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
Sue joins Steve & Jay for some Cryto talk. #BTC #ETH #CryptoRead full newsRead More
The S&P 500 closed up 0.18% to 4,613.67, the Dow Jones added 0.26% to 35,913.84 and the Nasdaq rose 0.63% to 15,595.92.At the end of last week, 56% of the companies in the S&P 500 had reported actual Q3 results, with 82% beating earnings estimates - above the five-year average of 76%, according to FactSet."If 82% is the final percentage for the quarter, it will mark with the fourth highest...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 mineralsThe S&P 500 closed up 0.18% to 4,613.67, the Dow Jones added 0.26% to 35,913.84 and the Nasdaq rose 0.63% to 15,595....Read More
Share this article WINNEMUCCA - Paramount Gold Nevada Corp. [PZG-NYSE American] reported assay results from 44 new surface samples collected by the company primarily from silicic outcrops at its recently acquired Bald Peak Project in Mineral County, Nevada. The samples averaged 2.62 g/t gold and 4.2 g/t silver, with more than half assaying above 2 g/t gold and running as high as 10.85 g/t gold.Pa...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipPolarX finds extra copper potential in AlaskaSPONSOREDpolarxNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldInfill drilling at the Odyssey underground project at Canadian Malartic in Quebec, Canada continues to return wide, high-grade intersections in...Read 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 miningHighlights of the last tranche of results included 4.6m grading 71.3 grams per tonne gold including 1.5m grading...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipPolarX finds extra copper potential in AlaskaSPONSOREDpolarxNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldThe company yesterday announced an updated indicated resource of 13.9 million tonnes at 1.4g/t gold for 623,700 ounces, a 124.4% increase on the...Read More
As per Ramelius' original bid, Apollo shareholders are being offered 34c cash, but instead of the 0.1375 of a Ramelius share they were previously to have got, they will now get 0.1778.Read More
Despite objections from Westgold Resources, the scheme of arrangement was approved by the Supreme Court of Western Australia yesterday.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 company said it needed more financing before year-end to maintain operations at its Sugar Zone mine in Ontar...Read More
Laboratory tests conducted by the University of British Columbia and funded by FPX and the Government of Canada, demonstrated that the injection of carbon dioxide as simulated flue gas (10% CO2) canRead 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 miningA consortium comprising Rio Tinto, Alcoa and Apple were caught napping recently when Russia's Rusal, the world's...Read More
(IDEX Online) - Two pairs of unique jewel-encrusted glasses - one with emerald lenses, the other with diamonds - were withdrawn from sale by Sotheby's New York after both failed to reach their low estimate of $2.1m.They are believed to have belonged to members of the Mughal Empire, which ruled over the Indian subcontinent during the 17th century.There was surprise among experts, who had expec...Read More
(IDEX Online) - Petra Diamonds says illegal incursions at its Williamson mine, in Tanzania, are averaging more than one a day.The UK-listed miner announced in May that it had agreed a $6m settlement over alleged human rights breaches at the deposit, which is currently mothballed and classified as "an asset held for sale for financial reporting purposes".In a quarterly update to alleged human right...Read More
(IDEX Online) - Exclusive Lebanese jeweler Mouawad says it recreated the late Princess Diana's engagement ring for a new biopic about her life.It's described as a faithful copy, although the 1981 original featured a 12-carat oval blue Ceylon sapphire and the copy has a 7.25-carat gem.The ring, and other pieces of jewelry, were made for Spencer, starring US actress Kristen Stewart, charti...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 miningVale said London-based certification company Intertek Group had lent independent third-party limited assurance t...Read More
Despite power supply issues involving intermittent blackouts for the first three weeks of the month, concentrate production in October amounted to 16,211 tonnes, just shy of the phase one production target of 16,666t.The strong performance prompted Ivanhoe to narrow guidance higher to 90,000-95,000t, up from the previous range of 85,000-95,000t.The TSX-listed miner said the phase two expansion was...Read More
Updating comments from last week, now armed with more production numbers from companies which had since reported, Jefferies said copper supply was only slowly increasing and all recent changes to production guidance had been downward revisions, citing Antofagasta, Anglo American, Freeport-McMoRan, MMG, Rio Tinto, Vale and Southern Copper.Analyst Christopher LaFemina said yesterday the majors...Read More
This week's episode features the Decarbonization Panel from the Canadian Mining Journal's ReImagine Mining Symposium, featuring Emily Thorn Corthay, Founder and CEO, Thorn and Associates; Mark Fellows, Co-founder, Director, Commercial, Skarn Associates; Luke Mahoney, Head of Technology and innovation, Vale; Maarten van Koppen, VP, Product Management, MacLean Engineering; Brian Huff, VP of Product...Read More
Canada's Centerra Gold (TSX: CG; NYSE: CGAU) says the Kumtor mine the Kyrgyz government had expropriated in May has underperformed the 2021 mine plan for June through September by 24%.According to Centerra, Kyrgyz officials and the government-imposed 'external management' continue to claim that Kumtor operates normally, but the numbers tell a very different story."In particular, gold output plunge...Read More