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
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 resourcesTurn the clock forward to the present day and the mood is positively buoyant; higher metals prices and in...Read More
First Majestic Silver (TSX: FR; NYSE:AG) is buying the Jerritt Canyon gold mine in Elko County, Nevada, from Sprott Mining for US$470 million in shares and five million share purchase warrants.As part of the deal, Sprott Mining President Eric Sprott will complete a US$30 million private placement investment in First Majestic.The Canadian miner said it had identified opportunities to enhance the mi...Read More
A number of investment firms contacted by Mining-Journal.com in the wake of Bentley's announcement that it would pay $900 million cash and about $150 million of equity for Seequent suggested the high price underlined the rising value of quality firms exposed to mining, and the perceived expansion of mining IT spending to address technical challenges and enable better cross-discipline collaboration...Read More
*I shared this article with my Crow's Nest readers this week, but delayed flights, jet lag, and the ravages of Las Vegas left me bereft of the mental energy for a new Outsider Club editorial. Enjoy the free stock pick, my compliments.Dear Reader,I have just returned from a wild trip to the desert in Las Vegas.While I was there, we snapped this picture on an ancient bed of a long-dried-out lake. It...Read More
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NEW YORK, March 10, 2021 /PRNewswire via COMTEX/ --NEW YORK, March 10, 2021 /PRNewswire/ -- Gold prices rebounded about 2% on Tuesday, surpassing the key...Read full newsRead More
GT Gold, Discovery Harbour surgeRead full newsRead More
Newmont Corporation and GT Gold Corp announced that the companies have entered into a binding agreement in which Newmont will acquire GT Gold.Read full newsRead More
NEW YORK, March 10, 2021 /PRNewswire via COMTEX/ --NEW YORK, March 10, 2021 /PRNewswire/ -- Gold prices rebounded about 2% on Tuesday, surpassing the key...Read full newsRead More
Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW), a leading global developer and provider of cellular communications solutions for enterprise customers, announces that V.P. of Corporate Development Daniel Kim will present at Maxim Group's Inaugural Emerging Growth Virtual Conference to be held March 17-18, 2021.Investors can view Mr. Kim's general corporate presentation once they registe...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) ("Venzee" or the "Company") an AI-driven platform used for distribution of consumer-facing product information to retailers, announces today additional block sales of its Mesh Connector?,,? product and additional channel requests from two well-recognized home furnishing manufacturers with extensive North American retail networks.Both clients b...Read More
GT Gold (TSXV: GTT) reached an all-time high yesterday, closing up 59.7% to C$3.21 on news of Newmont's all-cash acquisition at $3.25 per share, a 38% premium to GT's 20-day VWAP.GT put the total equity value of the transaction at $456 million on a fully diluted basis, while Newmont put the cash consideration at $393 million.Interestingly Newmont, which already held about 15% of the explorer focus...Read More
Share this article OTTAWA - Global demand for critical minerals is increasing to support the transition to a low emissions global economy. Canada can leverage its mining and processing expertise and world leading environmental, social and governance credentials, and become the global supplier of choice for clean and advanced technologies.Canada's Minister of Natural Resources, Seamus O'Regan Jr.,...Read More