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
Junior Mason Graphite (TSXV: LLG) has provided an update on testing of lithium-ion prototype battery cells made with graphite sourced from its Lac Gu?(C)ret deposit, 660 km north of Montreal.The cells, which contain coated spherical purified graphite made at pilot-scale facilities located in Quebec City, have completed 800 charge/discharge cycles while retaining 82% of their initial capacity."Whil...Read More
We celebrate the vernal equinox (Latin literally for "new equal night") on Saturday, March 20, when days and nights are of equal length. From an astronomical perspective, the Northern Hemisphere celebrates the start of spring.Actually, the start of spring is far from clear-cut. For a start, the equinox varies from a day earlier than this year's date to a day later, and spring began at the start of...Read More
Thompson will not seek re-election as a director at the 2022 annual general meetings. Thompson, a former geologist and investment banker, joined the board of Rio in 2014 and became chairman in 2017.Read More
More than 25% of all U.S. dollars in circulation right now were printed in the past 12 months.Think about that for a moment...For every three dollars that existed this time last year, four are now in circulation.And that's not even considering the broadest definition of money. As measured by M1, the Federal Reserve has increased the supply of greenbacks by 350% in the past year!U.S. Dollar Supply...Read More
After World War II, as the economy was converted from a garrison state to meet civilian needs, economists predicted dire times.Just as after World War I, conventional academic wisdom saw no upside to the end of wartime spending that, according to academic legend, ended the Great Depression.A sweeping Republican victory in the Congressional election of 1946 had ended the economic regime of wartime...Read More
Comet Resources Limited (Comet or the Company) (ASX: CRL) is pleased to announce that it has contracted Airborne Geo Exploration Pty Ltd (AirGeoX) to complete an aeromagnetic survey of its Barraba Copper Project located in north-east NSW.Read full newsRead More
NV Gold Corporation is pleased to announce that the Company has cRead full newsRead More
Goldcore Resources Ltd. announces that the board of directors havRead full newsRead More
Outback Goldfields Corp . is pleased to announce the start of a lRead full newsRead More
Usual suspects are in Sub-Saharan Africa and Latin AmericaRead full newsRead More
In northern Nevada, the gold mining industry has dominated for decades. Now Nevada lawmakers want to tap into that vein of wealth to ease the pandemic-induced budget crunch.Read full newsRead More
Buoyed by higher pricesRead full newsRead More
Wall Street was buoyant, with the S&P 500 making its strongest one-day gain since June, Reuters reported, as another COVID-19 vaccine received US approval and president Joe Biden's US$1.9 trillion relief package was passed by the house of representatives before heading to the senate.The S&P 500 closed up 2.38% to 3,901.82.Futures were up around the globe.Gold has slumped to $1,723 an ounce...Read More
The company's net income was US$739 million, up from a $1.56 billion loss a year earlier.Adjusted EDITDA rose 20% to $4.2 billion, after $4.8 billion in expenses of which $3.9 billion was related to the R37.7 billion (US$7 billion) Brumadinho settlement reached in January.Vale's ferrous minerals division achieved its second largest adjusted EBITDA of $8.8 billion, thanks to a 17% rise in realised...Read More
(IDEX Online) - Beyonce is joining jewelry designer Lorraine Schwartz to select two black students for scholarships at the GIA.They became friends through a shared love of jewelry and established The Beyonc?? (C) Knowles-Carter x Lorraine Schwartz GIA Scholarship.It will fund tuition and expenses for two successful applicants to the GIA's Graduate Gemologist distance learning program, wh...Read More
(IDEX Online) - A jeweler's guard dog dozes through an armed "raid" on a store in Thailand.Fortunately for owner Worawut Lomwanawong and Lucky, his docile husky (left of picture) it was only a training exercise by police in the city of Malay. In real life the perpetrator may well have been able to flee unchallenged.Mr Lomwanawong posted CCTV on Lucky's Facebook page and had well over a m...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
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
Fury Gold Mines (TSX: FURY; NYSE: FURY) has released assay results for the first five drillholes completed as part of a 25,000-metre program focused on expanding and upgrading the highest-grade lower eastern portion of the Eau Claire resource in the James Bay region in Quebec.Michael Henrichsen, Fury Gold's senior VP of exploration, said the latest results "meaningfully expand the high-grade resou...Read More
The last batch of infill results from Skeena Resources' (TSX: SKE) second-phase infill program at the past-producing Eskay Creek project in B.C.'s Golden Triangle includes long intervals of near-surface high-grade gold-silver mineralization.Latest results include assays for drillholes completed at the 21C and HW zones. Drill highlights from the 21C zone included 49 metres of 2.82 grams gold per to...Read More