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
(IDEX Online) - When it comes to a wedding proposal, it seems the engagement ring is actually more important than a "yes".Just over half (51 per cent) of the 2,000 engaged Americans surveyed for De Beers said the ring was number one concern.Bizarrely, only 17 per cent said their top priority was that their partner should accept the proposal.Pictures of the proposal - during and afterward - were th...Read More
Canaccord Genuity mining analyst Dalton Baretto has raised his copper price forecast for the first quarter from US$3.50 per lb. to US$3.75 per lb."Given the average quarter to date price of $3.61 per lb., this implies that the price will need to average $3.89 per lb. over the rest of the quarter," he wrote in a Feb. 10 research note to clients, adding that his price forecast for the second quarter...Read More
Toronto-based gold major Kinross Gold (TSX: K; NYSE: KGC) has released its fourth-quarter and year-end 2020 financial results. Production of 2.4 million gold-equivalent oz. for the year (624,032 oz. in the fourth quarter) at all-in sustaining costs of US$987 per oz. (US$1,013 per oz. in the last quarter) was in line with prior guidance for 2.4 million oz. at AISC of US$970 per ounce.Free cash flow...Read More
Kutcho Copper (TSXV: KC; US-OTC: KCCFF) has released an updated resource for its Kutcho copper-zinc project in northwestern B.C. The latest resource features an 8% increase in measured and indicated tonnes and a 24% growth in inferred tonnes when compared with the prior resource statement from 2019. The junior is using the latest figures in a feasibility study that is underway, and expected to be...Read More
As it works toward a resource update at the Red Chris mine, Newcrest Mining (TSX: NCM, ASX: NCM) has begun construction of the box cut for a new exploration decline at the copper-gold project, 80 km south of Dease Lake, B.C.The company has approved $135 million in spending to fund the decline, after receiving regulatory approval for the box cut. Work on the decline and associated infrastructure wi...Read More
The rise in electric vehicle (EV) market share in the car industry may be accelerating as witnessed in the wave of announcements from Volvo, Volkswagen, General Motors, Ford, Nissan, Toyota, Honda, and a host of Chinese auto makers.But there always has been, and always will be, a tremendous mountain of marketing hype by auto makers and others about the march to EVs and fuel cells.When I wrote Worl...Read More
At a time of rapidly growing lithium demand backed by an increasing focus on electric vehicles, energy storage and renewable energy generation, American Lithium (TSXV: LI; US-OTC: LIACF) has entered a definitive agreement to acquire Plateau Energy Metals Inc. (TSXV: PLU; US-OTC: PLUUF) to consolidate two "significant and strategic" undeveloped lithium assets in the Americas.The acquisition would...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 corporationLast week's ‘From the Capital' column highlighted a handful of companies with suffi...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipNeo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedOverall, the company expanded the September 2020 measured and indicated resource 8% to 18.6 million tonnes grading 2.6% copper-equivalent, comprising the...Read More
"Semiconductors are the new oil."That's a quote from Rory Green, economist at investment research firm TS Lombard.It's quite a bold statement, but Green backs it up. Just look at the chart he posted:That is wild - we're literally looking at larger exports of computer chips than of oil. The new lifeblood of commerce has been born. However, as we've seen with oil in the past, there is currently a s...Read More
By now, you've heard of the Green New Deal, an ambitious agenda to decarbonize the economy. The overall Green New Deal calls for ending the use of oil and natural gas, moving to electric vehicles, solar, wind and geothermal power, imposing carbon taxes to reduce C02 emissions and providing government subsidies to non-carbon-based energy technologies.The U.S. would also seek to embed these policies...Read More
The coronavirus outbreak triggered a rush among investors to stockpile silver, which like gold is traditionally seen as a safe place to store money.Read full newsRead More
SKRR Exploration Inc. is pleased to announce that it has intersecRead full newsRead More
Scottie Resources Corp. is pleased to report drilling results onRead full newsRead More
IMetal Resources Inc. is pleased to announce the acquisition of aRead full newsRead More
Libero Copper & Gold Corporation is pleased to announce that dueRead full newsRead More
Vancouver, BC - Summa Silver Corp ("Summa" or the "Company")(TSXV: SSVR, OTCQB: SSVRF, Frankfurt: 48X) is pleased to announce that it is increasing the size of the previously announced non-brokered private placement to up to 10,000,000 Units of the Company (the "Units") at a price of $1.00 per Unit for gross proceeds of $10,000,000. Participation in the Offering is now expected to include Mr. E...Read More
/PRNewswire/ -- Peru's mining industry has been on the upswing in recent years and is headed higher still as investors continue to pump money into projects....Read full newsRead More
Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF) is pleased to provide the following update in relation to year-to-date highlights to coincide with the company's graduation to Toronto Stock Exchange ("TSX") and resumption of trading.Highlights:LEAF commences trading on TSX February 10, 2021 and is scheduled to participate in the virtual market open ceremony on February 18, 2021 to celebrate LEAF's...Read More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed cannabis industry is pleased to announce growing demand for manufacturing services for its investee company QVI, Inc. doing business as "The Galley", a cannabis infused product manufacturer located in Sonoma County, California.QVI's 8,300 sq. ft. state of the art...Read More