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
The former Nanticoke Generating Station site, located on the northern shore of Lake Erie, has been transformed into a 44-megawatt clean energy facility that hosts 192,431 solar panels across 260 acres.The project has just been completed by PCL Construction, a company that was commissioned to design, engineer and build it, as well as supply the photovoltaic solar panels and racking system. Behind t...Read More
The former Nanticoke Generating Station site, located on the northern shore of Lake Erie, has been transformed into a 44-megawatt clean energy facility that hosts 192,431 solar panels across 260 acres.The project has just been completed by PCL Construction, a company that was commissioned to design, engineer and build it, as well as supply the photovoltaic solar panels and racking system. Behind t...Read More
ArcWest Exploration (TSXV: AWX) closed today the 100% acquisition of the Sparrowhawk property near Smithers, in the western Canadian province of British Columbia.In a press release, the Vancouver-based miner explained that it decided to go ahead with the purchase because the property is adjacent to two significant porphyry copper-gold deposits, including Glencore Canada's Bell and Granisle mines a...Read More
ArcWest Exploration (TSXV: AWX) closed today the 100% acquisition of the Sparrowhawk property near Smithers, in the western Canadian province of British Columbia.In a press release, the Vancouver-based miner explained that it decided to go ahead with the purchase because the property is adjacent to two significant porphyry copper-gold deposits, including Glencore Canada's Bell and Granisle mines a...Read More
ArcWest Exploration (TSXV: AWX) closed today the 100% acquisition of the Sparrowhawk property near Smithers, in the western Canadian province of British Columbia.In a press release, the Vancouver-based miner explained that it decided to go ahead with the purchase because the property is adjacent to two significant porphyry copper-gold deposits, including Glencore Canada's Bell and Granisle mines a...Read More
ArcWest Exploration (TSXV: AWX) closed today the 100% acquisition of the Sparrowhawk property near Smithers, in the western Canadian province of British Columbia.In a press release, the Vancouver-based miner explained that it decided to go ahead with the purchase because the property is adjacent to two significant porphyry copper-gold deposits, including Glencore Canada's Bell and Granisle mines a...Read More
Canada's Pure Gold Mining (TSX-V: PGM) expects to begin trading on the main market of the London Stock Exchange this quarter and so lift its international profile ahead of its transition to producer from developer.The Vancouver-based company said it doesn't intend raising capital in conjunction with the admission of its shares.Listing seeks lifting Pure Gold's international profile ahead of its tr...Read More
Canada's Pure Gold Mining (TSX-V: PGM) expects to begin trading on the main market of the London Stock Exchange this quarter and so lift its international profile ahead of its transition to producer from developer.The Vancouver-based company said it doesn't intend raising capital in conjunction with the admission of its shares.Listing seeks lifting Pure Gold's international profile ahead of its tr...Read More
Brazilian mining giant Vale (NYSE:VALE) has been denied stability certificates for at least 17 dams and dikes after the licences expired on March 31, as a result of an ongoing review of the miner's operations in the country following the January dam disaster at its C??rrego do Feij??o mine, which killed hundreds.The loss of certificates will not require additional evacuations around structures...Read More
Bond yields are crashing in major markets all around the world as there are fears of a global economic slowdown. Read for details.Read full newsRead More
Condor Gold (LON:CNR) said Monday that recent metallurgical test work on samples taken from its 100%-owned La India gold project in Nicaragua had confirmed 95.4% gold recovery in laboratory conditions.The gold recoveries, said the miner, are far better than the ones found during tests carried out in 2014, for preliminary feasibility study, which used material from drill core from the La India and...Read More
Condor Gold (LON:CNR) said Monday that recent metallurgical test work on samples taken from its 100%-owned La India gold project in Nicaragua had confirmed 95.4% gold recovery in laboratory conditions.The gold recoveries, said the miner, are far better than the ones found during tests carried out in 2014, for preliminary feasibility study, which used material from drill core from the La India and...Read More
Condor Gold (LON:CNR) said Monday that recent metallurgical test work on samples taken from its 100%-owned La India gold project in Nicaragua had confirmed 95.4% gold recovery in laboratory conditions.The gold recoveries, said the miner, are far better than the ones found during tests carried out in 2014, for preliminary feasibility study, which used material from drill core from the La India and...Read More
Eldorado Gold (TSX:ELD)(NYSE:EGO) has kicked off commercial production at its Lamaque mine located in Quebec, the company's first operation in the home country, expected to produce between 100,000-110,000 ounces of gold this year.Lamaque underground gold mine in Val d'Or, Quebec, is expected to produce up to 135,000 ounces of the precious metal a year in 2020 and 2021.Lamaque, which the Vancouver-...Read More
Eldorado Gold (TSX:ELD)(NYSE:EGO) has kicked off commercial production at its Lamaque mine located in Quebec, the company's first operation in the home country, expected to produce between 100,000-110,000 ounces of gold this year.Lamaque underground gold mine in Val d'Or, Quebec, is expected to produce up to 135,000 ounces of the precious metal a year in 2020 and 2021.Lamaque, which the Vancouver-...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans") has entered into a consulting agreement with iCap Ventures Inc. for services related to financial and operational analysis, the review of strategic opportunities, the examination of sources of financing and recommendations related to future capital requirements, and general guidance to the company's...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy"), is pleased to announce assay result for drill holes LE19-09, LE19-10 and LE19-11. The highlight is drill hole LE19-09, which intersected 4.5m of 4.2% U3O8, including 2.0m of 6.8% U3O8. Drill hole LE19-09 was collared 30 metres to the west of drill hole LE18-01A, the original Hurricane zone discovery dr...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce it has received its first purchase order from a Tier 1 US Cellular Carrier, for its flagship Uniden (R) UV350 marking a significant milestone for the Company both as an official vendor to the carrier and receiving its first order from a major United States customer.The Unid...Read More
Peninsula Energy Ltd (ASX:PEN) has achieved successful outcomes from the mining phase of a low pH uranium production field demonstration at its Lance Projects in the US state of Wyoming.A key objective of the mining phase was to lower the local mining zone pH to the targeted level of around 2.0 standard units (SU) without compromising the ability to move lixiviant through the mining zone.This tech...Read More
Beowulf said on Monday it would double its holding in the company to 31.3% and raise £750,000 at 5.5p, a 21% discount to the previous closing price.The announcement sent its share price down 14% to 6p.CEO Kurt Budge said the capital raise was needed to keep the company's diversification plan going as it struggles to get a licence for its iron ore project in Sweden."Given the current adverse...Read More