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
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) is extending its footprint to Australia with a US$46 million acquisition of a 19.99% stake in New Century Resources (ASX: NCZ), which owns the Century tailings zinc retreatment plant in Queensland. The news comes on the heels of the South African miner's purchase earlier this week of two nickel and copper mines in Brazil from Appian Capital Advisory, in...Read More
Equinox Gold (TSX: EQX; NYSE: EQX) has begun full-scale construction at its US$1.23 billion Greenstone Gold Mines project in Ontario, Canada, which is slated to become one of the country's largest gold mines, producing more than 400,000 ounces of the metal annually for the first five years of operations. Being advanced in 60:40 joint venture with Orion Mine Finance Group, the complex is made up o...Read More
Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and its partner Salazar Resources (TSX: SRL; US-OTC: SRLZF) have released a feasibility study with updated mineral resources and a first estimate of mineral reserves for their Curipamba copper-gold project's El Domo deposit, located about 150 km northeast of the port city of Guayquil in central Ecuador.The feasibility study outlines an initial open-pit m...Read More
Australian diversified major Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has teamed up with the United States Geological Survey (USGS) to hunt for critical minerals beneath the Continental Divide near Montana's Boulder Batholith.For the first time, the USGS has partnered with a resource company to fly airborne geophysical surveys in areas of interest in 2022 as part of its Earth Mapping Resources In...Read More
NorthWest Copper (TSXV: NWST) has hit the highest-grade copper-gold interval ever intersected at Kwanika, one of the two deposits at the company's advanced-stage copper-gold exploration project in British Columbia.The high-grade interval consists of massive to semi-massive copper and gold mineralization at a moderate depth in the western half of the deposit. It expands the high-grade portion of th...Read More
Share this article TORONTO - Golden Star Resources Ltd. [GSC-TSX; GSSA-NYSE American; GSR-Ghana] provided an update on the continued drilling programs within its 90%-owned Wassa mining concession in Ghana where there are currently three surface diamond drill rigs working. The Ghana government has a 10% carried interest.Two of the surface rigs continue to test the up and down dip extensions of the...Read More
In 1933 the United States was deep into the worst economic depression the nation had ever faced. The stock market crash a few years earlier wiped out millions of investors. Countless businesses went bankrupt. The unemployment rate neared 25%. Meanwhile, half the country's banks had failed.It was a dark time for America - and not unlike many of the conditions we face today.In their time of need, th...Read More
The effective federal funds rate - the official federal funds rate - gutters along at a scarcely registering 0.08%.But is the official rate the true rate? A leading question, to be certain. We would not otherwise raise it.What then is the true federal funds rate? Why does it matter?Today we hunt our answers in the "shadows"... drive a penetrating light through the murk... and illuminate our findin...Read More
Learn when companies announce their quarterly and annual earnings, along with the latest EPS estimates and conference call times from Yahoo Finance.Read full newsRead More
Company: Newlox Gold Ventures CorpListings : Canadian Securities Exchange, FrankfurtTickers: LUX , NGOMarket cap at time of publication: $ 37,5 MCADStock price at time of publication: $0.29 CADNumber of shares fully diluted 190,390,637Business: Environmentally friendly and socially responsible gold miningMarket Size: US$180bn Website: https://newloxgold.com/ ESGFIRE comments: We are pleased to s...Read More
Tempus Resources Ltd is pleased to announce 'bonanza' grade golRead full newsRead More
Iron ore prices dropped last week as risk sentiment was hurt by fears over growth in China, and as coal prices slumped.Read full newsRead More
Lithium producer Orocobre (ASX: ORE) was up about 4% in morning Australian trade.Gold, often used as a hedge against inflation, has risen above US$1,800 an ounce on the spot market as talk continues about inflationary pressures in the US.Copper, aluminium and nickel advanced on Monday as China urged local governments to speed up bond issuances, often used for infrastructure projects, to meet this...Read More
Look beyond market approach to project valuations: van ZylLeadershipPolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningLithium producer Orocobre (ASX: ORE) was up about 4% in morning Australian trade.Gold, often used as a hedge against i...Read More
Sylvania, which processes PGMs from chrome tailings at its dump operations in South Africa, reported a 3% quarter-on-quarter drop in production in Q3 to 15,771 of 4E ounces.Read More
PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperThe feasibility covers the first 10 years of mine life and details annual production of 10,463 tonnes per year copper and 21,390tpy...Read More
PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperThe company reported the results from seven holes for 2,843m from a 45,000m drilling programme with highlights including the best i...Read More
PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperThe news comes a week after producer B2Gold exercised an option to acquire a further 19% in its Aurion joint venture, taking its st...Read More
PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperThe deal continues Sibanye's pivot into energy transition metals having made investments earlier this year in lithium and nickel as...Read More
Kiaka is pitched as a long life, low strip ratio, open cut amenable to gravity recovery and cyanide leaching, at anticipated processing rates of 6-8 million tonnes per annum.Read More