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
Reports geochemical gold analyses on 94 samples Anomalous samplesRead full newsRead More
TriStar Gold Inc. is pleased to announce results from the firsRead full newsRead More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce that the Company has entered into an agreement with Haywood Securities Inc. (the "Underwriter") for a bought deal private placement financing (the "Offering") wherein the Underwriter has agreed to purchase 2,027,027 flow-through common shares of the company (the "FT Shares") at a price of C$1.48 per FT Share for...Read More
There's an interesting truth about the price of gold.Read full newsRead More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") announced today it intends to complete a non-brokered private placement of units of the Company ("Units") at a price of $.055 per Unit, for anticipated aggregate gross proceeds to the Company of approximately $1,500,000 (the "Offering").John Abrams, CEO of Venzee states, "Venzee has established sales targets for...Read More
These Danish companies are planning to build one of the world's biggest hydrogen and e-fuel facilities.Read full newsRead More
Vancouver, BC - KIN Communications ("KIN") is pleased to announce the addition of Josh Peligal to the team as Vice President, Investor Relations. Mr. Peligal will work closely with the company's CEO & President, Arlen Hansen, to broaden KIN's institutional and analyst reach, while implementing best practices and systems oversight to KIN's clients and continually improve on strategic outreach to th...Read More
Nickel prices have taken off as China struggles to source enough of the metal from Indonesia and presenting an opportunity for Australian nickel producers.Read full newsRead More
Flake graphite is a key component in lithium-ion batteries used to power electric vehicles.Read More
Potentially, scrap could displace 155 million tonnes of iron ore from the Chinese market by 2030 which, with a natural decline in steel demand after a period of rapid expansion, could see an iron oreRead More
(IDEX Online) - Sales of jewelry, timepieces and other valuable gifts remain depressed in Hong Kong, despite a Covid lull during October.It was one of the worst-hit retail sectors, according to the country's Census and Statistics Department reported today. Cosmetics, tobacco and alcohol fared even less well.Year-on-year sales for the month were down 27 per cent, showing little sign of improve...Read More
(IDEX Online) - Struggling Petra Diamonds has completed the sale of its exploration vehicle Sekaka.It's been bought by rivals Botswana Diamonds, which will benefit from the high-grade KX36 kimberlite pipe 260km north-west of Gaborone, in the Kalahari, as well as a fit-for-purpose kimberlite processing plant and an extensive diamond exploration database.Botswana Diamonds believes the database...Read More
(IDEX Online) - The owner of an 18lb solid gold eagle encrusted with 763 diamonds has lost the latest round of court battle with insurers.Ron Shore, president of a company called Forgotten Treasures International, reported the treasure stolen during a robbery in British Columbia, Canada, in 2016 as he was placing it in the trunk of his car. He had it specially made as the prize in an internat...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Production at Escondida fell 7.6% to 99,900t compared with the prior year period. Despite higher output being seen at Collahuasi throughout 2020 compared with 2019, production in October fell 17.Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Under the agreement struck in April, Rio could earn up to 75% of the licences totalling 506sq.km, adjacent to First Quantum Minerals' Kansanshi mine."Under the terms of the earn-in agreement, Rio Tinto had two full field seasons to complete the initial work programme and they completed the [$3 million] programm...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis 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 miningThe government owns 34% of Oyu Tolgoi and the remainder is held by TSX-listed Turquoise Hill Resources, which...Read More
BMO Capital Markets says that a surge in the price of Chinese rare earth metals in November is a reflection of the geopolitical tensions between that country and the developed world.Commenting on the sudden price gains in a research note, BMO's commodity analyst Colin Hamilton also said that as nations around the world consider self-sufficiency in rare earths and other critical minerals, while als...Read More
A new research note from battery supply chain specialist and price reporting agency, Benchmark Mineral Intelligence, has a warning for carmakers about the direction of battery prices used in electric vehicles - they won't fall indefinitely.Andrew Leyland, Head of Strategic Advisory at Benchmark, points out that lithium ion battery cell prices have fallen from US$290 per kiloWatt hour six years ago...Read More
Newmont (TSX: NGT; NYSE: NEM) is ramping up towards full operations at its Musselwhite mine in Ontario following successful commissioning of the mine's conveyor system and the material handling system. Commercial production has now been restored at the Musselwhite conveyor.Musselwhite is a fly-in, fly-out operation located approximately 500 km north of Thunder Bay, Canada. The property covers an a...Read More
B.C.-focused juniors Serengeti Resources (TSXV: SIR) and Sun Metals (TSXV: SUNM) plan to combine to create a "premier Canadian multi-asset copper-gold developer."The merger will bring together the companies' adjacent projects in north-central British Columbia - Serengeti's 67%-owned Kwanika project and Sun Metals' Stardust project. It will also bring together Sun Metals' Lorraine project, 40 km no...Read More