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 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 UK capital leapfrogged the TSX and ASX, where US$3 billion and US$1.8 billion respectively was raised, having trailed the two miner-heavy exchanges for the previous four quarters.Read More
(IDEX Online) - A woman passenger flying from Dubai was caught smuggling diamonds worth almost $600,000 into Ukraine. Customs officers seized polished stones weighing over 50 grams yesterday at the Boryspil International Airport after a tip-off. The woman, a Ukrainian national, was found to have 38 small plastic bags of diamonds, sorted by size, according to UNIAN, the Ukrainian Independent Inform...Read More
(IDEX Online) - The largest gem-quality colored rough diamond ever recovered at Lulo, Angola, has been cut and polished into a 15.2-carat heart shape and two smaller stones.Trading reforms brought in by the country's government last year will allow mine operator Sociedade Mineira Do Lulo (SML) to seek higher prices than it would previously achieve at mine gate. Australian miner Luc...Read More
Look beyond market approach to project valuations: van ZylLeadershipGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsDigbee talks the rebirth of independent investment researchSPONSOREDdigbee'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningBig movers in the top 10 of the latest list were US-based copper miner Southern Copper Company, which rose si...Read More
Genesis opens new chapter at UlyssesSPONSOREDgenesis mineralsDigbee talks the rebirth of independent investment researchSPONSOREDdigbee'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningPantoro bullish on bigger production profileSPONSOREDpantoro limited‘Aussie Mine 2020: Resourcing the recovery' canvasses the financial and operating performance of the 50...Read More
Sustainability consulting firm ERM says the mining industry needs to do more to prevent tailings dam disasters and notes that a further possible 19 incidents with tailings facilities could occur over the next decade.In a report released last month, ERM reviewed the dam failure incident reports of 11 major dam failures over the last 12 years and concluded that "basic organizational and human factor...Read More
Samarco is expected to resume activities this month, five years after the Fund??o dam tragedy.On November 5, 2015, the dam, owned by Samarco - controlled by Vale (NYSE: VALE) and BHP (NYSE: RIO; LSE: RIO) - burst, releasing 39.2 million cubic meters of tailings waste in the Rio Doce Basin, killing 19 people. At the time it was Brazil's biggest environmental disaster. Brazilian prosecutors said in...Read More
The most recent resource update from Quebec-focused junior QMX Gold (TSXV: QMX) includes meaningful resource growth across all categories and adds an initial underground resource at the 200-sq.-km Bonnefond property in the Val d'Or mining camp.Indicated resources (wholly in the open pit category) within the East zone of the Bonnefond deposit now stand at 7.4 million tonnes grading 1.67 grams gold...Read More
According to GlobalData's latest report, M&A deals in the U.S. metals and mining industry for the third quarter of 2020 totaled US$1.59 billion. The valuation is a decrease of 13% from the previous quarter, and also marks a drop of 10.9% in comparison to the last four-quarter average of US$1.79 billion.Globally, third quarter metals and mining industry M&A deal values totalled US$7.21 billion, of...Read More
Unigold (TSXV: UGD; US-OTC: UGDIF) has reported drill results from its exploration program at the Candelones Extension deposit, part of the company's 100% owned Neita Concession in the Dominican Republic, 220 km northwest of the capital Santo Domingo.The company has completed 31 drill holes totalling 9,470 metres of its planned 15,000 metre program. These include nine metallurgical holes totallin...Read More
A restart of exploration efforts is set to go ahead at the historic St. Anthony gold mine in the Kenora Patricia mining district of Ontario, according to Peter Wilson, president of Maxtech Ventures (CSE: MVT; US-OTC: MTEHF).When the underground mine shut down in 1944, St. Anthony was the largest producing gold mine in the area. By the time it closed, the mine had produced 63,310 ounces of gold at...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 2050SPONSOREDoceanagold"We will take a significant proportion of the time allotted to us to complete an exhaustive review of the administra...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The Copper Mountain mine will be the official trolley assist test site of mining equipment provider Komatsu, with a trial due to commence in mid-2021.Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.That came through in Tuesday's market when Sandfire gave the go-ahead for a $371 million development of T3 on the emerging Kalahari copper belt.Read More
David Elliott - Featured Speaker - GMS: November 10th, 2020 from The Northern Miner on Vimeo.Read More
Worst year ever, right?Seems like that's the consensus. And it's hard to argue when you look at the havoc wreaked by the coronavirus, the race riots, and Giuliani pressers.Yet another cherry was added to the top of this cake earlier this week, when the United States reported...More than 200,000 new coronavirus infections nationwide...More than 100,000 patients hospitalized with COVID-19...And mor...Read More
Puma Exploration Inc., PUMA-TSXV, is pleased to announce the closRead full newsRead More
Reports geochemical gold analyses on 94 samples Anomalous samplesRead full newsRead More