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
Australia's Danakali (ASX: DNK; LSE:DNK) says filtered seawater is a reliable, unlimited and economic option to use in the sulphate of potash (SoP) production process at its Colluli project in Eritrea.The Perth-based miner said it will now rely on a combination of beach well intake, smaller pumping station and greater renewable energy to pump filtered seawater to the processing plant at the Coll...Read More
Frontier Lithium (TSXV: FL; US-OTC: LITOF) said the Ontario government is injecting $363,000 (about US$300,000) into the company's pilot of a proprietary process that seeks to overcome certain risks linked to conventional lithium chemical processing used commercially outside North America.Frontier is developing the PAK lithium project in northwestern Ontario, said to host the province's largest a...Read More
Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDRemembering the lessons from the last gold bull marketSPONSOREDsrk consultingIn 2015, Bannerman Resources was painting itself as the leading candidate among new uranium pr...Read More
Mr. Biden will issue his first budget proposal tomorrow morning. Under his scheme:The federal government would ladle out $6 trillion in fiscal year 2022. Annual portions would expand to $8.2 trillion by 2031.The United States government has not spent so deliriously since the Second World War.The New York Times:President Biden will propose a $6 trillion budget on Friday that would take the United S...Read More
I just returned from our annual Angel Investment Summit. It was held at the beautiful Chesapeake Bay Resort and Marina on Maryland's Eastern Shore.Here's a shot of the docks taken from our company drone:Much like the sunset on the calm waters of the bay, the vibrant reflections that took place over the three days we spent there could not have been clearer or more serene.You see, the event was the...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
Blue Star Gold Corp. announces that it plans to mobilize its summRead full newsRead More
Golden Independence Mining Corp. or is pleased to announce the coRead full newsRead More
Construction pushed back until H2'23Read full newsRead More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ, OTCQB: VENZF) ("Venzee" or the "Company")announces that it will file 2021 first quarter results after market Monday, May 31 and hold a conference call to discuss these financial results on June 1, 2021.John Sexton Abrams, Chief Executive Officer, and Darren Battersby, Chief Financial Officer of Venzee Technologies, will discuss the results in...Read More
The proceeds will be used to advance the exploration and development of its Panuco silver-gold project in Sinaloa, Mexico, to make option payments and pursue strategic opportunities.Read More
"We're not a huge believer in a super-cycle now," said Geordie Wilkes, head of research at Sucden Financial, at the online LME Asia Metals 2021 seminar.Read More
Share this article VANCOUVER - Northern Vertex Mining Corp. [NEE-TSXV; NHVCF-OTC] on Wednesday May 26 released results from its multi-phase infill and resource expansion drilling program at the 100%-owned Moss mine in northwestern Arizona. The latest results are focused along strike to the east of the producing gold mine.Drilling highlights include 21.34 metres grading 1.98 g/t gold and 23.75 g...Read More
(IDEX Online) - Australia is set to become a diamond-mining nation again, with the planned resurrection of the Merlin mine, in a remote part of Northern Territory.Lucapa, which also has interests in Angola and Lesotho, agreed to buy the deposit for $6.6m and hopes to have it operational within two years.Merlin produced Australia's largest ever rough diamond - 104-carat type IIa -...Read More
(IDEX Online) - Italian football legend Fabio Cannavaro is auctioning his extremely rare Patek Philippe watch - and donating the proceeds to help at-risk youth in his hometown of Naples.The pink gold timepiece, reference 5208R, is estimated to fetch $705,000 to $962,000 at the Hong Kong Watch Auction XII, to be held jointly by Phillips and Bacs & Russo.Only 10 such watches are produced annuall...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe 205 workers remotely manage pits and cathode and concentrator plants at the Escondida and Spence copper mines, The union said Escondida's profits jumped 119% in 2020 to US$2.Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationTshisekedi made the announcement on Twitter, congratulating the company for "having reached this important milestone which indicates that the DRC is open for business and investment".Read More
Just over 20 months after exploration drilling commenced at its Crawford nickel sulphide asset, Canada Nickel Company (TSX: CNC; US-OTC: CNIKF) has completed a preliminary economic assessment for the project, 40 km north of Timmins, Ontario.The PEA envisioned a conventional open pit mine and mill that will produce both nickel and magnetite concentrates over a mine life of 25 years, and the company...Read More