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
BHP, Barrick Gold, Teck Resources and Antofagasta are a few of the major mining companies that, together with equipment suppliers and universities, have helped develop global guidelines on automation.The document, published this week by Canada-based Global Mining Guidelines Group (GMG), outlines a framework for miners to follow when considering adding autonomous equipment to their operations. It a...Read More
BHP, Barrick Gold, Teck Resources and Antofagasta are a few of the major mining companies that, together with equipment suppliers and universities, have helped develop global guidelines on automation.The document, published this week by Canada-based Global Mining Guidelines Group (GMG), outlines a framework for miners to follow when considering adding autonomous equipment to their operations. It a...Read More
BHP, Barrick Gold, Teck Resources and Antofagasta are a few of the major mining companies that, together with equipment suppliers and universities, have helped develop global guidelines on automation.The document, published this week by Canada-based Global Mining Guidelines Group (GMG), outlines a framework for miners to follow when considering adding autonomous equipment to their operations. It a...Read More
BHP, Barrick Gold, Teck Resources and Antofagasta are a few of the major mining companies that, together with equipment suppliers and universities, have helped develop global guidelines on automation.The document, published this week by Canada-based Global Mining Guidelines Group (GMG), outlines a framework for miners to follow when considering adding autonomous equipment to their operations. It a...Read More
Anglo American's De Beers is stepping up efforts to remove conflict diamonds from the market by expanding a pilot program in Sierra Leone, which is set to help trace the route of precious stones dug up by small miners in the country.The world's largest rough diamond producer by value said Wednesday the decision to scale up its GemFair trial was made to give more artisanal and small-scale miners (A...Read More
Anglo American's De Beers is stepping up efforts to remove conflict diamonds from the market by expanding a pilot program in Sierra Leone, which is set to help trace the route of precious stones dug up by small miners in the country.The world's largest rough diamond producer by value said Wednesday the decision to scale up its GemFair trial was made to give more artisanal and small-scale miners (A...Read More
Alrosa's (MCX:ALRS) International mine produced this month the largest gem-quality diamond seen in the past two years.In a press release, the world's top diamond miner by output revealed that the stone weighs 118.91 carats, displays a light yellow overblown, has salient edges, one of them with cleavage, and has small inclusions in the central zone.The International deposit was first discovered in...Read More
ALX Uranium (TSXV: AL) announced this week that it has signed a binding option agreement with Orano Canada to earn up to a 51% participating interest in the Close Lake uranium project located in the eastern Athabasca Basin area of northern Saskatchewan, Canada.In a media statement, ALX said the execution of the agreement confirms a five-year deal according to which the company has to fund explorat...Read More
ALX Uranium (TSXV: AL) announced this week that it has signed a binding option agreement with Orano Canada to earn up to a 51% participating interest in the Close Lake uranium project located in the eastern Athabasca Basin area of northern Saskatchewan, Canada.In a media statement, ALX said the execution of the agreement confirms a five-year deal according to which the company has to fund explorat...Read More
Prior data on when the SPX tests its previous high Stocks have been on a tear since bottoming last Christmas Eve. The all-time high on the S&P 500 Index (SPX) now looms just overhead. A lot of market technicians see that as potential resistance. In other words, they believe there's an increased chance of a pullback or at the very least a pause in the rally. This week I'm looking at prior instances...Read More
Chile-focused copper miner Antofagasta posted a 22.6 percent jump in first-quarter copper production and maintained its full-year output outlook, despite the possibility that China may ease stimulus measures which could hurt prices.Antofagasta said on Wednesday production in the quarter was bolstered by better quality ore and higher output, mainly at its Centinela mine, and kept its annual output...Read More
Chile-focused copper miner Antofagasta posted a 22.6 percent jump in first-quarter copper production and maintained its full-year output outlook, despite the possibility that China may ease stimulus measures which could hurt prices.Antofagasta said on Wednesday production in the quarter was bolstered by better quality ore and higher output, mainly at its Centinela mine, and kept its annual output...Read More
A video of Santiago Urdinola, head of private firm Minesa and former president of the Colombian Mining Association (ACM), has been leaked on Twitter and Facebook where he is shown saying the only perceptions that matter are those of regulators in Bogot??, not local communities.Urdinola's comments, recorded during an undated company meeting, are in relation to Minesa's application for an environm...Read More
CHEYENNE (AP) - A former gold and copper mining area in Wyoming could get a new lease on life with help from former U.S. Interior Secretary Ryan Zinke, who recentlyRead full newsRead More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans") is pleased to announce Traci Costa, CEO and Founder of Peekaboo Beans, will be presenting today, April 24, 2019 at E-Series Vancouver, hosted by Forum for Women Entrepreneurs.E-Series is a three-day educational program that educates women on the important topics that entrepreneurs in Canada need in...Read More
Three stocks could help investors double their money in 2019.2019 could be a game-changer for investors... Especially those looking to potentially double their money.Those investors now have a simple blueprint to follow for success.Simply put, these three stocks could be the best way to make money in 2019 -- whether the markets are flying high, or sinking like a ship.This free Investor's Report re...Read More
[Editor’s note: This story was originally published in March 2019. It has since been updated and republished.]The stock market’s volatility at the start of 2019 didn’t make me any less bullish on the five cheap stocks profiled in this article, and that mentality has paid off — the Dow Jones is up 13.6% year-to-date. And my penny stock picks? While some are down from their f...Read More
Investing.com - Prices of safe-haven gold failed to sustain early-session gains on Tuesday, after initially rising following news that the U.S. will end Iran sanctions waivers.Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were down 0.2%, at $1,275.45 per ounce by 1:33 AM ET (05:33 GMT).Prices had moved higher earlier after the White House decided...Read More
Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixThe Vancouver-headquartered company that produces coking coal, zinc, co...Read More
Adamas said this week that 104% more nickel was deployed in new passenger EV batteries in February, up 104% year-on-year.Manganese deployment was up by 96% and cobalt deployment was up 87% for the same period."While usage of all three cathode metals saw major gains from February 2018 through February 2019, nickel enjoyed the greatest gains on account of the auto industry's ongoing shift from no or...Read More