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 latest retail and restaurant news from columnist Mary ShownRead full newsRead More
Harmony Gold Mining Company Limited (NYSE:HMY) has a beta value of 1.10 and has seen 7.09 million shares traded in the last trading session. The company, currently valued at $2.17B, closed the last trade at $3.60 per share which meant it lost -$0.04 on the day or -1.10% during that session. The HMYRead full newsRead More
Nov. 9-A big South Carolina gold mine with a recent history of environmental violations has been fined again for breaking the rules, this time over discharges of two toxic materials near the small town of Kershaw in rural Lancaster County. The Haile Gold Mine, owned by the international corporation OceanaGold, recently paid a $12,600 penalty after the state's environmental agency cited the ......Read More
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES VANCOUVER, British Columbia, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) ("Asante" or theRead full newsRead More
First gold production from the lower mine is expected towards the end of 2023.Read More
Kinross said in its September quarter results the mill was ramping up and was expected to reach pre-fire throughput levels in December, with Q4 production from the asset forecast at 15,000 goldRead More
New life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldPolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningAt the COP26 conference in Glasgow, in the past week, Australian prime minister Scott Morrison outlined a techno...Read More
(IDEX Online) - Tributes have been paid Helene Fortunoff, who built a houseware business into a multi-million dollar jewelry empire. She has died aged 88.She established the fine jewelry division of Fortunoff in 1957 with her first husband Alan Fortunoff, building up a network of stores with flagship on Fifth Avenue. She was highly respected as leader in jewelry merchandising and design.She...Read More
(IDEX Online) - A 1957 Omega watch shattered all expectations when it sold for $3.4m - 30 times its high estimate.The stainless steel Speedmaster Broad Arrow Ref. 2915-1 (pictured) with chocolate brown "tropical" dial became the most expensive Omega ever sold at auction.It broke a record set Elvis Presley's Tiffany-signed Omega, a gift from RCA Records in 1960, which sold for $1.8 milli...Read More
(IDEX Online) - A Cartier aquamarine and diamond brooch that belonged to Princess Margaret is expected to sell for $54,000 to $68,000 at auction.Queen Elizabeth's younger sister received it as 17th birthday gift from her mother, ahead of her first foreign trip, to South Africa.The Art Deco-style oval hoop is set with circular-cut aquamarines, each shoulder with hexagonal-cut aquamarine highli...Read More
PolarX finds extra copper potential in AlaskaSPONSOREDpolarxNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningThe CRDN commissioned an in-depth indigenous rights and knowledge study (IRKS) focusing on the Patterson Lake Ar...Read More
PolarX finds extra copper potential in AlaskaSPONSOREDpolarxNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningThe miner said Fundo Vale, its non-profit investment arm, would join the initiative with R5 million which would...Read More
PolarX finds extra copper potential in AlaskaSPONSOREDpolarxNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningThe pair said the alliance would deliver "a fully connected, automated, zero carbon emitting, end-to-end mining...Read More
The southwestern United States has a long history of mining and remains one of the nation's top mineral regions. The region has good infrastructure, an established regulatory and permitting regime and prospective geological terrain. Here are eight companies active in the area.BLUE MOON METALSExamining drill core at the Blue Moon zinc-silver project. Credit: Blue Moon Metals.Blue Moon Metals (TSXV:...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has extended the deadline for Noront Resources' (TSXV: NOT) investors to accept or refuse its bid from November 16 to the end of the month, as talks with rival Wyloo Metals regarding the imminent takeover of the Canadian miner progress."BHP and Wyloo Metals have continued their conversations and are considering a mutually beneficial arrangement regarding the acq...Read More
Wallbridge Mining (TSX: WM) has released a first resource estimate for its flagship Fenelon gold project and an updated resource estimate for its Martiniere project, both located in the Detour-Fenelon gold trend in northern Abitibi, Quebec.Wallbridge's president and CEO, Marz Kord, says the estimates demonstrate that Fenelon continues to grow from a small, high-grade deposit into a potential multi...Read More
First Cobalt (TSXV: FCC; US-OTC: FTSSF) wants to increase the design capacity of its hydrometallurgical cobalt refinery in Cobalt, Ontario, to 6,500 tonnes of cobalt annually from 5,000 tonnes. The decision was made due to a strong demand for battery-grade cobalt and client feedback.The company has also announced a name change to Electra Battery Materials - pending shareholder approval - reflectin...Read More
I'm just going to straight-up say it. The Biden administration has nothing to offer. It is writing its own obituary not even a year in.That isn't a political indictment. It's a functional one. Sure, politics can provide momentum, but it's starting from a baseline deficit that has been building for years, if not decades.Energy prices spiraling upwards, inflation at three-decade highs, policies that...Read More
Sponsor Content. The old axiom that the most important aspect of real estate is location can also hold true for miners. If you're sandwiched between two large mines, one of them with more than four million ounces of gold in the ground, in a jurisdiction that is experiencing a gold rush, then chances are you've got a good shot of finding a healthy haul of the yellow metal. Add billionaire...Read More
BILLINGS, Mont. (AP) - Montana tribes and conservation groups sued state environmental regulators Wednesday after Gov. Greg Gianforte's administration dropped a legal claim against a mining executive over decades of pollution from several mines. The lawsuit was filed in state district court in Lewis and Clark County by attorneys for the Confederated Salish and Kootenai Tribes, the Fort Belknap...Read More