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 resourcesSouth32 exercised its option to acquire a 50% interest in December 2019. Trilogy contributed all its UKMP assets—some 172,675 hectares—to the JV while South32 contributed US$145 million.Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesUnder the agreement, Kennecott can accelerate the earn-in and has the right to elect to form a joint venture after completing either the first, second or third option.Emgold is acquiring 100% of New York Canyon from junior Searchlight Resources by paying a further C$300,000 over 18 months under a deal agreed in mid-2019.  ...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe miner is undertaking technical review of the mine, which had operated at reduced capacity in recent years, owing to constrained weather-related water availability.Read More
Pretium Resources (TSX: PVG) expects to produce between 325,000 oz. and 365,000 oz. gold per year in the Valley of the Kings zone, in contrast with the 525,000 oz. long-term output rate suggested in a technical report released in 2019. Last year's gold production of 354,405 oz. from the Brucejack mine in B.C. at all-in sustaining costs (AISCs) of US$888 per oz. is in line with earlier forecasts.Pr...Read More
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is taking a 9.9% stake in Rupert Resources (TSXV: RUP) and the junior's flagship Pahtavaara gold project, located 50 km away from Agnico's Kittila mine in Finland.Rupert Resources owns 100% of the permitted Pahtavaara gold mine and mill on a 300 sq. km. land package in northern Finland's Central Lapland Greenstone Belt.Pahtavaara is located about 20 km from...Read More
AngloGold Ashanti (NYSE: AU) is selling its assets in South Africa to Harmony Gold (NASDAQ: HMY) in a deal worth about US$300 million.Harmony Gold has nine underground operations in the country's Witswatersrand basin and an open-pit mine on the Kraaipan Greenstone belt.AngloGold said it decided to sell its remaining producing assets and related liabilities to Harmony Gold after a nine month sales...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 resourcesCase study: platform financeSPONSOREDminexiaIt was 2008, I think, when the term ‘Black Swan' came into common usage by virtue of the book of same name by Nassim Taleb from the pre...Read More
Diamond miner De Beers Group has identified five focus areas that will be advanced across the group’s businesses to further improve safety.The actions were agreed on at the group’s biannual safety summit last week, which brought together CEOs from across the group to deeply engage on Pioneering Safely into a Brilliant Future and sign a pledge to work together to advance safety across t...Read More
Imagine waking up, surrounded by doctors clad in space suits and respirators.Every time you breathe out it's a hazard, and everything you touch must be sterilized or destroyed.That's the reality of this coronavirus (COVID-19) outbreak.China's 2020 New Year's celebrations were called off. Tens of thousands of flights were cancelled, office buildings and schools were locked, and billions of dollars...Read More
Anyone researching Lincoln Gold Mining Inc. (CVE:LMG) might want to consider the historical volatility of the share...Read full newsRead More
Unless the real impact of the corona virus is known, gold will range trade while industrial metals will rise. Volatility will rise from today. Trade very carefully. US economic data releases will have to beat street expectation this week for gold price to move into a short term bearish phase. In February gold prices have been falling on Singapore open. This suggest lack of physical demand in Asi...Read More
Unless the real impact of the corona virus is known, gold will range trade while industrial metals will rise. Volatility will rise from today. Trade very carefully. US economic data releases will have to beat street expectation this week for gold price to move into a short term bearish phase. In February gold prices have been falling on Singapore open. This suggest lack of physical demand in Asi...Read More
Monterey Minerals Inc. is pleased to announce that it has signed a non-binding Letter of Intent with Greater Arc Resources Limited.Read full newsRead More
Gold snapped its four day win streak todayDespite roaring out of the gate for a new record high, the Dow finished marginally lower today. The blue-chip index pared triple-digit gains while investors unpacked the testimony of Fed Chair Jerome Powell, but ultimately pivoted lower later in the day. The S&P 500 and Nasdaq held on to their gains though, both nabbing fresh record closes thanks in part t...Read More
Feb 10, 2020 (GoldStocks.com via COMTEX) -- Gold has emerged as one of the most closely-tracked commodities over the past month or so. It's no surprise...Read full newsRead More
Yield Growth a publicly traded plant-based wellness company, trading on the CSE under symbol BOSS is using their proprietary catalog of technology to produce high quality brands. Penny White joins Dan Humiston to talk about their brands, their thirteen patentsRead full newsRead More
Sirios is pleased to announce the signing of an agreement with Dios Exploration, allowing it to obtain a 90% interest of Dios' Solo gold property.Read full newsRead More
Mastercard's joint venture to carry out clearing operations in China was just approved Payments specialist Mastercard Inc (NYSE:MA) is enjoying a lift midday, and notched a fresh record high of $335.15 earlier, following news that the People's Bank of China (PBOC) approved the company's Chinese joint venture (JV) to carry out bank card clearing operations in the region. This will give Mastercard t...Read More
We all love conspiracy stories - who knew what and who was manipulating events behind the scenes? All the metals intelligence you need in one user-friendly platform with unlimited usage - Request a MetalMiner Insights platform demo A recent Telegraph article takes a more balanced approach to review goings-on at the London Metal Exchange (LME)...Read full newsRead More
The South Korean battery manufacturer will receive up to 21,000 tonnes of cobalt, mostly coming from the Katanga mine in DRC.Read full newsRead More