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
You go to YouTube and click on a video. A new page loads and one of those unskippable ads plays.The ad is a clamor of flashy animations and thundering pop music featuring Ariana Grande, who wants to tell you about an incredible new cryptocurrency she just learned about.Are you interested in owning that cryptocurrency yourself?I'll give you a moment to think.The only thing you know about this crypt...Read More
"Mundus vult decipi, ergo decipiatur" - the world wants to be deceived, so let it be deceived.This wisdom of the ancient world is the wisdom of the modern world. And we suspect greatly it will be the wisdom of the future world.That is, the world wishes to be eternally and infinitely deceived.Why else - sisters, brothers, countrymen - do people attend magic shows... solicit psychics... read Paul Kr...Read More
Man alone is the thinking animal of Earth, the sky-scraping summit of all its fauna, its high king.This unlikely creature splits the atom in two. He sends disinformation ricocheting around the world in fractions of seconds. He catapults himself into space.Through his astounding astronomical binoculars he lays his eyes on the remotest precincts of this universe, billions of years distant.Of these f...Read More
TRU Precious Metals Corp. reports an approximately 5,000m diamond drill program is underway at its flagship Golden Rose Project, Central Newfoundland Gold Belt.Read full newsRead More
LME is a physically settled exchange and Marex's Al Munro said regardless of any demand concerns around power distribution curbs on downstream sectors, "in the here and now production declines have a greater effect"."LME on warrant stocks might have built 7kt this morning but that follows Friday's drop to levels not seen since 1974," he said yesterday.Cash copper diverged more than $1,000/t from f...Read More
Vale, one of the world's biggest nickel producers, believes the renewed order to suspend the operation is "unfounded".Brazil's environmental regulator had suspended Onca Puma's operating licence earlier this month due to alleged non-compliance but Vale was able to restart the mine within a week after a court reinstated the licence.However yesterday, Vale said the Judge of the Court of Justice of t...Read More
For despite Base operationally doing well, paying big dividends and it being, as one analyst put it during a question on a Base conference call today, "a pretty amazing mineral sands market at theRead More
Share this article VANCOUVER - Cornerstone Capital Resources Inc. [CGP-TSXV; CTNXF-OTC; GWN-Berlin, FSE] provided an independently verified update regarding a mineral resource estimate (MRE) for its Tandayama-America (TAM) porphyry copper-gold deposit located 3 km north of the Alpala deposit at its Cascabel copper-gold porphyry joint venture project in northern Ecuador in which Cornerstone has a...Read More
Share this article TORONTO - Maritime Resources Corp. [MAE-TSXV] reported drill results and an update from its continuing 40,000-metre exploration program. The results reported are from drilling at the Hammerdown gold project in the Baie Verte mining district of Newfoundland and Labrador, which includes the Hammerdown and Orion gold deposits.Exploration activities are continuing with two diamond...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 resourcesThe gap area is previously untested and Maritime believes it has the potential to ex...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 resourcesThe first two widely-spaced holes at Van, which is 6km north of the company's Baptis...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 mineralsTAM hosts an indicated resource of 233 million tonnes grading 0.33% copper equivalent containing 530,000t copper and 1.2 million ounc...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 resourcesHochschild announced on October 19 that the Aclara business would be listed in Toron...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 resources For despite Base operationally doing well, paying big dividends and it being, as on...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 miningLME is a physically settled exchange and Marex's Al Munro said regardless of any demand concerns around power d...Read More
(IDEX Online) - A British jeweler breached advertising codes by failing to distinguish between lab grown diamonds and non-diamond simulants.Online retailer Ethica Diamonds, based in Cornwall, south-west England, sold lab growns from Diamond Foundry, together with an artificial, non-diamond product under the same banner. But it did make it sufficiently clear to customers which they were beingThe Ad...Read More
(IDEX Online) - Angola is to host its first International Diamond Conference next month, in a bid to attract foreign interest and investment.The country is ranked sixth in the world for diamond production, but 60 per cent of its diamond-rich territory remains unexplored.It has only recently offered its stocks beyond eight "preferential customers" and is about to open its own bourse.The conference...Read More
(IDEX Online) - Gem Diamonds recovered two huge diamonds - 245-carat and 102-carat - on the same day from its Letseng mine, in Lesotho.The London-based miner said both stones were high-quality Type II, and were recovered on Friday (15 October).Earlier this year Gem, which owns 70 per cent of the mine, found a couple of even bigger stones - 370-carat and 254-carat - within six days. They were...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 resourcesIron ore production was down 3% quarter-on-quarter and 4% year-on-year to 63.3 milli...Read More
FPX Nickel (TSXV: FPX) says it has made a significant new nickel discovery with the first two holes it drilled at the Van target at its Decar project, 90 km northwest of Fort St. James in British Columbia.Drilling intersected some of the highest grade, near-surface nickel mineralization ever drilled at the Decar project, the company says.The first hole intersected 101 metres grading 0.21% total ni...Read More