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
West Africa-focused gold producer Avocet Mining (LON:AVM) has finally concluded the three-times delayed sale of some key assets in Burkina Faso for $5 million to Ghana-based Balaji Group, a move that should avoid a looming bankruptcy.The $5-million deal includes the Inata gold mine and the Souma exploration project.The transaction, which includes the Inata gold mine and the Souma exploration pro...Read More
Canada's top uranium producer Cameco (TSX:CCO) (NYSE:CCJ) injected some optimism in the depressed yellow powder market by posting a better-than-expected quarterly profit, on the back of improved prices and its efforts to cut production to ease a current oversupply.Uranium prices have fallen more than 70% since the Fukushima disaster in 2011, remaining low since then as a result of global glut of...Read More
Namibia's top diamond producer, Namdeb, a 50/50 joint venture company between the country's government and De Beers it's selling its Elizabeth Bay mine in a move that will affect at least 130 of its 1,700 employees.The announcement comes three weeks after the company wrote to staff offering voluntary redundancies, saying the move sought to ensure the sustainability of Namdeb land-based operations....Read More
Published on: Feb 9, 2018 | by finfeedASX small-cap, Pure Minerals (ASX:PM1), this morning updated the market with additional results from the first phase of drilling at its Battery Hub manganese project, situated in WA's renowned Gascoyne region.Encouragingly, drilling indicates the presence of high-grade mineralisation exceeding 30 per cent manganese within zones of thick, continuous mineralisat...Read More
Canada's top uranium producer Cameco (TSX:CCO) (NYSE:CCJ) injected some optimism in the depressed yellow powder market by posting a better-than-expected quarterly profit, on the back of improved prices and its efforts to cut production to ease a current oversupply.Uranium prices have fallen more than 70% since the Fukushima disaster in 2011, remaining low since then as a result of global glut of...Read More
WINDHOEK – Namdeb, a 50/50 joint venture between the Namibian government and Anglo American's diamond unit De Beers, has put the Elizabeth Bay Mine on sale, a company spokesperson said on Friday.The sale comes three weeks after the diamond miner wrote to staff offering voluntary redundancies that will affect at least 130 of its 1 700-strong workforce.Advertisement"Following a recent...Read More
Independent Investment Research has published a detailed research report on PolarX's Alaska Range Project which provides an in-depth analysis of the Company and its core project.For further details, click here to access the full report. Read More
Say goodbye to your senior discounts, no cover lady’s nights, and free entry for children.Unless of course, you think the latest court ruling on discrimination won’t be applied evenly…The popular dating app Tinder allows you to swipe a user’s picture left to reject a potential match, and swipe right in the hopes that they do the same and you match.The app is free. But there...Read More
Say goodbye to your senior discounts, no cover lady’s nights, and free entry for children.Unless of course, you think the latest court ruling on discrimination won’t be applied evenly…The popular dating app Tinder allows you to swipe a user’s picture left to reject a potential match, and swipe right in the hopes that they do the same and you match.The app is free. But there...Read More
Zinc smelters are set to accept lower fees for processing concentrate into metal when annual contracts are hammered out next week at a conference in California, as a crunch in mine supply stretches into a third year.Read full newsRead More
Mine production rose "fractionally" from 3,263 tonnes in 2016 to 3,268.7 tonnes in 2017, the World Gold Council says in its latest report on demand trends.Read full newsRead More
Angkor Gold Corp. (TSXV:ANK) (OTC:ANKOF) ("Angkor" or "the Company") Executive Chairman Mike Weeks is pleased to announce the continuation of Angkor's exploration program at Halo on its Oyadao South license in conjunction with its exploration partner, Japan Oil, Gas and Metals National Corporation ("JOGMEC").Read full newsRead More
Enforcer Gold Corp ('Enforcer' or the 'Company') (TSX-V: VEIN; FSE: N071) is pleased to announce it has further refined drill targets for its 1,500 m diamond drilling program on the newly discovered OR79 zone at the Company's Montalembert gold project.Read full newsRead More
Canuc Resources Corporation (TSXV: CDA) ('Canuc' or the 'Company') is pleased to announce initial results from a recently completed surface rock sampling program conducted at the Carranza and Lydia zones on the Company's San Javier project, Sonora, Mexico.Read full newsRead More
Arizona Silver Exploration Inc. (the 'Company' or "Arizona Silver") (TSXV:AZS) (OTCQB:AZASF) announces that it has been approved to trade on the OTCQB (R), Venture Market for qualified companies.Read full newsRead More
The Dow made another outsized move today, eventually spiraling to a 1,000-point loss and entering correction territory. It was a similar setup on the S&P 500 and Nasdaq, too, which each lost more than 3%. Stocks were againrocked bya big spike in volatility, with the VIX jumping back atop the 30 handle. The risk-off session was sparked by more fears of rising interest rates -- with the 10-year Trea...Read More
Spearmint Resources'(TSXV:SRJ) recently got featured on InvestmentPitch Media regarding the company's latest news around recieveing the Notice of Intent to Drill from the State of Nevada Commission On Mineral Resources.Read full newsRead More
ALGOLD RESOURCES LTD. (TSXV:ALG) ("Algold" or the "Corporation") today announced assay results from a trenching and pitting program carried out in late Q4 2017 at the high-grade Salma zone located at the Corporation's Tijirit project in Mauritania.Read full newsRead More
Volatility continues to run rampant on Wall Street today, with the Dow last seen down over 600 points. Among individual stocks moving lower today are automaker Tesla Inc (NASDAQ:TSLA) and high-end retailer Canada Goose Holdings (NYSE:GOOS), though tech concern Infinera Corp. (NASDAQ:INFN) is soaring. Here's a closer look at what's moving shares of TSLA, GOOS, and INFN today.Tesla Stock Stall...Read More
Westhaven Ventures Inc. (TSX-V:WHN) (WKN:A2AP3Q) is pleased to announce that it has been assigned the Legal Entity Identifier ("LEI") number 2549006LQ1TAHZLTOF64.Read full newsRead More