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
Shortages in commodity markets offer a paradigm for the post-virus economy | Finance & economicsRead full newsRead More
Chile's lower house of Congress approved on Thursday an opposition-led bill that would slap a progressive royalty on sales of copper as prices rise, sharply hiking taxes on the sprawling industry to pay for social programs during the COVID-19 pandemic.Read full newsRead More
Company faces Perth AGM to again apologise for Juukan GorgeRead full newsRead More
Adjusted EBITDA recovered to $22.2 million versus $8.1 million a year ago, with revenue up 56% year-on-year and 25% quarter-on-quarter in Q1 to $53.1 million, or $579 per carat sold.Read More
Share this article VANCOUVER - Cerrado Gold Inc. [CERT-TSXV] reported results from 14 drill holes from its continuing 12,000-metre exploration drill program at the Chulengo target at its Minera Don Nicolas Project in Santa Cruz province, Argentina.The focus for the current program is to delineate new, high-grade, near-surface mineralization that can be brought into the production schedule in th...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe bill to establish royalty and taxation based on sales revenue - rather than profits - passed Chile's lower house, the Chamber of Deputies, on Thursday.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 metalsJadar is anticipated to be a multi-decade underground mine that would be one of the largest greenfield...Read More
Australia's investment bank Macquarie Group said on Friday it will stop financing coal projects by 2024, adding to a long list of local financial institutions that have withdrawn their support for the polluting commodity.The Sydney-based bank's exposure to coal is small and shrinking. The coal sector accounted for just A$100 million (US$77.8 million) in the financial year that ended on March 31, a...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 metalsHot on the heels of a report by US investment bank Goldman Sachs which said copper was on a path to US...Read More
Despite the near-term costs of its business strategy and unplanned disruptions due to the Covid-19 pandemic, Cameco (TSX: CCO; NYSE: CCJ) ended the first quarter of 2021 with over a billion dollars in cash, and was successful in adding 9 million pounds U3O8 to its long-term contract portfolio.The world's largest publicly traded uranium miner reported a net loss of US$5 million for the three mont...Read More
Lawmakers in Kyrgyzstan, home to major gold and copper mines, have passed a law allowing the state to temporarily seize Centerra Gold's (TSX: CG) Kumtor mine, the largest gold operation in the Central Asian nation.The bill, passed late on May 6, allows the government to run Kumtor for up to three months. It is based on the belief the operation may pose danger to locals and the environment.Canada'...Read More
A new report by Adamas Intelligence forecasts that the market for magnet rare earth oxides will increase fivefold by 2030 to US$15.65 billion from the current US$2.98 billion.Underpinning this growth is total magnet rare earth oxide demand, which is forecast to increase at a compound annual growth rate of 9.7%, and prices, which are projected to increase at CAGRs of 5.6% to 9.9% over the same peri...Read More
Is the gold skid over? There are encouraging signs that the answer is yes. And, that's great news for patient gold investors (especially those who bought the lows, as I recommended to my subscribers a few weeks ago).First, some facts. Gold hit an all-time high of $2,069 per ounce on August 6, 2020. Since then, it has been on the skids, despite occasional rallies. The low in this cycle was $1,678 p...Read More
Earlier this week Boston Federal Reserve President Eric Rosengren showed up on a webinar for Boston College and had this to say:My view is that this acceleration in the rate of price increases is likely to prove temporary. Toilet paper and Clorox were in short supply at the outset of the pandemic, but manufacturers eventually increased supply, and those items are no longer scarce. Many of the fact...Read More
Vancouver, British Columbia - TheNewswire - April 28, 2021 - Volcanic Gold Mines Inc. (TSXV:VG) is pleased to announce that diamond drilling has co...Read full newsRead More
Affinor Growers (CSE: AFI; OTC: RSSFF) is pleased to announce it has chosen TESLA (NASDAQ: TSLA) as the alternative energy provider for the company's vertic...Read full newsRead More
Gold Mountain Mining Corp. is pleased to announce it has receivedRead full newsRead More
Ganfeng seeks to consolidate Sonora lithium operationRead full newsRead More
VANCOUVER, BC / ACCESSWIRE / May 6, 2021 / Gold Mountain Mining Corp. ("Gold Mountain" or the "Company") (TSXV:GMTN)(OTCQB:GMTNF)(FRA:5XFA) is pleased to announce it has received its Notice of Work ("NoW") permit, allowing it to expand its 2021 exploration program at its 100% owned Elk Gold Project. The NoW permits Gold Mountain to continue chasing it's deep, high...Read More
/PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (Read full newsRead More