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
West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining The world has recently had to adjust to some new obvious facts. The immediate human cost of the wa...Read More
West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Representatives for minor party Unidas Podemos sent the letter directly to some of Rafaella's shareholder...Read More
West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining While just one of many costs in a mining operation, diesel fuel is an essential item, especially in...Read More
Seabridge's wholly owned subsidiary, KSM Mining, last month agreed to sell a $255 secured note that would be exchanged at maturity for a silver royalty on its 100%-owned KSM project, which the firmRead More
The results, taken from the deposit core area, have confirmed the presence of long intercepts of grades higher than the average resource grades in neighbouring zones.Results included a 300.23m interval grading 0.70% copper-equivalent and a 248.41m interval grading 0.58% copper equivalent.Drilling in the northeast of the deposit core also returned a 300.23m interval grading 0.57% copper equivalent,...Read More
West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining "A look at notional margins enjoyed by miners suggests that the price rises are fragile at best," WoodMac...Read More
With gold prices approaching US$2,000 per oz., gold exploration and mine development remain important drivers for many mining companies. Here are eight global gold explorers to watch. ANACORTES MINING Anacortes Mining's Tres Cruces project in North Central Peru. Credit: Anacortes Mining.Vancouver-headquartered?EUR?Anacortes Mining?EUR?(TSXV: XYZ; US-OTC: XYZFF) is exploring its 100%-owned Tres...Read More
An ongoing transportation strike in Spain has accentuated supply chain disruptions that have forced Canadian miner Orvana Minerals (TSX: ORV) to suspend operations at the critical Orovalle copper-gold operation in the country's north.In a news release Friday, the company said that the lack of timely supply of materials caused by a national strike of transportation services prompted the temporary s...Read More
Between 1988 and 2008, the Eskay Creek mine in northwest B.C. produced about 3.3 million oz. gold and 160 million oz. silver, boasting the world's highest average grades of 45 grams gold per tonne and 2,224 grams silver per tonne. Almost a decade after it shut down due to high operating costs and a relatively low gold price, Skeena Resources (TSX: SKE, NYSE: SKE) acquired the property with th...Read More
ValOre Metals (TSXV: VO)?EUR?has doubled the mineral resource estimate for its 100%-owned Pedra Branca platinum group metals project in northeast Brazil with several zones within the property still open for expansion, the company said. The project's inferred resource totals 63.5 million tonnes grading 0.03 gram gold per tonne, 0.68 gram palladium and 0.36 gram platinum for contained metal of 61...Read More
I knew the number was going to be big - but I didn't know how big.But according to Bloomberg, President Biden plans to request $813.3 billion in national security spending - including $773 billion for the Pentagon - in the federal budget he sends to Congress on Monday, according to officials familiar with the plan.That would be a $31 billion, 4% increase from approved spending for the current fisc...Read More
European economies face the risk of a shortage of diesel, the preferred fuel for heavy industry, as sanctions on Russian energy threaten to disrupt imports while supply from elsewhere remains limited.Read full newsRead More
Some 2.8 million of the shares were acquired as a result of Barrick exercising warrants on March 23. Skeena received about $30.Read More
Share this article VANCOUVER - Skeena Resources Ltd. [SKE-TSXV, SKREF-OTCQX, RXFB-FRA] said it has received approximately $30.4 million from the exercise of 2.8 million warrants held by Barrick Gold Corp. [ABX-TSX, GOLD-NYSE].The warrants were originally issued to Barrick with an exercise price of $10.80 in October, 2020, in connection with Skeena's acquisition of a 100% interest of the Eskay Cre...Read More
The holes released today were designed to test both the open pit and underground resource expansion potential at Garrcon and confirmed gold mineralization over a strike length of 750m and width ofRead More
Preliminary results of tightly spaced underground drilling, geologic mapping and grade control sampling have confirmed the geological modelling and interpretation derived from surface drilling.Read More
"With a robust treasury now exceeding C$18 million, we are now fully financed to execute our goal of aggressively further de-risking the Zeus project," said Noram chief executive SandyRead More
The tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining The pre-payment facility is for an 18-month term, secured against t...Read More
Look beyond market approach to project valuations: van ZylLeadershipThe tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldSome 2.8 million of the shares were acquired as a result of Barrick exercising warra...Read More
Total indicated and inferred resources have risen by 42% to 30.1 million tonnes of lithium oxide, beating its target of increasing the resource to 24 million tonnes.Read More