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
To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More
U.S. President Donald Trump's decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law, according to federal officials.Starting at 6 a.m. on Feb. 2 - the moment Trump's proclamation reducing the size of the Bears Ears and Grand Staircase-Escalante Natio...Read More
To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More
To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More
U.S. President Donald Trump's decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law, according to federal officials.Starting at 6 a.m. on Feb. 2 - the moment Trump's proclamation reducing the size of the Bears Ears and Grand Staircase-Escalante Natio...Read More
U.S. President Donald Trump's decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law, according to federal officials.Starting at 6 a.m. on Feb. 2 - the moment Trump's proclamation reducing the size of the Bears Ears and Grand Staircase-Escalante Natio...Read More
To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More
To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More
To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More
VANCOUVER, Jan. 30, 2018 /CNW/ - (TSX-V: BCK) - Blind Creek Resources Ltd. ('Blind Creek' or the 'Company') is pleased to announce the filing on SEDAR of a ...Read full newsRead More
When Advanced Micro Devices Inc. reports earnings, investors will look at the results for clues about how cryptocurrency mining is figuring into sales and the forecast for indications about the effects of chip-design flaws.Read full newsRead More
The Alaska Department of Environmental Conservation has released two draft permits that tackle one of the mine's thorniest issues: how the company plans to dispose of chemicals like arsenic next to a river of subsistence fishermen.Read full newsRead More
VANCOUVER - Quarterly gold production at SSR Mining Inc.'s Nevada mine rose in the fourth quarter of 2017, the company reported in results released mid-January. Overall, SSR met or exceededRead full newsRead More
SHANGHAI, Jan 31 (SMM) - China’s official manufacturing purchasing managers’ index (PMI) for January stood at 51.3 points, marking the 18th consecutive month it has been above the 50-point level that separates expansion from contraction. The reading, however, was lower than December’s manufacturing PMI and market expectation at 51.6 points. For editorial queries, please...Read More
SHANGHAI, Jan 31 (SMM) - China’s official manufacturing purchasing managers’ index (PMI) for January stood at 51.3 points, marking the 18th consecutive month it has been above the 50-point level that separates expansion from contraction. The reading, however, was lower than December’s manufacturing PMI and market expectation at 51.6 points. For editorial queries, please...Read More
SHANGHAI, Jan 31 (SMM) - China’s official manufacturing purchasing managers’ index (PMI) for January stood at 51.3 points, marking the 18th consecutive month it has been above the 50-point level that separates expansion from contraction. The reading, however, was lower than December’s manufacturing PMI and market expectation at 51.6 points. For editorial queries, please...Read More
When Advanced Micro Devices Inc. reports earnings, investors will look at the results for clues about how cryptocurrency mining is figuring into sales and the forecast for indications about the effects of chip-design flaws.Read full newsRead More
Suncor has announced it will proceed with the phased implementation of autonomous haulage systems (AHS) at company-operated mines, starting with the North Steepbank mine. Over the next six years, the company expects to deploy more than 150 autonomous haul trucks in the full program, which will be one of the largest investments in electric autonomous vehicles in the world.Following thorough evaluat...Read More
The stock market's been down these past couple of days, but the new year has basically been an extension of the run higher in U.S. equities.But what should you think about the recent correction in cryptocurrencies?Bitcoin, for example, is trading at around $10,000 this morning after peaking around $20,000 last month.This market moves awfully fast. But let's review what's been happening in the cryp...Read More
For the better part of the past two years, we've stuck to our bullish call on residential real estate.Our thesis was simple enough. The housing bust and ensuing financial crisis gutted the market and scared away buyers for years. When demand tanked, builders shifted their focus to multi-family units. Single-family home construction took a dive, supply tightened, and builders were slow to react onc...Read More