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
Glencore's board approved on Thursday the proposed pay package for incoming chief executive Gary Nagle, despite coming under fire from proxy groups and some investors in recent weeks.Nagle, who is set to take over Ivan Glasenberg at the end of June, will receive up to US$6.4 million in any one year, as 40% of his bonuses will be held back until two years after he leaves his post. This ignores any...Read More
Mineral exploration and mining companies need to adopt a "proactive approach" to managing climate-driven impacts on infrastructure built on permafrost, says Christopher Stevens, senior consultant at SRK Consulting (U.S.), Inc. Surface infrastructure including roads, airstrips, buildings, and tailings dams often relies on permafrost's frozen state for stability. These structures, however, are beco...Read More
The company said the Minnesota Supreme Court had resolved a key legal challenge to the permit to mine and dam safety permits, overturning a lower court decision that had ordered an open-ended contested case hearing and instead limiting the contested case hearing to one specific, narrow issue.This was the effectiveness of bentonite clay capping for the eventual closure of the tailings basin and Pol...Read More
Wither seeking maximum advantage from Kambalda addressSPONSOREDmaximus resourcesTowards Sustainable Mining Tailings Guidance Aligns with Global StandardSPONSOREDthe mining association of canadaColluli poised to disrupt potash marketSPONSOREDdanakaliFort Cady well positioned for the coming boomSPONSOREDamerican pacific borates limitedThe company produced 271,312 tonnes of copper in the quarter, 7,2...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe company produced 57,354 tonnes of copper, 33,365t of zinc, 34,000 ounces of gold and 5,354t of nickel in the quarter."Our operations performed well in the first quarter. Candelaria and Chapada significantly increased mill throughput quarter-over-quarter and a new record for zinc ore was set at Zinkgruvan....Read More
Wither seeking maximum advantage from Kambalda addressSPONSOREDmaximus resourcesTowards Sustainable Mining Tailings Guidance Aligns with Global StandardSPONSOREDthe mining association of canadaColluli poised to disrupt potash marketSPONSOREDdanakaliFort Cady well positioned for the coming boomSPONSOREDamerican pacific borates limitedSome 200m below the Vermelhos mine the company intersected 13.8m...Read More
AEX was forced to halt work on the project in February after COVID-19 caused significant delays and cost overruns.Read More
The question I'm (figuratively) asking every company as we emerge from the pandemic is this: What did you learn?No doubt, for a lot of businesses, the coronavirus was an abject disaster. Those that rely on commercial traffic (i.e., airlines, car services) stood no chance.But for others, the pandemic posed a navigable challenge - an opportunity to innovate, adapt, streamline, and ultimately improve...Read More
Today the black crepe hangs from our window. Our heart is heavy, our eyes watery, our legs wobbly…For we are sunk in bottomless grief. Time prints the obituary notice:"The Free Market Is Dead."Alas, it is true - our agents confirm it. The free market is indeed dead, cold and stiff under six feet of earth.Last night the president danced a merry jig upon the grave.He would nose his way into ev...Read More
Vancouver, British Columbia TheNewswire - April 28, 2021 VolcanicRead full newsRead More
Enters Memorandum of Understanding with the Bureau of Land Management and Engages Environmental Assessment ConsultantVANCOUVER, BC, April 26, 2021...Read full newsRead More
On track to meet FY21 guidanceRead full newsRead More
Vangold Mining Corp. is pleased to announce that Robert SedgemoreRead full newsRead More
iGrow News, Indoor Vertical Urban Farming using Hydroponics, Aeroponics, and Aquaponics. Shipping Container Farms, Greenhouse Farms. Residential Growing Appliances, Led Lighting, Robotics, Automation, Sensors. Pre-Owned Container Farms, Rooftop FarmsRead full newsRead More
Enters Memorandum of Understanding with the Bureau of Land Management and Engages Environmental Assessment ConsultantVANCOUVER, BC, April 26, 2021...Read full newsRead More
Decarbonisation, EV growth trigger analysisRead full newsRead More
Enters Memorandum of Understanding with the Bureau of Land Management and Engages Environmental Assessment ConsultantVANCOUVER, BC, April 26, 2021...Read full newsRead More
Royalty bill would harm investmentRead full newsRead More
A concentrate grading 63% nickel and 1% cobalt was produced.Read full newsRead More
Marex Spectron's Alastair Munro from the LME desk said copper for three-month delivery had rallied intraday to US$9,965 per tonne, "a stone's throw" from the 2011 all-time high of $10,190/t.Gold was worth about $1,775 an ounce on the spot market at the time of writing.Among the market movers in Toronto, Galleon Gold (TSXV: GGO) gained 22.7% to C13.5c on reporting a near-surface 6m intercept gradin...Read More