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
(IDEX Online) - Police have released CCTV images of a suspect who placed a fake bomb in the doorway of a jewelry store, with a note demanding cash and jewelry.He prompted a full-scale alert at Sergio's Fine Jewelers, in Ellicott City, Maryland, USA.Police deployed drones, sniffer dogs, and a bomb robot before establishing for certain that the device, inside a box, was not genuine. The en...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 company has maintained it was the only qualified bidder in what it's alleged was a flawed 2015 tender proces...Read More
This week's episode features Cameco's Q3 conference call with president and CEO Tim Gitzel, who describes the fundamentals of uranium as the "best conditions ever." He also discusses how nuclear energy is essential to reducing greenhouse gases and achieving 'net zero' carbon emissions, as well as the latest developments in the company's multi-year dispute with the Canada Revenue Agency.All this an...Read More
Uranium Energy (NYSE-AM: UEC) has entered into a definitive agreement to acquire all of the outstanding shares of Uranium One Americas Inc. (U1A) for a total purchase price of US$112 million, comprising cash and the replacement of US$19 million in reclamation bonding.U1A is a subsidiary of Uranium One Inc., which is part of Russia's state atomic energy company Rosatom and the world's fourth-larg...Read More
U.S.-focused i-80 Gold (TSX: IAU; US-OTC: IAUCF) says the results of a preliminary economic assessment (PEA) for its Granite Creek asset in Nevada confirm the project offers "substantial economic opportunity." The company, which spun off from Premier Gold Mines as part of the company's acquisition by Equinox Gold (TSX: EQX; NYSE: EQX) , began underground test mining at Granite Creek in Sept...Read More
Asante Gold (TSXV: ASE), a pure gold exploration and development company, has updated its timeline to restart its newly added, past-producing Bibiani gold mine in Ghana.The Vancouver-based company, which completed the acquisition of Bibiani from Australia's Resolute Mining (ASX: RSG; LSE: RSG) in mid-August, expects to begin production at the asset in the third quarter of 2022.Mining contractor...Read More
Australia's Newcrest Mining (TSX: NCM; ASX: NCM) has entered into an agreement to acquire all of the outstanding common shares of Canada's Pretium Resources (TSX: PVG, NYSE: PVG) it does not already own in a deal that values the Canadian miner at $3.5 billion.Pretium is the owner of the Brucejack underground gold mine in the highly prospective Golden Triangle region of northwestern British Columbi...Read More
Thirteen Republican congressmen crossed the aisle late Friday night to help pass a $1.2 trillion infrastructure bill. The original proposal was $2.3 trillion, so some Republicans consider it a victory.But it creates programs that will likely remain in place once the bill's spending authorization expires in five years. Like Ronald Reagan said, "Nothing lasts longer than a temporary government progr...Read More
SUBSCRIBE IF TRUMP IS THE BEST PRESIDENT!!EXCLUSIVE MERCH:https://united-stars-and-stripes.creator-spring.comFollow me on Instagram & Twitter @steeghzFollow ...Read full newsRead More
Recent Drilling Increases Limits of High Grade Zone at Depth SatoRead full newsRead More
Tin remains the superstar of the London Metal Exchange (LME) industrial metals pack.Read full newsRead More
Iron ore futures languished on Monday, as benchmark prices collapsed under $100 a tonne due to weak Chinese demand and swelling portside inventory of the steelmaking raw material, but the country's upbeat October exports data lent some support.Read full newsRead More
China's daily coal output hit 11.93 million tonnes last week, a multi-year high as more capacity returned to operation, the state planner said in a statement on Monday, as Beijing tries to fill a supply shortage ahead of winter.Read full newsRead More
BHP has reached a deal to divest up to $1.35bn from two coal mines in Australia, as the world's biggest miner continues its retreat from fossil fuels. The company is selling its 80 per cent interest in BHP Mitsui Coal, which operates the South Walker Creek and Poitrel coking coal mines in Queensland, to Stanmore [...]Read full newsRead More
The Board of Titan Minerals Limited (ASX: TTM) (Titan or the Company) is pleased to present the following update on surface exploration at its Linderos Project in Southern Ecuador. The focus of these programs has been the two main prospects currently known to exist at Linderos being the Mesta Gold P...Read full newsRead More
The S&P 500 reached a new high, closing up 0.09% to 4,701.7."With the Bipartisan Infrastructure Deal and the Build Back Better Agenda, 50 years from now, people will look back and say this was the moment when America decided to win the competition of the 21st century," US president Joe Biden tweeted a short while ago.China posted a record monthly trade surplus in October, as exports rose for t...Read More
"While prices may moderate through 2022 as pandemic supply issues ease, building demand — due to factors including the growth of the electric vehicle sector and the energy transition —Read More
Share this article VANCOUVER - Cerro de Pasco Resources Inc. [CDPR-CSE; GPPRF-OTC; N8HP-FSE] has entered into a share purchase agreement to acquire Trevali Mining Corp.'s TV-TSX: TREVF-OTCQX; 4T1-FSE] Santander Mine about 215 km northeast of Lima, Peru. The mine comprises an underground mine, a 2,000-tonne-per-day processing mill, a conventional sulphide flotation mill and associated infrastruc...Read 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 miningThe company returned an interval of 55.66m grading 3.08 grams per tonne gold in the Jubilee Shear Zone including...Read 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 miningHighlights included 81.6m grading 0.56% copper equivalent including 42.9m grading 0.78% and 14.8m grading 1.02%,...Read More