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
Antipa demonstrates high CalibreSPONSOREDantipa mineralsGreat Panther Mining's Record Exploration Program Begins to Bear FruitSPONSOREDgreat pantherOzAurum drills in home of goldSPONSOREDozaurum resourcesFirefly shines as new era loomsSPONSOREDfirefly resourcesHeld online in 2020 for obvious reasons, LME Week will feature a much-needed physical element this year, with the LME Metals Seminar ta...Read More
Following Canada's first National Day of Truth and Reconciliation on September 30, I'd like to share my thoughts on residential schools, education, and healing.Over the last few months, as the bodies of hundreds of children have been discovered near residential schools in western Canada and I'm sure more will be discovered as other school lands are surveyed, I have had a number of inquiries from w...Read More
Senate Minority Leader Mitchell McConnell has "blinked."This we learn from exultant Sen. Christopher Coons, Delaware Democrat:Mitch McConnell blinked and it allows us to spend from here until November focused on finalizing the Build Back Better plan… So I think that’s progress.We are certain he does. He likely believes his party has taken the Senate minority leader for a lovely sleigh...Read More
Mako Gold Limited (Read full newsRead More
Cross River Ventures Corp. is pleased to update shareholders on tRead full newsRead More
Bam Bam Resources Corp. is pleased to announce that the 2021 ReveRead full newsRead More
BMO Capital Markets commodities analyst Colin Hamilton said September 17 that 2021 was "likely to be the second-largest year in history for absolute demand growth".Read More
Share this article VANCOUVER - Wedgemount Resources Corp. [WDGY-CSE] reported assay results from its Phase 1 exploration program on the 29,000-hectare Cookie copper-gold property located in the prolific southern Toodoggone copper belt of north-central British Columbia.Up to 14.8% copper and 88 g/t silver was sampled in mineralized veins in the Overstall zone located in the northwest portion of th...Read More
(IDEX Online) - Zimbabwe's former defense secretary set up an offshore shell company in the Seychelles to trade diamonds, according to reports on the Pandora Papers data leak.Martin Rushwaya, who now serves as deputy chief secretary to President Emmerson Mnangagwa (pictured), is reported to to have set up Greatgem Corp. in 2010.It was at around the time the Zimbabwe Defence Forces partnered w...Read More
(IDEX Online) - Diamond billionaire Beny Steinmetz, and Purvi Modi - sister of fugitive Indian jeweler Nirav - are among those named in the Pandora Papers, a huge leak of data detailing offshore tax havens.The International Consortium of Investigative Journalists (ICIJ) released what it describes as an "offshore data tsunami" exposing a wealthy elite who use tax and secrecy havens to buy property,...Read More
(IDEX Online) - De Beers is reportedly searching for marine diamonds off the coast of Greenland.The mining giant commissioned an eight-day survey of around 800 kilometers of seabed, according to a Reuters' news report.A preliminary survey of the topography, at a depth of 50 to 200 meters, was conducted by the Geological Survey of Denmark and Greenland (GEUS), and it will take months to analyz...Read More
Antipa demonstrates high CalibreSPONSOREDantipa mineralsGreat Panther Mining's Record Exploration Program Begins to Bear FruitSPONSOREDgreat pantherOzAurum drills in home of goldSPONSOREDozaurum resourcesFirefly shines as new era loomsSPONSOREDfirefly resourcesMarvel currently holds 51% in the project, with Altus Strategies, an AIM-listed royalty company, holding the remaining 49% The indicate...Read More
Highlights from the recent 8,000m drill programme included hole MJ-39 at the new Majadeles zone, which intersected 18.2m of mineralisation, including 12.2m with grades of 1.21% Cu, 4.91% Zn, 2.Read More
In its traditional pre-LME week metals outlook, WoodMac said the price of the red metal would cool "as the legacy of the last period of high prices back in 2017, which led to a high volume of projectsRead More
Canada Nickel (TSXV: CNC; US-OTC: CNIKF) has released the results of testing done on samples from its 100%-owned flagship Crawford nickel-cobalt sulphide project in Ontario, about 40 km north of Timmins.The company says that metallurgical improvements at the project will deliver increased recoveries of nickel, iron and cobalt, as well as enhanced magnetite concentrate quality. These are improvemen...Read More
Western Copper and Gold (TSX: WRN; NYSE: WRN) completed its 2021 exploration and drilling program and is moving forward with the feasibility study at its 100%-owned Casino copper-gold project in the Yukon, 300 km northwest of Whitehorse.Western Copper, through its Casino Mining subsidiary, has been conducting baseline environmental and geotechnical as well as social and economic studies since 2008...Read More
Mining magnate Robert Friedland is looking to make another potentially massive base metals discovery about 80 kilometres south of his famous Voisey's Bay find from 1993.His privately held US-based firm Ivanhoe Electric Inc. (IVNE) has put up funding to conduct a low-temperature superconducting quantum interference device (SQUID) moving loop transient electromagnetic survey on the South Voisey's Ba...Read More
The 2021 United Nations Climate Change Conference of the Parties, also known as COP26, will be held in Glasgow between October 31 and November 12, and the mining industry could learn from a famous military speech that was delivered by an Englishman ahead of perhaps the single most important battle of World War II.Soldiers have always known that it easier to defend than attack, and in medieval comb...Read More
Australia's Evolution Mining (ASX: EVN) is selling its Mt. Carlton gold mine in Queensland to Navarre Minerals (ASX: NML) in a deal worth up to A$90 million (US$65 million).The gold mine, 150 km south of Townsville, was Evolution's first development project, and was commissioned in 2013. Since then it has generated an average return of 19% a year, the company says.The mine represents about 1.5% of...Read More
Gold Resource (NYSE-AM: GORO) has inked a deal to acquire Aquila Resources (TSX: AQA) in a US$30.9 million transaction that will create a mid-size North American precious and base metals producer. The Colorado-based miner is buying all of Aquila's shares for 0.0399 of a GORO share per Aquila share. The exchange ratio represents a consideration of US$0.09 per Aquila share or US$30.9 million, refle...Read More