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) - GIA (Gemological Institute of America) has launched an automated system that can distinguish lab-grown melee from natural stones.It's addressing concerns that simulants, laboratory-grown and HPHT treated natural diamonds, are deliberately being mixed in to parcels of natural diamonds.The GIA Melee Analysis Service sorts the screened diamonds by color range. Clients can also sp...Read More
(IDEX Online)- Three spectacular pieces of diamond jewelry, one featuring a 27.02 carat fancy brown-yellow diamond, are to be auctioned to support healthcare workers fighting coronavirus.They've been specially created by renowned Taiwan-born designer Anna Hu and will be sold by Christie's to help Diamonds That Care, a social responsibility initiative launched by Russian miners Alrosa.All...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesPrime 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
Fortescue Metals Group (ASX: FMG), the world's fourth largest iron ore producer, has brought forward a self-imposed deadline to be carbon-neutral by 2040, ten years earlier than its closest rivals BHP, Rio Tinto and Vale.Further, the Australian miner expects to slash operational emissions 26% by 2030. Fortescue had previously signalled that it intended to be carbon-neutral by the "second half of...Read More
Skeena Resources (TSXV: SKE; US-OTC: SKREF) has started a preliminary feasibility study (PFS) for the Eskay Creek gold-silver project in the province's Golden Triangle area."The PFS is the next step in the evolution of Eskay Creek, as we move this high-grade, open-pit project towards development and through to commercial production," Shane Williams, the company's COO, said in a press release.As th...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe PFS results may give a clear indication of the future development potential of the sulphides in the area, and add to the potential for Coimalache seeking a transaction with Regulus.Read More
The Federal Reserve, guided only by its own decree, made a surprise announcement yesterday that it will be diving into direct corporate bond purchases, including junk bonds.We knew this was a possibility, and the Fed has already bought up about $5.5 billion of ETFs that track bonds, but this is a different beast.This is part of a $250 billion program, the Secondary Market Corporate Credit Facility...Read More
The case for owning gold stocks has never been stronger.Read full newsRead More
Defence Metals Corporation pilot floatation plant on the TSX.V under ticker DEFNRead full newsRead More
Hot on the heels of yet another press release that they will be buying corporate bonds, US equity markets all spiked into the green for the day.Read full newsRead More
Signature Resources Ltd. is pleased to announce the commissioningRead full newsRead More
Nexus Gold Corp. is pleased to report in anticipation of its upcoRead full newsRead More
Rokmaster Resources Corp. wishes to announce that it has closed tRead full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Vancouver, BC - Ovation Science Inc. (CSE: OVAT) ("Ovation" or the "Company") is pleased to announce it has signed a revised agreement for additional rights for its DermSafe hand sanitizer (the "License Renewal Agreement") under the terms of the original License Agreement with Skinvisible Pharmaceuticals, Inc., previously announced February 13, 2020. The License Renewal Agreement provides Ovati...Read More
US stocks closed higher on Friday but the three key indices suffered their biggest weekly percentage declines since March, Reuters reported. The global number of COVID-19 cases has risen to 7.Read More
Vale said it had reached a US$25 million settlement in a New York class action regarding the 2015 Samarco dam disaster in Brazil.Read More
The fundraising comprises a $3.2 million placement to undisclosed investors and a $2.7 million entitlement offer, with new shares being priced at 6c each. El Zorro gold mineralisation has been classified as intrusive related and representing a "district scale gold system".To date gold mineralisation has been proven over 1.5km of strike.The next drilling campaign is set to comprise 4,000-5,000...Read More
Implats said increased economic uncertainty caused by the COVID-19 pandemic had prompted the board to re-evaluate its corporate strategy.The development is unexpected after Implats committed to spent R55 million (US$3.2 million) on exploration and had said the campaign was making "positive progress".Impats said it would continue to fund the programme to completion by August.The company said i...Read More
The company said the A$130 million increase was supported by members of the its existing $400 million revolving credit facility, which matures on July 1, 2023.Read More