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
Toronto-based Palamina Corp. (TSXV: PA) took one step forward regarding its 100%-owned Coasa gold project by submitting, this week, an Environmental Impact Declaration (DIA in Spanish) to the Peruvian Ministry of Energy and Mines. Such a declaration is the primary environmental permit required prior to drilling.The 17,200-hectare Coasa project is located in the Puno region of southeastern Peru and...Read More
It's not easy for most investors to get excited about potash, a fertiliser - and less so about Eritrea, a north African country which spent years on a United Nations sanctions list.But times do change and there is a small company poised to benefit from growing global fertilizer demand and the international rehabilitation of Eritrea.Continue reading ...Read More
Canadian precious metals producer McEwen Mining (TSX, NYSE: MUX) on Tuesday posted 2018 production results that exceeded expectations, with gold equivalent output climbing 15% from 152,329 ounces in 2017 to 175,561 ounces last year.Full-year production included 135,124 ounces of gold, up 23% when compared to the previous year, and 3.03 million ounces of silver, or 4.5% less than in 2017.Output at...Read More
Canadian precious metals producer McEwen Mining (TSX, NYSE: MUX) on Tuesday posted 2018 production results that exceeded expectations, with gold equivalent output climbing 15% from 152,329 ounces in 2017 to 175,561 ounces last year.Full-year production included 135,124 ounces of gold, up 23% when compared to the previous year, and 3.03 million ounces of silver, or 4.5% less than in 2017.Output at...Read More
Canada's IDM Mining (TSX-V:IDM), which is in the process of being absorbed by fellow miner Ascot Resources (TSX-V:AOT), can now start building its flagship Red Mountain gold and silver mine near Stewart, British Columbia, as it has received the federal government's environmental approval.Environment and Climate Change Minister Catherine McKenna said late on Monday that the proposed mine was not...Read More
Canada's IDM Mining (TSX-V:IDM), which is in the process of being absorbed by fellow miner Ascot Resources (TSX-V:AOT), can now start building its flagship Red Mountain gold and silver mine near Stewart, British Columbia, as it has received the federal government's environmental approval.Environment and Climate Change Minister Catherine McKenna said late on Monday that the proposed mine was not...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce that Ms. Sarah Bundy has been appointed to the Board of Directors of the Company. Ms. Bundy is an award-winning business and digital marketing thought leader, ranked in the Top 40 Under 40, Top 100 Fastest Growing Companies in Canada, Top 100 Female Entrepreneurs in Canada a...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy") is pleased to announce that it has commenced a program of follow-up core drilling targeting extensions of the newly discovered Hurricane zone uranium mineralization at its 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan.Drilling Program Mobilization Highligh...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), today announced preliminary and unaudited revenue estimates for the quarter ended December 31, 2018 ("Q4") and fiscal year ending December 31, 2018 ("FY2018"). On January 9, 2018 the Company changed its fiscal year-end from February 28 to December 31. As required in such cases, Q4 and FY2018 are being com...Read More
Investing.com - Gold prices edged up on Monday in Asia while the U.S. dollar was little changed as investors await further news on additional rate hikes in the coming months.Gold futures edged up 0.2% at $1,292.25 on the Comex division of the New York Mercantile Exchange by 1:09 AM ET (06:09 GMT).The U.S. dollar index that tracks the greenback against a basket of other currencies slipped 0.07% to...Read More
As one of the largest uranium miners in the world, Cameco Corp (TSX:CCO)(NYSE:CCJ) draws plenty of attention from potential investors. Uranium is, after all, a commodity that is slated to see higher demand in the next few years as a growing number of countries worldwide turn back to nuclear power as a cleaner and quicker way to power booming infrastructure growth.But does this make Cameco a good i...Read More
Piss poor performance for conference host Mr. Katusa considering he charges $3495 USD a year for his subscription service. All three of his picks mentioned at the show were significantly in the red over the last year.The competition was between Marin Katusa, Frank Holmes, and Rick Rule (winner).Only 2 out of the 8 picks given finished in the green.I hope someone holds Marin and Frank accountable a...Read More
Glencore has been hit by corruption investigations and the "high discounting of the coal and African copper business units", Bernstein analyst Paul Gait said.Read More
Rob McLeod, President and CEO of IDM Mining, shows off the 10 g/t gold mineralization underground at the Red Mountain Project, northwest B.C. Photo by Ellsworth Dickson.IDM Mining Ltd. [IDM-TSXV; IDMMF-OTCQB] said Tuesday January 15 that the Canadian Environmental Assessment Agency has issued a positive decision statement for the company's Red Mountain underground gold project near Stewart, northw...Read More
The Transition Metals Highland Gold Project in Cape Breton, Nova Scotia. Source: Transition Metals Corp.Transition Metals Corp. [XTM-TSXV; TNTMF-OTC] shares rallied Tuesday January 15 after the company released new assay results from its Highland Gold Project in Cape Breton, Nova Scotia.Highlights from a rotary air blast drilling program include 9.14 metres, grading 23.22 g/t gold, the company sai...Read More
Full Article: Eccles Prison Blues - The Big SqueezeBy: Gary ChristensenMiles Franklin sponsored this article by Gary Christenson, the deviant investor.Johnny Cash sang "Folsom Prison Blues" in 1957. The first verse is:Full Article: Eccles Prison Blues - The Big SqueezeBy: Gary ChristensenDisclaimer (C) 2010 Junior Gold Report and TechMoney360Junior Gold Report and TechMoney360 Newsletter: Jun...Read More
Piss poor performance for conference host Mr. Katusa considering he charges $3495 USD a year for his subscription service. All three of his picks mentioned at the show were significantly in the red over the last year.The competition was between Marin Katusa, Frank Holmes, and Rick Rule (winner).Only 2 out of the 8 picks given finished in the green.I hope someone holds Marin and Frank accountable a...Read More
(IDEX Online) - The Board of Directors of CIBJO, the World Jewellery Confederation, has approved the first edition of the Responsible Sourcing Book, which provides a framework and guidance for due diligence related to the responsible sourcing of gemstones and precious metals in the jewelry sector. It becomes the latest in CIBJO's Blue Book series of definitive industry guides for stan...Read More
ASX-listed Newfield Resources is, along with its technical partners PPM, SRK Consulting and Datamine, nearing completion of the front-end engineering design study for its Tongo diamond project, in Sierra Leone.The outcome of the study is expected to be released in the first quarter of this year.AdvertisementMoreover, final mine optimisation is ongoing and is set to be completed shortly.Newfield ha...Read More
(IDEX Online) - ALROSA has announced it is launching operations in Zimbabwe following a visit to Moscow by President Emmerson Mnangagwa. With the support of the Zimbabwe government, ALROSA will develop new mining operations in the country. "Today we see opportunities for a new stage of our partnership," said ALROSA CEO Sergey Ivanov. "We are ready to develop new joint projects for...Read More