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
Subprime is calling...Read full newsRead More
Wachstumsmarkt Elektroautos: #China bleibt gro??es ZugpferdRead full newsRead More
The price of cobalt has been drifting after hitting near 10-year peaks in March to exchange hands for $91,000 a tonne on Friday.Cobalt is still up nearly fourfold since hitting multi-year lows at the beginning of 2016 as worries about supply of the metal, a crucial element in batteries, combine with expectations of booming demand from the electric vehicle sector.The city of Mbandaka [population 1....Read More
Australian-listed Prospect Resources expects to secure more than $55 million in funding for the first phase of the Arcadia Lithium project in Zimbabwe and expects to produce concentrates for export in the next 14 months, a company official said on Sunday.The southern African nation is pushing lithium as a major draw for investors as it looks to attract capital to its mining sector following the ou...Read More
Southern Copper's Manager of Technical Services, Carlos Aranda, said this week that the $1.4 billion T?-a Mar?-a copper project, located in the southern Peruvian region of Arequipa, is gaining legitimacy amongst the population.In a conference held before Peru's Mining Engineers Institute, Aranda said that the company, a subsidiary of Grupo M?(C)xico, has been able to knock down previous resistance...Read More
Southern Copper's Manager of Technical Services, Carlos Aranda, said this week that the $1.4 billion T?-a Mar?-a copper project, located in the southern Peruvian region of Arequipa, is gaining legitimacy amongst the population.In a conference held before Peru's Mining Engineers Institute, Aranda said that the company, a subsidiary of Grupo M?(C)xico, has been able to knock down previous resistance...Read More
COLORADO SPRINGS - Gold Resource Corp. recently obtained all regulatory approvals required for the Isabella Pearl open pit heap leach gold project in Mineral County.Read full newsRead More
COLORADO SPRINGS - Gold Resource Corp. recently obtained all regulatory approvals required for the Isabella Pearl open pit heap leach gold project in Mineral County.Read full newsRead More
Coronet Metals (TSXV: CRF) announced this week that it has entered into an agreement to gain 100% interest in 3,888 mineral claims totalling over 62,000 hectares in the Meguma Gold Belt located in Nova Scotia, eastern Canada.In a press release, the company explained that the claims are adjacent and along trend from Atlantic Gold's Touquoy disseminated open-pit gold deposit. On its website, Atlanti...Read More
Coronet Metals (TSXV: CRF) announced this week that it has entered into an agreement to gain 100% interest in 3,888 mineral claims totalling over 62,000 hectares in the Meguma Gold Belt located in Nova Scotia, eastern Canada.In a press release, the company explained that the claims are adjacent and along trend from Atlantic Gold's Touquoy disseminated open-pit gold deposit. On its website, Atlanti...Read More
Coronet Metals (TSXV: CRF) announced this week that it has entered into an agreement to gain 100% interest in 3,888 mineral claims totalling over 62,000 hectares in the Meguma Gold Belt located in Nova Scotia, eastern Canada.In a press release, the company explained that the claims are adjacent and along trend from Atlantic Gold's Touquoy disseminated open-pit gold deposit. On its website, Atlanti...Read More
Invitae reported $1.6 million in revenue in 2014. This year it expects more than $130 million.Read full newsRead More
Chromium and cyanide had been improperly handled and seeped into rivers used for drinking water in Kratie and Mondulkiri.Read full newsRead More
Argonaut Gold Inc:Read full newsRead More
COLORADO SPRINGS - Gold Resource Corp. recently obtained all regulatory approvals required for the Isabella Pearl open pit heap leach gold project in Mineral County.Read full newsRead More
COLORADO SPRINGS - Gold Resource Corp. recently obtained all regulatory approvals required for the Isabella Pearl open pit heap leach gold project in Mineral County.Read full newsRead More
This isn’t some weird analogy.For years the federal government has been funding experiments using kittens as incubators for parasites. And then when the parasites are harvested from the kittens’ feces, the kittens are simply incinerated. They are just living breathing test tubes to the government.Congressman Mike Bishop of Michigan announced on Tuesday that he sent a letter to Secreta...Read More
"Those who can achieve this productivity leap could potentially even change their relative position on the entire industry cost curve," said Metso Corporation's Jani Puroranta in an interview after the release of results of Mining Journal/Mining Magazine Future of Mining asset management survey of leading global miners.Read More
The overall picture of improving health among companies that fall under the heading of METS (mining equipment, technology and services) was well covered earlier this month in a report by Richard Roberts.Read More
(IDEX Online) - The Union of Northern Workers, which represents unionized workers at Dominion Diamond's Ekati mine (above), is accusing Dominion of wanting to lay off 150 workers. Dominion has threatened to lay off the workers and replace them with contractors due to "unsustainable" absenteeism. The union says the mining company has not backed up the claims. Dominion's CEO...Read More