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
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 copper In the June quarter Morila produced 12,555oz, with the project on its way to becoming a 25,000-50,000oz per quarter producer start...Read More
Average copper prices in the quarter were up 37% yoy at US$4.11/lb, while unit costs fell 15% yoy to $1.24 per pound, largely thanks to higher than expected gold volumes.Read More
Research analysts at CIBC see Marathon Gold (TSX: MOZ) as a "top take-out target" due to its advanced stage Valentine gold project in central Newfoundland, and believe construction on the project could begin early next year."The key catalyst for construction to begin is the conclusion of the Environmental Assessment (EA) process," analysts Allison Carson and Sehaj Anand wrote in a research note fo...Read More
Zijin Mining, China's largest gold miner, has begun operations at its Cukaru Peki copper and gold mine in Serbia. The asset, part of the Timok project, is expected to make the Balkan country Europe's second-largest copper producer. Zijin has poured US$474 million to date into the new underground mine, which is slated to have annual capacity of 3.3 million tonnes of ore. "The first part of t...Read More
Denison Mines (TSX: DML; NYSE-AM: DNN) is selling 32.5 million common shares it holds in GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) at 48 ? per share to one of the junior explorer's larger institutional shareholders for proceeds of $15.6 million.Denison currently owns 65.14 million GoviEx shares or about 12.07% of the company's shares outstanding.Under the private sales agreement with the unnamed i...Read More
In the June quarter Morila produced 12,555oz, with the project on its way to becoming a 25,000-50,000oz per quarter producer starting next year.Read More
You know my stance on inflation by this point. I've been on this tip for almost two years now. When the government said it didn't exist, I said it did. When the Fed said it was transitory, I said it wasn't. But now, more and more analysts and investors are coming over to my side. The latest: Paul Tudor Jones, the billionaire hedge fund manager who predicted and profited from the 1987 stock ma...Read More
Here is reader Jason M., in response to yesterday's Reckoning:Today's article really got my blood boiling. This Micheline Maynard is the epitome of what's wrong with the elites and our federal government today. We are in this mess because the elites shut the economy down for a virus that has a 99.8% survival rate. Shelves are going bare because the government has pursued policies that destroyed ou...Read More
FPX Nickel (TSXV:FPX; OTC:FPOCF) CEO Martin Turenne shares regarding the confirmation of a significant new nickel discovery from the maiden drilling program ...Read full newsRead More
Black Cat Syndicate Limited (Read full newsRead More
The family office for Nicky Oppenheimer and his son Jonathan has set up an outpost in Singapore to boost its Asia exposure and partner with the region's wealthy, Bloomberg said.The move comes as local media reported the city-state was stepping up its bid to be the premier family office hub in the region.The Oppenheimer family founded Anglo American and sold its 40% stake in De Beers to Anglo in 20...Read More
This includes 2.6 million ounces a year of silver production.Read More
Some 64% of the resource is now in the indicated category, with indicated resources increasing more than 100% to 28.2Mt grading 1.11% Li2O.Read More
3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesThis includes 2.6 million ounces a year of silver production.Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadership3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsSullivan Gulch mineralisation has been delineated over a strike length of 1,000m with a width of 200m and a depth of 350m.Read More
Look beyond market approach to project valuations: van ZylLeadership3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningThe family office for Nicky Oppenheimer and his son Jonathan has set up an outpost in Singapore to boost its As...Read More
Look beyond market approach to project valuations: van ZylLeadership3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningVale this week cut its 2021 nickel outlook from an estimated 200,000t to 165,000-170,000t, due in part to the e...Read More
Production from Shanta gold's only producing asset, New Luika in Tanzania, was essentially flat in the third quarter at 14,194 ounces, compared to 14,201oz in the previous quarter, as an improved rateRead More
3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesThe 18th annual Resources Rising Stars investment conference was held behind barrica...Read More
(IDEX Online) - Tiffany & Co's new brand ambassadors, Beyonce and Jay-Z star in ad campaign for the jeweler, inspired by the classic 1961 movie Breakfast at Tiffany's.Date Night shows Beyonce, 40, and Jay-Z , 51, snuggling up as they're driven through New York city in the back of a Rolls-Royce, stopping for pizza and champagne.The two-minute playfully romantic video, partly shot...Read More