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
Zijin Mining, China's No.1 gold producer, is fine-tuning plans to boost the capacity of its Buritica gold mine in Antioquia, Colombia, to produce copper and zinc as well as gold and silver.Speaking at the CGS2021 conference in Medellin, the CEO of the local subsidiary, James Wang, said the goal was to rise throughout to 4,000 tonnes per day from the current 3,000-3,300 tonnes per day and add a flo...Read More
Canada's largest diversified miner Teck Resources (TSX: TECK.A; TSX: TECK.B; NYSE: TECK), says the unprecedented rain and flooding in British Columbia has disrupted the supply chain between west coast terminals and its BC-based operations.Two days of torrential rain across BC caused significant flooding and mudslides. They shut rail routes operated by Canadian Pacific Rail (TSX: CP) and Canadian N...Read More
The unvaccinated anywhere... evidently threaten the vaccinated everywhere.Thus reader Bruce reads us a sharp lesson in citizenship... and recalls us to our civic duties:Your diatribe against the vaccines is most unfortunate. As a concerned citizen, I participated in a Novavax Phase 3 trial of a vaccine that will probably be approved shortly. When we started, none had been approved, but I seriously...Read More
Sarama Resources Ltd. (Read full newsRead More
Gold Mountain Mining Corp. is pleased to announce assay results fRead full newsRead More
Some Chinese regions could face tight gas supplies during peak demand periods this winter, with overall supply and demand finely balanced, but coal supply will be assured, the state planner said on Tuesday.Read full newsRead More
Slumping coal prices and falling Chinese developers dampened sentiment, Marex's Anna Stablum said from the LME Desk (Singapore)."Chinese equity indices traded in negative terrain, despite better-than-expected retail sales and industrial production data," she said.Nickel closed down 1.8% and cash copper lost 1.38%.US president Joe Biden has just signed the big-spending Bipartisan Infrastructure Dea...Read More
Look beyond market approach to project valuations: van ZylLeadershipTransparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningSlumping coal prices and falling Chinese developers dampened sentiment, Marex's Anna Stablum said from the LME Desk (Sin...Read More
Evolution successfully raised A$22 million at 20c via an oversubscribed initial public offer, and the shares opened up almost 200% at 58.5c, peaking at 70c.Read More
PYX, already listed on Australia's NSX, began trading on the LSE on Monday.Read More
Share this article VANCOUVER - Evergold Corp. [EVER-TSXV; EVGUF-OTC] has released by far the highest grades of gold, silver, zinc and lead ever achieved in drilling at the GL1 Main target, located on the 100%-owned Golden Lion property in the Toodoggone epithermal district, northern British Columbia.Assay results for drill section 23-24-25, encompassing the final three holes of the program, defin...Read More
Transparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsThe 2019 preliminary economic assessment (PEA) outlined an 8,000 tonnes per day operation, but following trade...Read More
The initial indicated and inferred resource comprises 15.2 million tonnes at 1.6 grams per tonne gold for 781,000 ounces of gold, using a 0.Read More
Transparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsThe study confirmed the project was "economically compelling" even at a base case uranium price of US$35 per p...Read More
Look beyond market approach to project valuations: van ZylLeadershipTransparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningEvolution successfully raised A$22 million at 20c via an oversubscribed initial public offer, and the shares opened up a...Read More
Transparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsThe mine's inaugural operating profit was US$209.7 million, with Ivanhoe's share US$85.4 million."Today, after...Read More
Transparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsPYX, already listed on Australia's NSX, began trading on the LSE on Monday.Read More
Cuzzubbo, who will take over on December 1, previously served as chief manufacturing supply officer at explosives maker Orica, where he moved in 2015 after a 24-year career at BHP.Read More
Transparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsThe so-called "Flanks licence" will cover an area adjacent to Eurasia's current mining licence, and is intende...Read More
Transparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAnglo has emerged as a City favourite, but scratch beneath the surface and you'll discover lurking anxieties a...Read More