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
After beating its production guidance for 2020 and reporting a record fourth quarter, Copper Mountain Mining (TSX: CMMC) is guiding a further 22% increase in production this year.The B.C.-based miner's 75%-owned Copper Mountain mine, 20 km south of Princeton, B.C., produced 77.6 million lb. of copper last year, compared with guidance of 70 to 75 million lb. copper. The mine also produced 29,227 oz...Read More
Way back in September, I sent a somewhat dire warning out to Wealth Warrior (now Wall Street's Proving Ground) subscribers.In short, I said we were "headed for a civil war." You see, this was immediately following the first presidential debate, in which Donald Trump told his white supremacist followers to "stand by.""Stand by for what?" I asked.Then to answer my own question: "The conflict that a...Read More
China's government goes to great lengths to censor its citizens' access to information on the Internet. Google pulled its search service out of China in 2010 over censorship concerns.Read full newsRead More
As announced on January 5, 2021, DELPHI Unternehmensberatung AktiRead full newsRead More
Peter Epstein asked,Read full newsRead More
Carlyle Commodities Corp. is pleased to announce that its Board oRead full newsRead More
ALX Resources Corp. is pleased to announce that it has initiatedRead full newsRead More
Ready Set Gold Corp. (CSE:RDY) (Read full newsRead More
/PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will expand capacity at the...Read full newsRead More
Greenlandic pension fund SISA Pension has joined Danish national investment fund Vækstfonden and the Greenland State investment company Greenland Venture as investors in GAM.Read More
Botswana's minister of mineral resources granted Lucara a 25-year licence extension on Tuesday.Read More
(IDEX Online) - The luxury Japanese jeweler Mikimoto has been singled out for criticism by the New York-based NGO Human Rights Watch. It claims the company, best known for its cultured pearls, put up a "wall of silence" when asked how it avoided abuses in the gold and diamond supply chains. Fourteen other well-known jewelry brands in the US, Europe, and Asia were more forthcoming and...Read More
(IDEX Online) - A new smartphone app can count a collection of the tiniest gems almost instantly.The diamond and jewelry wholesaler Terra Cor, based in New York, is branching into tech and has launched image-based gem counting software that can count sizes down to .005 ct. (-2) stones. It uses a neural network - a series of algorithms - to count the gems in a high-quality photograph and sends...Read More
(IDEX Online) - A son of the LVMH billionaire Bernard Arnault will reportedly take a key management role at Tiffany & Co.Alexandre Arnault, aged 28, is currently CEO of the German luxury suitcase brand Rimowa, which is part of the LVMH empire. Two brothers and a sister also run LVMH companies.His appointment, and that of Anthony Ledru, a top Louis Vuitton executive to another top position at T...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.With a focus on copper and gold, Mundoro enters the new year with a spring in its step after clinching an additional exploration partnership with Vale Canada. That brings the number of partnered exploration licences with Vale to six in total.Many of Mundoro's assets are in the Tethyan Belt's Timok region in Ser...Read More
Last year, Ontario-focused miner Harte Gold (TSX: HRT; US-OTC: HRTFF) produced 25,649 gold oz., exceeding its prior guidance of 20,000 to 24,000 ounces. The emerging producer churned out a record 10,835 oz. in the fourth quarter, which is a quarterly record for the Sugar Zone mine in White River since reaching commercial production in January 2019.In 2021, Harte expects to grow its output to 60,00...Read More
Seabridge Gold (TSX: SEA; NYSE: SA) has bought Pretium Resources' (NYSE: PVG) Snowfield property in northwest British Columbia for US$100 million in cash, a 1.5% net smelter return royalty related to all production and a US$20 million future contingent payment.The Toronto-based miner says the acquisition of Snowfield, immediately adjacent to its 100%-owned Kerr-Sulphurets-Mitchell (KSM) gold-c...Read More
A U.S. judge from Michigan has reversed a decision by state regulators allowing Aquila Resources' (TSX: AQA; US-OTC: AQARF) proposed gold, zinc and copper mine to go ahead.The ruling revokes the wetlands permit for the Back Forty project in Lake Township, north of Menominee. It comes after opponents to the project challenged the permit issued in 2018 by the Michigan Department of Environment, Grea...Read More
Since founding privately held USA Rare Earth three years ago, Pini Althaus has focused on turning his vision of creating a secure supply of rare earth elements in the United States a reality.The New York-based CEO is equally determined to establish REE separation and processing capability in the U.S. and build manufacturing facilities for magnets containing the critical elements that are used in e...Read More
Based on drill results to date at its Queensway gold project in Newfoundland, junior New Found Gold (TSXV: NFG) has doubled the size of its drill program to 200,000 metres from 100,000 metres.The expanded program, which will employ eight drill rigs - up from four currently - will also allow New Found to drill new targets defined along 5 km of strike of the Appleton Fault Zone and 3 km of strike of...Read More