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
Osisko Mining (TSX: OSK) has made a new, high-grade gold discovery just 1 km north of its Windfall project in Quebec, cutting 6.7 metres of 27.4 grams gold per tonne.The Golden Bear find is located along a sub-parallel splay of the Windfall Bank Fault, in the Abitibi greenstone belt, and was discovered through reconnaissance drilling.The discovery hole hit the 6.7 metre interval of 27.4 grams gold...Read More
Serbia Zijin Mining, a wholly-owned subsidiary of China's Zijin Mining, has obtained a permit from the Serbian government to start mining activities at the Cukaru Peki copper and gold mine, part of the Timok project.Serbia's mining ministry said the country would become Europe's second-largest copper producer once the mine kicks off operations. (See News reported.)Cukaru Peki was originally slated...Read More
The price for lithium hydroxide is once again trading at a premium over that of lithium carbonate following a period that saw the historical price relationship inverted, new analysis by London-based Benchmark Mineral Intelligence has found.Hydroxide has typically traded above carbonate in the international and Chinese markets due to the chemical's traditional production method of being a product p...Read More
The US Department of Commerce is set to evaluate whether or not imports of rare earth permanent magnets from China poses a national security threat, but imposing tariffs on products sourced from its largest supplier might be counterintuitive, analysis by Rosskill has found.The White House released a report on June 8 detailing the findings from a 100-day review of vulnerabilities within the supply...Read More
Denison Mines (TSX: DML; NYSE-AM: DNN) and UEX Corp. (TSX: UEX; US-OTC: UEXCF) have hashed out a deal that will see each company with a 50% interest in JCU Exploration, a subsidiary of Overseas Uranium Resources Development Co. (OURD).Last month, Denison offered $40.5 million for the prized asset, after UEX had already come to an agreement with OURD to pay $12.5 million for JCU.Now, UEX has agreed...Read More
Share this article Anglo American's [AAL-LSE] De Beers Group unit, Debswana Diamond Company, and the government of Botswana announced the discovery of a 1,098-carat diamond believed to be the third largest gem-quality stone ever to be recovered, according to a Reuters article.Debswana Diamond Company's acting managing director Lynette Armstrong presented the spectacular gemstone to Botswana's Pre...Read More
The world's pile of discarded electronic devices, colloquially known as e-waste, is growing out of control.According to a 2019 U.N.-backed study, the world has now amassed about 54,000,000 metric tons of old laptops, cellphones, TVs, and other dead electronic devices. That's about 16 pounds of e-waste per person.The authors of the study calculated the combined weight of all trashed electronic devi...Read More
The federal funds rate remains glued at zero... as Mr. Powell and his fellows announced this afternoon.Yet is the Federal Reserve wobbling on its forecast of "transitory" inflation? Does it now fear an enduring inflationary menace?Today they mumbled the "transitory" line again.Yet their "dot plot" suggests two rate hikes in 2023. In March, they plotted no increases until 2024.James McCann, deputy...Read More
Barrick Gold Corporation GOLD recently announced that the framework agreement between the Papua New Guinea ("PNG") government and operator Barrick Niugini Limited ("BNL") took a major step forward to restart the Porgera gold mine. The deal provides that the Porgera mine will be owned by a new joint venture held 51% by PNG stakeholders and 49% by BNL. Per the terms, BNL will continue as the operato...Read More
Are you an investor who wants to park funds in gold? What's the best way to do it? Here's a guide.Read full newsRead More
Victory Resources Corporation is pleased to announce that the Company has launched an extensive geological sampling program on its recently acquired Smokey Lithium property in Esmeralda County, Nevada.Read full newsRead More
SKRR Exploration Inc. is pleased to announce it has entered intoRead full newsRead More
E79 Resources (CSE:ESNR) reports initial assay results received from the first two drill holes at its Happy Valley Gold Prospect.Read full newsRead More
Altiplano Metals (TSXV:APN) is completing an underground exploration and development plan at the historical Maria Luisa gold-copper mine.Read full newsRead More
Unlocking A District of Copper-Gold Deposits in ArgentinaRead full newsRead More
Exploring Compelling Copper-GoldPorphyry Opportunities in British ColumbiaRead full newsRead More
Exploring a Multi-metal Portfolio of Projects in Canada's Prolific Mining JurisdictionsRead full newsRead More
Price arguably similar to earlier deal involving broadly similar project, give or takeRead full newsRead More
TRU unveils corporate strategy "TRU Vision 2021", building shareholder value by exploring, developing & consolidating the Cape Ray-Valentine Lake Shear Zone.Read full newsRead More
Fredericton, New Brunswick--(Newsfile Corp. - June 15, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE: 706) (Read full newsRead More