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
We created the VRIFY School of Mining Promotion video in an effort to make light of the mining promoter one-liners we've all grown much too familiar with. Si...Read full newsRead More
Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (Read full newsRead More
Miners will find themselves at the centre of global decarbonisation effortsRead full newsRead More
VANCOUVER, BC, April 12, 2021 /CNW/ - Filo Mining Corp. (TSXV: FIL) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) ('Filo Mining', or the ...Read full newsRead More
Prices steady as new sources of demand offset exchange traded fund outflowsRead full newsRead More
VANCOUVER, BC, April 12, 2021 /CNW/ - Filo Mining Corp. (TSXV: FIL) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) ('Filo Mining', or the ...Read full newsRead More
Precious metal holding up well, says HamiltonRead full newsRead More
Led by the tech sector, the benchmark index in New York closed up 0.33% yesterday to 4,141.59.The gold price has gained from this point yesterday, to US$1,745 an ounce on the spot market.Talk of rising US inflation could further improve sentiment for gold as a hedge against inflation.Nevada-focused i-80 Gold (TSX: IAU), a spin-out following Equinox Gold's acquisition of Premier Gold Mines, lost 7....Read More
While the AIM-listed miner has seen no marked increase in cases at its Kounrad operation in Kazakhstan, CAML said there had been "a larger number of cases at Sasa and in the nearby towns, coincidingRead More
Share this articleThe province appeals to mining investors because it's able to match its relatively strong endowment with competitive policies As Newfoundland and Labrador deals with the effects of COVID-19 and recession, good news economic stories appear to be in short supply. However, a recent survey of investors sheds light on the province's mining potential.Mining plays an important role in...Read More
(IDEX Online) - The GIA has won a trademark infringement suit against another grading lab - AIG Belgium - over its use of a "look-alike logo".A Belgian court said it would impose a fine of up to $600,000 for any future use of the offending seal design or of the standalone letters AIG.It referred to AIG's "attempt to sail on the success of GIA's marks".Online visitors to AIG Belgium...Read More
(IDEX Online) - Antwerp's first-quarter exports of rough were up by almost 40 per cent by value as markets continued their recovery from the depths of the Covid pandemic.Total sales were almost $2.6bn - up just over 14 per cent by weight to 25.8m carats - according to new figures from the Antwerp World Diamond Centre (AWDC).The combined value of traded rough diamonds - imports plus exports -...Read More
(IDEX Online) - A man has admitted hiring a killer to shoot his father, a well-known jeweler in Texas, USA and has been sentenced to 35 years in prison.Nicolas Patrick Shaughnessy, 22, entered a guilty plea to a capital murder charge, following the death of his father Ted in March 2018.He reportedly hoped to profit from $2m in life insurance - to which he was sole beneficiary - as well as bu...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationWhile the AIM-listed miner has seen no marked increase in cases at its Kounrad operation in Kazakhstan, CAML said there had been "a larger number of cases at Sasa and in the nearby towns, coincidingRead More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe company said the latest results were from drilling targeting extensions of the volcanic-hosted massive sulphide associated mineralisation at the La Romana discovery, about 15km west of First Quantum Minerals' Las Cruces copper mine.A highlight intercept of 23m at 1.06% copper-equivalent from 27m also incl...Read More
Robert Friedland, the founder and executive co-chairman of Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) gave a keynote presentation at this year's virtual CRU World Copper Conference. Filmed from his home in Singapore on April 13, the billionaire spoke about what the electric future will look like and what needs to happen to the supply chain to get there. He also called copper a "national security issu...Read More
Osisko Metals' (TSXV: OM; US-OTC: OMZNF) Pine Point project in the Northwest Territories has "all the ingredients you want for an outstanding base metals project," says the company's Chairman and CEO Robert Wares.The past-producing zinc-lead project, located about 60 km east of Hay River, benefits from established infrastructure, including an onsite electrical substation that provides low-cost hyd...Read More
Final results for nine holes drilled as part of a 16,418-metre, 32-hole drill program completed last year at HighGold Mining's (TSXV: HIGH; US-OTC: HGGOF) gold-polymetallic project in southcentral Alaska expand mineralization by 180 metres down-plunge, and on strike of earlier step-out intercepts. Overall, the 2020 drill program expanded the gold-copper-zinc-silver-lead mineralization to a total s...Read More
Lithium shares are on a roll after investment bank Macquarie (ASX: MQG) joined peers in predicting a further increase in prices for the key battery metal driven by increasing demand from the electric vehicles (EVs) sector, which is expected to push the market into undersupply.Analysts at the bank are now forecasting prices to rise by between 30% and 100% for the next four years."Our bullish EV dem...Read More
Cassiterite tin mineralisation was intersected in eight drill holes that were part of a recently completed 7,600m programme. The tin mineralisation is believed to be hosted by multiple, flat-dipping lenses, with each lens up to 12m thick with horizontal dimensions of about 200m.Highlights included 12m grading 3.05% tin, including 2m grading 5.43% tin, which was intercepted 40m above a zinc interce...Read More