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
Workers decided it was their turn to take to the streets to protest at the inability of the government to help find a solution to the social conflicts which have dogged the mine since it beganRead More
Tin producer Alphamin Resources (TSXV: AFM; US-OTC: AMFJF) has released an updated resource estimate for the Mpama South tin project in the Democratic Republic of Congo, highlighting a 46% increase in the inferred category based on assays from 22 additional extensional drill holes.The Mpama South inferred resource now stands at 4.99 million tonnes grading 2.5% tin for 124,700 tonnes of contained t...Read More
Shares of NevGold (TSXV: NAU) reached their highest value in nearly a month as the company released its latest drill results from the Cadillac valley target area at its Limousine Butte project in Nevada. The latest results from the company's ongoing 10,000-metre drill program included a drill hole (CV22-006) that intercepted gold about 650 metres away from previously known mineralization. The co...Read More
Canada's Asante Gold (TSXV: ASE; US-OTC: ASGOF) has begun operations of the processing plant and associated equipment at its Bibiani gold mine in Ghana.The gold exploration and development company plans to carry out a 14-day evaluation period during which it will control, calibrate operating systems and align critical equipment "under full load."Bibiani, which Asante acquired last year from Aust...Read More
Ask most professional geologists to define our rocky vocation and they'll tell you that it's made up of a large helping of science with a tasty dollop of art slathered on top. To me, that's why exploration geology is a such lovely discipline. It combines the empirical beauty of observation with the subtlety of multi-disciplinary science. Like it or not though, our industry often bets the house on...Read More
Maritime Resources (TSXV: MAE) has provided an update on its 100%-owned Hammerdown gold project, which it is advancing towards the feasibility stage, after finalizing the project design and obtaining most of the pricing information for key project components.The project, located in the Baie Verte mining district of Newfoundland and Labrador, is designed as both an open pit and underground mining o...Read More
One week isn't enough time to get over a mass shooting - especially one like the heartless masacre that savaged Uvalde, Texas, on May 24.See, when it first occurred, I couldn't even really begin to grapple with it. I couldn't think about it or talk about it.It took time for all that grief and pain to set in. And then I spent most of this week writing my way through the depression, trying to figure...Read More
Share this article VANCOUVER - Goldquest Mining Corp. [GQC-TSXV] has announced the appointment of Luis Pereyra as the company's new CEO. Following a transition period, he will take up the new position on or before September 1, 2022. Pereyra, who is also expected to join the board of directors, will initially be responsible for working towards securing an exploitation license for the company's...Read More
At closing, Trillium is to pay St Anthony C$500,000 (US$394,666) in cash and issue 1 million shares in its capital.Read More
"The only way these projects can be advanced on time and within budget is with well-connected, quality staff and management.Read More
(IDEX Online) - Tariffs on most diamonds and jewelry exports from Israel to the United Arab Emirates will be abolished as the two countries establish closer ties.A free trade agreement signed on Tuesday will further boost trade links between the two countries. Business has flourished since it was officially sanctioned by the Abraham Accords of August 2020.Tariffs on food, medicine, fertilizers&nbs...Read More
(IDEX Online) - The IDEX Polished Price Index fell very slightly during May, ending the month down just 0.69 per cent. In April it declined by more than 2.1 per cent. Before that, January and February showed sharp increases - 5.67 per cent and 4.14 per cent respectively. The Index has been declining since the first week of March.IDEX Online subscribers please click here to rea...Read More
(IDEX Online) - Manufacturers will increasingly turn to lab growns to fill supply gaps caused by sanctions against Russia.Botswana's minister of minerals and energy, Lefoko Moagi, told a mining conference it would be hard to source enough natural diamonds to replace Alrosa's missing output."We see the 30 per cent gap that will be left by the ban being plugged by something else that is no...Read More
Sabina Gold & Silver (TSX: SBB) has reported high-grade results from the final drill holes of the 2022 spring drilling program at the Goose property on its 100%-owned Back River project in Nunavut. Highlights from drilling included 45.1 metres grading 12.59 grams gold per tonne starting from 123.6 metres in hole 22GSE607 and 20.4 metres grading 12.64 grams gold starting from 146.4 metres in hole...Read More
New analysis published by Bank of America Global Research has found on-warrant metal inventories and net non-commercial positions as the leading metrics that could signal the risk of violent short squeezes on above-ground metals supplies.The bank's Global Research team undertook correlation and principal component analyses to determine which market metrics would have signalled the next metal squee...Read More
Wesdome Gold Mines (TSX: WDO) reported high-grade results from its drill program at the Kiena mine complex in Val d'Or, Que., as the company continues to move forward with its goal of boosting the project's resources. Highlights from the drill results included 50.7 metres, with an estimated true width of 5.5 metres, grading 92.11 grams gold per tonne, starting from 94 metres in hole 6796W6; and...Read More
Australia-based lithium developer Winsome Resources (ASX: WR1) has received results of metallurgical test on composite samples from its 100% owned Cancet and Adina projects in the James Bay region of Quebec. The test, part of a scoping study on both projects, was undertaken by SGS Canada in Lakefield, Ont.Heavy liquid separation (HLS), with batch flotation tests, was performed on three lithium-bea...Read More
Mining companies need to find ways to make owning a lithium or nickel stock 'cool' or 'sexy' to create more value for an industry that's struggling to produce enough critical minerals to meet the rising demand for green products like electric vehicles, industry experts said at The Northern Miner's quarterly Global Mining Symposium in late May. People are interested in electric vehicles and th...Read More
As known resources are depleted and projected demand for key minerals increases, finding the next new deposits has become more urgent. Here are eight exploration companies that are focused on global discovery - with precious metals and uranium high on the list of sought-after commodities. ANGEL WING METALSIn mid-May, Huntington Exploration became Angel Wing Metals (TSXV: AWX; US-OTC: HEXPF). The...Read More
Have a look at the shock on people's faces as they leave the grocery stores these days, or the look as they stand filling up their tanks at the gas station. Their jaws drop and they wonder what is happening to the world.The answer is the policy disasters of the last two years. The bill is coming due and everyone but the masters of the universe is paying it. The value of the dollar is sinking rapid...Read More