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 9, 2021 - Karus Gold Corp. ("Karus Gold" or the "Company") announces additional high-grade gold drill results including 5.3 meters ("m") of 10.2 g/t gold and 10 meters of 5.5 g/t gold in the Upper Zone of the FG Gold Project ("Project" or "FG Gold"), part of the Company's 1,000 square kilometer ("km") South Cariboo Gold District in British Columbia (Figure 1).HighlightsFG-20-...Read More
The polarising Peru election is currently too close to call.No doubt Rio Tinto will be keeping a close eye on Mongolia where the presidential election is on today.The Rio-controlled Oyu Tolgoi has been facing challenges from the government and is still awaiting approvals for the undercut, critical to avoid delays to the over-budget underground expansion. "Populist victories and the negative e...Read More
Indicated resources in the so-called lower mine area amounted to 2.08Mt, up from 1.66Mt in the 2016 MRE. Average grade has fallen to 1.59% from 1.81%.Read More
Share this article VANCOUVER - As the impact of the Covid19 pandemic winds down, cobalt demand in 2021 should be boosted by strong performance in the electric vehicle (EV) sector with some analysts predicting a 17% increase in demand this year over 2020.Cobalt is used in the production of lithium-ion battery materials, superalloys, high-temperature alloys, cutting tools, magnetic materials, petro...Read More
(IDEX Online) - Mehul Choksi, the fugitive Indian diamond tycoon who claims he was abducted from a Caribbean island, says those responsible were prepared to kill him."I have no doubts that the agents if given enough reason and opportunity, would not have thought twice before killing me," he wrote in a report filed to police and seen by Times of India.Choksi, 62, is wanted by police in India as a s...Read More
(IDEX Online) - Chow Tai Fook saw net profits more than double to $777m, as it recorded its best performance since 2014 - in spite of the pandemic.China's biggest jeweler by market value says it opened 741 new points of sale across the mainland in the year to 31 March, and was planning a further 700-plus in the coming year. It currently has 4,591.The increased profits exceeded forecasts as th...Read More
(IDEX Online) - Russia may release diamonds from its state-controlled stockpiles, allowing Alrosa to replenish dwindling reserves as demand surges.The government holds undisclosed reserves of precious gems and metals in a repository known as Gokhran.It is now reported to be considering the release of some rough reserves through public auctions, according to Bloomberg News, which would Alrosa to re...Read More
Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDThe future economy is looking greenSPONSOREDlomiko metals incDrilling returned an intercept of 14m grading 0.89% copper and 8 grams per tonne silver including 6m grading 1...Read More
Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDThe future economy is looking greenSPONSOREDlomiko metals incThe potential to give voters the final say on the likely US$1.Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe contract is the largest single operational contract for the Motheo project and has a term of seven years and three months, with the option to extend for a year.Read More
Integrated vanadium producer Largo Resources (TSX: LGO; OTCQB: LGORF) is charting a course towards capturing 3% or about 1,400 megawatt-hours of the long-duration energy storage battery market by 2025, company executives said during the company's first 'battery day' presentation this week.Largo, which had spun out Largo Clean Energy in December to provide long-duration vanadium redox flow battery...Read More
Canada's Ivanhoe Mines (TSX: IVN) has inked deals with China's Zijin Mining's subsidiary and trader Citic Metal to sell each 50% of the copper production from the recently-launched first phase of its Kamoa-Kakula mine in the Democratic Republic of Congo (DRC).The copper concentrate and blister copper off-take agreements will see wholly-owned Zijin unit Gold Mountains (H.K.) International Mining...Read More
Cornish Metals (TSXV: CUSN; LON: CUSN) posted on Wednesday an updated resource estimate for its South Crofty tin-copper project in Cornwall, southwest England, as it moves to closer to reopening the past producing mine.The Canadian miner, formerly known as Strongbow Explorations, said additional sampling showed a 10% increase in indicated resources to 2.08 million tonnes in both the lower mine a...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe company has five trials underway and three commercial opportunities in its pipeline this year as the technology approaches the tipping-point of mass uptake, president and CEO Mike Outwin told Read More
The price of crude oil has increased more than 15% since April as a faster-than-expected economic recovery in the U.S. and abroad is forecast to bolster energy demand.Yesterday the Energy Information Administration raised its 2021 prediction for petroleum and other liquid fuel consumption in the U.S. to 1.49 million barrels per day. This represents a 7% increase from the EIA's previous 2021 foreca...Read More
Battery minerals represented less than 3% of the top 40 miners' total revenue in 2020.Read full newsRead More
Gold Mountain Mining Corp. is pleased to announce that the MinistRead full newsRead More
Monarch Mining (TSX:GBAR) is announcing a C$5 million bought deal private placement led by Sprott Capital Partners and Stifel GMP.Read full newsRead More
Gold Bull Resources (TSXV:GBRC) will resume drilling operations at its Sandman Project with a 5,000-metre exploration and resource extension program.Read full newsRead More
BlockchainK2's (TSXV:BITK) Amplify Games has added indie game developer Santiago Zapata to its industry alliance.Read full newsRead More