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
We all have our firsts in life; the stories of those defining moments that changed things forever. First beer, first kiss, first car. How about your first job? Here's how I - an averagely intelligent 21-year-old middle class boy from southeast England - landed my first career move down the deep level mines in South Africa. I committed to a three-year stint, embracing an unknown world of diamond dr...Read More
Earth scientists are a well-educated bunch, although we don't always come across as clever when we're five beers into our cups. Most geologists - other than self-taught prospectors - have some form of university degree. Many of my colleagues were so enamored with the University study-drink-drink-more-study-repeat routine that they did what I did, and went back to university to earn a master's degr...Read More
U.S.-focused miner Fiore Gold (TSXV: F; US-OTC: FIOGF) has released assay results for 29 drillholes completed at its Gold Rock project in Nevada. The majority of these intercepts are infill holes aimed at gaps in the current resource.The drill highlights included 18.3 metres of 0.84 gram gold per tonne starting at 170.7 metres; 19.88 metres of 1.33 grams gold per tonne from 129.5 metres; and 12.2...Read More
Only a week into his administration, Joe Biden seems to have adopted something of an "America First" policy. But unlike with the previous administration, it doesn't have anything to do with foreign relations or diplomacy. Instead, Biden wants to put America first in regards to manufacturing and energy policy. Earlier this week, he announced a plan to replace the U.S. government's vehicle fleet wi...Read More
KEFI on course with Tulu Kapi financing; looks to expand and upgrade maiden resource at HawiahRead full newsRead More
Vancouver, BC - Ovation Science Inc. (CSE: OVAT) ("Ovation" or the "Company"), is pleased to announce it has received a further order for its DermSafe (R) hand sanitizer lotion from its distributor, Grupo Venta International, S.A. de C.V. ("Grupo Venta"), with corporate offices in Guadalajara, Mexico. They have been successfully selling DermSafe personal use sized bottles through-out Mexico an...Read More
China-backed Nickel Mines, which owns 80% of the two projects, had cash, receivables and inventory at the quarter's end of $518 million, including cash of $351.4 million.The ASX-listed nickel producer completed a fundraising of $275 million last quarter, with the funding principally earmarked for a new nickel development in Indonesia that will take Nickel Mines' profile from about 24,000tpa (from...Read More
Share this articleVANCOUVER - SIGMA Lithium Resources Corporation (TSX-V: SGMA) (OTC- QB: SGMLF) reported exceptional results of metallurgical tests performed to evaluate, among other parameters, the recovery of lithium from the Barreiro deposit proposed to be developed in Phase 2 of the Company's Grota do Cirilo Project. The Met Tests included a heavy liquid separation test to evaluate the extent...Read More
(IDEX Online) - Tiffany is poised to expand its offering to include more gold, precious gems and watches, after LVMH's $15.8bn buyout was finally completed earlier this month.The French luxury conglomerate also has its sights set on revamping many of its 320 US stores and expanding its operations in Europe and Asia.The new owners outlining their vision to 14,000 Tiffany employees, said the em...Read More
(IDEX Online) - Grading reports by the IGI on lab-grown diamonds will now include details of post-growth treatments.The lab says previous reports have indicated only that lab-growns "may include post-growth treatments to alter color".Thanks to advances in technology it says it can now it can confidently state whether a diamond was "as grown" or may have been treated. For untreated CVD) and Hi...Read More
(IDEX Online) - Mountain Province sold 241,827 carats for $21.8m in Antwerp at its first sale of year and reported an eight per cent increase in like-for-like prices. The miner, which holds a 49 per cent stake in Gahcho Ku?? (C) , Canada, said the results were excellent, and reflected a "growing confidence" among rough buyers.The sale, which closed on 22 January, achieved an average value of...Read More
Trident aims to fill valuable nicheSPONSOREDtrident royalties"2021 for us is the year where the narrative of a greener, government-supported transformation of the social paradigm meets the reality of too little supply, inadequate infrastructure, and a businessRead More
Eloro Resources (TSXV: ELO) reported additional results from its diamond drilling program at the Iska Iska silver-polymetallic project in southern Bolivia. The new drill results are from 10 additional holes on top of the five underground holes previously received by the company. These included the first three underground holes drilled at the Santa Barbara Breccia Pipe (SBBP) discovery, the deepes...Read More
TSX Venture-listed Sierra Madre Developments (TSXV: SMG.H) has entered into an amalgamation agreement to acquire B.C.-incorporated and privately held Goldshore Resources. Separately, Goldshore has entered into an asset purchase agreement with gold producer Wesdome Gold Mines (TSX: WDO), to acquire the 143-sq.-km Moss Lake gold project, 100 km west of Thunder Bay, for an estimated total considerati...Read More
First Cobalt (TSXV: FCC; US-OTC: FTSSF) announced that it has started pre-construction work at its permitted cobalt refinery in Ontario. The company is now working on detailed engineering and procurement of long lead time items - this includes a cobalt crystallizer and solvent extraction and filtering equipment. Pilot plant testwork is also underway to assess additional improvements to the refiner...Read More
This week's episode features financier Robert Friedland's keynote address at the opening ceremonies of AME Remote Roundup. Friedland discussed the state of the mining industry, including the search for new deposits to supply the green economy, the 'revenge of the miners', the importance of ESG, new exploration techniques and a renewal in mine financing.All this and more with host Adrian Pocobelli....Read More
Ready Set Gold Corp. announces that related to a review by the BrRead full newsRead More
Israeli mining magnate Beny Steinmetz found guilty of bribing public officials over Simandou.Read full newsRead More
Platinex Inc. reports the results of grab sampling and progress oRead full newsRead More
Gambier Gold Corp. is pleased to announce that the Company intendRead full newsRead More