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
VANCOUVER, British Columbia, April 06, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | FRANKFURT:1A9 | U.S.OTC:ASGOF) ("Asante" or the "Company") is pleased to announce that it has entered into an Exclusivity Agreement with Kinross Gold Corporation to negotiate the potential purchase of all of their interests in Ghana ("Kinross Ghana"), including its 90% interest in the Chirano Gold Mi...Read More
BOISE, Idaho (AP) - Environmental groups are renewing efforts to stop exploratory drilling by a Canadian mining company hoping to build a gold mine in Idaho west of Yellowstone NationalRead full newsRead More
Outgoing chairman Simon Thompson made the announcement at Rio's London annual general meeting on Friday.The company said the project would be developed in line with its ESG standards and would maintain capital discipline."The framework agreement recently signed with the government of Guinea and our Chinese joint venture partners sets out co-development of the port and rail infrastructure, which wi...Read More
Share this article VANCOUVER - Wolfden Resources Corp. [WLF-TSXV; WLFFF-OTC] reported exploration results from its fall exploration program at its California Lake project in New Brunswick. Drilling included nine holes in some 1,368 metres across five target areas.The objective of the program was to test new drill targets and the potential to expand a couple of known silver-gold zones. This work d...Read More
Look beyond market approach to project valuations: van ZylLeadershipLake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Outgoing chairman Simon Thompson made the announcement at Rio's London annual general meeting on Friday.The comp...Read More
In addition to itemising the extensive local support for the project, the company couched its April 5 response in president Joe Biden's invocation of the Cold War-era statute Defense Production ActRead More
PureGold's future hangs in the balance as mining issues and a lack of cash leaves the company requiring an estimated C$50 million of additional capital to stand a fighting chance ofRead More
Lake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.West Africa an improved opportunitySPONSORED"Derek is a great leader of people, and he is pivotal in his role at Trevali as he leads the early works programme for the RP2.Read More
Lake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.West Africa an improved opportunitySPONSOREDChina is the obvious competitor for the commodities Europe needs to handle the challenges caused by Russia becoming the unacceptable fac...Read More
(IDEX Online) - The Responsible Jewellery Council (RJC) has appointed vice chairman John Hall to serve as interim executive director.It follows the resignation on 29 March of Iris Van der Veken, over its failure to take a tougher stance against Alrosa, the miner that is one-third owned by the Russian government.Hall (pictured) was a founding member of London-based watchdog and worked previously as...Read More
With the energy revolution ramping up at an unprecedented pace, the search is on to find and develop the next generation of critical metals deposits feeding into the approaching wall of demand.One company making such progress is York Harbour Metals (TSXV: YORK; US-OTCPK: YORKF), which has completed more than 10,000 metres of diamond drilling at its namesake copper-zinc project in western Newfoundl...Read More
Resource-rich Western Australia has been picked the most attractive region for mining investment in 2021, replacing the U.S. state of Nevada, which fell to the third place in the latest annual survey of mining companies released by the Fraser Institute.Canada's Saskatchewan continues to be on the podium, climbing from a third place overall in 2020 to a second position in the 2021 index, which take...Read More
Sigma Lithium (NASDAQ: SGML, TSXV: SGML) has released an updated Phase 1 feasibility study for its wholly-owned Grota do Cirilo project in Minas Gerais, Brazil, host to the the largest lithium hard rock deposit in the Americas.The Phase 1 study reveals an after-tax net present value of US$1.6 billion, potentially increasing to US$1.9 billion, with an internal rate of return of 424%. The study assu...Read More
During a recent press conference, Mexican president Andr?(C)s Manuel L??pez Obrador warned that if Congress does not approve a constitutional reform on electrical matters, following a decision by the Supreme Court of Justice that granted constitutional validity to the new Law on Electrical Power, he will push for a rewrite of the country's Mining Law."In the event that the MPs that represent veste...Read More
Dear Outsider,Elon Musk's made some bold predictions over the years, most of which haven't come true.He's made a name for himself as the boy who cried wolf.In 2017, he launched Neuralink, a company that creates brain implants to help repair and reverse severe brain and spinal cord injuries. Musk predicted the brain microchips would be widely available by 2021. But the company's not even close to m...Read More
To the Editor: Modern open pit gold mining of low grade ore is one of the most polluting mining activities there is. Recent studies have documented that more than 70 to 90% of major gold mines that are near underground or surface water cause contamination of that water. Many open pit gold mines excavate 8 [...]Read full newsRead More
Environmental groups are renewing efforts to stop exploratory drilling by a Canadian mining company hoping to build a gold mine in Idaho west of Yellowstone National Park.Read full newsRead More
WHITEHORSE, Yukon, April 07, 2022 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) ("Victoria" or the "Company") produced 24,358 ounces of gold during the first quarter of 2022. Mr. John McConnell, President and CEO commented, "During the first quarter, we successfully completed a six-week winter maintenance program and resumed stacking ore on the heap leach pad. As we head into spring, stacking...Read More
Pure Gold Mining Inc. (LON:PUR - Get Rating)'s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 45.30 ($0.59) and traded as low as GBX 20 ($0.26). Pure Gold Mining shares last traded at GBX 20.75 ($0.27), with a volume of 784,791 [...]Read full newsRead More
Harmony Gold Mining Company Limited (NYSE:HMY - Get Rating)'s share price traded up 1.5% on Wednesday . The company traded as high as $4.74 and last traded at $4.74. 52,859 shares were traded during trading, a decline of 99% from the average session volume of 8,999,868 shares. The stock had previously closed at $4.67. A [...]Read full newsRead More