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
Appian Capital Advisory's Atlantic Nickel has released the results from a preliminary economic assessment (PEA) of its wholly owned Santa Rita nickel-copper-cobalt mine in northeastern Brazil. Santa Rita, one of the largest open-pit nickel sulphide mines in the world, was acquired by the private equity firm from Mirabela Nickel in a bankruptcy process in 2018. Since open-pit operations restar...Read More
Let me show you something a lot of people don't understand about the gold sector.It'll perfectly illustrate how the market is handing us a fantastic opportunity.It is profoundly easy to make more money off the same basic trend just by picking the right ticker.Right now, it means the difference between being up 30% or up 46%. And that is just with ETFs.This is the gold multiplier effect and it is b...Read More
Amex Exploration Inc. is very pleased to announce its intention tRead full newsRead More
Searchlight Resources Inc. is pleased to announce the staking ofRead full newsRead More
Brigadier Gold Limited is pleased to announce sampling results frRead full newsRead More
Canadian Junior Mining and ExplorationRead full newsRead More
SKRR Exploration Inc. is pleased to announce that a Level 2 ExploRead full newsRead More
Getchell Gold Corp. a leading Nevada focused Gold and Copper explRead full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce that it has filed a registration statement on Form F-1 (the "F1") with the U.S Securities and Exchange Commission ("SEC"). Maxim Group LLC has been engaged to act as sole book-runner and manager of the proposed offering (the "Offering").The proposed Offering contemplate...Read More
KINSHASA, Congo (AP) - More than 50 people are dead after landslides caused the collapse of three artisanal gold mines near the city of Kamituga in eastern Congo's South Kivu province on Friday, officials said.Read full newsRead More
At least 50 people are thought to have died when an artisanal gold mine collapsed near Kamituga in the east of the Democratic Republic of Congo on Friday afternoon, a local mining NGO said.Read full newsRead More
BMO Capital Markets forecasts gold prices will rise by 8-16% during the 2021-2024 period, and average above US$1,800 per oz. through 2023, it announced in a research note today.Average silver prices will increase to US$27.60 per oz. in 2021, up 49% from its previous estimate.The bank hasn't changed its long-run price expectations, however, and maintains its price targets of US$1,400 per oz. gold a...Read More
The company said on Friday its board had approved a payment of 2.4075 reias per share, being 1.4102 per share in the form of dividends and 0.9973 per share in the form of interest on capital.The interim dividend was ahead of expectations and implied an 8% yield on an annualised basis, BMO analyst Edward Sterck reportedly told Bloomberg.Vale had flagged a resumption of dividends mid-year."I think i...Read More
The big drill campaign will follow a 10,000m drill foray underway and set for completion in the next month or so.Read More
News of the leak triggered a 17% drop in CAML's share price on Monday. CAML described the leak as "short-term" and said no one had been harmed.Read More
Share this articleMONTREAL - The Renard diamond mine in northern Quebec is to reopen this month after being shut down in March as part of the province's mining lockdowns in response to the COVID-19 pandemic.Minority shareholder Osisko Gold Royalties Ltd. says operator Stornoway Diamonds Canada Inc. has approved a plan that includes $30 million in cost reductions over the first 16 months of operati...Read More
(IDEX Online) - The French luxury conglomerate LVMH says it will vigorously defend itself against legal action after the collapse of its planned $16.2bn acquisition of Tiffany & Co.In a strongly-worded press release it said the lawsuit was "totally unfounded" and accused the New York-based jeweler of "dishonesty" and misleading its shareholders."The long preparation of this assignment (the law...Read More
(IDEX Online) - Diamond polishing is returning to near-normal in Surat, say Indian trade bosses, as factories re-open and the spread of COVID-19 appear to have been limited.An estimated 5,000 of the city's 7,000 cutting and polishing units (70 per cent) are now functioning again, and government rules now allow 70 per cent of staff to work, rather than 50 per cent, as previously.The Gem and Je...Read More
(IDEX Online) - The body of Jaysukh Gajera, president of Surat Diamond Polishers' Association, has been found on the bank of a river in Surat district.He headed the trade body for 15 years but went missing last Wednesday.Local police were quoted as saying Mr Gajera, 53, had been facing financial crisis during lockdown. They said they were exploring a number of possibilities. ...Read More