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
Novo Resources Corp. is pleased to announce that senior managemenRead full newsRead More
Mexico has a long and storied history as a silver producer, and there is no reason to think that will change anytime soon. Here are eight Canadian companies active in the sector - often with gold or copper in the mix as well.CANASIL RESOURCESCanasil Resources' Nora project in Mexico. Credit: Canasil Resources.Canasil Resources (TSXV: CLZ) has six silver-gold exploration projects in Mexico's Durang...Read More
South Africa's power utility Eskom introduced load shedding - or planned rolling blackouts - in 2008 during periods of short supply.Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesZinc-lead discovery helps Zenith double market capSPONSOREDzenith mineralsMining and the lack of external investmentSPONSOREDswannThe two uranium players on the program, Boss Energy and Paladin Energy, are looking to restart uranium mines in South A...Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesZinc-lead discovery helps Zenith double market capSPONSOREDzenith mineralsMining and the lack of external investmentSPONSOREDswannBHP has made no secret of its desire to get more exposure to nickel, trumping Wyloo Metals' proposed offer for Noront l...Read More
Russian gold producer Nordgold has begun mining at a satellite deposit by its Lefa gold mine in Guinea, which will boost production at the operation. The Diguili deposit, located about 35 km from Lefa's processing facility, is considered a core pillar of Nordgold's strategy to expand its resource and reserve base through both organic growth and the selective acquisition of high value pro...Read More
While some banks and other lenders are cutting off funding for new coal-fired power plants and turning their backs on coal mining projects more generally, the number of new coal mines proposed or under development is higher than one might think, given all the noise about meeting emissions targets outlined in the Paris Climate Agreement, and the broader shift away from fossil fuels and towards gree...Read More
The United States has set a target to make half of all new passenger cars and light trucks sold in 2030 zero-emissions vehicles. The category includes battery electric, plug-in hybrid electric, or fuel cell electrics vehicles."America must lead the world on clean and efficient cars and trucks," U.S. President Joe Biden announced on August 5. "My administration will prioritize setting clear standar...Read More
Is your internet slow?Do you ever just sit there, watching your cursor make an infinite loop of circles while you wait for a link to open and content to load?Does your web browser freeze up or crash when all those ridiculous video ads automatically start to play?Well it's not just you, or your computer.It's the internet.It's America's internet.It's terrible.That might seem kind of strange since we...Read More
As we noted yesterday, Dr. Robert Malone is a pioneer in the mRNA technology upon which the Moderna and Pfizer vaccines are based. As we also noted: Dr. Malone is not an "anti-vaxxer." He has - in fact - consecrated his long career to vaccine development.Yet, he harbors grave reservations about these particular vaccines. What is his central bogey, his primary hobgoblin? He believes the vaccines ma...Read More
J.B. - a reader - gives us a good round piece of his mind:95% of physicians have willingly been vaccinated; do you think you know more than all of them???????????????????? OK, you are smarter than all the scientists who are aware of the side effects; bravo! You made your point. Can you now join the national effort to encourage everyone to be vaccinated for the public good?J.B. refers to yesterday'...Read More
Magnum Mining & Exploration (ASX:MGU) has begun offtake discussions for its Buena Vista Iron Ore Project with Anglo American.Read full newsRead More
HIGHLIGHTS Continuing excellent safety record with no LTIs recordRead full newsRead More
Durango Resources' field team are headed to their Discovery project soon to poke around for more good gold discoveries.Read full newsRead More
Canstar Resources (TSXV:ROX,OTCQB:CSRNF) has launched its campaign on the Investing News Network.Read full newsRead More
Triumph Gold Corp. is pleased to announce that it has concluded aRead full newsRead More
Former Ivanhoe CEO Is Building Startup with Great Nevada AssetsRead full newsRead More
No one in the mines along the Lihanda corridor - stretching from Kakamega all the way to Vihiga - appears bothered about the other graduates.Read full newsRead More
Australian iron ore miner Fortescue Metals Group is working closely with the Department of Health to assist with contact tracing after a contractor, who had worked at its Cloudbreak mine in Western Australia from July 20-27, returned a "weak positive" test result.CEO Elizabeth Gaines told reporters on the sidelines of the 30th annual Diggers & Dealers mining forum in Kalgoorlie the company had...Read More
Share this article VANCOUVER - Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) announced that it has accepted Subscription Receipts from accredited investors for C$80,000,000 at a price of C$0.70, which on completion will convert to 118,857,143 Asante common shares. A finder's fee of 4% of the total subscription receipts is payable in shares. No new control blocks will be created a...Read More