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
Supply remainsRead full newsRead More
A resource update is underway with results expected in the second quarter.Read full newsRead More
Elections herald a time of change in Latin AmericaRead full newsRead More
A resource update is underway with results expected in the second quarter.Read full newsRead More
China will ensure its crude steel output falls in 2021 and launch a nationwide investigation into the implementation of steel capacity cuts since 2016, industry regulators said on Thursday, as the country aims to meet goals to curb emissions.Read full newsRead More
US$174B investment to power up sectorRead full newsRead More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) announces that Mr. Steve Blower, Vice President, Exploration has resigned, effective April 30, 2021. Tim Gabruch, President and Chief Executive Officer commented: "On behalf of the Company, I would like to thank Steve for his efforts and contribution since 2016 in his role as Vice President Exploration and wish him all the best in...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) ("Venzee" or the "Company") a smart tech platform that automates the distribution of consumer-facing product information to retailers, is pleased to announce the Company has received over $1.6M from the exercise of warrants in Q1 2021.According to Venzee Technologies COO, Peter Montross, "In addition to the $2.1M in financing closed last Decem...Read More
The "American Jobs Plan" also included a $174 billion investment "to win the EV market".Base metals closed higher, except aluminium, on the London Metal Exchange, where copper was up 0.2% to $8,787.75 per tonne.Market futures were mixed.Gold has risen back above $1,700 an ounce and was worth $1,709/oz at the time of writing.Telson Mining (TSXV: TSN) shot up in Toronto as it eyes near-term gold pro...Read More
Funding will come by reversing some of the cuts to the corporate tax rate enacted by his predecessor Donald Trump, bumping it to 28% from 21% (Trump reduced it from 35% to 21%) as well as forcingRead More
Share this article VANCOUVER - Great Atlantic Resources Corp. [GR-TSXV; PH0-FSE] reported gold assays for prospecting rock samples and drill core samples from its 100%-optioned Golden Promise property, located within the central Newfoundland gold belt. All three drill holes from the 2020 program intersected gold-bearing veins, extending the Jaclyn North Zone (JNZ) quartz vein system approximately...Read More
Share this article TORONTO - Kirkland Lake Gold Ltd. [KL-TSX, NYSE; KLA-ASX] filed a NI-43-101 technical report for its 100%-owned Detour Lake mine, northern Ontario. All dollar amounts are expressed in U.S. dollars unless otherwise indicated.Highlights of the 2021 life-of-mine plan (LOMP) include production of 680,000 to 720,000 ounces from 2021 to 2024, growing to 800,000 ounces in 2025 and rea...Read More
(IDEX Online) - The Lulo mine, in Angola, has yielded three more stones over 100 carats, bringing the total since it opened in five years ago to 22.Lucapa Diamond Company says it recovered a 131-carat is a Type IIa D-color diamond, a 118-carat brown diamond and a lower quality 133-carat grey diamond.All three were found at the highly prolific Mining Block 46 of its alluvial mine downstream of the...Read More
(IDEX Online) - One of the world's rarest and most sought-after watches, a Patek Philippe Reference 2523 with Eurasian Dial, is to be auctioned. It is valued at over $3.7m.The newly-discovered timepiece (pictured) is being offered for sale by Phillips, in association with Bacs & Russo, at the Geneva Watch Auction: XIII on 8-9 May. It was recently discovered in an important European collec...Read More
IDEX Online) - The more dominant movement was upwards for both rounds and fancies in March. There was little activity among fancies, but smaller goods reversed many of the losses suffered in February.RoundsThere was mixed activity in goods of most sizes during March, with little movement among smaller stones, notably 0.18-0.29 cts and 0.50-0.69 cts. One carats (1.00-1.24 cts) saw a smattering...Read More
Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalHot Chili rises to the topSPONSOREDhot chiliMarimaca timing its run to meet resurgent demand for copperSPONSOREDmarimaca copperFilo del Sol copper-gold-silver advanced explorationSPONSOREDfilo miningFunding will come by reversing some of the cuts to the corporate tax rate enacted by his predecess...Read More
Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalHot Chili rises to the topSPONSOREDhot chiliMarimaca timing its run to meet resurgent demand for copperSPONSOREDmarimaca copperFilo del Sol copper-gold-silver advanced explorationSPONSOREDfilo miningIt is the second major upgrade for metals prices since September 2020. In revising its three-year...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationJulimar is the COVID-gloom busting discovery in March last year that has propelled Chalice's market cap from $42 million pre-discovery to a thumping $1.Read More
Argonaut Gold (TSX: AR) has reported that the sale of its Ana Paula gold project in Mexico, approximately 180 km south of Mexico City, has fallen through as the purchasing company, AP Mining, could not fulfil its financial and certain regulatory and other approvals.Argonaut's president and CEO Peter Dougherty stated in a press release that "after extending the agreement once already, we feel we a...Read More
UEX (TSX: UEX; US-OTC: UEXCF) has reported drill results from the Michael Lake zone on its 100%-owned West Bear cobalt-nickel deposit in the eastern Athabasca basin of Saskatchewan, about 740 km north of Saskatoon.Highlights include drillhole MIC-007, which intersected 9.5 metres grading 0.39% cobalt and 0.62% nickel starting from 77.5 metres, including 2 metres of 1.58% cobalt and 1.96% nickel....Read More