News and Reports

Year Ahead 2025

January 06, 2025

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

Year in Review 2023 and Outlook for 2024

January 04, 2024

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

Year in Review 2022 and Outlook for 2023

January 2023

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: The Heart of Global Copper

October 2021

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 Gold

June 2021

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 Gold Mining and Canadian Juniors

April 2021

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

An Overview of the Golden Triangle

July 2020

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

An Overview of Quebec Gold Mining

April 2020

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

An Overview of the Red Lake Mining District

January, 2020

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

Ur-Energy ramps up U.S. uranium production

December 19, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - Ur-Energy Inc. [URE-TSX, URG-NYSE American] said Monday it will ramp up production at its Lost Creek uranium mine in Wyoming.The move comes after the company said it has expanded the quantity to be delivered into sales agreement that was announced in August, 2022. At that time, the company said it had signed a multi-year sales agreement with a leading U.S. nuclear u...Read More

JCPenney Diamond Suspects Linked to $1.5m Series of Raids

December 18, 2022 / www.idexonline.com

(IDEX Online) - Four men arrested during a jewelry raid at a s JCPenney store may be linked to a series of heists that netted $1.5m.The suspects were apprehended as they smashed display cases with hammers to steal diamond jewelry at the at the CoolSprings Galleria, in Franklin, Tennessee, USA.Police say one suspect pepper-sprayed an employee and another tried to grab an officer's gun.There ha...Read More

Business Slumps in Surat, say Manufacturers

December 18, 2022 / www.idexonline.com

(IDEX Online) - Manufacturers in Surat says business is down by as much as 40 per cent as the ongoing war in Ukraine depresses markets in the US and Europe.Demand in China, where an easing of Covid restrictions has led to a spike in cases, is also weak. It usually accounts for a round a third of India's diamond exports.Many workers in India's cut-and-polish capital have had their wages c...Read More

Communism for the Rich

December 17, 2022 / dailyreckoning.com

My critics sometimes accuse me of being a communist, of all things.I must say, the irony of being accused of being a communist by many of these people is incredibly rich.That's because the policies I advocate in my writings are far, far more "free market" than any of theirs.I find my critics hide behind the slogan of free market capitalism, while practicing something entirely different - crony cap...Read More

How Brazil is becoming a global leader in the production of green metals

December 16, 2022 / www.northernminer.com

For years, Brazil was overlooked as a favourable mining jurisdiction within South America. But what's recently become apparent is that times are changing. The countries that were once deemed as go-to options are now experiencing civil unrest and political instability. While these countries no longer attract the investment dollars they once did, Brazil is emerging as a mining destination of choice....Read More

CMS 2022: Hecla steps up to meet 'extraordinary demand growth path,' says CEO Phil Baker

December 16, 2022 / www.northernminer.com

North America's oldest silver miner, Hecla Mining (NYSE: HL), is set to consolidate its position as the continent's primary silver leader. It is working to increase U.S. output by 20% and to become the most prominent Canadian silver producer by year-end.The 130-year-old company's CEO, Phil Baker, told the recent Canadian Mining Symposium in London that the 1.2 billion oz. silver market is growing...Read More

Eldorado Gold board okays Skouries gold-copper project restart

December 16, 2022 / www.northernminer.com

Canada's Eldorado Gold (TSX: ELD; NYSE: EGO) said the board has approved an investment decision and full restart of construction activities at its Skouries gold-copper project in northern Greece.The proposed mine, which has reserves of 3.7 million oz. of gold and 1.7 billion lb. of copper, was halted from 2017 to 2021 due to government delays in issuing permits and community opposition.After inkin...Read More

Robex to restart Nampala gold mine in Mali after artisanal miner dies

December 16, 2022 / www.northernminer.com

Robex Resources (TSXV: RBX) was set to restart operations at its Nampala gold mine in Mali after a trespasser was killed on Thursday and work was halted temporarily, the company said. A crowd of artisanal miners intruded onto the open-pit site in the West African country's south and encountered security, the company said in a news release. One other person was injured in the incident, Robex said...Read More

Is Jianxiawo the Simandou of lithium?

