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
Australia's government could ensure projects get the funding they requireRead full newsRead More
Gold gains on further Yellen commentsRead full newsRead More
Rick Rule sits down with Ivan Bebek at the 'Robinhood, Reddit and the Rise of the Retail Investor' virtual conference in April 2021 to discuss Tier One Silve...Read full newsRead More
Rick Rule sits down with Ivan Bebek at the 'Robinhood, Reddit and the Rise of the Retail Investor' virtual conference in April 2021 to discuss Tier One Silve...Read full newsRead More
Vancouver, BC -LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company"), Canada's leading free-to-play mobile game group, will release its first quarter 2021 financial results on Monday, May 17, 2021 after market close. Following the release, the Company will hold a conference call to discuss its performance with the investment community at 2:00 p.m. PT on the same day.Related earnings release mater...Read More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed cannabis industry, is pleased to announce that its portfolio company, QVI Inc., a cannabis-infused product manufacturer located in Sonoma County, California, doing business as "The Galley", has launched its full service cannabis distribution company "Trident Distr...Read More
It was previously last above the benchmark in February 2011.It closed down 0.18% on the London Metal Exchange yesterday to $9,949/t.Nickel also gained, heading back towards $20,000/t as doubt grows about the environmental credentials of Tsingshan Group's recently-announced new technology designed to produce battery-grade metal from nickel matte.Nickel closed up 1.3% to $17,872.50/t.Trafigura's chi...Read More
Share this article VANCOUVER - Silver Elephant Mining Corp. [ELEF-TSX; SILEF-OTCQX; 1P2N-FSE] on Thursday May 6 announced indium and gallium assays from drilling at its Sunawayo Project in central Bolivia.Highlights include drill hole SWD002, which intercepted 87 g/t indium, 7.0 g/t gallium and 48 g/t silver (252 g/t silver equivalent) over 9.0 metres within a 31-metre interval averaging 119 g/t...Read More
(IDEX Online) - The Letseng mine in Lesotho, has yielded a 254 carat Type II white diamond.The deposit, owned by London-based Gem Diamonds, is the highest dollar per carat kimberlite diamond mine in the world, and last year achieved an average value of $1,908 per carat.Its highest per carat value for a white rough diamond during the year was $38,827.The new stone (pictured) is the first major find...Read More
(IDEX Online) - The price index for all sizes and intensities of fancy color diamonds rose slightly, by 0.3 per cent, in Q1 of this year, after two quarters of decline. Blues were up 0.5 per cent across the board, and pinks rose 0.4 per cent, according to the New York-based Fancy Color Research Foundation (FCRF). Yellows fell 0.2 per cent. No figures were produced for for Q1 and Q2 of 20...Read More
(IDEX Online) - A former Israeli army officer has been arrested on suspicion of stealing diamonds worth more than $600,000 from a trader.He and three fellow gang members allegedly snatched the man's bag near his home in Kiryat Ata, outside Haifa, in the north of the country.They are said to have attacked him from behind and threatened him with a gun or a knife.Police believe they'd been...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 AGM was the first held in Perth since the destruction of the Juukan Gorge caves a year ago.Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationCopper production from the Gibraltar mine in British Columbia in Q1 amounted to 22.2 million pounds, down 31% year-on-year, as head grades fell to 0.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 metalsTotal portfolio contributions amounted to £6.8 million, with a 10.5% drop in income from the Kes...Read More
Like a squall out of a clear sky... Janet Yellen sent investors under the awnings Tuesday:“It may be that interest rates will have to rise somewhat to make sure that our economy doesn’t overheat.”In reminder: Falling rates generally equal rising stocks. Rising rates generally equal falling stocks.Ms. Yellen's rains gave the Nasdaq a quick 300-point drenching.That is because many...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 metalsAs long ago as September 2008, TNG announced that it was ready to commence drilling at its Mount Peake...Read More
Although gold volumes were down slightly, Kirkland Lake Gold (TSX: KL; NYSXE: KL; ASX: KLA) reported strong first quarter results for 2021. Production of 302,847 oz. exceeded the top end of previously announced guidance for the quarter at 290,000 oz. Higher than expected output at both the Fosterville and Detour Lake mines contributed to the overage.The company sold 308,029 oz. at an average reali...Read More
Newly listed American Eagle Gold (TSXV: AE) continues to focus on exploring its flagship Golden Trend property in Nevada. The company's 925-hectare site was acquired in July of last year and is located in the state's rich Cortez Trend, adjacent to Barrick Gold and Newmont Mining's joint venture Nevada Gold Mines Goldrush deposit and Cortez mine, which collectively host over 27 million oz. of gold....Read More
Shares in lithium explorer and developer Bacanora Minerals (LSE: BCN) jumped as much as 38% on May 6 after China's Ganfeng Lithium, one of the world's top lithium producers, offered the company to buy the shares it does not already own for up to ?190 million (US$264.5 million).The deal, which values Bacanora at up to around ?267 million (US$371 million), comes as prices for lithium surge due t...Read More
Canada's Lucara Diamond (TSX:LUC) has secured up to US$220 million in credit-approved commitments for senior debt facilities, which will help it fund a five-year, US$514 million underground expansion of its Karowe mine in Botswana.The package consists of a project finance facility of US$170 million for the expansion and a working capital facility of US$50 million to bankroll the ongoing operatio...Read More