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
Wallbridge Mining (TSX: WM) has released a first resource estimate for its flagship Fenelon gold project and an updated resource estimate for its Martiniere project, both located in the Detour-Fenelon gold trend in northern Abitibi, Quebec.Wallbridge's president and CEO, Marz Kord, says the estimates demonstrate that Fenelon continues to grow from a small, high-grade deposit into a potential multi...Read More
First Cobalt (TSXV: FCC; US-OTC: FTSSF) wants to increase the design capacity of its hydrometallurgical cobalt refinery in Cobalt, Ontario, to 6,500 tonnes of cobalt annually from 5,000 tonnes. The decision was made due to a strong demand for battery-grade cobalt and client feedback.The company has also announced a name change to Electra Battery Materials - pending shareholder approval - reflectin...Read More
I'm just going to straight-up say it. The Biden administration has nothing to offer. It is writing its own obituary not even a year in.That isn't a political indictment. It's a functional one. Sure, politics can provide momentum, but it's starting from a baseline deficit that has been building for years, if not decades.Energy prices spiraling upwards, inflation at three-decade highs, policies that...Read More
Sponsor Content. The old axiom that the most important aspect of real estate is location can also hold true for miners. If you're sandwiched between two large mines, one of them with more than four million ounces of gold in the ground, in a jurisdiction that is experiencing a gold rush, then chances are you've got a good shot of finding a healthy haul of the yellow metal. Add billionaire...Read More
BILLINGS, Mont. (AP) - Montana tribes and conservation groups sued state environmental regulators Wednesday after Gov. Greg Gianforte's administration dropped a legal claim against a mining executive over decades of pollution from several mines. The lawsuit was filed in state district court in Lewis and Clark County by attorneys for the Confederated Salish and Kootenai Tribes, the Fort Belknap...Read More
Cave Creek Museum is home to a fully operational stamp mill that was used to extract gold more than a century ago. The Arizona Gold Mining Experience offers a glimpse into what it was like to be an Arizona miner in 1910.Read full newsRead More
Aben Resources Ltd. has executed a formal option agreement with ERead full newsRead More
Comet Resources Ltd (Comet or the Company) (ASX:CRL) is pleased to provide the results of specialist test work on natural flake graphite from its Springdale Graphite Project (Springdale) located in Western Australia. The results of ICP assay of spherical graphite purified to 99.96% with an intensive...Read full newsRead More
Spot gold was worth about US$1,850 an ounce at the time of writing, having risen above $1,865/oz earlier.US consumer price index data was at 30-year highs, IG market analyst Kyle Rodda said, and followed higher-than-expected China Produce Prices and CPI data."Everyone, including central bankers, still appears to be underestimating still the inflation pulse," he tweeted."Implied probabilities of Fe...Read More
The company is in the latter stages of a 15-hole program it began in August.Read More
Share this article VANCOUVER - Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) has executed a formal option agreement (subject to regulatory approval) with Eagle Plains Resources Ltd. (TSX-V: EPL) whereby Aben holds the exclusive right to earn a 100% interest, less 2% Net Production Royalty in the road-accessible Slocan Graphite Project located 34km northwest of Castlega...Read More
Share this article VANCOUVER - Pan American Silver Corp. [PAAS-TSX, NASDAQ] on Wednesday reported sharply lower than expected third quarter 2021 earnings as the company continues to grapple with the negative impact of COVID-related restrictions.The company reported third quarter adjusted income of US$37.8 million or 18 cents per share, which was well below the consensus estimate among analysts of...Read More
The company declared a total combined indicated resource of 43.56 million tonnes grading 1.91 grams per tonne for 2.67 million ounces and a total inferred resource of 31.78Mt grading 1.Read More
The company reported results from 39 infill and step-out holes, all of which contain multiple skarn and breccia intercepts, with highlights including 77m grading 119 grams per tonneRead More
New life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldPolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningThe company is in the latter stages of a 15-hole program it began in August.Read More
Look beyond market approach to project valuations: van ZylLeadershipNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldPolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsSpot gold was worth about US$1,850 an ounce at the time of writing, having risen above $1,865/oz earlier.US consumer pri...Read More
Look beyond market approach to project valuations: van ZylLeadershipNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldPolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAsian stocks are set for a mixed start after US shares ended what was their longest winning streak since 2017, according...Read More
PolarX finds extra copper potential in AlaskaSPONSOREDpolarxNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningThe allegations against Pinera stem from the Pandora Papers investigation, which showed a mining company owned i...Read More
(IDEX Online) - Alrosa today reported a slight rise in its monthly sales of rough and polished diamonds, in the face of continuing supply shortages.The Russian miner sold a total of $308m in October, up from a 2021 low of $298m in September, which is traditionally a quiet month. Sales in August were $306m.Alrosa is still struggling to meet unexpectedly high demand globally after the easing of Covi...Read More
(IDEX Online) - A pair of diamond bracelets that belonged to Marie Antoinette, the last Queen of France, sold at auction for $8.2m - more than twice their high estimate.An anonymous phone bidder bought them yesterday at Christie' Geneva.The bracelets, both of 122 diamonds, were smuggled out of France before the Queen was guillotined in 1793. and had remained in her family ever since.Their lin...Read More