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
While prices for most material used in construction, including steel, copper and timber, are close to all-time highs, it has been a much slower recovery for the commodities more commonly known asRead More
Share this article TORONTO - Uranium Participation Corp. [U-TSX] said Wednesday April 28 that it has signed an agreement with Sprott Asset Management LP, a unit of Sprott Inc. [SII-TSX]. Under the deal, UPC shareholders will become unitholders of the Sprott Physical Uranium Trust, a newly formed entity to be managed by Sprott Asset Management.UPC shares advanced on the news, rising 3.8% or 19 c...Read More
(IDEX Online) - Jewelry buyers in western Europe are more likely to embrace lab-grown diamonds than those in the USA, says new research.Forty-one per cent said they'd bought or been given an LGD, compared with 32 per cent in the USA.More than 1,500 consumers in France, Italy, Germany, Spain and Great Britain took part in the survey, by market research consultants The MVEye. They had all spent...Read More
(IDEX Online) - Greenland's first ruby mine is receiving a huge financial boost with an $18m investment from a mining financier.It's been described as "one of the largest financings in colored gemstone history".Greenland Ruby opened its Project Aurora ruby and pink sapphire mining operation at Aappaluttoq, in the southwest of the country, in 2017 and predicts the deposit has a 10-year li...Read More
(IDEX Online) - Diamond Foundry aims to increase its production of lab-grown diamonds to 5 million carats a year.The Silicon Valley start-up, which counts Leonardo DiCaprio among its high-profile backers, plans to open a second factory abroad as it ramps up production from 500,000 carats by next year.The company, launched in 2012, has just received a new cash injection of $200m, taking its valuati...Read More
(IDEX Online) - A jeweler was shot dead during an armed raid at the store she ran with her husband in Indianola, Mississippi, USA.Jamie Iverson, 67, was working alone at Paul's Jewelry, on Friday morning, when two masked men walked in. She was reportedly shot in the head and later died of her injuries in hospital.She and husband Rodney had been married for 43 years. They had run the store and...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationResidents are demanding the company undertakes a consultation process and respects their decision to stop large-scale mining, reported local media.Read More
Emmerson's premium offeringSPONSOREDemmerson plcAlto emerging on song at SandstoneSPONSOREDalto metalsTowards Sustainable Mining Tailings Guidance Aligns with Global StandardSPONSOREDthe mining association of canadaWMX resetting the base for new Wiluna futureSPONSOREDwiluna mining corporationThe miner produced 47.Read More
Emmerson's premium offeringSPONSOREDemmerson plcAlto emerging on song at SandstoneSPONSOREDalto metalsTowards Sustainable Mining Tailings Guidance Aligns with Global StandardSPONSOREDthe mining association of canadaWMX resetting the base for new Wiluna futureSPONSOREDwiluna mining corporationChalice said last week that it was delaying its hotly anticipated maiden resource from mid-year until t...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationAnd because copper has stormed off to highs of more than US$4.40/lb, Newcrest's copper exposure is set to become increasingly important in the market's rating of the stock.Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationEBITDA amounted to US$811 million in Q1, with copper sales up 11% year-on-year to 211,000 tonnes. Net direct cash costs of US$1.15/lb at Cobre Panama in Panama, $1.18/lb at Kansanshi and $1.Read More
Be it gold, copper or uranium, the African continent has powerful resources for mining. And there are several industry-friendly governments that are ready to secure their futures with new resource projects.AFRICAN GOLD GROUPAfrican Gold Group (TSXV: AGG; US-OTC: AGGFF) has set its sights on building Africa's next mid-tier gold producer. A definitive feasibility study was filed in July 2020 for its...Read More
Northern Dynasty Minerals (TSX: NDM; NYSE:NAK), the company behind the controversial Pebble copper-gold-molybdenum-silver project in Alaska, has released an environmental, social and governance (ESG) report for the proposed mine, as it awaits the results of an appeal to the U.S. government's decision to block the development.The Vancouver-based gold junior, which early this year appealed the U.S....Read More
A new report suggests that recycled metals could meet a significant part of the rising demand from electric vehicles (EVs), decreasing some of the need for new mine supply.The report, Reducing new mining for electric vehicle battery metals, was prepared by the University of Technology Sydney's Institute for Sustainable Futures for Earthworks - an environmental non-profit organization. It focused o...Read More
The U.S. Department of Energy's Critical Materials Institute is giving Toronto-based junior First Cobalt (TSXV: FCC; US-OTC: FTSSF) US$600,000 over two years for research on mineral processing techniques for the company's Iron Creek copper-cobalt project in Idaho.The funding, matched by the company, will be spent on "identifying more efficient and environmentally friendly methods to process cobalt...Read More
Residents are demanding the company undertakes a consultation process and respects their decision to stop large-scale mining, reported local media.Read More
How much wealthier - or poorer - would you be today absent 50 years of government economic regulation?That is, how much wealthier or poorer would you be… had the United States government stood paws off these past 50 years?Your choices are these:A): 3.0 times wealthierB): 1.86 times wealthierC): 3.8 times poorerD): 4.2 times poorerPerhaps you would be identically rich or identically poor, des...Read More
President Joe Biden is scheduled to present his American Families Plan today - in which he seeks $1.9 trillion to pay for programs designed to support families and children.Among those programs include at least two years of free community college for adults, paid family leave, providing more affordable childcare, and implementing preschool as a standard in education.To pay for all this, Biden's pl...Read More
Enters Memorandum of Understanding with the Bureau of Land Management and Engages Environmental Assessment ConsultantVANCOUVER, BC, April 26, 2021...Read 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