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
Mining Journal Americas editor Paul Harris speaks with Western Copper and Gold president and chief executive Paul West-Sells about the company's plans to develop the massive Casino copper and gold asset, which returned a $2.3 billion after-tax NPV (8% discount) over a base-case 25-year life within a PEA published last month (August).Western Copper and Gold is solely focused on developing the world...Read More
Mining Journal's Tom Hoskyns speaks with Granite Creek Copper President and CEO Tim Johnson about the latest update on their project in the Minto Copper Belt and the 24 months change from early-stage copper play to a resource stage company.In November 2020, Granite Creek Copper completed its acquisition of Copper North Mining Corp, combining its Stu Cu-Au Project with the PEA-stage Carmacks Cu-Au-...Read More
Mining Journal's Tom Hoskyns speaks with Granite Creek Copper President and CEO Tim Johnson about the latest update on their project in the Minto Copper Belt and the 24 months change from early-stage copper play to a resource stage company.In November 2020, Granite Creek Copper completed its acquisition of Copper North Mining Corp, combining its Stu Cu-Au Project with the PEA-stage Carmacks Cu-Au-...Read More
The European Commission has proposed exempting private jets and cargo flights from the planned EU jet fuel tax. A draft indicates that the tax would be phased-in for passenger flights, including ones that carry cargo.Read full newsRead More
(IDEX Online) - Income tax officials investigating a leading diamond manufacturer and exporter in India say they've discovered almost $22m of undisclosed income.It follows a series of searches at 23 premises in Surat, Navsari, Morbi and Wankaner in Gujarat and Mumbai in Maharashtra. The Income Tax Department has not named the company involved.Documents pertaining to unaccounted purchases and...Read More
(IDEX Online) - Five men who bought diamonds stolen in a series of violent robberies across the USA have been jailed, and ordered to pay over $7m in restitution. They fenced the gems and laundered money for a notorious organized gang known as the South American Theft and Robbery Group (SATG).Its members preyed on traveling jewelry salesman. They held one at gunpoint before beating him to deat...Read More
(IDEX Online) - Reforms introduced by India's government could help it reach a target of $43.75 bn exports for this fiscal year.Anupriya Patel, Minister of State for Commerce and Industry, said the industry would benefit from revamped gold monetization, and a reduction in import duty on gold and hallmarking.She said total gem and jewelry exports for the first qua...Read More
Time, the saying goes, is nature's way of making sure that everything doesn't happen at once. So now, maybe, we're at the event horizon where nature is suspended because everything seems to be happening at once.The weeks ahead could determine whether we are a coherent society that can function on the basis of a firm consensual reality or just a collection of battling narratives designed to conceal...Read More
Comstock Mining Inc. (AMEX:LODE) shares, rose in value on Thursday, September 23, with the stock price up by 3.17% to the previous day's close as strong demand from buyers drove the stock to $2.93. Actively observing the price movement in the last trading, the stock closed the session at $2.84, faRead full newsRead More
New mining projects are being re-branded clean, green and vital to climate action across Europe. The reality is very different.Read full newsRead More
Stockhead's 'Garimpeiro' columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. The program is sponsored by emerging company specialist RM Corporate Finance. In this episode, Barry chats to Mark Cossom, Managing Director at Gateway Mining (ASX:GML) Gateway Mining is a mineral exploration company targeting large-scale gold deposits at its Gidgee Gold [.....Read More
Data shows that large cap gold miners are undervalued relative to historic levels, despite their strong fundamentals.Read full newsRead More
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New mining projects are being re-branded clean, green and vital to climate action across Europe. The reality is very different.Read full newsRead More
By Jaime Llinares Taboada Condor Gold PLC on Friday reported drill results for the Mestiza open pit of its La India gold project in Nicaragua. The mining...Read full newsRead More
Stockhead's 'Garimpeiro' columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. The program is sponsored by emerging company specialist RM Corporate Finance. In this episode, Barry chats to Mark Cossom, Managing Director at Gateway Mining (ASX:GML) Gateway Mining is a mineral exploration company targeting large-scale gold deposits at its Gidgee Gold [.....Read More
Data shows that large cap gold miners are undervalued relative to historic levels, despite their strong fundamentals.Read full newsRead More
TheRead full newsRead More
Stockhead's 'Garimpeiro' columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. The program is sponsored by emerging company specialist RM Corporate Finance. In this episode, Barry chats to Mark Cossom, Managing Director at Gateway Mining (ASX:GML) Gateway Mining is a mineral exploration company targeting large-scale gold deposits at its Gidgee Gold [.....Read More
TheRead full newsRead More