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) - Diamond buyers are prepared to pay an extra 20 per cent for the peace of mind that their purchase has a guarantee of sustainability.That's among the key findings of De Beers' eighth annual Diamond Insight Report, published today and titled Sustainability: shaping the future of the diamond sector.It found that over half (56 per cent) of consumers would pay a premium of 10...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 copperFortuna said it had applied for a 10-year extension in May.The EIA had been granted in 2009 and expired on October 23, and Fortuna...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 copperExxaro and Seriti are Eskom's two biggest coal suppliers, together accounting for about 80%.The first phase was expected to include...Read More
In a communication, the agency said that after two site visits, 174 requests for additional information and an evaluation process by its experts in hydrology, hydrogeology, geotechnical, geochemical,Read More
This week's episode features a keynote interview with George Hemingway, Partner and Head of Innovation Practice for The Stratalis Group, at the Canadian Mining Journal's Reimagine Mining Symposium. George discusses how the mining industry is still a target for ESG advocates, as well as the challenges it faces in recruiting and keeping new talent. He also reemphasizes his core message of trust as a...Read More
South Africa's Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) is buying two nickel and copper miners in Brazil from private equity firm Appian Capital in a US$1 billion deal that boosts the company's growing battery materials portfolio. The acquisition of Atlantic Nickel and Minera????o Vale Verde from Appian is Sibanye-Stillwater's fourth battery metal investment this year, and follows the purcha...Read More
Canada Nickel (TSXV: CNC; US-OTC: CNIKF) has discovered a high-grade core in the East zone through infill drilling at the Crawford nickel-cobalt project 40 km north of Timmins in Ontario. The junior says the mineralization is similar to that in the Main zone."The most recent infill and expansion drilling at the Crawford East zone continues to confirm our target of increasing the East zone resource...Read More
AngloGold Ashanti (NYSE: AU; ASX: AGG; JSE: ANG) said today that Colombia's environmental regulator or ANLA, its initials in Spanish, had shelved the permit application for its Quebradona copper-gold project. The decision was taken "following a technical, rigorous and comprehensive evaluation of the environmental impact study, of what was collected during site visits, of additional informatio...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 PEA outlines a 180,000 tonne per day open pit mining operation, producing 320 million pounds per year copper, 368,000 ounces go...Read More
Dear Outsider,It was three in the morning when I got the phone call...Now, anytime you get a phone call in the dead of night, you immediately panic. Something has to be very wrong: a car accident, a friend in jail, or maybe even an untimely death. This particular call thankfully had to do with none of these things.In this case, it was simply an overflowing toilet. I was renting my lovely home in...Read More
The success side of the Chinese economic equation is well-known. It is the world's second-largest economy after the U.S. It has experienced the highest compound annual growth rate of any economy in history over the past 30 years. Literally several hundred million people have been lifted from poverty and are now able to enjoy a reasonable standard of living even if it seems spartan from the perspec...Read More
Interview with Cole Evans, President & CEO of Enduro Metals (TSX-V:ENDR)Our previous interview: https://youtu.be/FdW6WM8Vb7EEnduro Metals holds one of the la...Read full newsRead More
Highlights: Pit-Constrained Indicated Mineral Resource Estimate of 5.0 Mt grading 2.49 g/t AuEq and Inferred Mineral Resource Estimate of 13.7 Mt grading 2.24 g/t AuEq; Out-of-Pit Inferred Mineral Resource Estimate of 1.7 Mt grading 3.06 g/t AuEq; and The last exploration drilling campaign expanded a high-grade zinc-gold zone which intersected 4.67m of 15.05% Zn, 4.37 ... Continue readingRead full...Read More
/CNW/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) (Read full newsRead More
TheNewswire - October 25 th 2021 - Opawica Explorations Inc. is pRead full newsRead More
The Cukaru Peki upper zone of the Timok copper and gold project is part of Serbia's only copper mining complex.Read full newsRead More
Mineral Resources Ltd will restart operations at the Wodgina lithium mine it owns with Albemarle Corp next year, the Australian miner said on Monday, on improving demand for the metal used in making electric vehicle (EV) batteries.Read full newsRead More
Oil prices reached multi-year highs on Monday before steadying, as tight global supply and strengthening fuel demand in the United States and beyond supported prices.Read full newsRead More
The company said the seismic event in the early hours of Thursday morning had resulted in a fall of ground at the gold mine in Gauteng province.Another man was injured during the incident, according to a local media report.Mining activity in the affected area was stopped and safety shifts had been enforced across the mine, pending a formal investigation, the company said.The latest fatalities are...Read More
Portfolio contributions in Q3 doubled quarter-on-quarter and were up by 180% year-on-year at US$23.6 million, beating estimates by analysts at Peel Hunt by 12%.Read More