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
Kuya Silver (KUYA) has acquired 100 per cent of S&L Andes Export S.A.C., the company which owns the Bethania Project.Read full newsRead More
FansUnite Entertainment (FANS) and its partner, GameCo, are working with US Bookmaking and Sky Ute Casino to establish an esports sportsbook in the United States.Read full newsRead More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce it has completed a non-brokered private placement consisting of the issuance of 36,363,636 units of the Company at a price of $0.055 per unit, for aggregate gross proceeds of $2,000,000 as announced by the Company on December 1, 2020 and updated on December 11, 2020.The Company is very ple...Read More
Where is all the gold in South Australia?Read full newsRead More
Green loans, Nordic high-yield bonds and even crowdfunding are all gaining traction as sources of alternative financing for miners, a report from European law firm Fieldfisher, ‘AlternativeRead More
A bankable feasibility study has calculated capex of about A$8 million for an openpit project producing natural phosphate fertiliser products and generating annual earnings of $14 million (on anRead More
Look beyond market approach to project valuations: van ZylLeadershipBardoc 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 miningMather's re-election passed, though 44.7% of shareholders voted against it. Director Ja...Read More
Two years ago The Northern Miner named Nick Mather, president and CEO of Australian junior SolGold (TSX: SOLG; LSE: SOLG), as its Mining Man of the Year for his role as the driving force behind the world-class Alpala gold-copper deposit at its Cascabel project in Imbabura province in northern Ecuador. The company has attracted major companies as shareholders, including BHP (NYSE: BHP; LSE: BHP) wi...Read More
Perseus Mining (TSX: PRU; ASX: PRU) has successfully completed the first pourof gold at its Yaour?(C) Gold mine in C??te d'Ivoire, five weeks ahead of schedule.With construction of the Yaour?(C) processing plant and associated infrastructure largely complete, the company expects to declare commercial production during the March 2021 quarter.Perseus acquired Yaour?(C) when it merged with Amara Mini...Read More
Endeavour Silver (TSX: EDR; NYSE: EXK) has agreed to sell its El Cubo mine and related assets to Mexico-focused miner VanGold Mining (TSXV: VGLD).Endeavour will receive a combination of US$7.5 million cash, US$5 million in VanGold shares and US$2.5 million in unsecured promissory notes, for a total payment of US$15 million.The El Cubo mine, located in Guanajuato, Mexico, includes two previously o...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) is buying Trillium Mining for $25 million (US$19.6 million) to access a 5,418-hectare land package located east of its own Island Gold deposit in Ontario, Canada.The acquisition, Alamos said, more than doubles its land position to 15,000 hectares in the Michipicoten Greenstone Belt of northern Ontario.The move would give the Toronto-based company Trillium's namesa...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp."Demand for copper, but also aluminium, nickel and cobalt, is going to be absolutely enormous," Rahim told a Jefferies commodities webinar.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 mineSPONSOREDmicromineThe company said the integration created synergies by comb...Read More
It looks as though Congress is finally on the verge of passing the long-awaited second coronavirus stimulus bill. But before anyone gets too excited I feel compelled to remind you how the last one went.Despite all the media hype surrounding the $1,200 stimulus checks (not much when you consider the average monthly rent in America is $1,468), you should remember the program was overwhelmingly a sl...Read More
John Horgan's NDP government predicted B.C.'s deficit would grow to $13.6 billion this fiscal year, but also forecasted the economy would see a quicker recovery from COVID-19 than other provinces. BNN Bloomberg's Tara Weber digs into the numbers.Read full newsRead More
Toronto, ON TheNewswire - December 17, 2020 - Junior Mining NetwoRead full newsRead More
Novo Resources Corp. is pleased to provide an operational updateRead full newsRead More
FenixOro Gold Corp is pleased to announce additional high grade iRead full newsRead More
Carlyle Commodities Corp. is pleased to announce that it has enteRead full newsRead More
NV Gold Corporation is pleased to announce that drilling is now uRead full newsRead More