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
HALIFAX - Nova Scotia's Environment Department has approved an application from the owners of the Touquoy gold mine to raise the height of the wall of its existing tailings waste pond. Australian-based St Barbara's proposal to raise the tailings wall has been opposed by environmental groups, such as the Ecology Action Centre, which have voiced concerns about the potential for a dam breach. Bu...Read More
Three generations teach gold miningRead full newsRead More
Systemic risks abound right now that, in my view, could favor allocations to physical gold and gold mining stocks. Those risks include sustained inflation, a potential global recession, looming food and energy crisis, and an escalation of hostilities in Eastern Europe.Read full newsRead More
Water board ordered company to post $104.9M in security after review, up from $30.7MThe Victoria Gold Corp. is taking the Yukon Water Board to court over an order for the company to pay an additional $74 million in security for its Eagle Gold mine, on top of the approximately $30.7 million the comRead full newsRead More
By Jaime Llinares Taboada Hochschild Mining PLC said Wednesday that it has been granted an environmental authorization for its Mara Rosa gold project in...Read full newsRead More
The planned Back Forty gold mine along the Menominee River has new owners who pledge to protect the environment. But opponents hardened by a long fight are skeptical of gilded promises.Read full newsRead More
JOHANNESBURG (AP) - South African prosecutors have charged seven self-employed miners...Read full newsRead More
Water board ordered company to post $104.9M in security after review, up from $30.7MThe Victoria Gold Corp. is taking the Yukon Water Board to court over an order for the company to pay an additional $74 million in security for its Eagle Gold mine, on top of the approximately $30.7 million the comRead full newsRead More
By Kathryn Hardison Stocks in Canada were higher in midday trading Wednesday. Canadian base metals, health care and information technology sectors led the...Read full newsRead More
The Mara Rosa gold mine, in Brazil's central state of Go?-as, is expected to begin production in the first half of 2024.Read full newsRead More
By Jaime Llinares Taboada Hochschild Mining PLC said Wednesday that it has been granted an environmental authorization for its Mara Rosa gold project in...Read full newsRead More
The planned Back Forty gold mine along the Menominee River has new owners who pledge to protect the environment. But opponents hardened by a long fight are skeptical of gilded promises.Read full newsRead More
Artisanal gold mining is highly organised and rule-bound. Men, women and even children participate a hierarchy sustained by a web of buyers, sponsors and customers.Read full newsRead More
It had looked like shareholders would vote through a UEC bid on 9 August, but the vote was postponed following a last-minute superior proposal from Denison.Read More
The program will address "vulnerabilities" in the domestic critical materials supply chain, which are both an economic disadvantage and an impediment to the clean energy transition, the departmentRead More
Share this articleTORONTO - Centerra Gold Inc. [CG-TSX, CAGDF-OTC] on Wednesday reported a second quarter net loss of US$2.6 million ($0.01 per share) and sharply reduced gold production guidance for 2022.As a result of the suspension of certain activities at the Oksut Mine (Turkey) together with the continuing impact of declining copper prices at the Mount Milligan mine (British Columbia), the co...Read More
This resource will form the basis of a new prefeasibility study and updated life of mine plan, which is expected to be released in the December quarter.Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedAlicanto wows with maiden resourceSPONSOREDalicanto mineralsAtherley, whose been involved with the mining sector for decades, most recently as former CEO of uranium hopeful Berkley Ener...Read More
Higher global interest rates and the most difficult capital markets since the 2008-2009 financial crisis have made capital raising for many mining firms with development projects challenging and thisRead More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto mineralsThe company's adjusted net earnings of US$2.4 million in Q2 last year slumped some 280% to a loss of $4.3 million in the quar...Read More