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 Lalor polymetallic mine near Snow Lake, Manitoba. Source: HudBay Minerals Inc.HudBay Minerals Inc. [HBM-TSX, NYSE] on Tuesday February 26 announced the discovery of a new higher-grade zinc-gold deposit located strategically near the company's operating Lalor Mine 13 km west of Snow Lake, Manitoba.While exploration is still in the early stages, the new discovery has the potential to extend th...Read More
Eagle Gold Mine construction underway in the Yukon. Source: Victoria Gold Corp.Victoria Gold Corp. [VIT-TSXV] needs another $25 million to complete construction at the Eagle gold mine project in the Canadian Yukon. The Eagle Mine is part of the larger Dublin Gulch Project and is expected to rank as the largest hard rock gold mine in the Yukon's history.Victoria Gold shares fell 1.96% or $0.01 to 5...Read More
Clayton Valley, Nevada Lithium ClaystoneCypress Development Corp. [TSX-V: CYP, OTCQB: CYDVF, Frankfurt: C1Z1] ("Cypress" or the "Company") is pleased to report the completion of the first phase of metallurgical testing in the prefeasibility study (PFS) on the Company's 100% held Clayton Valley Lithium Project in Nevada. The testing was successful in confirming the range of parameters used in the...Read More
The Swiss Gemmological Institute SSEF has announced the launch today of GemTrack?,,?, a new service providing expert scientific opinion linking a cut gemstone to the rough stone from which it originated, thus enabling gemmologically the documentation of part of the stone's journey from mine to market. The GemTrack?,,? service involves the combination of crystallographic, structural, chemical...Read More
The company sold 121 rough diamonds with total weight of 1,950 carats. Firms from UAE, India, Belgium, Israel, Hong Kong, Russia and the USA participated in the auction, and 31 firms were recognized as winners in different positions. "ALROSA and Dubai have a longstanding partnership. Since 2014, we have been cooperating with the Dubai Diamond Exchange on industry issues; we have our trading compan...Read More
Business Insider reported that four US retail chains have filed for bankruptcy. They are Payless Shoesource, Charlotte Russe, Gymboree and FullBeauty Brands . "As the US retail industry emerges from one of its worst multi-year default cycles yet, companies are getting ready for a second, though less virulent round among smaller, weaker names," Business Insider quoted a report by Moody's Inves...Read More
The new WJA board members include: Kristyn Beausoleil, national director of partner development, Forevermark; Susan Chandler, chief merchandising officer, Citizen Watch America; Morgan Miller, account executive, Couture Show; Tina Olm, director enterprise business development, Jewelers Mutual Insurance Group; Jacqueline Raffi, vice president of business development (retail and national accounts),...Read More
ALROSA currently has a small market share in the USA. It counts Signet and Tifffany's among its rough diamond clients, but now the firm is aiming at boosting its polioshed sales in what is still the biggest diamond market in the world. In an exclusive interview with Yahoo Finance UK, Rebecca Foerster, the newly appointed head of ALROSA's US operations, said she "doesn't believe the negative headl...Read More
Endomines' golden opportunities to growSPONSOREDendominesThe company intersected high-grade mineralisation including zinc-rich massive sulphides and gold with drilling highlights including 35.6m grading 5.21% zinc, 0.33% copper, 1.37g/t gold and 15.7g/t silver.CEO Alan Hair said the discovery of the new zones within close proximity to the company's existing infrastructure and at shallow depth...Read More
Bezant buzz builds around big projectsSPONSOREDbezant resourcesWhite Gold Corp a major force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithium"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftIts shares shot up about 28% yesterday as it outline...Read More
Back in December, there was an issue where I told you about a surfing accident sent me to the hospital for a weekend. And I said my own experience demonstrated how important it is to fully understand the type of insurance you have before an unexpected event sends you to the ER. Despite a little lingering soreness, I've pretty much fully recovered from the four broken ribs and collapsed lung. I wa...Read More
Alphamin Resources (TSXV: AFM; US-OTC: AFMJF) is nearing production at its Bisie tin project in North Kivu, a province in the eastern region of the Democratic Republic of the Congo (DRC). Alphamin began constructing Bisie in 2017, developing a decline into the project's Mpama North orebody. It hit ore in 2018's third quarter, and by early 2019 had commissioned its crushers. It expects to commissio...Read More
A merger of Newmont Mining (NYSE: NEM) and Barrick Gold (TSX: ABX; NYSE: GOLD) would create over US$7 billion in real synergies, with more than half of them stemming from Nevada, where the two companies have complementary assets, Barrick president and CEO Mark Bristow declared late February, as part of the "industrial logic" behind Barrick's launch of a hostile takeover bid."There have been many u...Read More
Frontier Lithium Inc. (TSXV: FL; US-OTC: HLKMF) is the largest landholder in northwestern Ontario's emerging Electric Avenue lithium district. Frontier tabled a prefeasibility study (PFS) in March 2018 for its PAK lithium deposit, located on the Electric Avenue, and is continuing to show the district's potential with its latest discovery, the Spark pegmatite."The vision is that the PAK project wil...Read More
Eastern promise for PolarXSPONSOREDpolarxMany are seeking to take advantage of the Prospectors and Developers Association Conference (PDAC) in Toronto to position themselves and make investors aware of the changes they are making to makeRead More
For the first time since the Cuban Missile Crisis, the ludicrously pointless Doomsday Clock may actually be pretty close to being right.I get the point of the clock, I just really hate the forced symbolism and the seemingly arbitrary movements of it.For example, the clock is now at "two minutes to midnight," a level it hit when hydrogen bombs were invented.During the Cuban Missile Crisis, when we...Read More
On the TSXV last week, Goldbank Mining, AXMIN, Noble Mineral Exploration, Lorraine Copper and Barsele Minerals led the way.Read full newsRead More
Canada's S&P/TSX Composite Index opened 46.11 points higher on Friday at 16,046.97, marking a four-month high for the index.Read full newsRead More
U.S. stocks came off earlier highs but still closed higher Monday after President Donald Trump tweeted that he would delay additional China tariffs, and that there had been "substantial progress" in trade talks over the weekend. How did stock indexes fare? The Dow Jones Industrial Average DJIA, -0.13% rose 60.14 points, or 0.2%, to 26,091.95. The S&P 500 index SPX, -0.08% gained 3.44 points, o...Read More
Custom screen panels at Bell Creek - Image from PolydeckTahoe Resources' Bell Creek gold mine and processing facility in Ontario was experiencing severe blinding from fibrous blasting residue on their trash circuit screens. This blinding resulted in increased downtime for manual screen cleaning, poor dewatering which reduced throughput, and a need for a secondary screen.Polydeck Mining Project Man...Read More