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
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe Canadian government has released legislation to modernise th...Read More
In April, it published a 287Mt grading 0.79% copper equivalent indicative starter pit at Warintza Central within a larger 1.5Bt resource."We are trying to deliver high-value, high-impact growth in expanding the size of the start-up, which is a key contributor to the robust economics of this project. We are going to continue to expand on the start-up to take that resource to over 500Mt with this dr...Read More
JCHX, which previously invested C$11 million into Cordoba in November 2019 for a 19.Read More
as well as numerous high-grade intercepts including:47.6 G/T AU OVER1.8M27.8 G/T AU OVER1.3M20.2 G/T AU OVER3.0 M Freegold Ventures Limited (Freegold) (TSX: FVL) (OTCQX: FGOVF) is pleased to report results from an additional seven holes ( 5,997.7m ) from its drill pr...Read full newsRead More
(IDEX Online) - The mined diamond sector is being "cannibalized" as almost three quarters of jewelry retailers now sell lab growns, according to new research by The MVeye, market research specialists in gems and jewelry. Most of them say margins are 20 per cent to 40 per cent higher than mined diamonds. The survey found 72 per cent sell lab grown, and half of those who don't currently ar...Read More
(IDEX Online) - Zimbabwe's central bank is to buy up excess diamonds in a government-structured deal aimed at outlawing smuggling and corruption.The government hopes the arrangement with the Reserve Bank of Zimbabwe (RBZ) will help it clear an $80m debt owed to the Trade and Development Bank (TDB), formerly the PTA Bank, according to the Zimbabwe Independent newspaper.It said the bank had con...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipFeasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpThe successful delineation of this material could result in an increased mine life for Integra's proposed...Read More
Manchin, chairman of the influential Senate Energy and Natural Resources Committee, had been pressing for the inclusion of permitting reform for energy and minerals projects in the defense act,Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe CEO - whose company suspended construction on its flagship $...Read More
The Young Mining Professionals Scholarship Fund (YMPSF) has this year awarded $210,000 to 44 students pursuing mining-related programs at post-secondary institutions across Canada. "This year, 2022, is the fifth year of the program, which Iamgold and Orefinders Resources started in 2018 with $12,000 in scholarships awarded to candidates," said Anthony Moreau, director of the YMP Scholarship Fun...Read More
As a writer, you don't always get to write exactly what you want.Of course you can't write everything on your mind, just like you can't say everything on your mind out loud, but writers are often compelled in some way (either with the carrot or the stick) to write something they wouldn't have come up with by themselves.That was the case in 1950 when American composers Jay Livingston and Ray Evans...Read More
A day that will live in infamy...Do we refer to Dec. 23, 1913 - the date Mr. Wilson signed the Federal Reserve Act into law?Or Aug. 15, 1971... the date old Nixon banged shut the gold window?Or perhaps even Jan. 20, 2021, the date when the most popular and beloved president in history vacated the White House?No. We refer of course to Dec. 7, 1941 - 81 years ago today - when naval and air forces of...Read More
Galway Metals (TSXV: GWM; US-OTC: GAYMF) is suspending drilling temporarily at its flagship Clarence Stream gold project in New Brunswick and also at its Estrades polymetallic project in Quebec due to "prevailingly weak market conditions for exploration companies," and said it is making the move to "conserve capital".The decision follows Galway's decision to cut its fleet of drills at Clarence Str...Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDWith steel consumers such as automakers looking to reduce their...Read More
West African Resources (ASX: WAF) acquired 90% of the Kiaka gold project in Burkina Faso from B2Gold (TSX: BTO; NYSE-AM: BTG) in November 2021 and says it plans to start major works in early 2023 with the first gold pour forecast for 2025.Once in production, Kiaka will be the Australian company's second gold mine, after pouring first gold at its Sanbrado gold mine, 90 km east-southeast of the capi...Read More
Glencore has a corporate goal to be net zero by 2050. In its 2019 baseline year, the company emitted 373Mt of CO2 equivalent. It targets a 15% reduction by 2026 and 50% by 2035.Read More
The company is exploring opportunities, both in its own right and via its 51:49 joint venture with IGO, Tianqi Lithium Energy Australia (TLEA), which owns the Kwinana lithium hydroxide plant and isRead More
Patriot raised A$4.2 million via the issue of 7 million CHESS depositary interests at 60c each, with each CDI equivalent to one share. CDIs rose as high as $1.31 and closed 115% higher at $1.29.Read More
Codelco's investment options are highly politicised, with the company colloquially referred to as the ‘salary of Chile' given its contribution to the national budget and employment.Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDBoluarte, a lawyer and Peru's first female president, aims to br...Read More