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
Since the beginning of the year, Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has enlarged its land package around its Kandiole project in western Mali from about 250 sq. km to a little over 400 sq. km; completed over 30,000 metres of drilling; and says it's on track and fully funded to undertake a total of at least 100,000 metres during the course of the full 12 months."It will be a newsy year because...Read More
Millennial Lithium (TSXV: ML) announced that it was able to produce lithium carbonate of battery-grade purity from the first batch of brine processed through the company's pilot plant at its Pastos Grandes project in Argentina. Millennial said the plant produced lithium carbonate with a purity of 99.96%, just a bit over the typical battery-grade quality lithium carbonate of > 99.5% purity. Accor...Read More
Are mining companies being held back by their board composition? SPONSOREDswannEmmerson's premium offeringSPONSOREDemmerson plcAlto emerging on song at SandstoneSPONSOREDalto metalsReady for development copper-gold projectSPONSOREDjosemaria resources incThe Sustainability Accounting Standards Board (SASB), founded in 2011, is one of a plethora of private, government and community groups vying...Read More
White Metal Resources (TSXV: WHM) says it has discovered a new gold zone at its Tower Stock gold project, 45 km from Thunder Bay in northwestern Ontario's Shebandowan greenstone belt.The company reported assays of 1.7 grams gold per tonne over 82.5 metres, including 3 grams gold per tonne over 45 metres, in drillhole TM-21-94, which was drilled about 340 metres south of the project's U-V Zone gold...Read More
The Northwestern Health Unit (NWHU) this week said a COVID-19 outbreak had been declared at the mine, with a workplace outbreak defined as two or more cases who likely became infected at the workplace.New Gold said three employees had tested positive, while seven had tested "non-negative" with the in-house PCR device and were awaiting confirmation from the NWHU.It said all affected individuals had...Read More
Would a man trust a fox to mind his hens? Would he trust a dog to mind his dinner? Would he trust a thief to mind his store?Then why would he trust the government to mind his money?"Man needs more to be reminded than to be instructed," argued Samuel Johnson.A man knows his nose squats in the middle of his face. He looks right past it just the same.Today we remind men of the reason they initially c...Read More
This Tuesday was 4/20 - the bacchanalian holiday for stoners worldwide.Legend has it that on an April day in 1971 in San Rafael, California, five teenagers got together with a marijuana grower's "treasure map" in order to get high at their, ahem, high school. The Grateful Dead got a hold of the idea when one of those kids became a roadie, and the rest is history.I (vaguely) remember celebrating th...Read More
Judson Culter, CEO of Rover Metals, talked with Maurice Jackson of Proven and Probable about what the company is doing to follow up on its drill hole that was ranked the 11th best among all juniors in Canada in 2020.Read full newsRead More
Empress Royalty Corp. is pleased to announce it has closed and fuRead full newsRead More
Goldplay Mining Inc. is pleased to announce that it expects its cRead full newsRead More
Costs spiral but production guidance for the year maintainedRead full newsRead More
Company lifts copper guidance, but coal forecasts slashedRead full newsRead More
Emerging in the Gold Mining Space Through High-Quality Gold Exploration in British Columbia and PortugalRead full newsRead More
Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company") announces its subsidiary company, East Side Games Inc. ("ESG"), has entered into a publishing and IdleKit partnership agreement with Mighty Kingdom Games PTY Ltd. ("Mighty Kingdom") for the global release of a mobile game on iOS and Android (the "Partnership").Mighty Kingdom was established in 2010 and since then has released m...Read More
Brazil-based Vale's March quarter output was below analysts' expectations and 19.5% less than the previous quarter, while Rio Tinto's output was 2% lower year-on-year.Meanwhile BHP today said it had achieved record March quarter production at its Western Australian iron ore operations, 4% more than a year ago, however it also missed expectations and its shares were down almost 2% in morning trade....Read More
Nobel29 Resources gained 52.5%, New Target Mining rose 40% and Last Hope hopeful 55 North Mining added 4.76%.Big riser Nobel29 (TSXV: NBLC) has the right to acquire the past-producing Algarrobo iron oxide copper gold project in Chile.Its CEO is David Gower, who held senior roles with Falconbridge (now Glencore) and is also a director at Alamos Gold.The junior's chair Lawrence Guy said drilling was...Read More
Champion Iron, which operates the Bloom Lake mine in the Canadian province of Quebec, has seen its shares rise by 265% to C$6.Read More
Orders in the company's mining and rock solutions segment rose 36% year-on-year to SEK10.4 billion (US$1.2 billion).Read More
Share this article VANCOUVER - B.C.'s minerals and metals are needed for advances in green technologies and new innovations. The B.C. Budget 2021 announcement acknowledges the critical role that a strong mineral exploration industry plays in supporting the transition to a low-carbon future in B.C. through investments in infrastructure, skills training and permitting.The Association for Mineral Ex...Read More