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 streaming giant just partnered with Ben & Jerry's to create a new flavor of ice creamNetflix Inc (NASDAQ:NFLX) stock is popping today, after the streaming giant announced its partnership with Ben & Jerry's to create a flavor of ice cream called "Netflix & Chill'd," which will feature fudge brownies and pretzel swirls in peanut butter ice cream. The stock is up 1% to trade at $343, at last che...Read More
Stocks are set for fresh records yet againU.S. stock futures are pointing to a big day, set to build off Wednesday's bullish session. The Dow Jones Industrial Average (DJI) is eyeing a more than 200-point pop at the open, and the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are set for strong opens, as well, with all three major indexes again set for record highs. Investors continue to respond t...Read More
Even before the rumoured deal, more than 80% of the world's largest cobalt miner's output was tied up for years to come, a new report shows.Read full newsRead More
Vancouver, BC - A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV: AZ) has filed for an additional technology patent as it continues the development of the fuel tank inertia capsule system (FTICS). The company is aiming for installations to commence in 2020 to help save lives in the event of fires from vehicle collisions.The FTICS is a patented 3-part system that deploys in the event of...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that the Company has launched the UV350 dedicated in-vehicle IoT device in Sweden, and received its first purchase order to supply heavy trucks, forestry, logistic companies, and more, coming in 2020.Marc Seelenfreund, CEO of Siyata Mobile, commented, "We are very pleased to ent...Read More
"Today, a new era in our trade relationship begins!" the White House tweeted and live-streamed the signing ceremony.The deal caps 18 months of tariff conflict between the world's two largest economies which has hit hundreds of billions of dollars in goods, roiled financial markets, uprooted supply chains and slowed global growth, Reuters noted.Markets closed higher yesterday in London, the US and...Read More
Brazil Alumina achieved record year-to-date production of 702,000 tonnes and aluminium output was maintained, despite load-shedding at Hillside and Mozal Aluminium.Read More
"Hanlon has a strong local brand with an excellent safety record and longstanding relationships with major mining clients," he said.Read More
Share this articleTORONTO - Barrick Gold Corp. says its gold production for 2019 is expected to come in near the top end of its guidance, while copper production is forecast to be more than its earlier expectations.The gold miner says preliminary results indicate it produced 5.5 million ounces of gold last year compared with its guidance for between 5.1 million and 5.6 million ounces.Preliminar...Read More
(IDEX Online) - Lucara Diamond Corp. is collaborating with Louis Vuitton and the Antwerp manufacturing HB Company to transform the 1,758-carat Sewel?? ? diamond into a fine jewelry collection. The record-breaking diamond was recovered from the Karowe Diamond Mine in Botswana in April 2019.Lucara will receive an up front non-material payment for the Sewel?? ? and keep a 50-percent interest in the i...Read More
(IDEX Online) - Diamcor Mining Inc. sold 13,218 carats of rough in the its third fiscal quarter ended December 31, 2019. Gross revenue for the period totaled $1,412,117 or $106.83 per carat. The lower dollar per carat achieved during the period was due to the significantly higher percentage of smaller, lower quality rough diamonds recovered as part of the tailings-retreatment exercises at the...Read More
(IDEX Online) - India's state-owned miner NMDC could be getting a multi billion dollar contract to explore and mine diamonds at a diamond project abandoned by Rio Tinto, reports Reuters. Located in the central state of Madhya Pradesh, the Bunder deposits could contain millions of carats of diamonds, Neeraj Mandloi, the principal secretary of the state's Mineral Resource Department,...Read More
(IDEX Online) - The American Gem Trade Association (AGTA) is moving the judging of its annual AGTA Spectrum Awards Design Competition back to October. The move is to ensure that designers who have sourced their gemstones at the AGTA GemFair Tucson or AGTA GemFair Las Vegas have enough time to conceptualize and create their entries. "Spectrum is always such an incredible showcase of color, and...Read More
Eldorado Gold (TSX: ELD; NYSE: EGO) has announced the discovery of a new zone of gold mineralization, the Ormaque zone, at its Lamaque gold project.Drill highlights include 27 metres of 10.2 grams gold per tonne; 12 metres of 26.82 grams gold per tonne; and 16 metres of 25.53 grams gold per tonne.The Ormaque zone is located within a previously-undrilled gap in mineralization between the historic S...Read More
Iamgold (TSX: IMG; NYSE: IAG) has announced that CEO Stephen Letwin will retire at the end of February after a decade at the company.Gordon Stothart, the company's president and chief operating officer, will take his place.The news comes on the same day the Toronto-based miner posted preliminary operating results for 2019, which show output fell short of Iamgold's target for the year.Attributable...Read More
Pay-by-day mining software gives geologist competitive boostSPONSOREDmicromineSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesThe 10 highest-returning ASX-listed mining stocks in 2019 produced share-price gains of between 1,400% and...Read More
Diamond miner Lucara Diamond has entered into a collaboration with famous luxury house Louis Vuitton and diamond manufacturer HB Company to manufacture its historic 1 758 ct Sewelô diamond that was recovered from Lucara’s Karowe diamond mine, in Botswana, in April last year.The purpose of the collaboration is the planning, cutting and polishing of a collection of diamonds from&nbs...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesUnder the creditor agreement—which has the support of the Ministry of Mines and Energy—the Oroya assets will be transferred to a new company called Nueva La Oroya which will be owned by workers as labour creditors. This will take place before June 30.The Cobriza copper mine, which has capacity to produce 20,000 tonnes p...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resources"Our business strategy has and continues to be focused on achieving near-term organic production growth, at first quartile production costs, while increasing the foundational long-term copper production base of the Curaca Valley through aggressive exploration and discovery," said president and CEO David Strang.Curaca Valley process...Read More
What if there was a product that saw a 40% jump in demand last year?A product that hit a record-high peak in proliferation?A product that was useful, inexpensive, and environmentally friendly?Would that interest you?If it would, then I have some good news, because that's exactly what I'm going to show you today.Because today is the day we talk about hydrogen fuel cells - a market that has been unf...Read More