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
Maximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesThe miner said its flagship Chelopech mine in Bulgaria delivered consistent production through the year of 179,600oz and 35.Read More
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has secured cobalt feed amounting to 90% of capacity for its First Cobalt Refinery in Ontario. The facility will be the only producer of cobalt sulphate for electric vehicle batteries in North America once the company completes a $77 million recommissioning and expansion next year.First Cobalt supply agreements with Glencore (LSE: GLEN) and IXM SA (a subsidi...Read More
Orla Mining (TSX: OLA; NYSE: ORLA) has released an updated feasibility study for its Camino Rojo heap leach oxide gold project in Mexico. The latest study features a 54% increase in reserves and a 3.5-year mine life extension for the operation, which is currently under construction.The study envisions a 10.4-year, 18,000 tonne per day mine that would produce an average of 94,000 gold oz. and 597,0...Read More
This week's episode features EY Canada's Dean Braunsteiner, partner, assurance, and Eric Simmons, partner, assurance, who discuss the increasing importance of non-financial assurance reporting. Dean and Eric explain how ESG is becoming an increasing concern for investors and how mining companies can distinguish themselves with assurance audits.All this and more with host Adrian Pocobelli.Music Cre...Read More
With rising Covid-19 infections, a new and more infectious variant of the virus, and a vaccination rollout slower than most would like, along with the sickening scenes from Washington, D.C. on Jan. 6 that saw a mob incited by U.S. President Donald Trump launch an attack on Capitol Hill, it's important to try to stay at least a little bit positive as the new year begins.That's why we'll focus here...Read More
Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineThe PEA will consider potential development options for the various deposits—which include...Read More
Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineThe company intersected 126.2m grading 0.31 grams per tonne gold, 0.53% copper and 34.6g/t silve...Read More
One of the biggest lies you have been told about the economy after the last 10 months is the emergence of the K economy.It should need no introduction. It is the talk of the town. The age-old story of the haves and have-nots written for a new paradigm.And that's just the thing - it is age old. Any sense that this is something new is entirely based on our limited capacity to draw long parallels whi...Read More
The sale of electric cars in Norway overtook those powered by petrol, diesel and hybrid engines last year, with German auto-maker Volkswagen replacing Tesla as the top battery-vehicle producer, new data showed on Tuesday.Read full newsRead More
Renforth Resources Inc. is pleased to provide shareholders with tRead full newsRead More
US$12 million investment to acquire 19.9% of Sayona Mining LimiteRead full newsRead More
Why Gold Mining Stocks Outperform Gold in Bull Markets Gold is highly revered for its great returns and resilience during economic downturns, ...Read full newsRead More
Vision Lithium (TSXV: VLI) and Rock Tech Lithium (TSXV: RCK) closed up 100% and 69% respectively, both on no news.Both had closed placements last week, with Vision raising more than C$800,000 for exploration and working capital, while Rock Tech raised almost $4 million towards feasibility studies on a lithium hydroxide converter and more development work on its Georgia Lake lithium project, plus w...Read More
Copper production in Q4 totalled 3,365 tonnes, up 7% year-on-year and bringing annual volumes to 13,855t, comfortably within the company's target of 13,500-14,000t.Read More
(IDEX Online) - Tech firm Sarine says its digital tender solutions, already adopted by Alrosa and Lucara, are now being used by Stargems as well.The coronavirus pandemic has proved to be a catalyst to rough sellers trading with remote buyers.Israel-based Sarine says Stargems is now using its systems to map external internal features and help determine the true value of the polished diamonds that c...Read More
(IDEX Online) - Lucapa's mine at Mothae, in Lesotho, achieved its highest ever per-carat price in a sale earlier this month.The Australian miner sold a parcel of 4,676 carats of rough diamonds for a total of $5.6m, averaging $1,198 per carat.The sale included a Type IIa 101-carat D-color diamond announced last month and a number of other specials over 10.8 carats.Lucapa Diamond Company Limite...Read More
(IDEX Online) - India's only industrial diamond has resumed operations, days after work was halted because of environmental concerns.Mining at the Majhgawan mine (pictured), near the town of Panna, in Madhya Pradesh, has been stopped several times over the last 50 years because of concerns by the National Wildlife Board.The mine, estimated to have reserves of 34m carats, is close to the Panna...Read More
Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineTeething issues with the transition to a new pit at the company's Gibraltar mine in British Colu...Read More
Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineIn time, EVs will win the race against internal combustion engines (ICE) but it will be a race r...Read More
Equinox Gold (TSX: EQX; NYSE: EQX) beat its revised 2020 production guidance and churned out 477,200 gold ounces last year. With 136,400 oz. generated in the fourth quarter, the company exceeded its prior forecast of 425,000 to 465,000 oz. for the year.The 2020 production numbers included gold poured during the ramp-up and commissioning of the Castle Mountain open-pit mine in California, which rea...Read More