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 conflict in Eastern Europe is likely to be protracted, and energy prices will respond by rallying even higher from current levels, said Pierre Lassonde, ...Read full newsRead More
In last night's State of the Union address, Joe Biden spoke about U.S. inflation telling the nation, "Too many families are struggling to keep up with their bills. I get it. That's why my top priority is getting prices under control."But there's little Biden can actually do.The consumer price index for January rose to 7.5%. That was its highest reading since February 1982.Meanwhile, consumer spend...Read More
Share this article TORONTO - Kinross Gold Corporation (TSX:K; NYSE:KGC) today reported it is deeply concerned about the loss of life and destruction in Ukraine and wishes to express its sympathy and support for the people who are suffering because of this tragic situation.The Company announced a donation of $1,000,000 to the Canadian Red Cross Ukraine Humanitarian Crisis Appeal to assist those pe...Read More
Share this article VANCOUVER - Mountain Province Diamonds Inc. [MPVD-TSX, NYSE] has entered into a supply deal with Hong Kong Stock Exchange-listed Chow Tai Fook Jewellery Group Ltd., one of the world's largest and most respected jewellery retailers.Under the terms of the supply deal, Mountain Province will provide Chow Tai Fook with a select range of rough diamonds over a one-year, renewable ter...Read More
Mainstream Spokesman: Putin's invasion of Ukraine is a severe breach of international law and a crime against humanity. He is a ruthless thug.Advocatus Diaboli: It is true - the fellow is a ruthless thug - and plenty more. I can assure you the Boss has space set aside for him once he pays his debt to nature. He has a reservation, so to speak.Yet I would caution you Americans about invoking interna...Read More
We monitor both "conservative" and "liberal" news media. Not to learn, but to laugh - and to observe.To observe, that is, the political mind in operation...If one political mind argues "X," the opposing political mind must argue "Y." If one political mind argues "Y," the opposing political mind must argue "X"- or perhaps "Z."Yet this past week both conservative and liberal minds have dissolved int...Read More
/NOT FOR DISSEMINATION INTHE UNITED STATESOR FOR DISTRIBUTION TO U.S. WIRE SERVICES/ Bald Eagle Gold Corp., (Read full newsRead More
Share this article VANCOUVER - Victoria Gold Corp. [VGCX-TSX; VITFF-OTC] reported assay results received to date from the 2021 Dublin Gulch exploration program Lynx diamond drill holes. Lynx is a newly developing on/near-surface gold target within the Dublin Gulch Gold Camp. During the 2021 season, over 20,000 metres of diamond drilling were completed across the claim package; including 11 holes...Read More
A Preliminary Economic Assessment (PEA) is the first opportunity an exploration/development mining company can provide to the market an independent assessment of the potential economic value of the company's mineral resource. A PEA is preliminary in nature and can include inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them...Read More
First, a necessary formality: As a retired U.S. Navy officer, I'm obliged to tell you that what follows are personal opinions. I do not speak for the Navy, Department of Defense or U.S. government. Having said that, let's roll...Last week - Feb. 24, 2022 - marked the end of America's post-Cold War, so-called "unipolar" era.That is, American military hegemony is now over. Russia has reasserted its...Read More
This week's episode features Anglo American CEO Mark Cutifani in conversation with Northern Miner senior reporter Henry Lazenby at the Global Mining Symposium. Mark discusses the outlook for commodities (including diamonds and copper), how the company is addressing ESG, and what message the mining industry should broadcast about itself to the rest of the world.All this and more with host Adrian Po...Read More
Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF) (theRead full newsRead More
Aluminium prices surged to another record high on Monday after Western nations unveiled more sanctions on major producer Russia in response to its invasion of Ukraine, fuelling worries about supplies.Read full newsRead More
Dear Outsider,Three weeks ago, I went on a long hike with my hound dog.As I crossed paths with two other hikers, I overheard one of them saying, "My grandfather made all his money in stocks. I'm not sure which ones."I should have taken that as a forewarning, and I failed you, dear reader, by not mentioning it in these pages. But it's been rolling around in my mind ever since.It reminded me of the...Read More
Share this article VANCOUVER - Aurwest Resources Corp. [AWR-CSE; AURWF-OTC] reported the last of the 2021 rock sampling results for the Paradise Lake project in central Newfoundland. Highlights from the recent analytical results include recent surface samples of quartz vein material (2-3% combined pyrite/arsenopyrite) in the Twin Ponds area that returned three samples exceeding 1 g/t; including s...Read More
The Russian invasion of Ukraine enters its sixth day as talks between Russian and Ukrainian delegates took place in neighboring Belarus today.Ukraine has reportedly demanded an immediate ceasefire. There's been no formal announcement yet. Either way, the U.S. and the West have escalated the sanctions regime against Russia.Joe Biden crossed a critical red line on Saturday, and the world will never...Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherWorst affected by a wave of heavy-duty discounting of second-tier ore was the Australian company Mineral Resources which posted a pre-tax loss of A$6 million in the...Read More
Fear of a monetary response to subdue inflation has put pressure on general equity markets as the market adapts to a future higher interest rate environment,...Read full newsRead More
American Eagle Gold Corp. (TSXV: AE) (Read full newsRead More
Share this article VANCOUVER - Tarku Resources Ltd. [TKU-TSXV; TRKUF-OTCQB; 7Tk-FSE] announced that it has entered into a new agreement which provides the company with immediate 100% ownership of the Silver Strike Project, in the Tombstone area, Arizona from EXLA Resources [EXLA-OTC].On February 1, 2022, EXLA announced that it had entered into a binding agreement to purchase through a combination...Read More