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
If I had to guess, I would say most people don't think about the shipping industry until this time of year. But Christmas is only days away, and packages need to get from A to B. Black Friday shoppers drove record sales this year, and that's projected to continue up to the holiday. The National Retail Federation estimates that holiday sales this year will rise between 3.6% and 5.2% from last year...Read More
Grande Portage Resources (GPG) has hit promising early results, while testing new...Read full newsRead More
FPX Nickel Corp. is pleased to provide a year-end review of the CRead full newsRead More
Precipitate Gold Corp. is pleased to announce that Barrick Gold CRead full newsRead More
Brixton Metals Corporation is pleased to provide its rock and soiRead full newsRead More
Western Copper and Gold Corporation is pleased to announce the inRead full newsRead More
Ottawa, Ontario--(Newsfile Corp. - December 15, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) (Read full newsRead More
Company is raising C$85 million through a subscription receipt offering with a group of investors that will result in a new board and management, as well as a new name.Read full newsRead More
Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW) (the "Company" or "Siyata"), a developer and provider of cellular communications solutions for enterprise workers and first responders, today announced that it will be presenting at the 13th annual LD Micro Main Event investor conference on Tuesday, December 15 at 6:20AM PST / 9:20AM EST. Daniel Kim, VP Corporate Development, will be prese...Read More
Before it ceased operation in 1942, the Octave mine produced over $310 million worth of gold, and that was from just 30% of the vein. Now it is for sale.Read full newsRead More
Company is raising C$85 million through a subscription receipt offering with a group of investors that will result in a new board and management, as well as a new name.Read full newsRead More
A fire broke out at nickel mining facilities owned by Brazil's Vale SA in New Caledonia during local protests, the company said on Monday, as a simmering political dispute on the Pacific Island shows no signs of abating.Read full newsRead More
The AIM-listed company reported an after-tax loss of £390,000 for the year to June 30, an improvement on £770,000 million loss posted the year prior.Read More
Share this article VANCOUVER - Precipitate Gold Corp. (TSXV: PRG) (OTCQB: PREIF) announced that Barrick Gold Corporation has mobilized two drill rigs to the Company's Pueblo Grande Project to commence an initial phase of exploration drilling. Barrick has also provided Precipitate an update on exploration activities conducted to date as part of its earn-in agreement whereby Barrick has the right t...Read More
Share this article VANCOUVER - Great Atlantic Resources Corp. (TSXV.GR) announced it has begun a trenching program at its Mascarene Property, located in southwest New Brunswick. The program is being conducted within the eastern region of the property testing areas of historically reported copper, cobalt and nickel mineralization within a broad magnetic high trend. The December trenching program i...Read More
(IDEX Online) - Botswana Diamonds reported a second loss-making year but said demand was recovering and the future looked good.The Ireland-based explorer said it was making good progress on its newly-acquired KX36 high grade 3.5 hectare kimberlite pipe in the Kalahari about 260km north west of Gaborone, Botswana.It says it has an indicated diamond resource of 17.9 million tonnes at 35 carats per h...Read More
(IDEX Online) - A Cartier ring featuring a huge 21.86-carat Colombian emerald sold for $3.65m, almost four times the high estimate of $1m by Sotheby's New York.It was the headline lot in a sale of the "very complete jewelry wardrobe" collected by the late philanthropist and society hostess Cecile Zilkha.The square emerald-cut stone (pictured) was described as "richly saturated medium deep sli...Read More
(IDEX Online) - De Beers and the Botswana government today said they were extending the contract between them - governing production of a quarter of the world's rough diamonds - by a year.The deal, which had been due to expire at the end of this month, is of critical importance to both sides, and talks to renew it had already been delayed.The year-long extension may give both parties ti...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 resourcesA new target zone in the Pillar district, interpreted as a potential parallel lens at depth, is emerging about 70-120m ea...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The company's Chuquicamata division in northern Chile is already powered by renewable energy sources, which represent about 20% of its total power consumption.Read More