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
VANCOUVER, BC, April 6, 2021 /PRNewswire via COMTEX/ --VANCOUVER, BC, April 6, 2021 /PRNewswire/ - First Mining Gold Corp. (Read full newsRead More
Auto sales in China surged in March for their 12th consecutive month of gains, as the world's biggest car market leads the sector's recovery from the COVID-19 pandemic.Read full newsRead More
Rio Tinto Ltd said on Friday it has reached a binding agreement with Turquoise Hill Resources Ltd over funding for expansion of the massive Oyu Tolgoi copper-gold mine in Mongolia.Read full newsRead More
Warren Buffet-backed BYD says it's opting for safer nickel, cobalt-free LFP batteries across its entire line-up as its "blade" technology overcomes driving range issues.Read full newsRead More
Spin off to be effective from JuneRead full newsRead More
The Vancouver Real Estate market experienced both record sales and new listings in March. So what does this all mean? A deep dive analysis on the current mar...Read full newsRead More
The Vancouver Real Estate market experienced both record sales and new listings in March. So what does this all mean? A deep dive analysis on the current mar...Read full newsRead More
The miner originally agreed C$10 million but upped the offering by due to strong demand.Read More
Founded in 2003, Engenium has developed a reputation as a trusted multi-discipline engineering and advisory services consultancy.Read More
Share this article TORONTO - Noted mining financier Eric Sprott has increased his stake in New Found Gold Corp. [NFG-TSXV; NFGFF-OTC], a mineral exploration firm involved in the acquisition, exploration and evaluation of resource properties in Newfoundland, Labrador and Ontario. According to information on its website, New Found is currently the largest mineral claimholder in Newfoundland and Lab...Read More
Ready for development copper-gold projectSPONSOREDjosemaria resources incKodiak Copper: A New Copper-Gold Discovery in CanadaSPONSOREDkodiak copperCapella to bring new life to Norway's historic copper sectorSPONSOREDcapella minerals ltdAre mining companies being held back by their board composition? SPONSOREDswannRio unveiled the new financing plan, which aims to cover an estimated US$2.3 bill...Read More
Skeena Resources (TSX: SKE; US-OTC: SKREF) has released an updated resource estimate for the company's Eskay Creek gold-silver project. Located in the Golden Triangle district of northwestern British Colombia, Eskay Creek is a past-producing mine first discovered in 1988 that Skeena initially optioned from Barrick Gold (TSX: ABX; NYSE: GOLD) in 2017, before acquiring 100% ownership in October of l...Read More
Ready for development copper-gold projectSPONSOREDjosemaria resources incKodiak Copper: A New Copper-Gold Discovery in CanadaSPONSOREDkodiak copperCapella to bring new life to Norway's historic copper sectorSPONSOREDcapella minerals ltdAre mining companies being held back by their board composition? SPONSOREDswannRising food prices suggest the agriculture sector is in the midst of a boom.Read More
Chile's Codelco, the world's No. 1 copper producer, is taking Ecuador to international arbitration over the Llurimagua exploration project, which is being jointly advanced by the two nations.The 982-million-tonne Llurimagua copper project, about 80 km northeast of Ecuador's capital of Quito, is in the advanced exploration stage and could become the first mine the Chilean giant operates abroad.T...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) and its majority-owned Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) have reached a deal that ends a standoff between the companies over funding for an expansion of the massive Oyu Tolgoi copper-gold mine in Mongolia.The funding plan addresses the remaining US$2.3 billion needed for the underground project, building on and replacing deals set up under a m...Read More
Canada's Barrick Gold (TSX: ABX; NYSE: GOLD) and Papua New Guinea (PNG) have ended a year-long standoff with an agreement that gives the country's government a majority stake in the Porgera gold mine and outlines plans to restart operations.The agreement sets up a new joint venture, in which PNG stakeholders have a 51% stake and Barrick Niugini Limited (BNL) 49%. The partnership owns the gold mine...Read More
After a multi-month correction in gold, fear and frustration are apparent among gold investors. But today, I'd like to present a case for sticking with gold. Here it is in a nutshell:As long as politicians spend wildly and the Fed keeps monetary policy loose, the case for gold will remain compelling. And both are likely to continue for a long time.It also has to do with supply. The amount of gold...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationCodelco said its relationship with Ecuador and Enami was based on a 2008 binational agreement and the subsequent signing of multiple agreements by the two nations and the two countries. In 2015, Enami and Codelco signed the terms of a shareholder agreement to form a joint venture company to take Llurimagua fo...Read More
For more than a year now, I've been arguing that the rate of inflation isn't what the government or the Fed says it is.It's actually much higher.And I'm not the only one who thinks so. As we get further and further into the "recovery" more and more data is coming to light to prove my point. However, it's not enough just to accept that we're being lied to. It's just as important to talk about wh...Read More
Skeena Resources (TSX: SKE; US-OTC: SKREF) released an updated resource estimate for the company's flagship Eskay Creek gold-silver project. Located in the Golden Triangle district of northwestern British Columbia Eskay Creek is a past-producing underground mine first discovered in 1988, that Skeena initially optioned from Barrick Gold (TSX: ABX; NYSE: GOLD) in 2017, before acquiring 100% ownershi...Read More