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
The Blind River refinery produces uranium trioxide which feeds into the hexafluoride conversion plant.Cameco said the "appropriate conditions" were currently in place to resume normal operations."The provinces and communities where we operate are certainly not out of the woods when it comes to this global pandemic, and we must remain vigilant in how we manage our activities during these challengin...Read More
Aim-listed BlueRock Diamonds has advised that its expansion plans for the Kareevlei diamond mine, in the Kimberley region of South Africa, remain on hold.The mine is, however, expected to reach full operating capacity by the end of May.AdvertisementThe mine has started ramping up operations, after having restarted following a complete shutdown of mines in South Africa from the end of March to...Read More
I've been urging you for months to get positioned ahead of the herd and I've speculated that 2020 would see a surge in M&A, quality exploration, and the beginning of a new discovery cycle.The result of declining reserves, too many companies, and a gold bull market, that I believe will prove to be a historic one, has set off an influx of capital in the resource sector that will change the landscape...Read More
A deadly virus spreads around the globe, killing and infecting millions.Read full newsRead More
A deadly virus spreads around the globe, killing and infecting millions.Read full newsRead More
This will be the third halving since Bitcoin's inception in January 2009 and from a price perspective, both of the previous events were very bullish for the cryptocurrency, triggering rises of 81 times and 30 times in the 18-month period after the 2012 and 2016 halvings respectively.Read full newsRead More
FIDELITY SELECT ADVISOR (R) GOLD FUND CLASS A- Performance charts including intraday, historical charts and prices and keydata.Read full newsRead More
The Corporation will undertake an extensive 42,500-metre drilling program on Beaufor. Monarch will incorporate artificial intelligence technologie...Read full newsRead More
(IDEX Online) - Baselworld boss Michel Loris-Melikoff says it's too early to talk about a return in 2022, after the 2020 show was postponed and the replacement 2021 show was then canceled.He also said coronavirus had accelerated a major re-think that was already under way on the format of the premier watch and jewelry event, held annually in Switzerland. In an exclusive interview with Au...Read More
(IDEX Online) - Banks in Belgium have been accused of refusing vital loans to help diamond firms survive coronavirus.The Antwerp World Diamond Centre (AWDC), representing 1,600 companies, claims banks are turning down applicants who clearly qualify for a financial lifeline.The banks agreed a $55bn emergency loans policy with the Belgian government early on in the COVID-19 crisis.But AWDC spokeswom...Read More
(IDEX Online) - India's Bharat Diamond Bourse has donated $159,000 to help workers hit by COVID-19. It has also been helping to feed up to poor residents living near the Bandra Kurla Complex where it's based, in Mumbai. And it has made one-off subsistence payments of $66 each to 800 daily-wage sorters and traders and plans to make more. The $159,000 donation was made to the chief ministe...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesSpencer has had senior roles with Western Mining Corporation, Placer Dome, Barrick Gold, Kagara, Gold Fields and Aditya Birla Minerals, and also oversaw the ramp-up and production of the Ban Phuc nickel mine."[Spencer's] substantial experience of transitioning projects from ramp-up to commercial production and driving ongoing...Read More
The Corporation will undertake an extensive 42,500-metre drilling program on Beaufor. Monarch will incorporate artificial intelligence technologie...Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
In the latest Chinese acquisition of a Canadian gold miner, Shandong Gold is buying TMAC Resources (TSX: TMAC) and its Hope Bay gold project in Nunavut for US$149 million.The news follows Zijin Mining's acquisition of Continental Gold in March for C$1.3 billion and a bid from Silvercorp Metals (TSX: SVM; NYSE-AM: SVM) for Guyana Goldfields (TSX: GUY) in April for C$105 million.Under the latest M&A...Read More
Who can you trust? It's a big question popping up in a number of places in this strange new world we live in. In the U.S., trust in state governments has been front-page news since anti-lockdown protests started taking off. Beyond that, new polls suggest that many Americans trust disease experts when it comes to information about the virus. On the other hand, the media and the federal governme...Read More
The gold price continues to hold above US$1,700 per ounce, and this week INN had the chance to speak with EB Tucker of Metalla Royalty & Streaming about what...Read full newsRead More
Trade war, US unemployment, and even rise in US stock market are the reason for gold price to rise. Profit in stock trading is invested in gold. Lack of stock market margin pressure has resulted in more long positions in gold, silver, crude oil and copper. Liquidity is abundant. There is free money and lack of investment avenues. Businesses with cash are just using to trade and invest in stocks...Read More
Trade war, US unemployment, and even rise in US stock market are the reason for gold price to rise. Profit in stock trading is invested in gold. Lack of stock market margin pressure has resulted in more long positions in gold, silver, crude oil and copper. Liquidity is abundant. There is free money and lack of investment avenues. Businesses with cash are just using to trade and invest in stocks...Read More
The final part of this series reports on financing mechanisms to support RNG infrastructure.Read full newsRead More