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
A man shovels himself deep into a hole. He then wishes to climb out. What must he do first?He must stop the digging.Yet the United States government has shoveled itself into a $28 trillion hole. How does it plan to rise out of it?By digging deeper... and deeper... and deeper.Within one year... the United States government has shoveled up nearly $6 trillion of "pandemic relief."$6 trillion is plent...Read More
Geologists are on the verge of an extraordinary new gold discovery in Canada.Located deep in the remote mountains of Newfoundland, a crack team of Earth scientists is rapidly and aggressively developing what they believe could become one of the highest-grade gold deposits on the planet...One that could be worth billions of dollars...And one that could make today's investors magnificently rich.Gold...Read More
FY20 earnings jumped 54% despite Sukari woesRead full newsRead More
Ottawa, Ontario--(Newsfile Corp. - March 23, 2021) - KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (Read full newsRead More
/PRNewswire/ - Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) (Read full newsRead More
Rio outlines its plans to improve cultural heritage and community relationsRead full newsRead More
Vancouver, BC March 23, 2021 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce the 2021 exploration plan for the Long Valley gold and silver project ("Project"). The plan includes drill testing the highest priority shallow oxide resource growth targets and the underlying sulphide feeder structure targets. In addition, KORE's exploration strategy wi...Read More
Gold could surge back above US$2,000/oz, depending on inflation tolerance of central banksRead full newsRead More
Satori Resources is about to start drilling at the Tartan Lake gold mine project near Flin Flon.Read full newsRead More
Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF), Canada's leading free-to-play mobile game group, announces that its subsidiary studio, East Side Games, is set to launch a non-fungible token ("NFT") game creation toolset called NFTKit for its IdleKit platform. The company plans to release the first offering of NFTs as prizes, within select games, the week of April 20th, 2021.Top performing players wi...Read More
Northam said it would fast track the buyback of 31.4% of shares in Zambezi.Read More
The contractor said its order book at the end of December totalled $212.8 million, compared with $142.1 million at the end of 2019, while its total sales pipeline had $539.9 million of potential work in it."In the short to medium term, the sales pipeline is expected to normalise and increase with further tactical acquisitions and joint ventures supporting performance," the company said.Master Dril...Read More
Share this articleLOS ANGELES - Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) an award-winning, industry-leading drone solutions, and systems developer, reported that it has signed a $1M services deal to deploy EagleEye?,,? AI flight services with Windfall Geotek Inc. (TSX-V: WIN) (OTCQB: WINKF).Windfall Geotek flies mining prospect with magnetometers. The data is placed into EagleEye?,,?...Read More
(IDEX Online) - A necklace featuring 120 carats of rare Golconda diamonds mined over 200 years ago is on the market, priced at $1.366m.It was originally made for a royal family in India in the 1900s, according to sellers Lotus Arts de Vivre, in Bangkok, Thailand.They are also offering for sale a number of other Golconda pieces, priced between $32,000 and $315,000.The famed Golconda mines operated...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationWhile copper swept to near record highs early in 2021, Liberum noted the same has also been true for other metals, such as PGMs and iron ore - as the easing of lockdowns and roll-out of vaccinesRead More
This week's episode features Rohan Reddy, research analyst at Global X, a New York-based provider of global exchange-traded funds, including the Global X uranium ETF. In this wide-ranging interview, Reddy explains how uranium is positioned to be one of the best-performing commodities in the coming years, with the construction of nuclear reactors in China and India, as well as the improving percept...Read More
The West African mining industry has seen significant fundraising activity since October last year, driven by higher metal prices and the need to meet a growing global demand for metals, particularly those needed for electric vehicles and renewable energy.For Capital (LSE: CAPD), a mining service provider that has spent the last two years expanding into West Africa, lack of exploration spend, fla...Read More
With a prefeasibility study (PFS) expected to be complete in the second quarter, gold miner Wesdome Gold Mines (TSX: WDO) has announced the discovery of a high-grade gold zone at its past-producing Kiena mine in the Val d'Or area of Quebec.The latest discovery is in the footwall of the higher-grade Kiena Deep A zone. Drill highlights from this area included 22 metres of 11.9 grams gold per tonne;...Read More
Troilus Gold (TSX: TLG; US-OTC: CHXMF) plans to expand its position in Quebec's Frotet-Evans greenstone belt by 33% through an all-share acquisition of junior UrbanGold Minerals (TSXV: UGM). The two companies have entered into a definitive agreement with Troilus offering 0.3004 of a Troilus share for each UrbanGold share, which equates to an offer of 30 ? a share, and is a 35.3% premium based on 2...Read More
Australia's Lucapa Diamond (ASX: LOM) has reported a 35% increase in the resource carats at its Lulo diamond mine in Angola, where the company found a 113-carat white diamond in January.Despite a reduction in grade to 6.86 carats per 100 cubic metres, which Lucapa said was a result of adjusting the mining dilution factor, the mine's in-situ resource now sits at 135,900 carats at a modelled ave...Read More