December 16, 2022 / www.mining-journal.com

Investors with an interest in iron ore know what that means because the Simandou project in Guinea has long threatened to destabilise the iron ore market and potentially crash the price of the steelRead More

Panama to shut Cobre Panama

December 16, 2022 / www.mining-journal.com

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDPresident Laurentino Cortizo called an Extraordinary State Cabinet meeting after talks with First Quantum ended without an agreement being reached.Read More

It's Wholesale Robbery!

December 16, 2022 / dailyreckoning.com

The latest inflation news was glorious, they said. The whole media told us so!It's easing, improving, better than it has been and headed in the right direction. So stop your kvetching and get out there and make (and spend) money. For that matter, throw around the credit card a bit and stop trying to save money.Inflation is all but done! It's pretty interesting because they have been saying this fo...Read More

Panama orders suspension of First Quantum's giant copper mine

December 16, 2022 / www.northernminer.com

Panama's government has ordered First Quantum Minerals (TSX: FM) to halt operations at its Cobre Panama copper mine after it failed to agree terms for a new contract with the Canadian miner.The move, unusual among Latin American countries, came after First Quantum missed a Wednesday night deadline to ink a new royalty deal that has been in the works since September 2021.The miner said on Friday...Read More

EnCore Energy wins court challenge to South Dakota uranium project

December 16, 2022 / www.northernminer.com

EnCore Energy (TSXV: EU; OTCQB: ENCUF) has won a court challenge to its US$32 million Dewey-Burdock uranium project in South Dakota. The Oglala Sioux Tribe and watchdog group Aligning for Responsible Mining wanted a United States appeals court to review its decision in August approving the Nuclear Regulatory Commission's (NRC) licence for enCore to mine uranium at the project about 150 km south...Read More

Rio Tinto closes Turquoise Hill deal

December 16, 2022 / www.mining-journal.com

Rio Tinto now fully owns Turquoise Hill, which has a 33% stake in Oyu Tolgoi. Turquoise Hill shares will cease trading. The deal was approved by Turquoise Hill shareholders in December 2022.Read More

Watch Out, China: Major Hypersonic Breakthrough

December 16, 2022 / www.outsiderclub.com

On December 9, the U.S. military made major headway in its effort to catch Russia and China, who have long outpaced us in cutting -dge weapons development. Indeed, while our two main geopolitical adversaries have already deployed hypersonic weapons - missiles that travel more than five times the speed of sound - the Pentagon has been trapped in the testing phase. Until now, it seems. Because la...Read More

Rio Tinto secures direct ownership of Oyu Tolgoi

December 16, 2022 / www.northernminer.com

Rio Tinto (NYSE: RIO; LON: RIO; ASX: RIO) is now the majority owner of the giant Oyu Tolgoi copper-gold mine in Mongolia, as it has completed its US$3.3 billion buyout of Canadian miner Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ).Shareholders of the Montreal-based company approved on Monday the deal that gives Rio Tinto control over the world's largest known copper and gold deposit, with a 66%...Read More

Getchell Gold Corp. Announces Resources Estimate at Fondaway Canyon, NV

December 15, 2022 / bit.ly

Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (Read full newsRead More

Japan Gold Intersects High-Grade Silver Mineralization at the Saroma Prospect

December 15, 2022 / bit.ly

Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) (Read full newsRead More

Indonesian coal miner named biggest stock winner of 2022

December 15, 2022 / www.mining-journal.com

For the year-to-date, Adaro's share price has surged by 1,167% to 1,710 IDR as of 15 December. The stock peaked at 2,990 IDR on 19 April before drifting lower.Read More

Fortescue lifts stake in Candente

December 15, 2022 / www.mining-journal.com

The miner will buy 22.2 million shares at 18c per share, a 26% premium to the five-day volume-weighted average price of Candente shares. FMG first invested in Candente in early 2020 and holds 52.Read More

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