metals AllianceSPONSOREDaranjin resourcesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAurania's president and CEO Keith Barron noted Wood's contributions over the past three years and his stewardship through the Covid-19 pandemic.He as a...Read More
Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) has released an integrated feasibility study for its Matawinie mine project and B?(C)cancour battery material plant, both in Quebec, that reported a higher capital expenditure than expected by BMO analysts.The projects are located within a 150-km radius of Montreal.According to the latest study, the Matawinie mine project is expected to produce an aver...Read More
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) believes that its Crawford project in northern Ontario contains the fifth largest nickel sulphide resource globally, after a new estimate released by the company on July 6 more than doubled the project's measured and indicated resource estimate.Its latest measured and indicated resources now total 1.4 billion tonnes grading 0.24% nickel and 6.59% ir...Read More
Marathon Gold (TSX: MOZ) has increased the mineral resource estimates for its Valentine gold project in central Newfoundland, the largest undeveloped bullion project in Atlantic Canada.The Toronto-based miner said that total measured and indicated mineral resources now stand at four million ounces (64.6 million tonnes at 1.90 grams gold per tonne), a 26% growth in ounces and over 10% increase in g...Read More
Granada Gold Mine (TSXV: GGM; US-OTC: GBBFF) has updated the mineral resource estimate at its flagship Granada property, a past producer located adjacent to the Cadillac Break in the Abitibi near Rouyn-Noranda, and is close to several gold deposits and operating mines in northwestern Quebec.This is the second time that the company has published a resource update since shifting its approach to the...Read More
The green energy revolution is driving unprecedented demand for sustainable sources of base metals and uranium which is increasingly seen as an acceptable form of baseload power generation.Here's a list of the top ten Canadian-headquartered base metal and uranium juniors with no production. The ranking is based on the companies' market capitalization as of June 9, as compiled by Mining Intelligenc...Read More
Shares in Savannah Resources (AIM: SAV) fell as much as 35% in early trading today after revealing the sudden exit of its chief executive and having to complete an additional environmental licensing step for its flagship Mina do Barroso lithium project in Portugal.The company said CEO David Archer was stepping down immediately after almost nine years in the post. He's being succeeded on an inter...Read More
The latest drill results from the Kay mine project in central Arizona demonstrate more intervals of gold and copper-rich sulphide mineralization, Arizona Metals (TSXV: AMC; US-OTC: AZMCF) reports.Results from 17 drill holes released today included 100.9 metres grading 1.24% copper, 1.54 grams gold per tonne, 1.56% zinc, 25.8 grams silver per tonne and 0.14% lead (2.54% copper-equivalent/4.16 grams...Read More
It's official. The Atlanta branch of the Federal Reserve now says it believes that the United States economy is in the midst of a recession.Last week, the Atlanta Fed revised its second-quarter GDP forecast into negative territory.On Thursday, the bank lowered its second-quarter GDP growth forecast from +0.3% to -1.0%. Then on Friday, the bank lowered its forecast again to -2.1%.The U.S. Bureau of...Read More
Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) (Read full newsRead More