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
A tree-testing method for gold discovery in Australia is holding up against surface and groundwater analysis in at least a few samples and has major...Read full newsRead More
Trade and Treasury headlines pushed the SPY below a key put strike"...with investors raising cash and hedging stock portfolios at an increasing pace, and the headwind we have observed is quite clear... But, so far, the market has not experienced a significant amount of technical damage... The implications of the hedging activity could create a big directional move in the coming weeks, as the desce...Read More
How you can transform lagging indicators into leading indicators.No one ever said trading was going to be easy.Sometimes, do-it-yourself investing can feel about as scientific as throwing darts... and many traders give up, unable to figure out how they can break through the endless cycles of mediocre - or even straight up abysmal! - results.And when even the supposed "market gurus" or "experts" do...Read More
Foreign loans that use minerals as collateral may complicate Zimbabwe's future negotiations with foreign creditors to restructure its $8.8 billion debt, an International Monetary Fund official said on Monday.Unable to get funding from lenders like the IMF since defaulting on its debt in 1999, Zimbabwe has over the last five years relied on the African Export and Import Bank (Afreximbank) for miner...Read More
Foreign loans that use minerals as collateral may complicate Zimbabwe's future negotiations with foreign creditors to restructure its $8.8 billion debt, an International Monetary Fund official said on Monday.Unable to get funding from lenders like the IMF since defaulting on its debt in 1999, Zimbabwe has over the last five years relied on the African Export and Import Bank (Afreximbank) for miner...Read More
Foreign loans that use minerals as collateral may complicate Zimbabwe's future negotiations with foreign creditors to restructure its $8.8 billion debt, an International Monetary Fund official said on Monday.Unable to get funding from lenders like the IMF since defaulting on its debt in 1999, Zimbabwe has over the last five years relied on the African Export and Import Bank (Afreximbank) for miner...Read More
Australia's EcoMag is working on a project to recycle waste-water streams, which are known as bitterns, to extract hydrated magnesium carbonate or HMC.At present, the focus is on the streams generated by Dampier Salt, a sea salt producer mostly owned by Rio Tinto in the Pilbara region.Magnesium is the third most abundant element dissolved in seawater. The first two, sodium and chlorine, are remove...Read More
Jersey-based Royal Road Minerals (TSXV: RYR) announced the closing of the acquisition of Northern Colombia Holdings from Compa???-a Kedahda, an affiliate of AngloGold Ashanti (JSE: ANG) (NYSE: AU).In a press release, Royal Road explained that NC Holdings, through its subsidiaries, owns Exploraciones Northern Colombia, which holds or has rights to a title package comprised of mining concession agre...Read More
Jersey-based Royal Road Minerals (TSXV: RYR) announced the closing of the acquisition of Northern Colombia Holdings from Compa???-a Kedahda, an affiliate of AngloGold Ashanti (JSE: ANG) (NYSE: AU).In a press release, Royal Road explained that NC Holdings, through its subsidiaries, owns Exploraciones Northern Colombia, which holds or has rights to a title package comprised of mining concession agre...Read More
Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - May 30, 2019) - Investorideas.com, a global investor news source covering mining stocks releases a snapshot looking at the recent developments in the African Gold mining sector, specifically in Tanzania. In Tanzania, revenues fromRead full newsRead More
A tree-testing method for gold discovery in Australia is holding up against surface and groundwater analysis in at least a few samples and has major...Read full newsRead More
The third wave of digitalization is taking the mining industry by storm. Not everyone is riding on top of the highest wave, but instead trying to settle on their surfboards and figuring out how to go forward. For example, do age, connectivity and heterogeneity of the fixed plant assets restrict the speed, and what is there to gain? Are autonomously optimized equipment, high asset availability an...Read More
"Despite extensive efforts by Gascoyne to optimise operations by targeting improved mined grade, resource reconciliation, and increased material movements, Gascoyne has continued to experience issuesRead More
Will you still be working by age 70? It's a fair question.According to a recent survey by the Employee Benefit Research Institute, nearly one-third of workers predicted they'd be working until age 70 or older, and only 10% expected to retire before 60. The reality is only 7% of the retirees surveyed worked until at least 70, and more than one third quit work before age 60. And this wasn't a fluke...Read More
LONDON, UNITED KINGDOM - Mark Bristow, officially installed as president and CEO of Barrick Gold (TSX: ABX; NYSE: GOLD) on New Year's Day, sat down with The Northern Miner for a fireside chat at The Northern Miner's Canadian Mining Symposium at Canada House in London, U.K., on May 22, 2019, to talk about his vision for the company and the gold mining industry more broadly since Barrick' blockbuste...Read More
ASX-listed diamond miner Lucapa on Monday announced that its latest sale from the Lulo alluvial mine, in Angola, had achieved gross revenues of $10-million, representing an average price of $1 800/ct.This took total half-year sales of Lulo diamonds to $22.1-million, achieving an average price of $3 668/ct.AdvertisementThe sale excluded several high-value diamonds which remain held in inventor...Read More
The stock market seems to rise or fall almost daily based on the latest news from the front lines of the trade wars.When Trump threatens new tariffs and China threatens to retaliate in kind, stocks fall. When Trump delays the tariffs and China agrees to resume negotiations, stocks rise. And so it goes. It has been this way since January 2018 when the trade war began.The latest dust-up came late la...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 landscapeSPONSOREDatricoJP Morgan, which is heavily involved with companies producing the lightweight battery metal, said tight profit margins were forcing supply cuts but no...Read More
For at least the last two years, I've explained that confidence in governments is dying around the world, that central bankers are losing control, that global growth is slowing, that the next financial crisis would come as a result of a bond blowup, and that China would be the largest beneficiary of this crisis as a bond market blowup has the potential to cause institutions to fall, power to shift...Read More
A worker at Codelco's El Teniente operation was hit by a rock and died on Sunday, Chile's state miner informed.In a media statement, the world's No.1 copper producer lamented the passing of 58-year-old Pedro Enrique Mena Bolvar??n, who belonged to the company's Mining Division.According to Codelco, the causes that prompted the rock to fall down at the Pilar Norte mine are under investigation."As s...Read More