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

Auryn Resources (TSX: AUG) announced today that it has identified a significant zone of oxide copper mineralization over a 1.2-kilometer strike length and 500-meter width at the Milpoc prospect. This is about 12 kilometers south of the company's 120,000-hectare Sombrero copper-gold property, which is located in southern Peru in the Andahuaylas-Yauri belt.According to Auryn, Sombrero is characteriz...Read More

Auryn Resources (TSX: AUG) announced today that it has identified a significant zone of oxide copper mineralization over a 1.2-kilometer strike length and 500-meter width at the Milpoc prospect. This is about 12 kilometers south of the company's 120,000-hectare Sombrero copper-gold property, which is located in southern Peru in the Andahuaylas-Yauri belt.According to Auryn, Sombrero is characteriz...Read More

Pancontinental Resources (TSXV: PUC) announced today it has started a diamond drill program on its nickel-cobalt-copper Montcalm project, located 65 kilometres northwest of Timmins in the eastern Canadian province of Ontario.The 3,780-hectares project sits within the Montcalm Gabbro Complex in the Montcalm Greenstone Belt. It is contiguous to and surrounds the western, northwestern and southwester...Read More

Pancontinental Resources (TSXV: PUC) announced today it has started a diamond drill program on its nickel-cobalt-copper Montcalm project, located 65 kilometres northwest of Timmins in the eastern Canadian province of Ontario.The 3,780-hectares project sits within the Montcalm Gabbro Complex in the Montcalm Greenstone Belt. It is contiguous to and surrounds the western, northwestern and southwester...Read More

Israel-focused precious stones junior Shefa Yamim (LON, TLV:SEFA) announced Monday a scientific discovery that may make its gemstones more valuable than they've ever been, as researches have confirmed the presence of a new mineral inside them.According to an article published in the journal Minerals last month, the new mineral - named Carmeltazite, after Mount Carmel in northern Israel - contai...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce it has delivered on its first purchase order through a Tier 1 cellular operator to a Canadian transportation company for 180 Uniden (R) UV350 in-vehicle smartphones.Marc Seelenfreund, CEO of Siyata Mobile commented, "This marks a very important milestone for Siyata and proves...Read More

The latest gold rally, which sees the yellow metal trading at over US$1,280 per ounce, has helped to lift heavily beaten down silver higher to US$15.70 an ounce. That has provided some respite for silver miners, who have seen their financial performance impacted by sharply weaker silver prices since the price of the white metal collapsed in mid-2018.One silver miner that appears increasingly unapp...Read More

Gold firmed substantially at the end of 2018 to see the yellow metal trading at US$1,285 an ounce, and there are signs that it will move higher during 2019, which has been a boon for gold miners. One very attractively valued junior miner that's poised to move higher is Seabridge Gold Inc. (TSX:SEA)(NYSE:SA). The miner has gained 35% over the last year and there are signs of further upside ahead, e...Read More

Gold has rallied significantly since the end of November 2018 to see it trading at around US$1,285 per ounce, which is slightly lower than the six-month high of US$1,291.80 reached last week. Despite some poor fundamental indicators for gold, including a stronger U.S. dollar and higher interest rates, there is increasing speculation that the yellow metal has entered a new bull market. Higher gold...Read More

Major global market indices closed higher on Friday as the US released a stronger-than-expected jobs report and the People's Bank of China moved to cut reserve requirement ratios, taxes and fees.The S&P/ASX200 index was higher in afternoon trade, with Mozambique graphite producer Syrah Resources (ASX: SYR) up more than 10% on little news since announcing its first production of spherical graph...Read More

IDM Mining's exploration camp for the Red Mountain Project in northwest BC's Golden Triangle region. Photo by Ellsworth Dickson.Ascot Resources Ltd. [AOT-TSXV; OTVF-OTCQX] said Monday January 7 that it is acquiring IDM Mining Ltd. [IDM-TSXV; IDMMF-OTCQB] in a move it said will create a leading gold development company in British Columbia.Under a definitive agreement between the two companies, Asco...Read More

The Mount Marion lithium mine in Western Australia. Source: Mineral Resources Ltd.Cobalt 27 Capital Corp. [KBLT-TSXV; 270-FSE] said Monday January 7 that it has boosted its portfolio by acquiring a lithium royalty on the producing Mount Marion Lithium Mine in Western Australia.The royalty being acquired consists of 1.5% of gross revenues and AUD$2 per tonne of ore mined under the Reed Industrial M...Read More

Share this articleTORONTO - Canada's main stock index began the first full trading week of 2019 higher as it got a push from ongoing crude oil price hikes while the loonie hit a four-week high.The S&P/TSX composite index closed up 77.51 points to 14,504.13.In New York, the Dow Jones industrial average was up 98.19 points at 23,531.35. The S&P 500 index was up 17.75 points at 2,549.69, while the N...Read More

Full Article: Gold Has Beaten the Market Over Multiple Time PeriodsBy: Frank HolmesGlobal uncertainty made gold a holiday winner for investors seeking a relatively safe haven. U.S. stocks just logged their worst year since 2008-their worst December since 1931-as fears over global trade, ballooning debt, the end of accommodative central bank policy and a U.S. government shutdown unsettled investor...Read More

(IDEX Online) - Diamond broker and consultant Bonas will hold a tender of exceptional polished colored gemstones from February 18 to 22 in Bangkok to coincide with next month's Bangkok Gems & Jewelry Fair (BGJF).   The event is being organized with the support of the Asia Gem Center and will take place at the Jewelry Trade Center in Bangkok.   The tender will feature approximat...Read More

(IDEX Online) - Hong Kong based jewelry giant Chow Tai Fook Jewellery Group Limited has signed an agreement with Tencent in which WeChat Pay Hong Kong can be used for all purchases at its stores in Mainland China.   The deal aims to encourage Hong Kong buyers to use digital payments in Hong Kong dollars.   The use of WeChat Pay HK in both Mainland China and Hong Kong "provides the utmos...Read More

(IDEX Online) - Harry Winston Inc. has filed suit regarding the building it leases in Chicago which the famous jewelry retailer alleges was damaged by a nearby construction project and cost it more than $2 million in lost profits.   The complaint was filed in Cook County Circuit Court against 65 Oak Street Owner LLC, LG Development Group LLC, and others, citing the Chicago Excavation Ordinanc...Read More

A recent survey by the College Board revealed the budget for an in-state public college last year averaged $25,290.And a moderate budget at a private school last year averaged $50,900.Suppose you have three kids bound for college a decade from now. At the rate which college tuition costs are rising and tuition aid formulas changing, you're looking at spending, over the course of 4 years, close to...Read More

If the first week of trading in 2019 is auspicious for the rest of the year, gold bugs are going to be in for a fun ride.Amidst broad market turmoil headlined by plunging and volatile global stock markets and increased U.S.-China trade tensions, the yellow metal lived up to its safe haven status over the holiday period and into the first few days of 2019, powering forward to just shy of US$1,300 p...Read More

As the Association for Mineral Exploration (AME) prepares for its 36th annual Mineral Exploration Roundup conference from Jan. 28 to 31, 2019, we look back on industry successes in 2018 and ahead to the potential for the mineral exploration industry in 2019.While our members report they continue to be challenged in attracting investment for exploration, we are getting indications that exploration...Read More