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) - Petra Diamonds Limited has announced that while its production for the six months ended December 2019 was up 3 percent to 2,070,240 carats (H1 FY 2019: 2,019,147 carats), revenue for the same period was down 6 percent. Revenue fell to $193.9 million from 1,743,807 carats (H1 FY 2019: $207.1 million from 1,736,357 carats).The decline in revenue comes from lower diamond prices and th...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesCochilco analyst Camila Montes said desalination use would grow most in the drier northern parts of the country, forecasting 65% usage in Antofagasta, 60% in Tarapaca, 42% in Atacama and 25% in Coquimbo. Some 90% of the desalinated seawater will be used in the processing of copper sulphide ores for the production of copper concentr...Read More
Palladium One Mining (TSXV: PDM; US-OTC: NKORF) has reported anomalous nickel, copper and cobalt in soil samples from the Smoke Lake anomaly at its 103-sq.-km Tyko property near Marathon, Ontario.Assays include 238 parts per million (ppm) nickel, 108 ppm copper and 10 ppm cobalt in one sample as well as 46 ppm nickel, 54 ppm copper and 13 ppm cobalt in a second sample.."These soil values represent...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 financeSPONSOREDminexiaThe reality I see is that asset managers are acquiring fossil fuel plants at knockdown prices as utilities, under pressure from those same en...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 financeSPONSOREDminexiaSome investors, mainly newcomers to mining, or those desperate for a higher yield on their savings, which are generating ultra-low or even ne...Read More
ANLA issued an administrative document indicating AngloGold Ashanti had complied with all the established requirement and provided the environmental authority with all the information and documentsRead More
London-listed Petra Diamonds expects to report production of 2.07-million carats of diamonds for the six months ended December 31.In a trading update published on Monday, ahead of the release of its interim results on February 17, the miner noted that production for the six months had been about 3% higher than the 2.01-million carats produced in the six months ended December 31, 2018.Advertisement...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 financeSPONSOREDminexiaThe companies intend now to flesh out definitive details of a transaction.Madison is currently under an ‘earn-in with option to joint v...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesANLA issued an administrative document indicating AngloGold Ashanti had complied with all the established requirement and provided the environmental authority with all the information and documentsRead More
Volatility is back and like I told subscribers late last year, buckle up and expect it to become a permanent part of the investing and speculating landscape moving forward.The driver right now is coronavirus.From a health and human perspective there are now nearly 3,000 confirmed cases in China with a death toll that is now over 80. That number is expected to grow.Here in the U.S. there are now fi...Read More
Demand for safe-haven investments such as gold may have gone down, but potential headwinds could help the yellow metal gain traction again.Read full newsRead More
Jan 23, 2020 (GoldStocks.com via COMTEX) -- The general sentiment for gold stocks was more of a "watch and wait" as opposed to an all-out scramble during the...Read full newsRead More
Owning gold is a way to get out of this "debt trap", but governments don't want you to own gold, especially in Germany...Read full newsRead More
Ongoing consolidation of the largely privately-owned mining consulting sector in 2019 saw London-based ERM buy one of the biggest ‘pure' geology and mining consulting firms on the market,Read More
(IDEX Online) - Jewelers for Children has announced a partnership with Virtual Diamond Boutique, a global technology company serving the jewelry industry, to create a new app that means anyone can now take part in its silent auctions. The industry charity hosts auctions throughout the year as a key fundraising mechanism. However, until now only participants who attended a particular event cou...Read More
(IDEX Online) - Craig Danforth, VP of client solutions for Jewelers Mutual Group, has joined the advisory board of Gem Legacy, a 501c3 nonprofit organization dedicated to colored gemstone mining communities.Danforth was previously direct of global business development at the Gemological Institute of America (GIA). He is a member of the Jewelers 24 Karat Club of Southern California and the 24 Karat...Read More
(IDEX Online) - Mountain Province Diamonds has reported that its Q4 and full-year production results for 2019 exceeded expectations. The volume of carats recovered during the year surpassed the company's revised guidance of 6.7-6.8 million carats, because of strong operational performance in the fourth quarter.During the quarter, 1.98 million carats were recovered, which was 28 percent higher...Read More
While Perenti Global (formerly Ausdrill), Macmahon Holdings and NRW Holdings - which has outlaid circa-A$200 million (US$135 million) on Golding Contractors and more recently BGC Contracting in theRead More
Jan 23, 2020 (GoldStocks.com via COMTEX) -- The general sentiment for gold stocks was more of a "watch and wait" as opposed to an all-out scramble during the...Read full newsRead More
The gold price experienced a slight uptick this week in relation to concerns that the coronavirus may be a global pandemic.Read full newsRead More