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
Genesis 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 limitedOceanaGold commits to net zero emissions by 2050SPONSOREDoceanagoldNova Resources, the buyout vehicle backed by KAZ chairman Oleg Novachuk and non-executive director Vladimir Kim, has...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The first hole at the Cacharposa target hit promising visual mineralisation back in October. Final assays have now been received, with the hole returning 899.3m at 0.53% copper equivalent (0.Read More
For Scotiabank senior economist Marc Desormeaux, forecasting what the 2021 global commodity markets will be like, especially for industrial metals, is heavily predicated on the ability of nations to respond to Covid-19 in the new year. Speaking to The Northern Miner, Desormeaux talked about the importance of dealing with the virus, while also discussing the impact a new administration in Washingto...Read More
This week's episode features Association for Mineral Exploration president and CEO Kendra Johnston and SGDS Hive CEO and AME board member Andy Randell. Kendra and Andy discuss the upcoming AME Roundup conference from Jan. 18-22, 2021, which will take place virtually and focus on diversity and inclusion.Kendra Johnston joined AME as president and CEO in June 2019 following several years of voluntee...Read More
Global diamond production this year fell by more than 20% to about 113 million carats due to planned production declines by the major producers and significant pandemic-related suspensions and curtailments across the industry, Paul Zimnisky, an independent diamond analyst and consultant told The Northern Miner.Zimnisky said that mines including Ekati, Aikhal, Verkhne-Munskoye, Williamson, Liqhobon...Read More
Noront Resources (TSXV: NOT) says it welcomes the investment in the company by Australian explorer and developer Wyloo Metals Pty Ltd."We are delighted that Wyloo Metals has chosen to acquire a cornerstone interest in Noront," said Noront president and CEO Alan Coutts.In a deal with Resource Capital Fund V and Resource Capital Annex Fund V, Wyloo will pick up 22.5% of Noront's outstanding shares,...Read More
Cassiar Gold has released the last of its drill results from its 2020 exploration campaign at its Cassiar gold project in northern B.C. The 24-hole program was designed to confirm the results of historical assays and expand near-surface resource at the Taurus deposit, including the higher-grade Sable zone."These are our best results from Taurus yet," said Cassiar CEO Marco Roque in a release. "Th...Read More
Producer Victoria Gold has released its first exploration results from the Lynx target, which lies along the Potato Hills trend within its flagship Dublin Gulch gold property, also host to the Eagle gold mine. according to the release, these results suggest that the Lynx target "has the potential to host a much larger and more robust mineralized system than previously recognized."The latest re...Read More
Rio Tinto, Newmont Corporation, New Gold, SRK Consulting and Centerra Gold are taking additional steps towards promoting gender equality in the mining sector by joining forces with global non-profit organization International Women in Mining.The mining giants joined the 2021 International Women in Resources Mentoring Programme, which is aimed at empowering women in the mining sector by providing...Read More
It's one thing to have the technology. It's another to have the infrastructure.We've covered the explosive growth of hydrogen fuel cell technologies and the rapid deployment of test programs across a wide range of vehicles.From cars and trucks to railroads on land. From ships of all sizes - civilian and military - to the world's first hydrogen-fueled flight.An entire prototype city center is even...Read More
This incident has been resolved.Read full newsRead More
Provides Update on RLX North and RLX South PropertiesRead full newsRead More
Idaho Champion Gold Mines Canada Inc. is pleased to announce rockRead full newsRead More
Barksdale Resources Corp. is pleased to announce the appointmentRead full newsRead More
While you might not strike rich, you can enjoy the great outdoors and take part in a historic Colorado pastime by gold panning along the river.Read full newsRead More
The headlong rush for that gold is one of the ugliest market forces in the world.Read full newsRead More
While you might not strike rich, you can enjoy the great outdoors and take part in a historic Colorado pastime by gold panning along the river.Read full newsRead More
The red metal rose to US$7,747/t on the London Metal Exchange, the highest intraday price since March 21, 2013, Marex Spectron's Anna Stablum said.Iron ore rallied as Chinese port inventory declined, she said.The price was also boosted by last week's news of Vale cutting its 2020 production outlook again, from a revised 310-330 million tonnes to 300-305Mt.MySteel 62% Australian iron ore fines were...Read More
Privately-backed BMC Minerals could be in position to push the development button on the Kudz Ze Kayah silver/zinc project in Canada's Yukon territory in 2021 as permitting, engineering and financingRead More
Share this article CALGARY - Dominion Diamond Mines ULC says it has struck a new sales agreement for Canada's first diamond mine that will result in the suspended Northwest Territories project restarting production before Jan. 29.The Calgary-based company says it will sell its Ekati mine about 300 kilometres northeast of Yellowknife to an entity controlled by DDJ Capital Management, LLC, and Brig...Read More