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
Capital Drilling, which has made a strategic investment of US$3 million in Allied, will assume management control of Bonikro's heavy mining equipment fleet and perform drill and blast, grade control, load and haul, and dewatering services.Bonikro's fleet, including 16 dump trucks, four shovels and associated mining equipment. will be supplemented with an excavator, three bulldozers and auxili...Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesIt lowered its outlook for the red metal for the rest of this year to US$5,900 per tonne from $6,300/t. Copper is currently sitting at around $5,750/t.Read More
Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedThe future of mining is (still) peopleSPONSOREDproudfootAccenture's resources lead Ann Burns acknowledges one of the three aims in the Triple Zero concept is seen as the "holy...Read More
"The bearish consensus view on iron ore… is too bearish, in our view," said Jefferies analyst Christopher LaFemina in a note.Read More
Subsequent to the launch of thenew VDrivePlus and AlphaDrive-Micro variable-speed drives(VSDs) from Hudaco Group company Varispeed, bearings and accessories distributor Bearings International (BI) has embarked on a training and sample-distribution campaign at its 50 BI branches in South Africa. Two training sessions have been conducted at BI’s head office inBoksburg, Gauteng, with a furthert...Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesThe blockade, which began on September 22 by the Chumbivilcas community some 150km from the mine means vital supplies cannot enter the mining operation, with other communities undertaking similar measures at other points of the transportation corridor."While there has been no impact on the production of copper concentrate to date, mi...Read More
The $2-billion Venetia Diamond Mine Underground project remains on track and within budget to achieve first production in 2021. At steady-state production, 5.9-million tonnes of ore will be treated in the existing process plant to produce some 4.5-million carats a year.Anglo American subsidiary De Beers Group hosted a Young Diamantaires Visit at the mine last month, providing the media and visitor...Read More
If you're over 50, chances are the decision to retire won't be yours.A new data analysis by ProPublica and the Urban Institute found that more than half (56%) of U.S. workers over 50 have been fired, forced to retire early, or pushed out of their jobs before they were ready to retire.What's more, one third of these pushed-out workers go on to be fired from two or more jobs before leaving the workf...Read More
The following is an edited excerpt from the "Global Silver Investment" report prepared by Metals Focus for The Silver Institute. Visit www.silverinstitute.org for complimentary access to the full report.Investor sentiment has strengthened for silver (as well as the wider precious metals complex), in contrast with recent years' activity, when many institutional investors had been skeptical towards...Read More
Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftIn 2017, just as it was shaking off the worst of the downturn, activist shareholder Elli...Read More
Combined production for the three-month period slid 52% to 22,678oz, bringing the London-domiciled company's output to date to 102,113oz and putting it somewhat short of its previously reduced guidance of 180,000-200,000oz. The estimate had been previously cut from 210,000-230,000oz owing to work issues at Youga.New Liberty output fell 57% over the prior period to 8,059oz due to heavy rainfall tha...Read More
HARARE – London-listed Vast Resources will next week sign an agreement with Zimbabwe's state diamond mining firm to prospect and mine diamonds in the east of the country, the mines minister and a company official said on Friday.President Emmerson Mnangagwa's government is stepping up efforts to exploit its mineral resources to revive an economy crippled by triple-digit inflation and...Read More
Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftAccenture's resources lead Ann Burns acknowledges one of the three aims in the Triple Ze...Read More
I can't possibly underscore how horrible this summer has been for me as a cannabis investor. It doesn't get much worse than this...I feel like Indiana Jones in the Temple of Doom, when the walls start closing in...It's one thing to try and catch a falling knife - it's a far different scenario when you are trying to catch an entire room of falling daggers. In all of my years of covering cannabis, I...Read More
Yesterday we hazarded a defense of free trade. Here was the rock of our argument:A free man - even an American - enjoys the right to purchase his wares at the lowest price he can obtain them.That is, we stood upon "that right which man has to purchase his sustenance where he can obtain it cheapest."But today we vacate the defense counsel's table. Instead we don the black robe... and take our impar...Read More
Lack of alternate investment avenues and fear of more recession has resulted in investors flocking to gold and silver. Even bitcoin and other crypto currencies are selling off. Investors and traders have not choice but to invest in gold and silver. Currency markets are not very volatile. Traders invest in investment instruments which are highly volatile. Gold and silver are highly volatile apart...Read More
Lack of alternate investment avenues and fear of more recession has resulted in investors flocking to gold and silver. Even bitcoin and other crypto currencies are selling off. Investors and traders have not choice but to invest in gold and silver. Currency markets are not very volatile. Traders invest in investment instruments which are highly volatile. Gold and silver are highly volatile apart...Read More
President Trump and Vice Premier Liu plan on meeting tomorrow, per TwitterThe Dow finished roughly 150 points higher today, extending yesterday's gains on a statement from President Donald Trump that he would meet with Chinese Vice Premier Liu He on Friday, strengthening optimism over an eventual trade deal. This sentiment was buoyed by a report that the Trump administration may be prepared to loo...Read More
White Gold Corp. (TSXV:WGO,OTC:WHGOF,FRA:29W) has been featured in a sponsored article published by MotherlodeTV.Read full newsRead More
SDC stock slipped into single-digit territory for the first time ever earlierIt's been a terrible week for SmileDirectClub Inc (NASDAQ:SDC) stock, which is headed toward its fourth straight loss today -- down 8.3% at $10.06, and earlier sinking into single-digit territory for the first time ever. While one short seller is targeting even more downside for the teledentistry stock, today's options tr...Read More