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
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED"The rapid electrification of the automotive market has led to massive investments in electric vehicle and lithium-ion battery production in the United States, creating a critical need for lithium hydroxide prod...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED According to the latest analysis of China, 3% is the expected annual growth rate of an economy which had, until recently, been expanding at close to 10% a year.Read More
(IDEX Online) - A small-scale miner unearthed over 5.2kg (11lbs 8oz) of Tanzanite - one of the world's rarest gemstones - making him an overnight millionaire.It is found only in a four-mile strip of Tanzania, near the Mererani Hills in the north of the country.Anselim Kawishe found two stones, with a combined 5.2kg weight, after 15 years of searching."I did not expect that there will be a day...Read More
Welcome to our weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence.This week's best drill intercept comes from Hummingbird Resources' (AIM: HUM) Kouroussa project in Guinea. The company reported the final assay results from the 2021 infill drilling program, which included...Read More
The Frias underground mine on Outcrop Silver and Gold's (TSXV: OCG; US-OTC: OCGSF) Santa Ana land package in Colombia produced 7.8 million ounces of silver at an average recovered grade of 1,300 grams silver per tonne over 25 years ending in 1905, and CEO Joe Hebert believes it is an analogue for just one of the 13 high angle ore shoots the junior has defined on its 360 sq. km property. The compa...Read More
"Peter's experience in running large and complex business across many different markets, as well as his considerable experience in the metals and mining industry, makes him ideal to take over the leadership of the business as it continues to grow rapidly across all our key pillars," Capital's executive chairman Jamie Boyton said.With executive experience in resources and logistics spanning more th...Read More
(IDEX Online) - A Swedish firm is selling diamond-encrusted versions of the Apple Watch 7, with a $15,000 price tag.Golden Concept says it will make a limited edition of just seven. Each watch features a special case, carved from a titanium block and set with 443 diamonds with a total weight of four carats.The company, which describes itself as an aftermarket electronic customization service, says...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDIn a solemn speech, Petro spoke about the many inconvenient truth that human society faces as a result of climate change and global warning, and the growing recognition that humanity must stopRead More
We are now proud partners with Kinesis.Chief Commercial Officer Jai Bifulco joins us to explain advantages of the Kinesis platform.Read full newsRead More
We are now proud partners with Kinesis.Chief Commercial Officer Jai Bifulco joins us to explain advantages of the Kinesis platform.Read full newsRead More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED"As our exploration activities ramp up, the demands of the Company's finance and operations teams are increasing, and I'm excited to have them join the team and contribute to driving the project forward," Filo's...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDZaritsky is to remain on as an adviser to the board of directors of the gold explorer and developer and continue in his primary role as CFO of Osisko Mining.Zaritsky has stepped down from the O3 board.North Gilb...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDHannes Meyer departs as CFO after 11 years of service but will remain with the company, First Quantum said.MacWilliam has been with the company since 2019, leading business development and investor relations.Nor...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED In what looks like a "third-time lucky" tax attack by the Australian Government the latest proposal surfaced yesterday in a speech by a senior academic at an economic summit in Canberra.Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMarathon Gold on September 1 updated its initial capex estimate for Valentine to C$470 million to C$490 million, a 57% increase from its previous estimate of C$305 million contained in an April, 2021Read More
SailingStone's rejection could potentially lead to a higher offer if other minority shareholders also reject Rio Tinto's offer.Read More
Details of how the federal government plans to spend its multi-billion dollar Critical Minerals Strategy will be announced sometime in the Fall, says Natural Resources Canada.The Strategy was announced in April as part of Budget 2022 and earmarks up to $3.8 billion over eight years starting in 2022-2023 to advance critical mineral exploration, development and supply chains.In an email to The North...Read More
Sailingstone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources (TSX: TQR), is ready to put the brakes on Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) intended US$3.3 billion takeover of the Canadian miner as it says the offer does not "adequately compensate" minority shareholders.Rio Tinto announced on Thursday it had reached an in-principle agreement with Turquoise Hill to...Read More
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has released new drill results from three of the five Colomac Centre deposits at its Colomac project in the Northwest Territories, about 200 km north of Yellowknife.Colomac Centre contains the Grizzly Bear, Colomac Main, Goldcrest, 24 and 27 deposits. The project also has four higher grade satellite deposits: Kim, Cass, Damoti and Treasure Island.Highlights...Read More
Maverix Metals (TSX: MMX; NYSE-AM: MMX) is acquiring 22 royalties from Barrick Gold (TSX: ABX; NYSE: GOLD) including a 1% royalty on Skeena Resources' (TSX: SKE; NYSE: SKE) Eskay Creek gold-silver project in British Columbia for US$50 million in cash and a contingent consideration of up to US$10 million.The contingent payment will be broken down into three payments within six years of closing: US$...Read More