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
A majority of Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) shareholders oppose the exit package handed to former chief executive Jean-S?(C)bastien Jacques, ousted after the destruction of sacred rock shelters in Western Australia last year.More than 60% of the votes cast on May 6 at the company's annual meetings in London and Sydney were against its remuneration report, which showed Jacques recei...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe SAVANT copper platform, launched in 2019 by Earth-i and Marex Spectron, said the global activity dispersion index average was 43.6 in April, up from the lowest-ever monthly average of 39.8 in March."The margin pressures smelters faced from a shortage of concentrates was evident in the extremely weak readi...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 metalsBristow saw Barrick's copper portfolio as a source of differentiation to the company's gold industry p...Read More
When you were a kid, what did you want to be when you grew up?A teacher?An archaeologist?A pirate?A soldier?An antiquarian arms dealer?If you answered yes to any of the above, then you are in for a treat. If you didn't, then, well, you are still in for a treat.That's because I spent the better part of an afternoon speaking with someone who fits all of those bills. Sean Rich has a very specific set...Read More
Gold prices rise on Wednesday, a day after the commodity finished lower on the back of comments from U.S. Treasury Secretary Janet Yellen, which were viewed...Read full newsRead More
Gold prices rise on Wednesday, a day after the commodity finished lower on the back of comments from U.S. Treasury Secretary Janet Yellen, which were viewed...Read full newsRead More
Celebrating #BCMiningMonth 2021Sponsored by Skeena Resources (https://skeenaresources.com/)Read full newsRead More
Celebrating #BCMiningMonth 2021Sponsored by Skeena Resources (https://skeenaresources.com/)Read full newsRead More
Ready Set Gold Corp. is pleased to announce the remaining (7) seRead full newsRead More
K9 Gold Corp. is pleased to announce a non-brokered private placeRead full newsRead 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
Jewellery maker launches lab-made collectionRead full newsRead More
Yellen formerly chaired the US Federal Reserve and made the remark in recorded comments for a virtual event held yesterday."Gold has kicked back to US$1,777 [an ounce] … even though real Treasury yields have moved further negative, which perversely was the source of inspiration behind the move higher yesterday," Pepperstone head of research Chris Weston said.Copper gained as London returned...Read More
Share this article TORONTO - Argonaut Gold Inc. [AR-TSX; ARNGF-OTC] reported financial and operating results for the first quarter ended March 31, 2021. The company reports record quarterly production of 59,704 gold equivalent ounces, record quarterly revenue of $105.3-million, cash flow from operating activities before changes in operating working capital of $27.7-million and net income of $27.0...Read More
(IDEX Online) - Just three countries - Russia, Australia and the Democratic Republic of Congo - jointly produced almost 80 per cent of the world's diamonds last year.Russia was the single biggest diamond producer. It mined 19m carats - just over 35 per cent - according to new data analyzed by the finance website Finbold.Australia and Congo tied for second place, both producing a little over 2...Read More
(IDEX Online) - Sales of jewelry soared in Hong Kong during March compared with the same month last year, when China's special administrative region was in the depths of the Covid crisis. Revenue from jewelry, watches, clocks and other valuable gifts increased by 81 per cent year-on-year, the best performance in any retail sector, according to provisional figures released by the governme...Read More
(IDEX Online) - An Australian start-up aims to fill an industry gap by providing a secondary market for super-rare pink diamonds.Prices are soaring, says Tim Goodman, CEO of yourdiamonds.com, yet private owners encounter problems selling pre-owned pinks.He aims to sell a maximum of 30 stones at his first sale, and to then hold six-monthly tenders. Goodman, a former executive chairman of...Read More
After Bitcoin crashed from $20,000 to $3,400 in 2018, many observers decided the craze was over, and Bitcoin would slowly decline in price and fade into obscurity. But reports of the death of Bitcoin were premature.In 2021, a new mania took hold, and the price surged to $60,000 before backing off a bit. Today it's trading at about $56,871 (Bitcoin is so volatile, it could change by the time you re...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 metalsSpeaking at the RIU Sydney Resources Round-up yesterday, Rosenstreich said he was attracted to the com...Read More