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
(IDEX Online) - A company that supplies heavy equipment has been charged with health and safety breaches following the death of a worker at the Gahcho Kue diamond mine, in Canada last September.The Workers' Safety and Compensation Commission (WSCC) has filed seven charges against SMS Equipment Inc., based in Acheson, Alberta, over the death of one of its employees who was working at the mine....Read More
Yesterday's issue drew a heaping mail.In that issue we took up the McCarthy ousting.Some readers were for it for example, this reader:We have borrowed into the next generation, and then some. It's disgusting to watch somebody shopping with others’ money forever. At some point reality must check in, and weigh in on somebody's mind in D.C. For this, I do pray that somebody more enthusiastic...Read More
(IDEX Online) - Jewelry, clothes and works of art owned by Barbara Walters, the iconic US journalist, are to be auctioned by Bonhams in New York.Among the highlights is a Harry Winston diamond ring, weighing 13.84 carats (estimate: $600,000 - $900,000), which she received from Merv Adelson, the real estate developer and TV executive who was her third and fourth husband (They married and divorced t...Read More
Rinehart's Hancock Prospecting spent A$8.25 million buying shares at $2.95 each on Monday before dropping another $143.9 million yesterday on shares at $3 apiece.Read More
Emerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedMiramar Resources leveraged to exploration success SPONSOREDmiramar resourcesAccording to Buenaventura, the delay had various reasons, including administrative delays during the pandemic and regulatory changes.Read More
Emerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedMiramar Resources leveraged to exploration success SPONSOREDmiramar resourcesRockandel will continue to act as an advisor, according to a statement from Lundin.Read More
House Speaker Kevin McCarthy has fallen.Insurrection has toppled him.Yesterday... by a 216-210 vote... Congress yanked him down.Never in the history of the United States has a House Speaker endured such an unhorsing.In 1910 House Speaker Joseph Cannon withstood a similar "motion to vacate."Yet he repelled the assaults... and came out intact.Thus the "historic" coup condemns Mr. McCarthy to the bri...Read More
Panama's government and First Quantum's local subsidiary, Minera Panamá, agreed on a new contract for the copper mine in March.Read More
Emerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedMiramar Resources leveraged to exploration success SPONSOREDmiramar resourcesThe James Bay ground is adjacent to Patriot Battery Metals' plus-100 million tonne discovery, while that in Ontario is near Frontier's PAK project, said to ha...Read More
(IDEX Online) - Sarine is introducing a traceability solution for melee diamonds.The Israel-based diamond tech company is expanding its existing technology to cover the smaller stones (generally under 0.2-cts) widely used in jewelry settings."To guarantee responsible sourcing of melee and enhance consumer confidence, we specifically aim to enhance the certainty regarding the diamonds' provena...Read More
Rockandel will continue to act as an advisor, according to a statement from Lundin.Read More
According to Buenaventura, the delay had various reasons, including administrative delays during the pandemic and regulatory changes.Read More
The offtake agreement will be concluded once Rainbow and NEXUS have agreed upon the annual tonnage of gypsum to be supplied and the market-related price pa, with the option for renewal for a furtherRead More
Emerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedMiramar Resources leveraged to exploration success SPONSOREDmiramar resourcesPanama's government and First Quantum's local subsidiary, Minera Panamá, agreed on a new contract for the copper mine in March.Read More
The four or five tweaks requested do not relate to any of the economic aspects of the contract, and the contract has not been withdrawn, a source close to the matter told Mining Journal.Read More
Miramar Resources leveraged to exploration success SPONSOREDmiramar resourcesIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedEmerging developer to make Impact in HPA spaceSPONSOREDimpact minerals"We have completed all 78 items required to be fully permitted for construction. Various government agencies have approved 76 of those," said Simpson.Read More
Landin, a company veteran and previous COO, plans to create a solid base for the company ahead of future potential acquisition activity.Read More
The deal, announced in a joint statement between parent company Anglo American and the government yesterday, provided further details to the agreement first signed in June this year.Read More
October 1 doesn't just signal the arrival of fall, the start of the spooky season, and the chase for the World Series. It's also the start of the U.S. government's fiscal year something we're grossly reminded of every time a small group of politicians attempt to shut down our government for sport. For me, that means scrutinizing our annual defense budget as it rolls through Congress.This year, t...Read More
Share this article VANCOUVER - Nevada Copper Corp. [NCU-TSX] said Tuesday has restarted processing operations at its Pumpkin Hollow underground mine in Nevada with the first ore being fed to the mill."The restart of the mill has been orchestrated through careful planning and establishing the infrastructure needed to ensure sustained process plant operations, including the building of significant s...Read More