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
Lithium, nickel and cobalt attract strong demand as shift to green economy acceleratesRead full newsRead More
Vancouver, BC- Summa Silver Corp ("Summa" or the "Company") (TSXV:SSVR, OTCQB: SSVRF, Frankfurt: 48X)is pleased to announce that it has engaged National Drilling EWP of Elko, NV to carry out drilling at the Company's high-grade silver-gold Hughes Property near Tonopah, Nevada in 2021.Drilling is expected to start in early to mid-April. The focus of the drilling will be to expand on previously r...Read More
Hint of Irish luck?Read full newsRead More
February 18, 2021- New Gold Inc. ("New Gold" or the "Company") (TSX and NYSE American: NGD) provides its annual operational outlook for the New AftonRead full newsRead More
Investors now have until May 15 to bid on blocks that will be awarded to the winning companies by September 15.Read full newsRead More
Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company"), Canada's leading free-to-play mobile game group, announces subsidiary company, East Side Games Inc. ("ESG"), has entered into a multi-year partnership with World of Wonder Productions Inc. ("WOW") for the exclusive mobile game rights to Emmy Award-winning competition series, RuPaul's Drag Race, to develop and publish a new...Read More
A special dividend of US39.6c brought total dividends paid out 2020 to 72.6c - versus 19.8c paid in 2019.Read More
Share this article TORONTO - Tinka Resources Ltd. [TK-TSXV; TKRFF-OTC; TLD-FSE] shares rallied in heavy trading volume Wednesday, March 17 after the company released new drilling results from the company's Ayawilca Project in Peru.The latest results include assays from six diamond drill holes from a 2020-2021 resource expansion and infill drill program.Four holes were located in the Camp area, an...Read More
(IDEX Online) - A trader has been arrested on suspicion of diverting duty-free gold worth almost $14m back into India's domestic market.Preet Kumar Agarwal is accused of re-directing 250kg of gold after it had been formally cleared by airport Customs officers for export, thus evading tax. He was arrested last Thursday under the Prevention of Money Laundering Act.India's Enforcement...Read More
(IDEX Online) - A new website launched by CIBJO provides easy-to-understand definitions of natural and lab-grown diamonds to avoid confusion for anyone who buys, sells or handles them.The site at www.whatisadiamond.org defines a diamond as a mineral consisting essentially of carbon that crystallises in the isometric (cubic) crystal system."It defines a synthetic diamond or laboratory-grown d...Read More
(IDEX Online) - A lab-grown diamond company claims it's going beyond carbon neutrality, by creating gems that are carbon-negative. Ryan Shearman and Dan Wojno, co-founders of Aether Diamonds, based in New York, say their diamonds pull excess carbon from the atmosphere. As a result, every one they produce has a positive impact on the planet.They use a patent-pending technique called carbo...Read More
Look beyond market approach to project valuations: van ZylLeadershipMicon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalRex ready to rollSPONSOREDrex mineralsDavyhurst back producing gold; can it produce a lot more?SPONSOREDora banda miningThe junior's stock started trading steady at the raising price, 20c, briefly ticking up to 23c after around 2...Read More
The mining industry is going through a seismic shift as factors such as reputational challenges, resistance to embracing new technology, an increased focus on sustainability and a lack of diversity are forcing mining organizations to adapt and evolve. The Covid-19 pandemic has amplified these challenges and primed the industry for change and growth.A new report by global executive search firm Odge...Read More
After acquiring the option to earn up to a 70% interest in the Berg property in central B.C. last December, Surge Copper (TSXV: SURG) has now updated a historic resource estimate for the porphyry deposit.Measured and indicated resources at the 348-sq.-km property now stand at 610 million tonnes in the measured and indicated category, grading 0.27% copper, 0.03% molybdenum and 3 grams silver per to...Read More
Permitting is a necessary evil in the mining business; drill pads, roads, trenching, water extraction - some countries require permits for literally every step of the exploration process, and to a certain extent, rightly so - although there is a happy medium somewhere between excessive bureaucracy and a sensible permitting regime. It's not something geologists enjoy, but we have to do it to get ou...Read More
Since its discovery in September 2020, the Koula deposit at Roxgold's (TSX: ROXG; US-OTC: ROGFF) Seguela gold project in Cote d'Ivoire, 240 km northwest of Yamoussoukro, has "blown all our expectations for the project out of the water" says the company's president and CEO John Dorward. "The latest drill results from the deposit continue to build our confidence that Koula has the potential to sig...Read More
A review of capital raisings for gold projects around the world between February 1, 2020 and February 28, 2021 conducted by The Northern Miner's sister company Mining Intelligence, has found that of the US$2.9 billion raised for gold projects in 41 countries, 75% went to projects in just five countries - Canada, Mexico, Australia, the United States and Chile. Of those, Canada received the lion's s...Read More
Denison Mines (TSX: DML; NYSE: DNN) is raising US$75 million for the "strategic acquisition" of physical uranium, an initiative the company expects to support the development of its 90%-owned Wheeler River uranium project in Saskatchewan's Athabasca Basin.Denison aims to accumulate about 2.5 million lb. of U3O8 as a long-term investment.The company said it expects the purchase will strengthen its...Read More
NASA's landing of the Perseverance rover right on target in the Jezero impact crater last month is both a remarkable achievement and a welcome diversion from the Covid-19 pandemic. The landing site is also of great interest to exploration geologists, of whom I am one of many. It is often said that when examining a particular geological feature, especially one from early in Earth's history, each of...Read More
Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalRex ready to rollSPONSOREDrex mineralsDavyhurst back producing gold; can it produce a lot more?SPONSOREDora banda miningSolaris Resources on winning streak in EcuadorSPONSOREDsolaris resourcesEro Copper reported net income of US$52.5 million on sales of $324.1 million in 2020, a 43% fall from the...Read More