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
By George Mwangi Special to Dow Jones Newswires The value of Tanzania's gold exports rose 24% in the year ended April 30 due to an increase in global prices...Read full newsRead More
Philadelphia 76ers (117) vs Boston Celtics (109) | Jan 20 2021 - Jump Shot| Serial No. 17144Read full newsRead More
Philadelphia 76ers (117) vs Boston Celtics (109) | Jan 20 2021 - Jump Shot| Serial No. 18154Read full newsRead More
(IDEX Online) - The revival of India's Bunder diamond mine is facing mounting opposition - over plans to axe more than 200,000 trees.Essel Mining, part of the multinational conglomerate Aditya Birla Group, bought rights to the site in 2019. It has estimated reserves of 34.2m carats.But opponents are asking an Indian court to intervene and protect 382 hectares of the Buxwaha forest, in the Chh...Read More
(IDEX Online) - Diamonds worth $3.2m were seized by customs officers in Hong Kong, in what is being described as "the biggest-ever seizure of this kind".Over 1,300 undeclared diamonds, weighing 0.3-cts to 2.0-cts, plus 330 grams of melee, were found in two backpacks in the back a truck that was stopped for inspection at the Sha Tau Kok control point last Thursday. They were destined for Shen...Read More
(IDEX Online) - De Beers Canada has been charged with an environmental breach after releasing almost 1,600 gallons of diesel at its former Snap Lake mine.The fine for such a breach Environmental Protection Act is from C$100,000 to C$4m.A report by De Beers blames human error for the spill. A worker forgot to close the tank's outlet valve, a court was told.The miner invested over $2.2bn...Read More
Russian mining giant Nord Gold has confirmed its plans today to hold an initial public offering (IPO) in London, after reaping The post Russia's Nordgold plots London IPO after gold price climb appeared first on CityAM.Read full newsRead More
The fund has delivered a return of 0.83% over the past 10 years compared to 7.97% CAGR delivered by goldRead full newsRead More
The fund has delivered a return of 0.83% over the past 10 years compared to 7.97% CAGR delivered by goldRead full newsRead More
Philadelphia 76ers (117) vs Boston Celtics (109) | Jan 20 2021 - Jump Shot| Serial No. 15889Read full newsRead More
Given the rising prosperity we keep hearing about, shouldn’t we be able to provide minimum wage workers the same purchasing power they enjoyed 50 years ago in 1970?This is a very simple proposition: either we can provide minimum wage workers the same purchasing power they enjoyed 50 years ago or we can’t.And if we can’t, then all the claims about “rising prosperity” a...Read More
Russian mining giant Nord Gold has confirmed its plans today to hold an initial public offering (IPO) in London, after reaping The post Russia's Nordgold plots London IPO after gold price climb appeared first on CityAM.Read full newsRead More
Joaqlin EstusIndian Country Today The state of Alaska is sticking with its 2018 decision to issue a clean water certificate for a proposed gold mine in westernRead full newsRead More
Novo Resources Corp. is pleased to provide an update on its curreRead full newsRead More
Russian mining company Norilsk Nickel maintained its ranking as the world's leading primary nickel producer in the first quarter, despite a 31.5% quarter-over-quarter decrease in output.Read full newsRead More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ | OTCQB: VENZF) ("Venzee" or the "Company") a "smart tech" Software as a Service (SaaS) platform, used by consumer brands to move critical, consumer-facing product information to any global retailer, announced today that it will be presenting virtually at the upcoming LD Micro Invitational XI event on Wednesday, June 9, 2021 at 11:30 AM ET.John...Read More
The latter is reportedly in the final throes of raising A$500-600 million for a portfolio that includes the Capricorn operation in Queensland, located 7km from Castillo's key Mt Oxide ground holding.Castillo plans to test multiple targets at Mt Oxide over the next few months, including the Big One, Arya and Sansa prospects.It also said it would now be able to expedite exploration programs in Zambi...Read More
Share this article TORONTO - Barrick Gold Corp. [ABX-TSX; GOLD-NYSE] said Friday June 4 that the process of reopening the Porgera gold mine in Papua New Guinea under the terms of a binding agreement between the government and operator Barrick (Niugini) Ltd. (BNL) has taken a major step forward.Barrick President and CEO Mark Bristow said production at the mine may restart later this year.The gold...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationJetti has proven the effectiveness of its leaching processing technology commercially at Capstone Mining's Pinto Valley mine in Arizona, USA, helping the miner double copper cathode productionRead More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman exploration"Even with the copper price recently reaching an all-time high, for example, the incentive price to build greenfield (and some brownfield) projects is still above the current price in some cases asRead More