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
The copper price was trading at its highest since June 2018 on hopes of a U.S. stimulus package, worries about supply from top producer Chile, and robust Chinese economic growth.On the Comex market, copper for delivery in December jumped 2.7% to US$3.1705 per lb. (US$6,990 per tonne) in brisk trade, with more than 1.8 billion lb. of the most active contract traded by 1 pm in New York.The bellwethe...Read More
In this week's episode we take a closer look at the state of technical reporting with SRK's Mark Noppe, Corporate Consultant and Managing Director Australia, and John Pfahl, Principal Consultant (Corporate Advisory) North America. In this wide-ranging interview Mark and John discuss the evolution of technical reporting, the aspirational nature of forward-looking statements, and how investors, regu...Read More
Mining giant BHP (NYSE: BHP; LSE: BHP) has shelved a planned US$2.5 billion expansion of its Olympic Dam copper, gold and uranium mine in South Australia, after studies of the ore body revealed weaker than expected results.While the mine yielded more than 50,000 tonnes copper in the three months to Sept. 30, which was the highest quarterly production since 2015, BHP decided against proceeding with...Read More
Near the end of last month, California Governor Gavin Newsom held a press conference.Never one to turn down some kind of political theatrics to drive home a point in a ham-fisted way, here he is signing an executive order right after his announcement:So what's with the parking lot pageantry?That's an electric vehicle and the governor was signing an executive order to completely phase out gasoline-...Read More
AB147 has identified, subject to additional drilling in its vicinity, a potentially mineable domain approximately 30m closer to surface than the shallowest currently planned mining zoneRead full newsRead More
Newrange Gold Corp. is pleased to report that drilling has commenRead full newsRead More
NV Gold Corporation is pleased to announce it is mobilizing its tRead full newsRead More
Prosper Gold Corp. is pleased to announce that a high resolutionRead full newsRead More
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY ANDRead full newsRead More
Gold79 Mines Ltd. is pleased to announce the initiation of a non-Read full newsRead More
The Market Herald - First with the news that moves markets. Breaking Australian stock market news, ASX 200 announcements and the latest ASX news today.Read full newsRead More
The COVID-19 travel restrictions in place at the Canada-U.S. land border will remain in effect until Nov. 21 at least.Read full newsRead More
Papua New Guinea Prime Minister James Marape said on Thursday that a joint venture of Barrick Gold Corp and China's Zijin Mining was set to remain operator of the Porgera gold mine following talks in Port Moresby.Read full newsRead More
There was a "significant improvement" in global copper smelting activity in September, according to the SAVANT platform."September was the first month this year that China, North America and Europe were all indicating above average levels of activity," Marex Spectron's global head of analytics Dr Guy Wolf said.The global activity dispersion index averaged 50.2, according to the geo-spatial analyti...Read More
Max Layton, head of EMEA commodities research at Citi, said copper had been the "flavour of the day" in his recent client conversations.Read More
Share this article Kirkland Lake Gold Ltd. [KL-TSX, NYSE] has released new drill results from 135 holes (47,683 metres) of underground exploration drilling from the Macassa Mine in Kirkland Lake, Ontario. Holes in the program were completed from platforms located on the 5300, 5600 and 5700 levels and designed mainly to confirm and extend resources within the SMC, LSMC and Amalgamated zones. Reso...Read More
(IDEX Online) - Two pieces of diamond jewelry given by Queen Victoria to her goddaughters around 150 years ago are to be auctioned in England.The first lot is a locket (pictured) gifted to aristocrat Lady Victoria Scott on her wedding in 1865, which is set with diamonds, emeralds and rubies.The second is a 19th century pearl and diamond brooch/pendant given to Lady Victoria's daughter Victori...Read More
(IDEX Online) - Lab-grown diamonds should be sold with second-tier reports, giving details of their manufacture, rather than 4C gradings, says CIBJO, the World Jewellery Confederation.It is keen to preserve the distinction between manufactured diamonds and natural stones - for which "rarity is a critical factor".CIBJO has released a Laboratory Grown Diamond Guidance document, the final stage of a...Read More
IDEX Online) - Exports of polished diamonds from India, the world's biggest producer, could fall by as much as a quarter, from $18.665bn in the year to March 2020. Colin Shah, chairman of the Gem & Jewellery Export Promotion Council, warned they could reach the lowest levels since the global depression of 2008/9. India's diamond industry, which accounts for 90 per cent of gems cut an...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 betterSPONSOREDproudfootSpeaking to delegates at a convention of the Alaska Federation of Natives, Murkowski, who is chair of the Senate Energy an...Read More