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
Intro:By Fay Dress of the Soren K. GroupIt should be pointed out that China has been working on this for decades. If nothing else they are master strategists and long term thinkers. But as a returning professor from Hong Kong and sometime contributor to the SKG writers said to us recently: There are big problems over there.The Chinese lack entrepreneurship,creativity, and creative problem s...Read More
From safety-deposit boxes in leafy west London to high-security facilities housing gold and silver in Frankfurt, companies that store valuables are expanding to meet demand. A rush into haven assets that began during the financial crisis is getting a new lease on life from an upsurge in populist politics and a quickening of inflation. Two firms say they're planning to open vaults in Europe capab...Read More
Minning JournalLog in or subscribe to access this article LOGIN HEREAlready a member?EmailPassword Remember meForgot password ?CancelLost Password Email addressBe everywhere in miningAccess the industry's go-to information resource, with coverage that adds insight to industry topics, trends and issues that matter in the macro environment.Digital3 Users: ?25 per user, per monthSUBSCRIBE NOWThe i...Read More
The Africa-focused junior last week announced it would draw down the remaining half of a ?400,000 loan from Paracale Gold, which will help fund GoldStone into early 2018, and convert the loan amount plus interest into shares.GoldStone's directors also agreed to convert accrued and future salaries and fees through to the end of September into new ordinary shares to preserve cash.The measures follo...Read More
The pair have signed a heads of agreement to discuss potential collaboration in mineral exploration, both inside and outside China.Minmetals chairman He Wenbo said the partnership would help "secure mutual global opportunities for quality resources" and enhance the company's long-term development in the mining sector.Rio CEO J-S Jacques said Minmetals was rapidly becoming an important player in th...Read More
TMAC Resources (TSX: TMR) has officially kicked off commercial production at its Doris gold mine and mill at the Hope Bay project in Canada's far north, which has now become Nunavut's second operating gold mine and the first one ever in the western area of the Territory.The explorer, which poured its first gold bar at the mine in February, is celebrating the ramp up toward full production by flyi...Read More
TMAC Resources (TSX: TMR) has officially kicked off commercial production at its Doris gold mine and mill at the Hope Bay project in Canada's far north, which has now become Nunavut's second operating gold mine and the first one ever in the western area of the Territory.The explorer, which poured its first gold bar at the mine in February, is celebrating the ramp up toward full production by flyi...Read More
The headline intercept also included 15.2m at 16.47g/t gold, below the modelled pit bottom.Other highlights from the latest assay results included 76.2m grading 0.81g/t; and 50.3m at 1.43g/t, including 12.2m at 4.55g/t gold.The Oro Belle Trend is within the region of the historic JSLA pit and CEO Gerald Panneton said the current programme had "definitely achieved its objective" of demonstrating th...Read More
Anglo American (LON:AAL), the world's fifth largest diversified miner, has appointed Stuart Chambers to succeed Sir John Parker as chairman of the group.Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.Stuart Chambers is known for his active participation in the sale of several UK companies, includi...Read More
Anglo American (LON:AAL), the world's fifth largest diversified miner, has appointed Stuart Chambers to succeed Sir John Parker as chairman of the group.Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.Stuart Chambers is known for his active participation in the sale of several UK companies, includi...Read More
Anglo American (LON:AAL), the world's fifth largest diversified miner, has appointed Stuart Chambers to succeed Sir John Parker as chairman of the group.Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.Stuart Chambers is known for his active participation in the sale of several UK companies, includi...Read More
A $1.8 million coin trilogy boasting coloured diamonds found at Rio Tinto's Argyle mine has been unveiled at the Perth Mint with international buyers already showing interest in the unique collection.The Australian Trilogy is comprised of three one-kilogram coins struck from gold, platinum and rose gold, with each featuring a different native animal.Each of the precious metals coins has either a...Read More
Minning JournalLog in or subscribe to access this article LOGIN HEREAlready a member?EmailPassword Remember meForgot password ?CancelLost Password Email addressBe everywhere in miningAccess the industry's go-to information resource, with coverage that adds insight to industry topics, trends and issues that matter in the macro environment.Digital3 Users: ?25 per user, per monthSUBSCRIBE NOWThe i...Read More
According to a research report released by Technavio, the global connected car market is expected to reach USD 144.95 billion by 2020 and growing at a CAGR of more than 32%.The demand for in-vehicle connectivity and telematics has led to technological improvements, which aim at enhancing the overall in-vehicle experience of both the passengers and drivers. Siyata Mobile Inc. (TSX-V:SIM |...Read More