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) - Four jobless diamond polishers in Surat have taken their own lives within 10 days, as a global drop in demand forces factory owners to lay off staff.Three men and a woman committed suicide due to financial stress, according to a report in The Blunt Times, a news portal covering Surat and south Gujarat.The Diamond Workers' Union Gujarat (DWUG) says workers are being laid off, w...Read More
(IDEX Online) - A Swiss company claims it has developed technology that chemically profiles any diamond so it can identify the country - and even the specific mine - of origin.Spacecode says it analyzes diamonds at a molecular level to determine where it was mined, so it doesn't matter whether the stone has been registered earlier in the supply chain.The company has been in talks with the G7...Read More
"When we see the few truth-tellers who are the stars of their organizations jettisoned - Tucker Carlson from Fox News, Matt Taibbi from Rolling Stone, Glenn Greenwald from The Intercept, James O'Keefe from Project Veritas... we must face the fact that there is an organized conspiracy to suppress truth." - Paul Craig RobertsThe weird part the news media isn't telling you about World War Three is th...Read More
Billed as the most in-depth interview yet, the New York Times published a very long piece that contains some rather startling admissions, claims, and defenses from Anthony Fauci, the face of lockdowns and shot mandates.The author and interviewer is David Wallace-Wells, who before (and now after) Covid specialized in writing about climate change, invokes every predictable trope. So there was a sens...Read More
The Swiss company will also acquire 30% of the Brazilian alumina refinery Hydro Alunorte, the world's largest alumina refinery outside China, from Hydro.Read More
Two major shareholders have increased their stake by US$10 million, giving the company enough money to pay its suppliers, reaffirming their support for the company despite its failure to attract aRead More
Share this article VANCOUVER - Valhalla Metals Inc. [VMXX-TSXV] provided an update on its Alaska projects and the Ambler mining district access road.The company is currently preparing for a summer exploration program at its flagship Sun project, northwest Alaska. This year's exploration program is planned to include a 24-man camp full re-build and expansion, ground gravity, LiDAR survey and diamo...Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumPreventing Crusher Events: How GET Trakka Helps Keep Mines Running SmoothlySPONSOREDcr powered by epirocTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe Swiss company will also acquire 30% of the Brazilian alumina refinery Hydro Alunorte, the world's larg...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 nickelCutifani, who was one of the industry's most prominent figures during his near-decade long tenure at Anglo American, has history with Vale.Read More
Cutifani, who was one of the industry's most prominent figures during his near-decade long tenure at Anglo American, has history with Vale.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 nickelRio is already a scandium producer from titanium dioxide waste at its Sorel-Tracy operation in Quebec, Canada. Platina (also known as Owendale) has reserves of 4.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 nickelOnce seen as impossible, the breakthrough moments for squeezing oil from shale, and other tightly packed rocks, came with the development of directional drilling and t...Read More
Last week, a parking garage collapsed in New York City. That's a dangerous situation - not just for the five people who were injured and the one who was killed but for the first responders as well. By sending firefighters into a situation like that you could just end up adding to the casualties. So they sent a dog instead.A robot one. "Digidog" was one of several robots deployed by the city to...Read More
The company produced 812,813oz of gold in the March quarter, up 23% from the prior year and 1.7% more than in the December 2022 quarter.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumPreventing Crusher Events: How GET Trakka Helps Keep Mines Running SmoothlySPONSOREDcr powered by epirocTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe timing of concentrate sales at the Peñasquito mine in Mexico impacted sales. The company produc...Read More
Chief executive Laurel Sayer said the permitting process "is progressing well" with federal agencies, given that the US Forest Service backed the company's preferred environmental approach asRead More
The company said the integration of the acquisition assets is progressing well, and it is on track to realise the US$40-60 million in annual synergies it anticipated.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumPreventing Crusher Events: How GET Trakka Helps Keep Mines Running SmoothlySPONSOREDcr powered by epirocTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelA year ago, Cyprium directors were racing toward copper production "in the second half of 2023", touting "...Read More
The company, which produced 242,524oz from operations in Mexico, Honduras and Brazil last year, will add about 51,000ozpa during the first four years of a 17-year mine life.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumPreventing Crusher Events: How GET Trakka Helps Keep Mines Running SmoothlySPONSOREDcr powered by epirocTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe NPV and IRR metrics are based on a $6000/t active anode material price, with a price of $5000/t seeing...Read More