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
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO) ("IsoEnergy" or the "Company") is pleased to announce that it has closed its previously announced bought deal private placement financing pursuant to an agreement with Haywood Securities Inc. (the "Underwriter"), raising aggregate gross proceeds of C$4,000,000 (the "Offering"). Under the terms of the Offering, the Company issued 2,702,703 flow-throu...Read More
Vancouver-based copper and gold producer has tabled an updated resource and reserve statement for its mine in Brazil.Read full newsRead More
Before it ceased operation in 1942, the Octave mine produced over $310 million worth of gold, and that was from just 30% of the vein. Now it is for sale.Read full newsRead More
Capanema was expected to start up in the second half of 2023."The project will have a production capacity by natural moisture (without tailings generation) of 18Mtpy and in the first years it will bring a net addition of 14Mtpy of capacity to Vale with the expedition through the Timbopeba site," the company said."The start of the construction works of Capanema project marks another important step...Read More
(IDEX Online) - A mystery donor left an antique diamond ring, valued at over $6,000, in one of the Salvation Army's famous red collection kettles.The 1.81-ctw ring (pictured) came inside a small plastic bag with a note scrawled on a scarp of paper that simply said: "Help the poor".The Salvation Army in the Germantown area of Memphis, Tennessee, said: "We may never know the story behind the ri...Read More
(IDEX Online) - Customs officers in the USA seized two shipments of fake brand-name watches and jewlery, with a "genuine" vale of $9.6m.One of the intercepted packages came from Shenzen, China, and included 171 items, labeled as Versace, Michael Kors, Cartier, Salvatore Ferragamo, Dior, Tiffany, Bulgari, Armani, Hugo Boss, Burberry, Hublot, Patek Phillippe, Audemars Piguet, Louis Vuitton, Fossil,...Read More
(IDEX Online) - The World Diamond Council says 200 companies are currently trying out its newly-updated rules on responsible sourcing.It hopes to roll out its new System of Warranties (SoW) - pictured - early next year, requiring sellers at every point in the supply chain - polished as well as rough - to include a statement on B2B invoices and memos guaranteeing that the diamonds are Kimberley Pro...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Citadel comprises the Calibre and Magnum deposits, which are both about 45km east of Rio Tinto's 503 million tonne Winu copper-gold discovery.Read More
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has secured $10 million in government funding that will allow it to accelerate the development of its cobalt refinery in Ontario, 600 km from the U.S. border. Under the funding arrangement, the Canadian federal government has agreed to provide a $5 million interest-free loan to the company, while the government of Ontario will give a $5 million non-repayab...Read More
"IL EST MORT! He is dead!" At least that was the verdict of five French doctors who were on their way to a medical convention on the Paris to London Eurostar train in 2014, when they briefly examined "the body" of Stephen G. Roman, Global Atomic's (TSX: GLO; US-OTC: GATF) founder, chairman and CEO."I was on my way to meetings in London after visiting our uranium properties in the Republic of Niger...Read More
The Canadian government has rejected Shandong Gold Mining's bid to acquire TMAC Resources (TSX: TMR), the companies said.In a filing to the Shanghai Stock Exchange, Shandong Gold said it had received notice of a decision made by Canadian authorities on Dec. 18, based on the Investment Canada Act.Shandong agreed to buy the company for about US$150 million in May, but in October TMAC said it had...Read More
This week's episode features Integra Resources president and CEO George Salamis, who discusses the latest technological breakthroughs in mining and how Canada can strategically rebuild its economy after the coronavirus pandemic. George also shares his thoughts on bitcoin, gold and inflation.All this and more with host Adrian Pocobelli.Music Credits:"Rattlesnake Railroad", "Big Western Sky", "Weste...Read More
John McConnell - Featured Speaker - GMS: November 10th, 2020 from The Northern Miner on Vimeo.Read More
Rare earth metals are at the core of every major technology today.Smartphones, laptops, wind turbines, electric cars, and medical devices - you name it.They're also widely used in defense technology, like jets and guided missile systems.Neodymium, dysprosium, praseodymium, and terbium, for example, are all used in high-strength permanent magnets. They are used in virtually every modern vehicle and...Read More
Bioplastics company, good natured Products (GDNP) has closed its bought deal private placement after raising C$4,004,400 in proceeds.Read full newsRead More
The CEO and founder of Loop Insights (MTRX), Rob Anson, has joined Draganfly's (DFLY) board of advisors.Read full newsRead More
NexTech AR (NTAR) has been chosen by the Canadian Institute of Mining,...Read full newsRead More
Vancouver, Canada TheNewswire - December 21, 2020 - Nexus Gold CoRead full newsRead More
Sentinel Resources Corp. is pleased to release its 2020 Annual ShRead full newsRead More
Pacific Empire Minerals Corp. is pleased to announce it has signeRead full newsRead More