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
(IDEX Online) - De Beers Canada has admitted failing to report levels of mercury in water systems around its disused Victor diamond mine.The case was brought as a private prosecution by Ecojustice, a non-profit environmental law organization that provides funding to lawyers to use litigation to defend and protect the environment.It said De Beers had failed to report mercury and methylmercury level...Read More
As the world transitions to clean energy, rising demand for "green" metals is contributing to renewed optimism in the growth prospects for Canada's mining industry, according to a KPMG in Canada report released on July 8, Risk and Opportunities for Canadian miners.Minerals like lithium, cobalt and nickel are critical to the green and digital transition now underway to achieve a below 2 ?C future....Read More
Energy Fuels (TSX: EFR; NYSE; UUUU) has shipped the first container of 20 tonnes of mixed rare earth carbonate concentrate to Neo Performance Materials' (TSX: NEO) Silmet rare earth separation facility in Sillamae, Estonia.Produced at Energy Fuels' White Mesa mill in Utah, 508 km southeast of Salt Lake City, the concentrate will be separated into rare earth oxides and other valued-added rare e...Read More
The government of Australia has been ordered to consider the risks carbon dioxide emissions pose to young people when approving new coal mines or expansions to existing ones, the federal court said today.The case, brought by eight students and an octogenarian nun, centred on Whitehaven Coal's planned expansion of an operation in New South Wales. The project aims at producing as much as 10 milli...Read More
Vancouver-based Ero Copper (TSX: ERO, NYSE: ERO) has provided an exploration update on its ongoing drill programs for the MCSA mining complex and the NX Gold mine, both in Brazil, with a highlight hole of 67 metres of 9.21% copper at MCSA.The company's primary asset is a 99.6% interest in the Brazilian copper mining company, MCSA, which owns the MCSA Mining Complex in Bahia state. Copper ore is mi...Read More
Australia's Sandfire Resources (ASX: SFR) has been granted a mining licence for its Motheo copper project in Botswana's Kalahari Copper Belt.The Perth-based miner said the milestone was one of the two major conditions required for finalizing the final permitting process for the A$279 million (US$208 million) project.The Kalahari Copper Belt, which extends for nearly 1,000 km from northeast Botswan...Read More
Junior-gold producer McEwen Mining has had to sit on Los Azules in recent years while fighting fires, sometimes literally, at its gold operations in Timmins in Ontario, Canada and in Nevada, USA,Read More
Mr. Donald Trump is archvillain to some. He is archangel to others.He is neither to us.Yet we might etch his likeness into Rushmore - for one central reason. What is it?Is it his tariffs? His tax reductions and deregulation? His vastly accelerated vaccine debuts? His judicial nominees to the Supreme Court of the United States? Or is it his pledge to Make America Great Again?Answer shortly. First t...Read More
Proudfoot Global CEO Pamela Hackett talks wrestling chaos with industry leadersSPONSOREDproudfootYandal building on discovery successSPONSOREDyandal resourcesEmerging producer Horizon Minerals eyes mid-tierSPONSOREDhorizon mineralsRumble growing with Earaheedy discoverySPONSOREDrumble resources"Beyond the Bilateral: Value Chains and the Future of Australia-Indonesia Economic Engagement" characteri...Read More
Production of zinc in concentrate at Sasa fell 3.3% quarter-on-quarter to 5,549t, while lead production at Sasa also slipped 3.2% to 6,791t, driven by lower grades.Read More
A couple days ago I wrote about a hot investment trend, SPACs to be specific, that I won't touch. I wasn't done.I wanted to include something that was on the other extreme end of the information asymmetry spectrum. An investment that technically gives all information to everyone but I still won't touch.Now is my chance. I'm going to trash-talk Bitcoin.There's an irresistible, honey-pot quality to...Read More
London Metal Exchange tin hit a decade high of $33,181 per tonne in June and is currently trading around $31,800Read full newsRead More
Research Portal Join Newsletter Westhaven Gold Corp. LIVE WEBINAR Drilling a High-Grade Gold Discovery off a Major Highway in Canada Gareth Thomas President, CEO & Director Westhaven Gold Corp. Rod Watt Executive Director Adyton Resources Corp. Stephen Kelly CFO & Secretary Adyton Resources Corp. Taylor Combaluzier Mining Analyst Red Cloud Securities Inc. Wednesday July 7, 2021... Read...Read More
Up 40%Read full newsRead More
Opawica Explorations: Gold Exploration in the Prolific Canadian Jurisdictions of Quebec and NewfoundlandRead full newsRead More
Fredericton, New Brunswick--(Newsfile Corp. - July 7, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE: 706) (Read full newsRead More
ECR Minerals (LON: ECR) on Wednesday announced the approval of work programmes for three of its Australian exploration permits "in record time" . The explo...Read full newsRead More
Chinese steel futures jumped on Wednesday, with construction rebar and hot rolled coils both closing up more than 3%, fuelled by expectations of production cuts.Read full newsRead More
Royal Dutch Shell (RDSa.L) will boost returns to shareholders via share buybacks or dividends earlier than expected after a sharp rise in oil and gas prices helped it reduce debt, the Anglo-Dutch energy firm said on Wednesday.Read full newsRead More
IPO within 12 monthsRead full newsRead More