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
As copper prices hit their highest level in almost a decade, Chile's mining industry is preparing for a new cycle of expansion."We hope that if the price cycle remains high, which is what most analysts expect, that this accelerates the development of new mine projects," Chile's Mines and Energy Minister Juan Carlos Jobet said in an interview with The Northern Miner.The government has identified mi...Read More
Residents of the Southern Ecuador city of Cuenca have voted in favour of banning future large-scale mining activities in five nearby watershed zones - an area that stretches over 3,100 square km (1,197 square miles) and is home to more than 580,000 people.The poll results represent a win for Cuenca, the country's third-largest city in the province of Azuay, which hosts several mining assets, inclu...Read More
Thunder Bay-based Clean Air Metals (TSXV: AIR; US-OTC: CLRMF) released an updated resource estimate for the company's flagship Thunder Bay North platinum and palladium project in northwestern Ontario in late January and says it's on track to complete a preliminary economic assessment before the end of the second quarter of this year.The company's 100%-owned TBN project, about 50 km northeast of Th...Read More
Nighthawk Gold (TSX: NHK) has entered into a binding option agreement with a subsidiary of natural gas and oil-focused Pine Cliff Energy (TSX: PNE) to acquire a 100% interest in the 31-sq.-km Kim & Cass property, adjacent to its existing Indin Lake gold property in the Northwest Territories.The added grounds like 15 km southwest of Nighthawk's Colomac deposit and, according to president and CEO Ke...Read More
Hot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliThe project was 40% complete at the end of 2020 with initial production expected in the second semester of 2022, although the company cautioned that was "dependent on our continued ability toRead More
Is Texas stupid?Its "leaders" seem to think so.Make no mistake - what's unfolded in Lone Star State this past week is one of the biggest governmental, environmental, technical, and political disasters of our lifetime. But what's worse is that it's also become a race to the bottom for the authorities who are most responsible for its manifestation. There has been a total and complete abdication o...Read More
Officials with the Electric Reliability Council of Texas said that grid operators implemented blackouts to avoid a catastrophic failure that could have left Texans in the dark for months.Read full newsRead More
Gambier Gold Corp. announces that it has reached an agreement with Rudolf Wahl an arm's length credit to settle an aggregate of $25,000 in debt owed by the Company to the Creditor.Read full newsRead More
Price expected to go up, but the quantum is a mysteryRead full newsRead More
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DIRead full newsRead More
Renforth Resources Inc. is pleased to inform shareholders that laRead full newsRead More
White Metal Resources Corp. is pleased to announce that it has coRead full newsRead More
Platinex Inc. is pleased to provide an update on its explorationRead 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
Downward trend continuesRead 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
It declared a quarterly dividend of US55c per share, a 38% increase on the previous quarter's dividend of 40c.It follows Rio Tinto this week declaring its biggest dividend ever, a record final ordinary dividend of $3.09 per share plus a 93c special dividend, and BHP also declaring a record interim dividend of $1.01 per share.Newmont said its increase was supported by a framework to return 40-60% o...Read More
The JORC-approved MRE shows a total of 1.55 billion tonnes indicated and inferred with mean grades of 1.74% phosphorus pentoxide, 4.95% titanium dioxide and 0.Read More
Share this article Great Atlantic Resources Corp. [GR-TSXV; PH0-FSE] received additional analytical results for 2020 rock samples collected at the newly discovered gold-bearing outcrop. The Otter Brook Gold Showing is located within the east-central region of the 100%-optioned Golden Promise Property in the central Newfoundland gold belt..Four rock grab samples from float boulders and outcrop ret...Read More
(IDEX Online) - One of Europe's biggest watch and jewelry trade shows - Inhorgenta Munich - has been canceled.Last November organizers said they were postponing the event from February 2020 to April, but they've now decided to axe it altogether because of Covid concerns."The decision was taken in detailed consultation with the advisory board, as well as exhibitors, visitors and partners,...Read More