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
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
/PRNewswire/ -- Over the last decade, global demand for gold has increased constantly. Worldwide gold demand amounted to 4,356 metric tons in 2019. Demand has...Read full newsRead More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(CSE: SSVR, OTCQB: SSVRF, Frankfurt: 48X) is pleased to announce that is has initiated exploration drill planning and permitting at the Mogollon Property in southwestern New Mexico. The drill program is anticipated to commence in mid-2021 with the primary focus of targeting un-mined extensions of the Consolidated Mine, where p...Read More
/PRNewswire/ -- Over the last decade, global demand for gold has increased constantly. Worldwide gold demand amounted to 4,356 metric tons in 2019. Demand has...Read full newsRead More
SOUTH COTABATO, Philippines - A court in the Philippines has dealt another setback to the company looking to mine Southeast Asia's largest untapped deposits of copper and gold, ruling to uphold a ban on the type of destructive mining being proposed. In its Oct. 12 ruling, the court in South Cotabato province dismissed a petition [...]Read full newsRead More
(IDEX Online) - Lucara has recovered yet another huge diamond from its Karowe mine, in Botswana.The 998-carat high white clivage diamond (pictured) is reckoned to be the fourth largest stone found in the country.It follows several remarkable finds. In February the same mine yielded the 549-carat Sethunya diamond. In April 2019 the 1,758-carat Sewelo was recovered. And in 2015 the mine announced th...Read More
(IDEX Online) - Botswana's president says he expects diamond production to bounce back after exports were almost halved by COVID-19 and the resulting travel restrictions.Exports fell 42 per cent to $1.49bn in the first nine months of 2020 as production fell 29 per cent to 12.3m carats," said Mr Masisi during the state of the nation address on Monday.But he said there were signs of a recovery...Read More
American specialty jewelers' revenues have been hard-hit this year by mandated store closings due to Covid-19. As a result, producers, suppliers, and retail jewelry merchants have faced greater-than-normal uncertainties about the market.In an effort to provide the diamond and jewelry industry with benchmarks to measure sales levels over the past several months, IDEX Research has summarized th...Read More
(IDEX Online) - Consumers are adapting to the "new normal" and are still buying diamonds, says De Beers in its 2020 Diamond Insight Report.In spite of the pandemic, diamonds retain broad appeal across consumer segments, it concludes."For many consumers, the purchase of a diamond and all it stands for has taken on even greater meaning, due to the impact of lockdowns and an increased desire to show...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp."After only three months of acid injection, we have collected enough copper to start initial production; this will allow us to commission and evaluate SX-EW [solvent extraction-electrowinning] capabilities," president and CEO Stephen Twyerould said."Optimisation programmes are being rolled out to additional wel...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Copper alloy surfaces are said to be naturally antimicrobial with self-sanitising properties. Research has shown these surfaces eliminate up to 99.9% of harmful bacteria and viruses, according to Teck.Teck is funding the pilot project that will initially run over four weeks with various copper surfaces installe...Read More
The Northern Miner's Global Mining Symposium this week featured an interview with Canadian mining entrepreneur Rob McEwen, chief owner and chairman of McEwen Mining (TSX: MUX; NYSE: MUX).The legendary investor, perhaps best known for transforming Goldcorp into a global powerhouse and revitalizing the Red Lake gold mine in Ontario, shared his philosophy on everything from how to pick the right comp...Read More
O3 Mining (TSXV: OIII) is adding drill rigs across its Alpha and Malartic properties in Val d'Or, Que., and the explorer now has a total of six rigs turning at the two projects.Two drills are operating at the Malartic property, scheduled to drill 45,000 metres, and four are at Alpha, where they will aim to complete 100,000 metres.O3 president and chief executive Jose Vizquerra said the exploration...Read More
West Africa-focused gold miner Roxgold (TSX: ROXG; US-OTC: ROGFF) has added near-surface, open-pittable reserves and resources to its mineral inventory at its underground Yaramoko mine complex in Burkina Faso. The company released a resource and reserve update, which shows net ounce growth at the site, after mining depletion.With the latest additions, Roxgold has 820,000 tonnes of probable reserve...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The month before South32 had wrapped up its over-the-top US$1.Read More
For better or worse, the decision of the people in Washington, D.C. affects every last one of us. People can post about it in all caps on Facebook. They can hold up signs on the side of the road. They yell at their TVs over it all they want. That doesn't change the reality of the situation. Likewise, the reality is that we'll be seeing a changing of the guard in D.C. in January. And like any time...Read More
Straightup Resources or theRead full newsRead More
Novo Resources (TSXV:NVO) is a gold exploration and development company with a pipeline of conglomerate gold projects in Australia's Pilbara gold region.Read full newsRead More
African Gold Group, Inc. is pleased to provide an update on its cRead full newsRead More
Portofino Resources INC. announces that further to its previouslyRead full newsRead More