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 best gold miner ETFs for Q1 2021 are SGDJ, RING, and GDXJ.Read full newsRead More
/PRNewswire/ -- All through history, people have found security in gold during good times and especially in times of crisis. There are many purported reasons...Read full newsRead More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(CSE: SSVR, OTCQB: SSVRF, Frankfurt: 48X) is pleased to provide the following letter to all shareholders from the CEO.Dear Shareholders and Investors,This past year marked a strong debut year for Summa Silver. After listing in February, the Company quickly optioned two high-quality silver and gold exploration properties in und...Read More
Vancouver, BC January 05, 2021 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to provide an update on the proposed transfer of all of its British Columbia ("BC") gold exploration assets ("Spin Out") into a newly incorporated company called Karus Gold Corp. ("Karus" or "Karus Gold").Updates and Next Steps:Spin Out requires approval at the virtual KORE shareholde...Read More
(IDEX Online) - Tiffany & Co is to sell the most expensive piece of jewelry in its 183-year history - a necklace with an 80-carat diamond that is expected to fetch at least $10m.The New York-based jeweler, founded in 1837, declined to say what it paid for the gem but told the fashion Bible Women's Wear Daily (WWD) the necklace's price tag would be "within the eight-figure range"...Read More
(IDEX Online) - Lucara is to operate the Karowe mine, in Botswana for another 25 years after the government extended its mining license.The move will allow it to pursue an underground expansion program costing more than $500m, with first ore anticipated from underground in 2026. The company anticipates financing to be in place by the second half of this year.Canada-based Lucara is known for its la...Read More
(IDEX Online) - Masked men armed with metal bars made off with over $500,000 of jewelry in a lightning raid on a store in southern Israel.The gang of three cleared the contents of the shelves into large sacks, emptied the safe and were gone in under two minutes.Toni Roytman, owner of Roytman Diamonds, a family business at a mall in the city of Beersheba, said in a Facebook post that "due to techni...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipBardoc eyes long-term growth in prime goldfields locationSPONSOREDbardoc goldDrill results multiply value options in front of YandalSPONSOREDyandal resourcesWith around $100 million in the bank, the real work now starts on proving up the potential of the 5km by 5km porphyry clu...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.With 22 months of pre-stripping to be undertaken, production is scheduled for the second semester of 2022. Salvador produced about 60,000t of copper in 2020.Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Jefferies said the demand would "more than offset" a slowdown in Chinese consumption.Read More
Only two weeks after the federal government blocked a takeover of struggling Nunavut gold miner TMAC Resources (TSX: TMR) by China's Shandong Gold Mining, TMAC has found itself in the arms of a Canadian white knight - Agnico Eagle Mines (TSX: AEM; NYSE: AEM).On Jan. 5, Agnico announced a friendly bid for TMAC of $2.20 per share - 45 ? per share higher than the $1.75 per share Shandong had offered....Read More
This week's episode features advisor Andrew Cheatle in discussion with Northern Miner group publisher Anthony Vaccaro at the Global Mining Symposium. Andrew explains how mining companies can practically contribute to their local communities and how good business principles can help the UN achieve its 17 Sustainable Development Goals for 2030.All this and more with host Adrian Pocobelli.Music Credi...Read More
Probe Metals (TSXV: PRB; US-OTC: PROBF) has released assay results for 12 holes drilled as part of its 2020 expansion drill program within the Monique property at its Val d'Or East gold project. The results suggest ongoing expansion of the I and M gold zones along strike and at depth, as predicted by the company's three-dimensional geological model.The drill highlights included 10 metres of 2.4 gr...Read More
We are into a new year, and in the U.K. we face a near-perfect storm. On top of the depressing weather, Brexit has finally come into effect (after the 11-month transition period) just as we face a new variant of Covid-19.Yes, we have a post-Brexit trading deal with the European Union (E.U.), but the U.K. faces a difficult start to 2021 because of additional border bureaucracy and uncertainty about...Read More
Intercontinental Gold and Metals (TSXV: ICAU) has completed the first zinc-silver concentrate shipment from its toll processing facility in Bolivia.The commodity trading firm reported that the initial shipment added up to 420 tonnes of zinc-silver concentrate. The zinc concentrate graded in excess of 50% zinc and over nine ounces of silver per tonne with no material impurities or penalties."This e...Read More
Lucara Diamond (TSX: LUC) said Botswana has renewed the company's mining licence for its Karowe mine for another 25 years, paving the way to fully move the mine's underground expansion to its execution phase.President and CEO Eira Thomas said the licence renewal and extension was an important milestone for the underground expansion of Karowe, as it eases the completion of a supplemental debt fi...Read More
Cutting a check for an investor to spend on your behalf is nothing new.That's the essence of private placements. Same with hedge funds and a slew of other fringe investments.Every once in a while, though, something else comes along where the devil is in the details. We're seeing something today that's old but being resurrected in the equity markets, and it takes the flexibility to manage your fund...Read More
Rover Metals Corp. is pleased to announce that it submitted a perRead full newsRead More
Rover Metals Corp. is pleased to announce that it submitted a perRead full newsRead More
For anyone that works, commuting might just be the worst part of the day. So with WFH and less time commuting, could we see a drastic change in the cities we...Read full newsRead More