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
Already listed in Toronto, Gensource announced on October 25 that it would tap the AIM in London, to proceed with its Tugaske project in Saskatchewan, Canada.Read More
Share this article VANCOUVER - Northwest Copper Corp. [NWST-TSXV; NWCCF-OTCQX] reports drill hole K-21-217 has returned the highest-grade copper-gold interval ever intersected at the Kwanika project that is easily accessible by road from the town of Fort St. James, British Columbia. The interval consists of massive to semi-massive copper and gold mineralization at moderate depth in the western ha...Read More
The feasibility covers the first 20 years of production from a conventional evaporation pond operation and concentrated brine purification and precipitation process to produce lithium carbonate.Read More
PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperThe company said continuous gold, silver, copper and molybdenum mineralisation was intersected from surface and over the full core...Read More
The interval consists of massive to semi-massive copper and gold mineralisation at moderate depth in the western half of the deposit, which expands the high-grade portion of the deposit, introducing aRead More
PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperA joint statement on October 27 said the two JSE-listed companies "are in discussions relating to a non-binding indicative proposal...Read More
PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperAlready listed in Toronto, Gensource announced on October 25 that it would tap the AIM in London, to proceed with its Tugaske proje...Read More
Look beyond market approach to project valuations: van ZylLeadershipPolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningThe index closed up 0.18% to 4,574.79.Meanwhile a bearish outlook weighed on base metals on the London Metal Exchange,...Read More
PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperPrivately-held Kabanga said on Wednesday the SML - the key piece of the permitting jigsaw - had been approved by the Tanzanian gove...Read More
(IDEX Online) - A US jeweler is to sell diamonds that have been sent into space.Dianna Rae Jewelry has arranged with NASA for a first-ever batch of mined and lab grown gems to be included in a mission to the International Space Station early next summer.Buyers can reserve their stones before the flight, and will receive them in pieces of jewlery or loose on their return.The diamonds will be number...Read More
(IDEX Online) - The current shortage of rough diamonds could persist for several years, Alrosa's deputy CEO warned this week."Our industry will work with limited supply," Evgeny Agureev (pictured) told the Financial Times in an interview. "There are projects, but these projects will not provide goods next year or the year after."Alrosa, the world's biggest producer of diamonds by vo...Read More
PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperThe MMP is a public-private partnership, set up in 2018 by the Department of Science and Innovation and the Minerals Council of Sou...Read More
PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperPrime minister Scott Morrison and federal minister for industry, energy and emissions reduction Angus Taylor yesterday released a "...Read More
The copper producer reported Q3 production of 209,859 tonnes, up 5% quarter-on-quarter, in line with market expectations.Read More
"The first diamond drill hole at the Terry porphyry, with over 500m of mineralisation starting directly from surface at elevated grade and ending in mineralisation, certainly gets Libero Copper off to a great start," president and CEO Ian Harris said.The hole was collared 50m from the 2020 discovery drill pad.News of the intercept followed Libero's announcement on Monday it had identified a second...Read More
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) is extending its footprint to Australia with a US$46 million acquisition of a 19.99% stake in New Century Resources (ASX: NCZ), which owns the Century tailings zinc retreatment plant in Queensland. The news comes on the heels of the South African miner's purchase earlier this week of two nickel and copper mines in Brazil from Appian Capital Advisory, in...Read More
Equinox Gold (TSX: EQX; NYSE: EQX) has begun full-scale construction at its US$1.23 billion Greenstone Gold Mines project in Ontario, Canada, which is slated to become one of the country's largest gold mines, producing more than 400,000 ounces of the metal annually for the first five years of operations. Being advanced in 60:40 joint venture with Orion Mine Finance Group, the complex is made up o...Read More
Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and its partner Salazar Resources (TSX: SRL; US-OTC: SRLZF) have released a feasibility study with updated mineral resources and a first estimate of mineral reserves for their Curipamba copper-gold project's El Domo deposit, located about 150 km northeast of the port city of Guayquil in central Ecuador.The feasibility study outlines an initial open-pit m...Read More
Australian diversified major Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has teamed up with the United States Geological Survey (USGS) to hunt for critical minerals beneath the Continental Divide near Montana's Boulder Batholith.For the first time, the USGS has partnered with a resource company to fly airborne geophysical surveys in areas of interest in 2022 as part of its Earth Mapping Resources In...Read More