News and Reports

Year in Review 2023 and Outlook for 2024

January 04, 2024

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

Year in Review 2022 and Outlook for 2023

January 2023

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: The Heart of Global Copper

October 2021

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 Gold

June 2021

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 Gold Mining and Canadian Juniors

April 2021

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

An Overview of the Golden Triangle

July 2020

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

An Overview of Quebec Gold Mining

April 2020

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

An Overview of the Red Lake Mining District

January, 2020

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

Los Andes sells Vizcachitas royalty

July 24, 2023 / www.mining-journal.com

The royalty is in addition to the existing NSRs on Vizcachitas, which consist of a 2% NSR for open pit operations and a 1% NSR for underground operations.Read More

ANOTHER Bubble?

July 24, 2023 / dailyreckoning.com

The Dow Jones Industrial Average (DJIA) was 36,800 on Jan. 4, 2022, an all-time high. It's about 35,450 today. That's down 3.8% over the past 18 months. That decline is nominal. But if you adjust for inflation, the DJIA was down 6.42% over those 18 months.The same applies to the S&P 500 index. The S&P was 4,794 on Jan. 4, 2022, also an all-time high. It's about 4,559 today. That's down abo...Read More

Gold explorer Oriole seeks lithium partner in Cameroon...

July 24, 2023 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipPolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdWith two CLP licences, Ndom and Gamboukou, being assessed for their potential to host hard rock lithium,...Read More

Ecora acquires $20 million Vizcachitas copper royalty

July 24, 2023 / www.canadianinvestor.com

Share this article VANCOUVER - Ecora Resources Plc [ECOR-TSX, LSE, ECRAF-OTC Pink] said Monday it is spending $20 million to acquire a 0.25% net smelter royalty (NSR) over all metal production from the planned open pit of the Vizcachitas copper project in Chile, owned by Andes Copper Ltd.The company said the agreement marks a rare opportunity to acquire a royalty over one of the world's largest un...Read More

Caravanner Carmel Finds $200,000 Sapphire

July 24, 2023 / www.idexonline.com

(IDEX Online) - Caravanner Carmel Ash found a 424-carat yellow sapphire, valued at up to $200,000 (AUS$300,000), while "specking" - looking for gems, especially after a downpour - in Australia.She said she was "absolutely astounded" when what initially appeared to be a black rock turned out to be a huge and valuable gemstone.Carmel, 71, who describes herself as "half-blind", was walking with husba...Read More

South32 takes billion dollar hit on Hermosa

July 24, 2023 / www.mining-journal.com

PolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdExcitement builds at Briggs projectSPONSOREDalma metalsNavigating the ESG Compliance LandscapeSPONSOREDSouth32 put Hermosa on the approvals fast-track in May, but its recent studies have shown that the Taylor zinc-lead-silver a...Read More

Put Down the Diet Coke

July 24, 2023 / www.outsiderclub.com

In 1965, American chemist and researcher James Schlatter was working for G.D. Searle & Co. on developing a stomach ulcer drug.He took a short break from his long day and rifled through some papers.However, maybe out of laziness, sloppiness, or forgetfulness, when the pages got stuck, he licked his fingers. He paused for a minute because he'd just tasted something 200 times sweeter than sugar.What...Read More

Canadian miner Arbor pushes for critical mineral funding...

July 24, 2023 / www.mining-journal.com

Arbor Metals wants support for the industry to mirror the support already seen for major battery manufacturers.Read More

China's Liaoning Province shuts mines due to flooding

July 24, 2023 / www.mining-journal.com

As of Saturday, 116 "non-coal mines" and 14 tailing ponds in the province stopped production for the flood season, according to the Liaoning Provincial Flood Control and Drought Relief HeadquartersRead More

Pay Cuts for Half of India's Diamond Workers

July 23, 2023 / www.idexonline.com

(IDEX Online) - Half of India's diamond workers are struggling financially as a global drop in demand forces factories to cut hours and wages.The country's estimated 500,000 cutters and polishers are paid either per carat - around $12 to $18 - or an a per-piece basis.But many factories, especially the smaller units, are operating reduced days, or fewer days per week, which means workers...Read More

Alrosa's New CEO Sanctioned by US

July 23, 2023 / www.idexonline.com

(IDEX Online) -  Alrosa's new CEO, Pavel Marynichev, has been sanctioned the US, as his predecessor Sergey Ivanov was before him.The US State Department announced last Thursday that it was imposing additional sanctions on individuals and entities to degrade Russia's current and future military capabilities.It said Marinychev was being designated for "operating or having operated in...Read More

Raided Jeweler Offers $50,000 Reward

July 23, 2023 / www.idexonline.com

(IDEX Online) - The owner of a US jewelry store is offering a $50,000 reward to help catch the armed gang that cleared him out of merchandise worth $1.7m.Brad Boozer says he'll pay the reward from his own pocket. It's been more than a month since the heist at Boozer's Jewelers, in Waco, Texas, on 17 June.Two masked raiders, a man and a woman, walked into his store with a gun, zip-ti...Read More

A Deadly New COVID Strain?

July 22, 2023 / dailyreckoning.com

What if Dr. Geert Vanden Bossche is correct?The European virologist said at the outset of the COVID-19 episode in 2020 that vaccinating the world in the midst of an epidemic was insane because it would train the virus to evolve more dangerously while disabling human immune systems.Last week he issued a warning that the world was within weeks of just such a new and deadly immune escape variant outb...Read More

Newmont slumps after reporting tough quarter

July 21, 2023 / www.mining-journal.com

Excitement builds at Briggs projectSPONSOREDalma metalsCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdNavigating the ESG Compliance LandscapeSPONSOREDPolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedThe company reported June quarter production of 1.Read More

Glencore releases robust H1 2023 production reports

July 21, 2023 / www.mining-journal.com

Copper Copper output of 488,000t was 4% lower than H1 2022, attributed to the issues out of Collahuasi and Antamina. Own-source sales volumes were also lower, due to timings of shipments.Read More

Metals Exploration improves guidance after record results...

July 21, 2023 / www.mining-journal.com

All-in sustaining costs guidance for the year was lowered to US$1120-$1200/oz from $1250-$1300/oz.Read More

Collective Metals acquires lithium Whitemud project...

July 21, 2023 / www.mining-journal.com

Whitemud comprises of 381 single cell mining claims covering 7,775ha.Read More

Boliden results disappointing following fire

July 21, 2023 / www.mining-journal.com

The company's operating result was significantly affected by the fire, which took place in June 2023 and lasted over two weeks.Read More

Boliden results disappointing following fire

July 21, 2023 / www.mining-journal.com

PolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdExcitement builds at Briggs projectSPONSOREDalma metalsNavigating the ESG Compliance LandscapeSPONSOREDThe company's operating result was significantly affected by the fire, which took place in June 2023 and lasted over two wee...Read More

Yukon's attraction growing

July 21, 2023 / www.mining-journal.com

Some C$178.6 million in equity has been raised for Yukon projects over the past 12 months according to Lise Farynowski, director, business and industry development of the Yukon government.Read More

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