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 IEA estimates the cost of an automotive EV battery pack was $293.4/kWh in 2016 but $156/kWh in 2019. Assuming the cost dropped a bit more in 2020, we're sitting at a battery cost of about 50% of a 2016 EV battery's costRead full newsRead More

Dec. 10-A laboratory at a sprawling open-pit gold mine has run into trouble over what inspectors say is a failure to follow hazardous waste rules at the site between Columbia and Charlotte. The Kershaw Mineral Lab has been fined $16,000 for 19 environmental violations, including allowing more hazardous material than is permitted on parts of the property and a failure to conduct proper ...Read full...Read More

Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW) (the "Company" or "Siyata") is pleased to announce it has received a purchase order of USD $1.6 million for devices within the in-vehicle category of its 4G/LTE portfolio for a leading U.S. cellular carrier. Marc Seelenfreund, CEO of Siyata, stated, "We are very pleased to receive this purchase order which is expected to be fulfilled with...Read 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

The MySteel Australian 62% fines were up another 2.66% on Friday to US$154.50/t.Canada-based Black Iron (TSX: BKI) - which is advancing its Shymanivske project in Ukraine - closed up 37.1% in Toronto, despite no news since October.Meanwhile a deadline has been shifted in Brexit trade talks, and US president Donald Trump continues to protest the election result.Market futures were mixed.The gold pr...Read More

The company has said Tamarack was positioned to become the only US source of "green nickel", following Tesla's call for clean nickel and the expected growing demand for the battery mineral.Talon said the over-allotment option for its offering, also priced at 30c per share, was exercised in full.Talon can acquire up to 60% of Rio Tinto's Tamarack, after turning down the option to purchase Rio subsi...Read More

Rod McIllree, chief executive of Bluejay, said the licence "allows us to now implement the initial 440,000 tonnes ilmenite concentrate per annum operation".Read More

Share this article SASKATOON - Cameco Corp. says it will temporarily suspend production at its Cigar Lake uranium mine in northern Saskatchewan after six positive COVID-19 tests in recent weeks at northern operations, including three at the mine.The Saskatoon-based company says the mine will be placed in a "safe state of care and maintenance," resulting in a significant reduction in personnel and...Read More

(IDEX Online) - A fraudster who promised investors high returns and no risk in a rough diamond Ponzi scheme has been jailed for seven years by a US court.Jose Angel Aman, 52, and his partners claimed the money would be used to buy colored rough, which they'd sell on at a profit after having the stones cut and polished.Aman claimed the scheme was secured by an inventory he held worth $25m. He...Read More

(IDEX Online) - Grib Diamonds says it sold $35m of rough at its latest Antwerp sale, and described the market as "extremely buoyant".Overall prices were up by about five per cent, and all the 450,000 carats offered were sold."The main strength was in the bigger sizes but smalls and melees were also up," said head of sales Antony Dear. Increases among two-carat goods were in the high single di...Read More

(IDEX Online) - India's government is facing mounting pressure to reduce import duties on diamonds and precious metals to boost the jewelry industry's pandemic recovery.Manufacturers currently pay levies of 7.5 per cent on polished diamonds and 12.5 per cent on gold, silver and platinum."Duty reduction will boost the recovery, and help the industry, which is already a mega-employer, to g...Read More

Bardoc eyes long-term growth in prime goldfields locationSPONSOREDbardoc goldDrill results multiply value options in front of YandalSPONSOREDyandal resources'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningOceanaGold commits to net zero emissions by 2050SPONSOREDoceanagoldThe pair first entered into negotiations in 2016 following CMOC's $2.65 billion purchase...Read More

Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.It also provided a production outlook to 2023, with the biggest increase seen in copper from 640,000-650,000t this year to 890,000t-1 million tonnes in 2023, once its 60:40 Quellaveco copper joint venture with Mitsubishi in Peru has come online."We expect to deliver sector leading volume growth of 20-25% over t...Read More

Bardoc eyes long-term growth in prime goldfields locationSPONSOREDbardoc goldDrill results multiply value options in front of YandalSPONSOREDyandal resources'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningOceanaGold commits to net zero emissions by 2050SPONSOREDoceanagoldShareholders, naturally, will be demanding fatter payouts when full and half-year result...Read More

Cameco (TSX: CCO; NYSE: CCJ) announced today that it will temporarily suspend production at its Cigar Lake uranium mine in northern Saskatchewan over the coming weeks due to the increasing risks posed by the Covid-19 pandemic."The safety of our workers, their families and communities is our top priority," Tim Gitzel, Cameco's president and CEO, stated in a news release. "We have had six positiv...Read More

Developer Battle North Gold (TSX: BNAU; US-OTC: BNAUF) has released a resource estimate for the McFinley zone, located along a 4-km long corridor stretching out from the F2 gold deposit at its Bateman gold project in Red Lake.The resource features 205,700 measured and indicated tonnes grading 6.04 grams gold per tonne, totalling 40,000 gold oz., and 259,300 inferred tonnes at 8.53 grams gold per t...Read More

O3 Mining (TSXV: OIII) has released the results of a preliminary economic assessment on its Garrison gold project in Ontario's Kirkland Lake region. The study suggests a 'low capital intensity', 12-year, 11,000 tonne per day open pit operation with carbon-in-leach (CIL) processing.The proposed mine would generate an average of 121,000 gold oz. annually in its first eight years, with life-of-mine a...Read More

Chile's Codelco, the world's largest copper producer, has outlined sustainability plans in five areas of action for its operations and projects, including goals to cut carbon emissions by 70%, reduce inland water consumption by 60% and recycling 65% of its industrial waste by 2030.The state-owned miner, which in 2017 planned to sell "green copper" at a premium price to customers using more sustai...Read More

What a Leap Year it has been! Quite apart from Brexit in Europe, a chaotic Presidential election in the United States and Covid-19 everywhere, we have uncertainty over the price direction of gold as this horrid year draws to a close.I am neither a chartist nor a particular exponent of gold, but I can't see any concern about the precious metal's price direction - at least not yet. The reason has mu...Read More

The S&P/TSX Venture Composite Index rose 1.46% (11.19 points) to finish the Dec. 7-11 trading week at 780.30. Spot gold dropped US$24.50 per oz. (1.31%) to US$1,839.50 per ounce.Shares of Whitehorse Gold surged $1.50 to $3.28 per share on a strong intercept from its 2020 drill program at its wholly owned Skukum gold project in the Yukon. Drillhole SC20-001 returned 8.07 metres (true width) grading...Read More