News and Reports

Year in Review 2023 and Outlook for 2024

January 04, 2024

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

Year in Review 2022 and Outlook for 2023

January 2023

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: The Heart of Global Copper

October 2021

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 Gold

June 2021

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 Gold Mining and Canadian Juniors

April 2021

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

An Overview of the Golden Triangle

July 2020

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

An Overview of Quebec Gold Mining

April 2020

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

An Overview of the Red Lake Mining District

January, 2020

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

Philippines suspension likely to bolster #nickel, says BMO

September 17, 2019 /

Nickel supplies could tighten after a production suspension in an area of the PhilippinesRead full newsRead More

As gold prices soar, mining companies find themselves under attack from their largest investors

September 14, 2019 /

A coalition of investors released a report on Thursday that bashed gold mining executives for spending too much money on general expensesRead full newsRead More

#Ironore prices rebound on spike in China imports

September 10, 2019 /

Iron ore price surges as shipments to top consumer hits 19-month high.Read full newsRead More

McEwen Mining bulks up Black Fox complex

September 06, 2019 /

Two years ago, McEwen Mining (TSX: MUX; NYSE: MUX) purchased the Black Fox mine complex in northeastern Ontario for US$35 million.The complex - 70 km from Timmins and 9 km from Matheson - included the Black Fox underground gold mine, a 2,400-tonne-per-day mill, a tailings facility, the past-producing Stock gold mine and two development projects - Grey Fox and Froome.The acquisition from Primero Mi...Read More

#Nickel's perfect bull storm as Indonesia bans exports again

September 03, 2019 /

Whatever happened to that old market adage of buying the rumour and selling the ...Read full newsRead More

#Nickel Ore Export Ban Is Good for Indonesia: Vale

August 28, 2019 /

Nickel mining company Vale Indonesia said the government's ore ban will have a positive impact on the Indonesian economy.Read full newsRead More

Exclusive: Japanese utilities start selling uranium fuel into...

August 25, 2019 /

Japan's nuclear operators are starting to sell some of their huge holdings ...Read full newsRead More

Mining stocks on the edge of 2015-16-like descent?

August 23, 2019 /

"The question now is whether mining share prices fully reflect the risk of a cyclical downturn in commodity markets as the risk of a downturn has clearly increased, with the ongoing trade wars as a potential catalyst," analysts at Jefferies said this week.Bernstein's team compared the current demand-side situation to that of early 2015: "Chinese economic growth is cooling, prompting fears of a glo...Read More

Glencore, GoWest among market risers

August 20, 2019 /

North American market futures were looking positive but European futures were pointing to a negative start at the time of writing.Economic bellwether copper closed up 0.45% on the London Metal Exchange yesterday.Mining equities gained in London yesterday, led by Glencore's (LSE: GLEN) rise of 3.81%.In Toronto, junior GoWest Gold (TSXV: GWA) had a good day out, gaining 80.77% as it reported reachin...Read More

Countdown is on to 2019 Mining Journal award winners

August 15, 2019 /

As well as the CEO of the Year and Emerging Leader of the Year nominations, Mining Journal editors are assessing nominations from our worldwide readership for top innovators, sustainability and gender diversity leaders, best new discovery, the industry's best explorer for the 2018-2019 year, and the best-performed mining consultancies, and METS (mining equipment, technology and services) companies...Read More

Northern Dynasty seeks EIS, permitting for Pebble after 'milestone' EPA decision

August 10, 2019 /

The U.S. Environmental Protection Agency (EPA)'s decision to remove proposed restrictions on mining operations in Alaska's Bristol Bay is being called a "massive de-risking event" for Northern Dynasty Minerals' (TSX: NDM; NYSE-AM: NAK) Pebble project. The move could also improve the Vancouver-based company's chances of finding a partner to build the mine, which the company describes as the "most s...Read More

Famous Argyle to close in 2020

August 11, 2019 /

The closure of the world's biggest diamond mine ???,?" Argyle, in the Kimberly region of northern Australia - has drawn the attention of the international business press. In July, Bloomberg's diamond specialist Thomas Biesheuvel and his colleague David Stringer wrote an extensive piece about it.  Argyle, "famed more for the fistful of coveted pink and red gems it yields each year th...Read More

Gold surges as trade tensions ratchet up

August 05, 2019 /

Beijing allowed the yuan to tumble to its weakest level in a decade against the US dollar and asked state-owned companies to suspend imports of US agricultural products, Bloomberg reported, following US president Donald Trump's surprise threat late last week of further tariffs.Trump's move saw commodity prices slump on the London Metal Exchange, with economic bellwether copper closing down 2.9%.Fr...Read More

How gold mining has become much more complex in Canada

July 31, 2019 /

Sean Boyd, CEO of Agnico Eagle Mines, explains how gold mining has become much more complex over the 21 years he's been in charge at the company and how Agnico has grown to become Canada's biggest gold producer.Read full newsRead More

SilverCrest soars as it locks in financing

July 25, 2019 /

The share price surge comes as the silver price strengthens further above US$16 an ounce and the company last week received conditional operating Read More

5 Top Weekly TSXV Stocks: Eric Sprott Buys into Silver Juniors

July 22, 2019 /

On the TSXV last week, the top gainers were Meridian Mining, VR Resources, Discovery Metals, Discovery Resources and Dunnedin Ventures.Read full newsRead More

RT @ReutersBiz: Gold eases from two-week high on profit-taking after Fed-driven rally

July 18, 2019 /

Gold prices held steady on Thursday, holding close to a two-week high, as the do...Read full newsRead More

Gold Prices Rise on Powell's Comments

July 12, 2019 / - Gold rose on Thursday in Asia after the U.S. Federal Reserve indicated that it’s preparing to cut interest rates despite a strong U.S. jobs report released last week.Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 1% to $1,426.05 by 11:57 PM ET (03:57 GMT).Fed chairman Jerome Powell said overnight that the central ba...Read More

London Metal Exchange brands must show impact on environment - NGOs | Article [AMP] | Reuters

July 02, 2019 /

The London Metal Exchange (LME) must force its brands to disclose their impact o...Read full newsRead More

Gold Prices Gain on Global Trade Worries

July 04, 2019 / - Gold prices gained on Wednesday in Asia amid global trade worries.Gold futures for August delivery on the Comex division of the New York Mercantile Exchange traded at $1,429.75 a troy ounce by 1:21 AM ET (05:21 GMT), up 1.5%.U.S. President Donald Trump and Chinese leader Xi Jinping have agreed to resume trade talks, but traders are worried a deal will not happen in the near future...Read More

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