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
Exploration drilling has confirmed the continuity of high-grade mineralisation at the Red Chris copper-gold mine in northwest British Columbia, 80 km south of Dease Lake and 1,700 km from Vancouver.The mine is a joint venture between Imperial Metals (TSX: III) and Australian miner Newcrest Mining (ASX: NCM). Newcrest holds a 70% stake and Imperial a 30% interest. Newcrest is the mine operator.The...Read More
Copper prices surged to their highest levels in nearly three months on June 11, reaching US$5,801.5 per tonne (US$2.63 per lb.) on the London Metals Exchange (LME), up almost 20% from a low of US$4,854 per tonne (US$2.20 per lb.) on March 5, when commodity markets started to free-fall due to the Covid-19 pandemic.A ramping-up of demand from China, the top consumer of the red metal, is now fuelling...Read More
For companies without the size and heft of the big producers De Beers and Alrosa, the diamond space has always been a challenging one - even before the coronavirus pandemic. But with long-term fundamentals that point to a bright future for diamonds, some juniors are finding ways to advance their projects, despite the tough times. Here's a look at several active Canadian-based diamond explorers (an...Read More
China's Zijin Mining has emerged as the unnamed multinational that trumped Silvercorp Metals' (TSX: SVM; NYSE: SVM) bid for Guyana Goldfields (TSX: GUY), with a deal that values the target miner at $323 million (US$238 million).The Fujian-based mining giant has offered Guyana Goldfields $1.85 in cash for each common share, which is 35% higher than Silvercorp Metals' proposal.Prior to signing the a...Read More
Coronavirus cases in the U.S. topped 2 million and fears of a rise in infections pummelled the stock market. The Dow Jones Industrial Average Index plunged 5.55%, or 1,505.44 points, to finish the June 8-12 trading week at 25,605.54, and the S&P 500 dropped 4.78%, or 152.62 points, to 3,041.31. Spot gold finished at US$1,730.50 per oz., a gain of US$46.50 per oz., or 2.76%.Shares of AngloGold Asha...Read More
Concerns about a new surge of coronavirus infections sent the S&P/TSX Composite Index down 3.77%, or 597.50 points, to finish the June 8-12 trading week at 15,256.57. Spot gold rose 2.76%, or US$46.50 per oz., to close at US$1,730.50 per oz., and the S&P/TSX Global Gold Index climbed 2.07%, or 6.28 points, to 309.78. Other indexes were mixed. The S&P/TSX Base Metals Index fell 3.71% (3.41 points)...Read More
M&A activity has been a theme in the gold space this year, and this week I got another perspective from Byron King of Agora Financial. As part of an extensiv...Read full newsRead More
The gold miner is making moves to improve its near-term financial flexibility.Read full newsRead More
Gold investment demand remains strong, buoying the yellow metal and its miners' stocks. Investors have continued actively diversifying into gold despite soaring stock markets and weaker summer seasonals. The Fed's extreme money printing fueling these precarious stock-market heights is perilously inflationary, making upping gold portfolio allocations essential. This ongoing capital shift...Read More
Gold investment demand remains strong, buoying the yellow metal and its miners' stocks. Investors have continued actively diversifying into gold despite soaring stock markets and weaker summer seasonals. The Fed's extreme money printing fueling these precarious stock-market heights is perilously inflationary, making upping gold portfolio allocations essential. This ongoing capital shift...Read More
Getchell Gold Corp. (CSE:GTCH, OTCQB:GGLDF) independent director Mike Sieb was recently featured on the #Finance podcast.Read full newsRead More
NV Gold Corporation is pleased to announce, with the recent complRead full newsRead More
This is the official YouTube Channel for the United States Court of Appeals for the District of Columbia Circuit. For more information regarding the Court's ...Read full newsRead More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") announces its 2019 year-end audited financial statements have been filed on SEDAR and will host an investor call on June 12, 2020 at 9:00AM EDT. Details of the call can be found below. 2019 Year End Highlights:2019 Top Line Revenue of $13.02M versus $14.22M in 2018, a negative variance of 8.4%...Read More
The $7.25 million is being raised by issuing shares at 27.3c, and follows FSDEA investing $2.1 million in March.Read More
Formerly with ASX-listed companies Sally Malay/Panoramic, Aquarius Platinum and others, (as well as resource sector investment firm Mineral Securities), Liddell and ex-WMC executive David Chapman willRead More
Dr Peter Megaw, chief exploration officer at MAG Silver, who has a number of silver discoveries to his name including the Juanicipio deposit currently under construction by Fresnillo as part ofRead More
(IDEX Online) - A lucky couple who tied the knot or popped the question during coronavirus lockdown will win a $5,000 dream honeymoon.Video of contestants' proposal or wedding ceremony will go to a public vote in the Love Locked Down Video Contest launched by Zillion Jewelry Insurance.Couples without a footage of the moment can still submit a brief video account."During this unprecedented tim...Read More
(IDEX Online) - The Israel Diamond Exchange (IDE) was forced to close its trading halls after a trader was found to have coronavirus. They were shut on Tuesday and will remain out of action until Sunday at the earliest, according to the ynet news website. The huge trading floor at IDE, in Ramat Gan, one of the world's largest bourses, was divided into separate rough and polished areas as...Read More
Argonaut Gold (TSX: AR) has completed a key permitting milestone for its Magino project, which included consultation with Indigenous communities and members of the public.The completed Schedule 2 amendment of the Metal and Diamond Mining Effluent Regulations is an important authorization for the site, according to the company."From a permitting perspective, the completion of the Schedule 2 process...Read More