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 meeting, held on June 9 on the sidelines of the Summit of the Americas, was a further indication of the political priority and urgency Washington and Ottawa are giving to developing and securingRead More
Uranium has been boosted by a promising change to the U.S. Government's nuclear fuel procurement policy, while zinc continues to benefit from high power prices which are limiting supply.Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesThe meeting, held on June 9 on the sidelines of the Summit of the Americas, was a further indication of the politic...Read More
Drill hole number 60 was collared almost 2km northeast of previous drillhole 41 and has intersected what it interpreted as a separate porphyry system along the Filo del Sol corridor, the firm said inRead More
(IDEX Online) - A new record for the world's largest polished lab grown diamond has been set by Indian company Ethereal Green Diamond LLP, with a 30.18-carat stone.It snatches the title from Greenlab, another Indian company, which announced just over two weeks ago that it had produced a marquise step cut 27.27-carat diamond.Both stones were certified by IGI. The 30.18-carat emerald-cut gem, c...Read More
It's part of a move by the country to accelerate the development of a formal mining sector.Read More
Filo Mining (TSX: FIL; OTC: FLMMF) has discovered a new porphyry copper-gold centre along the Filo trend, about 2 km northeast of the Breccia 41 zone at its Filo del Sol project in San Juan, Argentina.Part of its ongoing drill program at Filo del Sol, hole FSDH060 intersected 738 metres at 0.39% copper, 0.14 gram gold per tonne and 1.4 gram silver per tonne, from a depth of 332 metres. This hole i...Read More
As the world continues to electrify and concerns escalate around the supply of raw materials, including copper, zinc, lithium, and PGMs, required for the transition away from fossil fuels, base and battery metal explorers and developers are attracting increasing interest from investors. Below are eight companies operating in the space.AMERIWEST LITHIUM1: Ameriwest Lithium's Edwards Creek project i...Read More
Qu?(C)bec-focused gold miner Abcourt Mines (TSXV: ABI) has entered into a non-binding agreement to acquire all issued and outstanding shares of Pershimex Resources (TSXV: PRO) by way of a three-cornered merger. Abcourt says the proposed transaction is part of the company's vision to create a larger and more diversified emerging gold producer and explorer in the province.Pershimex shareholders wil...Read More
Perpetua Resources (Nasdaq: PPTA; TSX: PPTA) is building momentum on its legacy cleanup in Idaho, and has selected IMCO Construction as a partner to begin water quality improvements in the historical Stibnite mining district this summer.Known as Midas Gold until last year, the company moved its headquarters from Vancouver to Boise, Idaho, where it is restoring the historic brownfield site of its...Read More
New ETFs in Europe, billions of dollars raised and spent on physical uranium by Sprott, aggressive reactor construction programs, mine restarts, rising contract pricing, positive turns in public sentiment: Driven by powerful geopolitical and climate related trends, nuclear energy has finally moved out from the shadow cast by Fukushima and is bringing fundamental change to the uranium sector.The st...Read More
Today's red-hot inflation numbers only reinforce the notion that the Fed will aggressively raise rates at next week's FOMC meeting, and also at July's meeting. We don't have to guess at that. The Fed has already told us that's their intention, even before today's report.It may even "shock and awe" investors with a 75-basis-point hike this month or next month. Markets are predicting 50-basis-point...Read More
Vladimir Putin stood at a pristine white podium, addressing the collective Russian government - oligarchs and all - as well as millions of Russians watching the State of the Nation address at home.A screen behind him showed a computer-generated simulation of a nuclear attack, with a barrage of missiles pouring down on the Florida peninsula."With the new system, there is no limitation," said Putin....Read More
#gold #goldstocks #goldminingstocks #juniorminingstocks #preciousmetals #preciousmetalsstocksRead full newsRead More
The move by the MFA follows legal action taken by US hedge fund Elliott Management and Jane Street in taking legal action at the English High Court against the exchange.Read More
The additional share purchase will bring total shareholder payments to around $4 billion this year under its existing normal course issuer bid.Read More
Share this article VANCOUVER - Sitka Gold Corp. [SIG-CSE, SITKF - OTCQB, 1RF-FSE] has raised $4.7 million from an oversubscribed private placement financing and will use the proceeds to fund exploration on its Yukon projects."The main focus this year will be aggressive development of our new Blackjack Zone gold discovery at the RC Gold Project, where we are currently conducting a 10,000-metre d...Read More
Drilling at the newly discovered Tesla zone encountered 200 metres of continuous massive and disseminated sulphides and assays received to-date highlight significant copper-zinc-gold mineralization,Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningThe move by the MFA follows legal action taken by US hedge fund Elliott Management and Jane Street in taking legal action at the English High Court against...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningThe additional share purchase will bring total shareholder payments to around $4 billion this year under its existing normal course issuer bid.Read More