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
Skeena Resources (TSX: SKE; OTCQX: SKREF) is pleased with the latest results from the former-producing Eskay gold mine. The best assay was 20.68 grams gold per tonne and 5 grams silver over 11.78 metres in hole SK-20-456.These core results come from the company's Phase 1 combined campaign of definition and exploration drilling at the project located in the Golden Triangle of B.C.The same campaign...Read More
Canada's Lundin Gold (TSX:LUG) is going ahead with expansion plans for its Fruta del Norte gold-silver mine in Ecuador, the country's largest, only a year after producing the first dor?(C) bar on site.The Vancouver-based miner said the $18.6 million expansion will take throughput from 3,500 to 4,200 tonnes per day over the life of mine and would be funded by cash flow from operations.Lundin...Read More
Vancouver's Taseko Mines Ltd. (TSX: TKO; NYSE American: TGB; LSE: TKO) has received the Aquifer protection permit (APP) for its Florence Copper project. The permit was granted by the Arizona Department of Environmental Quality (ADEQ).Taseko CEO Russell Hallbauer commented in a release, "This is a key milestone in the advancement of the company's next operating asset. By issuing this permit, the AD...Read More
Look beyond market approach to project valuations: van ZylLeadershipGenesis opens new chapter at UlyssesSPONSOREDgenesis minerals'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningPantoro bullish on bigger production profileSPONSOREDpantoro limitedAurelia Britsch, head of commodities at Fitch Solutions, told Mining Journal the outlook for 2021 was generally pos...Read More
What's your place in line? It's a question that will be coming up a lot in the next few months as we come to what seems to be the beginning of the end of this pandemic. It's looking increasingly likely that vaccines will be rolled out to the general public here in the U.S. before we ring in the new year. Between now and then, there will be a lot of questions about who gets the vaccine when. Hea...Read More
The Josie Hotel was recently named the best ski hotel in Canada by the World Ski Awards, Enter our 12 Days of Giveaways to win now and travel later.Read full newsRead More
Xplore Resources Corp. announces that it has completed the acquisRead full newsRead More
Tarku Resources Ltd is pleased to announce that Kyle Appleby hasRead full newsRead More
Brixton Metals Corporation is pleased to announce the initial driRead full newsRead More
Paramount Gold Nevada Corp. announced today that in response to hRead full newsRead More
African Gold Group, Inc. is pleased to provide an update on the oRead full newsRead More
Rover Metals Corp. is pleased to announce that it has entered intRead full newsRead More
Maple Gold Mines Ltd. has announced today that it has entered intRead full newsRead More
Kevin Weston, Chief Executive Officer and Director, Whitehorse GoRead full newsRead More
The headlong rush for that gold is one of the ugliest market forces in the world.Read full newsRead More
Vancouver, BC December 8, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce positive sampling and mapping program results from the Mesquite-Imperial-Picacho District exploration ("District") on the Imperial Gold project ("Imperial"), which is nine miles southeast from Equinox Gold's (TSX: EQX) Mesquite gold mine ("Mesquite").Highlights:Discovered...Read More
Nova Resources, the buyout vehicle backed by KAZ chairman Oleg Novachuk and non-executive director Vladimir Kim, has abandoned the scheme of arrangement proposed in October in favour of a takeover -Read More
(IDEX Online) - An Indian farmer unearthed a "pebble" that turned out to be 14.98 carat diamond - that has now been sold at auction for over $80,000. Lakhan Yadav, 45, was prospecting last month on a rented patch of land in an area of the central Madhya Pradesh state known for its diamond deposits. He bought a motorbike with the pre-auction deposit he received from the local diamond...Read More
(IDEX Online) - India's gem and jewelry exports rebounded last month, approaching pre-Covid levels for the first time since the pandemic hit.Manufacturing is almost back to normal and after a series of voluntary embargoes, rough imports rose in October by almost 70 per cent.Foreign sales for November were within four per cent of the same month in 2019, signaling a sharp upturn in demand. ...Read More
(IDEX Online) - Canada's Dominion Diamond Mines has agreed to sell its Ekati mine to investment managers following the collapse of a rescue deal in October.The troubled miner filed for insolvency in April and had been seeking a buyer since then for the deposit in Northwest Territories.It's being acquired by DDJ Capital Management and Brigade Capital Management, representing holders of Do...Read More