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
Canada's Silver Elephant Mining (TSX: ELEF; US-OTC: SILEF) is splitting its battery metals assets into several new companies that will be spun-out to its shareholders to focus on precious metals exploration. The Vancouver-based company said its Minago nickel project in Manitoba and the Gibellini vanadium project in Nevada, and certain battery metals royalties, will become separate entities a...Read More
A few weeks ago, when the 20-year Afghanistan project first started to circle the drain, my friend, colleague, and Crow's Nest editor Jimmy Mengel asked me if I thought defense contractors would suffer as a result. It was clear from his intonation that he thought they would.I think my response caught him off guard because it was an emphatic "NO.""I'm still bullish," I told him.And I have every re...Read More
Red Pine Exploration Inc. announces results from its 2021 surfaceRead full newsRead More
Gold stocks have underperformed so far this year but the group's fundamentals remain attractive as inflationary pressures continue to build and monetary policy remains dovish. Additionally, the increase in coronavirus case counts increases the chances of more stimulus. Finally, gold tends to outperform during periods of economic and political turmoil as we seem to be going through now. Below, w...Read More
The syndicate of underwriters exercised their over-allotment option in full for the offering, which was priced at $11.39 per flow-through share.High profile investor Eric Sprott participated for about 19.9% to maintain his interest in the company, New Found said.Despite an industry-wide lag in receiving assays, the company has been reporting a series of "phenomenal" results from an ongoing 200,000...Read More
(IDEX Online) - The De Beers Group has unveiled its new strategy to connect consumers to its social purpose and engage them directly with its Building Forever mission to achieve ambitious sustainability goals by 2030. The new approach was presented at the JCK Luxury Breakfast during the keynote speech by De Beers Executive Vice Presidents Stephen Lussier and David Prager under the theme Th...Read More
(IDEX Online) - Sarine Technologies Ltd has announced that diamond retailers and wholesalers can now easily search for Sarine traced diamonds on IDEX Diamond Trading Network. Sarine, a worldwide leader in the development, manufacturing, marketing and sale of precision technology products for the evaluation, planning, processing, measurement, grading and trading of diamonds and gems, said th...Read More
(IDEX Online) - The Government of the Northwest Territories (GNWT) has approved Diamonds de Canada Ltd. as an Approved NWT Diamond Manufacturer. The agreement ensures that Diamonds de Canada has access to NWT-mined rough diamonds, and that its manufacturing activities, which include cutting and polishing, take place in the Northwest Territories, the GNWT said in a statement. The company has...Read More
Since the company raised US$45 million in debt at the end of 2019, the development has been hit with a succession of challenges, starting with the COVID-19 pandemic, which has tested companyRead More
The workers' union at BHP's Cerro Colorado has called on its members to reject a final contract offer by the company, paving the way for a strike at the small deposit, Reuters reported.It's another potential setback for the mine, after the Supreme Court ruled in favour of indigenous communities in a complaint related to water use earlier this year.Union leader Marcelo Franco said BHP had used the...Read More
The shareholders of both companies have overwhelmingly (+99%) approved the merger of Golden Predator Mining (TSXV: GPY; US-OTC: NTGSF) and Arizona Gold (TSX: AZG; US-OTC: AGAUF). Arizona will acquire all the common shares of Golden Predator as announced on June 28, 2021, subject to customary regulatory approval.Arizona also intends to change the name of the new company to Sabre Gold Mines, trading...Read More
Precipitate Gold (TSXV: PRG; OTC: PREIF) has received approval from the Toronto Stock Exchange to acquire the 123.5-sq.-km Motherlode gold project in Newfoundland's Burin Peninsula.Precipitate will issue 395,000 common shares and pay $27,000 to the vendor. Additional shares and cash payments will be made over the next four years. At the end of the period, Precipitate will own 100% of Motherlode su...Read More
Two units of Canada's Centerra Gold (TSX: CG) have filed a motion in a U.S. Bankruptcy Court seeking penalties of US$1 million a day against the Kyrgyzstan government, related to the May seizure of the Canadian company's Kumtor gold mine.The company's Kumtor Gold Company (KGC) and Kumtor Operating Company CJSC (KOC) lodged the motion in the US Bankruptcy Court for the Southern District of New York...Read More
American Lithium Corp. (TSXV: LI) has received the highest lithium extraction results to date on its Tonopah lithium claims (TLC) in Nevada, achieving 97.4% extraction using warm sulfuric acid leach.Previous metallurgical work has demonstrated that the TLC claystones are amenable to rapid lithium extraction using warm sulfuric acid leaching, reaching 92% lithium extraction in 10 minutes. In additi...Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDSpeaking last week, White Rock chief executive Matthew Gill invited investors to take a look at a recent independent expert report to validate his asse...Read More
Hello Outsiders,Do you get drunk?Sometimes, all the time, none of the time? It's fine...Until it isn't.If you do - and I'm guilty as charged - I would recommend that you don't invest while doing so. I actually have been quite successful doing so somehow. But I've also made some seriously bad decisions...I once got drunk and bought too many shares in a mining penny stock. It went to zero.But I once...Read More
A nation can survive its fools, it is said - but not its traitors.Yet we have long suspected the opposite...That is, a nation can survive its traitors. But it cannot survive its fools.That is because a nation's fools infinitely outnumber a nation's traitors.Please answer this question:How many traitors occupy the District of Columbia?Now answer this question:How many fools occupy the District of C...Read More
Navarre Minerals' first diamond drilling at the historical St Arnaud Goldfield in Victoria is off to a rousing start with the intersection of visible gold.Read full newsRead More
savefremontcounty.org is a new website dedicated to fighting against the possibility of a gold mine being built near Ca??on CityRead full newsRead More
Minerals sands EBITDA jumped 69% to A$299 million, while margin improved to 41% from 39%. Operating cashflow was $306 million, with free cashflow of $179 million.Read More