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
GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelAllkem and Livent's $10.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelSpeaking at the 8th SME Current Trends in Mining Finance conference in New York, US, Silver said the critical difference between them is that DCF centres around the ti...Read More
(IDEX Online) - Sotheby's Geneva is to auction the ultimate bicycle, decorated in gold leaf and embedded with a 2.03-carat round brilliant-cut Fancy Brown-Yellow diamond at the top of its steering tube.The estimate has not been disclosed, but the opening bid in an online auction (closing 18 May) is for $67,000.Colnago, the iconic Italian racing bike firm, has produced the one-off bike to mark...Read More
(IDEX Online) - The first auction of Heidi Horten's jewelry - a sale marred by publicity over her Nazi-era fortune - yesterday raised $156m, well above its $139m low estimate.That's despite two star items falling short. The 25.59-carat Sunrise Ruby (pictured) which the Austrian billionaire bought for $30min 2015, sold for $14.6m (low estimate was $15.7m).And the 90-carat "Briolette of In...Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelMiners had high hopes for China in 2023. Commodity prices may still be high by global standards, but they have been trending down in recent months.Read More
Look beyond market approach to project valuations: van ZylLeadershipGoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesNewcrest will subscribe for 15.8 million Metallic units at 40c each, with each unit comprising one share and 0.75 of a share purchase warrant.Read More
Miners had high hopes for China in 2023. Commodity prices may still be high by global standards, but they have been trending down in recent months.Read More
Speaking at the 8th SME Current Trends in Mining Finance conference in New York, US, Silver said the critical difference between them is that DCF centres around the time value of money, while MOICRead More
Good morning from il bello Piemonte!In the summer of 1997, three songs were played over and over and over again on the radio. They were Building a Mystery by Sarah McLaughlin, Sunny Came Home by Shawn Colvin, and Where Have All the Cowboys Gone? by Paula Cole.All day. Every day. On every radio station, it seemed.And good songs, they are. Colvin's Sunny Came Home is about renewal, while McLaughlin'...Read More
What is the optimal annual increase to the annual monetary supply? Is it:A: 2% growthB: 1% growthC: 0% growthD: -1% growthE: -2% growthThe answer you will have shortly. Let us first glance the doings on Wall Street...Heavy weather barreled on through this afternoon. The Dow Jones Industrial Average went 222 points backward today, the S&P 500, seven.The Nasdaq Composite - dspite all hell's ange...Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelLarge and continuing supply shortfalls feature prominently in pitches to back new industrial metal mining ventures.Read More
Calling the combination "transformational with compelling strategic logic," Allkem chief executive Martin Perez de Solay said that the deal "marks a significant milestone in our efforts to growRead More
With the regulations and processes yet to be determined to access the new mechanisms, investments are paused while companies work out where best to invest.Read More
Share this article VANCOUVER - Metallic Minerals Corp. (MMG-TSXV, MMNGF-USOTC) on Wednesday announced a $6.34 million strategic equity investment by a unit of Newcrest Mining Ltd. [NCM-TSX, ASX, PNGX].It said the investment will take the form of a non-brokered private placement, with the goal of advancing Metalic's La Plata copper-silver-platinum group element alkalic porphyry project in Colorado...Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelCalling the combination "transformational with compelling strategic logic," Allkem chief executive Martin Perez de Solay said that the deal "marks a significant...Read More
Pelham's latest attempt was via a settlement offer dated 7 May, which sought the resignations of three of Nickel 28's directors and the appointment of Pelham's managing member, Edward Collery, as wellRead More
"In traditional layman's terms, the Fed is bankrupt - and I don't just mean intellectually."Here you have the studied conclusion of Mr. Thomas L. Hogan. This fellow holds a senior fellowship at the American Institute for Economic Research.More from whom:Like a private bank, the Fed maintains some level of capital as a buffer against losses. When those losses exceed the value of its capital, the Fe...Read More
A new report by strategists at JPMorgan Chase says investors are shifting their focus toward two contrasting sectors as recession risks loom on the horizon - gold and technology.The bank says investors are seeking refuge in safe-haven assets like gold while also capitalizing on the potential growth opportunities offered in tech stocks.Bank failures, de-dollarization, a labor shortage, rising infla...Read More
While discussing the incentive price required to stimulate the construction of new copper mines, both McEwen and Eduardo Covarrubias, chair of Los Andes Copper, which has the Vizcachitas advancedRead More
In a draft of Luksic's speech released before Antofagasta's annual general meeting today, the chair warns that Read More