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
The offering of 18.6 million common shares, announced on March 17, was done at a price of US$13.45 per share. Read More
(IDEX Online) - Prices kept rising overall during March, but there were more price drops among both rounds and fancies than we have seen of late.Rounds Price increases again dominated for most sizes, although there were more drops than in recent months. Among 1.50-cts-4.99-cts most goods K+ and SI3+ saw prices rise. There were price rises in 1.00-cts-1.24-cts among J+ and SI1+, but a sm...Read More
US mining firms, especially those developing lithium projects which will be used in the move to electric vehicles, welcomed the news.Read More
Torex Gold Resources (TXG.TO) has released an updated technical report for the Morelos gold complex in Mexico, including an integrated life of mine plan and economics for the El Lim??n Guajes mine and the Media Luna project.The company outlined the Morelos complex's net present value at US$458 million with a 16.1% internal tax return, based on a 5% discount rate.Annual sales were estimated at 374,...Read More
Mining companies and analysts have described U.S. President Joe Biden's decision to authorize the Defense Production Act to increase battery metals production and reduce the country's reliance on China and Russia as an "urgent" move that provides "further proof" of the minerals' growing importance in the geopolitical arena. The act gives the president authority to prioritize the production of sp...Read More
Shares of Nevada Copper (TSX: NCU) traded at their lowest value this year after the company revealed in its annual report that the ramp-up of its Pumpkin Hollow underground copper mine in Nevada continued to struggle in the first quarter of 2022. The company said it had lost a scoop due to a stope's sidewall failure in its underground mine earlier this year. "As a result, the company was not abl...Read More
Teck Resources (TSX: TECK.A | TECK.B) (NYSE: TECK), Canada's largest diversified miner, is facing eight charges filed by Chile's environmental regulator SMA, which claims the miner failed to comply with measures to avoid impacts on vegetation and animals at its Quebrada Blanca copper mine.The agency said audits carried out in 2019, 2020 and 2021 at the operation, located in Chile's northern Ta...Read More
Rio Tinto (ASX, LON: RIO) might have the licence for its $2.4 billion lithium project in Serbia reinstated should the country's pro-mining president, Aleksandar Vu??i??, and his ruling Serbian Progressive Party (SNS) win the elections this weekend, analysts say.The country heads to the polls on Sunday to vote for both president and parliament, with opinion surveys showing that Vu??i?? is likely to...Read More
U.S. and China-based researchers have developed a 3D, interconnected, thermally-conductive boron nitride network that greatly improves thermal conductivity in lithium-ion batteries.In a paper published in the journal Green Energy & Environment, scientists explain that although electric cars travel longer distances with shorter battery charging times, the lifespan of those batteries has also decrea...Read More
The resource is based on 127 drill holes for 54,893m, with the company stating that it is a large low-grade deposit, with a smaller high-grade core which lends itself to conventional large-scale open pit mining. The resource does not include the Merlin zone, 2km south of Central-Silicon, and on the same structural trend.The company said it evaluated three broad flowsheets in a conceptual study to...Read More
While the U.S. sits comfortably distant from any potential foes, a startling new set of numbers was just released by the United Nations.We are now seeing the most armed conflicts across the globe since the end of World War II.In many ways, it marks the end of an era.Pax Americana has long been used to describe the relative peace we've seen over the last fifty years.Many terrible wars were fought,...Read More
Two years ago, I was in a debate about a crazy idea being floated around at the time. It was about a new kind of tax, not on income but on wealth. There was already something legally sketchy about the idea.It is pure punishment for increased value of assets even if they were never converted into income.How can it possibly make sense that you should pay taxes on the market value of something that i...Read More
Phase One, 3 of 15-hole Drill Program, is focused on determining the relationship to High Li Zone on the adjacent Jindalee PropertyExploration team is optimistic, as the third hole drilled demonstrated as thick sequence of claystone/siltstone with minimal overburdenGeologic data from core logging is...Read full newsRead More
Usha Resources Ltd. (Read full newsRead More
VANCOUVER, BC / ACCESSWIRE / March 31, 2022 / Usha Resources Ltd. (Read full newsRead More
FPX Nickel (TSXV: FPX; OTC: FPOCF) is establishing a new subsidiary company, CO2 Lock Corp., that will pursue opportunities in large-scale, low-cost and permanent carbon [...]Read full newsRead More
Tharisa has exercised a farm-in option to invest US$27.0 million to increase its stake in Karo Holdings from 26.8% to 66.3%. The balance of the project will by held by The Leto Settlement.Read More
Share this article VANCOUVER - Megumagold Corp. [NSAU-CSE; NSAUF-OTC; 2CM2-FDSE] reported drilling a thick core intervals ranging up to 3.46 g/t gold over 23.28 metres, including samples grading up to 12.6 g/t gold over 1.35 metres, at the 100%-owned Elmtree gold project, located in New Brunswick, Canada. All seven holes were drilled into the west gabbro zone (WGZ) for a total of 707 metres. Refe...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipWest Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.The high-grade component of 156 million tonnes at 0.79% copper equivalent is within overall indicated resources of 725Mt at 0.47% copper equivalen...Read More
West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining After years of setbacks, largely thanks to a protracted approvals process, it has secured a non-binding i...Read More