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
High gold prices are boosting Ethiopia's mining revenue and attracting more investor interest in a sector that is largely dominated by artisanal and smaller players. Coronavirus-linked border closures...Read full newsRead More
Elon Musk has set a production target of20 million vehicles annually before 2030. For starters: 23 Ambatovys at $8.5 billion a pop.Read full newsRead More
That is a bullish omen for gold, as its subsequent upleg can accelerate after differential gold-ETF-share selling pressure ends.Read full newsRead More
High gold prices are boosting Ethiopia's mining revenue and attracting more investor interest in a sector that is largely dominated by artisanal and smaller players. Coronavirus-linked border closures...Read full newsRead More
Trident aims to fill valuable nicheSPONSOREDtrident royaltiesThe December quarter saw the highest copper production of the year, with 28,939 tonnes produced from Prominent Hill and Carrapateena in South Australia, and Carajas in Brazil.Read More
Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesOceanaGold marks three decades of gold standard mining SPONSOREDoceanagoldWhile gold prices have fallen about US$100/oz since the start of the year, they remain upbeat about the effects of furt...Read More
Almonty Industries (TSX: AII; US-OTC: ALMTF) has two mines in Europe producing tungsten concentrate - the Los Santos mine in western Spain and the Panasqueira mine in Portugal - but it's the Sangdong tungsten project in South Korea that has become the junior's main focus in recent years.Sangdong - once one of the world's largest tungsten mines in production and still one of the few high grade tung...Read More
Australian gold producer Evolution Mining (ASX: EVN) says performance improvements at its Red Lake mine in Canada are putting its turnaround plans for the operation ahead of schedule.In the quarter ending Dec. 31 (Evolution's second quarter of 2021), production from its Red Lake operation in Ontario rose 27% to 33,709 oz. gold at an all-in sustaining cost (AISC) of A$1,937 per oz. (US$1,481 per oz...Read More
The beleagured Sarmaco joint-venture in Brazil between BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Vale (NYSE: VALE) has been hit with an almost US$1 billion lawsuit from noteholders who accuse the company of ignoring their requests to restructure their debt.The claim, filed in October last year by the Bank of New York Mellon on behalf of noteholders, states the US$898 million sought from Samarco is m...Read More
I'll be honest - covering the stock market isn't always exciting. Amid the massive hits and tragic misses, the fortunes made and lost every day, there's a mind-numbing amount of banality. The humdrum earnings reports, dry-as-a-bone financial filings, double-speak, generalities, boilerplate, and jargon...It can be, and often is, dull. But boy, this week was fun. Honestly, it's the most fun I've...Read More
Focus on 1.5 km zone of historic porphyry copper-gold showings CRead full newsRead More
Amex Exploration Inc. is pleased to announce it has been named toRead full newsRead More
Bold Ventures Inc. is pleased to report that its initial diamondRead full newsRead More
Spot silver soared as much as 6.8%, the biggest jump since August.Read full newsRead More
The #silvershortsqueeze is on!We woke up this morning to see that #FirstMajestic #Silver was getting short squeezed.Now there's a spike in the #silverprice t...Read full newsRead More
Shares in GameStop, the embattled brick-and-mortar gaming company, have shot up more than 1,600 per cent since January 12 - so what happened, and is it legal?Read full newsRead More
That is a bullish omen for gold, as its subsequent upleg can accelerate after differential gold-ETF-share selling pressure ends.Read full newsRead More
That is a bullish omen for gold, as its subsequent upleg can accelerate after differential gold-ETF-share selling pressure ends.Read full newsRead More
Vancouver, BC - Ovation Science Inc. (CSE: OVAT and OTC: OVATF) ("Ovation" or the "Company"), is pleased to announce it has entered into a non-exclusive distribution agreement for its DermSafe (R) hand sanitizer with CDMV, Canada's leading distributor of products to veterinary clinics across Canada. CDMV, established in 1972, is the largest provider of products and services to veterinary clinics...Read More
Anglo reported Q4 copper production of 167,800 tonnes, up 6% year-on-year and up 1% quarter-on-quarter, a rise the company attributed to its Los Bronces mine securing access to industrial water forRead More