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
Although the EBITDA figure was flat year-on-year, earnings in Glencore's metals division rose 31% to $7.3 billion versus 2019 in contrast to its energy division which saw a 73% slump to $1 billion.Read More
Share this article Manganese X Energy Corp. [MN-TSXV; SNCGF-OTC; 9SC2-FSE; SSM-Lima] reported assay results from the fall 2020 diamond drilling program at the 100%-owned Battery Hill project near Woodstock, New Brunswick.The program of 28 holes totaling 4,509 metres was designed to increase the mineral resource in the Moody Hill area and to provide sufficient data to establish a NI 43-101 complia...Read More
(IDEX Online) - Artisanal miners describe the mistreatment, injustices, threats, violence and even shootings they endure at the hands of big diamond companies in a hard-hitting video released by the Kimberley Process Civil Society Coalition (KPCSC).Villagers in Zimbabwe, the Democratic Republic of Congo and Sierra Leone testify on camera that conflict diamonds are not a thing of the past.The video...Read More
(IDEX Online) - Petra Diamonds reported an eight per cent drop in its revenue to $178.1m in the six months to 31 December 2020, as COVID-19 depressed prices and allowed fewer tenders to take place.The British miner said a deal to restructure some of its $650m of debt should be complete by March.The move will reportedly leave current shareholders with just nine per cent of shares in the company.Mea...Read More
Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesEnvironmental and social governance (ESG) is critical to the success of miningSPONSOREDonyen corporationAlthough the EBITDA figure was flat year-on-year, earnings in Glencore's metals division...Read More
Trident aims to fill valuable nicheSPONSOREDtrident royaltiesThe agreement allows the company to deepen and push back its current conceptual resource pit onto these claims, which will allow it to increase future resource estimates as well as providingRead More
Trident aims to fill valuable nicheSPONSOREDtrident royaltiesThe above result from December drilling was from surface and part of a broader 243.7m intercept grading 0.31g/t gold and 0.06% copper, while the second hole returned higher grades including 1m at 22.9g/t gold."Los Osos is the first 100% Salazar Resources-owned project that we have drilled since 2017, and we are encouraged that the first...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) expects to start producing copper concentrates in July from its Kamoa-Kakula underground mines in the Democratic Republic of the Congo and is confident it can find more deposits like them on its Western Foreland licences, which are adjacent and to the west of its Kamoa-Kakula discoveries."This whole area holds massive potential and we started quietly picking...Read More
This week's episode features CIM Sudbury's special panel, Low-grade nickel deposits in the battery electric age, with Dumont Nickel president Johnna Muinonen, Canada Nickel CEO Mark Selby, ERM partner Roberta Pedlar-Hobbs, and Wes Carson, vice president, mining operations, at Wheaton Precious Metals. The discussion explored how Canadian low-grade nickel deposits could help provide much-needed supp...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) reinforced talks of a new supercycle today by rewarding investors with a record US$5.1 billion first-half dividend and forecasting a "very constructive" outlook for the commodities market fundamentals, as the global economy rebounds from Covid-19.The world's largest miner said first-half profit jumped by 16%, hitting a seven-year high, as demand from top metals...Read More
Mining has long been the source of materials for modern society. It also has been critical in the establishment of associated secondary and tertiary economies. However, mines have a finite life, and mine closure poses a material risk to mining companies, other dependent industries and local economies. To manage this risk, there appears to be a shared recognition of a need to better integrate closu...Read More
It seems odd not being in Toronto during the first full week of March. For as long as I can remember, the Prospectors & Developers Association of Canada (PDAC) convention has started on the first Sunday in March. This year, however, not only is the first Sunday on the 7th (which is the latest it has been for 11 years) but the coronavirus leaves us with a Monday start. At least the mining industry'...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has teamed up with two European companies to explore production of low-emissions hot briquetted iron (HBI) in Canada, amid increasing pressure from stakeholders to make steelmaking a more environmentally-friendly activity.The mining giant, which has been working on cutting the sector emissions since 2019, has inked a memorandum of understanding with Luxe...Read More
I hate the word "green." It is a marketing tool nine times out of 10.It's been reduced to a keyword. It's a diluted panacea of PR jargon that tests well in ad campaigns, akin to "sustainable" and "natural" and "renewable."The problem is we just can't shake it for something more specific. I'm afraid "green hydrogen" will be a casualty of this dilution of meaning. This would be a travesty.It is a pr...Read More
The world was recently mesmerized by the ability of the Bros (short for "brothers"), a crowd of like-minded, mostly male millennials, to increase the price of GameStop from $20 per share to $400 per share in a matter of days.The fact that the Bros did this using stimulus check money and the Robinhood trading app did not diminish the sky-rocketing numbers behind the frenzy. The stock later collapse...Read More
Spruce Ridge Resources Ltd. is pleased to announce receipt of $75Read full newsRead More
White Metal Resources has launched its campaign on the Investing News NetworkRead full newsRead More
Libero Copper & Gold (TSXV:LBC) has launched its campaign on the Investing News NetworkRead full newsRead More
ESG concerns will be the result of the rising supply of MHP aimed at responding to the demand for battery metal commodities.Read full newsRead More
A new (Northern) Star is bornRead full newsRead More