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
Victoria Gold (TSX: VGCX) has released assays for the final 13 drill holes from this year's exploration program at the Raven target within its wholly owned Dublin Gulch property in the Yukon. The intercepts featured long intervals of gold mineralization.Drill highlights include 19 metres of 3.95 grams gold per tonne from 90 metres, within a 174-metre section of 0.76 gram gold; 11 metres of 2.13 gr...Read More
After acquiring the Cerro de Oro project in August, Minera Alamos (TSXV: MAI) has released an initial resource estimate for the 65-sq.-km property in Mexico's Zacatecas state.The resource estimate features 48 million inferred pit-constrained tonnes, grading 0.41 gram gold per tonne, containing 630,000 oxide oz. gold. This estimate is based on a 0.18 gram gold per tonne cutoff grade, and was prepar...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRemote Pitram deployment puts miners in the driver's seat Amid Covid ClosuresSPONSOREDmicromine'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningThe Corps said in August it could not permit the project under Section 404 of the Cl...Read More
Earlier this month, Madagascar's government suspended a controversial gold-mining operation in Vohilava commune in the country's southeast. Many local people welcomed the news, which comes after years of tension over the project's environmental and economic impact and a recent demonstration against it. In early September, local people who oppose the project destroyed company equipment, throwing [....Read More
Potential exists for the dollar price of gold to rise more than 5-10 fold.Read full newsRead More
Meanwhile US president Donald Trump is refusing to concede defeat to rival Joe Biden following the election 13 days ago."I concede NOTHING," he tweeted hours ago, referring again to claims of the election being rigged.Elsewhere, Peru's interim president Manuel Merino is resigning just six days after the impeachment of his predecessor plunged the country into turmoil, Bloomberg reported.The number...Read More
(IDEX Online) - Dominion, the troubled Canadian miner, is to recall about 60 furloughed employees in the hope that that its Ekati mine will soon resume operations.The deposit has been closed since March and Dominion, the world's third largest producer of rough diamonds by value, subsequently filed for insolvency protection.It expects to reach agreement soon to restructure its debt and secure...Read More
(IDEX Online) - Elvis Presley's custom-made gold ring, featuring a 7.56ct VS2 diamond, could fetch as much as $1m when it is auctioned later this month.It is among the headline lots at a sale of showbiz memorabilia in Los Angeles, USA.The ring was designed by the King with the TCB logo - Taking Care of Business - the name he gave to his band, together with a pair of lightning bolts.The ring (...Read More
(IDEX Online) - The price of fancy color diamonds fell by 0.7 per cent in Q3 after sales came to a halt in April because of coronavirus.The New York-based Fancy Color Research Foundation (FCRF) has produced its first quarterly index of 2020. Business was to slow in previous quarters to provide sufficient data.Its figures compare Q3 2020 with Q4 2019 and show declines of -0.8 per cent for pin...Read More
The Northern Miner's Global Mining Symposium virtual conference this week - the second one this year - was yet another resounding success, with thousands of viewers tuning in from around the world to hear the views of some of the industry's leading visionaries and entrepreneurs. From Haywood Securities co-founder and Canadian Mining Hall of Fame inductee David Elliott to Rob McEwen of McEwen Minin...Read More
Firepower boosts equity markets on back of Covid-19 vaccine breakthroughRead full newsRead More
In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More
Share this articleCALGARY - The owner of the Ekati Diamond Mine in the Northwest Territories says it is asking about 60 furloughed workers to return to work in early December to prepare for an anticipated restart of the suspended mine.Dominion Diamond Mines ULC says its senior secured lenders and an ad hoc group of holders of its second lien notes say they expect to be able to reach a binding agre...Read More
It's estimated that they hold over 30,000 tonnes of gold.Read full newsRead More
ALX Resources Corp. (TSXV:AL,FWB:6LLN,OTC:ALXEF) has launched its campaign on the Investing News Network.Read full newsRead More
Getchell Gold Corp. a leading Nevada focused Gold and Copper explRead full newsRead More
Commander Resources Ltd. is pleased to report on exploration actiRead full newsRead More
Noble Mineral Exploration Inc. announces that it is applying to eRead full newsRead More
Extends Payments To March 2023VanGold Mining Corp is pleased to aRead full newsRead More
Dr. Copper is clearly predicting an economic recovery but, in the meantime, gold is a useful prescription to boost mined wealth.Read full newsRead More