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
BlockchainK2 (TSXV:BITK) is looking to capitalise on the convergence of gaming and cryptocurrency with the acquisition of Equiti Games.Read full newsRead More
Non-brokered private placement of up to 13,333,333 units to be sold at a price of C$0.15 per Unit for gross proceeds of up to C$2,000,000Read full newsRead More
It will convert Salvador, in operation since 1959, from an underground copper mine to an open-pit.Read full newsRead More
Bardoc eyes long-term growth in prime goldfields locationSPONSOREDbardoc goldDrill results multiply value options in front of YandalSPONSOREDyandal resources'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineThe daily challenges of the pandemic on governments across...Read More
Griffin, one of the few Western miners active in China, applied for the licence eight years ago.Read More
Share this article VANCOUVER - VanadiumCorp Resource Inc. [VRB-TSXV; APAFF-OTCBB; NWN-FSE] has signed a memorandum of understanding for a trilateral partnership with Conoship International Projects BV from the Netherlands and Vega Reederei and Partners GmbH from Germany.Key engineering work is planned to commercially develop next-generation vanadium redox flow-battery technology and high-energy...Read More
(IDEX Online) - Year-on-year diamond prices for December 2020 were exactly in line with those of the same month in 2019 - no change at all. They were badly hit by the pandemic in March and April, when they were 4.8 per cent down, but have rising more or less steadily ever since and have now reached pre-Covid levels. The Index is now at the x-axis, with every likelihood that it will brea...Read More
(IDEX Online) - The Dubai Diamond Exchange (DDE) is to host six tenders this month, three of them by first-time companies - I Henning, KOIN International and Choron/Bonas Group.The level of activity reflects "strong industry demand," it says, as the sector rebounds from a challenging 2020.In December Stargems hosted the largest ever rough diamond tender in the United Arab Emirates, at DDE. A...Read More
(IDEX Online) - A decision on what should happen to the statue of De Beers founder Cecil Rhodes has been delayed by Oxford University.An independent Commission of Inquiry launched last year by Oriel College, was due to report its finding this month, but is said to be dealing with an unexpectedly high number of representations.The fate of the bronze statue - whether it should be removed and if so w...Read More
Corvus Gold (TSX: KOR; US-OTC: CORVF) has reported drill results from the second hole in the new northern feeder zone target on the Central Intrusive zone (CIZ) at its Mother Lode project in Nevada, 165 km northwest of Las Vegas.Drill hole ML20-165CT intersected 130.5 metres grading 2.33 grams gold per tonne and 3.91 grams silver per tonne starting from 308.46 metres, including 27.7 metres gradi...Read More
Infill drilling at Skeena Resources' (TSX: SKE; US-OTC: SKREF) past-producing gold-silver Eskay Creek project in the Golden Triangle of northwestern B.C. hit high-grade mineralization at surface within the 22 Zone resource pit.Drill highlights from the 22 Zone included 26.3 metres of 3.05 grams gold per tonne and 221 grams silver per tonne (6 grams gold-equivalent per tonne) and 14.5 metres of 4.4...Read More
Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) said the Florence town council in Arizona has decided not to appeal the Aquifer protection permit (APP) for the company's Florence copper project, which it received last month.The permit, granted by the Arizona Department of Environmental Quality (ADEQ), allows Taseko to extract copper in-situ, a process done using a water-based solution.The project,...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) announced that underground development at its Kamoa-Kakula copper project in the Democratic Republic of the Congo mined and stockpiled 269,000 tonnes of ore grading 5.36% copper in December from the Kakula and Kansoko mines. The miner said in a press release that given its progress, initial production at Kamoa-Kakula can be expected in less than six months...Read More
Bardoc eyes long-term growth in prime goldfields locationSPONSOREDbardoc goldDrill results multiply value options in front of YandalSPONSOREDyandal resources'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineLong staunchly opposed to the solution-mining copper devel...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.2030 will be a key year with several companies targeting significant reductions over the next decade.Read More
Corvus Gold (TSX: KOR; US-OTC: CORVF) has reported drill results from the second hole in the new northern feeder zone target on the Central Intrusive zone (CIZ) at its Mother Lode project in Nevada, 165 km northwest of Las Vegas.Drill hole ML20-165CT intersected 130.5 metres grading 2.33 grams gold per tonne and 3.91 grams silver per tonne starting from 308.46 metres, including 27.7 metres gradi...Read More
While you're reading this, companies are bidding close to $80 billion for a technology that's going to shape the future. Last month, almost 60 companies put in bids with the Federal Communications Commission to take control of 5G airwaves. You know many of these names: Verizon, AT&T, T-Mobile, Dish Network, and Comcast, just to name a few. Over the past months, these companies have been competing...Read More
New investment from groups in the UK, USA, China and Australia was "an endorsement of Oxbotica's go-to-market strategy, deploying its autonomy software in industrial use cases in advance of rolling out in urban passenger transportation applications in the future".The groups include UK-based BGF, IP Group, Halma and energy major BP; San Francisco-headquartered Venture Science; China's Tencent Holdi...Read More
Robert McWhirter, president of Selective Asset Management discusses his top picks: Dollarama, Dundee Precious Metals and Lundin Mining.Read full newsRead More
Hedge funds increased bets against major gold miners, filings reviewed by Reuters showed, as COVID-19 vaccines weakened expectations for the yellow metal after a year of record gains.Read full newsRead More