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
Gold had a good year in 2020, but something changed toward the end of the year that you can't afford to ignore.Read full newsRead More
The raising, which will see 10 million shares issued at 6.6p/sh, follows Read More
West Kytlim's definitive feasibility study, which will see mining at several open pits simultaneously, yielding an uplift in production, was formally rubber stamped by Russian State Committee onRead More
Look beyond market approach to project valuations: van ZylLeadershipNeo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesThe raising, which will see 10 million shares issued at 6.6p/sh, follows Read More
Trident aims to fill valuable nicheSPONSOREDtrident royaltiesAdjusted EBITDA for Q4 jumped to its highest level in over a year to US$361m - up 27% q-o-q - but was below US investment bank Jefferies estimates of $401 million.Read More
For a junior exploration company that started trading on the TSX Venture Exchange in late November 2020, Whitehorse Gold (TSXV: WHG) has made significant progress at its 100%-owned Skukum gold project in the southern Yukon, about 55 km south of Whitehorse.The 170 sq. km project consists of the Skukum Creek and Goddell gold deposits, and the past-producing Mt. Skukum gold mine, which produced 79,...Read More
South African miner Gold Fields (NYSE: GFI) has formally begun construction of the mining infrastructure for its Salares Norte project in northern Chile.The company expects to complete the US$860 million project in late 2022, with first gold production in early 2023.About 15% of the construction has already completed, Gold Fields said. That includes a mining camp for 1,800 people, related in...Read More
Haywood Securities is raising its price forecasts for copper this year from US$3.00 per lb. to US$3.50 per lb.; for zinc from US$1.10 per lb. to US$1.25 per lb.; and for nickel to US$8.00 per lb. from US$6.75 per pound.Looking beyond 2021, Haywood's forecast for 2022 is US$3.50 per lb. copper; US$1.20 per lb. zinc; and US$8.50 per lb. nickel."The economic recovery is building, demand for metals is...Read More
Australian rare earths miner Lynas Corp.'s (ASX: LYC) shares jumped on Friday after it announced a deal with the U.S. government to build a commercial light rare earths separation plant in Texas.The facility, expected to produce about 5,000 tonnes of rare earths a year, would help Washington's push to secure domestic supply of essential minerals used in magnets and motors that power phones, wind...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 SPONSOREDoceanagoldThe subsidiary of Antofagasta Minerals submitted a mine plan of operations to the US Bureau of Land Management and Minn...Read More
Subsidiaries Barminco and Ausdrill picked up six contracts in Western Australia and New South Wales.Barminco won its first contract in New South Wales with the award of an eight-month contract by Evolution Mining for the Cowal gold mine."We are excited by the award of the new eight month decline development contract with Evolution Mining at the Cowal gold operations as it represents our first unde...Read More
When Larry Brock stormed the United States Capitol, he did so with malicious intent. That was made clear by his social media posts, one of which read, "Patriots on the Capitol. Patriots storming. Men with guns need to shoot their way in."It was also made clear by the helmet, fatigues, and flak jacket he donned, and the zip-tie handcuffs he carried. Of course, one thing he wasn't wearing was a...Read More
"The pace of recovery that was noted at the beginning of October continued throughout the fourth quarter," Widing said this week."Demand in our long-cycle mining business was strong and we saw a sequential uptick in our short-cycle business. Consequently, organic order intake - excluding major orders - for the group grew by 3% year-on-year."Despite lower revenues in the wake of COVID-19, we delive...Read More
Bravada Gold Corporation reports that all ordinary resolutions plRead full newsRead More
Benton Resources Inc. is pleased to announce it has received theRead full newsRead More
Scottie Resources Corp. is pleased to report assay results for thRead full newsRead More
ELDORADO GOLD CORPORATION and QMX Gold CORPORATION are pleased toRead full newsRead More
Calgary, Alberta - TheNewswire January 20th, 2021 . TOCVAN VenturRead full newsRead More
Beament says company in a position of strengthRead full newsRead More