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) - Diamond miners in South Africa are threatening to strike at De Beers and Petra after pay talks collapsed.The industrial action, announced on Friday, will also affect Exxaro, the biggest coal supplier to state-owned electricity company Eskom.De Beers has reportedly offered a 1.5 per cent increase in response to union demands for an eight per cent rise for all workers.William Mabapa,...Read More
(IDEX Online) - The world's largest black lab-grown diamond has been by produced by UK-based Meylor, weighing in at just under 116 carats.The 115.65-carat (29.40mm x 27.90mm x 23.44mm) Type IIb rough crystal was graded by the International Gemological Institute (IGI) and has been recognized by Guinness World Records. The company also produced a second, slightly smaller black d...Read More
TORONTO, Sep 30, 2020 (GLOBE NEWSWIRE via COMTEX) --Project to leverage the Company's Fort Knox mill and expected to add to production and cash flow profile...Read full newsRead More
CALGARY - Kinross Gold Corp. is moving to secure additional supply for its Alaska gold operations by buying a controlling interest in the Peak Gold project from Royal Gold, Inc., and Contango Ore, Inc., for $125 million. Toronto-based Kinross has agreed to pay Royal Gold about $66 million for its entire 40 per cent stake and $59.6 million for half of Contango's 60 per cent share, leaving Conta...Read More
TORONTO, Sep 30, 2020 (GLOBE NEWSWIRE via COMTEX) --Project to leverage the Company's Fort Knox mill and expected to add to production and cash flow profile...Read full newsRead More
Sienna Resources Inc. is pleased to announce it has commenced opeRead full newsRead More
Sanatana Resources Inc. has granted incentive stock options to diRead full newsRead More
Sentinel Resources Corp. is pleased to announce that it has acRead full newsRead More
Maple Gold Mines Ltd. is very pleased to announce the appointmentRead full newsRead More
President Trump signed an executive order declaring a national emergency in the mining industry, ordering the Interior Department to increase domestic production of rare-earth materials to reduce t...Read full newsRead More
An Indonesian nickel smelting project being built by China's Tsingshan Group and partner companies to produce battery-grade chemicals has withdrawn a request to dispose of waste in the ocean, a government official said on Friday.Read full newsRead More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Osisko has acquired 50% of a royalty on the Mina Volare claim within Regulus' AntaKori landholding that hosts about 75% of the overall project's current indicated resource of 2.6 billion pounds of copper, 2.3 million ounces of gold and 61Moz of silver, and half the inferred 2.4 billion pounds of copper, 2.2Mozf...Read More
American Pacific permitted to realise $2bn in valueSPONSOREDamerican pacific borate and lithiumPantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesThe first hole into the Cacharposa target has so far hit over 500m of visual copper sulphide mineralisation, h...Read More
Regulus Resources (TSXV: REG; US-OTC: RGLSF) and Osisko Gold Royalties (TSX: OR; NYSE: OR) have announced a strategic partnership that grants Osisko rights on existing royalties covering claims on Regulus' AntaKori copper-gold-silver project in Peru for an upfront cash payment of US$12.5 million."Through this investment we have a unique opportunity to gain exposure to one of the largest and hig...Read More
With silver and platinum group metal (PGM) prices on the upswing on the back of a gold price rally, there is a renewed interest by investors in mining companies. Below, we provide an overview of seven industry players, from exploration, through to development and operations, with exposure to the metals.Americas Gold and SilverMiners in hoist at Americas Gold & Silver Galena mine in Idaho. Credit:...Read More
Egypt-focused gold miner Centamin (TSX: CEE; LON: CEY) has announced that its total output targets for 2020 will be affected by safety-related delays at its flagship Sukari mine in Egypt.The company said radar systems detected a movement in Sukari's open pit Stage 4 West wall, which prompted it to immediately defer open-pit mining operations in that zone. Work in the area was scheduled to start du...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Production at Collahuasi increased 18.8% to 60,000t. However, output at the BHP-controlled Escondida fell 11.1% to 92,200t from 103,700t in the prior year period and the Esperanza (Antofagasta Minerals) and Spence (BHP) mines also experienced double-digit falls.State copper company Codelco produced 154,t tonnes...Read More
For almost two years now I've been making the case for facial recognition, or "Stealth ID" technology.This is software that can be used in cameras, or even digital advertisements, to identify known criminals, or in some cases in-progress crimes.More than that, it's now being used to scan crowds for potential COVID-19 carriers and help alert those who may have come in contact with them. And it's a...Read More
Humans have always counted on solidarity - and solidity - for survival.You've no doubt been inundated this morning with stories of President Donald Trump's overnight diagnosis. So have I.And with this "breaking" story in its beak, the news cycle is busy chomping its way through sensational headlines. The markets are reeling and they're likely to flop around for a while.But the things on my mind t...Read More
iMetal Resources Inc. (TSXV:IMR) (OTCBB: ADTFF) (FRANKFURT: A7V2) (Read full newsRead More