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
Brazil's new right-wing government, led by former army captain Jair Bolsonaro, is going ahead with announced changes to current mining regulations, which include a controversial plan to open up indigenous reserves to mining.Most of the country's original population lives in the Amazon rainforest, which has an ecosystem seen by many as having worldwide ecological importance. Speaking at an event in...Read More
Brazil's new right-wing government, led by former army captain Jair Bolsonaro, is going ahead with announced changes to current mining regulations, which include a controversial plan to open up indigenous reserves to mining.Most of the country's original population lives in the Amazon rainforest, which has an ecosystem seen by many as having worldwide ecological importance. Speaking at an event in...Read More
Artificial intelligence may revolutionize trading.Sometimes watching the market can feel like riding a roller coaster.Many investors feel glued to the news, watching the market rise and fall hundreds of points, day after day, week after week.But savvy traders know these market conditions mean huge profit potential for anyone that knows how to trade them.And one "secret" that more and more traders...Read More
Etruscus Resources (CSE: ETR) and the Tahltan Central Government (TCG) signed this week a Communications Agreement regarding the Rock & Roll property, which is located in British Columbia's Golden Triangle and within Tahltan territory.The 5,309-hectare property, which has been explored since the late 1800s, is 100% owned by Etruscus. A 2018 NI 43-101 compliant inferred resource estimates the resou...Read More
Etruscus Resources (CSE: ETR) and the Tahltan Central Government (TCG) signed this week a Communications Agreement regarding the Rock & Roll property, which is located in British Columbia's Golden Triangle and within Tahltan territory.The 5,309-hectare property, which has been explored since the late 1800s, is 100% owned by Etruscus. A 2018 NI 43-101 compliant inferred resource estimates the resou...Read More
Etruscus Resources (CSE: ETR) and the Tahltan Central Government (TCG) signed this week a Communications Agreement regarding the Rock & Roll property, which is located in British Columbia's Golden Triangle and within Tahltan territory.The 5,309-hectare property, which has been explored since the late 1800s, is 100% owned by Etruscus. A 2018 NI 43-101 compliant inferred resource estimates the resou...Read More
It was a busy week for Canada's Great Panther (TSX: GPR). The Vancouver-based miner not only completed the buyout of Beadell Resources but it also changed its name to Great Panther Mining Limited.To be able to go ahead with these transactions, Great Panther acquired 100% of the issued and outstanding shares of Beadell through the issuance of 103,593,043 Great Panther shares to Beadell shareholders...Read More
China's Tianqi Lithium, the world's No.3 producer of the metal used in electric vehicle batteries, will appoint three members to the board of Chile's Chemical and Mining Society (SQM), as it recently acquired almost a quarter of the company.The Chengdu-based producer said the chosen executives will be "fair" and "responsible toward shareholders", adding their names will be announced in April.Tian...Read More
On March 4, 2019, Newmont Mining Corp. (NYSE: NEM), one of the largest gold mining companies, rejected the unsolicited, hostile takeover bid from Barrick Gold (NYSE: GOLD), and in turn proposed a joint-venture with Barrick for its Nevada operations. In February 2019, Barrick Gold had offered to ...Read full newsRead More
Tanzania has given Barrick Gold-subsidiary Acacia Mining (LON:ACA) until March 30 to stop waste water pollution at its North Mara mine or face a shutdown, but the country's No.1 gold producer said Friday a brief spill affecting the operation has already been halted.The miner says the spill happened because sections of a pipeline used to carry water to a tailings storage facility were either vanda...Read More
Tanzania has given Barrick Gold-subsidiary Acacia Mining (LON:ACA) until March 30 to stop waste water pollution at its North Mara mine or face a shutdown, but the country's No.1 gold producer said Friday a brief spill affecting the operation has already been halted.The miner says the spill happened because sections of a pipeline used to carry water to a tailings storage facility were either vanda...Read More
Tanzania has given Barrick Gold-subsidiary Acacia Mining (LON:ACA) until March 30 to stop waste water pollution at its North Mara mine or face a shutdown, but the country's No.1 gold producer said Friday a brief spill affecting the operation has already been halted.The miner says the spill happened because sections of a pipeline used to carry water to a tailings storage facility were either vanda...Read More
Would you believe that March and April, historically, shows a 2 to 1 statistical probability of NG moving higher. Each of these months shows, historically, that NG has a strong potential for at least a $1.00 upside price move in both March and April. Only 1/3 of the historically testing time (23 years) did the price of NG actually decrease.How do we know this? We've built proprietary price m...Read More
As Lion One moves forward with getting its low-cost, fully permitted Fiji gold mine into production, Dr. Quinton Hennigh joins the team as an advisor.Read full newsRead More
Part 2 In gold exploration, high-grade discoveries excite the market. This is because retail investors expect a high-grade deposit, if it ever becomes a mine, to be more profitable. But a closer look at high margin projects shows that high grade isn't always king. In the first part of this series, we drilled down, pun ...Read full newsRead More
Part 2 In gold exploration, high-grade discoveries excite the market. This is because retail investors expect a high-grade deposit, if it ever becomes a mine, to be more profitable. But a closer look at high margin projects shows that high grade isn't always king. In the first part of this series, we drilled down, pun ...Read full newsRead More
The price of copper slid back again on Friday after trade data showed a plunge in Chinese imports of refined metal, even as concentrate shipments set fresh highs.Copper for delivery in May hit a low of $2.89 per pound ($6,370 a tonne) in overnight trading on the Comex market in New York, down from just shy of the $3.00 mark reached a week ago.China consumes half the world's copper, and trade data...Read More
First Vanadium (TSXV: FVAN; US-OTC: FVANF) has calculated a new and improved resource estimate for its 4.6 sq. km Carlin vanadium project, 10 km south of Elko, Nevada. The project lies in the Carlin gold trend, a 20-minute drive from the town of Carlin.The new resource estimate replaces and upgrades one from 2010.The project now contains 24.16 million indicated tonnes grading 0.615% V2O5 for 303 m...Read More
While some of the big miners were promoting messages of female empowerment for International Women's Day, the numbers show they fall well behind other global businesses in representation at the top.Only BHP beats the 29% average for FTSE 100 companies' proportion of female directors (non-executive or executive), with a third of its nine-member board women. The Big Australian also recently pro...Read More
There was no change to the composition of miners in the ASX 100 or 200, but five miners were added to the ASX 300.They were growing gold miners Ramelius Resources and Silver Lake Resources, high-grade producer Mount Gibson Iron, uranium play Paladin Energy and contractor Macmahon Holdings.Paladin was also added to the All Ordinaries.Also making the All Ords was newly listed Coronado Global Resourc...Read More