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
Machine Learning drives exciting new feature for PitramSPONSOREDmicromineGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningMining Journal asked Benchmark's senior analyst Any Miller whether this could be construed as the jurisdiction getting serious about its role in th...Read More
Anglo Asian Mining is aiming for 82,000-86,000oz gold-equivalent, up from the previous year's guidance of 78,000-84,000oz and actual 2018 output of 83,736oz.This is expected to be split between 65,000-67,500oz of gold and 3,100-3,300 tonnes of copper, up from the 72,798oz and 1,645t produced in 2018, respectively.Anglo Asian attributed the higher copper forecast to 2019 being the first full year o...Read More
Alderan unlocking Frisco potentialSPONSOREDalderan resources"This is an important milestone for the project because we are now demonstrating the real potential of a larger resource at Marimaca," CEO Luis Tondo, told Mining Journal.Read More
"Dog whistles," Jim Rickards calls them.Through these signals, in frequencies beyond the normal hearing... elites communicate with each other.The messages themselves are not in fact silent - they are audible to anyone with open ears.But open ears are not necessarily knowing ears…Only the intended audience can penetrate their true meaning.That audience is their fellow elites and policymakers....Read More
Sambo Mining is the main supplier of dolomite in South Korea, selling the product to the Asian steelmakers. In 2017, the production of -30mm end-product grew close to 100,000 tonnes to total of 800,000 tonnes a year. Of this, 200,00 tonnes of premium light-burnt dolomite (LBD) was produced for POSCO, one the largest steelmaking companies of the world, in addition to same amount of regular dolomite...Read More
Mining firm Dalradian tells a court it rejects claims that a community consultation was flawed.Read full newsRead More
McEwen Mining Inc. (MUX) (MUX.TO) is pleased to report that construction of the Gold Bar Mine in Nevada's prolific Battle Mountain-Cortez Trend is nearing completion, just 14 months after breaking ground in November 2017.The project is tracking on our original capital cost estimate of $81.4 millionRead full newsRead More
Market for lithium-ion batteries, utilized for example in electric cars and other electric equipment, is growing at an impressive annual rate of 20 percent. Due to increasing demand, a vital raw material for these batteries, lithium, is possibly one of the most valuable minerals in the foreseeable future. But what is the best place to look for the "white petroleum"?There are two notable sources. T...Read More
Lead prices may get a boost as environmental crackdowns on smelters in China cur...Read full newsRead More
Lead prices may get a boost as environmental crackdowns on smelters in China cur...Read full newsRead More
As mining companies continue to advance their digital transformation strategies, the ability for different systems to integrate and share data with one another has become a critical success factor. Integration has been a key theme for the METS sector in recent times and it will continue to be a focus for the industry in 2019.MICROMINE places a strong emphasis on integration and ensuring its softwa...Read More
Anthony Makuch, president and CEO of Kirkland Lake Gold, discusses progress at the company's high-grade Fosterville mine in Australia.Read full newsRead More
Anthony Makuch, president and CEO of Kirkland Lake Gold, discusses progress at the company's high-grade Fosterville mine in Australia.Read full newsRead More
The S&P's win streak came to an end at five daysThe S&P 500, Dow, and Nasdaq all briefly flirted with positive territory today, but ultimately closed in the red. As such, the S&P ended a five-day win streak, while the Dow's own streak was snapped at three straight. On top of earnings from names like General Motors (GM) and Snap (SNAP), traders were also greeted with trade buzz early on, after Trea...Read More
These three names are making big moves in today's tradingAmid a relatively muted session for the broader equities market, several individual stocks are making big moves, including Apple supplier Skyworks Solutions Inc (NASDAQ:SWKS), "Call of Duty" creator Activision Blizzard, Inc. (NASDAQ:ATVI), and music streaming service Spotify Technology SA (NYSE:SPOT). Here's a quick look at what's moving the...Read More
Dr. Moises Ronald V??zquez Caicedo Ayras, president of the Universidad Nacional del Centro del Peru (UNCP) and Douglas Morrison, president and CEO of the Centre for Excellence in Mining Innovation (CEMI) are taking the first steps in developing a partnership to advance mining innovation in technology and knowledge transfer, demonstration projects, as well as skills development for students, fac...Read More
The Association for Mineral Exploration's 2019 Roundup conference concluded on Thursday, January 31, wrapping up a week of exciting announcements in support of the industry from the provincial and federal governments. This included the provincial government's decision to make both the Mining Flow-Through Share tax credit and the B.C. Mining Exploration Tax Credit permanent incentives to support in...Read More
Fremont Gold (TSXV:FRE) (Read full newsRead More
A technical signal is threatening to send CCL stock even lowerThe shares of Carnival Corp (NYSE:CCL) have rallied off their Dec. 26 two-year low of $45.64 -- up nearly 29% since this bottom -- and recently closed their Dec. 20 post-earnings bear gap. However, the stock has sounded a historically bearish signal amid its rebound -- a sign that could suggests CLL could be headed for choppy waters. T...Read More
Gold futures settle lower Wednesday for a fourth straight session, but market bulls continue to expect global growth worries to keep a floor under the yellow metal. Gold for April delivery GCJ9, -0.27% on Comex lost $4.80, or 0.4%, to settle at $1,314.40 an ounce, following modest losses in each of the past three sessions. Prices settled at their lowest in a week. March silver SIH9, -0.20% decli...Read More