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
Proudfoot Global CEO Pamela Hackett talks 'wrestling chaosSPONSOREDproudfootAntipa set to soar amid Winu and Havieron potentialSPONSOREDantipa mineralsAzure's Andover nickel shapes as a Pilbara NovaSPONSOREDazure mineralsMcDermitt puts Jindalee at top of US lithium stock-pileSPONSOREDjindalee resourcesThe company aims to submit an environmental impact assessment in September, produce a fea...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman exploration"The renewal of our licence at Kombat marks a key milestone as we prepare to commence copper production by the end of the year," president and CEO Jed Richardson said."With licences in hand, it is full speed ahead to become a revenue generating company, capable of funding further exploration of our significan...Read More
China's journey to carbon neutrality will involve a major shift towards renewable energy, says a team of analysts at London-based business intelligence company CRU.China has pledged to achieve carbon neutrality by 2060 and peak carbon emissions by 2030. http://www.gov.cn/xinwen/2020-10/29/content_5555864.htmIt is a journey defined by electrification and renewable energy, says the analysts in a whi...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has started up its new commercial scale demonstration plant to produce high quality scandium oxide. The plant is located at its Rio Tinto Fer et Titane (FTFT) metallurgical complex in Sorel-Tracy, Quebec.The $6 million project was completed on time and on budget, less than six months after the start of construction.The Quebec government contributed $650,00...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP), the world's largest miner, is weeks away from deciding whether to go ahead with its long-delayed Jansen potash project in Canada, more than 10 years after completing the mine's feasibility study.The company has been mulling a final decision on the asset for at least eight years, during which it has spent about US$4.5 billion laying the ground for the crop nutr...Read More
Bluejay Mining (LSE: JAY; US-OTC: BLLYF) has received approval to build its Dundas Ilmenite project on the northwest coast of Greenland, 80 km north of the town of Qaanaaq.The company said its approved exploitation and closure plan is the final government-level approval required before construction at Dundas can start.In December, the Greenland-focused explorer and developer was granted the explo...Read More
Debswana Diamond, a joint venture between De Beers and the government of Botswana, has found a 1,098-carat stone, one of only four rocks over 1,000 carats ever unearthed, and the biggest by the company since it began operations five decades ago.The yet to be named massive stone was picked on June 1 at Jwaneng, the world's richest diamond mine by value, which is undergoing a US$2 billion expansion...Read More
Proudfoot Global CEO Pamela Hackett talks 'wrestling chaosSPONSOREDproudfootAntipa set to soar amid Winu and Havieron potentialSPONSOREDantipa mineralsAzure's Andover nickel shapes as a Pilbara NovaSPONSOREDazure mineralsMcDermitt puts Jindalee at top of US lithium stock-pileSPONSOREDjindalee resourcesTSXV-listed Sigma is out to win the race for the most ESG aware company in the battery su...Read More
In the clearest indication yet that the project will get the go-ahead, BHP today held a potash briefing for analysts and investors hosted by the company's chief economist Dr Huw McKay and managerRead More
It's a well-known fact that Alexander Graham Bell invented the telephone. We're taught it in elementary school. The Bell Telephone Company became one of the most successful businesses in American history. There is even a crater on the Moon named after the guy!It all started in 1876 with Bell's patent for the telephone - U.S. Patent No. 174,465 - widely considered to be the single-most important pa...Read More
FILE PHOTO: A poster demanding:Read full newsRead More
The deal will make it difficult for backers of a massive open-pit gold and copper mine to carry out their project because the new protections cover a portion of a critical route the Pebble Limited Partnership plans to use to transport ore from the mine.Read full newsRead More
June 08, 2021 (ACCESSWIRE via COMTEX) --VANCOUVER, BC / ACCESSWIRE / June 8, 2021 / Gold Mountain Mining Corp. ('Gold Mountain' or the 'Company')...Read full newsRead More
UK industry will struggle to cope unless domestic miners come to the foreRead full newsRead More
Jefferies said major iron ore miners were best option for the summerRead full newsRead More
Generating and Exploring Precious Metal Assets in Prolific Jurisdictions Across the AmericasRead full newsRead More
Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") is pleased to announce the results of voting at its annual general and special meeting of shareholders which was held June 15, 2021 in Vancouver, British Columbia (the "Meeting"). All matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Ci...Read More
BEIJING/HANOI: China said on Wednesday it will release national reserves of some base metals over the near term, as the world's top metals ...Read full newsRead More
A cadre of oil companies, seeing continued profits in shale, are mulling Royal Dutch Shell's (RDSa.L) holdings in the largest U.S. oil field as the European giant considers an exit from the Permian Basin, according to market experts.Read full newsRead More
Canada and the European Union launched a new partnership to secure supply chains for critical minerals and reduce dependence on China in a push for jobs and to counter climate change."With EU partners, we talked about what we can do to build a cleaner economy for years to come," Canadian Prime Minister Justin Trudeau told reporters on Tuesday after meeting with EU chiefs in Brussels. "To begin wit...Read More