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
Peninsula Energy Ltd (ASX:PEN) has achieved an 8% increase in production from its Lance Projects in Wyoming, US during the quarter ended September 30 2018, compared to the previous quarter.The increase in production is partly the result of the completion of a dried pounds reconciliation by the toll milling contractor for the period April 2018 to September 2018, as is standard industry practice dur...Read More
Garibaldi Resources' land position in the Golden Triangle region of northwestern British Columbia. Source: Garibaldi Resources.Garibaldi Resources [GGI-TSXV; GGIFF-OTC] reports that the continuing drill program at Nickel Mountain in the Golden Triangle region of northwest British Columbia, combined with surface sampling of new massive sulphide outcrops exposed by melting ice and snow, has confirme...Read More
Nordic Gold's Laiva gold mine in Finalnd. Source: Nordic Gold Corp.Nordic Gold Corp. [NOR-TSXV; FIEIF-OTC; 2FN-FSE] has reached an agreement with PFL Raahe Holdings LP to provide US $7-million in additional financing to enable the company to reach production at the Laiva gold mine in Finland. PFL is an investment vehicle controlled by Pandion Mine Finance Fund LP.The mine is a past producer, is fu...Read More
Drilling to date is limited so true widths cannot be definitively determined. However, based on the geology of the vein zone with a steep dip to the west, true widths are estimated to be about 80-90% of reported interval lengths.Peter Fischl, Exploration Manager goes on to add, "Drilling continues to define a horizon of stronger gold mineralization. This hole targeted the shallower portions of the...Read More
James G. Pettit began his career in the resource industry in British Columbia working with his father-in-law and local legend Bern Brynelsen who were integral to the development of Noranda's copper-molybdenum Brenda Mine that was in production from 1970 until 1990.Pettit began serving as Director, President & CEO of Aben Resources Ltd in 2002. Aben Resources is a gold exploration company headqua...Read More
(IDEX Online) - This week the Diamond Dealers Club (DDC) welcomed the Israel Diamond Exchange and its members for the fall edition of Israel Diamond Week at the DDC. As in the past, members of both bourses exhibited their goods on the DDC trading floor, now located at 50 West 47th Street. Reports of the week have indicated an increase in business sales and opportunities due to the s...Read More
(IDEX Online) - Israeli diamonds will now be offered for sale directly to Chinese consumers on Alibaba's luxury platform, Ali Auction (paimai.taobao.com). The Israel Diamond Exchange (IDE), which has been working with Alibaba.com for the past year on B2B diamond sales, is expanding its activity in the Chinese market through this prestigious ecommerce site. IDE is the only diamond center to...Read More
Law firm Hogan Lovells Africa head and partner Andrew Skipper on Thursday opened the firm’s Africa Forum conference by stating that, in Africa, there is an understandable combination of optimism and scepticism, but stressed that the available opportunities were enormous.“Currency, corruption and certainty need to change; it is often not happening fast enough, but until that is sorted o...Read More
South Africans aren’t the only ones struggling through the country’s economic slump.The fortunes of Lesotho, Namibia, and eSwatini, formerly known as Swaziland, are beholden to developments in their larger neighbour with their exchange rates pegged to the rand, the worst-performing major currency against the dollar this year. The three nations, together with Botswana, also derive reven...Read More
If you're like me, you were taught that the way to make money was to get a job. I was programmed to be an employee. If you went through the American education system, you were probably programmed the same way. "Go to school, get a good job," and later, we were all told, "Invest in a 401(k)." That was and still is the American dream being shoved down the throats of students.That advice might have...Read More
For half a century it has been an act considered completely off limits...A taboo subject...Too dangerous to even mention.Leave it to the world’s most dangerous man to change all of that.Saudi Crown Prince Mohammed bin Salman (MBS) is the de facto ruler of Saudi Arabia. His father is the actual king, but he is in poor health and everyone knows that the Crown Prince is running the show.For mon...Read More
One simple solution to optimize your underground operationSPONSOREDkomatsuKin reshaping path towards developmentSPONSOREDkin mining nlKasbah on cusp of tin riches at world-class AchmmachSPONSOREDkasbah resourcesNew thinking carves out strong zinc position for Europa MetalsSPONSOREDeuropa metalsDespite being a banker and one-time analyst, I have to confess cash management was never my strong suit.&...Read More
One simple solution to optimize your underground operationSPONSOREDkomatsuKin reshaping path towards developmentSPONSOREDkin mining nlKasbah on cusp of tin riches at world-class AchmmachSPONSOREDkasbah resourcesNew thinking carves out strong zinc position for Europa MetalsSPONSOREDeuropa metalsAll three companies have proposed treating beneficiated kaolin - a form of aluminous clay - with hydrochl...Read More
This Miner Moment bonus segment features Salim Teja, president of venture services at the MaRS Discovery District in Toronto, as he welcomes delegates of The Northern Miner's Progressive Mine Forum held at MaRS in mid-October 2018.Salim updates us on MaRS' evolving role as a major incubator for new Canadian tech businesses and other ventures. For more information, visit www.marsdd.com.Northern Mi...Read More
"Every nation gets the government it deserves," said 18th century French philosopher Joseph de Maistre.If true, and we suspect there is justice here... the United States is a nation of no-good deadbeats.For the nation hosts a spendthrift government perpetually on the borrow.By some metrics, the United States now takes on more debt in one year than it did in the first 200 years of its lovely existe...Read More
The Chilean government said on Wednesday it would seek international arbitration...Read full newsRead More
This could soon be the backbone of America's electrical grid.What would the perfect mining stock for this market look like?First, it would be an incredibly rare element... one with limited supply.Second, it would be an element now under the radar... but about to break out with predictable demand.Third, there should be a company working toward a virtual monopoly on this element...And these three th...Read More
...distract!Read full newsRead More
British Columbia's Golden Triangle mining district is experiencing a modern-day gold rush on improved key infrastructure, rising gold prices and the discovery potential in a new geological model.Read full newsRead More
In order toRead full newsRead More