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 Dow Jones Industrial Average rose 35.92 points (0.11%) to 31,494.32 during the Feb. 15-19 trading week and the S&P500 fell 28.12 points (0.72%) to 3,906.71. Spot gold finished the trading week at US$1,784.60 per oz., down 2.2%.HudBay Minerals rose 19.9% to US$8.09 per share. The company reported a net loss of US$144.6 million or US55 ?per share in 2020, compared to a net loss of US$343.8 milli...Read More
The S&P/TSX Venture Composite Index climbed 2.92% to finish the Feb. 15-19 trading week at 1,067.44. Spot gold fell US$39.70 per oz. (2.2%) to finish the trading week at US$1,784.60 per ounce.Uranium explorer ISOEnergy rose 74 ? to $2.98. The junior announced that its co-founder, Craig Parry, is stepping down as president and CEO but will remain on the board. Tim Gabruch will take on the CEO posit...Read More
The Roraima state bill legalizing garimpo prospecting, if signed into law by the governor, could put the Yanomami reserve and other Indigenous territories at greater risk of invasion and COVID-19 infection.Read full newsRead More
The absence of the big orange You-Know-Who at center stage of American life has changed the mood of the scene from a five-alarm fire to just another day in a collapsing civilization.As long as he remains healthy, and evades assassin's bullets, Mr. Trump will go after his antagonists in Congress like a mad dog toward the 2022 midterm. But now he can only watch from the sidelines and throw stink bom...Read More
629 votes and 125 comments so far on RedditRead full newsRead More
Calgary, Alberta - TheNewswire February 19, 2021 . TOCVAN VentureRead full newsRead More
FPX Nickel is focused on the exploration and development of the Decar Nickel District, located in central British Columbia, and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite.Read full newsRead More
Texas energy companies on Friday began preparing to resume oil and gas production after days of frozen shutdowns as electric power and water service slowly resumed at darkened oilfields and refineries.Read full newsRead More
Goldcore Resources Ltd is pleased to announce that several tonnesRead full newsRead More
Granada Gold Mine Inc. is pleased to announce additional high-gRead full newsRead More
Empress Royalty Corp. is pleased to announce that its common sharRead full newsRead More
Libero Copper & Gold Corporation announces that further to its neRead full newsRead More
Switzerland's monthly gold exports to India in January reached their highest since May 2019, though exports to China and Hong Kong remained at rock bottom, customs data showed on Thursday. India and China are the world's two biggest gold consumers. Demand for bullion plunged...Read full newsRead More
CEO Jakob Stausholm said the copper mine expansion would yield a "big win-win" for both the country and the miner.Read full newsRead More
An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.Read full newsRead More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(TSXV: SSVR, OTCQB: SSVRF, Frankfurt: 48X)is pleased to announce that it has closed the non-brokered private placement financing of units of the Company (the "Units") at a price of $1.00 per Unit (the "Offering") for gross proceeds of $10,168,000. Participation in the Offering included an order of $2,000,000 from Mr. Eric Sprot...Read More
/PRNewswire/ -- Over the last decade, the global demand for gold has increased constantly and the pandemic has only bolstered that historical growth in both...Read full newsRead More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (the "Company" or "FinCanna")is pleased to announce its intention to raise $1,500,000, by way of a non-brokered private placement of 12,000,000 units (the "Units") at a price of C$0.125 per Unit (the "Private Placement"). Each Unit will consist of one common share of FinCanna and one-half of one common share purchase warrant. Each full warrant wil...Read More
Hot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chili Cyprium sees the Nifty operation in Western Australia getting the show on the road next year, with 20,000tpa for 20 years the target.Read More
Amidst a growing move towards electrification and emerging concerns about the sourcing of raw materials, base and battery metals exploration and development assets in North America are on investors' radar screens. Below, we provide an overview of eight companies in the space.Canada NickelThe core shack at Canada Nickel's Crawford project in Ontario. Credit: Canada Nickel Company.After listing on t...Read More