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

Lithium's next generationSPONSOREDneo lithiumHot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resourcesFinally, a changed mining tech M&A landscapeSPONSOREDatricoI'm not one to endorse doctrine based on religious persuasion as it pertains to the mining sector.Read More

Lithium's next generationSPONSOREDneo lithiumHot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resourcesFinally, a changed mining tech M&A landscapeSPONSOREDatricoBack in 2014, if memory serves, when the iron ore price was locked into an inexorable  decline from its heady apex of late 2010 toward the depths...Read More

Altech ticks boxes on path to production SPONSOREDaltech chemicalsIt said Pembridge Resources (LSE:PERE) had agreed to buy the asset for US$20 million (C$26.76 million) in instalments. The sale is subject to certain provisions, including the mine reaching commercial production.Minto is about 240km north of Whitehorse and has been on care and maintenance since October 2018.Altech ticks boxes on pat...Read More

Sharp, bracing winds have scattered the fog. The horizon is now visible... and the future drifts into focus.Yes, we have the future in sight.Today we report the way ahead.We begin where we stand - upon creaking and groaning floorboards…Recessionary Warnings in all DirectionsManufacturing surveys indicate global manufacturing contracted in May… for an unprecedented 13th-consecutive mont...Read More

I had a warning for you when lithium began to take off in 2016:When bull runs start people get greedy. They also get stupid. Don't be one of them.I warned you about unscrupulous promoters and management teams that knew outright their projects had no chance of being mines, and of newsletter writers who would tell you to buy those stocks.While some folks were busy buying lithium stocks at $1.00 that...Read More

Altus Strategies' subsidiary, Altau Resources, has locked down a new copper-gold exploration license in Ethiopia, dubbed Zager.Read full newsRead More

Gold made gains on Monday, pushing above the psychological US$1,300 level, due to growing trade tensions between the US and China.Read full newsRead More

Gold faces key resistance at $1339.10. Gold needs to break and trade over $1339.10 to rise to $1353 and $1374. Sell off will be there if gold does not break and trade over $1339.10. Speculation of interest rate cuts by the Federal Reserve will be bullish for gold and silver. Momentum is very bullish. Today and tomorrow are very crucial days for continuance of bullish trend. Silver needs to trade...Read More

Gold faces key resistance at $1339.10. Gold needs to break and trade over $1339.10 to rise to $1353 and $1374. Sell off will be there if gold does not break and trade over $1339.10. Speculation of interest rate cuts by the Federal Reserve will be bullish for gold and silver. Momentum is very bullish. Today and tomorrow are very crucial days for continuance of bullish trend. Silver needs to trade...Read More

Searchlight Resources Inc. (Read full newsRead More

Fed Chair Jerome Powell implied interest rate cuts are on the tableThe Dow bounced back in a big way today, after Fed Chair Jerome Powell said the Fed will "act as appropriate" to support economic growth, alluding to a possible interest rate cut. Encouraging trade comments from China's Commerce Ministry also helped renew optimism. Elsewhere, lawmakers in Washington are reportedly toying with the...Read More

Geomega Resources is improving its proprietary ISR technology as it moves closer to being Canada's first rare earth elements recycler and the only one outside China. The company operates a pilot plant and has made several optimizations recently.The plant can now recover over 95% of the reagents used, keeping operating costs down and the process environmentally sound. It can also handle more variab...Read More

Geomega Resources is improving its proprietary ISR technology as it moves closer to being Canada's first rare earth elements recycler and the only one outside China. The company operates a pilot plant and has made several optimizations recently.The plant can now recover over 95% of the reagents used, keeping operating costs down and the process environmentally sound. It can also handle more variab...Read More

VANCOUVER, June 4, 2019 /CNW/ - Pasha Brands Ltd. (Read full newsRead More

The verdict is in, and it does not look good for miners in Argentina. In a unanimous decision on Tuesday, Argentina's Supreme Court rejected a challenge to an environmental law banning mining in glacial areas that was brought by Barrick Gold. The Canadian miner had attempted to subvert Argentina's controversial Glacier Protection Law prohibiting mining in glacier and permafros...Read More

The verdict is in, and it does not look good for miners in Argentina. In a unanimous decision on Tuesday, Argentina's Supreme Court rejected a challenge to an environmental law banning mining in glacial areas that was brought by Barrick Gold. The Canadian miner had attempted to subvert Argentina's controversial Glacier Protection Law prohibiting mining in glacier and permafros...Read More

The verdict is in, and it does not look good for miners in Argentina. In a unanimous decision on Tuesday, Argentina's Supreme Court rejected a challenge to an environmental law banning mining in glacial areas that was brought by Barrick Gold. The Canadian miner had attempted to subvert Argentina's controversial Glacier Protection Law prohibiting mining in glacier and permafros...Read More

Billionaire Beny Steinmetz's mining company sought bankruptcy protection in the U.S., two months after losing a $2 billion arbitration award to Brazilian mining giant Vale SA.The court filing by BSG Resources Ltd. on Monday could stymie Vale's effort to enforce the award, which stems from an ill-fated joint venture with BSGR at the Simandou iron ore mine in Guinea. The government stripped their ve...Read More

SNAP is on track for its fourth consecutive winSnap Inc (NYSE:SNAP) is up 8% at $12.63 this afternoon. While there's no specific catalyst, the social media stock could be benefiting from a broad-market rally, or possibly a round of short covering, considering 7.6% of its float is controlled by bearish bettors. Whatever the reason, options are running hot, with most of the action being driven by bu...Read More

Source: GlobalData Mining Intelligence CenterA new report by GlobalData shows the value of capital raising deals in the metals and mining sector increased from the final quarter last year to over $11 billion in Q1 2019, despite the number of agreements inked falling sharply.GlobalData said overall, the total volume of completed capital raising deals decreased from 378 in Q4 2018 to 273 in Q1 2019,...Read More