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
It seems odd not being in Toronto during the first full week of March. For as long as I can remember, the Prospectors & Developers Association of Canada (PDAC) convention has started on the first Sunday in March. This year, however, not only is the first Sunday on the 7th (which is the latest it has been for 11 years) but the coronavirus leaves us with a Monday start. At least the mining industry'...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has teamed up with two European companies to explore production of low-emissions hot briquetted iron (HBI) in Canada, amid increasing pressure from stakeholders to make steelmaking a more environmentally-friendly activity.The mining giant, which has been working on cutting the sector emissions since 2019, has inked a memorandum of understanding with Luxe...Read More
I hate the word "green." It is a marketing tool nine times out of 10.It's been reduced to a keyword. It's a diluted panacea of PR jargon that tests well in ad campaigns, akin to "sustainable" and "natural" and "renewable."The problem is we just can't shake it for something more specific. I'm afraid "green hydrogen" will be a casualty of this dilution of meaning. This would be a travesty.It is a pr...Read More
The world was recently mesmerized by the ability of the Bros (short for "brothers"), a crowd of like-minded, mostly male millennials, to increase the price of GameStop from $20 per share to $400 per share in a matter of days.The fact that the Bros did this using stimulus check money and the Robinhood trading app did not diminish the sky-rocketing numbers behind the frenzy. The stock later collapse...Read More
Spruce Ridge Resources Ltd. is pleased to announce receipt of $75Read full newsRead More
White Metal Resources has launched its campaign on the Investing News NetworkRead full newsRead More
Libero Copper & Gold (TSXV:LBC) has launched its campaign on the Investing News NetworkRead full newsRead More
ESG concerns will be the result of the rising supply of MHP aimed at responding to the demand for battery metal commodities.Read full newsRead More
A new (Northern) Star is bornRead full newsRead More
The U.S. Environmental Protection Agency announced that certain copper alloys provide long-term effectiveness against the virus that causes COVID-19, the first product to get the approval.Read full newsRead More
A Saudi-led coalition said it had intercepted an explosive-laden drone fired by Yemen's Houthi rebels.Read full newsRead More
An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.Read full newsRead More
Injecting pellets of lithium into a tokamak's divertor could help control high-risk conditions.Read full newsRead More
ESG concerns will be the result of the rising supply of MHP aimed at responding to the demand for battery metal commodities.Read full newsRead More
An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.Read full newsRead More
Meanwhile iridium is the latest precious metal to soar, with Reuters reporting supply shortages and expectations it would be used to produce hydrogen to power a greener economy lifting its value by 160% in two months.It's risen from US$1,685 an ounce on December 12 to a record $4,390/oz, the wire service said.Impala Platinum (JSE: IMP), which produces about 67,000 ounces of iridium annually, rose...Read More
(IDEX Online) - A fintech startup will tomorrow launch standardized diamond "coins" for investors in a move which could "reinvent the supply chain".Diamond Standard, based in Bermuda, will offer the first 5,000 diamond standard coins, each containing "a set of certified natural diamonds with identical geological scarcity" weighing 4.5 carats and to the exact value of $5,000.Each coin (pictured) al...Read More
(IDEX Online) - Prices of fancy color diamonds fell marginally for a second consecutive quarter says the Fancy Color Research Foundation (FCRF).Blue gems were down year-on-year by 1.3 per cent, pinks 0.9 per cent and yellows 0.3 per cent in Q4 of 2020.The New York-based FCRF) has produced was unable to produce figures for Q1 and Q2 of the year, because business was too slow to provide sufficient d...Read More
(IDEX Online) - Alrosa sold $10m of rough at its first 2020 auction of special-size stones.The Russian state-owned miner described demand as "stable", although almost 20 per cent of lots weren't sold.It said it had buyers for 104 stones, all over 10.8 carats, with a combined weight of over 1,500 carats.Last week Alrosa reported total rough and polished sales of $430m for January, up six per c...Read More
Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesEnvironmental and social governance (ESG) is critical to the success of miningSPONSOREDonyen corporationMembers of Arizona's San Carlos Apache Tribe sought to stop the transfer on the grounds t...Read More