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
(IDEX Online) - The Damtshaa mine, in Botswana, will reportedly close for three years as COVID-19 disruption and the consequent weak demand renders it unviable.The Debswana-operated deposit produces around 500,000-carats annually of lower-value diamonds - just 2.5 per cent of the country's total output.Joseph Tsimako, president of the Botswana Mine Workers Union told the Reuters news agency o...Read More
(IDEX Online) - A rare 6.70-carat VS1 natural fancy deep yellow diamond from the famous Zimmi mine, in Sierra Leone, could fetch as much as $705,000 at auction.Canary yellow diamonds from Zimmi can command double the price of other fancy yellows because of their uniquely high color saturation levels. Yellow Zimmi stones over five carats are extremely rare. This gem (pictured) will lead the Ti...Read More
(IDEX Online) - Chow Tai Fook says it is about to revolutionize diamond grading with its own AI-powered system that assigns numeric values to the 4Cs.The Chinese jewelry giant says customers will understand the new results more easily, and benefit from greater reliability of its automated system.The artificial intelligence engine has analyzed over 20 million pieces of multi-perspective diamond ima...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
Short-term valuation analysis implies major gold stocks still have another 10-20% downside.Read full newsRead More
Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announces an adjustment to the net smelter royalty purchase entered into with a third party on October 8, 2020.ADJUSTMENT TO THE PURCHASE OF NET SMELTER PRODUCTION ROYALTYOn October 15, 2020, the Company announced that it had entered into an agreement (the "original NSR Purchase Agreement") to acqu...Read More
Lygend Resources & Technology HPAL plant on Obi Island in eastern Indonesia will not commence operations until March 2021.Read full newsRead More
African Gold Group (TSXV:AGG) has launched its campaign on the Investing News Network.Read full newsRead More
Volcanic Gold Mines Inc. (TSXV:VG, FWB:CKC1) has launched its campaign on the Investing News Network.Read full newsRead More
See what's happening in the first days of drillingRead full newsRead More
Not for Distribution to United States Newswire Services or for diRead full newsRead More
Eric Sprott announces that today, The Sprott Foundation, which heRead full newsRead More
Novo Resources Corp. is pleased to announce that mapping and rockRead full newsRead More
November 5, 2020- New Gold Inc. ("New Gold" or the "Company") (TSX and NYSE American: NGD) reports third quarter results for the Company as of September 30, 2020 and reaffirms its revised annual consolidated guidance, with all-in sustaining costs expected to be below guidance levelsRead full newsRead More
The close US election race means the predicted "blue wave" following a Joe Biden victory may turn out to be more of a "blue ripple", says Jefferies, which is now expecting a "skinny" stimulus ofRead More
Emily King, founder of Prospector - a digital platform which uses AI to connect investors to mining companies - said the mining industry needed to communicate differently to attract individuals sheRead 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 company, which is advancing a pre-feasibility study on the project, said HPGR sh...Read More
Look beyond market approach to project valuations: van ZylLeadershipPantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRemote Pitram deployment puts miners in the driver's seat Amid Covid ClosuresSPONSOREDmicromineThe close US election race means the predicted "blue wave" following a Joe Biden victory may turn out to...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The company, which secured the project in November 2019, said drilling outside the existing resource envelope had proven the mineralisation extended beyond the known deposit associated with the area'sRead More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Commenting in Newcrest's recently released September quarterly report, Biswas noted that Lihir was (again) to blame, but that there was now improved confidence in FY2021 production forecasts being metRead More