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
Digging deeply into the gold mining stock's past to unearth what the future might hold.Read full newsRead More
There is a massive shortage of cyber security professionals in the country, urging young graduates to look this segment, which is a high-margin segmen..Read full newsRead More
The most prominent mining operation in the Baboquivari Mountains was the Allison Mine, yielding gold and silver.Read full newsRead More
Gold streaming companies are a great way to invest in the precious metal. Here are some of the key benefits you need to know about and the top stocks to consider.Read full newsRead More
The answer depends a lot on how much you're willing to spend to find it.Read full newsRead More
Police say the practice could damage rivers which are protected from anything that damages them.Read full newsRead More
Digging deeply into the gold mining stock's past to unearth what the future might hold.Read full newsRead More
Canada's IDM Mining Ltd. (TSX-V:IDM) (OTCQB:IDMMF), one of the several companies developing projects in British Columbia's prolific Golden Triangle, said Monday it expected to receive the necessary environmental permits for its proposed Red Mountain mine in the third quarter of the year.The Vancouver-based junior, which is working on a resource update for its gold-silver project, located just 15 k...Read More
Canada's IDM Mining Ltd. (TSX-V:IDM) (OTCQB:IDMMF), one of the several companies developing projects in British Columbia's prolific Golden Triangle, said Monday it expected to receive the necessary environmental permits for its proposed Red Mountain mine in the third quarter of the year.The Vancouver-based junior, which is working on a resource update for its gold-silver project, located just 15 k...Read More
The price of steelmaking raw materials in China rose for a second session on Monday on optimism that steel mills will replenish stockpiles as steel production increases and as iron ore inventories at ports decline.The utilisation rate at blast furnaces across the country picked up again last week to 69.89 percent, as of May 11, up 0.97 percentage points from a week earlier and at its highest since...Read More
Canada-listed junior miner Thor Explorations aims to bring Nigeria's first large-scale gold mine online in early 2020, its CEO said, as the West African country seeks to diversify its economy away from oil and gas.Following the commodity price crash of 2015-16, the World Bank in April 2017 said it was providing funds to help the Nigerian government develop its neglected mining sector.Projects unde...Read More
Canada-listed junior miner Thor Explorations aims to bring Nigeria's first large-scale gold mine online in early 2020, its CEO said, as the West African country seeks to diversify its economy away from oil and gas.Following the commodity price crash of 2015-16, the World Bank in April 2017 said it was providing funds to help the Nigerian government develop its neglected mining sector.Projects unde...Read More
Barrick Gold (NYSE, TSX:ABX), the world's top miner of the precious metal, is stepping up its "green" efforts by signing a 10-year natural gas supply contract in the Dominican Republic that will enable the conversion of the power plant feeding the company's Pueblo Viejo mine from heavy fuel oil to natural gas, generating key cost-savings at the same time.Thanks to the agreement between the mine o...Read More
Barrick Gold (NYSE, TSX:ABX), the world's top miner of the precious metal, is stepping up its "green" efforts by signing a 10-year natural gas supply contract in the Dominican Republic that will enable the conversion of the power plant feeding the company's Pueblo Viejo mine from heavy fuel oil to natural gas, generating key cost-savings at the same time.Thanks to the agreement between the mine o...Read More
Investing.com - With gold prices continuing to mirror moves in the dollar metals traders will be turning their attention to Tuesday’s U.S. retail sales report to try to form a clearer picture of the health of the economy and the outlook for interest rates.Alongside the retail data, markets will also be watching reports on the housing sector, manufacturing and industrial production. U.S. - Ch...Read More
The tale of woe continues for beaten-down precious metals miner Tahoe Resources Inc. (TSX:THO)(NYSE:TAHO). After being forced to cease operations at its flagship Escobal silver mine in Guatemala because of that nation's Supreme Court suspending the mine's licence in July 2017, it has been unable to recommence operations as quickly as expected. There are signs that reinstatement of the mining licen...Read More
If you've been keeping an eye on small-cap companies of late, you may have noticed something strange happening in the copper sector. Copper is not always an area of investment that folk think about, but at the moment it seems to be doing something a little peculiar. We're here to take a look at what's going on, and what it could mean for prospective investors.Copper takes a nose-dive, but is it al...Read More
OTTAWA - The federal Liberal government, chastised last year in an auditor's report that found a lack of oversight of Canada's controversial temporary foreign workers program, is stepping up employer inspections and naming and shaming those caught breaking the rules.Since the start of the year, roughly 1,600 employers have been flagged as "high-risk employers" and selected for inspections by the...Read More
Modern governments and industries work in collusion to control the individual. But ironically, they were only able to grow powerful by exploiting the desire to be an individual.According to Yuval Noah Harari’s book Sapiens: A Brief History of Humankind, governments started out as simple gangs, collecting protection money.Many kingdoms and empires were in truth little more than large protec...Read More
Bosma has more than 24 years' experience in the mining industry, including 14 years at De Beers. He has worked at Firestone since 2014 , moving up from mineral resources manager to general manager of the Liqhobong mine in 2016.Prior to joining Firestone, he was general manager of a joint venture between De Beers and AngloGold Ashanti and previously worked as vice president of Pala Investments.Fire...Read More