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
Diamond miner De Beers sold $575-million of diamonds in its third sales cycle of this year.This was higher than the $496-million of sales recorded in the second sales cycle of this year, as well as the $524-million of sales recorded in the third sales cycle of 2018.Advertisement“As we move into the second quarter of the year, we saw a continuation of stable demand for our rough diamonds,&rdq...Read More
Eastern promise for PolarXSPONSOREDpolarx"Producers have had a positive view for some time as the consensus has been that the world needs new mines, but our analysis is starting to show that deficits are neither as large or as long as peopleRead More
Eastern promise for PolarXSPONSOREDpolarxIn a presentation entitled, 2019: The year of Chilean mining, the minister commented that while copper demand was forecast to increase 2.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 company said it was commenting on its approach "in response to many...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAmong the latest results, it reported 76.6m at 1.35% copper-equivalent, including 33.65m at...Read More
Are you among the almost 80% of parents who provide some financial support to adult children? The amount is a mind-blowing $500 BILLION a year, which is twice what parents put away for retirement. In other words, you may be placing your kids' interest ahead of your own. And that makes it one the biggest threats to your retirement. Plus it could rob them of the experience of learning what it means...Read More
SANTIAGO, CHILE - Mention electric vehicles and copper industry executives' eyes dazzle like the headlights on a Tesla.As electric motors and lithium batteries replace combustion engines, cars, buses and trucks are all going to contain a lot more copper.This is good news for attendees at CESCO Week, the copper industry's annual get together in Santiago. For them, coal mining is consigned to the...Read More
In 2012, A10, a leading Brazilian M&A and private equity firm, used its personal capital and partners' funds to back Sigma Lithium Resources (TSXV: SGMA; US-OTC: SGMLF) and its hard-rock lithium project.A10 took the company public and raised its stake from 72% before the IPO to 75%, the regulatory cap under Brazilian law."We actually bought more stock since we took it public and we haven't sold a...Read More
Quebec miner Stornoway Diamonds on Tuesday announced that it would suspend openpit mining operations at Renard 65, but the move is not expected to impact on its revenue for this year.The company, which transitioned the Renard mine to primarily underground operations in August last year, explained that the current ore stockpiles at Renard 65 were sufficient to maintain its planned contribution to t...Read More
Western Copper and Gold Corporation (TSX:WRN; NYSE American:WRN) ("Western" or the "Company") is pleased to report that the Yukon Government and Little Salmon/Carmacks First Nation have reached an agreement (the "Agreement") for the first section of the Casino Project access road: the proposed Carmacks Bypass.Read full newsRead More
Trump wants interest rate cuts this year. His strategy is simple: Weaken the US dollar ? A weaker US dollar will help US exports and also reduce import ? Higher employment will be there if interest rate cuts are there and the US dollar also weakens. The ultimate goal of all these moves is to get a re-nomination next year and also win next year presidential elections. The fallout of a weaker US d...Read More
Trump wants interest rate cuts this year. His strategy is simple: Weaken the US dollar ? A weaker US dollar will help US exports and also reduce import ? Higher employment will be there if interest rate cuts are there and the US dollar also weakens. The ultimate goal of all these moves is to get a re-nomination next year and also win next year presidential elections. The fallout of a weaker US d...Read More
Stocks extended their short-term uptrend on Friday, as investors' sentiment remained bullish following the monthly jobs data release. The S&P 500 index got closer to its last year's September record high. But will the uptrend continue despite some technical overbought conditions?The U.S. stock market indexes gained 0.2-0.6% on Friday, extending their uptrend, as investors sentiment remained bu...Read More
Gold and palladium were down on Friday as they were pressured by a stronger greenback. Meanwhile, silver and platinum made gains.Read full newsRead More
Silver Spruce Resources (TSXV:SSE) (Frankfort: S6Q1) is pleased to announce that Croesus Gold Corp. announced that it entered a Letter of Intent for a proposed Qualifying Transaction to become listed on the TSXV via reverse takeover.Read full newsRead More
The Dow tanked on Boeing headwindsThe Dow stood no chance against heavyweight Boeing (BA) stock in today's trading, closing 84 points lower after the aerospace giant announced a notable cut to its 737 MAX 8 production. The S&P 500 and Nasdaq showed resilience, though, thanks to Apple's (AAPL) impressive 1.6% surge, with the former bringing its daily win streak to eight -- the longest since October...Read More
Harte Gold Corp. (TSX: HRT) has completed a feasibility study on its Sugar mine, which started commercial production in White River, Ontario, in January.The feasibility study incorporates improvements to the indicated mineral resources and reserves since the preliminary economic assessment was released last year.The study used an 800-tonne-per-day operation as the base case, which resulted in annu...Read More
Harte Gold Corp. (TSX: HRT) has completed a feasibility study on its Sugar mine, which started commercial production in White River, Ontario, in January.The feasibility study incorporates improvements to the indicated mineral resources and reserves since the preliminary economic assessment was released last year.The study used an 800-tonne-per-day operation as the base case, which resulted in annu...Read More
Harte Gold Corp. (TSX: HRT) has completed a feasibility study on its Sugar mine, which started commercial production in White River, Ontario, in January.The feasibility study incorporates improvements to the indicated mineral resources and reserves since the preliminary economic assessment was released last year.The study used an 800-tonne-per-day operation as the base case, which resulted in annu...Read More
Harte Gold Corp. (TSX: HRT) has completed a feasibility study on its Sugar mine, which started commercial production in White River, Ontario, in January.The feasibility study incorporates improvements to the indicated mineral resources and reserves since the preliminary economic assessment was released last year.The study used an 800-tonne-per-day operation as the base case, which resulted in annu...Read More