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
I hope you're having a great start to the new year.Gold sure is.Gold prices reached a six-month high of over $1,850 an ounce yesterday after slowly climbing in December.Gold Price - One YearGold's market sentiment was pretty weak in the summer and fall of 2022, but by the end of the year, that changed - at least for those paying attention.I've really wanted to bring this up with you for a few week...Read More
The first phase of Osisko Development's (TSXV: ODV; NYSE: ODV) Cariboo gold project in central British Columbia makes little economic sense, say analysts about a new feasibility study. The study outlines a two-phase development.Over both phases, the underground mine would produce 1.9 million oz. over a 12-year life after construction costs of $137.3 million, according to the study released on Tues...Read More
The China Rare Earth Group, a merger of three of China's state-owned enterprises in 2021, controls up to a quarter of global mineral-bearing rare-earth elements (REE), giving Chinese central plannersRead More
(IDEX Online) - Luxury French jeweler Boucheron is using recycled industrial waste - which includes asbestos - in a new collection.Material that is usually crushed and used for road-building is vitrified - turned into a glassy (and harmless) substance called Cofalit - through heat and fusion.Claire Choisne, the company's artistic director, saw the potential to cut and polish it for jewe...Read More
Electra Battery Materials (TSX-V: ELBM; NASDAQ: ELBM) announced on Wednesday it will dispose of its non-core Canadian assets while retaining royalty interests in the properties.Under a 2021 share purchase and option agreement, junior Kuya Silver (TSXV: KUYA) already had the right to earn up to 70% of Electra's Silver Kings joint venture properties in Ontario. Now, Kuya can earn up to 100% by makin...Read More
With high interest rates, high inflation and reduced access to finance, 2022 was a challenging year for the mineral exploration sector.But unofficial financial numbers point to a solid start for 2023 for exploration activity in British Columbia, says Kendra Johnston, the Association for Mineral Exploration B.C.'s president and CEO ahead of the organization's annual Roundup event in Vancouver Jan....Read More
Canada Nickel's (CVE:CNC) latest test work results support the incorporation of carbon capture and storage into processing at its Crawford project in Timmins, Ont. Its method, known as in-process tailings (IPT) carbonation accelerates the carbon capture and storage process, which the miner believes has transformative potential, it said in a news release on Wednesday. "We believe the Crawford pr...Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpThe ASX-listed company's 50.Read More
Latin America-focused Nexa Resources (NYSE: NEXA) has suspended production at its Atacocha San Gerardo open pit zinc mine in Peru after a road blockade was erected on Dec. 27 by a local Machcan community.The zinc producer, controlled by Brazilian holding company Votorantim SA, said the obstruction of road access to the mine hasn't had a material impact on Atacocha's production to date.Nexa not...Read More
(IDEX Online) - An Indian jeweler has set a world record with a watch made of 17,524 natural hand-cut diamonds.Renani Jewels, in Meerut, Uttar Pradesh, has been recognized by Guinness World Records for its Srinika bracelet timepiece, for "the most diamonds set on a watch".The watch, inspired by ancient Indian mythology, weighs 373.030 gram and contains 54.70 carats of diamonds, all E or F color an...Read More
The initial three-year phase contemplates a 1500tpd operation from the Lowhee, Shaft and Mosquito deposits to produce 72,501ozpa with underground development to ramp up operations to 4,900tpd in yearRead More
The net proceeds of the NSR sale will be used by Skeena to fund additional exploration and development activities at Eskay Creek, which is located in British Columbia's so-called "Golden Triangle",Read More
NioCorp Developments (TSX:NB; OTCQX:NIOBF) reported a rare earth dissolution rate of 86-95% at its demonstration plant in Trois-Rivieres, Que., the company said Wednesday. That rate was obtained through hydrochloric acid leaching of ore mined at NioCorp's Elk Creek project in southeast Nebraska, the company said in a news release. In further solvent extraction recovery steps, the rare earths load...Read More
Mike Mueller, analyst at Canaccord Genuity, joins BNN Bloomberg for his view on the energy sector, particularly natural gas names. Mueller says there is a positive case for names like Crew and I3 Enery, including i3's 2023 dividend icrease plan.Read full newsRead More
Mike Mueller, analyst at Canaccord Genuity, joins BNN Bloomberg for his view on the energy sector, particularly natural gas names. Mueller says there is a positive case for names like Crew and I3 Enery, including i3's 2023 dividend icrease plan.Read full newsRead More
iMetal Resources Inc. (TSXV:IMR)(OTC PINK:ADTFF)(FRANKFURT:A7V) (Read full newsRead More
The Panama government on January 2 said it had presented its final contract offer to the firm.Read More
I hope you had a very happy and safe holiday season. 2022 is now in the rearview mirror, and it's time to look ahead to 2023. But in order to get a better idea of where we're going, it helps to remember how we got here.To say that 2022 was volatile and confusing for investors is clearly an understatement. Stocks crashed during most of the first half of 2022, rallied back in July and August, droppe...Read More
Humanity is putting all its eggs into one leaky, inefficient, and potentially explosive basket. Hydrogen is not going to save the world from carbon emissions. For decades now, it's been an elusive prize for engineers seeking an ideal green fuel source for hard-to-electrify industries like steel, chemical refining, and shipping.But in reality, it's hard to imagine a fuel that would be worse than h...Read More
Is there a financial calamity worse than a severe recession in early 2023? Unfortunately, the answer is "yes" and it's coming quickly.That greater calamity is a global liquidity crisis. Before considering the dynamics of a global liquidity crisis, it's critical to distinguish between a liquidity crisis and a recession. A recession is part of the business cycle.It's characterized by higher unemploy...Read More