The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
From an industry-wide marginal production cost of US$6150 a tonne in 2021 the cost of producing copper has risen to $8000/t, the bank said.Read More
"This is a transformational year for Capstone as we ramp-up our new Mantos Blancos mill, construct the Mantoverde sulphides project and deliver a District Integration Plan for Santo Domingo with Mantoverde," Capstone Copper's CEO John Mackenzie said.Production levels from 2021 showed that the company would have had a copper production base of over 175,000t for that year.Capstone Copper was created...Read More
Nouveau Monde Graphite (TSX-V: NOU; NYSE: NMG) and Mason Graphite (TSX-V: LLG; US-OTC: MGPHF) have entered into an option and joint venture agreement to advance Mason Graphite's Lac Gu?(C)ret project in northeastern Qu?(C)bec. As part of the deal, Nouveau will have the option to own 51% of the property if it invests $5 million in Mason Graphite and spends $10 million on advancing the property....Read More
The Horizons ETF Copper Producers Index ETF (TSX: COPP) is set to go live for trading on the Toronto Stock Exchange on May 17, providing a new option for investors to gain passive exposure to the world's $2 billion-plus market cap copper producers.Nicolas Piquard, the company's VP, portfolio manager and options strategist, tells The Northern Miner the fund aims to take full advantage of forecast i...Read More
Equinox Gold (TSX: EQX, NYSE: EQX) has suspended operations at its RDM mine in Brazil for at least two months as scheduled permits needed to raise its tailing dam were delayed, the company said on May 16. The company has been applying for permits to raise its TSF every year since 2018 after it altered the design of its facility and changed it from a centreline to a downstream design. It last r...Read More
The rise in the electric vehicle (EV) market share of the car industry is fuelling demand for the metals used in the lithium-ion batteries that power them. However, current lithium-ion battery technologies suffer from a trade-off between power and weight, with EV manufacturers seeking to maximize the energy density of batteries while minimizing their weight. Considerable effort is now underway t...Read More
Shares of Revival Gold (TSXV: RVG) rose 25% this morning on an updated resource estimate for its Beartrack-Arnett gold project in Idaho, that increased ounces in the indicated category by 56% and in the inferred by 19%. The project's updated indicated resource totals 64.9 million tonnes grading 1.01 grams gold per tonne for a contained gold of 2.1 million oz., compared with the 2020 reported esti...Read More
Baffinland Iron Mines' proposed expansion of its Mary River iron ore operation on the northern tip of Baffin Island, in Nunavut, has suffered a major blow after a review board advised against the project on environmental grounds.After four years of consultations and deliberations, the Nunavut Impact Review Board (NIRB) last week rejected the miner's request to more than double output to 12 millio...Read More
Porphyry copper deposits are largely produced by mechanisms similar to those causing large volcanic eruptions, new research by the University of Geneva has found.In a paper published in the journal Communications Earth & Environment, the scientists behind the discovery say that at a time when current copper resources are dwindling, their finding opens up new avenues for the development of tools to...Read More
The city of Flin Flon in Manitoba has a rich and storied history of mining that began when gold was discovered around Amisk Lake at the start of the 20th century - the first major discovery of gold west of Ontario since the Klondike gold rush of the 1890s. The focus then shifted to base metals when, according to local legend, in 1915, a prospector named Tom Creighton discovered a massive copper-z...Read More
Dear Outsider,Markets rallied Friday to give a much-needed boost to the retail investor.Not sure investors could deal with another down day, as things would have gotten even worse.But for now, at least, it averted a bear market for the S&P 500.That's because we had some crazy buying activity during this market correction.Most notably, after-hours last night, crypto billionaire Sam Bankman-Fried di...Read More
(IDEX Online) - Russia stands accused of selling party of its huge $140bn stockpile of gold on the black market, as it seeks to evade sanctions imposed by the US, EU and UK (the world's biggest gold-importing nation).The Switzerland-based Global Initiative Against Transnational Organized Crime says in a report that illicit gold markets and gold laundering are compelling options for Moscow, as...Read More
(IDEX Online) - Artisanal diamond miners in Liberia have received basic training in grading and valuing gems.The move, by the Japanese NGO Diamonds for Peace, is designed to help them avoid exploitation, and to negotiate a fair price for their stones.A trainer from the UK spent two days teaching a group of 25 miners from communities in the northern counties of Bomi and Gbarpolu. Many particip...Read More
(IDEX Online) - Brilliant Earth, the US-based "ethical jeweler", has reported $100m of sales in the first three months of 2022, a year-on-year increase of 41.5 per cent.It predicts another strong performance in Q2, despite ongoing geopolitical uncertainties.Net income for the quarter was $3.4m and adjusted EBITDA was $8.4m. The company is forecasting net sales of $450m to $470m for the full year,...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryThe proposal contained in Article 27 was for mining concessions to be awarded by an administrative body rather than by the courts as is c...Read More
The main stock index of Canada fell to a ten-week low on...Read full newsRead More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discovery"The EV market, for example, requires a significant amount of minerals and metals, many of which are found in abundance in Africa," Zubai...Read More
Usha Resources (TSXV:USHA,OTCQB:USHA,FSE:JO0) CEO Deepak Varshney discusses the company's three key projects, touching on its new option for 100-percent acqu...Read full newsRead More
The five main zinc assets are Aktigiruq, Anarraaq and Su-Lik zinc assets all in Alaska and the Cirque zinc asset in Canada (50% owned by Korea Zinc) and Teena in Northern Territory Australia.Read More
Share this articleTORONTO - Discovery Silver Corp. [DSV-TSXV; DSVSF-OTCQX] reported results from 19 holes from its phase 2 drill program on its 100%-owned flagship Cordero silver project in Chihuahua, Mexico. The current set of results includes resource upgrade drilling for the Pre-Feasibility Study (PFS), planned for Q4 and expansion drilling of the PEA open pit and the resource pit.Highlights in...Read More