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
Vancouver, BC, June ?EUR?, 2021 - Karus Gold Corp ("Karus Gold" or the "Company") announces that detailed interpretation of the 2020 drill program validates the Company's exploration thesis that structural controls generate repeating higher-grade gold vein corridors within the previously defined Upper and Lower zones at the FG Gold Project ("Project" or "FG Gold"). FG Gold is part of the Compa...Read More
Vancouver, BC - Tribe Property Technologies (TSXV: TRBE) ("Tribe" or the "Company") and Apollo Insurance Solutions Ltd. ("APOLLO") have entered into a joint campaign to digitize insurance access for condo owners, renters, landlords and developers across Canada, making insurance access easier and faster for owners, while improving the coverage and protection of condominium and rental buildings.Sur...Read More
PHOENIX, June 16, 2021 - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, announced it will contribute $75,000 to the Village of Elk Grove Village ("Elk Grove Village"), Illinois and three local community programs to support the Chicagoland community's health and wellness initiatives.As part of the C...Read More
The company arranged a non-brokered private placement at $1 per share.Read More
The improving outlook has seen a number of titanium minerals producers post modest share price rises over the past month and Australia's biggest miner of the materials, Iluka Resources, enjoy anRead More
Share this articleTORONTO - Bunker Hill Mining Corp. (CSE: BNKR, OTC: BHLL) reported the initiation of a ground geophysical survey over the previously un-tested southern extension of its claims package.The program, scheduled for Q3 2021, will be conducted as a high-resolution 3D IP (DCIP) survey method from Dias Geophysical Ltd utilizing their proprietary DIAS32 survey system. The total coverage a...Read More
(IDEX Online) - An exceptional 39.34-carat blue rough diamond could ultimately fetch $64m as a polished gem.The Type IIb diamond (pictured), recovered at the Cullinan mine, South Africa, is set to yield over $1m per rough carat when it's sold at special tender next month by Petra Diamonds.Comparisons with another diamond from the same mine, The Blue Moon of Josephine, suggest it could fetch a...Read More
(IDEX Online) - Insurers Jewelers Mutual Group has acquired Gem + Jewel, the e-commerce platform for independent jewelers and designers, for an undisclosed sum.Gem + Jewel was launched by industry veteran Shelia Bayes, based in Lexington, Kentucky, USA, in 2018.Jewelers Mutual say the acquisition will allow jewelers to expand their customer base more efficiently and grow their e-commerce businesse...Read More
(IDEX Online) - A major watch retailer has ditched the terms "men's" or "women's" and now describes watches as small, medium or large.Watchfinder & Co, Britain's largest seller of second-hand watches, says gender terms are "redundant, restrictive and outdated".It says it is reflecting a trend set by Kayne West, Jay-Z, Victoria Beckham and other celebrities to wear watches design...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 exploration company announced the acquisition of Adeline four weeks ago from royalty...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe "relatively modest" site activities were set to include site care and maintenance, continuing select environmental baseline studies, permit compliance and collecting data for ongoing engineering studies."While our appeal of the November 2020 federal Record of Decision for Alaska's Pebble project progresse...Read More
The Coal Association of Canada says Ottawa's recent ban on new thermal coal mining projects or plans to expand existing mines on environmental damage grounds will lead to the market gap left being filled with inferior-quality coal from elsewhere.According to the association's president Robin Campbell, Canadian thermal coal is considered extremely high quality and has a low sulphur content relative...Read More
Osisko Mining (TSX: OSK) has made a new, high-grade gold discovery just 1 km north of its Windfall project in Quebec, cutting 6.7 metres of 27.4 grams gold per tonne.The Golden Bear find is located along a sub-parallel splay of the Windfall Bank Fault, in the Abitibi greenstone belt, and was discovered through reconnaissance drilling.The discovery hole hit the 6.7 metre interval of 27.4 grams gold...Read More
Serbia Zijin Mining, a wholly-owned subsidiary of China's Zijin Mining, has obtained a permit from the Serbian government to start mining activities at the Cukaru Peki copper and gold mine, part of the Timok project.Serbia's mining ministry said the country would become Europe's second-largest copper producer once the mine kicks off operations. (See News reported.)Cukaru Peki was originally slated...Read More
The price for lithium hydroxide is once again trading at a premium over that of lithium carbonate following a period that saw the historical price relationship inverted, new analysis by London-based Benchmark Mineral Intelligence has found.Hydroxide has typically traded above carbonate in the international and Chinese markets due to the chemical's traditional production method of being a product p...Read More
The US Department of Commerce is set to evaluate whether or not imports of rare earth permanent magnets from China poses a national security threat, but imposing tariffs on products sourced from its largest supplier might be counterintuitive, analysis by Rosskill has found.The White House released a report on June 8 detailing the findings from a 100-day review of vulnerabilities within the supply...Read More
Denison Mines (TSX: DML; NYSE-AM: DNN) and UEX Corp. (TSX: UEX; US-OTC: UEXCF) have hashed out a deal that will see each company with a 50% interest in JCU Exploration, a subsidiary of Overseas Uranium Resources Development Co. (OURD).Last month, Denison offered $40.5 million for the prized asset, after UEX had already come to an agreement with OURD to pay $12.5 million for JCU.Now, UEX has agreed...Read More
Share this article Anglo American's [AAL-LSE] De Beers Group unit, Debswana Diamond Company, and the government of Botswana announced the discovery of a 1,098-carat diamond believed to be the third largest gem-quality stone ever to be recovered, according to a Reuters article.Debswana Diamond Company's acting managing director Lynette Armstrong presented the spectacular gemstone to Botswana's Pre...Read More
The world's pile of discarded electronic devices, colloquially known as e-waste, is growing out of control.According to a 2019 U.N.-backed study, the world has now amassed about 54,000,000 metric tons of old laptops, cellphones, TVs, and other dead electronic devices. That's about 16 pounds of e-waste per person.The authors of the study calculated the combined weight of all trashed electronic devi...Read More