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
The good news: this bull market will run for months and months.The bad news: stock gains will be lean. The lion has already taken his bites.This is the studied conclusion of crack financial journalist Mark Hulbert. He has ransacked market history and interrogated the data.Stock market rhythms stretching to 1900 inform him that:This bull market's strongest gains are behind us. That's the conclusion...Read More
A Bloomberg article reported yesterday that New York-based real estate investor and developer, Kent Swig, secured $6 billion in "gold reserves" for a new gold-backed cryptocurrency.The article says the new digital token, named DIGau, will be pegged to gold's market price.And it mentions DIGau will be "guaranteed by liens Swig and partner Stephen Braverman's company, Dignity Gold, secured against m...Read More
New Pacific Metals Corp. is pleased to announce that the CompanyRead full newsRead More
The solar-plus-storage facility will reduce heavy fuel oil consumption by 13.1 million liters per year.Read full newsRead More
NetworkNewsWire Editorial Coverage: Plant-based foods are proving they are re not just a passing vegan fancy. Whether its bean-based burgers or veggie pizzas, the plant-based food trend in the North America has grown from virtual obscurity to become an important segment of the North American diet. Several drivers have spurred phenomenal growth in the sector ... Continue readingRead full newsRead More
President and prime minister expected to keep firm grip on miningRead full newsRead More
Environmentalists and tribal leaders are fighting a plan by K2 Gold to sell its mining claims to a large corporation for development.Read full newsRead More
Miner's heritage woes spread to another continentRead full newsRead More
Environmentalists and tribal leaders are fighting a plan by K2 Gold to sell its mining claims to a large corporation for development.Read full newsRead More
"Comments from Chinese Premier Li Keqiang weighed on markets as it is the second time in just a few days top officials talk about cost controls after last year's surge in commodity prices," Marex Spectron's Anna Stablum said.Nickel closed down almost 3% on the London Metal Exchange and copper was down 0.79% to US$8,864.25 per tonne.Gold has ranged from about $1,684 to $1,756 an ounce over the past...Read More
Share this article VANCOUVER - Alpha Lithium Corporation (TSX.V: ALLI) (OTC: ALLIF), sole owner of one of the last large, undeveloped salars in Argentina's Lithium Triangle, reported that it has commenced drilling the deepest production well ever undertaken in the third phase of its inaugural drilling program in the Tolillar Salar.Alpha continues to drill with two rigs. One of the two has now mov...Read More
(IDEX Online) - An Australian man has appeared in court charged with insider trading over a high-value diamond discovery.He's alleged to have bought up shares in Lonhro - now Lucapa - for a family member when he learned of a high-value diamond discovery the company had made in Africa back in 2012.The find was only made public five days later, by which time the shares bought had increased in v...Read More
(IDEX Online) - India's gross exports of gems and jewelry saw "remarkable growth" in March as they surged by over 78 per cent year-on-year.Foreign sales took a huge hit for most of the financial year which has just ended, but rallied significantly in the three months since January, according to news figures from trade body Gem and Jewellery Export Promotion Council (GJEPC).Overall exports fel...Read More
Ahead of an upcoming prefeasibility study expected this quarter on a restart of the Kiena mine complex in Quebec, Wesdome Gold Mines (TSX: WDO) has announced the results of bulk sample processing from the high-grade Kiena Deep A zone. The processing results slightly exceed the grades suggested in the December 2020 resource for the underground complex and confirm the continuity of the high-grade...Read More
Eloro Resources (TSXV: ELO) has released results from five holes drilled at its Iska Iska silver-polymetallic deposit in southern Bolivia, where a 50,000-metre drill program is underway.Highlights from drilling at the Santa Barbara Breccia pipe (SBBP) included 73.3 metres of 155.15 grams silver equivalent per tonne (including 5.99 grams silver per tonne and a high tin component of 0.43%) from 402....Read More
Field geologists - those lucky souls - contend with a lot of wildlife. We hike, bang rocks, hike some more, eat lunch, watch cute critters: all very National Geographic. But the reality is somewhat more sinister. There's payback for being so perfect. We have bloody great targets on our backs; huge red letters etched into our skin that spell "Eat Me" to anything that flies, slithers or walks.Most o...Read More
At midday on April 10, a 41-round Death Gun Salute was fired across the U.K. to mark the passing of Prince Philip, Duke of Edinburgh.We are accustomed to gun salutes in London. As well as for royal births, the birthdays of Prince Philip and the Prince of Wales, the opening and closing of parliamentary sessions, and for State visits, guns are fired to celebrate anniversaries of Queen Elizabeth II's...Read More
This week's episode features Louise Pearce, Managing Partner, Mining (Global), at ERM, in conversation with Northern Miner editor-in-chief Trish Saywell at the Global Mining Symposium on Feb. 24, 2021. Pearce explains how the mining industry's challenges in ESG can be turned into opportunities, particularly in regard to the handling of mine closures and tailings dams. This week's episode is spons...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationYellow metal production is forecast to grow 154% from 125,000 ounces in 2020 to 318,000oz in 2024 due to production increases at Hudbay's Snow Lake operation in Manitoba, Canada, where the company'sRead More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationBalkanization refers to fragmentation of globally integrated supply chains that have been global economic drivers for the past 20 years.Read More