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
An ISS astronaut got a perfect view of the gold prospecting pits in the Peruvian Amazon.Read full newsRead More
/PRNewswire/ -- Over the last decade, the global demand for gold has increased constantly and the pandemic has only bolstered that historical growth in both...Read full newsRead More
Gold equivalent production fell 5% year-on-year but hit guidance at 672,619 ounces, with better than expected output from Newmont's Peñasquito mine in Mexico and Glencore's Antamina in PeruRead More
Share this articleVANCOUVER - SIGMA Lithium Resources Corporation (TSXV: SGMA) (OTC-QB: SGMLF) announced that it has closed its previously announced upsized non-brokered private placement of common shares and has issued 9,545,455 common shares at a price of C$4.40 per share (which is 10% above the initial indicated price) for gross proceeds of C$42.0 million.The Offering book was oversubscribed an...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 corporationThe $571.6 million debt package includes $520 million of senior secured debt with a 12-ye...Read More
Israeli diamond and mining tycoon Beny Steinmetz is betting on Brazil's authorities in his battle against Vale (NYSE: VALE).In January, the billionaire businessman was found guilty of bribing a public official to secure the giant Simandou iron-ore mine in Guinea. He was sentenced to five years, but his lawyers say they will appeal all the way to the Supreme Court.Steinmetz and two colleagues were...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 corporationAn attempt by Gamestop-inspired retail investors to trigger a short squeeze on the silver...Read More
Ambler Metals, a joint venture between Canada's Trilogy Metals (TSX, NYSE: TMQ) and Australia's South32 (ASX: S32; LSE: S32), has inked a development funding agreement with the Alaska Industrial Development and Export Authority (AIDEA) aimed at building a critical road for a copper-zinc-gold project in the state's northwest.The partnership, formed in 2019, seeks to eventually develop the Upper K...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 corporationThe cost of the pre-development work and activities will be split equally between AIDEA a...Read More
With few mineral discoveries made over the past decade, the industry is now on the lookout for new deposits and future mines. Below, we provide an overview of eight companies, explorers, developers and producers, focused on discovery.Bear Creek MiningBear Creek Mining's (TSXV: BCM; US-OTC: BCEKF) key asset is the road-accessible 55-sq.-km Corani silver-lead-zinc project in the Andes mountains in s...Read More
I don't know about you, but I've been in lockdown so long I've almost forgotten what normal life was like. I know I used to go to bars, concerts, and sporting events. And I know it was fun. The thought of being in a crowd didn't always give me chills. But then there was something else wasn't there?I'd almost forgotten until I saw this unfortunate story a few days ago...Ah, yes. I'd gotten so wr...Read More
Renforth Resources Inc. is pleased to announce that it will be prRead full newsRead More
Goldcore Resources Ltd is pleased to announce that it has engagedRead full newsRead More
Omai Gold Mines Corp. is pleased to announce that it will be presRead full newsRead More
Platinex Inc. is pleased to announce the appointment of ChristophRead full newsRead More
The Company announces a bought deal private placement of Units with Canaccord Genuity for aggregate gross proceeds of C$3,500,200.Read full newsRead More
FSD Pharma Inc. (Nasdaq:HUGE) (CSE:HUGE) (Read full newsRead More
India's gold imports in January surged 72% from a year earlier, a government source said on Wednesday, as a correction in prices from a record high drew retail buyers and jewellers.Read full newsRead More
Portfolio managers see promise in small firms despite their lack of profitability and heightened riskRead 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