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
Share this article VANCOUVER - Metals Creek Resources Corp. [MEK-TSXV] has commenced drilling at the Ogden gold project in Timmins, Ontario. The Ogden gold project is a 50/50 joint venture with Newmont Corp., [NGT-TSX, NEM-NYSE] with Metals Creek serving as the operator.The Thomas Ogden zone (TOG) will be the main focus of this drill program, with emphasis on further defining the orientation of h...Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesDeveloping Canada's Premier Copper-Gold MineSPONSOREDFirefly shines as new era loomsSPONSOREDfirefly resourcesJobet said the government wants to put policies in place to virtually double copper production to around 9 million tonnes per year by 2050 as well as making production 1...Read More
The acquisition comprises three underground mines, a plant and 2450sq.km of ground in the Iberian Pyrite Belt across Spain and Portugal.Read More
Nickel and its compounds are essential for manufacturing steel, but nickel has also been dubbed 'the silent saviour' as it plays a role in the global transition to clean energy as one of the key metals used in batteries for electric vehicles.Total nickel reserves are estimated at 94 million tonnes globally, according to the US Geological Survey, with Indonesia and Australia among the countries ho...Read More
Glencore's (LSE: GLEN) long-running campaign to sell its CSA copper mine in Australia's New South Wales state seems to be finally coming to an end as the miner confirmed today it has received interest from bidders for a potential deal. The Swiss firms is expected to tap Bank of America and UBS to assist with the sale of the underground mine near Cobar, which Glencore first tried offloading i...Read More
The Northern Miner's third Global Mining Symposium of 2021 began with a Thought Leadership panel discussing one of the most important issues facing the mining industry: environmental, social and governance (ESG).The global importance of ESG issues was evident as the panel discussion came just a day after Chinese President Xi Jinping announced to the United Nations' General Assembly that his countr...Read More
Mining veteran Mick Davis has cut ties with Niron Metals, an investment vehicle he co-founded in 2019 to develop Guinea's Zogota iron ore deposit, previously owned by BSG Resources (BSGR). The former Xstrata boss, who was chair of Niron, ceased to be a director last week and is no longer a person with "significant control" of the private company, filings at Companies House, England'...Read More
Researchers at the University of Central Florida are using an engineered nanostructure called cerium oxide modified with small amounts of silver to produce a disinfectant that can continuously kill viruses on a surface for up to seven days.Cerium oxide is known for its regenerative antioxidant properties and this development could be a powerful weapon against Covid-19 and other emerging pathogenic...Read More
The Northern Miner's third Global Mining Symposium of 2021 began with a Thought Leadership panel discussing one of the most important issues facing the mining industry: environmental, social and governance (ESG).The global importance of ESG issues was evident as the panel discussion came just a day after Chinese President Xi Jinping announced to the United Nations' General Assembly that his countr...Read More
On Saturday, the Dragon spacecraft carrying SpaceX's Inspiration4 mission splashed down safely in the Atlantic Ocean after three days in orbit.It carried four passengers: physician assistant at St. Jude Children's Research Center (and childhood bone cancer survivor herself) Hayley Arceneaux, geoscientist and former NASA astronaut candidate Sian Proctor, Air Force veteran Chris Sembroski, and Jared...Read More
There are so many examples of depredations in American public life that it's impossible to keep up. Things happen daily now that would have caused national outrage a few years ago.But our sense of outrage has become dulled after nearly 20 months of the most irresponsible public policies in many generations. These days, news of terribleness just washes over us, and we hardly have time to think abou...Read More
Nevada's prolific gold production, mineral potential and mining-friendly policies make it a world-class jurisdiction for high yields and exciting profits.Read full newsRead More
In the latest trading session, Barrick Gold (GOLD) closed at $18.23, marking a -1.19% move from the previous day. This move lagged the S&P 500's daily gain of 1.21%. Heading into today, shares of the gold and copper mining company had lost 7.05% over the past month, lagging the Basic Materials sector's loss of 3.02% and the S&P 500's loss of 0.9% in that time. GOLD will be looking to d...Read More
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An arrest has been made in connection with a homicide in Morganton.Read full newsRead More
E2Gold Inc., a Toronto-based small-cap gold exploration company, recently received positive attention from Dr. Quinton Hennigh, Geologic and Technical Director of Crescat Capital, and independent technical analyst Clive Maund. Hennigh's firm is a Denver-based global macro asset management firm that recently led a financing round for E2Gold and now holds 11% of the company.Read full newsRead More
Commander Resources Ltd. (TSXV: CMD) (Read full newsRead More
FPX Nickel CEO Martin Turenne joined Steve Darling from Proactive to share news the company has completed their drilling program on the Decar Nickel Project ...Read full newsRead More
Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WP0) (Read full newsRead More
The trading price of Harmony Gold Mining Company Limited (NYSE:HMY) closed lower on Tuesday, September 21, closing at $3.28, -0.61% lower than its previous close.>> 7 Top Picks for the Post-Pandemic EconomyRead full newsRead More