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
Miners have more than their fair share of superstitions. The more you dig into the world of mining lore and myths, the more you realise how hard a job it was. The nasty, smelly bowels of the earth aren't kind to those who choose to grub around down there. Death was everywhere, and most men underground counted themselves lucky to live past 40. If rockfalls or dead air didn't get them, silicosis wou...Read More
Osisko Mining (TSX: OSK) has released an updated resource estimate for its Windfall gold deposit in Quebec, which, according to CEO John Burzynski, "places Windfall among the best high-grade development projects globally."Measured and indicated tonnes now total 6 million tonnes at 9.6 grams gold per tonne, for 1.9 million gold oz. and inferred resources add 16.4 million tonnes at 8 grams gold per...Read More
Following on last week's announcement that it would be going ahead with construction of the Bateman gold project in Red Lake, Battle North Gold (TSX: BNAU; US-OTC: BNAUF) has started a $7 million 2021 exploration program, which includes up to 22,000 metres of drilling across its 288-sq.-km property. This is the first major exploration campaign on these holdings in over 10 years.Drilling is underwa...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has rewarded investors with the biggest dividend in its 148-year history and laid out plans to tackle the vast carbon footprint of its global customers, in an effort to leave behind what its new chief executive called a "year of extremes."The world's second-largest miner is handing back US$9 billion of cash to shareholders, including a record final divide...Read More
There's no stopping the progress of technology. That much is clear when you look at things like how smartphones manage to jam more tech in new models each year. It becomes clear when you see what cars are capable of today compared with even just a decade ago. It becomes clear when we as a society are at least somewhat seriously talking about the idea of colonizing Mars. Not even a worldwide pa...Read More
Searchlight Resources Inc. is pleased to announce that the SaskatRead full newsRead More
Novo Resources Corp. is pleased to announce that it has poured itRead full newsRead More
Further to the Company's proposed acquisition of the El Cubo mineRead full newsRead More
Middlecoff Silver Vein extended to South - Additional drilling plRead full newsRead More
Includes 315 gt silver with 0.46 gt Au over 0.5m Prismo Metals InRead full newsRead More
Spruce Ridge Resources Ltd. is pleased to announce the value of iRead full newsRead More
Outback Goldfields Corp . is pleased to announce the commencemRead full newsRead More
Ready Set Gold Corp. is pleased to announce the appointment of MrRead full newsRead More
Henry very upbeat on the outlookRead full newsRead More
/CNW Telbec/ - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (FRANKFURT: B6D) (theRead 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
/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
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 - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF)is pleased to announce the implementation of its senior leadership transition plan with the appointment of Tim Gabruch as Chief Executive Officer and Director of IsoEnergy. Mr. Gabruch will be taking over the role from Mr. Craig Parry who will step down as President and Chief Executive Officer and continue to serve the Company as a mem...Read More
It was below $1,787/oz at the time of writing, although well above the circa $1,600/oz of 12 months ago.Meanwhile the Bank of England is said to have increased its gold holdings to more than 180.7 million troy ounces, the highest since December 2013.Copper remains around a nine-year high, closing up slightly to $8,424/t on the London Metal Exchange.Nevada Copper (TSX: NCU), which recently raised a...Read More