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
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedGalan Lithium scores coup in Argentina's 'Pilbara of lithium'SPONSOREDgalan lithiumWhite Rock sets cracking Alaska pace in first field seasonSPONSOREDwhite rock mineralsI have no idea how many times the phrase "this time, it's different" has been uttered in polite society, as I don't count such things - but I'm guessing...Read More
This episode features Agnico Eagle Mines vice-chair and CEO Sean Boyd in a "fireside" chat with Northern Miner publisher Anthony Vaccaro. The in-depth interview was recorded live on-stage at The Northern Miner's Progressive Mine Forum held at the MaRS Discovery District in downtown Toronto in October 2018.Sean and Anthony cover a wide range of topics, including: innovation at Agnico's Goldex and L...Read More
DUBLIN, IRELAND - Ireland hosts two prospective horizons for zinc-lead mineralization: the Waulsortian limestone zone, and the deeper Pale Beds, also known as the Navan Beds.Group Eleven Resources (TSXV: ZNG) was sure to emphasize this point during a site visit to three of its zinc-lead projects in Ireland.The Navan Beds are named after the prolific Navan deposit, which feeds New Boliden's (STO: B...Read More
In 2010, Almaden Minerals (TSX: AMM; NYSE: AAU) drilled the discovery hole at its Ixtaca gold-silver project in Puebla State, Mexico. It was a brand new discovery, on claims company president and CEO Morgan Poliquin staked with his father, company chairman Duane Poliquin, in 2001.Today, Morgan Poliquin says the project is about a year away from a production decision; a decision that can be traced...Read More
Sprung Structures regional business development manager Tom Lloyd delivers a talk at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.Read More
Hydrostor president and CEO Jon Norman presents on innovative energy solutions with attendees at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.Read More
President Trump is sending thousands of troops to the U.S./Mexico border in an effort to deter a caravan of migrants seeking asylum in America.I could get political here, and tell you one of two things:1) This caravan of migrants is part of a humanitarian crisis and the president is savagely exploiting it to incite his conservative base ahead of Tuesday's midterm election.Or...2) This caravan is a...Read More
What does the glamour of motor racing, renewables and mining have in common? According to Antofagasta's Chief Executive Officer Ivan Arriagada, quite a bit."One of the things that has happened in Chile is that we've seen a significant transformation in the energy world towards renewables and in our case we've increased our percentage of power that comes from renewables."Today around 21 per cent o...Read More
The absence of an effective global mineral data exchange and cumbersome Government bureaucracies for managing tenement rights as two examples of how mining is still stuck in models that have their roots in the nineteenth century according to Grant Lenaarts, CEO of Mineral Assurance - an Australian start-up keen to bringing the power of blockchain to the global mining industry."While the world ha...Read More
The gold price has remained relatively stable at around US $1200 and $1400 an ounce since 2013, so why is the GDX Index, which measures the performance of the largest gold producers, currently down 70 per cent?Speaking at IMARC in Melbourne, Evolution Mining Executive Chair Jake Klein said the harsh truth for the industry is there hasn't been a sufficient return for investors."I started in the g...Read More
Northern Star Resources Executive Chairman Bill Beament has capped of a remarkable period of success for the company by being awarded the Mines and Money Legend in Mining at the International Mines and Resources Conference in Melbourne.Mr Beament joins industry luminaries such as Andrew Forrest, Robert Champion de Crespigny and Jake Klein in receiving the prestigious award, which recognises except...Read More
Telson Mining Corporation ("Telson" or the "Company") (TSXV:TSN, OTC Pink - SOHFF, Frankfurt - TSGN (formerly SQ82)) would like to issue a correction to its news release issued today reporting the conclusion of a renewable power purchase agreement "Green Energy Agreement" for Campo Morado mine.Read full newsRead More
Arizona prospector John Waddell realizes he's lucky to be alive after surviving a days-long ordeal at the bottom of an old abandoned mine shaft in the desertRead full newsRead More
Arizona prospector John Waddell realizes he's lucky to be alive after surviving a days-long ordeal at the bottom of an old abandoned mine shaft in the desertRead full newsRead More
The VIX just turned in its best month in over three yearsStocks closed out October with a flourish, as the Dow finished up over 240 points to cap off a hectic and volatile month. Despite tacking on more than 670 points over the last two days, the blue-chip index still turned in its worst month since January 2016. The S&P 500 and Nasdaq also finished strong today thanks to an upbeat round of corpor...Read More
Goldcorp's Borden project is set to transform the mining industry by replacing all diesel mobile equipment with Electric Vehicles, to deliver environmental, health and safety and economic benefits.The electric mine is expected to deliver a 70% smaller carbon footprint, than if convention technologies were used. It will also reduce noise pollution, reduce the risk of hydrocarbon spills and fires, r...Read More
While Australia heads to another election cycle grappling with energy and climate policy, the one solution with serious potential to meet our high baseload power needs with zero emissions is being ignored.According to Dr Benjamin Heard, who specialises modelling energy systems and climate change adaptation and mitigation, Australia must consider nuclear energy as part of the mix if we are to have...Read More
The resources sector is fundamental to Australia's economic prosperity according to Fortescue Metals Group CEO Elizabeth Gaines during a presentation at the International Mining and Resources Conference (IMARC) in Melbourne today."The sector generates exports of $226 billion a year, and that's more than half of Australia's estimated total exports."The Pilbara in Western Australia is home to three...Read More
MELBOURNE, Nov 1- Mongolia is looking to list up to 30% of the state-owned company that owns the massive Tavan Tolgoi coal mine on the New York and Hong Kong stock exchanges in 2019, the country's mining minister said on Thursday.Mining Minister Sumiyabazar Dolgorsuren said the government is aiming to carry out the initial public offering of Erdenes Tavan Tolgoi between April and June 2019. He was...Read More
Nov 1 - BHP will start an off-market buyback of $5.2 billion of its shares immediately, with the remainder of the proceeds from its U.S. onshore assets sale to be returned in the form of a special dividend, the global miner said on Thursday.The world's biggest miner had promised in July to return the $10.5 billion in sale proceeds to shareholders. It also announced the completion of the sale of it...Read More