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
Artemis all set thanks to unique approachSPONSOREDartemis resourcesIt had suspended processing at its fledgling operation in April due to the impact of COVID-19.The company had begun the phased remobilisation of plant personnel and was targeting a processing restart in August, it said yesterday.Artemis all set thanks to unique approachSPONSOREDartemis resourcesMeanwhile it had made "considerable p...Read More
The second day of the Canadian Mining Symposium (CMS) went global on June 17, with the virtual event bringing together another set of speakers from across a wide spectrum of the industry. The sessions ran the gamut from technical presentations to discussions with junior miners, as well as in-depth and personal conversations with some of the biggest names in the business.The morning began with Anth...Read More
The fifth instalment of the Canadian Mining Symposium kicked off on June 16. In light of the Covid-19 pandemic, this year's event has been moved from the auspicious setting of Canada House in London, U.K., to the virtual realm.The symposium now boasts over 2,166 attendees from 83 countries consisting of mining experts from across the spectrum, including CEOs, managing directors, and presidents to...Read More
Dominion Diamond Mines is suing DDMI, its associate in the iconic Diavik mine and a subsidiary of Rio Tinto (NYSE: RIO; LSE: RIO), for alleged breach of contract and acting against the best interests of the partnership.The lawsuit, filed on Tuesday in the Supreme Court of British Columbia, Canada, alleges that Diavik Diamond Mines, which owns 60% of Diavik, has operated the mine in a manner that s...Read More
A preliminary economic assessment (PEA) for Osisko Metals' (TSXV: OM; US-OTC: OMZNF) wholly owned Pine Point project in the Northwest Territories outlines an 11,250 tonne per day open-pit and underground operation, mining 47 small open pits and eight high-grade shallow underground deposits.The proposed 10-year mine would produce an average of 327 million lb. of zinc and 143 million lb. of lead ann...Read More
Northern Dynasty Minerals (TSX: NDM; NYSE-AM: NAK), the company behind a proposed massive copper-gold mine in southwest Alaska, has announced a revenue sharing program for full-time residents of Bristol Bay.The initiative would distribute a 3% of the revenue generated from the Pebble copper-gold-silver mine among adult locals who subscribe as participants of the "Pebble performance dividend" plan....Read More
Rupert Resources on a Roll at IkkariSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesI noted several months back, possibly on more than one occasion, that I felt we were entering, or indeed, well into, Cold War II.Read More
IAMGOLD is the latest company to experience pushback and has suspended operations at its Rosebel gold mine in Suriname after the union resisted the implementation of prevention measures after seven workers were diagnosed with the virus.The union at Rosebel, which is forecast to produce 245,000-265,000 ounces of attributable production this year, resisted social distancing measures such as reducing...Read More
In 2018 and 2019, I started recommending quality gold mining stocks to my largest group of paying readers. It was clear the gold market - which had been in a bear market for years - had put in a bottom and was poised to take off. Gold and gold stocks can hibernate for some time, after which they go on notorious bull runs (more on that in a second). It was clear in 2018 and 2019 - and is even cl...Read More
Greatland Gold could be a fantastic bargain at current levels if the company's able to live up to its full potential, based on current estimates. The post Is Greatland Gold the bargain you need to buy today? appeared first on The Motley Fool UK.Read full newsRead More
https://smallcapbuyouts.pinnacledigest.com/ In May of 2020, the Pinnacle Digest crew traveled to Strathmore, Alberta Canada to visit our client EarthRenew (E...Read full newsRead More
Mr. Gary Billingsley, President, reports that Aurex Energy Corp.Read full newsRead More
Adamera Minerals Corp. announces the appointment of Mark Jones toRead full newsRead More
Rock Samples Grade up to 470g/t Silver and 0.57 g/t GoldRead 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 the Company has launched its complete portfolio of 4G cellular signal boosters at Amazon.com which includes the Uniden (R) U60C 4G Home/Office Cellular Signal Booster Kit, Uniden (R) U65C 4G Home/Office Cellular Signal Booster Kit, Uniden (R) U65P 4G Home/Office Ft....Read More
Games with Gold program has returned with two more games in tow for Xbox Live Gold and Xbox Game Pass Ultimate members. Coffee Talk for the Xbox One and Sine Mora for Xbox 360 can now be claimed.Read full newsRead More
Wage would not comment on the specifics of the various Australian SOP projects, which include Agrimin's Lake Mackay, Reward Minerals' Lake Disappointment and Salt Lake Potash's Lake Way projects, butRead More
Prime minister Scott Morrison said yesterday that delays in approvals under the Environment Protection and Biodiversity Conservation Act 1999 cost industry A$300 million alone in 2019.Read More
Share this articleTORONTO - RNC Minerals has changed its name and stock ticker.The Toronto-based mining company now known as Karora Resources Inc. will have its stock trade beginning Wednesday under new symbols.Shares and warrants will trade under the symbols KRR and KRR.WT respectively.RNC says the new name more accurately reflects its business focus on growing gold production in Western Austral...Read More
Share this articleToronto-based Barrick Gold Corp. says it has cashed in most of its shares in Hong Kong-listed Shandong Gold Mining, taking advantage of an increase in price as world gold prices strengthen.It says it realized US$210 million (C$285 million) from the sale of 79.3 million shares of the Chinese state-controlled company at a price of HK$20.50 per shareBarrick says it purchased the...Read More