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) - A new smartphone app can count a collection of the tiniest gems almost instantly.The diamond and jewelry wholesaler Terra Cor, based in New York, is branching into tech and has launched image-based gem counting software that can count sizes down to .005 ct. (-2) stones. It uses a neural network - a series of algorithms - to count the gems in a high-quality photograph and sends...Read More
(IDEX Online) - A son of the LVMH billionaire Bernard Arnault will reportedly take a key management role at Tiffany & Co.Alexandre Arnault, aged 28, is currently CEO of the German luxury suitcase brand Rimowa, which is part of the LVMH empire. Two brothers and a sister also run LVMH companies.His appointment, and that of Anthony Ledru, a top Louis Vuitton executive to another top position at T...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.With a focus on copper and gold, Mundoro enters the new year with a spring in its step after clinching an additional exploration partnership with Vale Canada. That brings the number of partnered exploration licences with Vale to six in total.Many of Mundoro's assets are in the Tethyan Belt's Timok region in Ser...Read More
Last year, Ontario-focused miner Harte Gold (TSX: HRT; US-OTC: HRTFF) produced 25,649 gold oz., exceeding its prior guidance of 20,000 to 24,000 ounces. The emerging producer churned out a record 10,835 oz. in the fourth quarter, which is a quarterly record for the Sugar Zone mine in White River since reaching commercial production in January 2019.In 2021, Harte expects to grow its output to 60,00...Read More
Seabridge Gold (TSX: SEA; NYSE: SA) has bought Pretium Resources' (NYSE: PVG) Snowfield property in northwest British Columbia for US$100 million in cash, a 1.5% net smelter return royalty related to all production and a US$20 million future contingent payment.The Toronto-based miner says the acquisition of Snowfield, immediately adjacent to its 100%-owned Kerr-Sulphurets-Mitchell (KSM) gold-c...Read More
A U.S. judge from Michigan has reversed a decision by state regulators allowing Aquila Resources' (TSX: AQA; US-OTC: AQARF) proposed gold, zinc and copper mine to go ahead.The ruling revokes the wetlands permit for the Back Forty project in Lake Township, north of Menominee. It comes after opponents to the project challenged the permit issued in 2018 by the Michigan Department of Environment, Grea...Read More
Since founding privately held USA Rare Earth three years ago, Pini Althaus has focused on turning his vision of creating a secure supply of rare earth elements in the United States a reality.The New York-based CEO is equally determined to establish REE separation and processing capability in the U.S. and build manufacturing facilities for magnets containing the critical elements that are used in e...Read More
Based on drill results to date at its Queensway gold project in Newfoundland, junior New Found Gold (TSXV: NFG) has doubled the size of its drill program to 200,000 metres from 100,000 metres.The expanded program, which will employ eight drill rigs - up from four currently - will also allow New Found to drill new targets defined along 5 km of strike of the Appleton Fault Zone and 3 km of strike of...Read More
Cornish Lithium, a British miner eager to lead the development of an industry for the battery metal in the U.K., has been given the green light to explore for the battery metal in geothermal waters off the coast of Cornwall.The permit comes after a two-year tender process held by the Crown Estate, which manages the seabed surrounding the U.K.Cornish Lithium will begin its desk-based exploration...Read More
Trident aims to fill valuable nicheSPONSOREDtrident royaltiesThe company said mineralisation and favourable alteration appeared to be increasing with depth. Both holes ended in the favourable lithological host rocks for skarn-style alteration and mineralisation, indicating potential for more mineralisation at depth.Highlights included 59.05m grading 0.47% copper, 0.38 grams per tonne of gold and 3...Read More
Dear Readers,Yesterday was a very disturbing day in American history.We witnessed the storming of the Capitol building under the winking direction of the leader of the free world. I don't care where you stand politically; it was a disgrace to our democracy and to civil decency. Now, I'm all for protest - I've participated in many myself. But protests only work when you don't poison the message yo...Read More
McIllree has moved to executive chairman after five years at the helm with construction poised to begin on the company's flagship Dundas ilmenite project.Read More
Fury holds three core Canadian gold projects: Eau Claire in Quebec, Committee Bay in Nunavut and Homestake Ridge in British Columbia.Read full newsRead More
A new study by researchers at the University of Southampton, UK, has found that SARS-CoV-2 can inactivate on copper surfaces in as little as 1 minute. This is faster than the findings of previous studies in which it took as much as 4 hours before the virus was inactivated.Read full newsRead More
Peruvian Metals (TSXV:PER) has launched its campaign on the Investing News Network.Read full newsRead More
TriStar Gold (TSXV:TSG,OTCQX:TSGZF) has launched its campaign on the Investing News Network.Read full newsRead More
Searchlight Resources Inc. is pleased to announce the results ofRead full newsRead More
Erdene Resource Development Corporation is pleased to provide expRead full newsRead More
Victory Resources Corporation is pleased to announce that it hasRead full newsRead More
Portofino Resources INC. is pleased to announce it has received eRead full newsRead More