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
The first day of the Association for Mineral Exploration's (AME) Remote Roundup featured a government industry forum that brought together industry experts from across Canada and, for the first time, overseas, to discuss unlocking the potential of metals critical to the economy and a greener future and the challenges of permitting and engagement with First Nations. Moderated by Kendra Johnston, t...Read More
British miner Kabanga Nickel, formerly known as LZ Nickel, has inked a framework agreement with the government of Tanzania to develop the world's largest battery-grade nickel sulphide deposit in the country's northwest.As part of the deal, the parties have created a joint company called Tembo Nickel Corp., which will mine, process and refine class 1 nickel with cobalt and copper co-products.Kabang...Read More
SolGold (TSX: SOLG; LSE: SOLG) announced that Nick Mather would step down as CEO after 13 years at the helm of the company.His resignation comes after Mather was handed a strong rebuke at the company's annual meeting in mid-December, when nearly half (44.7%) of shareholders voted against his reappointment to the board.Solgold, backed by BHP (NYSE: BHP; LSE: BHP) and Newcrest Mining (TSX: NCM; ASX:...Read More
This week's episode features the Thought Leadership Panel on cloud technology at the Global Mining Symposium virtual conference. Guests include Nolan Finch, worldwide technical leader for mining at AWS, Dave Lindon, general manager at OpsGuru, and Jeremy Tooley, CEO and president of Xerris. The panel, moderated by Northern Miner senior reporter Carl A. Williams, discussed the benefits of cloud com...Read More
Americas-focused precious metals producer Pan American Silver (TSX: PAAS; NASDAQ: PAAS) has reported its 2020 production results and provided guidance for 2021.Last year's silver and gold output - at 17.3 million silver oz. and 522,400 gold oz. - came in just below prior forecasts for 18 to 19 million oz. of silver and 525,000 to 575,000 oz. of gold. (In the fourth quarter of 2020, Pan American ge...Read More
In mid-January it was announced that the next G7 Summit will be held at the tiny seaside village of Carbis Bay on Cornwall's north coast. The June 11-13 meeting at the Carbis Bay Estate, near St Ives, will be the first face-to-face meeting of world leaders for nearly two years (last year's G7 meeting in the United States was cancelled because of the Covid pandemic, and the Saudi-hosted G20 meeting...Read More
Empress Royalty (TSXV: EMPR) has made an impressive start for a company in just six months.Since its creation in July 2020, the global precious metals royalty and streaming investment company has already built a portfolio of 14 precious metal royalties, 13 of which are exploration-stage gold royalties in Canada. These include near term producer Candelaria Mining's (TSXV: CAND) Pinos project in...Read More
Rover Metals Corp. is pleased to announce that it is meeting allRead full newsRead More
TSXV:NRG ) Newrange Gold Corp. is pleased to provide the followinRead full newsRead More
Blue Star Gold Corp. is pleased to announce that Mr. Darren LindsRead full newsRead More
Twelve miners trapped in an underground mine still alive, but fate of ten others unclear.Read full newsRead More
BMO believes copper prices are running out of steam, but Jefferies disagreesRead full newsRead More
The US Dollar Index edged higher amid scepticism US president-elect Joe Biden would be able to find enough support for his US$1.9 billion spending proposal, Marex Spectron's Anna Stablum noted on Friday.The gold price fell to last trade at $1,818 an ounce on the spot market, having been around the $1,850/oz mark on Thursday.Mining majors fell on Friday.Copper major Freeport-McMoRan closed down 5.1...Read More
Share this articleVANCOUVER - The 38th annual Mineral Exploration Roundup, hosted by the Association for Mineral Exploration, launched today as Remote Roundup. This virtual experience is safely facilitating the largest ever online gathering of the global exploration industry. Hosted by explorers for explorers, Roundup is always one of the world's premier technical mineral exploration conferences....Read More
(IDEX Online) - Divorcee Christine Bonavita is giving away her wedding and engagement rings, with a combined value of over $3,500, to a deserving couple who faced adversities last year."I have seen such kindness out there in my darkest hour, so I know what it's like to struggle," she said.Christine, 39, from Norfolk, Virginia, USA, married in 2010, divorced a year ago, and is a marking the an...Read More
(IDEX Online) - The Mothae mine in Lesotho has been closed for a second time by coronavirus.The country is in a 14-day lockdown as it suffers an unprecedented spike in infections.The deposit, jointly operated by Australian miner Lucapa and the Lesotho government, closed last March, largely as a precaution.The pandemic had barely touched the tiny landlocked nation at the time, but earlier this mont...Read More
(IDEX Online) - Signet enjoyed a 61 per cent surge in e-commerce over the holiday season.Total sales for the nine-week period in 2020 were $1.8bn, the same as the previous year, according to its preliminary trading update.The emphasis is shifting from bricks and mortar, with the closure of 355 stores in lower-traffic shopping malls and the expansion of online channels as an alternative.Signet, the...Read More
Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineThe study outlined a 17-year mine life to produce 1.1 billion pounds with peak production of 85M...Read More
Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineBraveheart closed the transaction with Cadillac Ventures on December 23, to acquire Thierry for...Read More
The Association for Mineral Exploration opened up its Remote Roundup - its first virtual conference in the event's 38-year history - with special guest speakers that included a keynote talk from Robert Friedland, founder and executive co-chairman of Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF).Speaking from Singapore, where the mining entrepreneur (and previously frequent traveller) noted he has been "...Read More