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
Tempus Resources has launched its campaign on the Investing News Network.Read full newsRead More
On national TV Sat. Feb 27 & Sun. Feb 28, 2021 - From mining to cRead full newsRead More
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DIRead full newsRead More
Drilling at Beatty South Copper project will followSearchlight ReRead full newsRead More
The Directors of eMetals Limited (ASX:EMT) are pleased to announce the results of the Company's first reverse circulation drilling program at its wholly owned Twin Hills Project in the Eastern Goldfields region of Western Australia.Read full newsRead More
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DIRead full newsRead More
Will Kaz shareholders sell up?Read full newsRead More
Gold prices are trading at a very critical junction. On the 4-hour time frame, an intra-day time frame, the price is trading between the 50 and 100-daRead 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
TORONTO, Feb 23, 2021 (GLOBE NEWSWIRE via COMTEX) -- All amounts are in United States dollars, unless otherwise stated. TORONTO, Feb. 23, 2021 (GLOBE...Read 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 - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") offers the following comment on a new Executive Order (EO) issued by U.S. President Joseph R. Biden on February 24, 2021, aimed at strengthening critical U.S. supply chains. The EO identifies three technology sectors as critical supply chains: advanced semiconductors, "high-capacity batteries, in...Read More
Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW) (the "Company" or "Siyata"), a leading global developer and provider of cellular communications solutions for enterprise customers, today announced that it has received a purchase order to equip 600 police vehicles with the UV350, the Company's flagship, purpose-built, in-vehicle, all-in-one communication device. The Company expects this o...Read More
Copper climbed to US$9,342 per tonne intraday on the London Metal Exchange, a fresh level not seen since 2011, Marex Spectron's Alastair Munro said.Gold dipped earlier but was back above US$1,800 an ounce on the spot market, to almost $1,805/oz at the time of writing.The Australian dollar is at a three year high against its US counterpart, above US79c."$AUD/USD hits fresh 3-year highs as global ma...Read More
Revenue surged 4% quarter-on-quarter to $1.5 billion, attributed to a doubling of sales of flotation concentrate to 141,000 ounces. Full year EBITDA surged 38% to $3.6 billion year-on-year.Read More
The LSE and JSE-listed player posted underlying EBITDA for the second half of the year of US$6.4 billion, up 92% versus the first half and 6.8% ahead of consensus forecasts.Read More
Share this articleTORONTO - Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF, FSE: 3S3) announced the increase in its land position at its Lingman Lake Project within the prolific Red Lake geologic district in Northwestern Ontario.The previously held claims, excluding the 18 held patented claims, of 604 has been increased to 1,066 claims. When added to the 4 full patent claims and 14 mineral righ...Read More
(IDEX Online) - Alrosa is to re-open its Severalmaz ore processing plant, as global demand returns.The plant, which accounts for about 11 per cent of the miner's annual rough diamond output, ceased operations last October. It was scheduled to re-open on 1 April, but that has been brought forward to 1 March as the markets recover more quickly than expected. Processing was also suspen...Read More
(IDEX Online) - Lucapa has recovered the largest Type IIa D-color white diamond at its Mothae mine, in Lesotho, since operations began there in 2019.The 215-carat gem (pictured) is the mine's second +200-ct and the fifth +100-ct diamond.Last month the Australian miner achieved its highest ever per-carat price from Mothae - $1,198 - in a sale included that included a Type IIa 101-carat D...Read More
(IDEX Online) - An Indian laborer who leased a small patch of land in Panna in search of diamonds has recovered one of the biggest gems in recent times.Rampyare Vishwakarma and his partners found a 14.09-ct diamond, which could fetch $95,000 when it is auctioned next month.Small-time prospectors typically pay $2.70 for the six-month rights to a 25ft by 25ft patch in an impoverished area of Panna,...Read More