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
Mountain Province Diamonds (TSX: MPVD; US-OTC: MPVD) held its first traditional diamond sale since the coronavirus pandemic began on Sept. 19 in Antwerp. And while the sales figures are modest, the resumption of diamond sales is a major positive development for the diamond sector, which has been largely shut down by Covid-19 travel restrictions, lower demand and low prices.Mountain Province, which...Read More
Wheaton Precious Metals (TSX: WPM; NYSE: WPM), one of the world's largest gold and silver streaming companies, plans to list on the London Stock Exchange (LSE) to boost exposure to European investors seeking precious metals deals.The Vancouver-based firm, which has a market capitalization of about $23 billion, is listed in Toronto and New York, where its shares have climbed about 75% this year.Whe...Read More
A recent article Gates, Bezos-backed firm searching for cobalt in Canada (www.mining.com, Jul. 7, 2020), highlighted some of the recent positive events for cobalt exploration in Canada and a company that these tech gurus have formed, KoBold Metals.KoBold Metals is a start-up mining venture set to explore for cobalt in Canada, one of the most prolific mining regions in the world. Not only does Can...Read More
Trident aims to fill valuable nicheSPONSOREDtrident royaltiesNew Horizon beckons for gold minerSPONSOREDhorizon mineralsSaturn Metals' Leonora star is risingSPONSOREDsaturn metalsWaihi District, a Golden Opportunity in New Zealand SPONSOREDoceanagoldThe event, which coincides with the annual meeting of Tesla, is an opportunity for Musk to promote his range of electric vehicles and trot out pla...Read More
In order for the gold bull to be sustainable and break out to real all-time highs, it will have to do so alongside a higher dollar.I've repeated this for nearly five years now.Another phrase I've repeated that those around me are probably sick of hearing is, "the U.S. dollar is still the cleanest dirty shirt in the currency basket."Dirty for sure, but the cleanest.I've speculated for years that th...Read More
Australian nickel-gold miner IGO Ltd on Friday kicked off a review of its 30% stake in the Tropicana gold mine in Western Australia, after receiving unsolicited approaches from a number of interested parties.Read full newsRead More
Australian nickel-gold miner IGO Ltd on Friday kicked off a review of its 30% stake in the Tropicana gold mine in Western Australia, after receiving unsolicited approaches from a number of interested parties.Read full newsRead More
VANCOUVER, British Columbia, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Gold Plus Mining Inc. ("Gold Plus" or the "Company") (CSE :GPMI) (FSE: 1I3) is pleased to announce that it has successfully listed its shares on the Frankfurt Stock Exchange under symbol 1I3 with ISIN: CA38067R1001 and WKN: A2P1BYThe listingRead full newsRead More
Manitoba and Saskatchewan are among the world's premier jurisdictions for mining and mineral exploration. Here's a look at eight companies with assets in the provinces. ALX ResourcesALX Resources (TSXV: AL) is focused on nickel, copper-cobalt, gold and uranium exploration in Saskatchewan, where it holds over 2,000 square kilometres.In August, ALX entered into an option agreement with Rio Tinto (N...Read More
Argentina's decision this week to expand restrictions on foreign exchange to protect its dollar reserves is largely due to the coronavirus pandemic's impact on the country's already overburdened economy, Waldo Perez, president and chief executive of Neo Lithium (TSXV: NLC; US-OTC: NTTHF), told The Northern Miner."The pandemic has had a very important role to play in this policy move - they are tem...Read More
Chile's environmental court confirmed Thursday a final order to close Canadian company Barrick Gold's huge Pascua Lama mining project, on hold since 2013 over environmental concerns.Read full newsRead More
It has been revealed that a blast set off a series of seismic events and a large underground rock fall at the Gwalia mine in WA, just weeks after a $100 million project to extend the life of the mine was completed.Read full newsRead More
Chile's environmental court confirmed Thursday a final order to close Canadian company Barrick Gold's huge Pascua Lama mining project, on hold since 2013 over environmental concerns.Read full newsRead More
Gold's strong run is taking Canada's equity benchmark back to its mining roots.Read full newsRead More
A huge opportunity for solar, batteries, EVs and other DERs - and a huge challenge to integrate utility grid operations with bulk energy markets.Read full newsRead More
Audi is adding a new member to its A3 family: the A3 Sportback 30 g-tron natural gas vehicle. Operation with natural gas or biomethane makes the compact model economical and more climate-friendly with low emissions. Sales in Germany and other European countries begin in fall 2020 at a base price...Read full newsRead More
Canadian miner Kinross Gold is boosting output and paying its first dividend in seven years after gold prices surged to a record. BNN Bloomberg's Andrew Bell has more.Read full newsRead More
Canadian miner Kinross Gold is boosting output and paying its first dividend in seven years after gold prices surged to a record. BNN Bloomberg's Andrew Bell has more.Read full newsRead More
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TSX Venture Exchange : GRGFrankfurt Stock Exchange : G6AOTCQB VRead full newsRead More