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
The price for iron ore surged to a record US$237.57 per tonne on May 12 as strong Chinese demand continued to outpace supply.The record price levels are supported by a continued supply squeeze, with major iron ore producers reporting seasonally lower output in the March quarter, and growing concern over the escalating Covid-19 crisis in India, which could impact the country's exports of the metal....Read More
Black Iron (TSX: BKI; US-OTC: BKIRF) will grant Cargill offtake rights for an initial ten years on the first four million tonnes of annual production from its Shymanivske iron ore project in the Ukraine, and Cargill will provide a US$75 million finance facility for construction.The two companies, long active in the country, now plan to iron out and complete a binding agreement, which will include...Read More
Barksdale Resources (TSXV: BRO) has entered an definitive agreement to acquire two copper exploration projects located in Santa Cruz County, Arizona, from Kennecott Exploration Company, a wholly owned subsidiary of Rio Tinto (NYSE: RIO; LSE: RIO).Barksdale is advancing the Sunnyside copper-zinc-lead-silver and San Antonio copper projects, both located in the Patagonia Mountains of southern Arizona...Read More
High gold prices continue to make the precious metal one of the most sought after metals in Canada. Even companies with production are exploring for more. And there may be more new gold mines on the horizon.ARTEMIS GOLDArtemis Gold's (TSXV: ARTG) flagship project is Blackwater, 150 km southwest of Prince George, B.C. A prefeasibility study was completed last year for a three-stage development appr...Read More
At least three illegal gold miners inside the Yanomami reservation in northern Brazil have died, after they opened fire with automatic weapons on an indigenous community opposed to their presence in the area.The Yanomami group, the largest of South America's tribes that remain relatively isolated from the outside world, said armed miners attacked one of their communities on May 10, leaving one mem...Read More
A report commissioned by Glasgow-based engineering company the Weir Group warns that the total amount of power used in hard rock mining is equal to 12 exajoules per year or close to 3.5% of global energy use and that the industry must move away from legacy systems and processes if it wants to meet sustainability targets. After analyzing mine energy data from over 40 studies published from 2007 to...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman exploration"This project has to be the most modern example of Codelco, the most advanced, the best practices, the most competitive and I am pleased that this Division is extending its useful life for another 47Read More
A tsunami often takes its victims unawares... a liquid mountain rising sheer from a glass sea... suddenly... barreling ashore.The coastal areas are promptly scenes of astonishing apocalypse.In 2021... the skies have been azure, the breezes have been kind, the seas have dozed.Investors have thronged the beaches, merry as grigs. Many have been reading thrilling fiction - primarily the financial pres...Read More
In an article published on Monday in the Wall Street Journal, influential fund manager Stanley Druckenmiller criticized the Federal Reserve's continued response to the COVID-19 pandemic saying the central bank is too accommodating considering the fast recovery.Druckenmiller writes:With COVID uncertainty receding fast, and several quarters deep into the strongest recovery from any postwar recession...Read More
Adam Thompson: Perhaps we can start with the current state of the commodity market. This is a bull run, butRead full newsRead More
Adam Thompson: Perhaps we can start with the current state of the commodity market. This is a bull run, butRead full newsRead More
Visionary Gold Corp. is pleased to announce that founder and formRead full newsRead More
Comet Resources Ltd is pleased to advise that it has now finaliseRead full newsRead More
Fury holds three core Canadian gold projects: Eau Claire in Quebec, Committee Bay in Nunavut and Homestake Ridge in British Columbia.Read full newsRead More
Fury holds three core Canadian gold projects: Eau Claire in Quebec, Committee Bay in Nunavut and Homestake Ridge in British Columbia.Read full newsRead More
Company's expansion plans will draw intense scrutinyRead full newsRead More
Costs may come in to focus more when prices fallRead full newsRead More
Kumtor woes deepenRead full newsRead More
Vancouver, BC May 11, 2021 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters including PI Financial Corp. and Cormark Securities Inc. (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a "bought dea...Read More
Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company"), Canada's leading free-to-play mobile game group, today announces that the annual and special general meeting (the "Meeting") of holders (the "Shareholders") of common shares ("Common Shares") of LEAF is scheduled to be held virtually on June 29, 2021 at 10:00 am (Pacific Daylight Time).In addition to customary business matter...Read More