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
Rising mineral prices and the struggle to earn a living from agriculture have led to an "explosive growth" in global artisanal and small-scale mining (ASM) in the last few years, a new study published Monday shows.Artisanal and small-scale miners produce about 20% of the current global gold supply.According the report, produced by Canada's Intergovernmental Forum on Mining, Minerals, Metals and Su...Read More
Mining giant Rio Tinto (LON:RIO) is setting up a new office in Mongolia, independent from its massive Oyu Tolgoi copper and gold mine, which will focus on exploration and local links.The opening of the new unit, based in capital city Ulaanbaatar, shows Rio's vote of confidence in a nation that has recently been on Oyu Tolgoi's case.The new office, separate from Rio's presence in the Oyu Tolgoi m...Read More
A collapse at an abandoned gold mine in Uzbekistan has resulted in one death and roughly 20 trapped underground.Radio Free Europe reported on Thursday that around 30 illegal gold miners managed to escape after the cave-in in Sarmarkand – located in the country's southeast. About 20 could not make it back up to surface. The mine used to be run by state-owned Navoiy Mining and Metallurgy Comb...Read More
(IDEX Online) - Hilde Hardeman, a foreign services chief for the European Commission (EC), is to serve as the Chair of the Kimberley Process this year. Hardeman heads the EC's Service for Foreign Policy Instruments (FPI), a body which runs some part of the European Union's diplomatic work. The EU announced earlier in January that the KP Chair position would be held by Federica Mogh...Read More
JOHANNESBURG (miningweekly.com) – A new report has revealed explosive growth in the number of artisanal and small-scale miners worldwide over the past two decades amid rising mineral prices and a general struggle in earning a living from agriculture.The Intergovernmental Forum (IGF) on Mining, Minerals, Metals and Sustainable Development estimated a more than doubling in the number of artisa...Read More
The US Army Corps of Engineers confirmed in January that the Pebble permit application is complete, which drew a line under an acrimonious battle between the company and the US Environmental Protection Agency. The EPA previously claimed jurisdiction over the Pebble permit application and essentially gave a pre-emptive decision against it.Read More
Palisade Research January 22, 2018 Category: Research This morning Mexican Gold released the final assays of its 2017 program. . .The results focused on the Eastern extent of El Dorado/Juan Bran, where the Dike Contact has only seen one drill hole in the past.Currently, the west contact zone has been outlined for over 360 meters along strike. Today's assays outline high-grade mineralization on the...Read More
Palisade Research January 22, 2018 Category: Research This morning Mexican Gold released the final assays of its 2017 program. . .The results focused on the Eastern extent of El Dorado/Juan Bran, where the Dike Contact has only seen one drill hole in the past.Currently, the west contact zone has been outlined for over 360 meters along strike. Today's assays outline high-grade mineralization on the...Read More
Palisade Research January 22, 2018 Category: Research This morning Mexican Gold released the final assays of its 2017 program. . .The results focused on the Eastern extent of El Dorado/Juan Bran, where the Dike Contact has only seen one drill hole in the past.Currently, the west contact zone has been outlined for over 360 meters along strike. Today's assays outline high-grade mineralization on the...Read More
Ubika Gold 20 Index has climbed 10.8% during the past five weeks, outperforming its benchmarks the Gold Spot price and the Global Gold IndexThis Content is Exclusive to Our MembersLogin belowRegisterLost your password?The Ubika Gold 20 Index has climbed 10.8% since our last report dated December 11, 2017, outperforming its benchmarks, the Gold Spot price and the Global Gold Index, which returned 6...Read More
What is this wizardry?We live in the future now. Backflipping robots, driverless cars and now the Shapeshifters have arrived.Have you heard of the new software that can make a sunny street appear snow covered in real time? It’s called ‘Image Translation.’Put on some goggles and you’ll make Alaska look like Hawaii.Or how about the software that changes the facial movements y...Read More
What is this wizardry?We live in the future now. Backflipping robots, driverless cars and now the Shapeshifters have arrived.Have you heard of the new software that can make a sunny street appear snow covered in real time? It’s called ‘Image Translation.’Put on some goggles and you’ll make Alaska look like Hawaii.Or how about the software that changes the facial movements y...Read More
Think it's time for the rocking chair when you're in your 70s? Dakota Fred Hurt talks to us about the thrills and dangers of extreme mining on Gold Rush: White Water!Read full newsRead More
VRIC 2018 top picks predictions - Marin Katusa, Rick Rule, and Frank Holmes The Vancouver Resource investment conference kicks off on Sunday morning with Marin Katusa, Rick Rule, and Frank Ho...Read full newsRead More
A collapse at an abandoned gold mine in Uzbekistan has resulted in one death and roughly 20 trapped underground.Radio Free Europe reported on Thursday that around 30 illegal gold miners managed to escape after the cave-in in Sarmarkand - located in the country's southeast. About 20 could not make it back up to surface. The mine used to be run by state-owned Navoiy Mining and Metallurgy Combine bu...Read More
A collapse at an abandoned gold mine in Uzbekistan has resulted in one death and roughly 20 trapped underground.Radio Free Europe reported on Thursday that around 30 illegal gold miners managed to escape after the cave-in in Sarmarkand - located in the country's southeast. About 20 could not make it back up to surface. The mine used to be run by state-owned Navoiy Mining and Metallurgy Combine bu...Read More
Demand and prices for virtually all industrial materials and commodities - from lumber and copper to oil and agricultural products - made for strong gains in 2017, and "synchronized" global economic growth promises to continue pushing prices up throughout 2018 and 2019, according to Scotiabank Economics."Scotiabank Economics is forecasting, for the first time since the global financial crisis, tha...Read More
Perseus Mining (ASX,TSX:PRU) will soon start pouring gold from its Sissingu?(C) gold mine in C??te d'Ivoire, having delivered the first crushed ore to the mill and processing plant earlier this month.Dual-listed Perseus already has a producing mine, the Edikan gold mine in Ghana, which comprises a group of large gold deposits located in the Ashanti gold belt. The Sissingu?(C) mine would be the...Read More
Perseus Mining (ASX,TSX:PRU) will soon start pouring gold from its Sissingu?(C) gold mine in C??te d'Ivoire, having delivered the first crushed ore to the mill and processing plant earlier this month.Dual-listed Perseus already has a producing mine, the Edikan gold mine in Ghana, which comprises a group of large gold deposits located in the Ashanti gold belt. The Sissingu?(C) mine would be the...Read More
Perseus Mining (ASX,TSX:PRU) will soon start pouring gold from its Sissingu?(C) gold mine in C??te d'Ivoire, having delivered the first crushed ore to the mill and processing plant earlier this month.Dual-listed Perseus already has a producing mine, the Edikan gold mine in Ghana, which comprises a group of large gold deposits located in the Ashanti gold belt. The Sissingu?(C) mine would be the co...Read More