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
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report the final chemical assay results from the summer drilling program completed in late October at the Hurricane zone. The Hurricane zone is a recent discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan.Highl...Read More
Vancouver, BC December 1, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce the staking of 14,104 acres of additional claims at the Company's 100% owned Long Valley Gold Deposit ("Long Valley" or "Project"), located in California, USA. The claims were staked after prospecting identified additional gold targets to the north, west and east of the...Read More
There's an interesting truth about the price of gold.Read full newsRead More
The mining giant is making the most of rising gold prices.Read full newsRead More
LME base metals reached fresh multi-year highs on Monday as Chinese manufacturing PMI surprised on the upside and Japan's industrial production data beat estimates, Marex Spectron's Anna Stablum said.LME copper touched US$7,692.50/t today in hefty volumes - the highest intraday price since March 26, 2013, she said.Aluminium closed at $2,036/t, its highest point in two years.Gold has fallen below $...Read More
(IDEX Online) - Customs officers in Hong Kong made their biggest diamond seizure for three years at a crossing point into mainland China.The driver of a truck destined for Shenzhen was found to have 160 gems worth $840,000 stuffed into a trouser pocket. Criminals try to smuggle diamonds from Hong Kong to factories across the border to avoid paying import taxes of up to 20 per cent.In this cas...Read More
(IDEX Online) - Dubai's free trade zone yesterday opened an office at the Israel Diamond Exchange, in a landmark move to promote commerce and cooperation.Officials from the Dubai Multi-Commodities Centre (DMCC) and the Dubai Diamond Exchange flew in on the first regularly scheduled flight from the UAE to Israel.It follows the US-brokered Abraham Accords, normalizing relations between the coun...Read More
(IDEX Online) - Fancy cuts suffered in November with price drops across colors and clarities among smaller stones, in marked contrast to September's blitz of increases. Decreases also dominated, though less severely, in larger goods. Rounds fared better, with a more or less even mix of ups and downs.HIGHLIGHTED CHANGESRounds0.90-0.99 ct. E / IF-VVS1 +2.5%, F / VS1-2 ...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 miningUnder a deal announced Monday for San Martin, Japan Oil, Gas and Metals National Corporation can earn up to a...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Cantallopts said that despite a year of high volatility in which the copper price experienced a low of US$2.09 per pound in March, it was forecast to end 2020 at an average copper price of $2.Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The company planned to deliver a PFS by the end of September, but said at the beginning of October COVID-related restrictions meant "critical geotechnical data" was not available.Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.On November 26 ERG said Metalkol, its tailings processing project in the Haut-Katanga province, had signed up to be assessed under the Responsible Minerals Assurance Process (RMAP), part of theRead More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The company boosted its copper outlook for 2021, based on increasing grades at Candelaria in Chile and expected "full-year, uninterrupted contributions" from both Candelaria and Chapada in Brazil.Candelaria had been suspended in October due to strike action and Chapada's processing plant was significantly damag...Read More
This week's episode features Caldas Gold CEO Serafino Iacono in discussion with Northern Miner editor-in-chief Trish Saywell at the Global Mining Symposium. Trish asks Serafino about what it's like to develop a mine in Venezuela and the different touchstones of his varied career.Serafino Iacono has over thirty years of experience in capital markets and public companies and has raised more than $4...Read More
Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) said today it won't be able to complete the prefeasibility study for its Alpala copper-gold project this year as planned.The Australian miner had already flagged delays with the pre-feasibility study as Covid-19 related restrictions meant "critical geotechnical data" was not available on time.SolGold noted that the data, now in its hands, has...Read More
The Government of Mongolia and representatives of Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) have set up a special board committee to conduct an independent review into the cost overruns and delays at the Oyu Tolgoi underground expansion flagged by Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) last year.Two of the commission's four members were nominated by Turquoise Hill, with another two chosen...Read More
Australia's largest gold producer Newcrest Mining (TSX: NCM; ASX: NCM) has signed a joint venture (JV) deal with Greatland Gold (LSE: GGP) to continue advancing the Havieron gold-copper project in the Paterson region of Western Australia.The new agreement builds on the US$65-million farm-in alliance the companies established last year, which has given Newcrest a 40% interest in the U.K.-based mine...Read More
The Northern Miner is excited to bring our members the latest information on key junior miners in a new format: live video presentations.On December 15th, junior mining investors will get to engage directly the CEO of KORE Mining, Scott Trebilcock, via our live, industry-leading streaming platform.KORE Mining (TSX-V: KORE; OTCQX: KOREF) has a portfolio of North American gold projects with leverage...Read More
Geosynthetic clay liners (GCLs), used for over 25 years as a substitute for the compacted clay component of composite liners in industrial applications, are gaining momentum in industrial waste disposal and ore processing applications.These applications include liners for tailings dams and heap leach pads as well as in caps and cover systems. GCLs are a sustainable choice in that they can reduce t...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 Vancouver-headquartered company has over the past 18 months completed a C$1.2 billion (US$928 million) sh...Read More