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
Look beyond market approach to project valuations: van ZylLeadershipGreat 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 latter is reportedly in the final throes of raising A$500-600 million for a portfolio that includes...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP), the majority owner and operator of Escondida copper mine in Chile, will have to spend up to US$93 million as part of an environmental plan drawn up to resolve a lawsuit from the state over water use and related damage to a sensitive area in the country's north.The case goes back to April last year, when the Chilean State sued BHP over alleged "irreparable damag...Read More
The record copper price environment has prompted a resurgence in copper exploration activity at several projects that were marginal at the long-term average metal price.Just two examples include US Copper (TSXV: USCU; US-OTC: USCUF), which has this week mobilised exploration crews to the Superior copper deposit in California and Sweden-based Copperstone Resources, which has for the first time in 2...Read More
Castillo Copper (ASX: CCZ; LSE: CCZ) plans to drill its flagship Mt. Oxide project in Australia's Mt. Isa copper belt and its Luanshya and Mkushi projects in Zambia with the proceeds of an A$11.7 million ($10.9 million) financing.The funds will be used to test copper targets across the Big One deposit, Arya and Sansa prospects at Mt. Oxide and for exploration programs at its copper projects across...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 incSince the departure of Randgold Resources from the LSE in December 2018, it has been left to Centamin to carry...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 incEnvironmental regulator Senace approved the modification to the mine's environmental impact assessment after r...Read More
The axe landed with the power of God Himself upon the saloon's mirror - sending shards of glass exploding in every direction as the drunken patrons froze in shock."Who is this insane lady!" they shouted, cowering behind their barstools. Her name was Carry Nation, and she had announced her presence in a way that history would never forget. Wielding nothing but a small hatchet and the fury of a tho...Read More
By Adria Calatayud IronRidge Resources Ltd. said Tuesday that it plans to demerge its gold assets in the Ivory Coast and Chad into a separate listed entity...Read full newsRead More
Gold Mountain Mining Corp. is pleased to announce that it has successfully executed three Memorandum of Understanding's with surrounding Indigenous communities, establishing a process for ongoing engagement towards social and economic collaboration.Read full newsRead More
Inomin Mines (TSXV: MINE) has the potential for higher valuationRead full newsRead More
Mining Journal speaks to Endeavour CEO S?(C)bastien de MontessusRead full newsRead More
No impact on production flaggedRead full newsRead More
It marks a complete recovery on the index to pre-pandemic levels, exceeding the previous high reached in February 2020.The iron ore price has continued to strengthen this week.The MySteel Australian 62% fines rose 2.8% to US$200.50/t, while CommSec cited a 0.2% gain to $209.45/t (CFR Tianjin port).BHP rose more than 3% in Australia yesterday.Iron ore major Vale SA gained 1.4% in Brazil, returning...Read More
Mining Journal: Why London?Read More
Share this article SAINT-SAUVEUR - Monarch Mining Corp. [MQR-TSX; MRQRF-OTCQX; MR7-FSE] has announced plans to reopen its 100%-owned Beaufor mine and Beacon mill by June, 2022. The mine and mill are located some 20 km east of Val-d'Or, Que.The Beaufor mine has produced over 1.1 million ounces of gold averaging 7.50 g/t gold since the early 1930s. The mine is currently on care and maintenance, w...Read More
(IDEX Online) - Antwerp-based Baunat has become one of the first diamond jewelry companies to accept payment by cryptocurrency.Customers can now pay for their purchases online using Bitcoin, Ethereum and others.Steven Boelens, the firm's executive director, said: "Baunat has always been an early adopter when it comes to technology and in today's economic climate it's easy to see the...Read More
(IDEX Online) - The IDEX Polished Price Index was up 1.37 per cent in May, an increase almost double that of April (0.73 per cent). The rise was pretty steady day on day, with the Index averaging 124.970 across the month and closing at 125.900.The Index is currently the highest it's been since November 2018. It has been climbing, albeit with some volatility, sinc...Read More
(IDEX Online) - India's diamond exports are set to exceed $20bn this financial year - an increase of 20 per cent.That's according to an analysis of 70 diamantaires rated by CRISIL, the Mumbai-based Crisil ratings agency.In recent months pent-up demand and stimuli buoyed demand for diamonds and jewelry in the US and China, it says, which account for 75 percent of India's polished dia...Read More
(IDEX Online) - Zimbabwe's state-owned miner this week said it aimed to increase diamond production this year by 30 per cent. It predicts a total output of 3m carats, up from 2.3m in 2020, as a result of improved mining methods. The Zimbabwe Consolidated Diamond Company (ZCDC) also hopes a joint exploration venture with Alrosa will further increase its diamond production.&nb...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 4.0SPONSOREDRemembering the lessons from the last gold bull marketSPONSOREDsrk consultingThe company went public in December 2020 and this will be its first drilling on the project wi...Read More