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
In 2022 a new buzzword started to be heard more and more at mining conferences and in company presentations: deglobalisation.Read More
Robert MacDonald, vice-president exploration for Southern Silver Corp. discusses the flagship Las Minitas silver-lead-zinc project in western Mexico and its recent preliminary economic assessment. MacDonald spoke with Northern Miner staff reporter Henry Lazenby at VRIC in January.Read More
Look beyond market approach to project valuations: van ZylLeadershipExcellon CEO hails 'transformational' La Negra acquisitionSPONSOREDexcellon resourcesSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesApollo sees stars align at CalicoSPONSOREDapollo silverThe company said the Q4 loss came amid lower copper prices and "inflatio...Read More
Paul Gill, executive chairman of Lomiko Metals, discusses the company's La Loutre graphite project, which was the subject of a positive preliminary economic assessment in 2021, and its lithium exploration joint venture in Quebec. Gill spoke with Northern Miner staff reporter Henry Lazenby at the Vancouver Resource Investment Conference (VRIC) in January. Read More
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is pushing through a deadlock with Mexican authorities and the worst riots in Peru in decades without cutting production, even as it remains on schedule for first gold in C??te d'Ivoire within months.Vancouver-based Fortuna, which also operates in Argentina and Burkina Faso, expects to be fighting the Mexican government in court well into next year over a...Read More
This year's Mining Indaba conference was notable for two things. One was the prominent presence of both Chinese and U.S. delegations looking for critical minerals partners in Africa. The other was that it shone a glaring spotlight on South Africa's deepening energy crisis. Just two days after speaking at Indaba in Cape Town, South Africa's president Cyril Ramaphosa declared a state of disaster in...Read More
Northwest Copper (TSXV: NWST) has released the final assay results from last year's Central zone drilling at the Kwanika copper-gold deposit in British Columbia, indicating a larger mineralized footprint that could lead to resource growth.Assay results from hole 22-248 expand the footprint of copper-gold mineralization north of the resource pit as outlined by the recent preliminary economic assess...Read More
We acknowledge an oversight.We have been so deeply entranced by the Ukraine war, by the alleged United States destruction of the Nord Stream pipeline, by the sudden profusion of unidentified aerial objects in American skies, by the high comedy of the White House "press conferences" attending them...That we have neglected a topic of much recent discussion. That topic is the accelerating march of ar...Read More
The company said the Q4 loss came amid lower copper prices and "inflationary pressures". Per share, it amounts to $0.03/share.Read More
(IDEX Online) - Dozens of diamond traders in Surat have been reunited with almost $1m of goods that were fraudulently taken by a broker without payment. Thirty-two victims handed over diamonds to a trusted broker on 27 January, in many cases without receiving payment. He'd worked as broker for seven years and his father before him was a broker for 25 years. He switched of...Read More
Chile's environmental regulator SMA said on Wednesday it had issued fresh measures against a copper mine owned by Lundin Mining (TSX: LUN) after detecting new leaks around a sinkhole that opened up last year near one of the company's mines.The huge 36-metre-diameter sinkhole that appeared in late July in the Tierra Amarilla commune, close to the Alcaparrosa mine, drew widespread global attention...Read More
Apollo sees stars align at CalicoSPONSOREDapollo silverExcellon CEO hails 'transformational' La Negra acquisitionSPONSOREDexcellon resourcesSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resources Asante targets 400,000oz in 2023SPONSOREDasante gold corporationThe investment in Kabanga will bring BHP's share in the project, in which i...Read More
Anglo American Platinum (JSE: AMS) announced on Wednesday that its first female chief executive officer, Natascha Viljoen, is leaving the miner after three years to join Newmont Mining (TSX: NGT; NYSE: NEM), the world's largest gold producer.Viljoen, who has held the top job at the biggest platinum group metal miner (also known as Amplats) since April 2020, will remain as CEO until completion of h...Read More
I started my investment career almost 30 years ago, on August 26, 1994. That's the exact date I started with a small, unconventional "media" firm that specialized in contrarian opinions about the economy, society, politics, and especially investments.I was 25 years old and freshly out of graduate school. Bill Clinton was president and the U.S. was in a severe recession.I graduated cum laude and wa...Read More
(IDEX Online) - Gemfields has again been forced to evacuate workers amid ongoing violence in Mozambique.It follows an attack blamed on Islamic State-linked insurgents at a village 15km from a site where a site of ruby exploration.Gemfields, the UK-based gemstone miner, was forced to halted operations at its Montepuez ruby mine, and to evacuate the site last October after another attack by rebels o...Read More
Diane Archie, deputy premier and minister of infrastructure in the Northwest Territories discusses advancing major road and mine projects in the Far North. Archie spoke with Northern Miner staff reporter Henry Lazenby at AME BC Roundup in January.Read More
TechPrecision Corp (OTCQB:TPCS) Q3 2023 Earnings Conference Call February 14, 2023 4:30 PM ETCompany ParticipantsBrett Maas - Hayden IRAlexander Shen - CEO, President & DirectorThomas...Read full newsRead More
Standard BioTools Inc. (NASDAQ:NASDAQ:LAB) Q4 2022 Earnings Conference Call February 14, 2023 5:00 PM ETCompany ParticipantsPeter DeNardo - IRMichael Egholm - CEO and PresidentVikram Jog -...Read full newsRead More
The following slide deck was published by Herbalife Nutrition Ltd.Read full newsRead More
The 4 factor dividend growth portfolio was launched on November 1st, 2022, and is thus far off to a great start. Click here to read my latest update.Read full newsRead More