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
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 today, Canaccord analyst Paul Howard pointed to the incr...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) vowed today to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at its Kamoa-Kakula joint-venture in the Democratic Republic of Congo (DRC), as the project nears first copper production.The miner said it was committed to work with Kamoa-Kakula's partners to ensure it becomes the first net-zero operational carbon emitter among the worl...Read More
Starr Peak Mining (TSXV: STE; US-OTC: STRPF) has reported initial assays from its first drill program on its NewMetal property in Quebec's Abitibi greenstone belt, immediately adjacent to the town of Normetal and about 140 km northwest of Val-d'Or.Highlights included drillhole STE-21-08, which intersected 12.10 metres grading 20.94% zinc, 0.43% copper, 39.58 grams silver per tonne, and 0.21 grams...Read More
The Canadian Mining Hall of Fame is now accepting nominations for individuals who have demonstrated leadership and outstanding achievement in the mining industry. "Canada's mining industry is essential and plays a key role in driving our economy forward while also being recognized as a global leader in sustainable practices," Pierre Gratton, chair of the Canadian Mining Hall of Fame and president...Read More
Soaring metals prices may be good for miners, but they risk the ongoing transition to clean energy as batteries, solar panels and wind turbines need considerable amounts of copper, nickel, cobalt, lithium and other minerals to be manufactured, a report warns.According to The International Energy Agency (IEA), reaching the goals of the Paris climate agreement would result in a quadrupling mineral d...Read More
The fear of runaway inflation in the U.S. has taken hold of the market.Last week Chairman Jerome Powell announced the Federal Reserve would keep its benchmark short-term rate near zero while allowing inflation to run hotter than normal. Powell said, "With inflation running persistently below 2%, we will aim to achieve inflation moderately above 2% for some time, so that inflation averages 2% over...Read More
McDermitt puts Jindalee at top of US lithium stock-pileSPONSOREDjindalee resourcesJust how much it was over the odds depends on a whole bunch of assumptions. But the pundits will tell you it was something like $150-250 million too much.Read More
Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDRemembering the lessons from the last gold bull marketSPONSOREDsrk consultingGregory told the RIU Sydney Resources Round-up the company was investing in exploration and di...Read More
In the first three months of 2021, the Pan heap leach mine in Nevada generated 10,915 oz of gold, a 19% increase over the prior quarter.Read full newsRead More
Company dubbed 'the new Randgold'Read full newsRead More
Country risk restrains investment despite high pricesRead full newsRead More
Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company") announces its subsidiary company, East Side Games Inc. ("ESG"), has entered into a publishing and IdleKit partnership agreement with Game Masons, LLC ("Game Masons") for the world-wide release of a mobile game on iOS and Android (the "Partnership").The game will be developed in-house by Game Masons, leveraging ESG's proven Idle...Read More
It was worth $1,792/oz at the time of writing.Meanwhile Orefinders Resources' spin-out American Eagle Gold (TSXV: AE) started trading yesterday, having raised C$3.6 million at 20c per share.Part of the Ore Group, insiders and management own 44% of the company, which is focused on its flagship Golden Trend asset in Nevada adjacent to Barrick Gold and Newmont's Goldrush joint venture.It said its VP...Read More
First-quarter royalty payments amounted to US$451,314, the company said in an update on Friday.Read More
Share this article VANCOUVER - United Lithium Corp. [ULTH-CSE; ULTHF-OTC] signed a letter of intent with Sunstone Metals Ltd., Scandian Metal Pty. Ltd., Scandian Metals AB and Nortec Minerals Corp. contemplating the potential acquisition by the company of 100% of the Kietyonmaki lithium project in Finland.The Kietyonmaki lithium project, located in the Kietyonmaki lithium prospect, was discovered...Read More
(IDEX Online) - Two shipments of counterfeit jewelry, including hundreds of fake Cartier and Hermes items, have been seized by customs officers as they entered the US from China.The total haul would have been worth almost $3.2m if genuine. The shipments, intercepted in Cincinnati, Ohio, were were headed to private residences in Jeffersonville, Indiana, and Miami Beach, Florida, according to a...Read More
(IDEX Online) - Pandora today announced it is ditching mined diamonds entirely, in favor of sustainable lab-grown stones.The Danish jewelry giant said the move was part of its ethical and carbon neutral strategies that have also seen it outlaw the use of newly-mined gold and silver and use only recycled precious metals.Pandora gas pledged to achieve complete neutrality by 2025 and says that by nex...Read More
(IDEX Online) - The IDEX Polished Price Index rose 0.73 per cent during April, and remains at its highest point since June 2019. It increased 0.80 per cent in March after a flat February. Throughout most of April the Index fluctuated slightly, but it dipped then rose in the final week of the month. It closed at 124.04. The average daily value of the Index through the month wa...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe convertible debenture will have a five-year term, carry an 8% coupon and will be convertible into stock at a share price of C$10.82.Read More