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
* Company expects to see fruits of past investments in 2019Read full newsRead More
Gold Mining Stock Outlook - June 2018Read full newsRead More
Gold mine owners have polluted a river in Brazil's Tapaj??s basin and placed a price on the heads of resisting Munduruku leaders. A federal raid in May failed to stem the conflict.Read full newsRead More
A Q&A on YouTube best practices as an SEO tool with Burson-Marsteller's Nati Katz.Read full newsRead More
A Vancouver-based miner diversifies by adding a Brazilian portfolio to its Mexican project.Read full newsRead More
Zacks Industry Outlook Highlights: Harmony Gold, NovaGold, Pretium and Pershing GoldRead full newsRead More
* Company expects to see fruits of past investments in 2019Read full newsRead More
To misquote Yoda from one of the less-than-stellar Star Wars' movies: "Begun, the trade war has!"While making light of the rise of American protectionism is a typical knee-jerk reaction of stock market observers, it's important to recognize the U.S. initiation of an all-out trade war for what it is: a return to the pre-globalization economic Dark Ages.The imposition of tariffs on Mexico, Canada, a...Read More
An impressive gold-rich sample from NX Gold's Mt. Roe Project in the Pilbara region of Western Australia. Source NX Gold Ltd.NxGold Ltd. [NXN-TSXV; LBHRF-OTC] rallied Friday June 1 after the company said that due to demand from investors, the company is upsizing a previously announced non-brokered private placement of units to $3 million from $1 million.The company said it may increase the size of...Read More
Anthony Milewski, Chairman and CEO of Cobalt 27 Capital, at the company's cobalt warehouse in Rotterdam, the Netherlands. Photo courtesy Cobalt 27 Capital Corp.The strong global economic growth expected in 2018 should be synonymous with higher industrial metal prices, according to a new commodity trends report by Desjardins Group.The view was supported this week by news that China's vast manufactu...Read More
Bulk sampling at the Dumont nickel-cobalt project near Amos, Quebec. Source: RNC Minerals.RNC Minerals [RNX-TSX] on Friday June 1 announced plans to raise up to $6 million from a private placement of 40 million units priced at 15 cents per unit. The company said Haywood Securities Inc. has agreed to lead a syndicate of agents hired to sell the private placement units, including Laurentian Bank Sec...Read More
Ask the average person about her smartphone, and the odds are better than even that she'll be able to recite the make, model, and salient features such as battery life and camera quality. She may even be in a position to rank the phone relative to other handsets and to make a recommendation as to whether it offers good value for money.Make a similar inquiry about that person's savings account, on...Read More
VANCOUVER, BRITISH COLUMBIA / May 31, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) and engineering partner PurLucid Treatment Solutions Inc. ("PurLucid") are pleased to report that, prior to deployment, demonstration of the NFLi-5 commercial-scale rapid lithium extraction system, capable of processing 750 barrels per day (120 cubic meters), is scheduled...Read More
He will lead the development of the project's commercial scale demonstration plant, as well as help drive the development of the project into a world-class copper-cobalt opportunity.Bailey has more than five decades' of experience in the mining sector, having spent 30 years at Rio Tinto where he was joint global head of mining operations, working in Africa, South America and Europe.He wa...Read More
ELB Engineering Services announced last week that it had been awarded the contract for the drying system for the MV Grand Banks life extension project by marine mining company De Beers Marine. Additionally, the company noted that it had completed train loading station (TLS) and stacker projects for the Assmang Black Rock Mine Operations (BRMO), in addition to completing projects for consumer goods...Read More
(IDEX Online News) - The IDEX polished diamond price index rose in May after a flat performance in April.  ...Read More
(IDEX Online News) - Round diamonds saw more rising prices in May than decliners in most categories from 0.18-0.22 carats to 1.00-1.24 carats, while larger diamonds of 4.00-4.99 carats to 5.00-5.99 carats saw few price changes. Risers were particularly prominent in 0.18-0.22 carat stones in G-I, I1-SI2 which were up 4-5%; 0.23-0.29 carats in J-K, VVS1-SI2 were up 4-10%; and 1.00-1.24 carat diamond...Read More
The subscription and placing comprised a total 222.2 million new ordinary shares at a price of 0.36p per share, which was a discount of around 17.24% to the closing mid-market price of 0.435p/share on May 30.Bezant executive chairman Colin Bird invested £50,000, or 6.25% of the total, to subscribe for 13.9 million shares, while 208.3 million shares were placed via broker Novum Securities.The...Read More
The final investment decision outlines an operation with estimated annual production of 60,000 tonnes per annum of graphite concentrate over almost 30 years. The DFS showed Ancuabe could deliver annual earnings before tax of US$43.6 million and free cash of $753 million over its life. Payback would be four years. Triton aims to pick up tools for development of Mozambique's next mine late...Read More
By Peter KennedyAnthony Milewski, Chairman and CEO of Cobalt 27 Capital, at the company's cobalt warehouse in Rotterdam, the Netherlands. Photo courtesy Cobalt 27 Capital Corp.The strong global economic growth expected in 2018 should be synonymous with higher industrial metal prices, according to a new commodity trends report by Desjardins Group.The view was supported this week by news that China'...Read More