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 maiden resource for the Treaty Creek gold project in contains 19.4 million oz. gold equivalent in the Goldstorm and Copper Belle zones, says 100% owner Tudor Gold Corp. (FSE:TUC). The property is located in northwest British Columbia, bordering Seabridge Gold's (TSX:SEA; NYSE: SA) KSM gold-copper project and Pretium Resources' (TSX: PVG; NYSE:PVG) Brucejack gold mine.Tudor used the data from 2...Read More
Developer Sabina Gold & Silver (TSX: SBB) has announced a $35-million bought deal financing led by BMO Capital Markets. The underwriters have agreed to purchase 18 million common shares of the company at a price of $1.95 per share; the underwriters also have the option to purchase up to an additional 15% of the shares issued for 30 days following closing.The deal is expected to close around March...Read More
Sphinx Resources (TSVZ:SFX) is buying 100% interest in the former New Calumet zinc-lead-silver mine in the Pontiac district of Quebec, about 10 km northwest of Bryson. The property, consisting of 14 claims, is being purchased from a pair of prospectors for 7.5 million common shares of Sphinx and a 1% net smelter return, subject to a buyback option.The purchase consolidates Sphinx's claims in the d...Read More
The first keynote address of this year's Prospectors and Developers Association (PDAC) of Canada convention was particularly germane given that PDAC is the world's largest mining conference, most publicly listed mineral companies are Canadian, and the majority of these have gold mining operations.The talk, entitled The fate of gold deposits, was delivered by Douglas Silver, CEO of Flydentity LLC....Read More
Dollar: a paper money, silver or cupronickel coin, and monetary unit of the United States, equal to 100 cents.So runs the dictionary definition. But if one dollar equals 100 cents... what then is a cent?The answer is one-hundredth of one dollar. And what again is one dollar? 100 cents.And so we begin an infinite chasing of the tail - one dollar is 100 times one cent, one cent is one dollar divided...Read More
Congress is set to give final approval to Biden's $1.9 trillion coronavirus stimulus package today - which amounts to one of the largest bailouts in American history.Where are they going to get this $1,900,000,000,000 to pay for it?Well, the government certainly doesn't have any savings it can dip into. In fact, it only has an insurmountable pile of debt - which now totals over $28 trillion.So the...Read More
TSX Venture Exchange : GRG Frankfurt Stock Exchange : G6A OTCQB VRead full newsRead More
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Merger would protect SA gold industry from foreign entities, said Neal FronemanRead full newsRead More
In northern Nevada, the gold mining industry has dominated for decades. Now Nevada lawmakers want to tap into that vein of wealth to ease the pandemic-induced budget crunch.Read full newsRead More
Vancouver, BC - Karus Gold Corp ("Karus Gold" or "Karus") is pleased to announce the appointment of Mr. Andrew Kaip as President and CEO effective immediately. As CEO, Mr. Kaip has also been appointed to the Board of Directors. Karus has also appointed Mr. David Whittle as Director and Chairman of the Audit Committee.Karus founder and Executive Chairman, James Hynes, commented "On behalf of Karu...Read More
Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company"), Canada's leading free-to-play mobile game group, announces that the company has entered into a non-binding letter of intent (the "LOI") to acquire Truly Social Games ("TSG"), an innovative developer and publisher of mobile games headquartered in Vancouver, B.C., Canada.TSG was founded in 2015 by Cooper DuBois and Patrick Touga...Read More
Vancouver, BC - Ovation Science Inc. (CSE: OVAT | OTCQB: OVATF) ("Ovation" or the "Company"), a topical and transdermal cannabis product development company with a patented skin delivery technology and backed by over twenty years of research and development, reports that sales in January 2021 through its licensee in Nevada outperformed the previous month (December 2020) by over 70%. January sale...Read More
Vancouver, BC March 9, 2021 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce that, due to the success of its target generation work, the Company has launched multiple new field programs to systematically explore the Mesquite-Imperial-Picacho gold district ("District"), part of the Imperial Gold project ("Imperial"). The new programs will continue to...Read More