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
Adam Thompson: Perhaps we can start with the current state of the commodity market. This is a bull run, butRead full newsRead More
Visionary Gold Corp. is pleased to announce that founder and formRead full newsRead More
Comet Resources Ltd is pleased to advise that it has now finaliseRead full newsRead More
Fury holds three core Canadian gold projects: Eau Claire in Quebec, Committee Bay in Nunavut and Homestake Ridge in British Columbia.Read full newsRead More
Fury holds three core Canadian gold projects: Eau Claire in Quebec, Committee Bay in Nunavut and Homestake Ridge in British Columbia.Read full newsRead More
Company's expansion plans will draw intense scrutinyRead full newsRead More
Costs may come in to focus more when prices fallRead full newsRead More
Kumtor woes deepenRead full newsRead More
Vancouver, BC May 11, 2021 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters including PI Financial Corp. and Cormark Securities Inc. (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a "bought dea...Read More
Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company"), Canada's leading free-to-play mobile game group, today announces that the annual and special general meeting (the "Meeting") of holders (the "Shareholders") of common shares ("Common Shares") of LEAF is scheduled to be held virtually on June 29, 2021 at 10:00 am (Pacific Daylight Time).In addition to customary business matter...Read More
The MySteel 62% Australian fines price rose about 3% to a new high of US$207.50 per tonne, while the Fastmarkets price rose 8.6% to $US230.56 a tonne.Copper reached a fresh high intraday of $10,747.50/t on the London Metal Exchange but closed down 0.4% to $10,378.75/t."The major driver of the moves [in the base metals complex] in the past fortnight has been fresh money inflows largely driven by in...Read More
Gerald Group, which controls Marampa's former operator SL Mining, said it had agreed a legal truce with Sierra Leone's government on May 7 - meaning all legal action between the two parties would beRead More
Share this article VANCOUVER - West Mining Corp. [WEST-CES; WESMF-OTC, 1HL-FSE] on Tuesday May 11 released a new resource estimate for its 100%-owned Kena-Daylight gold and copper property in southeastern British Columbia.According to a NI 43-101-compliant technical report, the property contains 2.8 million ounces of gold in the inferred category and 561,000 of gold in the indicated category.West...Read More
(IDEX Online) - Lucapa today announced it had sold a parcel of about 4,000 carats of rough from its Lulo mine, in Angola, for $5m.The Australian miner said seven high-value diamonds, including two pinks, were put aside for a later sale.It achieved an average per carat of $1,239 in the sale, together with partners Endiama and Rosas & Petalas.Earlier this month Lucapa sold a 3,617 carat parcel f...Read More
(IDEX Online) - Petra is to re-open its Williamson mine, in Tanzania, more than a year after it was put on on care and maintenance amid the first Covid lockdowns and unprecedented low rough prices.The mine, a quarter-owned by the Tanzanian government, has now reportedly secured overdraft funds to resume production at full capacity. It halted operations when the per carat price of the rough it...Read More
Towards Sustainable Mining Tailings Guidance Aligns with Global StandardSPONSOREDthe mining association of canadaPAM puts itself in the middle of Thailand 4.0SPONSOREDAuroch powers up nickel explorationSPONSOREDauroch mineralsSaturn still shooting for the stars at Apollo HillSPONSOREDsaturn metalsThe union convened a strike vote for 205 workers after its efforts to improve the terms and conditions...Read More
PAM puts itself in the middle of Thailand 4.0SPONSOREDAzure Minerals' managing director shared a coveted industry exploration award for the Cosmos nickel find in 1997. A typical Kambalda-style, komatiite-hosted sulphide deposit, Cosmos became one of the world's highest grade nickel mines.Now Rovira sees great prospects for a Nova-Bollingeresque nickel-copper-cobalt deposit to emerge at Andover, so...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipTowards Sustainable Mining Tailings Guidance Aligns with Global StandardSPONSOREDthe mining association of canadaPAM puts itself in the middle of Thailand 4.0SPONSOREDThe intercept also included 30m at 0.81% Cu-eq, with another hole intersected 128m at 0.42% Cu-eq from 32m.The...Read More
McEwen Mining (TSX: MUX; NYSE: MUX) has reported the latest drill results from the Stock West target, part of the company's Fox Complex in northern Ontario, about 45 km east of Timmins.Highlights included drillhole S20-149, which intersected 25.7 metres grading 6.08 grams gold per tonne starting from 476 metres, including 0.6 metres of 28.3 grams gold. Hole S20-138a returned 14.3 metres grading 8...Read More
Coeur Mining (NYSE: CDE) is acquiring a 17.8% stake from Orion Mine Finance in Victoria Gold (TSX: VGCX), which owns and operates the Eagle gold mine in the Yukon. The acquisition of 11 million Victoria shares at $13.20 per share represents a 5% discount to the stock's trailing, 30-day volume-weighted price as of May 7. In return for the Victoria shares, Orion will receive 12.8 million Coeur shar...Read More