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
Hot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliThe well-supported company recently expanded its drill programme to 15,000m given the quality of initial results.The project has a measured and indicated 1.1 billion pounds of copper, 1.1 million ounces of gold, 104Mlb molybdenum and 20Moz of silver at three deposits.Hot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot...Read More
Auteco has the right ingredients with PickleSPONSOREDauteco mineralsAzure's Western Australia nickel success could get golden hueSPONSOREDazure mineralsHot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliMegatrends 2035: How expansion of megacities will impact demand for commodities?EUR
Auteco has the right ingredients with PickleSPONSOREDauteco mineralsAzure's Western Australia nickel success could get golden hueSPONSOREDazure mineralsHot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliMegatrends 2035: How expansion of megacities will impact demand for commodities?EUR
In the future, mining companies will need to develop new business models that account for the increasing re-use and recycling of metals and minerals as the world moves towards a "circular economy."That was the key takeaway from a panel discussion on the circular economy at this week's Global Mining Symposium. Moderated by Anthony Vaccaro, group publisher at The Northern Miner, the panel included A...Read More
Lucara Diamond Corp. (TSX:LUC) anticipates incurring debt of between US$150 million and US$200 million towards the US$514-million underground expansion of the Karowe diamond mine in Botswana. The Vancouver company has already initiated discussions with potential lenders, and hopes to secure funding in the second half of this year. The balance of the project will be funded by cash flow from current...Read More
The resource expansion drill program completed at the Brucejack mine has returned high grade gold for Pretium Resources (TSX:PVG; NYSE:PVG). This is the first expansion drilling project since the mine began production in 2017.High grades were drilled in three new areas of the North Bock zone, including four assays above 1,000 grams gold per tonne. The results include intercepts up to 300 meters fr...Read More
Wolfden Resources (TSXV:WLF) has begun a 2,300-metre, six-to-eight hole diamond drilling program at its 100%-owned Rice Island nickel-copper-cobalt-platinum group deposit near Snow Lake, Man. The work is being done with the support of a $230,000 grant from the Manitoba government's Mineral Development Fund.The Rice Island sulphide deposit is comprised of a 'keel' of higher grade mineralization tha...Read More
Sabina Gold & Silver (TSX: SBB) has released an updated feasibility study on a combined open pit and underground development at the Goose property within its Back River gold project in Nunavut, 520 km northeast of Yellowknife. The engineering study proposes a 15-year operation, starting up at an initial processing rate of 3,000 tonnes per day and expanding to 4,000 tonnes per day by the end of yea...Read More
The single largest use of rare earths is in the manufacture of permanent magnets used in wind turbines, the drive train of hybrid and electric vehicles, and energy-efficient applications, and currently accounts for 29% of total global demand for REEs, says David Merriman, an expert on rare earths at Roskill."As we transition to a low-carbon global economy, the demand for permanent magnets will onl...Read More
The US Department of Energy's Lithium-Ion Battery Recycling Prize granted Everledger, HP, Call2Recycle and Fairphone a $357,000 cash award so that the group can continue working on a project called "Closing the loop on portable lithium-ion batteries." The initiative aims to help the DoE capture 90% of all discarded or spent lithium-based batteries in the United States for the eventual recovery...Read More
Sweden scored 74 out of 100 in the most recent IRI analysis published in October last year as part of the Mining Journal World Risk Report (feat. MineHutte ratings). This gave the country an A rating and placed it 10th among a universe of 111 jurisdictions covered. However, Sweden's mineral output and broader foreign direct investment into mining lagged prolific mineral producers, some of whi...Read More
Over the last few decades, semiconductors have become more and more a part of everyday life. From computer chips, to cellphones, to electric vehicles and video games, they've become more integrated with your day to day than you may have realized. Something else you may or may not have noticed is the chip shortage that is currently underway. There is a massive push for more semiconductors.Also c...Read More
The beatings will continue until morale improves. The Hon. Jerome H. Mr. Powell, in statements this Tuesday:There is a long way to go to maximum employment... We live in a time where there is significant disinflationary pressures around the world and where essentially all major advanced economy's central banks have struggled to get to 2% (inflation). We believe we can do it, we believe we will do...Read More
FenixOro Gold Corp (CSE:FENX, OTCQB:FDVXF, Frankfurt:8FD) is pleRead full newsRead More
White Metal Resources Corp. is pleased to report that three diamoRead full newsRead More
Puma Exploration Inc. is pleased to announce the beginning of a 1Read full newsRead More
President Joe Biden said on Wednesday he would seek $37 billion in funding for legislation to supercharge chip manufacturing in the United States as a shortfall of semiconductors has forced U.S. automakers and other manufacturers to cut production.Read full newsRead More
Silver Viper Minerals Corp. is pleased to announce that the compaRead full newsRead More
Steppe Gold Ltd is pleased to announce an updated independent MinRead full newsRead More
Copper demand increasing but lack of projects in pipelineRead full newsRead More