News and Reports

Year in Review 2023 and Outlook for 2024

January 04, 2024

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

Year in Review 2022 and Outlook for 2023

January 2023

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: The Heart of Global Copper

October 2021

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 Gold

June 2021

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 Gold Mining and Canadian Juniors

April 2021

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

An Overview of the Golden Triangle

July 2020

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

An Overview of Quebec Gold Mining

April 2020

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

An Overview of the Red Lake Mining District

January, 2020

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

Why Is the Stock Market So Strong?

July 13, 2023 / dailyreckoning.com

Since last March the Federal Reserve has been elevating its target rate with fantastic abandon.Across that same frame it has been chewing into its balance sheet.Meantime, the bond market is putting out the loudest recession warnings since 1982.Wobbles to the banking system have likewise clouded the economic outlook.It is a formula toxic to the stock market.That is, in theory it is a formula toxi...Read More

BHP and Vale have their $46bn day in court over Samarco...

July 13, 2023 / www.mining-journal.com

Copper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Navigating the ESG Compliance LandscapeSPONSOREDThis is the latest in a series of court cases and refers to whether or not Vale should be jointly l...Read More

Nutrien slashes guidance on Vancouver port strikes

July 12, 2023 / www.mining-journal.com

Nutrien now expects its full-year 2023 potash adjusted EBITDA to fall below the bottom end of its previous guidance, due to factors including the strike, a Portland terminal outage and lower globalRead More

Aurora extension grows Filo del Sol strike to 5km

July 12, 2023 / www.mining-journal.com

The company highlighted 1,131m grading 0.57% copper equivalent, including 210m grading 0.80%. Filo also said drilling expanded the Read More

Polished Prices in China Stable, Despite Rough Collapse

July 12, 2023 / www.idexonline.com

(IDEX Online) - The retail price of polished diamonds in China has remained stable over the last six months, despite a collapse in the rough market.That's according to an informal survey of salespeople at major jewelry stores in Shanghai, by Yicai Global, an English language state-owned news service.Staff at Chow Tai Fook Jewellery, Leysen Jewellery, Kimberlite Diamond and other retailers sai...Read More

Gold developers caught in horse latitudes

July 12, 2023 / www.mining-journal.com

July tends to be the lowest volume month of the year for the precious metals sector, which often means stocks tend to drift lower.Read More

Tiffany Buys "Finest Ever" Muzo Emerald

July 12, 2023 / www.idexonline.com

(IDEX Online) - Tiffany & Co has bought an extremely rare emerald weighing over 10 carats and described as the finest ever sourced from the famed Muzo mines of Colombia.It is virtually inclusion-free, has no fissures and has a perfectly saturated green color.The New York-based jeweler did not disclose the price or provide a precise specification."We are thrilled to announce our recent acquisit...Read More

Rio and Sumitomo to build world-first hydrogen plant...

July 12, 2023 / www.mining-journal.com

Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedNavigating the ESG Compliance LandscapeSPONSOREDepirocCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining The Yarwun Hydrogen Calcination Pilot Demonstration Program was approved after a A$32.Read More

Atalaya prospects boosted by lower power costs

July 12, 2023 / www.mining-journal.com

Atalaya restated full-year 2023 guidance, including copper production guidance of 53,000-55,000t tons of copper at an AISC of $3.00 to $3.20/lb copper payable.Read More

Goodbye to Inflation?

July 12, 2023 / dailyreckoning.com

CNBC gives the day's headline news:Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration in costs and easy comparisons against a time when price increases were running at a more-than-40-year high.The consumer price index, which measures inflation, increased 3% from a year ago, which is the lowest level since March 2021.Yet why? Why has i...Read More

Decoding the Fed's "Long-Term" Riddle

July 12, 2023 / www.outsiderclub.com

The most recent June jobs report showed us that while the job market still seems pretty strong, there are signs of things slowing down.In June, the job market added 209,000 jobs. Yet this was below analysts expectation and the smallest increase since December 2020.Despite fresh signs of a slowing jobs market, most traders think that the Federal Reserve will raise interest rates a little bit at its...Read More

Golden Arrow Resources drills 0.86% copper over 64.2 metres at San Pietro, Chile

July 12, 2023 / www.canadianinvestor.com

Share this articleVANCOUVER - Golden Arrow Resources Corp. [GRG-TSXV; GARWF-OTCQB; G6A-FSE] reported results for the remaining six holes of the 4,000-metre phase 1 drilling program at the company's flagship San Pietro iron-copper-gold-cobalt (Fe-Cu-Au-Co) project in Chile. All six holes reported are from the Rincones target, which is the most advanced target and the focus of the company's first re...Read More

De Beers Cuts Prices amid Increasing Caution

July 12, 2023 / www.idexonline.com

(IDEX Online) - De Beers has reportedly cut the price of larger rough by as much as 20 per cent at this week's sight (cycle 6) in Gaborone, Botswana, amid increasing caution from buyers. The move follows price reductions last month and a drop in total sales of almost a third during cycle 5, down to $450m.Prices of stones over 2-cts have been reduced by 10 to 20 per cent, according to a T...Read More

China rare earths association will pay cash for illegal...

July 12, 2023 / www.mining-journal.com

Published on the group's WeChat, the association said that it would review any information and pass to relevant authorities. Chinese authorities have Read More

Barksdale backs USFS against NGOs

July 12, 2023 / www.mining-journal.com

The lawsuit is challenging decisions the service made to allow the company to resume drilling at its Read More

Revival's PFS shows robust Beartrack-Arnett

July 11, 2023 / www.mining-journal.com

The PFS details average gold production of 65,300ozpa over an eight-year mine life at an all-in sustaining cost of US$1235/oz, following a $109 million initial capital investment. Read More

Patriot hits back at short-seller's claims

July 11, 2023 / www.mining-journal.com

Look beyond market approach to project valuations: van ZylLeadershipReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedNavigating the ESG Compliance LandscapeSPONSOREDepirocOn Thursday, Night Market Research released a report entitled "Patriot Battery Metals: Aggressive Van...Read More

Four Charts Reveal a Trillion-Dollar Investment Opportunity

July 11, 2023 / www.outsiderclub.com

European defense spending is always a point of consternation. There's a winding and endless debate about who's spending what and which countries are pulling their weight. It's a murky debate too because NATO members vary in population, physical size, and economic might.However, there is one undeniable, immutable fact about Western defense spending...It's going up. Collective spending by the NATO a...Read More

IEA: Mining majors are losing the critical mineral race

July 11, 2023 / www.mining-journal.com

The IEA's 2023 Critical Minerals Market Review showed an overall surge in investment in 2023, suggesting that the mining industry has the ability to meet a coming shortfall in the critical mineralsRead More

Torex shows copper potential at Mexican Moreles project...

July 11, 2023 / www.mining-journal.com

The company expects to commence producing copper at its gold mining operation in 2024 once a floatation circuit at its Media Luna expansion has been completed.Read More

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