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
B2Gold (TSX: BTO; NYSE-AM: BTG) is selling its 81% stake in the Kiaka gold project in Burkina Faso to Australia's West African Resources (ASX: WAF) for cash and shares.Kiaka is 48 km south of West African Resources' Sanbrado gold mine, which poured its first gold in March 2020. The project, about 110 km southeast of the capital of Ouagadougou, is also about 50 km south of Orezone Gold's (TSXV: ORE...Read More
Earlier this month, lawmakers in Chile filed impeachment proceedings against President Sebasti??n Pi??era after allegations surfaced in the Pandora Papers about a deal involving the Dominga iron ore project. The lawmakers claim that information contained within the Pandora Papers suggest that the president used his position to favor the project.Days earlier, prosecutors announced that they were op...Read More
Giga Metals (TSXV: GIGA; US-OTC: HNCKF) is exploring for metals critical to the lithium-ion batteries used in electric vehicles and energy storage technologies.The junior is advancing its 100%-owned Turnagain nickel and cobalt project in north-central British Columbia, about 1,350 km northwest of Vancouver.Mark Jarvis, the Canadian company's CEO, says the project is one of the most significant un...Read More
Pretium Resources (TSX: PVG; NYSE: PVG) has made a new high-grade gold discovery at the Golden Marmot zone on its Brucejack property in British Columbia, Canada, located roughly 3.5 km north of its Valley of the Kings deposit.The company received assays for the first nine drill holes, eight of which intersected gold with a highlight of 53.5 metres grading 72.5 grams gold per tonn...Read More
The coronavirus pandemic sharply altered the way we interact with media. You may think we now consume more broadcast TV, streaming content, or online news. But a funny thing happens when people lose trust in the media and get tired of seeing mass murder on the newest Netflix special.We've thankfully turned to books and other forms of media that make us feel human again, that connect us to one anot...Read More
When the U.K. voted for Brexit in June 2016, the globalists were stunned. They couldn't believe it. They then did everything they could to delay and fight Brexit.Then when Donald Trump won the election as president in November 2016, the globalists were even more stunned. They went into complete denial and put their heads in the sand. They comforted themselves with the convenient myth that Russian...Read More
(IDEX Online) - The Angolan diamond mine blamed for a toxic tailings leak that turned rivers red says the discharge did not contain any hard metals.Catoca accepts that it accidentally released sand and clay into tributaries of the River Congo in July.But it says independent tests it commissioned on water samples have since shown no evidence of toxic hard metals, according to a Reuters news report....Read More
(IDEX Online) - Thieves stole $1.2m of gems after ordering a 67-year-old New York jeweler to open the trunk of his car at gunpoint.They grabbed two bags of jewelry, ran from the scene, on 47th Street, in Borough Park, Brooklyn (between 14th and 15th Avenue), last Friday lunchtime, then drove away in a black Ford Taurus.CCTV footage from the neighborhood watch alliance Boro Park Shomrim, shows the...Read More
(IDEX Online) - Two thirds of jewelers now sell lab grown diamonds, says a survey of over 600 independent retailers across the United States and Canada.That figure is up from just 10 per cent five years ago, according to Instore, the US magazine for the jewelry industry, which commissioned the survey.More than half (56 per cent) said the best lab growns were technically as good as the best mined d...Read More
We know we’re close to the moment when Everything Solid Melts Into Air when extraordinary breakdowns are treated as ordinary and the “news” quickly reverts to gossip.So over 4 million American workers up and quit every month, month after month after month, and the reaction is ho-hum, labor shortage, blah, blah, blah, toy shortage for Christmas, oh, the horror, blah, blah, blah.Th...Read More
A Cornerstone Position in a New Gold District in the YukonRead full newsRead More
The weak operational performance was driven by COVID-related sick leave and outages at Garpenberg in Sweden and Kivitsa in Finland.Read More
Share this article VANCOUVER - Torq Resources Inc. [TORQ-TSXV; TRBMF-OTCQX; S8QA-FSE] has acquired an option to earn a 100% interest by paying US$25 million and spending US$15.5 million on exploration, subject to an NSR, on the 3,250-hectare (32.5 km2) Santa Cecilia gold-copper project, located approximately 100 km east of the city of Copiapo, northern Chile.The project is in the southern region...Read More
Share this article TORONTO - Emerita Resources Corp. [EMO-TSXV, EMOTF-OTC] shares rallied in active trading Friday after the company released drilling results from the La Infanta polymetallic deposit on its Iberia West project in Spain.The company said it has received complete assays for the first step-out hole from the Infanta drill program as well as the final in-fill drillholes. It said the in...Read More
Share this article VANCOUVER - 79 Resources Ltd. [SNR-CSE] said Friday it has closed the previously announced acquisition of Buck Gold Inc., a privately-owned Vancouver exploration company which controls approximately 1,200 square- kilometre of mineral properties near Houston, British Columbia.The mineral properties controlled by Buck gold are contiguous to area holdings of Newmont Corp., [NGT-TS...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipPolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsThe company reported a highlight of 6m grading 16.77 grams per tonne in its latest batch of results with fifteen holes completed this year t...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 copperBoth BHP and Forrest have made takeover bids for Noront Resources, helping lift the stock-market value of the company by 350% from...Read More
Anglo American and Antofagasta plc have both warned of potential threats to copper output expectations due to water shortages.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 weak operational performance was driven by COVID-related sick leave and outages at Garpenberg in Sweden and Kivitsa in Finland.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 LME said on October 19 it would change certain requirements within its lending rules, namely where large holders of metal are r...Read More