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
Managing director Geoff Jones said at this week's GR Engineering annual general meeting in Perth the company was on track to book about A$80-85 million of revenue in the first half of fiscal 2018-19, down from $177 million in the first half of last year.But the company is guiding for $220-240 million of revenue for FY19 "based on management forecasts of Thunderbird EPC activity levels in [the seco...Read More
CULLINAN, Gauteng (miningweekly.com) – A R200-million electrical infrastructure project has been impressively completed at the Cullinan diamond mine of the London-listed Petra Diamonds through the combined effort of four Zest WEG Group companies. The companies adopted an integrated solutions approach in providing multiple and diverse energy packages on surface and underground to power the c...Read More
What's the future of warfare look like?For centuries humans fought hand-to-hand, with clubs, swords, pikes, and maces.Those weapons were replaced by cannons and flintlock rifles, which gave way to artillery and machine guns, which were superseded by tanks and fighter jets.What's next?Robots.Tanks, jets, and massive aircraft carriers continue to play a part in today's military modernization efforts...Read More
Caratti, alluding to contracts that have caused fellow engineering and construction groups much grief over the past 12 months, was speaking on the morning ASX-listed RCR Tomlinson fell into admi...Read More
Venezuela's economic crisis has deepened further as its country's citizens grow desperate for even basic products.Read full newsRead More
The percentage of investment dollars flowing into Canada for mineral exploration has declined over the past decadeRead full newsRead More
The percentage of investment dollars flowing into Canada for mineral exploration has declined over the past decadeRead full newsRead More
Columbus has issued a press release stating that there is no ban on cyanide in gold from the EU, and therefore nothing stopping the company from using the chemical at its Montagne d'Or project.Read full newsRead More
Turns out that retailers like Amazon aren't too interested in restocking your returned impulse buys.Instead, they'll often wind up in...Read full newsRead More
Copper supply has surprised this year, but not in the way everyone expected.Read full newsRead More
Copper supply has surprised this year, but not in the way everyone expected.Read full newsRead More
Operations at Driefontein, Kloof and Beatrix mines were halted late on Wednesday.Read full newsRead More
Short selling of shares in lithium miners SQM, Albemarle, Galaxy and Orocobre ha...Read full newsRead More
The Women in Mining (WIM) organisation has recognised the pioneering work of Kay Nimmo at the International Tin Association in achieving practical solutions to the challenges of responsible minerals sourcing. Nimmo has worked over the past decade to create and implement industry-leading initiatives which achieve real impacts, including the ITSCI programme to resolve conflict mineral concerns, and...Read More
The Women in Mining (WIM) organisation has recognised the pioneering work of Kay Nimmo at the International Tin Association in achieving practical solutions to the challenges of responsible minerals sourcing. Nimmo has worked over the past decade to create and implement industry-leading initiatives which achieve real impacts, including the ITSCI programme to resolve conflict mineral concerns, and...Read More
Carube Copper Corp. (TSXV:CUC) is pleased to report positive results from its ongoing surface exploration program at the Company's 100% owned Main Ridge Project (Read full newsRead More
When Richard Warke engineered the successful sale of Arizona Mining Inc. this summer, the deal grabbed headlines and investment community approval. After all, at Cdn$2.1 billion, the sale represent...Read full newsRead More
Infill drilling in the southwestern part of the Marathon deposit in Newfoundland continues to return high-grade gold intercepts, Marathon Gold (TSX: MOZ) reports.The company recently completed its 41,000-metre step-out and infill drill program for 2018, and assays include 5.36 grams gold over 11 metres from 26 metres below surface in hole MA-18-330; 3.63 grams gold over 10 metres from 134 metres...Read More
Infill drilling in the southwestern part of the Marathon deposit in Newfoundland continues to return high-grade gold intercepts, Marathon Gold (TSX: MOZ) reports.The company recently completed its 41,000-metre step-out and infill drill program for 2018, and assays include 5.36 grams gold over 11 metres from 26 metres below surface in hole MA-18-330; 3.63 grams gold over 10 metres from 134 metres...Read More
Infill drilling in the southwestern part of the Marathon deposit in Newfoundland continues to return high-grade gold intercepts, Marathon Gold (TSX: MOZ) reports.The company recently completed its 41,000-metre step-out and infill drill program for 2018, and assays include 5.36 grams gold over 11 metres from 26 metres below surface in hole MA-18-330; 3.63 grams gold over 10 metres from 134 metres...Read More