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 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
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 mineralsThe Antamina mine is one of the largest copper-zinc mines in the world and is owned by Teck Resources, BHP, Glencore and Mitsubishi Corporation.Read More
With debt levels reaching all-time highs in major developed and developing economies, and with debt-to-GDP ratios also in record territory (not including contingent liabilities such as Social Security, health care and other entitlements, which make matters worse), it seems time to consider just how nations will deal with this problem.The debt crisis may not be imminent, but it is unavoidable. When...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 mineralsIn a country where many view mines and miners with alarm, the government has jumped fair and square on the decarbonisation bandwagon.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 mineralsSeptember (the month of writing) means a return to face-to-face events (no more dialling in from the beach), and an assessment of where the market is before t...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
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
(IDEX Online) - Indian mining billionaire Harpal Randhawa, his son, and four others died when their plane crashed en route to the Murowa diamond mine, in Zimbabwe.The Cessna 206 aircraft belonged to Randhawa's RZM Murowa, a company that part-owns and operates the mine. It also produces gold and coal and refines nickel and copper.Randhawa and his 22-year-old son Amer set off from Harare on Fri...Read More
(IDEX Online) - US watch and jewelry sales suffered a seventh consecutive month of decline in August, according to the latest Department of Commerce figures.They were down 3.4 per cent, a slight recovery from 4.3 per cent in July, and 4.5 per cent in June.The global economy shows no clear signs of recovery and that's impacting consumer spending.Signet, the world's largest diamond jewelry...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 two companies announced in a release to the London Stock Exchange today that they will cooperate in producing zinc and other valuable metals to the highes...Read More
The company, which has been mining the North T open pit at Read More
Although a preliminary number, the company said it is on track to achieve full-year guidance of 475,000-515,000oz.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 resourcesBut hints of a graphite revival have emerged over the past two months as investment banks re-discover the material, which is an essential component of most ba...Read More
(IDEX Online) - The Botswana government is rethinking its proposed deal with HB Antwerp, after Canadian miner Lucara last week announced it was pulling out of a 10-year sales agreement with the company.The government said in March that it would be buying a 24 per cent stake in HB, a new venture that pledged to reinvent the diamond supply chain.But that was only an agreement in principle, and...Read More
Zara Boldt has tendered her resignation as chief financial officer and corporate secretary, and John Armstrong as vice president of technical services of the company.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 mineralsThe offtake agreement, between Neometals subsidiary Australian Titanium Pty and Jiuxing, related to Neometals Barrambie vanadiferous-titanomagnetite project i...Read More
Look beyond market approach to project valuations: van ZylLeadershipEmerging 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 resourcesHorizonte announced on Monday it made good progress in completing the final detailed engin...Read More
Horizonte announced on Monday it made good progress in completing the final detailed engineering and construction design 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 resourcesZara Boldt has tendered her resignation as chief financial officer and corporate secretary, and John Armstrong as vice president of technical services of the...Read More
(IDEX Online) - HB Antwerp today (2 October) said it had reinstated Oded Mansori as managing partner, a month after removing him over a "sharp difference in strategic vision and approaches to business".His removal was swiftly followed by Canadian miner Lucara's withdrawal from a 10-year deal to sell its specials (+10.8-cts) through HB, citing "a material breach of financial commitments"."We w...Read More