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
Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedChaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.The company's president Darrin Campbell said the PEA on the potential supplier of ‘the two most valuabl...Read More
Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedChaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.The PEA sees an after-tax NPV5% of US$150.5 million, pre-production capital costs of $28.1 million, and a pay...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedShares in Gold Fields gained 6.25% to 15,850 rand on the Johannesburg Stock Exchange. Gold Fields announced i...Read More
The company said it anticipates ending the year at a run rate of approximately 3.4Mof of silver equivalent.Read More
The purchase of around 15.6 million shares is equal to around 7.1% of Centerra's total issued and outstanding shares.Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limited With that in mind, perhaps it should come as no surprise the minerals-intensive German car industry and...Read More
(IDEX Online) - An historic necklace from French Crown Jewels, set with diamonds and Burmese rubies, is being offered for sale, with a $375,000 price tag."This extraordinary necklace is truly fit for royalty," says MS Rau, antiques, jewelry and art sellers based in New Orleans, Louisiana, USA.The necklace was part of a huge collection, including items dating back 400 years, which was auctioned off...Read More
(IDEX Online) - US jeweler Kay is warning customers it may be forced to replace lab grown diamonds with natural diamonds. It blames "supply constraints".Lab growns retail at around half the price of natural diamonds, but are in short supply as global demand outstrips supply.Kay, the biggest jewelry brand in the US, with over 1,000 outlets, is advertising a $300 pair of sterling silver earrings, ?,...Read More
(IDEX Online) - Nineteen diamond workers were detained by police in Surat, India, as they prepared to hold a rally to demand better working conditions and more government support for the industry.Police said they had been denied permission to hold the event on Gandhi Jayanti, the public holiday on 2 October marking the birthday of Mahatma Gandhi, but were about to go ahead regardless.The Surat Dia...Read More
The payment results from ASCU's maiden resource estimate for the Parks-Salyer project that exceeds thresholds for contained copper included within EMX's royalty property footprint.Read More
Torex has also received approval from Mexican authorities to increase the power draw at the site to 45 megawatts (MW).Read More
Canada is a global hydrogen leader, yet there is ample potential to reduce, or even eliminate, the lightest element's carbon emissions-heavy current production methods, says Dr. Erin Bobicki, a minerals processing and microwave researcher with the University of Alberta.Bobicki is also a founding director of Aurora Hydrogen, a start-up developing technology for emission-free hydrogen production, wh...Read More
This week's episode features the Quebec Thought Leadership presentation from the Q3 Global Mining Symposium, featuring Jonathan Lafontaine, Mining Exploration Activity Monitor, Minist??re de l'??nergie et des Ressources naturelles; Christian Goulet, Pilote de syst??me, Minist??re de l'??nergie et des Ressources naturelles; James Moorhead, Resident Geologist, Minist??re de l'??nergie et des ressour...Read More
Exploits Discovery (CSE: NFLD) chief executive officer Jeff Swinoga has come from away, leaving high-crime Mexico for the warm-hearted community of Gander, Nfld. After helping raise US$400 million as chief financial officer of Torex Gold Resources' (TSX: TXG) El Limon Guajes mine in Guerrero state and stints at First Mining (TSX: FF) and consultant EY Canada, his new project is developing stakes...Read More
Educational data from the last several years reveals that young people in Canada are choosing careers other than mining. Forecasts from the industry show that demand for mining-related labour will only increase this decade. It all makes for an industry-wide dilemma and raises questions of how Canada can reach its potential, especially as the "EV revolution" gathers momentum.George Hemingway, Partn...Read More
One of the most exciting gold exploration stories in recent years has been Great Bear Resources and its Dixie gold project near Red Lake, Ont. The company was acquired by Kinross Gold (TSX: K; NYSE: KGC) in February - even before it had a chance to compile an initial resource for the high-grade, large-scale project. In September, Royal Gold (NASDAQ: RGLD) bought Great Bear Resources - a spinout o...Read More
Uranium Energy Corp. (NYSE-AM: UEC) has made a new discovery at the Christie Lake project in the eastern Athabasca Basin of northern Saskatchewan. The discovery hole encountered high-grade mineralization that averaged 7.8% eU3O8 (uranium oxide) over 9.1 metres and included a subinterval of 26.1% eU3O8 over 2.3 metres. The grades were estimated in-situ within the drill holes using calibrated dow...Read More
Centerra Gold (TSX: CG; NYSE: CGAU) has provided an updated life of mine plan for its Mount Milligan mine located in central B.C. that would extend the open pit mining and milling operation by four years to 2033. The updated plan incorporates an increased reserve base from the 2021 year-end calculations.As of Dec. 31, 2021, the Mount Milligan deposit is estimated to contain proven and probable res...Read More
Torex Gold (TSX: TXG) can begin operations at its flagship Media Luna gold project in Mexico, part of the company's Morelos property, after securing a key and final environmental permit from the country's Secretariat of Environment and Natural Resources (SEMARNAT).The Canadian miner, which is spending $19 million this year to add further resources to Media Luna, said the MIA Integral permit repre...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipChaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resources"Sunnyside has already been discovered so we are looking to show how big that deposit could ultimately be.Read More