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
Canada's federal government has signed new agreements with German automakers Volkswagen and Mercedes-Benz, setting the stage for exploring deeper cooperation across all stages of the automotive value chain.Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz observed a signing ceremony in Toronto at an event hosted by the Canadian-German Chamber of Industry and Commerce on Tues...Read More
There is a growing interest among mining companies in pre-concentration methods and sorting technologies to improve profitability of their projects. Pre-concentration can be used to increase the grade of material delivered to processing plants by diverting or removing low-grade fractions that are uneconomic to process. Increasing feed grades may also improve the recovery of target minerals, reduc...Read More
Medaro Mining (CSE: MEDA; OTC: MEDAF) has received lithium oxide (Li2O) results as high as 2.58% from cut surface samples at its exploration program on the Lac La Motte lithium property in Val-d'Or, Que. The fieldwork was completed during May-June 2022, and it included prospecting, mapping and sampling of known lithium showings on the property.The prospecting and sampling were mainly focused al...Read More
High Tide Resources (CSE: HTRC) has released assay results from two additional drill holes of the 2022 spring/summer drilling program at its flagship Labrador West iron project in Newfoundland. The project is located 20 km northeast and adjacent to IOC/Rio Tinto (NYSE: RIO)'s Carol Lake mine complex in Labrador City.The two drill holes - 22LB0061 and 22LB0062 - were drilled to a depth of 252 metre...Read More
A projected shortage of sulphuric acid could stifle green technology advancement and threaten global food security, according to a paper recently published in The Geographical Journal.Sulphuric acid is required for the production of phosphorus fertilizers and for extracting battery metals such as nickel and cobalt from ores.The British study, published on Aug. 21 points out that global demand for...Read More
The war in Ukraine has been dragging on for six months with no end in sight.Russia is slowly and systematically advancing, while the Ukrainian military is being ground down in the Donbas region of eastern Ukraine.On balance, Russia is winning the war, although progress is slow.Russia will next likely move to take Odesa, a strategically key Black Sea port. Russia has staged missile attacks on Odesa...Read More
It might not have made the news, but Putin actually seized control of Europe years ago. He turned the entire continent into his private fiefdom without firing a single shot. Putin's battle strategy was to turn Russian oil and gas into a political opiate. Some of the most powerful governments in the world immediately got hooked with no plans to get clean, all the while screaming, "I can quit anyti...Read More
Planet MicroCap caught up with Martin Turenne, President, CEO and Director of FPX Nickel Corp. (TSX-V: FPX), via Zoom to discuss (Click the time stamp to jum...Read full newsRead More
Share this article VANCOUVER - AbraSilver Resources Corp. [ABRA-TSXV, ABBRF-0TC] shares were active Monday after the company reported more impressive assay results from its wholly-owned Diablillos property in Salta Province, Argentina.Assays reported Monday are from four new drill holes, which form part of a phase 2 program. They include assays from Hole 22-037, an in-fill hole drilled vertically...Read More
The 2022 maiden drill program consisted of 26 holes for 2,065m to test the Quinlan, Titan and Sherwood targets. Visible gold was identified in 15 drillholes. Highlights included 3.65m grading 23.Read More
Sun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdCooke formed Endeavour together with Godfrey Walton in 2003 for the purpose of acquiring and developing high grade silver-gold pro...Read More
Sun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltd"We are very pleased to honour our stated commitment to shareholders and quickly restart drilling at New Polaris," Canagold CEO Ca...Read More
Mining minister Marcela Hernando told local media last week that an initial investigation confirmed that the sinkhole would be related to over-exploitation at the Alcaparrosa mine.Read More
Sun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdOlder investors might remember Nabarlek because fortunes were made in 1970 by shareholders in Queensland Mines after it reported v...Read More
(IDEX Online) - The case against customs officials in India accused of over-valuing imported diamonds worth more than $19m has been suspended.Bombay High Court has set aside the show cause notices, which are issued when a government official is held prima facie responsible for misconduct.Pradeep Jhaveri, a customs valuer in Mumbai, was accused of misappropriating bills of entries relating to diamo...Read More
(IDEX Online) - A gold and emerald ring is to be sold at Sotheby's, together with its twin NFT (non-fungible token).The buyer "will own the piece in both the physical world and in the metaverse," say Metagolden, the jewelry, fashion, art and NFT emporium that created the piece.Metagolden says it anchors luxury physical investments to NFTs to authenticate them and to provide long-term value to...Read More
(IDEX Online) - Tennis icon Chris Evert has launched her own range of the jewelry item she made famous - the tennis bracelet.The American former world No. 1 tennis player famously halted a match in the 1978 U.S. Open to retrieve a diamond bracelet that fell off her wrist. And so the tennis bracelet was born.More than three decades on Evert, now 67, has launched a range of 13 tennis bracelets with...Read More
Markets got hammered today, with the Dow losing 643 points, the S&P losing 90 and the Nasdaq losing 323. What happened?Here's CNBC's explanation:The Dow Jones Industrial Average fell sharply Monday... as the summer rally fizzled out and fears of aggressive interest rate hikes returned to Wall Street...Investors are anticipating what could be a volatile week of trading ahead of Federal Reserve...Read More
A metaphorical winter approaches for base metals equities, says Haywood Capital Markets in a new report published on Sunday.Analyst Pierre Vaillancourt expects the constellation of base metals companies under coverage's second quarter results to fall below expectations when they start reporting results from month-end."Overall, we look for most base metals producers to reflect weakening metals pric...Read More
Neo Performance Materials (TSX: NEO) will acquire an exploration licence from Hudson Resources (TSXV: HUD) for its Sarfartoq Carbonatite Complex in southwest Greenland, under a binding agreement announced Monday. The licence will cover Sarfartoq, which hosts Hudson's ST1 rare earths project and the Nukittooq niobium-tantalum project, Neo, a Toronto-based metals manufacturer said in a news rele...Read More