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
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman exploration"The tax burden of copper companies in Chile, which today reaches 40.3%, is in line with other relevant mining districts. Something is not right in a bill which seeks to raise that load to 82%.Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationFirst-quarter royalty payments amounted to US$451,314, the company said in an update on Friday.Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationIvanhoe Mines said construction and commissioning of the phase one, 3.8Mtpa Kamoa-Kakula concentrator plant had been accelerated."We now expect to produce our first copper concentrate by the end of May or early June, months ahead of the original schedule," Kamoa Copper CEO Mark Farren said.Huntsman Set to Exp...Read More
This week's episode features Agnico Eagle Mines' Q1 2021 conference call with CEO Sean Boyd, who discusses the company's efforts on ESG and coronavirus vaccinations, as well as the latest exploration targets at Hope Bay and Canadian Malartic. He also expands on the company's strategy to 'optimize existing assets' in jurisdictions with low geopolitical risk.Also, Revival Gold president and CEO Hugh...Read More
Tasked with talking about the role of mining in society as part of the opening plenary at this year's virtual CIM convention, Anglo American (LSE: AAL) chief executive Mark Cutifani didn't mince words.With a world population of 7.6 billion that's growing toward 9 billion, "the simple fact is that the world cannot survive without mining and our contribution to literally every aspect of modern life,...Read More
It is one thing to get people to do something. It is another to have them keep doing it.Call it recidivism. Call it buyer's remorse. From weight loss to crime, from convenience to addiction. It all looks the same.Sign people on, watch them realize it isn't for them.Tell that to the electric vehicle - especially the purely battery-powered EV - crowd.To be honest, we deal with this all the time arou...Read More
Another reader has washed us out of his hair - K. Miller, a doctor of medicine.This learned physician has endured our "right wing rantings and ravings" long enough.He will endure them no longer.That is because we have trespassed all boundaries of respectable opinion.And our atrocities weigh far greater than the slim benefits we have provided him:Please cancel my subscription. I have listened to yo...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 threat to Deterra's independence is that high-quality royalties of the sort it controls are a red-...Read More
Denison Mines (TSX: DML; NYSE-AM: DNN) is offering to buy JCU (Canada) Exploration Company, a wholly owned subsidiary of Overseas Uranium Resources Development Company Ltd., for cash payments of up to $40.5 million in three instalments and the assumption of JCU's liabilities.JCU (Canada) Exploration Company holds a 10% stake in Denison's 90%-owned Wheeler River project, which Denison describes as...Read More
Last week, Anthony Milewski, a director of International Consolidated Uranium, made the case to our readers that uranium sentiment is finally improving and the nuclear fuel is now having its day in the sun after years in the darkness following the Fukushima nuclear disaster in 2011. Milewski noted that there seems to be a shift in the willingness of governments to discuss nuclear energy openly now...Read More
Osisko Mining (TSX: OSK) has reported the latest drill results from infill and expansion drilling at its 100%-owned Windfall gold project in Quebec's Abitibi greenstone belt, 200 km northeast of Val-d'Or and 115 km east of Lebel-sur-Quevillon.Highlights included drillhole WST-21-0729, which was drilled on the Triple Lynx zone, and intersected 2.7 metres grading 124 grams gold per tonne from 304.9...Read More
Grade control drilling at Artemis Gold's (TSXV: ARTG) Blackwater project in central B.C. has confirmed that the starter pit outlined in a 2020 prefeasibility study contains wide, near-surface intervals of elevated gold grades.Highlights of the reverse-circulation drill program include: 27 metres of 12.5 grams gold per tonne starting at 24 metres depth; 33 metres of 10.4 grams gold per tonne starti...Read More
Fission Uranium (TSX: FCU; US-OTC: FCUUF) has announced a $30 million bought deal public offering, the proceeds of which will be used to advance development of the Triple R deposit in Saskatchewan.The company is issuing 50 million units, each of which is priced at $0.60. Each unit will be comprised of one common share and one-half of a share purchase warrant. Each full warrant will entitle the hol...Read More
Growing up on a farm in northeastern Scotland, Sarah Gordon saw how sustainability was the key to peak agricultural production, and was always aware of the importance of the environment. Choosing a path as an exploration geologist and recognizing the need for a better way of doing things than were being done in the coal mines of the U.K. in the 1980s and 1990s, Gordon saw the mining industry co...Read More
American Eagle Gold Corp. is pleased to announce that effective tRead full newsRead More
Fortuna Silver Mines is acquiring Roxgold. Fortuna shareholders will own 64% of the combined company. The price offered is a 42% premium to the pre-announcement price but is at 0.88x of NAV.Read full newsRead More
Fortuna Silver Mines is acquiring Roxgold. Fortuna shareholders will own 64% of the combined company. The price offered is a 42% premium to the pre-announcement price but is at 0.88x of NAV.Read full newsRead More
Kenorland Minerals Ltd. is pleased to announce that is has acqRead full newsRead More
Golden Lake Exploration is a junior public mining exploration company engaged in the business of mineral exploration and the acquisition of mineral property ...Read full newsRead More
SECACO, Burkina Faso (AP) - For months, human traffickers beat and drugged Blessing,...Read full newsRead More