News and Reports

Year in Review 2023 and Outlook for 2024

January 04, 2024

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

Year in Review 2022 and Outlook for 2023

January 2023

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: The Heart of Global Copper

October 2021

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 Gold

June 2021

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 Gold Mining and Canadian Juniors

April 2021

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

An Overview of the Golden Triangle

July 2020

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

An Overview of Quebec Gold Mining

April 2020

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

An Overview of the Red Lake Mining District

January, 2020

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

Robbers escape by air after stealing gold bars from Canadian mine in Mexico

April 09, 2020 /

Share this articleTORONTO - Canadian mining firm Alamos Gold Inc. reports that a group of armed robbers intercepted gold dore bars on the runway at its Mulatos mine site in Mexico, then staged a dramatic escape in a separate light aircraft.In a statement in Spanish, Alamos's Mexican subsidiary Minas de Oro Nacional says five heavily armed people subdued security guards who were loading the bars f...Read More

Gold & Silver mines closed as physical Silver becomes "most undervalued asset"

April 06, 2020 /

A surge in coronavirus cases, an expansion of economic lockdowns, and an explosion in unemployment claims hit markets this week. But this deluge of...Read full newsRead More

Worst-Ever Quarter for South African Stocks Has a Gold Lining

April 02, 2020 /

South Africa's stock market is set for its worst quarter on record as the coronavirus ravages global equities, but gold miners are at least shining amid the gloom.Read full newsRead More

Namibia suspends mining operations due to COVID-19

March 30, 2020 /

Namibia's mining sector is centred around uranium, with the Rossing and Husab mines accounting for more than 10% of global supply.China-backed Rossing Uranium, previously controlled by Rio Tinto, said it would stop normal operations on Saturday "and enter a period of minimal mining operations", with critical maintenance work to continue.Other assets of significance include B2Gold's Otjikoto mine,...Read More

Glencore shutters Quebec mines; operations in Sudbury continue #nickel

March 26, 2020 /

Glencore said Thursday its Raglan nickel and Matagami zinc operations in Quebec will be on care and maintenance for the next three weeks.Nickel from Raglan is shipped to Glencore's Sudbury op...Read full newsRead More

A Silver Lining for This Gold ETF

March 18, 2020 /

The $20 level is a key pivot point for GDXHistorically, gold and mining names have been considered safe havens for market participants, but the recent waterfall selloff in equities took no prisoners. While gold remains near positive territory for 2020, miners weren't spared, shedding about 16% of their value so far this year. Despite rallying over $9 off the lows seen on Monday, VanEck Vectors Go...Read More

The Single Biggest Reason to Own Gold-Mining Stocks Right Now

March 10, 2020 /

Forget fear, uncertainty, and inflation. This factor is what should send gold significantly higher.Read full newsRead More

Two Minneapolis businessmen prospecting for gold in South Dakota's Black Hills

March 10, 2020 /

Local geologists hope Black Hills test drilling reveals a major gold discovery and boosts their geology consulting business.Read full newsRead More

Rio Tinto to spend US$1B to reach zero emissions

February 26, 2020 /

Rio Tinto (NYSE: RIO; LSE: RIO) will spend $1 billion over the next five years to reduce its carbon footprint and have net zero greenhouse gas emissions by 2050, but some analysts say the announcement is a minor step towards helping the mining industry achieve climate goals.Delivering full-year results for 2019, in which the company recorded its highest profit in eight years, CEO Jean-S?(C)bastien...Read More

Ontario Teachers' Pension Plan Signs US$300M Deal with New Gold

February 25, 2020 /

Share this articleTORONTO - Ontario Teachers' Pension Plan has signed a US$300-million deal investment deal with New Gold Inc.Under the agreement, the pension fund will acquire a 46 per cent free cash flow interest in the New Afton gold-and-copper mine.Ontario Teachers' has an option to convert the interest into a 46 per cent joint venture interest after four years or have their investment remai...Read More

Young Mining Professional of the Year awards go to Ashley Kirwan and David Cataford

February 17, 2020 /

The winners of the Young Mining Professionals (YMP) awards this year are Ashley Kirwan of Orix Geoscience and David Cataford of Champion Iron (TSX: CIA).The YMP awards, presented in association with The Northern Miner, recognize two mining professionals under the age of forty who have demonstrated exceptional leadership skills and innovative thinking and provided value to their companies and share...Read More

Markets, BHP upbeat

February 18, 2020 /

European markets closed higher yesterday, as did Shanghai's Composite Index which gained 2.28%.The World Health Organisation put the number of confirmed cases yesterday at 71,429 globally, with more than 1,770 deaths, with its tally now including both laboratory and clinically diagnosed cases.The world's biggest miner by market capitalisation, BHP (ASX: BHP), today reported a 29% jump in attributa...Read More

Vale loses spot as world's top #ironore producer to Rio Tinto

February 12, 2020 /

The negative effect on the miner's balance sheet will be formally informed when releasing full-year results on Feb. 20.Read full newsRead More

At #VRIC20, #gold companies weighed in on Donald Trump's effect on the #goldprice.

February 12, 2020 /

INN reached out to US-focused gold companies at VRIC to ask whether they think Donald Trump has been good for American gold.Read full newsRead More

Shares of lithium miners off to the races

February 06, 2020 /

Shares in lithium producers soared on Tuesday with the sector getting caught up in the investor enthusiasm for electric vehicle pioneer Tesla.Tesla's stock value has doubled since December, and the company is now worth more than Detroit's big three automakers - GM, Ford and Fiat Chrysler - combined. Only Toyota surpasses Tesla's market cap of US$161 billion reached on Tuesday.Shares in US-based Li...Read More

TD buying copper amid coronavirus scare

February 03, 2020 /

TD Securities global head of commodity strategy Bart Melek discusses how coronavirus is affecting metals prices, including copper.Read full newsRead More

Gold Price Forecast - Precious Metals & Mining Update

January 24, 2020 /

Precious metals and miners are consolidating before their next advance. Gold could reach $1700+ by March, and we see explosive potential in silver.Read full newsRead More

VRIC 2020: What Will Move Gold, Expert Investing Tips and More

January 21, 2020 /

This year's Vancouver Resource Investment Conference is over - here's a rundown of three key themes that emerged at the show.Read full newsRead More

Sudan opens up gold market in bid to raise revenue

January 11, 2020 /

Sudan has begun allowing private traders to export gold, a measure designed to c...Read full newsRead More

Controversy grows over secret #nickel mine deal in Myanmar

December 28, 2019 /

A sweet deal awarded to a Chinese company during the military dictatorship is focusing more attention on production sharing contracts that lack transparency.Read full newsRead More

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