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
There are about 53,000 tonnes of gold reserves worldwide, according to the U.S. Geological Survey. Despite the fact that the COVID-19 pandemic disrupted global gold production during 2020, mining companies benefited from...Read full newsRead More
Harmony Gold Mining Company Limited (NYSE:HMY) shares, rose in value on Friday, January 07, with the stock price down by -1.13% to the previous day's close as strong demand from buyers drove the stock to $3.49. Actively observing the price movement in the recent trading, the stock is buoying the sRead full newsRead More
A few weeks ago, eight miners were trapped in an artisanal gold mine in Abimbo, Siaya County after the mine collapsed. While six were rescued, one succumbed and the fate of another is still unknown as rescue efforts has been left to his family and well-wishers.This is not the first time an incident of this nature has occurred. In October 2021, two fatalities and several injuries were reported at t...Read More
Tatiana Costa is the latest cast member on Discovery'sRead full newsRead More
There are about 53,000 tonnes of gold reserves worldwide, according to the U.S. Geological Survey. Despite the fact that the COVID-19 pandemic disrupted global gold production during 2020, mining companies benefited from...Read full newsRead More
VANCOUVER, British Columbia, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) ("Calibre" or the "Company") is pleased to announce that at a special meeting of shareholders held earlier today (the "Meeting"), Calibre shareholders voted overwhelmingly in favour of the resolution (the "Calibre Shareholder Resolution") approving the issuance of up to 108,199,618 common s...Read More
Adventus Mining Corporation (Read full newsRead More
TORONTO, January 10, 2022--Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (Read full newsRead More
Barrick Gold , which owns Mali's biggest gold mine complex Loulo-Gounkoto, said on Monday its mines in the country haveRead full newsRead More
VANCOUVER, BC / ACCESSWIRE / January 10, 2022 / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF)(theRead full newsRead More
There are about 53,000 tonnes of gold reserves worldwide, according to the U.S. Geological Survey. Despite the fact that the COVID-19 pandemic disrupted global gold production during 2020, mining companies benefited from...Read full newsRead More
VANCOUVER, British Columbia, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) ("Calibre" or the "Company") is pleased to announce that at a special meeting of shareholders held earlier today (the "Meeting"), Calibre shareholders voted overwhelmingly in favour of the resolution (the "Calibre Shareholder Resolution") approving the issuance of up to 108,199,618 common s...Read More
Barrick Gold , which owns Mali's biggest gold mine complex Loulo-Gounkoto, said on Monday its mines in the country haveRead full newsRead More
VANCOUVER, BC / ACCESSWIRE / January 10, 2022 / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF)(theRead full newsRead More
Drilling high-grade feeder zones to build ounces in prolific mining camp, while advancing PEA and FS on high-grade heap-leachable oxide resource in 2022Vancouver, British Columbia--(Newsfile Corp. -Read full newsRead More
There are about 53,000 tonnes of gold reserves worldwide, according to the U.S. Geological Survey. Despite the fact that the COVID-19 pandemic disrupted global gold production during 2020, mining companies benefited from...Read full newsRead More
VANCOUVER, British Columbia, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) ("Calibre" or the "Company") is pleased to announce that at a special meeting of shareholders held earlier today (the "Meeting"), Calibre shareholders voted overwhelmingly in favour of the resolution (the "Calibre Shareholder Resolution") approving the issuance of up to 108,199,618 common s...Read More
Goldplay Mining Inc. (TSXV:AUC)(OTCQB:AUCCF)(Frankfurt:9FY), (theRead full newsRead More
Frank Holmes January 2022 V2youtu.beGold didn't perform as well as some market participants hoped it would in 2021, but according to Frank Holmes, it's important to keep the larger picture in mind.Speaking to the Investing News Network, the C...Read full newsRead More
Top Stories This Week: Rick Rule's Thoughts on Gold, theRead full newsRead More