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
Altan Rio Minerals Limited (TSXV: AMO) (Read full newsRead More
Share this article VANCOUVER - Alliance Mining Corp. [ALM-TSXV] reported results from the fall 2021 prospecting and sampling program on its 100%-owned Red Rice Lake gold property in the Bissett-Rice Lake belt of southeastern Manitoba."We are very pleased with these initial results from the expanded Red Rice claim group," stated Alliance President Chris Anderson, "and we will have further announce...Read More
Miner Barrick Gold Corp said its share price still did not properly reflect the firm's performance despite increased dividends and a new share buy back programme.Read More
The tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld 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 The deadline for the Ukraine-based firm to publish its 2021 annual...Read More
The best example of what appears to be a significant disconnection between the gold and equities markets was the subject of a unique mid-week research note from Morgan Stanley, an investment bank.Read More
(IDEX Online) - Alrosa is to close its US office by the end of next month, in the wake of Russia's invasion of Ukraine and the subsequent sanctions on diamond imports. News of the closure comes just days after Rebecca Foerster (pictured) stood down as president of the Alrosa USA operation, citing "the geopolitical situation". The miner's New York office first opened in 2006,...Read More
Elemental will receive 50% of payable gold production in exchange for consideration of US$11 million until Rambler has delivered 10,000 ounces of gold to Elemental. At that point, Elemental will receive 35% of payable gold production for a further 5,000oz of gold. Once Rambler has delivered 15,000oz of gold, Elemental will receive 25% of payable gold production for the life of the mine.The non-bro...Read More
Barrick Gold (TSX: ABX; NYSE: Gold) is looking for fresh opportunities to expand its presence in the globe, the company's CEO Mark Bristow said in the company's annual report published today. The new frontiers include the Nubia and Arabian Shields in North Africa, the Middle East, Egypt and Pakistan. Bristow also said that he believed the company had underinvested in Canada and was looking to g...Read More
Centerra Gold (TSX: CG; NYSE: CGAU) announced Friday it has temporarily suspended gold dor?(C) bar production at the ?-ks? 1/4 t mine in Turkey, due to mercury having been detected in the gold room of the adsorption-desorption recovery (ADR) plant.Centerra said it has taken several initial actions in response, including cleaning mercury from affected areas, taking steps to mitigate and prevent exp...Read More
NioBay Metals (TSXV: NBY; US-OTC: NBYCF) has suspended exploration activities at its James Bay niobium project located in the district of Cochrane on the traditional territory of the Moose Cree First Nation (MCFN), following a survey involving residents of the northeastern Ontario community. Results of the survey "indicated an intent to preserve the South Bluff Creek area from any development," s...Read More
By the start of 1995, I'd been working as an exploration geologist for Rio Tinto in Turkey for about 18 months. I was unhappy with the terms of my employment -which were rubbish- and to top it off, Rio decided that year to "localize" a lot of expat contracts. This meant slashing salaries and generally being dicks to anyone who wasn't a full-time expat employee under an existing contract. Hence, I...Read More
The Fed surprised no one by raising rates this week.It was a given, a slam dunk.In fact, Jerome Powell really should have started tightening monetary policy last year. That's when the Fed should have begun the tapering process and started down the road to incremental rate hikes. (And if you're thinking hindsight is 20/20, just refer to what I was saying a year ago.)Nevertheless, he fell behind on...Read More
Vancouver, British Columbia / March 17, 2022 - Usha Resources Ltd. ("USHA" or the "Company") (TSXV: USHA) (OTCQB: USHAF) is pleased to announce that it has executed a drilling contract for its upcoming maiden drill program at the Lost Basin Gold-Copper Project located in Mohave County, Arizona. The Company intends on completing a reconnaissance visit by its personnel and the drilling contractor in...Read More
Southern Copper plans to import copper concentrate after protests halted operations at its Cuajone mine.Read full newsRead More
Im vergangenen Jahr ist Deutschlands Strom vor allem aus Kohle erzeugt worden. Die Einspeisung aus erneuerbaren Energien sank um 7,6 Prozent. Der Grund daf? 1/4 r: Es war weniger windig, besonders am Jahresanfang.Read full newsRead More
VANCOUVER, BC / ACCESSWIRE / March 17, 2022 / Usha Resources Ltd. (Read full newsRead More
Nutrien plans to increase potash production capability to approximately 15 million t in 2022.Read full newsRead More
Share this article VANCOUVER - York Harbour Metals Inc. [YORK-TSXV; YORKF-OTC; 5DE0-FSE] reported assay results for seven diamond drill holes at the company's York Harbour Copper-Zinc Project, Newfoundland.The Phase 2 diamond drilling program concluded on December 15, 2021, which included 29 drill holes totalling 4,562 metres. The program was undertaken to test strike and depth extensions of repo...Read More
MJ You've been serially successful in your carrer. What draws you to Gold Terra Resource and the Yellowknife project?Read More
The results were from a programme designed to delineate and expand the width of mineralized vein structures at Sullivan Gulch along strike and at depth, with the results occuring 25m to 110m below theRead More