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
As the world pivots towards a green energy transition in the fight against climate change, Africa faces a generational opportunity to create new supply chains drawing upon its 'Aladdin's cave'-like endowment of mineral wealth, a keynote panel at the African Mining Indaba in Cape Town, South Africa, heard on Tuesday. The emerging message is that while the transition forces the creation of new indu...Read More
The Investing in Africa Mining Indaba heard that African leaders are waking up to the fact that the continent stands at the precipice of a generational opportunity to reinvent itself and participate in meaningful economic upliftment as the global energy transition accelerates.But to get there, several African leaders spoke of ongoing policy reforms to attract new investment and create new regional...Read More
Global mining personality and financier Robert Friedland has singled out Africa and the Arabian Shield as the venues where the world's future-facing minerals and metals will be responsibly produced."This is where humanity is going to make it or break it," he told the Investing in Africa Mining Indaba currently underway in Cape Town, South Africa.He points out that the large copper mines in Latin A...Read More
"We've gone full bore in this last year and this year 2022, and have conducted about 140,000m of drilling. We are seeing a weighted average grade of 9.Read More
In 2021, the company increased its throughput from 3,500 tonnes per day to 4,200tpd and it anticipates being able to get to 4,500tpd via debottlenecking this year.Read More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsThe International Council on Mining and Metals (ICMM) 28 member companies are pioneering the init...Read More
There's an old episode of "The Simpsons" that begins with Homer taking the family to a grocery store. While the family is there, Homer becomes disappointed to learn that he can't afford the live lobster from the tank.At $8 per pound, the price of lobster is just too high for the Simpson household.But that's when Homer gets a bright idea...Instead of buying a full-size adult lobster, he'll purchase...Read More
TORONTO (AP) _ Kinross Gold Corp. (KGC) on Tuesday reported a first-quarter loss of...Read full newsRead More
Vancouver, British Columbia, May 09, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE/ FRANKFURT: 1A9/U.S.OTC: ASGOF) ("Asante" or theRead full newsRead More
VANCOUVER, British Columbia, May 04, 2022 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) ("Trailbreaker" or "the Company") is pleased to announce the acquisition of the Connector Gold property in the Merritt area of British Columbia (BC). The newly-staked claims are located just 500 metres north of the past-producing Brenda Cu-Mo (copper-molybdenum) mine. Highlights of the new Connector G...Read More
Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) (theRead full newsRead More
Plant&Co. Brands Ltd. (CSE:VEGN) has acquired a controlling interest in Heal Lifestyle Inc, owner of Heal Wellness restaurants.Read full newsRead More
Carbeeza (TSXV:AUTO) has closed a non-brokered private placement for aggregate gross proceeds of $2,000,000.Read full newsRead More
"Mining is a continuous sunrise sector in our economy," Ramaphosa said, as he laid out his plans to address issues with power, logistics, water access and security.Read More
Qora Capital chairman Lloyd Pengilly said the diversified miners had been "asleep at the wheel" on investing in the metals required for the energy transition.Read More
The company said the Corner Bay deposit will be the main underground mine along with the Devlin copper deposit and the former Joe Mann gold mine also providing mill feed.Read More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsQora Capital chairman Lloyd Pengilly said the diversified miners had been "asleep at the wheel" o...Read More
The company achieved consolidated production of 24,702 tonnes of copper and 53,956 ounces of gold as well as silver, zinc and molybdenum at an all-in sustaining cost of $2.54/lb.Read More