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
Lithium is set to soar - and leave investors pocking huge profits.Even with all the headlines and controversy surrounding Tesla founder Elon Musk, recent research shows that even bad press can't stop the momentum of a huge component that makes Tesla what it is today.In fact, Tesla merely helped highlight how completely critical lithium is in today's increasingly-technological world... and how scar...Read More
Vanadium producer Bushveld Minerals' (LON:BMN) revenue and earnings soared in 2018, the company said Wednesday, despite slightly missing production guidance due to repair work in the fourth quarter.Revenue for the miner, which owns the Vametco, Brits, and Mokopane projects in South Africa, jumped to $192.2 million, significantly more than the $79.2 million recorded in 2017.Profits from the miner'...Read More
GoviEx Uranium (TSXV: GXU) is studying the possibility of powering its flagship Madaouela project in northern Niger using a dedicated and renewable hybrid solar power solution.GoviEx management is working with Windiga Energy and the companies have signed a memorandum of understanding to determine if the idea is feasible.Windiga is Canadian energy developer focused on building, owning and operating...Read More
GoviEx Uranium (TSXV: GXU) is studying the possibility of powering its flagship Madaouela project in northern Niger using a dedicated and renewable hybrid solar power solution.GoviEx management is working with Windiga Energy and the companies have signed a memorandum of understanding to determine if the idea is feasible.Windiga is Canadian energy developer focused on building, owning and operating...Read More
Nickel prices hit theirstrongest in around three months on Wednesday, as the co...Read full newsRead More
A United Nations report published Wednesday says Danakali's (ASX, LON:DNK) Colluli potash project has the potential to boost the economy of Eritrea, a country that until two months ago was on the UN's sanctions list.The independent study, commissioned and funded by the UN Development Program (UNDP), assesses a wide range of econometric data and includes findings from talks with Eritrean government...Read More
A United Nations report published Wednesday says Danakali's (ASX, LON:DNK) Colluli potash project has the potential to boost the economy of Eritrea, a country that until two months ago was on the UN's sanctions list.The independent study, commissioned and funded by the UN Development Program (UNDP), assesses a wide range of econometric data and includes findings from talks with Eritrean government...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce a significant decrease in spend as a result of the Company's new omni-channel business model.Retail trends have pushed businesses to appeal to the millennial shopper through an online presence, which powered Peekaboo Beans' shift from direct sales to omni-channel model. The...Read More
Fortune Minerals (TSX: FT) (OTCQX: FTMDF), the company behind what could become Canada's first primary cobalt mine, has signed a socio-economic agreement with the government of the Northwest Territories (N.W.T.) in which it commits to hire and spend locally.The 48-page document sets out targets for jobs, spending, education, and training in the Territories as the NICO cobalt, bismuth, gold, and c...Read More
Fortune Minerals (TSX: FT) (OTCQX: FTMDF), the company behind what could become Canada's first primary cobalt mine, has signed a socio-economic agreement with the government of the Northwest Territories (N.W.T.) in which it commits to hire and spend locally.The 48-page document sets out targets for jobs, spending, education, and training in the Territories as the NICO cobalt, bismuth, gold, and c...Read More
Fortune Minerals (TSX: FT) (OTCQX: FTMDF), the company behind what could become Canada's first primary cobalt mine, has signed a socio-economic agreement with the government of the Northwest Territories (N.W.T.) in which it commits to hire and spend locally.The 48-page document sets out targets for jobs, spending, education, and training in the Territories as the NICO cobalt, bismuth, gold, and c...Read More
"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningThe project ranks among the biggest undeveloped copper-gold-molybdenum deposits in the world and has collectivel...Read More
Bannerman Resources Ltd (ASX:BMN) (OTCMKTS:BNNLF) expects RC drilling results back from a campaign near its proposed Etango uranium processing plant in Namibia this quarter as the company continues to progress an update to the definitive feasibility study for its flagship project.The company that regularly has its share price track with the uranium price, posted its quarterly reports to market tod...Read More
The death toll has reached 84, with another 276 still missing.Brazil has arrested five people following the TSF wall breaking and spilling waste over the Corrego do Feijão iron ore mine and surrounding areas, three of whom worked for Vale and had been involved in signing of the structural integrity of the dam.The company said on Tuesday it would give each victim's family US$26,000.Vale's pr...Read More
(IDEX Online) - ALROSA has expanded its long-term customer list in 2019 within its 2018-2020 three-year contract period. Six customers who, from the beginning of 2018, were ALROSA ALLIANCE participants and candidates for the possible signing of long-term agreements obtained long-term customer status. Chow Sang Sang Jewelery (China), Kapu Gems (India), Mohit Diamonds (India), VD Global (Indi...Read More
(IDEX Online) - Lucara Diamond Corp. has recovered a 240-carat, top-white gem diamond from its 100% owned Karowe Diamond Mine located in Botswana. This diamond will be shown alongside the 127 carat, top white gem diamond reported earlier this year together with other exceptional diamonds recently recovered from Karowe, at Lucara's upcoming diamond tender closing on March 7. Since mini...Read More
(IDEX Online) - ALROSA will receive the Diamonds Do Good Community Stewardship Award while the Luxury Jewelers Resource Group will receive the Diamonds Do Good Community Building Award, the Diamond Empowerment Fund has announced. The awards will be presented at the Venetian Hotel in Las Vegas on May 30. ALROSA: Diamonds Do Good Community Stewardship Award The world's leading diamond mining...Read More
All holes encountered significant mineralisation with the most notable results being along the northern margin of drilling completed to date. Highlights included 236.35m grading 0.53% copper, 0.63g/t gold and 12.09g/t silver from 87.55m depth. This hole intercepted high-sulphidation epithermal and skarn with overprint of carbonate base metal intermediate sulphidation veining."The AntaKori project...Read More
The company said the future viability of the mine required an adjustment to "how we are organised, how we work and the technology that we use to improve our efficiency and productivity". Los Bronces has about 6,970 workers including contractors.The news comes as the company prepares to file an environmental impact assessment in March for an underground expansion project that will require an invest...Read More
"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningIt said it had intersected "a continuous potassic alteration facies as host to numerous granite dykes with coppe...Read More