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
(IDEX Online) - Lucara reported a fall in revenue and per-carat prices during the pandemic as it held back the large stones (+10.8-cts) that usually represent 70 per cent of its sales. They'll start selling them next month.But the Canadian miner said it was looking forward to increased demand and the $514m extension of its Karowe mine, in Botswana.It reported a net loss for the year to 31 Dec...Read More
Copper-focused miner Capstone Mining (TSX: CS) has announced a production and costs beat for 2020, driven by strong fourth-quarter output at both the Pinto Valley open pit mine in Arizona and at the Cozamin underground mine in Mexico.With a total of 44.4 million lb. of copper generated in the fourth quarter (34.1 million lb. from Pinto Valley and 10.3 million lb. from Cozamin), Capstone's producti...Read More
Near-surface drilling at GoGold Resources' (TSX: GGD) Los Ricos North project in Jalisco state, Mexico, has hit high silver grades and returned wide intervals of mineralization. The company has released assays for 12 diamond drill holes completed around the El Favor target area, focused on the Salomon, Guitarrillas and Los Chivos veins.Drill highlights include longer intercepts, such as 33.9 metre...Read More
Nexa Resources (TSX: NEXA; NYSE: NEXA) is looking to expand its copper assets, CEO Tito Martins told MINING.COM. "Copper is the mineral of the moment, of the decade, and maybe the next decades," said Martins, a former Vale Canada chief.Copper prices surged again today with the metal hitting above US$9,000 a tonne for the first time in nine years. The bellwether industrial metal has doubled in pri...Read More
Australian iron ore major Fortescue Metals Group (ASX: FMG) has apologized to a local Aboriginal group for clearing land on a heritage site without representatives of the community being present while the work was done.The iron ore miner had Western Australian's government permission to clear land in the Weelamurra Creek area, on condition that members of the Wintawari Guruma people were present t...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
Who benefits?It's a question that's worth asking most of the time. When it comes to financial news in particular, you don't really need to look too far into the past to see where the question should have popped up. Take the recent episode with GameStop's stock, for instance. On one side, you had retail investors engaging in collective action that resulted in the stock's price rising. On the other...Read More
Granada Gold Mine Inc. is pleased to announce that the Company haRead full newsRead More
Equity Metals Corporation reports today that the previously annouRead full newsRead More
Nevada replaces iron ore-rich Western Australia as the most attractive mining jurisdiction, according to the Fraser Institute.Read full newsRead More
Newrange Gold Corp. is pleased to announce that continued ReverseRead full newsRead More
Not for Distribution to the United States Newswire Services or foRead full newsRead More
Libero Copper & Gold Corporation is pleased to announce that theRead full newsRead More
The so-called metals 'supercycle' may be pie in the skyRead 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
Precious metal miners riseRead full newsRead More
AngloGold Ashanti on Monday joined gold mining peers in boosting payouts to shareholders after reporting a leap in annual earnings thanks to surging gold prices.Read 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
Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) announces its subsidiary company, East Side Games Inc. ("ESG"), has entered into a three game partnership with Kano Applications Inc. ("Kano") for the global release of three mobile games on iOS and Android (the "Partnership").Forged in 2019 when the companies first collaborated on FUBAR as an exploratory project testing narrative driven mobile idle gam...Read More