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
"You could call that stagflation."Those are the words of the once-revered Ben Bernanke, giving his outlook for the near-term future of the American and world economies. Strange, isn't it, how the Fed's ex-chairman tends to be more honest with us than the present one.After Alan Greenspan left the position, he wrote a pretty good book decrying the whole existence of the fiat money regime, while Bern...Read More
This summer was notable for clashes with Russia and China over Ukraine and Taiwan, respectively. And amid that backdrop, the United States advanced a multibillion-dollar push to develop new super-weapons capable of competing with our adversaries.Indeed, with world order thrown into chaos, the U.S. rushed to complete tests for four different hypersonic weapons this past summer, registering one fai...Read More
Rover Metals is a junior exploration company in precious metals and critical minerals, including Zinc, Copper, Silver, and Lithium. Stock exchange listings include TSXV, OTCQB, and FRA. Specializing in North American development projects.Read full newsRead More
Formal study in 2023Read full newsRead More
Granada Gold Mines CEO Frank Basa joined Steve Darling from Proactive to share news the company is reporting the first rubidium mineral resource estimate at ...Read full newsRead More
(TheNewswire) Vancouver, British Columbia TheNewswire - September 8, 2022 Xander Resources Inc. (Read full newsRead More
FPX Nickel (TSXV: FPX; OTC: FPOCF) has announced results of an internal engineering scoping study evaluating the production of nickel sulphate for the [...]Read full newsRead More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe project's been given a $336.5 million cost to build with a 3.3-year payback period once production starts.Read More
Share this article VANCOUVER - Moneta Gold Inc. [ME-TSX, MEAUF-OTCQX, MOP-XETRA] has released the results of a preliminary economic assessment (PEA) for its Tower Gold project in Timmins, Ontario.The NI 43-101-compliant PEA demonstrates the potential to develop a low-cost 19,200-tonne-per-day combined open pit and underground mining operation with strong economics for significant benefits to the...Read More
The combined project would produce 193,000 ounces a year of gold for 24 years at an all-in sustaining cost of US$1,073/oz following an initial capital investment of C$517 million, at a US$1,600/ozRead More
Hole 136 intersected 1.1 meters of 1,625 g/t silver equivalent contained within 47.6m of 147 g/t, the firm said.Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipNorth Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metals"We are seeing classic VMS textures and zonation of metals, resulting in a significant transition from copper-rich to zinc-rich throughout the reported inte...Read More
The $481 million financing includes $116 million of equity, $75 million in debt, a $250 million gold stream, and $40 million in equipment financing.Read More
The increase in projected capital and also operating costs was from its pre-feasibility study cost estimate made in July, 2021.Read More
(IDEX Online ) - An 11.15-ct pink diamond described as "rare masterpiece of nature" is to be sold in a single-lot auction in Hong Kong with a $21m estimate.The cushion cut Williamson Pink Star (pictured), named after the Petra mine in Tanzania, is the second largest internally flawless fancy vivid pink diamond to ever appear at auction.It was sold last December as a 32.32 carat pink rough gem for...Read More
The release of a feasibility study today brings Skeena Resources (TSX: SKE, NYSE: SKE) one step closer to resuming production at its high-grade Eskay Creek gold-silver project in British Columbia's Golden Triangle. The feasibility study forecasts an after-tax net present value of $1.4 billion at a base case of US$1,700 per oz. of gold and US$19 per oz. of silver using a discount rate of 5%. It pr...Read More
Fresh off its early August listing on the TSX Venture Exchange, NiCAN Ltd. (TSXV: NICN) has released results from its first two drill holes at its Wine project in Manitoba. Hole 22-05 intersected three distinct zones of mineralization, including 27.3 metres at 2.01% nickel, 1.81% copper, 0.09% cobalt, 0.2 gram gold per tonne and 0.28 gram palladium (or 2.61% nickel equivalent) from 43 metres d...Read More
Moneta Gold (TSX: ME; OTC: MEAUF) has released positive results from a preliminary economic assessment (PEA) for its wholly owned Tower gold project in Timmins, Ont., that demonstrates the viability to develop a combined open pit and underground operation with strong economics.As outlined in the PEA, Tower is a low-capital intensity project with initial costs of $517 million for a 7-million-tonne...Read More
Denison Mines (TSX: DML) has reported encouraging assays from drilling completed during winter 2022 at the McClean Lake property, which have resulted in a significant expansion of the high-grade uranium mineralization discovered in April 2021. McClean Lake is a joint venture project (known as MLJV) owned 22.5% by Denison.The 2022 diamond drilling program was conducted by Orano Canada - the project...Read More
Operations at Equinox Gold's (TSX: EQX; NYSE: EQX) Los Filos mine in Mexico have been suspended as the result of a blockade by members of the nearby Mezcala community, the company said on Thursday.The move, qualified by the Canadian miner as "illegal," is preventing the delivery of certain supplies that are required to maintain Los Filos running, it said.Equinox will engage with community leaders...Read More