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
JUNEAU, Alaska (AP) - A proposed gold mine in western Alaska has won a key approval,...Read full newsRead More
American Eagle Gold (AE: TSXV) has launched its campaign on the Investing News NetworkRead full newsRead More
Fredericton, New Brunswick--(Newsfile Corp. - May 31, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE: 706) (Read full newsRead More
Vancouver, BC - Tribe Property Technologies (the "Company" or "Tribe"), a leading provider of technology-enabled property management solutions, today announced its financial results for the three months ended March 31, 2021.Quarterly Business HighlightsReported record revenue and strong gross margin2 percentage improvementCompleted its going-public transaction, releasing $13.3 million of cash f...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ | OTCQB: VENZF) ("Venzee" or the "Company"), a "smart tech" Software as a Service (SaaS) platform used by Consumer Brands to move critical, consumer-facing product information to any global retailer, announced today financial results for the first quarter ended March 31, 2021. The unaudited condensed interim consolidated financial stateme...Read More
The company closed the placement, priced at $2.45 per share and $3.10 per flow-through share, last week."The offering was subscribed to by, among others, a single institutional investor, Mr Pierre Lassonde and Trinity Capital Partners Corporation and Affiliates," Marathon said.Highlights from a feasibility study in March had outlined a 13-year mine at Valentine with peak average annual production...Read More
(IDEX Online) - Diamonds seized from illegal miners in Lesotho are to be sold to licensed dealers by the country's mining ministry.Small-scale diamond mining was outlawed in 2004 because of safety concerns and a lack of regulation, although there are reports that the government is now about to permit the resumption of limited artisanal operations.Bids are being invited during a two-day tender...Read More
(IDEX Online) - De Beers has partnered with Disney for the first time, providing high jewelry for the new movie Cruella.British actress Emma Thompson (pictured) wears pieces from the Arpeggia collection as she plays the fashion designer Baroness Von Hellman in a new take on the classic 101 Dalmatians, set in 1970s London.They include a five-line necklace and three-line earrings in white gold and t...Read More
(IDEX Online) - A London jeweler has launched a tiara-for-hire service, as brides take their inspiration from TV period dramas.Hancocks, founded in 1849 and located in Mayfair, is making its collection of vintage and antique treasures available for the big day.It charges one per cent of their value for a 24-hour loan, which works out at a little over $1,300 for one of the highlights of its collect...Read More
Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherThe above intercept, from 12.19m, also included 19.8m at 2.44g/t gold.A second hole intersected 59.1m at 1.03g/t from 3.04m, including 15.2m grading 2.94g/t.Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherCEO J. Paul Stevenson said the results were exciting and showed "excellen...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe DRC has reintroduced its ban on copper and cobalt concentrate exports, which expired on April 12, and Ivanhoe said it was aware of the order issued to customs officials by a provincial director in Katanga.However the company said it was also aware of a subsequent letter confirming companies with an exempt...Read More
The Northern Miner's second-quarter Global Mining Symposium in mid-May was a great success, with 1,432 delegates tuning in from 86 countries. In this issue we cover the conference's keynote speakers, Jake Klein of Evolution Mining and David Garofalo of Gold Royalty.Over the last year and a half, Klein has expanded the Australian gold miner's footprint overseas, with two large acquisitions in Canad...Read More
The Northern Miner and sister company MiningIntelligence have put together a list of the top ten Canadian operators in the countries that make up the South American Cordillera. Their order or ranking is based on market capitalization as of May 27.The list encompasses those companies with open-pit or underground mines in Argentina, Bolivia, Chile, Ecuador and Peru.Commodities include copper, gold,...Read More
Dundee Precious Metals (TSX: DPM) will add its first project in the Americas to its portfolio by acquiring all the shares it doesn't already own in junior miner INV Metals (TSX: INV), which owns the advanced-stage Loma Larga gold project in southern Ecuador.As part of the deal, Dundee will buy each of the issued and outstanding common shares of INV Metals it does not currently own for 0.0910 of...Read More
Goldsource Mines (TSXV: GXS) is rapidly advancing the Eagle Mountain project in Guyana, the country's second-largest undeveloped gold deposit, CEO Steve Parsons tells The Northern Miner in an interview.On February 22, the Canada-based company published a new National Instrument 43-101 resource estimate update on the project, essentially doubling the indicated and inferred resource categories to ju...Read More
President Jair Bolsonaro of Brazil promised the Yanomami indigenous people that he would respect their wishes to keep mining out of their reservation in the Amazon, though he still plans to use other indigenous lands for commercial agriculture and mining.In a video released late on Sunday, the former Army captain is seen talking to indigenous leaders in Maturac??, an Amazon village at the western...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationWhile the bill enjoyed widespread support among opposition parties, senator Isabel Allende of the Socialist party voted against its implementation along with two other opposition senators on theRead More
Dear Outsider,I want to take a few words to remember those who made the ultimate sacrifice. Without them, we wouldn't have the privilege of living in the greatest country in the world. And to all the military families and veterans out there, we thank you.I come from a military family (go Navy!). My great grandfather left Princeton to drive ambulances for the French army in World War I and then fou...Read More
For months, human traffickers beat and drugged Blessing, hauling the 27-year-old from one gold mine encampment to the next, where each night she was forced to sleep with dozens of men for less than $2 a person.The madam who lured Blessing to the landlocked West African nation of Burkina Faso with promises of a hair salon job, threatened to kill her if she tried to run away."Nobody comes to your re...Read More
For months, human traffickers beat and drugged Blessing, hauling the 27-year-old from one gold mine encampment to the next, where each night she was forced to sleep with dozens of men for less than $2 a person.The madam who lured Blessing to the landlocked West African nation of Burkina Faso with promises of a hair salon job, threatened to kill her if she tried to run away."Nobody comes to your re...Read More