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
When Equinox Gold (TSXV: EQX; US-OTC: EQXFF) was formed in December 2017 as a three-way merger of Trek Mining, Newcastle Gold and Anfield Gold, it launched with a development asset in Brazil, a couple of non-core assets elsewhere in South America and Mexico, a small gold deposit in British Columbia, and the Castle Mountain gold project in California.Today, the junior has one asset in production, a...Read More
The junior recently reported samples taken by an arm's length company from potential bulk tonnage targets at the project yielded up to 1,278g/t silver-equivalent.Read More
Mr. Maximilian Sali reportsBARRIAN MINING CORP. PROVIDES UPDATE ON BOLO WORK PROGRAMBarrian Mining Corp. has provided an operational update at its flagship Bolo gold property in Nevada.Barrian has recently completed its induced polarization and resistivity (IP/res) survey at Bolo. The survey comprises a total of approximately 11 line kilometres over nine lines targeting the mine fault and other mi...Read More
The online publication FirstPost reported earlier this month that India's Central Bureau of Investigation (CBI) had registered "a fresh case against absconding diamantaire Jatin Mehta, Winsome Diamonds and Jewellery and a Jordanian Hathyam Salman Ali Obaidah for allegedly cheating Bank of India for Rs 82.55 crore [approx. $12 million]." During the past years, CBI filed at least six...Read More
The Second Standing Committee of Macau's Legislative Assembly has begun discussing the proposed law for the Kimberley Process Certification Scheme (KPCS) to come in effect in the city as of October of this year. To make the October deadline, the KPCS law will need to be ratified by the Legislative Assembly before August 15, before it adjourns for a long recess, the president of the Commi...Read More
Leo Schachter (1924), a prominent diamantaire and founder and owner of Leo Schachter Diamonds, passed away on May 11, 2019. He established Leo Schachter Diamonds in New York in 1952. The company became a global leader in the midstream, from diamond manufacturing to jewelry setting. The Israeli branch of the firm belonged to the country's top exporters since the early 1980s. As second generat...Read More
Junior miner Lucara Diamond Corp reported its results for the quarter ended March 31, 2019. The company said that with respect to all mining and processing activities it recorded the best quarter in the Karowe mine's history. It recovered 132,336 carats, achieving a recovered grade of 15.9 carats per hundred tons processed. Among these were a 240-carat top white gem and a 223-carat high white...Read More
White Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumAltech ticks boxes on path to production SPONSOREDaltech chemicals"It's not regulation that fails, it's [the industry] as engineers and operators"SPONSOREDsrk consultingForum's first drill hole at the project la...Read More
Where to live is one of the biggest decisions retirees face. Should you keep the family home? Downsize to a smaller property? Or, rid yourself of homeownership altogether and rent? By the time many of us retire we've become so accustomed to owning a home that the idea of renting might never cross our mind. Since 1990, however, homeownership has declined among 55-64 year-olds, and experts expect th...Read More
The following is a release by London-based consultancy Metals Focus upon the publication of "Platinum & Palladium Focus 2019," its flagship annual report on the platinum group metals (PGM) market, which features comprehensive historical supply and demand statistics for 2010-2018, and a detailed 2019 forecast. For more information and to purchase a copy, visit www.metalsfocus.com.Palladium is forec...Read More
Victoria Gold Corp. is well on its way to pouring its first bar of gold this September at the Eagle Gold Mine at Dublin Gulch, in Central Yukon.Located in the heart of the Yukon, about 85 kilometers north north-east of Mayo, the Eagle Gold Mine is expected to produce an average of approximately 200,000 ounces of gold per annum over a 10-year mine life at all-in sustaining costs of less than US$750...Read More
White Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumAltech ticks boxes on path to production SPONSOREDaltech chemicals"It's not regulation that fails, it's [the industry] as engineers and operators"SPONSOREDsrk consultingIf BHP does declare its intent to convert...Read More
Alba Minerals (TSX-V:AA) announced that it entered into an agreement with Journey Exploration to acquire all of its issued and outstanding share capital.The logic behind the buyout is that Journey holds a 100% interest in five prospective vanadium and uranium properties in Colorado and Utah.Yellow Circle mine workings. Photo by Alba Minerals.According to Alba, the projects are in and adjacent to t...Read More
“The next few weeks could be rocky.”Bank of America's fortune cookie writers may have undersold their case...The trade war famously reopened Friday. The United States imposed 25% tariffs on $200 billion of Chinese products.Come this morning, China announced retaliatory tariffs on $60 billion of United States products.They enter effect June 1 - unless a negotiated truce first washes the...Read More
Is this the bottom in the gold space?Volatility seems to point to that being the case. The calm before the storm has broken and volatility is back... and it is not isolated.After months of negotiations, the U.S. and China have escalated the trade war and, though we are always just one tweet away from a major rally, there has now been an escalation in the trade war and there is also now the possibi...Read More
A trade war between the United States and China is depressing the price of copper and the red metal would be 5% to 15% higher without the dispute, the chairman for Chile's Antofagasta Plc told a Chilean newspaper on Sunday."Without the commercial war, I am convinced that the price of copper would be between $3.20 and $3.50 per pound," Jean-Paul Luksic said in an interview with El Mercurio.Despite...Read More
A trade war between the United States and China is depressing the price of copper and the red metal would be 5% to 15% higher without the dispute, the chairman for Chile's Antofagasta Plc told a Chilean newspaper on Sunday."Without the commercial war, I am convinced that the price of copper would be between $3.20 and $3.50 per pound," Jean-Paul Luksic said in an interview with El Mercurio.Despite...Read More
The Siberian Coal Energy Company or SUEK has partnered with Zyfra Group's subsidiary VIST Group, to develop an unmanned drilling technology at the Tugnuysky coal mine, located on the border between the Buryatia and Chita regions in south-central Siberia.Officially created in 1989, the open-pit operation has an annual output of approximately 12.5 million tonnes of low-nitrogen hard coal, which is m...Read More
The Siberian Coal Energy Company or SUEK has partnered with Zyfra Group's subsidiary VIST Group, to develop an unmanned drilling technology at the Tugnuysky coal mine, located on the border between the Buryatia and Chita regions in south-central Siberia.Officially created in 1989, the open-pit operation has an annual output of approximately 12.5 million tonnes of low-nitrogen hard coal, which is m...Read More
About 50,000 people rallied this week in the Colombian city of Bucaramanga to express their opposition to the Soto Norte gold project.The $1.2-billion project, proposed by Sociedad Minera de Santander or Minesa, is located in the north-central Santander department, just outside the P??ramo de Santurb??n, an area of the Andes mountains covered with subalpine forests above the continuous tree line b...Read More