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
PHOENIX, March 15, 2021- 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company") announced today that it has entered into definitive agreements with both the land owner and an affiliate of Innovative Industrial Properties, Inc., ("IIPR") to build an up to 558,000 square foot cultivation and production facility in Illinois. This would mark the largest such facility in the state...Read More
Under the C$343 million deal, Evolution is offering $2.65 per share, a 46% premium to the Friday close. Battle North (TSX: BNAU), which is the rebadged Rubicon Minerals redeveloping its Bateman (formerly Phoenix) gold project, reached an all-time high of $2.62 intraday before closing at $2.60. Still in Toronto, uranium play Denison Mines (TSX: DML) rose 14.79% ahead of its shares being a...Read More
The new equity is priced at $1.50 per share.Read More
Share this article VANCOUVER - Golden Independence Mining Corp. [IGLD-CSE] reported the next series of drill results from its recently completed 2020 resource expansion drill program at the Independence Project, south of Battle Mountain, Nevada. Results from these four reverse circulation (RC) holes include 9.11 g/t gold and 25.2 g/t silver over 80 feet (24.4 metres), including 12.06 g/t gold and...Read More
(IDEX Online) - VILLAGERS in south-eastern Zimbabwe claim they're being evicted from their homes to make way for gold and diamond mining - rather than dairy farming.Over 12,000 residents of Chilonga Village, in Chiredzi, say the project proposed by President Emmerson Mnangagwa is a "cover story".They say the real reason they're being removed is to allow large-scale mineral extraction in...Read More
(IDEX Online) - A jeweler was robbed of his $500,000 Richard Mille watch by an armed gang as he sat at a restaurant table in Beverly Hills, California, USA.Shay Belhassen reportedly grabbed a gun from one of the three hooded raiders and wrestled them to the ground but they made off with his RM 11-03 rose gold Flyback Chronograph.Four shots were fired in the daylight robbery, one of which struck a...Read More
(IDEX Online) - De Beers boss Bruce Cleaver and two other Anglo American directors have sold $5.5m of their shares in the company.The share price has surged by almost 40 per cent since the commodities rally began last November.Cleaver (pictured), CEO of De Beers, sold 25,000 shares for just over ?, ?$1m, according to a report in Shares magazine.Didier Charreton, Anglo's director of peopl...Read More
Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalRex ready to rollSPONSOREDrex mineralsDavyhurst back producing gold; can it produce a lot more?SPONSOREDora banda miningSolaris Resources on winning streak in EcuadorSPONSOREDsolaris resourcesThe latest payout meant a full year dividend of 54.7c/sh, equating to 100% of underlying earnings per sha...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationYesterday's results included 4.9m at 7.99% copper-equivalent within 25.9m of continuous mineralisation.Foran said the MS zone had delivered copper-equivalent grades roughly double the average grade of the overall resource estimate for that zone.Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPON...Read More
Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalRex ready to rollSPONSOREDrex mineralsDavyhurst back producing gold; can it produce a lot more?SPONSOREDora banda miningSolaris Resources on winning streak in EcuadorSPONSOREDsolaris resourcesIt had submitted a request for appeal in January over the negative federal permitting decision issued in...Read More
This week's episode features Stephen Stewart, chair of Global YMP and YMP Scholarships, who discusses this year's Young Mining Professionals award winners, Maggie Layman of Osisko Development and Matthew Fenton of privately held Magris Resources. The awards are named after two iconic entrepreneurs in the mining industry, Eira Thomas and the late Peter Munk. This year, due to the Covid-19 pandemic,...Read More
Ahead of an updated resource estimate and prefeasibility study due out in the second half of the year for its namesake project in north-central Quebec, Troilus Gold (TSX: TLG) has released drill results from the Southwest zone. These latest assays expand mineralization out along strike, down dip and within the pit shell defined in a September 2020 preliminary economic assessment.The drill results...Read More
Drilling targeting a mostly untested, 250-metre northwest section of the LP fault at Great Bear Resources' (TSXV: GBR) Dixie project in Red Lake returned both high-grade gold and lower-grade intervals of bulk-tonnage style mineralization. The company has released assay results for seven drillholes, four of which tested a 200-metre undrilled part of the multi-kilometre fault.Drill highlights includ...Read More
As tempting as it is to opine about the Duke and Duchess of Sussex, and the Oprah Winfrey soap opera, there are rather more important things going on than the "truths" of Prince Harry and Meghan Markle. Used cardboard and rugby football, for example.This month marks the 150th anniversary of the first-ever international rugby match. On March 27, 1871, we played Scotland in Edinburgh, and lost (as w...Read More
Lithium prices continue to rise exponentially in China on the back of heavy demand for lithium iron phosphate (LFP) batteries, the first ever mid-month assessment by battery supply chain research and price reporting agency Benchmark Mineral Intelligence shows.Benchmark's battery grade lithium carbonate midpoint price (EXW China, ???99.0% Li2CO3) for mid-March shows the raw material up 88% just sin...Read More
Drilling targeting underexplored areas around the Detour Lake pits at Kirkland Lake Gold's (TSX: KL; NYSE: KL) Detour Lake property returned wide and high-grade gold intervals. The miner is completing a 250,000 metre exploration program at the site in 2021 with an updated production plan and reserve statement expected early next year.The latest results include assays for 30 drillholes completed at...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe Environmental Evaluation Commission of Antofagasta region gave a favourable judgement on the environmental impact declaration to extend the life of the hydrometallurgical line and the phase one exploitation of sulphides.Exploitation of these new resources will extend the operation's life from 2022 until 2...Read More
Fact #1: Reams of stocks have been trading at 52-week highs.Fact #2: Reams of stocks have been trading at 52-week lows.Not since 1984 - the year not the book - has the stock market manifested such violent schizophrenia.Sentiment Trader:[We recently saw] the biggest split in almost 40 years. There were so many stocks hitting 52-week highs AND 52-week lows on both the NYSE and Nasdaq that it registe...Read More
We've talked a lot about what I like to call the "Great Extraction." I started talking about it nearly 10 years ago when it became clear that the Fed might never slow the printing presses even if it could.Quick note - I'm pretty sure I stole the term from someone, but I did a cursory Google search to see if I could find an attribution and "great extraction" results seem to focus on pulling teeth a...Read More
Sixth Wave Innovations Inc. is pleased to announce the appointmenRead full newsRead More