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
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 mineralsPretium Resources, subject to a takeover by Newcrest Mining, reported a net profit of US$22 million on revenue...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 miningThe UK-based parent will own 37% of the new Panther, which intends to sniff out nickel, cobalt and gold across areas of...Read More
London-listed Kazatomprom said on November 12 it has signed term contracts with China National Uranium Company Limited and State Nuclear Uranium Resources Development Company.Read More
Failure to extend the San Jose environmental license will also reduce the available amount the company can draw down on its existing credit facility from $120 million to $100 million.Read More
Electricity availability in China has plummeted since mid-2021, after Beijing began limiting supplies to high emitting industries in a bid to reduce emissions.Read More
Prairie Lithium, a private lithium resource and technology developer situated in the heart of Saskatchewan's resource-rich Williston Basin, reached a milestone this week as it finished drilling the province's first dedicated lithium well, which could make the battery metal the region's third largest resource offering after potash and uranium. The Canadian junior has been using proprietary techno...Read More
Shares in Greenland Minerals (ASX: GGG) fell almost 30% on November 12 to 8.8 Australian cents as the company resumed share trading following Greenland government's decision earlier this week to ban uranium mining and exploration.The parliament decision around production of the radioactive metal effectively blocked the development of the company's vast Kvanefjeld rare earths project, one of the w...Read More
Newcrest Mining, Australia's largest gold producer, will soon become the biggest gold producer in the Canadian province of British Columbia once its $3.5 billion (US$2.8 billion) acquisition of Pretium Resources is completed over the next three or four months. The Aussie gold major already held a 4.85% stake in the Canadian miner before announcing the deal this week, and it's the second time Newcr...Read More
The company sees nickel, copper and potash as future-facing commodities.Read More
London-listed Kazatomprom said on November 12 it has signed term contracts with China National Uranium Company Limited and State Nuclear Uranium Resources Development Company.Read More
Last night I did my usual grocery run. I don't shop at stores with philosophies. I go for el cheapo places that don't have olive bars and don't play Schubert on the intercom. I just want the stuff I need at the lowest possible prices. Even I was stunned at the 40% increase in my usual bill. I thought I was buying in a minimalist way.Later I looked more carefully at what went wrong. I bought beef a...Read More
I'm not going to lie...I'm a little frustrated right now.Maybe you are, too.Because maybe, like me, you can't really afford things right now.Maybe you've felt that way for a while and worried it'd get worse, and then it did.And maybe, like me, you and your feelings were dismissed by policymakers, politicians, and talking heads.You see, I've been warning about inflation for a year and a half now, a...Read More
Candelaria Mining: Developing Quality Gold Mines in MexicoRead full newsRead More
Vancouver, BC, November 8, 2021, Big Red Mining Corp. (CSE: RED) ("Big Red" or the "Company") announces that the Company's common shares will be li...Read full newsRead More
Terror attacks on gold mining operations in Burkina Faso are becoming a regular occurrence. For VOA, reporter Henry Wilkins looks at the impact the attacks are having on the lives of survivors and what it could mean if extracting gold, the country's primary source of income, becomes too dangerous.Read full newsRead More
Cave Creek Museum is home to a fully operational stamp mill that was used to extract gold more than a century ago. The Arizona Gold Mining Experience offers a glimpse into what it was like to be an Arizona miner in 1910.Read full newsRead More
The latest retail and restaurant news from columnist Mary ShownRead full newsRead More
BILLINGS, Mont. (AP) - Montana tribes and conservation groups sued state environmental...Read full newsRead More
The suit revolves around efforts to mine for copper and silver under the Cabinet Mountains Wilderness near Libby by Hecla Mining Co. and its chief executive officer, Phillips Baker.Read full newsRead More
Cave Creek Museum is home to a fully operational stamp mill that was used to extract gold more than a century ago. The Arizona Gold Mining Experience offers a glimpse into what it was like to be an Arizona miner in 1910.Read full newsRead More