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
/PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (Read full newsRead More
/PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (Read full newsRead More
Gold Mountain Mining Corp. is pleased to announce an updated NatiRead full newsRead More
Top 10 biggest nickel projects Lists page | With demand for the battery metal rising with the mobility shift towards electric vehicles, we count down the world's biggest nickel projects| Mining GlobalRead full newsRead More
Bulk shipping costs could jump five-foldRead full newsRead More
VANCOUVER, BRITISH COLUMBIA TheNewswire - May 13, 2021 US NewrangRead full newsRead More
'Coal to Zero' vehicle would snap up coal mines and maintain outputRead full newsRead More
Gold output up 102% yoyRead full newsRead More
#Inflation soars, yet #silver gets "tamped" down againOn Wednesday #WallStreet posted one of its biggest inflation numbers in history.Although once again the...Read full newsRead More
#Inflation soars, yet #silver gets "tamped" down againOn Wednesday #WallStreet posted one of its biggest inflation numbers in history.Although once again the...Read full newsRead More
Codrus is seeking A$5-8 million at 20c per share to drive exploration to fund a $3-5.7 million exploration program over the next two years.Read More
Booming commodity prices, a jump in mining production and limited vessel supply are all contributing to a huge spike in shipping prices, according to a new report from Stifel.Read More
The deal will swap debt for equity, and see 98.5% of the company under the control of Boart's lenders.Read More
Copper, the highly conductive red metal vital to the manufacturing of products essential to the electrification of the world's energy systems is also used in heating, cooling, electronics, power generation and transmission, automotive applications and has antimicrobial abilities.Demand from the green energy transition has sparked a rally on copper markets. The world's top 10 biggest copper mines...Read More
The demand for improved environmental and social governance (ESG) continues to intensify. Of the many issues that ESG covers, it is carbon emissions that are receiving the most attention due to the fight to prevent further climate change. For miners, this same issue happens to be the most problematic.Investors with deep pockets and major market influence are pushing for miners to adopt aggressiv...Read More
Marathon Gold (TSX: MOZ) is raising $50 million (US$41.27 million) in a private placement to support exploration and development activities at its Valentine gold project in Newfoundland.A single institutional investor, Pierre Lassonde and Trinity Capital Partners Corporation and Affiliates, participated in the offering, Marathon said. The financing consists of 14,285,714 common shares priced at...Read More
China, the country leading global sales of new energy vehicles (NEVs), not only will maintain its market position accounting for half of all expected global NEV during the next decade, but it may also make a grand entrance into western markets. This is according to London-based market analyst CRU, whose recent EV report states that local sales will be driven in part by government policy - such as...Read More
Iamgold (TSX: IMG, NYSE: IAG) has confirmed it will resume operations at its Westwood underground mine in southwestern Qu?(C)bec in the second half of the year.The gold mine has been halted since late October, which forced Iamgold to lay off 437 workers or 70% of its underground staff following a seismic event at the operation.The mill restarted in November, processing stockpile and Grand Duc sat...Read More
Osino Resources (TSXV: OSI; US-OTC: OSIIF) plans to make its Twin Hills gold project in the Karibib gold district of central Namibia, 150 km northwest of the capital Windhoek, the "quickest discovery to production story in recent memory," says the company's co-founder and CEO Heye Daun.Since its discovery in 2019, Twin Hills already has a sizeable mineral resource, which is likely to grow as the...Read More
Make no mistake, we're entering a golden age of pharmaceutical development. From mRNA to monoclonal antibodies, modern medical science is scoring the biggest breakthroughs since the advent of penicillin.And whereas new medicine could often take 10 years to commercialize, complex avant-garde coronavirus vaccines charged through pipelines at record speed.Indeed, we've finally seen how quickly thing...Read More