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
The bank's commodity's team made it clear it wasn't forecasting "doom and gloom" for gold prices, but said it was rolling much of the experience seen in 2021 into its forecasts.Read More
BP says its fast electric vehicle chargers are on the cusp of becoming more profitable than filling up a petrol car.Read full newsRead More
Nickel prices surged to their highest since 2011 on Friday as a supply deficit ate into stockpiles and investors looked ahead to rising demand from electric vehicles.Read full newsRead More
Teck Resources had received a strike notice from the union which represents most Highland Valley Copper miners. BNN Bloomberg's Jameson Berkow reports.Read full newsRead More
Teck Resources had received a strike notice from the union which represents most Highland Valley Copper miners. BNN Bloomberg's Jameson Berkow reports.Read full newsRead More
Speaking at the inaugural Future Minerals Forum in Riyadh, Saudi Arabia yesterday, Friedland said the world was entering the "electric everything era".Read More
Indonesia has played a key role in global markets as a bulk materials supplier, but President Joko Widodo has pledged to eventually stop exports of all raw commodities to turn the country into a major manufacturing hub for electric transportation.Read full newsRead More
It's mid January, 2022. I wrote this column this week for one of Canada's major newspapers, the National Post, and thought I'd read it for those of you who w...Read full newsRead More
It's mid January, 2022. I wrote this column this week for one of Canada's major newspapers, the National Post, and thought I'd read it for those of you who w...Read full newsRead More
Most analysts agree copper could face short-term headwinds due to closures relating to energy shortages and China's upcoming holidays and the Beijing Olympics.Copper reached an all-time high of more than US$10,500 per tonne in 2021 and reached just above $10,000/t overnight.Citi sees copper pulling back to $8800/t in the short-term and recommended buying any dip below $9000/t."The degree of subseq...Read More
VANCOUVER, BC / ACCESSWIRE / January 11, 2022 / Usha Resources Ltd. (Read full newsRead More
The materials sector dominated the top spots among the large caps today, with gold miners propping up a struggling ASX ... Read More The post Monsters of Rock: Gold producers make the starting line-up as big miners prop up ASX appeared first on Stockhead.Read full newsRead More
Drilling high-grade feeder zones to build ounces in prolific mining camp, while advancing PEA and FS on high-grade heap-leachable oxide resource in 2022 Vancouver, British Columbia--(Newsfile Corp. - January 10, 2022) - Anacortes Mining Corp. (TSXV: XYZ) (Read full newsRead More
There are about 53,000 tonnes of gold reserves worldwide, according to the U.S. Geological Survey. Despite the fact that the COVID-19 pandemic disrupted global gold production during 2020, mining companies benefited from...Read full newsRead More
Vancouver, British Columbia, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE/ FRANKFURT: 1A9/U.S.OTC: ASGOF) ("Asante" or the "Company") announces that the contract to conduct mining activities at the Bibiani Mine has been awarded to PW Mining (Ghana) ("PW Mining"), and mobilization to site has commenced. Open Pit Mining Operations will start in February, to include development...Read More
Barrick (GOLD) brings back North Mara's TSF pond within universal standards after backbreaking efforts from the team.Read full newsRead More
Tesla agrees to buy 75,000 tonnes of nickel with a nominal value of $1.5 billion from Talon Metals-Rio Tinto JV starting in 2026.Read full newsRead More
Under the Saudi Vision 2030 development plan, mining is positioned as the third pillar of the country's economic developmentRead full newsRead More
Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) ("Americas" or the "Company") is pleased to provide a December production updateRead full newsRead More
There are about 53,000 tonnes of gold reserves worldwide, according to the U.S. Geological Survey. Despite the fact that the COVID-19 pandemic disrupted global gold production during 2020, mining companies benefited from...Read full newsRead More