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
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") an AI-driven platform used for distribution of product information to any retailer globally, announces growing Mesh Connector?,,? sales and additional channel requests from one of North America's largest home furnishing manufacturers.The client company is a well-known brand in the home improvement industry. It b...Read More
"AIM is a market and environment which is more suited to the company's current size and strategy and will offer greater flexibility with regard to corporate transactions," the Isle ofRead More
The nickel, copper and PGM miner has now fully suspended operations at its Oktyabrsky and Taimyrsky mines located in Russia's Far North, having announced a temporary suspension on February 24.Read More
(IDEX Online) - Iconic jeweler Harry Winston has been displaying the record-breaking vivid pink diamond named after its founder at its New York store - and says it is accepting sales inquiries.The 18.96-carat rectangular-cut gem became the priciest pink diamond ever sold by auction house Christie's when it went for $50.4im n November 2018. The Pink Legacy Diamond went on display fo...Read More
(IDEX Online) - India is to host its first major gem and jewelry trade show since the start of the Covid pandemic.Visitors to India International Jewellery Show (IIJS) Signature 2021 in April will only be admitted on production of a recent negative Covid-19 report.The show, expected to attract over 750 exhibitors, signals a return to "business as usual" after a year in which virtually all shows ac...Read More
(IDEX Online) - Year-on-year diamond prices for February were up 1.9 per cent, the biggest monthly increase for over two years. They have been climbing for almost a year now and appear to be finding their level after recovering from the doldrums of the first Covid waves. After the disruption of the early months of the pandemic, the graph has resumed its traditional wave pattern. Monthly prices wer...Read More
Hot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliThe company started drilling in mid-December and after a short break for Christmas, Xtract announced on January 12 that "significant copper mineralisation" had been intersected in the first hole fromRead More
Hot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliThe update comes as copper remains close to a near-10-year high reached in February, when it surged above US$9,000 a tonne and $4/lb for the first time since 2011, on tight supply and economic optimism.SAVANT's global activity dispersion index average was 45.8 for February, compared with 46.5 a month earlier when significant fall...Read More
While Colombia, Ecuador and some parts of Peru are less explored than some more established mining jurisdictions, the three countries feature a rich mining history and prospective geology. Below, we showcase eight companies active in South America.Aris GoldAn employee at Aris Gold's Marmato project in Colombia. Credit: Aris Gold.Aris Gold (TSX: ARIS; US-OTC: ALLXF) was formed this year from predec...Read More
Unigold (TSXV: UGD; US-OTC: UGDIF) has released the latest drill results from its exploration program at the Candelones Extension deposit, part of the company's wholly-owned Neita concession in the Dominican Republic, 220 km northwest of the capital Santo Domingo.Highlights included drillhole LP20-165, which returned 7 metres grading 21.89 grams gold per tonne, 17.46 grams silver per tonne, 2.68%...Read More
Pure Gold Mining (TSXV: PGM; LSE: PUR) has released the results of surface exploration drilling completed at the Wedge, Treasure Box and No. 1 Vein targets within its 47-sq.-km PureGold property in Red Lake, Ontario. The drillholes hit intervals of high-grade gold outside of the existing resources - a resource update is underway with results expected in the second quarter.Drill highlights from the...Read More
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) announced on March 4 that its CEO Ulf Quellmann is leaving the company after majority-owner Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) told the Canadian miner that it planned to vote against his re-election at the annual shareholders' meeting in May.The board has appointed Steeve Thibeault as interim CEO. Thibeault previously served as the company's c...Read More
Auteco has the right ingredients with PickleSPONSOREDauteco mineralsAzure's Western Australia nickel success could get golden hueSPONSOREDazure mineralsHot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliMegatrends 2035: How expansion of megacities will impact demand for commodities?EUR
Huntsman Exploration says early indications from its new 16-hole, 3500m drill programme at the Canegrass project in Western Australia show strong nickel sulphide intersects among targets located along a 7km mineralised trend. The programme follows up on the company's 2018 success, which according to CEO Peter Dickie, show massive potential.Although assays from the current programme are pending, ni...Read More
The list of problems exposed by the cold snap in Texas last month is long and depressing.From a billing system being blamed for doing exactly what it was designed to do with variable pricing... to normally grandstanding politicians squabbling over who should take the blame... to energy generation and transmission systems that were revealed to be flawed about a decade ago and never improved.Never o...Read More
"The financial memory," argued John Kenneth Galbraith, "should be assumed to last, at a maximum, no more than 20 years."Why 20 years?This is normally the time it takes for the recollection of one disaster to be erased and for some variant on previous dementia to come forward to capture the financial mind. It is also the time generally required for a new generation to enter the scene, impressed, as...Read More
Xplore Resources Corp. announces today that it has received condiRead full newsRead More
Cabin Lake property fly-over video, including drill holes (historic and planned).Read full newsRead More
Hut 8 mining is one of the largest and most innovative Bitcoin mining companies in the world. There are several advantages that set them apart and they are t...Read full newsRead More
Hut 8 mining is one of the largest and most innovative Bitcoin mining companies in the world. There are several advantages that set them apart and they are t...Read full newsRead More