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
Global zinc production is poised to rise over the coming years as elevated prices encourage miners to restart idled capacity and begin production at new mines.Using data provided by Miningintelligence, MINING.COM takes a look at the 10 biggest zinc producers in world in terms of their 2019 output.The Red Dog mine in Alaska, operated by Canada's Teck Resources, kept its "top dog" status with zinc p...Read More
The government of Angola says it has identified key steps that it needs to take before launching its own diamond exchange in Luanda, which is slated to open by the end of 2021.Mining and oil minister Diamantino Azevedo announced on Nov. 2 that its office is working to set up a gemological academy and a technological research centre within the same free-trade zone as the Angolan Diamond Bourse (ADB...Read More
K+S still expects prices to continue to rise in the short and medium-term.It has guided for third-quarter EBITDA of €480 million.Scotiabank says the writedown is in line with its recent projections about increased commoditisation of potash leading to lower mid-cycle prices and valuation multiples."While an impairment charge of this magnitude is obviously not positive, it's also far from new a...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesAgile Mining - The Future is Smaller. Bigger is not always betterSPONSOREDproudfootThe company's cash position increased to $449 million from $391.1 million a year ago. However, its long-term debt increase...Read More
The election is going to dominate the news cycle for quite some time. We'll be hearing about the chaos surrounding it and the analysis that will come after it's all decided for the rest of the year. It makes sense. It's the biggest story in a year full of big stories. It's a historic event playing out in real-time. But as you follow ongoing developments, other important stories are going to fall...Read More
LAURION Mineral Exploration Inc. and is pleased to report additiRead full newsRead More
Western Copper and Gold Corporation announces that it has filed aRead full newsRead More
FireFox Gold Corp. is pleased to announce that it has started driRead full newsRead More
Rob McEwen, Chairman and CEO of McEwen Mining, joins us to answer your questions and share his insights about the mining industry. Visit our website https://...Read full newsRead More
Vancouver, BC - Sona Nanotech Inc. (CSE: SONA), (OTCQB: SNANF) ("Sona Nanotech" or the "Company") is pleased to announce the appointment of Mr. J. Mark Lievonen, C.M., to the Company's Board of Directors. Mr. Lievonen is the former President of Sanofi Pasteur Limited, the Canadian vaccine division of Sanofi. Under his leadership, Sanofi Pasteur became a billion dollar enterprise in Canada, manufac...Read More
Short-term valuation analysis implies major gold stocks still have another 10-20% downside.Read full newsRead More
It's made an odd-lot offer to those holding less than 100 shares, and offered to repurchase shares from those holding between 100-400 shares.The company said its number of ordinary shareholders had increased by about 60% to 30,000 after its June 2019 Lonmin acquisition.It said about 50% of these shareholders owned less than 400 shares, representing about 0.05% of its shares in issue.The offe...Read More
(IDEX Online) - Lightbox, the lab-grown division of De Beers, has opened a vast factory in the USA that will allow it to produce 200,000 carats a year.It has also announced that its lab-grown diamonds will be sold as fashion jewlery by the online retailer Blue Nile - the first time it has sold lab-growns - as well as on Lighbox's own website.Lightbox's manufacturing operation (pict...Read More
(IDEX Online) - Surat's bourse has seen business boom, as it picked up export trade from its closed counterpart in Mumbai.Half-year exports to October were up more than 700 per cent to $832m said the Surat Hira Bourse (SHB), the city's only customs clearance centre for diamond, jewelry, gold and other precious cargo.By comparison total export for the financial year 2019-20 were $190m.Mum...Read More
(IDEX Online) - The iconic Argyle mine, producer of 90 per cent of the world's pink diamonds, closes today after 37 years.Owners Rio Tinto say the deposit, in Western Australia's remote Kimberley region, is no longer economically viable, despite the high prices commanded by its super-rare stones.The country's only operational diamond mine produced 865 million carats over its lifetim...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Copper and sugar bans are set to be initiated next week, according to a news report by the South China Morning Post.Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The Kazakhstan-focused operator has been on a rollercoaster ride since it listed on the LSE at £5.Read More
The Chinese government has launched a new energy vehicle (NEV) industry development plan that will see NEV sales account for 20% of the country's total vehicle sales by 2025.The plan, which covers the period from 2021 to 2035, will also see battery-electric vehicles dominating new vehicle sales by 2035. By that time, China's goal is to have all of its public transport running on electric power.Ann...Read More
Africa-focused Rainbow Rare Earths (LSE: RBW) has signed an agreement with Bosveld Phosphates to co-develop the Phalaborwa rare earths project in South Africa.The asset contains about 35 million tonnes of gypsum resulting from historic phosphate hard rock mining, containing rare earth elements (REEs) with an estimated average in-situ grade of 0.6% total rare earth oxides (TREOs), the companies sai...Read More
This week's episode featured Professor Dennis Buchanan, senior research fellow and director of the MSC in metals and energy finance in the department of Earth science and engineering at Imperial College in London. Dennis discusses his courses on mining and finance at Edumine.com, and the importance of building interdisciplinary skills to better understand the business of mining. He also describes...Read More