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
First Majestic Silver (TSX: FRI; NYSE: AG) is investing $1.3 million in Blackrock Silver (TSXV: BRC; US-OTC: BKRRF), which has a portfolio of gold and silver properties in Nevada.First Majestic, which recently acquired the Jerritt Canyon gold mine in Nevada from Sprott Mining and has three producing silver mines in Mexico, is taking up just over half of Blackrock Silver's $2 million non-brokered p...Read More
Centerra Gold (TSX: CG) has sued the new external manager of its Kumtor mine, which was seized by Kyrgyzstan last weekend, claiming that he conspired to steal the asset from the company while he was a director.The Toronto-based miner alleges that former board member Tengiz Bolturuk, secretly co-operated with Canadian and U.S. lawyers, as well as with the government of Kyrgyzstan to stage the mi...Read More
Today we stagger into the Minotaur's maze of money...It may be familiar space to you. But a man must occasionally remind himself of his surroundings... fix his bearings... take stock of his position.And so we proceed…You sink your hand into your wallet. It resurfaces grasping a $20 bill.This bill is an asset to you, its holder. It represents a claim upon goods and services.But this asset of...Read More
I can't believe I have to say this, but...Investors should not follow breadcrumbs dropped by eccentric billionaires.I don't care if it's Elon Musk or Warren Buffett.Playing follow-the-leader is always a bad idea.You've got to get out ahead of the market.And that's what we've been doing with gold.For months now, I've been harping on inflation and preaching gold as a profitable hedge.In all that tim...Read More
Rick Mills of Ahead of the Herd profiles Magna Gold and explains why he believes it is on the verge of leading the next line of mid-tier precious metals producers in Mexico.Read full newsRead More
Located in one of Russia's most prolific gold mining provinces, Polyus' Olimpiada reigns as the top producing operation.Read full newsRead More
SECACO, Burkina Faso (AP) - For months, human traffickers beat and drugged Blessing,...Read full newsRead More
Fabled Silver Gold Corp. is pleased to announce that its Board ofRead full newsRead More
Victory Resources Corporation is pleased to announce that its expRead full newsRead More
BHP's South Flank achieves first oreRead full newsRead More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"),a royalty company for the U.S. licensed cannabis industry is pleased to announce growing demand and onboarding of leading cannabis brands for its investee company QVI, Inc. doing business as "The Galley", a cannabis infused product manufacturer located in Sonoma County, California.Andriyko Herchak, CEO...Read More
Miner accused of abdicating duties of careRead full newsRead More
Subdued demand set to finally stunt surge in domestic REE outputRead full newsRead More
AR3 is seeking $12 million at 30c per share to become one of just two publicly listed pure-play ionic clay rare earth element companies globally, joining Uganda-focused Ionic Rare Earths, within aRead More
The placement with a single unnamed institutional investor will see the Russia-focused miner issue 53 million shares priced at 26.Read More
The 80 million tonne per annum mine will be the most technically advanced iron ore mine in Western Australia.Read More
Share this article TORONTO - Wesdome Gold Mines Ltd. [WDO-TSX; WDOFF-OTC] reported underground exploration drilling results from the new high-grade gold discovery in the footwall of the Kiena Deep A zone at the company's 100%-owned Kiena mine complex in Val d'Or, Quebec.On March 23, 2021, Wesdome announced the initial discovery of a new high-grade gold zone in the footwall of the A zone, which ha...Read More
(IDEX Online) - India's overall exports of polished diamonds totaled $2.25bn in April, up slightly on $2.16bn in March, according to new figures from the Gems and Jewellery Export Promotion Council (GJEPC).The industry appeared to hold firm despite the devastating surge in Covid infections and deaths throughout the month.The seven-day average number of daily deaths was 350 at the start of Apr...Read More
(IDEX Online) - Chow Tai Fook and the Natural Diamond Council (NDC) are to work together to promote mined diamonds in China.It's the first time the NDC has announced a partnership with a retailer. It describes it as "a multi-year partnership (that) provides for a significant investment in marketing, advertising, visual merchandising and sales professional education."Chow Tai Fook, based in Ho...Read More
(IDEX Online) - Thieves smashed their way into a jeweler's store from an adjoining bakery, drilled into the safe and made off with a $200,000 haul.Staff arrived on Monday morning to find a gaping hole in the wall at Torquay Jewellers, in Torquay, a seaside resort in south-west England. Nothing appeared to have been taken in the weekend raid, until they realized the triple-skinned safe, c...Read More