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)- De Beers plans to go ahead with its third sight next month, despite a travel ban to Botswana, where the sales are held.Flights from 18 high-risk countries - including China, India and Belgium - have been banned in a move aimed at limiting the spread of coronavirus.Many of the 80 sight holders will struggle to attend and may send representatives or buy blind at the sight, which...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe financing is comprised of unsecured convertible debentures, with the funds to be used to advance ongoing litigation associated with permits for the NorthMet project in Minnesota, USA, as well as to continue engineering and optimisation efforts for the project."These funds provide the financial framework to continue to move the...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resources"This is one of the lowest prices for a decade and unfortunately this will last as long as the coronavirus issue exists.Read More
Nouveau Monde Graphite (TSXV: NOU) has released updated resources for the West Zone deposit at its Matawinie graphite project, 150 km north of Montreal.Updated measured and indicated resources increased by 25%, to 120.3 million tonnes grading 4.26% carbon graphite for a total of 5.1 million tonnes contained graphite. Additional inferred resources are at 4.5 million tonnes at 4.43% carbon graphite...Read More
As its Pumpkin Hollow underground mine ramps up to commercial production, Nevada Copper (TSX: NCU) has entered into non-binding arrangements for a balance sheet strengthening package. The company is working to reach binding agreements in the next two weeks."This proposed financing package is expected to provide significant balance sheet strength and positions our business to weather this period...Read More
Tanzanian Gold (TSX: TNX; NYSE:TRX) has updated the resource estimate for its Buckreef gold project, about 110 km southwest of the city of Mwanza in north-central Tanzania.The Buckreef shear zone now contains 40.99 million tonnes grading 1.73 grams gold per tonne for 2.27 million oz. contained gold, up from a 2018 estimate of 21.99 million tonnes grading 1.54 grams gold per tonne for 1.09 million...Read More
Rio Tinto (NYSE: RIO; LSE: RIO) evacuated all of its employees from its Kennecott copper mine near Salt Lake City, Utah, after a 5.7 magnitude earthquake hit near the town of Magna.All of its employees have been safely accounted for and removed from potential risk areas, the company said.Rio Tinto reported limited damage to the operation or risk to the surrounding community, and has temporarily ha...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesMICROMINE STRENGTHENS DATA MANAGEMENT SOLUTION WITH Geobank 2020SPONSOREDmicromineWell this is certainly getting interesting.Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesMICROMINE STRENGTHENS DATA MANAGEMENT SOLUTION WITH Geobank 2020SPONSOREDmicromineThe equity market has been undiscriminating in dishing out losses over the past two months.Read More
Despite the fact mining operations tend to be in more remote locations, Fitch sees increasing scope for reduced personnel flow and supply chain disruptions due to government actions leading to a reduction or halt in mine production."As countries grapple with how to contain or slow the spread of the virus, we expect this could lead to operational disruptions at mining operations. This inherently ra...Read More
"This is one of the lowest prices for a decade and unfortunately this will last as long as the coronavirus issue exists.Read More
I'll start by saying that I'm not one to panic...I didn't go out and hoard toilet paper, hand sanitizer, canned goods, and bottled water. You know why? Because I always keep a steady supply of those things. I sleep safer - regardless of what's happening - if I know that I can survive weeks in any event.Snow storm? Power outage? Global pandemic? At least I know I can make it long enough to let thin...Read More
The Company Provides a Statement Regarding COVID-19 (Coronavirus)Read full newsRead More
John Hopkins center for psychedelic research dedicated to discovering potential of mushrooms in support of overall health Global functional-food market forecast to reach $34.3 billion by 2024; both reishi, cordyceps consumption expected to be in high demand Distribution strategy involves e-commerce, social-media influencer marketing, product formulation and R&D agreement with Drip Coffee Social Ch...Read More
MONTREAL, March 17, 2020 /CNW Telbec/ - MONARCH GOLD CORPORATION ('Monarch' or the 'Corporation') (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is ...Read full newsRead More
All three major indexes experienced big lossesStocks saw drastic losses again today, triggering yet another trading halt andnew lows for the Dow, SPX, and Nasdaq, as COVID-19 continues to influence a highly volatile market. The blue-chip index closed 1,300 points lower, as uncertainty over fiscal responses and the need for bailouts mounted. All three indexes also plunged to fresh annual or multi-y...Read More
Boeing requests at least $60 billion in government aidBoeing Co (NYSE:BA) is down 24.3% to trade at $94.05 at last check, earlier touching a nearly seven-year low of $89, despite the Trump Administration announcing $50 billion loan plan for airlines. The aerospace firm is seeking government aid in the form of around $60 billion for itself and the entire aviation industry. Smaller requests from ai...Read More
Prime Minister Justin Trudeau has announced that the Canada-U.S. border will close to all non-essential travel, and that the federal government is prepared to spend $27 billion on direct financial help and $55 billion for mostly tax deferrals in response to the COVID-19 crisis.Read full newsRead More
The German bank has adjusted its global growth forecast to 0.8% for 2020, down from 3.2% last yearRead full newsRead More
The Italian 10Y, which was trading below 1% as recently as one month ago, exploded as high as 2.99% this morning, before easing some of the rout following media reports that the ECB is intervening via the Bank of Italy.Read full newsRead More