The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
MAX Resource (TSXV: MXR) announced this week that it was able to secure 100% of the 89 mineral applications it is aspiring to develop in western Colombia.The applications cover a total area of 1,757 square kilometres and are located within the Choc?? department, approximately 100 kilometres southwest of the city of Medell?-n. Of the 89 claims, 63 occupy 1,270 square kilometres, and are collectivel...Read More
MAX Resource (TSXV: MXR) announced this week that it was able to secure 100% of the 89 mineral applications it is aspiring to develop in western Colombia.The applications cover a total area of 1,757 square kilometres and are located within the Choc?? department, approximately 100 kilometres southwest of the city of Medell?-n. Of the 89 claims, 63 occupy 1,270 square kilometres, and are collectivel...Read More
Canadian gold producer Pretium Resources (TSX, NYSE: PVG) said output at its Brucejack underground mine in British Columbia fell just shy of fourth quarter and full-year production guidance.In the last three months of 2018, the Vancouver miner generated 96,342 ounces of gold, resulting in the mine producing nearly 189,000 ounces of the precious metal for the second half of the year, or 95% of Pre...Read More
Canadian gold producer Pretium Resources (TSX, NYSE: PVG) said output at its Brucejack underground mine in British Columbia fell just shy of fourth quarter and full-year production guidance.In the last three months of 2018, the Vancouver miner generated 96,342 ounces of gold, resulting in the mine producing nearly 189,000 ounces of the precious metal for the second half of the year, or 95% of Pre...Read More
Canadian gold producer Pretium Resources (TSX, NYSE: PVG) said output at its Brucejack underground mine in British Columbia fell just shy of fourth quarter and full-year production guidance.In the last three months of 2018, the Vancouver miner generated 96,342 ounces of gold, resulting in the mine producing nearly 189,000 ounces of the precious metal for the second half of the year, or 95% of Pre...Read More
Ascot Resources (CVE: AOT) announced this week that it has entered into a definitive arrangement to acquire all of the issued and outstanding common shares of IDM Mining.In a press release, the Vancouver-based miner said that the goal behind the proposed acquisition is to create a prominent BC gold exploration/development company. The pro forma company would own two advance-stage high-grade gold...Read More
Ascot Resources (CVE: AOT) announced this week that it has entered into a definitive arrangement to acquire all of the issued and outstanding common shares of IDM Mining.In a press release, the Vancouver-based miner said that the goal behind the proposed acquisition is to create a prominent BC gold exploration/development company. The pro forma company would own two advance-stage high-grade gold...Read More
Sibanye-Stillwater said on Thursday its bullion output in 2018 would be lower than forecast after almost half of the employees downed tools since mid-November in a wage strike that has killed four employees at its South African gold operations.The miner said it expected 2018 production to come in at 1.1 million ounces compared with a guidance of between 1.13 million ounces and 1.16 million ounces,...Read More
Sibanye-Stillwater said on Thursday its bullion output in 2018 would be lower than forecast after almost half of the employees downed tools since mid-November in a wage strike that has killed four employees at its South African gold operations.The miner said it expected 2018 production to come in at 1.1 million ounces compared with a guidance of between 1.13 million ounces and 1.16 million ounces,...Read More
Acacia Mining (LON:ACA), the Tanzanian gold producer dealing with an ongoing dispute with the country's administration, received a fresh blow on Thursday from the country's government, which fined the miner 300 million Tanzanian shillings (about $129,144) over allegations of breaching environmental rules by its North Mara operation.The company noted it has not yet received any supporting reports...Read More
Acacia Mining (LON:ACA), the Tanzanian gold producer dealing with an ongoing dispute with the country's administration, received a fresh blow on Thursday from the country's government, which fined the miner 300 million Tanzanian shillings (about $129,144) over allegations of breaching environmental rules by its North Mara operation.The company noted it has not yet received any supporting reports...Read More
Acacia Mining (LON:ACA), the Tanzanian gold producer dealing with an ongoing dispute with the country's administration, received a fresh blow on Thursday from the country's government, which fined the miner 300 million Tanzanian shillings (about $129,144) over allegations of breaching environmental rules by its North Mara operation.The company noted it has not yet received any supporting reports...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe Toronto-based company said the step was part one of a staged expansion plan outlined in a July 2018 preliminary economic assessment aimed at increasing the production rate to 5,000t/d by 2020.Installation of a refurbished mill, a 1,250kv electrical substation, secondary crusher and a hydrocyclone cluster that allows f...Read More
Silvercrest Metals (TSXV: SIL; NYSE: SILV) continues cutting high grade mineralization at its Las Chispas silver property in Sonora, Mexico.The latest results from a phase three infill drill program at the property included 9.3 metres grading 39.66 grams gold and 3,361 grams silver, or 6,336 grams silver equivalent, from 194 metres downhole and 2.4 metres at 4.3 grams gold and 1,571.5 grams silver...Read More
Silver has rallied in recent weeks following gold higher after a poor performance during the second half of 2018. While the white metal has firmed to see it down by only 8% over the last year, many silver miners have yet to rally. One that's has been heavily marked down by the market because of silver's 2018 price collapse and its own internal problems is Great Panther Silver Ltd. (TSX:GPR)(NYSEMK...Read More
Being a commodity producer is tough. Many savvy investors contend that over the long term, very few if any actually make an economic profit. Sure, there's money to be made, but time and time again, investors have been fleeced while management teams have lined their pockets.The story is almost always the same for miners. Regulatory uncertainties and massive investment costs constantly throw wrenche...Read More
Westhaven Ventures, a British Columbia gold explorer that had a good year with the drill bit in 2018, topped the table of Canadian-listed mining equities with its standout 733% share price gain for the year.It was the best of a long list of juniors (sub-US$100 million market cap) that made up more than 70% of this top-100 compilation.Leaders among the bigger, mid-tier companies included Brazil van...Read More
Drilling for lithium brine at Pure Energy's Clayton Valley property, Nevada. Photo courtesy GeoXplor Corp.Pure Energy Minerals Ltd. [PE-TSXV; PEMIF-OTCQB] said Thursday January 10 that it has received a water right to extract lithium-bearing brine needed for the operation of a planned pilot plant at its flagship Clayton Valley project in Nevada.Pure Energy shares jumped 34.78% or $0.04 to 15.5 cen...Read More
The 127-carat diamond recovered from Lucara's Karowe Mine in Botswana. Source: Lucara Diamond Corp.Lucara Diamond Corp. [LUC-TSX, LUCRF-OTC] said Thursday January 10 that it has recovered a 127-carat top-white gem diamond from its 100%-owned Karowe diamond mine in Botswana.Since mining began at Karowe in 2012, a total of 129 diamonds in excess of 100 carats have been recovered, 33 in 2018 alone. T...Read More
(IDEX Online) - IDEX Online has launched the 2019 edition of its much-anticipated annual Trade Fair Guide. The guide provides extensive details regarding a wide range of trade fairs taking place this year, including dates, venues and contact information. It also provides information relating to De Beers' sales dates in 2019, and ALROSA's dates for publishing details of its...Read More